Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Return-on-Tangible-Equity: 10.87% (As of Mar. 2026) — 22% Below Median


MUS:SSPW Sembcorp Salalah Power & Water Company SAOG MUS:SSPW
62 GF Score
Price ر.ع0.26
GF Value ر.ع0.11
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Sembcorplalah Power & Water CompanyOG Return-on-Tangible-Equity?

Sembcorplalah Power & Water CompanyOG MUS:SSPW -0.77% 62 Return-on-Tangible-Equity is 10.87% as of Mar. 2026, which is 22% below its 10-year median of 13.86. GuruFocus rates MUS:SSPW with a GF Score™ of 62/100 and a GF Value™ of ر.ع0.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, Sembcorplalah Power & Water CompanyOG ranks better than 73.3% 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. Sembcorplalah Power & Water CompanyOG's annualized net income for the quarter that ended in Mar. 2026 was ر.ع20.81 Mil. Sembcorplalah Power & Water CompanyOG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ر.ع191.49 Mil. Therefore, Sembcorplalah Power & Water CompanyOG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.87%.

The historical rank and industry rank for Sembcorplalah Power & Water CompanyOG's Return-on-Tangible-Equity or its related term are showing as below:

MUS:SSPW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.14   Med: 13.86   Max: 17.4
Current: 12.58

During the past 13 years, Sembcorplalah Power & Water CompanyOG's highest Return-on-Tangible-Equity was 17.40%. The lowest was 12.14%. And the median was 13.86%.

MUS:SSPW's Return-on-Tangible-Equity is ranked better than
73.3% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68 vs MUS:SSPW: 12.58

Sembcorplalah Power & Water CompanyOG  (MUS:SSPW) 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.


Sembcorplalah Power & Water CompanyOG Return-on-Tangible-Equity Related Terms


Sembcorplalah Power & Water CompanyOG Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sembcorplalah Power & Water CompanyOG'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.

Sembcorplalah Power & Water CompanyOG Return-on-Tangible-Equity Chart

Sembcorplalah Power & Water CompanyOG 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 15.49 14.28 13.29 13.44 12.86

Sembcorplalah Power & Water CompanyOG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.25 14.44 11.86 13.16 10.87

MUS:SSPW vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison

For the Utilities - Independent Power Producers subindustry, Sembcorplalah Power & Water CompanyOG'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.


Sembcorplalah Power & Water CompanyOG Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sembcorplalah Power & Water CompanyOG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sembcorplalah Power & Water CompanyOG's Return-on-Tangible-Equity falls into.


MUS:SSPW
62GF Score
Sembcorp Salalah Power & Water Company SAOG MUS:SSPW
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sembcorplalah Power & Water CompanyOG Return-on-Tangible-Equity Calculation

Sembcorplalah Power & Water CompanyOG'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 )
=23.293/( (173.342+188.882 )/ 2 )
=23.293/181.112
=12.86 %

Sembcorplalah Power & Water CompanyOG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=20.812/( (188.882+194.1)/ 2 )
=20.812/191.491
=10.87 %

* 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. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 10.87% mean?
Sembcorplalah Power & Water CompanyOG (MUS:SSPW) has a Return-on-Tangible-Equity of 10.87% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sembcorplalah Power & Water CompanyOG and its competitors. This is 22% below median its historical median of 13.86. Over the past decade, Sembcorplalah Power & Water CompanyOG's Return-on-Tangible-Equity has ranged from 12.14 to 17.40. According to the industry distribution chart, Sembcorplalah Power & Water CompanyOG ranks #114 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.7%.
Is Sembcorplalah Power & Water CompanyOG's Return-on-Tangible-Equity too high?
Sembcorplalah Power & Water CompanyOG's current Return-on-Tangible-Equity of 10.87% is 22% below median its 10-year median of 13.86. Over the past 10 years, this metric has ranged from a low of 12.14 to a high of 17.40. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. Sembcorplalah Power & Water CompanyOG's value of 10.87% is 132.3% above this industry median. Based on the distribution chart, Sembcorplalah Power & Water CompanyOG ranks #114 out of 427 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Sembcorplalah Power & Water CompanyOG has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sembcorplalah Power & Water CompanyOG's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Sembcorplalah Power & Water CompanyOG ranks #114 out of 427 companies for Return-on-Tangible-Equity. This puts Sembcorplalah Power & Water CompanyOG in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.68. Sembcorplalah Power & Water CompanyOG's value of 10.87% is 132.3% above this benchmark. Historically, Sembcorplalah Power & Water CompanyOG's own Return-on-Tangible-Equity has ranged from 12.14 to 17.40 over the past decade. While the company's 10-year median is 13.86 vs. the industry median of 4.68, Sembcorplalah Power & Water CompanyOG 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. Sembcorplalah Power & Water CompanyOG's current Return-on-Tangible-Equity of 10.87% is 132.3% 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 Sembcorplalah Power & Water CompanyOG 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. Sembcorplalah Power & Water CompanyOG's current Return-on-Tangible-Equity is 10.87%, which is 22% below median its own 10-year median of 13.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sembcorplalah Power & Water CompanyOG stock overvalued right now?
Based on GuruFocus' analysis, Sembcorplalah Power & Water CompanyOG (MUS:SSPW) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.11, compared to a current price of ر.ع0.26 — trading 134.5% above its estimated fair value. The current Return-on-Tangible-Equity is 10.87%, which is 22% below median its 10-year median of 13.86 and 132.3% above the Utilities - Independent Power Producers industry median of 4.68. Sembcorplalah Power & Water CompanyOG's overall GF Score™ is 62/100 with 7 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 Sembcorplalah Power & Water CompanyOG (MUS:SSPW), the current Return-on-Tangible-Equity is 10.87% as of Mar. 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 Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Overvalued in 2026?

Based on GuruFocus' analysis, Sembcorplalah Power & Water CompanyOG stock appears to be overvalued. The current stock price of ر.ع0.26 is trading 134.5% above its estimated GF Value™ of ر.ع0.11. GuruFocus considers Sembcorplalah Power & Water CompanyOG to be Significantly Overvalued.

Key valuation signals for MUS:SSPW:

  • Return-on-Tangible-Equity: 10.87% (22% below median its 10-year median of 13.86)
  • GF Value™: ر.ع0.11 vs. price of ر.ع0.26 (134.5% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 132.3% above the Utilities - Independent Power Producers median (#114 of 427)

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


Sembcorplalah Power & Water CompanyOG Business Description

Address PO Box 1466, Salalah, OMN, 211
Sembcorp Salalah Power & Water Company SAOG develops, owns, and operates an electricity generation and seawater desalination plant located between the towns of Taqah and Mirbat. The plant meets the growing power and water demands of the region over the short, medium, and long term. The company generates its revenues from PWPA with Oman Power & Water Procurement Company. Under the terms of the PWPA, the plant's contracted power and water capacity are sold exclusively to OPWP on a long-term take-or-pay basis.
62GF Score

Get the complete analysis for MUS:SSPW

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

ر.ع0.26
Price
ر.ع0.11
GF Value