Gulfa General Investments Co (DFM:GULFA-INVEST) Return-on-Tangible-Equity : 43.69% (As of Sep. 2021)

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What is Gulfa General Investments Co Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Gulfa General Investments Co's annualized net income for the quarter that ended in Sep. 2021 was د.إ22.75 Mil. Gulfa General Investments Co's average shareholder tangible equity for the quarter that ended in Sep. 2021 was د.إ52.08 Mil. Therefore, Gulfa General Investments Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was 43.69%.

The historical rank and industry rank for Gulfa General Investments Co's Return-on-Tangible-Equity or its related term are showing as below:

DFM:GULFA-INVEST's Return-on-Tangible-Equity is not ranked ^*
in the Beverages - Non-Alcoholic industry.
Industry Median: 15.175
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Gulfa General Investments Co Return-on-Tangible-Equity Historical Data

The historical data trend for Gulfa General Investments Co's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gulfa General Investments Co Return-on-Tangible-Equity Chart

Gulfa General Investments Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Return-on-Tangible-Equity

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2.75

-11.09

-36.50

-12.28

-14.72

Gulfa General Investments Co Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-10.90	-3.54	51.32	62.10	43.69

Competitive Comparison of Gulfa General Investments Co's Return-on-Tangible-Equity

For the Beverages - Non-Alcoholic subindustry, Gulfa General Investments Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gulfa General Investments Co's Return-on-Tangible-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Gulfa General Investments Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Gulfa General Investments Co's Return-on-Tangible-Equity falls into.

Gulfa General Investments Co Return-on-Tangible-Equity Calculation

Gulfa General Investments Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-5.09	/	( (32.083	+	37.061 )	/ 2 )
	=	-5.09	/	34.572
	=	-14.72 %

Gulfa General Investments Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	22.752	/	( (49.235	+	54.925)	/ 2 )
	=	22.752	/	52.08
	=	43.69 %

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Gulfa General Investments Co (DFM:GULFA-INVEST) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.

Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.

Gulfa General Investments Co Return-on-Tangible-Equity Related Terms

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Gulfa General Investments Co (DFM:GULFA-INVEST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Gulfa General Investments Co (DFM:GULFA-INVEST) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gulfa Street, P.O. Box 929, Ajman, ARE

Website

http://gulfa.investments

Gulfa General Investments Co is engaged in investing in commercial and industrial projects, educations services, and other industries.

Gulfa General Investments Co (DFM:GULFA-INVEST) Headlines

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