GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alimtiaz Investment Group Co KSC (KUW:ALIMTIAZ) » Definitions » Return-on-Tangible-Equity

Alimtiaz Investment Group Co KSC (KUW:ALIMTIAZ) Return-on-Tangible-Equity : -4.72% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Alimtiaz Investment Group Co KSC 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. Alimtiaz Investment Group Co KSC's annualized net income for the quarter that ended in Mar. 2024 was KWD-4.72 Mil. Alimtiaz Investment Group Co KSC's average shareholder tangible equity for the quarter that ended in Mar. 2024 was KWD99.93 Mil. Therefore, Alimtiaz Investment Group Co KSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -4.72%.

The historical rank and industry rank for Alimtiaz Investment Group Co KSC's Return-on-Tangible-Equity or its related term are showing as below:

KUW:ALIMTIAZ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.03   Med: 4.72   Max: 18.61
Current: -10.12

During the past 13 years, Alimtiaz Investment Group Co KSC's highest Return-on-Tangible-Equity was 18.61%. The lowest was -15.03%. And the median was 4.72%.

KUW:ALIMTIAZ's Return-on-Tangible-Equity is ranked worse than
84.51% of 1678 companies
in the Asset Management industry
Industry Median: 5.17 vs KUW:ALIMTIAZ: -10.12

Alimtiaz Investment Group Co KSC Return-on-Tangible-Equity Historical Data

The historical data trend for Alimtiaz Investment Group Co KSC'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.

Alimtiaz Investment Group Co KSC Return-on-Tangible-Equity Chart

Alimtiaz Investment Group Co KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.06 -15.03 1.22 -3.57 -8.99

Alimtiaz Investment Group Co KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.08 4.72 -11.05 -30.09 -4.72

Competitive Comparison of Alimtiaz Investment Group Co KSC's Return-on-Tangible-Equity

For the Asset Management subindustry, Alimtiaz Investment Group Co KSC'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.


Alimtiaz Investment Group Co KSC's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alimtiaz Investment Group Co KSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Alimtiaz Investment Group Co KSC's Return-on-Tangible-Equity falls into.



Alimtiaz Investment Group Co KSC Return-on-Tangible-Equity Calculation

Alimtiaz Investment Group Co KSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-9.836/( (117.917+100.841 )/ 2 )
=-9.836/109.379
=-8.99 %

Alimtiaz Investment Group Co KSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-4.716/( (100.841+99.014)/ 2 )
=-4.716/99.9275
=-4.72 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Alimtiaz Investment Group Co KSC  (KUW:ALIMTIAZ) 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.


Alimtiaz Investment Group Co KSC Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Alimtiaz Investment Group Co KSC's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Alimtiaz Investment Group Co KSC (KUW:ALIMTIAZ) Business Description

Traded in Other Exchanges
N/A
Address
Sharq, Khaled Bin Al Waleed Street, Al Dhow Tower, P.O. Box: 29050, Kuwait, KWT, 13151
Alimtiaz Investment Group Co KSC is an investment company. The company manages a diversified portfolio of investments primarily in operating assets consisting of six main businesses namely Real Estate, Pharmaceuticals, Education, IT and technology services, and Food and Beverages in various geographic locations. The company operates its business in various segments including Investment Properties, Financial Investments, Healthcare, Education, Oil and construction, IT(Information Technology) solutions and fintech, Food sales, and Others.

Alimtiaz Investment Group Co KSC (KUW:ALIMTIAZ) Headlines

No Headlines