The Securities House KSC (KUW:SECH) Return-on-Tangible-Equity: 10.03% (As of Mar. 2026) — 855% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is The Securities House KSC Return-on-Tangible-Equity?

The Securities House KSC KUW:SECH -0.48% Return-on-Tangible-Equity is 10.03% as of Mar. 2026, which is 855% above its 10-year median of 1.05. The stock has 7 warning signs investors should review. Among 1,590 Asset Management companies, The Securities House KSC ranks worse than 77.8% 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. The Securities House KSC's annualized net income for the quarter that ended in Mar. 2026 was KWD3.51 Mil. The Securities House KSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was KWD35.01 Mil. Therefore, The Securities House KSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.03%.

The historical rank and industry rank for The Securities House KSC's Return-on-Tangible-Equity or its related term are showing as below:

KUW:SECH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.23   Med: 1.05   Max: 10.39
Current: -0.5

During the past 13 years, The Securities House KSC's highest Return-on-Tangible-Equity was 10.39%. The lowest was -22.23%. And the median was 1.05%.

KUW:SECH's Return-on-Tangible-Equity is ranked worse than
77.8% of 1590 companies
in the Asset Management industry
Industry Median: 7.505 vs KUW:SECH: -0.50

The Securities House KSC  (KUW:SECH) 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.


The Securities House KSC Return-on-Tangible-Equity Related Terms


The Securities House KSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for The Securities House 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.

The Securities House KSC Return-on-Tangible-Equity Chart

The Securities House KSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.39 6.38 1.60 4.21 -3.57

The Securities House KSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.01 -2.73 -3.02 -5.95 10.03

KUW:SECH vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, The Securities House 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.


The Securities House KSC Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, The Securities House KSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where The Securities House KSC's Return-on-Tangible-Equity falls into.



The Securities House KSC Return-on-Tangible-Equity Calculation

The Securities House KSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-1.244/( (35.981+33.65 )/ 2 )
=-1.244/34.8155
=-3.57 %

The Securities House KSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3.512/( (33.65+36.36)/ 2 )
=3.512/35.005
=10.03 %

* 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 10.03% mean?
The Securities House KSC (KUW:SECH) has a Return-on-Tangible-Equity of 10.03% 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 The Securities House KSC and its competitors. This is 855% above median its historical median of 1.05. According to the industry distribution chart, The Securities House KSC ranks #1237 out of 1590 companies in the Asset Management industry, placing it in the top 77.8%.
Is The Securities House KSC's Return-on-Tangible-Equity too high?
The Securities House KSC's current Return-on-Tangible-Equity of 10.03% is 855% above median its 10-year median of 1.05. The Asset Management industry median Return-on-Tangible-Equity is 7.51. The Securities House KSC's value of 10.03% is 33.6% above this industry median. Based on the distribution chart, The Securities House KSC ranks #1237 out of 1590 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does The Securities House KSC's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, The Securities House KSC ranks #1237 out of 1590 companies for Return-on-Tangible-Equity. This places The Securities House KSC in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.51. The Securities House KSC's value of 10.03% is 33.6% above this benchmark. While the company's 10-year median is 1.05 vs. the industry median of 7.51, The Securities House KSC 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.51, based on 1,590 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. The Securities House KSC's current Return-on-Tangible-Equity of 10.03% is 33.6% 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 The Securities House KSC and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Securities House KSC's current Return-on-Tangible-Equity is 10.03%, which is 855% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Securities House KSC stock overvalued right now?
Based on GuruFocus' analysis, The Securities House KSC (KUW:SECH) is currently considered Possible Value Trap. The stock's GF Value™ is KWD0.12, compared to a current price of KWD0.08 — trading 30.8% below its estimated fair value. The current Return-on-Tangible-Equity is 10.03%, which is 855% above median its 10-year median of 1.05 and 33.6% above the Asset Management industry median of 7.51. 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 The Securities House KSC (KUW:SECH), the current Return-on-Tangible-Equity is 10.03% 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.

The Securities House KSC Business Description

Address Khalid Ibn Al-Waleed Street, P.O.Box 26972, 18th Floor, Al-Dhow Tower, Sharq, Safat, KWT, 13130
The Securities House KSC is an investment company. The services of the company include dealing and brokerage in securities, Equity portfolio management, Private equity investments, International real estate development investments, International yeilding real estate investments, and others. The segments of the company include Proprietary investment management; Asset management, advisory, and brokerage services; and commercial activities.