Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Estithmar Holding Company QPSCDSMD:IGRD -0.21%85 Return-on-Tangible-Equity is 43.38% as of Mar. 2026, which is 44% above its 10-year median of 30.15. GuruFocus rates DSMD:IGRD with a GF Score™ of 85/100 and a GF Value™ of ر.ق3.24 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 550 Conglomerates companies, Estithmar Holding Company QPSC ranks better than 90.73% 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. Estithmar Holding Company QPSC's annualized net income for the quarter that ended in Mar. 2026 was ر.ق1,327 Mil. Estithmar Holding Company QPSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ر.ق3,059 Mil. Therefore, Estithmar Holding Company QPSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 43.38%.
The historical rank and industry rank for Estithmar Holding Company QPSC's Return-on-Tangible-Equity or its related term are showing as below:
DSMD:IGRD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.99 Med: 30.15 Max: 90.41
Current: 43.15
During the past 11 years, Estithmar Holding Company QPSC's highest Return-on-Tangible-Equity was 90.41%. The lowest was 5.99%. And the median was 30.15%.
DSMD:IGRD's Return-on-Tangible-Equity is ranked better than 90.73% of 550
companies
in the Conglomerates industry
Industry Median: 7.465
vs DSMD:IGRD: 43.15
Estithmar Holding Company QPSC (DSMD:IGRD) 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.
Estithmar Holding Company QPSC Return-on-Tangible-Equity Related Terms
Estithmar Holding Company QPSC Return-on-Tangible-Equity Historical Data
* 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.
Estithmar Holding Company QPSC Return-on-Tangible-Equity Chart
DSMD:IGRD vs MMM, HON: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Estithmar Holding Company QPSC'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.
Estithmar Holding Company QPSC Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Estithmar Holding Company QPSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Estithmar Holding Company QPSC'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 43.38% mean?
Estithmar Holding Company QPSC (DSMD:IGRD) has a Return-on-Tangible-Equity of 43.38% 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 Estithmar Holding Company QPSC and its competitors. This is 44% above median its historical median of 30.15. Over the past decade, Estithmar Holding Company QPSC's Return-on-Tangible-Equity has ranged from 5.99 to 90.41. According to the industry distribution chart, Estithmar Holding Company QPSC ranks #51 out of 550 companies in the Conglomerates industry, placing it in the top 9.3%.
Is Estithmar Holding Company QPSC's Return-on-Tangible-Equity too high?
Estithmar Holding Company QPSC's current Return-on-Tangible-Equity of 43.38% is 44% above median its 10-year median of 30.15. Over the past 10 years, this metric has ranged from a low of 5.99 to a high of 90.41. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Estithmar Holding Company QPSC's value of 43.38% is 481.1% above this industry median. Based on the distribution chart, Estithmar Holding Company QPSC ranks #51 out of 550 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Estithmar Holding Company QPSC has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Estithmar Holding Company QPSC's Return-on-Tangible-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Estithmar Holding Company QPSC ranks #51 out of 550 companies for Return-on-Tangible-Equity. This places Estithmar Holding Company QPSC in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.47. Estithmar Holding Company QPSC's value of 43.38% is 481.1% above this benchmark. Historically, Estithmar Holding Company QPSC's own Return-on-Tangible-Equity has ranged from 5.99 to 90.41 over the past decade. While the company's 10-year median is 30.15 vs. the industry median of 7.47, Estithmar Holding Company QPSC 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 a Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 550 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. Estithmar Holding Company QPSC's current Return-on-Tangible-Equity of 43.38% is 481.1% 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 Estithmar Holding Company QPSC and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Estithmar Holding Company QPSC's current Return-on-Tangible-Equity is 43.38%, which is 44% above median its own 10-year median of 30.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Estithmar Holding Company QPSC stock overvalued right now?
Based on GuruFocus' analysis, Estithmar Holding Company QPSC (DSMD:IGRD) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ق3.24, compared to a current price of ر.ق4.25 — trading 31.2% above its estimated fair value. The current Return-on-Tangible-Equity is 43.38%, which is 44% above median its 10-year median of 30.15 and 481.1% above the Conglomerates industry median of 7.47. Estithmar Holding Company QPSC's overall GF Score™ is 85/100 with 7 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 Estithmar Holding Company QPSC (DSMD:IGRD), the current Return-on-Tangible-Equity is 43.38% 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 Estithmar Holding Company QPSC (DSMD:IGRD) Overvalued in 2026?
Based on GuruFocus' analysis, Estithmar Holding Company QPSC stock appears to be overvalued.
The current stock price of ر.ق4.25 is trading 31.2% above its estimated GF Value™ of ر.ق3.24.
GuruFocus considers Estithmar Holding Company QPSC to be Significantly Overvalued.
Key valuation signals for DSMD:IGRD:
Return-on-Tangible-Equity: 43.38% (44% above median its 10-year median of 30.15)
GF Value™: ر.ق3.24 vs. price of ر.ق4.25 (31.2% above fair value)
Industry Position: 481.1% above the Conglomerates median (#51 of 550)
No single metric tells the full story. See the DSMD:IGRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Estithmar Holding Company QPSC Business Description
Estithmar Holding Company QPSC is a dynamic group of companies offering reliable, sustainable and quality services to companies across a diverse range of sectors from healthcare to services, ventures, contracting and industries.
85GF Score
Get the complete analysis for DSMD:IGRD
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DSMD:IGRD has been successfully added to your 
