Oman Cement (MUS:OCOI) Return-on-Tangible-Equity: 3.95% (As of Sep. 2022)

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MUS:OCOI Oman Cement MUS:OCOI
39 GF Score
Price ر.ع0.59
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What is Oman Cement Return-on-Tangible-Equity?

Oman Cement MUS:OCOI -0.51% 39 Return-on-Tangible-Equity is 3.95% as of Sep. 2022. GuruFocus rates MUS:OCOI with a GF Score™ of 39/100.

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. Oman Cement's annualized net income for the quarter that ended in Sep. 2022 was ر.ع5.86 Mil. Oman Cement's average shareholder tangible equity for the quarter that ended in Sep. 2022 was ر.ع148.54 Mil. Therefore, Oman Cement's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 3.95%.

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

MUS:OCOI's Return-on-Tangible-Equity is not ranked *
in the Building Materials industry.
Industry Median: 5.06
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Oman Cement  (MUS:OCOI) 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.


Oman Cement Return-on-Tangible-Equity Related Terms


Oman Cement Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Oman Cement'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.

Oman Cement Return-on-Tangible-Equity Chart

Oman Cement Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 4.62 2.64 3.51 3.02

Oman Cement Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 2.20 4.51 2.45 6.20 3.95

Oman Cement Return-on-Tangible-Equity Competitor Comparison

For the Building Materials subindustry, Oman Cement'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.


Oman Cement Return-on-Tangible-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Oman Cement's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Oman Cement's Return-on-Tangible-Equity falls into.


MUS:OCOI
39GF Score
Oman Cement MUS:OCOI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Cement Return-on-Tangible-Equity Calculation

Oman Cement's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=4.447/( (146.883+147.962 )/ 2 )
=4.447/147.4225
=3.02 %

Oman Cement's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=5.86/( (147.805+149.275)/ 2 )
=5.86/148.54
=3.95 %

* 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 (Sep. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 3.95% mean?
Oman Cement (MUS:OCOI) has a Return-on-Tangible-Equity of 3.95% as of Sep. 2022. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Oman Cement and its competitors.
Is Oman Cement's Return-on-Tangible-Equity too high?
Oman Cement's current Return-on-Tangible-Equity is 3.95%. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Oman Cement's value of 3.95% is 21.9% below this industry median. Overall, Oman Cement has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Oman Cement's Return-on-Tangible-Equity compare to competitors?
Oman Cement's Return-on-Tangible-Equity of 3.95% can be compared against companies in the Building Materials industry. The industry median Return-on-Tangible-Equity is 5.06. Oman Cement's value of 3.95% is 21.9% below this benchmark. 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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. Oman Cement's current Return-on-Tangible-Equity of 3.95% is 21.9% below 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 Oman Cement and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Cement's current Return-on-Tangible-Equity is 3.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Cement stock overvalued right now?
Oman Cement (MUS:OCOI) has a current Return-on-Tangible-Equity of 3.95%. The current Return-on-Tangible-Equity is 3.95% and 21.9% below the Building Materials industry median of 5.06. Oman Cement's overall GF Score™ is 39/100. 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 Oman Cement (MUS:OCOI), the current Return-on-Tangible-Equity is 3.95% as of Sep. 2022. 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.

Oman Cement Business Description

Address P.O. Box 560, Ruwi, OMN, 112
Oman Cement Co SAOG is an Oman based company engaged in the manufacture and sale of cement and related products. Its product portfolio covers products such as Sulphate resistant Cement, Ordinary portland cement, Moderate sulphate resistant cement and Oil well cement. The company mainly operates in the geographical segment of the Sultanate of Oman and other GCC countries and generates primarily revenue through the sales of cement and its related products.
39GF Score

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

ر.ع0.59
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