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Sukoon Insurance PSJC (DFM:SUKOON) Return-on-Tangible-Equity : 13.72% (As of Mar. 2025)


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What is Sukoon Insurance PSJC 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. Sukoon Insurance PSJC's annualized net income for the quarter that ended in Mar. 2025 was د.إ405 Mil. Sukoon Insurance PSJC's average shareholder tangible equity for the quarter that ended in Mar. 2025 was د.إ2,950 Mil. Therefore, Sukoon Insurance PSJC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 13.72%.

The historical rank and industry rank for Sukoon Insurance PSJC's Return-on-Tangible-Equity or its related term are showing as below:

DFM:SUKOON' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.48   Med: 9.56   Max: 11.08
Current: 10.04

During the past 13 years, Sukoon Insurance PSJC's highest Return-on-Tangible-Equity was 11.08%. The lowest was 0.48%. And the median was 9.56%.

DFM:SUKOON's Return-on-Tangible-Equity is ranked worse than
58.47% of 484 companies
in the Insurance industry
Industry Median: 12.695 vs DFM:SUKOON: 10.04

Sukoon Insurance PSJC Return-on-Tangible-Equity Historical Data

The historical data trend for Sukoon Insurance PSJC'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.

Sukoon Insurance PSJC Return-on-Tangible-Equity Chart

Sukoon Insurance PSJC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.24 9.70 10.76 9.77 9.41

Sukoon Insurance PSJC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.01 6.50 6.66 12.92 13.72

Competitive Comparison of Sukoon Insurance PSJC's Return-on-Tangible-Equity

For the Insurance - Diversified subindustry, Sukoon Insurance PSJC'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.


Sukoon Insurance PSJC's Return-on-Tangible-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sukoon Insurance PSJC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sukoon Insurance PSJC's Return-on-Tangible-Equity falls into.


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Sukoon Insurance PSJC Return-on-Tangible-Equity Calculation

Sukoon Insurance PSJC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=265.711/( (2709.745+2936.68 )/ 2 )
=265.711/2823.2125
=9.41 %

Sukoon Insurance PSJC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=404.796/( (2936.68+2964.062)/ 2 )
=404.796/2950.371
=13.72 %

* 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.

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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sukoon Insurance PSJC  (DFM:SUKOON) 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.


Sukoon Insurance PSJC Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Sukoon Insurance PSJC's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Sukoon Insurance PSJC Business Description

Traded in Other Exchanges
N/A
Address
Omar Bin Al Khattab Street, Next to Al Ghurair Mall P.O. Box 5209, Deira, Dubai, ARE
Sukoon Insurance PSJC provides insurance services. The group is organized into three business segments, General Insurance, Life Insurance, and Investments. The General Insurance segment comprises of property, engineering, energy, motor, general accident, aviation, and marine risks. Its Life Insurance segment includes individual life, medical, group life and, personal accident as well as investment-linked products. The investment comprises investments (financial and non-financial), deposits with banks and cash management.

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