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Tabreed PJSCDFM:TABREED -1.50%86 Return-on-Tangible-Equity is 14.43% as of Mar. 2026, which is 13% below its 10-year median of 16.52. GuruFocus rates DFM:TABREED with a GF Score™ of 86/100 and a GF Value™ of د.إ3.13 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 497 Utilities - Regulated companies, Tabreed PJSC ranks better than 75.25% on this metric.
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. Tabreed PJSC's annualized net income for the quarter that ended in Mar. 2026 was د.إ313 Mil. Tabreed PJSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ2,166 Mil. Therefore, Tabreed PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.43%.
The historical rank and industry rank for Tabreed PJSC's Return-on-Tangible-Equity or its related term are showing as below:
DFM:TABREED'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.68 Med: 16.52 Max: 31.72
Current: 19.86
During the past 13 years, Tabreed PJSC's highest Return-on-Tangible-Equity was 31.72%. The lowest was 8.68%. And the median was 16.52%.
DFM:TABREED's Return-on-Tangible-Equity is ranked better than 75.25% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.9
vs DFM:TABREED: 19.86
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.
Tabreed PJSC Return-on-Tangible-Equity Related Terms
Tabreed PJSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tabreed PJSC'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.
DFM:TABREED vs AWK, WTRG, AWR: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Water subindustry, Tabreed PJSC'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.
Tabreed PJSC Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tabreed PJSC's Return-on-Tangible-Equity falls into.
* 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. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 14.43% mean?
Tabreed PJSC (DFM:TABREED) has a Return-on-Tangible-Equity of 14.43% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tabreed PJSC and its competitors. This is 13% below median its historical median of 16.52. Over the past decade, Tabreed PJSC's Return-on-Tangible-Equity has ranged from 8.68 to 31.72. According to the industry distribution chart, Tabreed PJSC ranks #123 out of 497 companies in the Utilities - Regulated industry, placing it in the top 24.7%.
Is Tabreed PJSC's Return-on-Tangible-Equity too high?
Tabreed PJSC's current Return-on-Tangible-Equity of 14.43% is 13% below median its 10-year median of 16.52. Over the past 10 years, this metric has ranged from a low of 8.68 to a high of 31.72. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. Tabreed PJSC's value of 14.43% is 32.4% above this industry median. Based on the distribution chart, Tabreed PJSC ranks #123 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Tabreed PJSC has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tabreed PJSC's Return-on-Tangible-Equity compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Tabreed PJSC ranks #123 out of 497 companies for Return-on-Tangible-Equity. This places Tabreed PJSC in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.90. Tabreed PJSC's value of 14.43% is 32.4% above this benchmark. Historically, Tabreed PJSC's own Return-on-Tangible-Equity has ranged from 8.68 to 31.72 over the past decade. While the company's 10-year median is 16.52 vs. the industry median of 10.90, Tabreed PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.90, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tabreed PJSC's current Return-on-Tangible-Equity of 14.43% is 32.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tabreed PJSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabreed PJSC's current Return-on-Tangible-Equity is 14.43%, which is 13% below median its own 10-year median of 16.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabreed PJSC stock overvalued right now?
Based on GuruFocus' analysis, Tabreed PJSC (DFM:TABREED) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ3.13, compared to a current price of د.إ2.62 — trading 16.3% below its estimated fair value. The current Return-on-Tangible-Equity is 14.43%, which is 13% below median its 10-year median of 16.52 and 32.4% above the Utilities - Regulated industry median of 10.90. Tabreed PJSC's overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Tabreed PJSC (DFM:TABREED), the current Return-on-Tangible-Equity is 14.43% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tabreed PJSC (DFM:TABREED) Overvalued in 2026?
Based on GuruFocus' analysis, Tabreed PJSC stock appears to be undervalued.
The current stock price of د.إ2.62 is trading 16.3% below its estimated GF Value™ of د.إ3.13.
GuruFocus considers Tabreed PJSC to be Modestly Undervalued.
Key valuation signals for DFM:TABREED:
Return-on-Tangible-Equity: 14.43% (13% below median its 10-year median of 16.52)
GF Value™: د.إ3.13 vs. price of د.إ2.62 (16.3% below fair value)
Industry Position: 32.4% above the Utilities - Regulated median (#123 of 497)
No single metric tells the full story. See the DFM:TABREED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.
86GF Score
Get the complete analysis for DFM:TABREED
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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