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.
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. Al Fajar AL Alamia CoOG's annualized net income for the quarter that ended in Mar. 2019 was ر.ع1.92 Mil. Al Fajar AL Alamia CoOG's average shareholder tangible equity for the quarter that ended in Mar. 2019 was ر.ع3.70 Mil. Therefore, Al Fajar AL Alamia CoOG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2019 was 51.80%.
The historical rank and industry rank for Al Fajar AL Alamia CoOG's Return-on-Tangible-Equity or its related term are showing as below:
MUS:AFAI's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.41 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Al Fajar AL Alamia CoOG (MUS:AFAI) 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.
Al Fajar AL Alamia CoOG Return-on-Tangible-Equity Related Terms
Al Fajar AL Alamia CoOG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Al Fajar AL Alamia CoOG'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.
Al Fajar AL Alamia CoOG Return-on-Tangible-Equity Chart
MUS:AFAI vs SND: Return-on-Tangible-Equity Comparison
For the Other Industrial Metals & Mining subindustry, Al Fajar AL Alamia CoOG'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.
Al Fajar AL Alamia CoOG Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Al Fajar AL Alamia CoOG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Al Fajar AL Alamia CoOG'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. 2019) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 51.80% mean?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a Return-on-Tangible-Equity of 51.80% as of Mar. 2019. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Al Fajar AL Alamia CoOG and its competitors.
Is Al Fajar AL Alamia CoOG's Return-on-Tangible-Equity too high?
Al Fajar AL Alamia CoOG's current Return-on-Tangible-Equity is 51.80%.
How does Al Fajar AL Alamia CoOG's Return-on-Tangible-Equity compare to SND?
Al Fajar AL Alamia CoOG's Return-on-Tangible-Equity of 51.80% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Al Fajar AL Alamia CoOG and its competitors. Al Fajar AL Alamia CoOG's current Return-on-Tangible-Equity is 51.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Fajar AL Alamia CoOG stock overvalued right now?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a current Return-on-Tangible-Equity of 51.80%. The current Return-on-Tangible-Equity is 51.80%. 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 Al Fajar AL Alamia CoOG (MUS:AFAI), the current Return-on-Tangible-Equity is 51.80% as of Mar. 2019. 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.
AddressGhala Industrial Estate, Block No: 260, Plot no: 969, Complex no: 260, Street no: 6037, Building no: 2822, City Center Al Qurum, Muscat, OMN, 102
Al Fajar AL Alamia Co SAOG along with its subsidiaries engages in the manufacture and sale of industrial grade explosives. The company primarily manufactures, packages and stores ammonium nitrate, fuel oil (ANFO) and emulsion explosives. ANFO explosives are priced lower than emulsion high explosives and are used in larger quantities. It also provide service of import and storage of initiating systems and drilling accessories. The group operates in two segments:Explosives manufacturing and trading segment includes manufacture and sale of explosives. The Drilling and blasting segment engages in the business of providing drilling and blasting services. It provide services to roads, pipelines, dams, tunnels, undersea blasting for ports, mining and quarrying companies.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:AFAI has been successfully added to your 
