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Musandam Power CoOGMUS:MSPW 49 Return-on-Tangible-Equity is 57.07% as of Jun. 2026, which is 143% above its 10-year median of 23.52. GuruFocus rates MUS:MSPW with a GF Score™ of 49/100 and a GF Value™ of ر.ع0.31 (Fairly Valued). The stock has 10 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, Musandam Power CoOG ranks better than 81.34% 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. Musandam Power CoOG's annualized net income for the quarter that ended in Jun. 2026 was ر.ع6.72 Mil. Musandam Power CoOG's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ر.ع11.77 Mil. Therefore, Musandam Power CoOG's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 57.07%.
The historical rank and industry rank for Musandam Power CoOG's Return-on-Tangible-Equity or its related term are showing as below:
MUS:MSPW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.64 Med: 23.52 Max: 32.99
Current: 18.3
During the past 8 years, Musandam Power CoOG's highest Return-on-Tangible-Equity was 32.99%. The lowest was 16.64%. And the median was 23.52%.
MUS:MSPW's Return-on-Tangible-Equity is ranked better than 81.34% of 434
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.77
vs MUS:MSPW: 18.30
Musandam Power CoOG (MUS:MSPW) 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.
Musandam Power CoOG Return-on-Tangible-Equity Related Terms
Musandam Power CoOG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Musandam Power 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.
Musandam Power CoOG Return-on-Tangible-Equity Chart
MUS:MSPW vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Musandam Power 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.
Musandam Power CoOG Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Musandam Power CoOG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Musandam Power 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 57.07% mean?
Musandam Power CoOG (MUS:MSPW) has a Return-on-Tangible-Equity of 57.07% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Musandam Power CoOG and its competitors. This is 143% above median its historical median of 23.52. Over the past decade, Musandam Power CoOG's Return-on-Tangible-Equity has ranged from 16.64 to 32.99. According to the industry distribution chart, Musandam Power CoOG ranks #81 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.7%.
Is Musandam Power CoOG's Return-on-Tangible-Equity too high?
Musandam Power CoOG's current Return-on-Tangible-Equity of 57.07% is 143% above median its 10-year median of 23.52. Over the past 10 years, this metric has ranged from a low of 16.64 to a high of 32.99. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.77. Musandam Power CoOG's value of 57.07% is 1096.4% above this industry median. Based on the distribution chart, Musandam Power CoOG ranks #81 out of 434 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Musandam Power CoOG has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Musandam Power CoOG's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Musandam Power CoOG ranks #81 out of 434 companies for Return-on-Tangible-Equity. This places Musandam Power CoOG in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.77. Musandam Power CoOG's value of 57.07% is 1096.4% above this benchmark. Historically, Musandam Power CoOG's own Return-on-Tangible-Equity has ranged from 16.64 to 32.99 over the past decade. While the company's 10-year median is 23.52 vs. the industry median of 4.77, Musandam Power 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.77, based on 434 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. Musandam Power CoOG's current Return-on-Tangible-Equity of 57.07% is 1096.4% 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 Musandam Power CoOG and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musandam Power CoOG's current Return-on-Tangible-Equity is 57.07%, which is 143% above median its own 10-year median of 23.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musandam Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Musandam Power CoOG (MUS:MSPW) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.31, compared to a current price of ر.ع0.34 — trading 9.7% above its estimated fair value. The current Return-on-Tangible-Equity is 57.07%, which is 143% above median its 10-year median of 23.52 and 1096.4% above the Utilities - Independent Power Producers industry median of 4.77. Musandam Power CoOG's overall GF Score™ is 49/100 with 10 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 Musandam Power CoOG (MUS:MSPW), the current Return-on-Tangible-Equity is 57.07% as of Jun. 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 Musandam Power CoOG (MUS:MSPW) Overvalued in 2026?
Based on GuruFocus' analysis, Musandam Power CoOG stock appears to be overvalued.
The current stock price of ر.ع0.34 is trading 9.7% above its estimated GF Value™ of ر.ع0.31.
GuruFocus considers Musandam Power CoOG to be Fairly Valued.
Key valuation signals for MUS:MSPW:
Return-on-Tangible-Equity: 57.07% (143% above median its 10-year median of 23.52)
GF Value™: ر.ع0.31 vs. price of ر.ع0.34 (9.7% above fair value)
Industry Position: 1096.4% above the Utilities - Independent Power Producers median (#81 of 434)
No single metric tells the full story. See the MUS:MSPW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Musandam Power Co SAOG is the owner of an independent power plant in the Musandam region of the Sultanate of Oman. It is the owner of the first independent power plant in the Musandam region. With a contracted power capacity of 120.7 MW, the company caters to the current and near-term demand of the region and is a proud contributor to its development aspirations. The Company is selling the electrical energy generated to Oman Power and Water Procurement Company SAOC.
49GF Score
Get the complete analysis for MUS:MSPW
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