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Saudi Steel Pipe CoSAU:1320 -0.24%84 Return-on-Tangible-Equity is 23.96% as of Mar. 2026, which is 1587% above its 10-year median of 1.42. GuruFocus rates SAU:1320 with a GF Score™ of 84/100 and a GF Value™ of ﷼51.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 615 Steel companies, Saudi Steel Pipe Co ranks better than 92.85% 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. Saudi Steel Pipe Co's annualized net income for the quarter that ended in Mar. 2026 was ﷼209 Mil. Saudi Steel Pipe Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ﷼874 Mil. Therefore, Saudi Steel Pipe Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.96%.
The historical rank and industry rank for Saudi Steel Pipe Co's Return-on-Tangible-Equity or its related term are showing as below:
SAU:1320'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.2 Med: 1.42 Max: 27.21
Current: 22.85
During the past 13 years, Saudi Steel Pipe Co's highest Return-on-Tangible-Equity was 27.21%. The lowest was -26.20%. And the median was 1.42%.
SAU:1320's Return-on-Tangible-Equity is ranked better than 92.85% of 615
companies
in the Steel industry
Industry Median: 4.1
vs SAU:1320: 22.85
Saudi Steel Pipe Co (SAU:1320) 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.
Saudi Steel Pipe Co Return-on-Tangible-Equity Related Terms
Saudi Steel Pipe Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Saudi Steel Pipe Co'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.
Saudi Steel Pipe Co Return-on-Tangible-Equity Chart
SAU:1320 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Saudi Steel Pipe Co'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.
Saudi Steel Pipe Co Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Saudi Steel Pipe Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Saudi Steel Pipe Co'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 (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 23.96% mean?
Saudi Steel Pipe Co (SAU:1320) has a Return-on-Tangible-Equity of 23.96% 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 Saudi Steel Pipe Co and its competitors. This is 1587% above median its historical median of 1.42. According to the industry distribution chart, Saudi Steel Pipe Co ranks #44 out of 615 companies in the Steel industry, placing it in the top 7.2%.
Is Saudi Steel Pipe Co's Return-on-Tangible-Equity too high?
Saudi Steel Pipe Co's current Return-on-Tangible-Equity of 23.96% is 1587% above median its 10-year median of 1.42. The Steel industry median Return-on-Tangible-Equity is 4.10. Saudi Steel Pipe Co's value of 23.96% is 484.4% above this industry median. Based on the distribution chart, Saudi Steel Pipe Co ranks #44 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Saudi Steel Pipe Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Steel Pipe Co's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Saudi Steel Pipe Co ranks #44 out of 615 companies for Return-on-Tangible-Equity. This places Saudi Steel Pipe Co in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.10. Saudi Steel Pipe Co's value of 23.96% is 484.4% above this benchmark. While the company's 10-year median is 1.42 vs. the industry median of 4.10, Saudi Steel Pipe Co 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. Saudi Steel Pipe Co's current Return-on-Tangible-Equity of 23.96% is 484.4% 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 Saudi Steel Pipe Co 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. Saudi Steel Pipe Co's current Return-on-Tangible-Equity is 23.96%, which is 1587% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Steel Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Steel Pipe Co (SAU:1320) is currently considered Fairly Valued. The stock's GF Value™ is ﷼51.65, compared to a current price of ﷼49.02 — trading 5.1% below its estimated fair value. The current Return-on-Tangible-Equity is 23.96%, which is 1587% above median its 10-year median of 1.42 and 484.4% above the Steel industry median of 4.10. Saudi Steel Pipe Co's overall GF Score™ is 84/100 with 4 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 Saudi Steel Pipe Co (SAU:1320), the current Return-on-Tangible-Equity is 23.96% 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 Saudi Steel Pipe Co (SAU:1320) Overvalued in 2026?
Based on GuruFocus' analysis, Saudi Steel Pipe Co stock appears to be undervalued.
The current stock price of ﷼49.02 is trading 5.1% below its estimated GF Value™ of ﷼51.65.
GuruFocus considers Saudi Steel Pipe Co to be Fairly Valued.
Key valuation signals for SAU:1320:
Return-on-Tangible-Equity: 23.96% (1587% above median its 10-year median of 1.42)
GF Value™: ﷼51.65 vs. price of ﷼49.02 (5.1% below fair value)
Industry Position: 484.4% above the Steel median (#44 of 615)
No single metric tells the full story. See the SAU:1320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. The group operates in single segment, being the Steel pipes segment which provides galvanized and non-galvanized steel pipes, square and rectangular pipes used in petroleum, gas, water, and construction sectors. The company has a market presence in two segments namely Saudi Arabia and Other countries with the majority of the revenue generated from Saudi Arabia.
84GF Score
Get the complete analysis for SAU:1320
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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