Al Jazeera Steel Products CoOG (MUS:ATMI) Return-on-Tangible-Equity: 16.62% (As of Dec. 2025) — 73% Above Median

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MUS:ATMI Al Jazeera Steel Products Co SAOG MUS:ATMI
73 GF Score
Price ر.ع0.83
GF Value ر.ع0.31
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Al Jazeera Steel Products CoOG Return-on-Tangible-Equity?

Al Jazeera Steel Products CoOG MUS:ATMI -0.60% 73 Return-on-Tangible-Equity is 16.62% as of Dec. 2025, which is 73% above its 10-year median of 9.63. GuruFocus rates MUS:ATMI with a GF Score™ of 73/100 and a GF Value™ of ر.ع0.31 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 615 Steel companies, Al Jazeera Steel Products CoOG ranks better than 88.78% 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. Al Jazeera Steel Products CoOG's annualized net income for the quarter that ended in Dec. 2025 was ر.ع9.8 Mil. Al Jazeera Steel Products CoOG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ر.ع58.8 Mil. Therefore, Al Jazeera Steel Products CoOG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.62%.

The historical rank and industry rank for Al Jazeera Steel Products CoOG's Return-on-Tangible-Equity or its related term are showing as below:

MUS:ATMI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.72   Med: 9.63   Max: 19.42
Current: 16.62

During the past 13 years, Al Jazeera Steel Products CoOG's highest Return-on-Tangible-Equity was 19.42%. The lowest was 0.72%. And the median was 9.63%.

MUS:ATMI's Return-on-Tangible-Equity is ranked better than
88.78% of 615 companies
in the Steel industry
Industry Median: 4.1 vs MUS:ATMI: 16.62

Al Jazeera Steel Products CoOG  (MUS:ATMI) 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 Jazeera Steel Products CoOG Return-on-Tangible-Equity Related Terms


Al Jazeera Steel Products CoOG Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Al Jazeera Steel Products 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 Jazeera Steel Products CoOG Return-on-Tangible-Equity Chart

Al Jazeera Steel Products CoOG 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 19.42 6.32 8.16 13.19 16.62

Al Jazeera Steel Products CoOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 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 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 19.42 6.32 8.16 13.19 16.62

MUS:ATMI vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison

For the Steel subindustry, Al Jazeera Steel Products 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 Jazeera Steel Products CoOG Return-on-Tangible-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Al Jazeera Steel Products CoOG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Al Jazeera Steel Products CoOG's Return-on-Tangible-Equity falls into.


MUS:ATMI
73GF Score
Al Jazeera Steel Products Co SAOG MUS:ATMI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Jazeera Steel Products CoOG Return-on-Tangible-Equity Calculation

Al Jazeera Steel Products CoOG'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 )
=9.773/( (56.458+61.181 )/ 2 )
=9.773/58.8195
=16.62 %

Al Jazeera Steel Products CoOG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=9.773/( (56.458+61.181)/ 2 )
=9.773/58.8195
=16.62 %

* 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 one times the annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 16.62% mean?
Al Jazeera Steel Products CoOG (MUS:ATMI) has a Return-on-Tangible-Equity of 16.62% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Al Jazeera Steel Products CoOG and its competitors. This is 73% above median its historical median of 9.63. Over the past decade, Al Jazeera Steel Products CoOG's Return-on-Tangible-Equity has ranged from 0.72 to 19.42. According to the industry distribution chart, Al Jazeera Steel Products CoOG ranks #69 out of 615 companies in the Steel industry, placing it in the top 11.2%.
Is Al Jazeera Steel Products CoOG's Return-on-Tangible-Equity too high?
Al Jazeera Steel Products CoOG's current Return-on-Tangible-Equity of 16.62% is 73% above median its 10-year median of 9.63. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 19.42. The Steel industry median Return-on-Tangible-Equity is 4.10. Al Jazeera Steel Products CoOG's value of 16.62% is 305.4% above this industry median. Based on the distribution chart, Al Jazeera Steel Products CoOG ranks #69 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Al Jazeera Steel Products CoOG has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Jazeera Steel Products CoOG's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Al Jazeera Steel Products CoOG ranks #69 out of 615 companies for Return-on-Tangible-Equity. This places Al Jazeera Steel Products CoOG in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.10. Al Jazeera Steel Products CoOG's value of 16.62% is 305.4% above this benchmark. Historically, Al Jazeera Steel Products CoOG's own Return-on-Tangible-Equity has ranged from 0.72 to 19.42 over the past decade. While the company's 10-year median is 9.63 vs. the industry median of 4.10, Al Jazeera Steel Products CoOG 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.10, based on 615 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. Al Jazeera Steel Products CoOG's current Return-on-Tangible-Equity of 16.62% is 305.4% 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 Al Jazeera Steel Products CoOG and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Jazeera Steel Products CoOG's current Return-on-Tangible-Equity is 16.62%, which is 73% above median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Jazeera Steel Products CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Jazeera Steel Products CoOG (MUS:ATMI) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.31, compared to a current price of ر.ع0.83 — trading 166.1% above its estimated fair value. The current Return-on-Tangible-Equity is 16.62%, which is 73% above median its 10-year median of 9.63 and 305.4% above the Steel industry median of 4.10. Al Jazeera Steel Products CoOG's overall GF Score™ is 73/100 with 5 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 Al Jazeera Steel Products CoOG (MUS:ATMI), the current Return-on-Tangible-Equity is 16.62% as of Dec. 2025. 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 Al Jazeera Steel Products CoOG (MUS:ATMI) Overvalued in 2026?

Based on GuruFocus' analysis, Al Jazeera Steel Products CoOG stock appears to be overvalued. The current stock price of ر.ع0.83 is trading 166.1% above its estimated GF Value™ of ر.ع0.31. GuruFocus considers Al Jazeera Steel Products CoOG to be Significantly Overvalued.

Key valuation signals for MUS:ATMI:

  • Return-on-Tangible-Equity: 16.62% (73% above median its 10-year median of 9.63)
  • GF Value™: ر.ع0.31 vs. price of ر.ع0.83 (166.1% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 305.4% above the Steel median (#69 of 615)

No single metric tells the full story. See the MUS:ATMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al Jazeera Steel Products CoOG Business Description

Address Suhar Industrial Estate, P.O. Box 40, Suhar, OMN, 327
Al Jazeera Steel Products Co SAOG is a steel manufacturing firm. It manufactures and sells steel tubes, pipes, and structural products, including associated work. It deals in products such as black pipes, galvanized pipes, hollow sections, rebars, CTL sheets, and merchant bars, among others. Geographically, the company generates the majority of its revenue from its regional market, with the remainder coming from international markets.
73GF Score

Get the complete analysis for MUS:ATMI

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.83
Price
ر.ع0.31
GF Value