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SMN Power HoldingOGMUS:SMNP 46 Return-on-Tangible-Equity is 8.61% as of Dec. 2024, which is 75% below its 10-year median of 35.09. GuruFocus rates MUS:SMNP with a GF Score™ of 46/100 and a GF Value™ of ر.ع0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, SMN Power HoldingOG ranks better than 61.83% 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. SMN Power HoldingOG's annualized net income for the quarter that ended in Dec. 2024 was ر.ع4.57 Mil. SMN Power HoldingOG's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ر.ع52.99 Mil. Therefore, SMN Power HoldingOG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 8.61%.
The historical rank and industry rank for SMN Power HoldingOG's Return-on-Tangible-Equity or its related term are showing as below:
MUS:SMNP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -45.82 Med: 35.09 Max: 26529.41
Current: 8.61
During the past 13 years, SMN Power HoldingOG's highest Return-on-Tangible-Equity was 26,529.41%. The lowest was -45.82%. And the median was 35.09%.
MUS:SMNP's Return-on-Tangible-Equity is ranked better than 61.83% of 427
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68
vs MUS:SMNP: 8.61
SMN Power HoldingOG (MUS:SMNP) 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.
SMN Power HoldingOG Return-on-Tangible-Equity Related Terms
SMN Power HoldingOG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SMN Power HoldingOG'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.
SMN Power HoldingOG Return-on-Tangible-Equity Chart
MUS:SMNP vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, SMN Power HoldingOG'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.
SMN Power HoldingOG Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SMN Power HoldingOG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SMN Power HoldingOG'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 one times the annual (Dec. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.61% mean?
SMN Power HoldingOG (MUS:SMNP) has a Return-on-Tangible-Equity of 8.61% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SMN Power HoldingOG and its competitors. This is 75% below median its historical median of 35.09. According to the industry distribution chart, SMN Power HoldingOG ranks #163 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.2%.
Is SMN Power HoldingOG's Return-on-Tangible-Equity too high?
SMN Power HoldingOG's current Return-on-Tangible-Equity of 8.61% is 75% below median its 10-year median of 35.09. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. SMN Power HoldingOG's value of 8.61% is 84% above this industry median. Based on the distribution chart, SMN Power HoldingOG ranks #163 out of 427 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, SMN Power HoldingOG has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMN Power HoldingOG's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, SMN Power HoldingOG ranks #163 out of 427 companies for Return-on-Tangible-Equity. This puts SMN Power HoldingOG in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.68. SMN Power HoldingOG's value of 8.61% is 84% above this benchmark. While the company's 10-year median is 35.09 vs. the industry median of 4.68, SMN Power HoldingOG 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 4.68, based on 427 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. SMN Power HoldingOG's current Return-on-Tangible-Equity of 8.61% is 84% 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 SMN Power HoldingOG and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMN Power HoldingOG's current Return-on-Tangible-Equity is 8.61%, which is 75% below median its own 10-year median of 35.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMN Power HoldingOG stock overvalued right now?
Based on GuruFocus' analysis, SMN Power HoldingOG (MUS:SMNP) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.10, compared to a current price of ر.ع0.20 — trading 97% above its estimated fair value. The current Return-on-Tangible-Equity is 8.61%, which is 75% below median its 10-year median of 35.09 and 84% above the Utilities - Independent Power Producers industry median of 4.68. SMN Power HoldingOG's overall GF Score™ is 46/100 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 SMN Power HoldingOG (MUS:SMNP), the current Return-on-Tangible-Equity is 8.61% as of Dec. 2024. 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 SMN Power HoldingOG (MUS:SMNP) Overvalued in 2026?
Based on GuruFocus' analysis, SMN Power HoldingOG stock appears to be overvalued.
The current stock price of ر.ع0.20 is trading 97% above its estimated GF Value™ of ر.ع0.10.
GuruFocus considers SMN Power HoldingOG to be Significantly Overvalued.
Key valuation signals for MUS:SMNP:
Return-on-Tangible-Equity: 8.61% (75% below median its 10-year median of 35.09)
GF Value™: ر.ع0.10 vs. price of ر.ع0.20 (97% above fair value)
Industry Position: 84% above the Utilities - Independent Power Producers median (#163 of 427)
No single metric tells the full story. See the MUS:SMNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SMN Power Holding SAOG is a company based in the Sultanate of Oman. Along with its subsidiaries, the company is engaged in the power generation and water desalination business. The company also invests its funds in shares, bonds, and securities, and owns and leases patents, trademarks, concessions, and other incorporeal rights to its subsidiaries and other companies.
46GF Score
Get the complete analysis for MUS:SMNP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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