Saudi Manpower Solutions Co (SMASCO) (SAU:1834) Return-on-Tangible-Equity: 31.13% (As of Mar. 2026) — 26% Above Median

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SAU:1834 Saudi Manpower Solutions Co (SMASCO) SAU:1834
20 GF Score
Price ﷼6.31
! 3 Warning Signs
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What is Saudi Manpower Solutions Co (SMASCO) Return-on-Tangible-Equity?

Saudi Manpower Solutions Co (SMASCO) SAU:1834 +1.12% 20 Return-on-Tangible-Equity is 31.13% as of Mar. 2026, which is 26% above its 10-year median of 24.70. GuruFocus rates SAU:1834 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,007 Business Services companies, Saudi Manpower Solutions Co (SMASCO) ranks better than 74.38% 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 Manpower Solutions Co (SMASCO)'s annualized net income for the quarter that ended in Mar. 2026 was ﷼194 Mil. Saudi Manpower Solutions Co (SMASCO)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was ﷼624 Mil. Therefore, Saudi Manpower Solutions Co (SMASCO)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 31.13%.

The historical rank and industry rank for Saudi Manpower Solutions Co (SMASCO)'s Return-on-Tangible-Equity or its related term are showing as below:

SAU:1834' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.98   Med: 24.7   Max: 32.56
Current: 26.28

During the past 3 years, Saudi Manpower Solutions Co (SMASCO)'s highest Return-on-Tangible-Equity was 32.56%. The lowest was 22.98%. And the median was 24.70%.

SAU:1834's Return-on-Tangible-Equity is ranked better than
74.38% of 1007 companies
in the Business Services industry
Industry Median: 10.71 vs SAU:1834: 26.28

Saudi Manpower Solutions Co (SMASCO)  (SAU:1834) 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 Manpower Solutions Co (SMASCO) Return-on-Tangible-Equity Related Terms


Saudi Manpower Solutions Co (SMASCO) Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Saudi Manpower Solutions Co (SMASCO)'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 Manpower Solutions Co (SMASCO) Return-on-Tangible-Equity Chart

Saudi Manpower Solutions Co (SMASCO) Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Equity
32.56 22.98 24.70

Saudi Manpower Solutions Co (SMASCO) Quarterly Data
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 27.81 20.05 27.16 26.18 31.13

SAU:1834 vs KFY, RHI, TNET: Return-on-Tangible-Equity Comparison

For the Staffing & Employment Services subindustry, Saudi Manpower Solutions Co (SMASCO)'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 Manpower Solutions Co (SMASCO) Return-on-Tangible-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Saudi Manpower Solutions Co (SMASCO)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Saudi Manpower Solutions Co (SMASCO)'s Return-on-Tangible-Equity falls into.


SAU:1834
20GF Score
Saudi Manpower Solutions Co (SMASCO) SAU:1834
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Manpower Solutions Co (SMASCO) Return-on-Tangible-Equity Calculation

Saudi Manpower Solutions Co (SMASCO)'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 )
=150.64/( (589.378+630.199 )/ 2 )
=150.64/609.7885
=24.70 %

Saudi Manpower Solutions Co (SMASCO)'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 )
=194.308/( (630.199+618.217)/ 2 )
=194.308/624.208
=31.13 %

* 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 31.13% mean?
Saudi Manpower Solutions Co (SMASCO) (SAU:1834) has a Return-on-Tangible-Equity of 31.13% 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 Manpower Solutions Co (SMASCO) and its competitors. This is 26% above median its historical median of 24.70. Over the past decade, Saudi Manpower Solutions Co (SMASCO)'s Return-on-Tangible-Equity has ranged from 22.98 to 32.56. According to the industry distribution chart, Saudi Manpower Solutions Co (SMASCO) ranks #258 out of 1007 companies in the Business Services industry, placing it in the top 25.6%.
Is Saudi Manpower Solutions Co (SMASCO)'s Return-on-Tangible-Equity too high?
Saudi Manpower Solutions Co (SMASCO)'s current Return-on-Tangible-Equity of 31.13% is 26% above median its 10-year median of 24.70. Over the past 10 years, this metric has ranged from a low of 22.98 to a high of 32.56. The Business Services industry median Return-on-Tangible-Equity is 10.71. Saudi Manpower Solutions Co (SMASCO)'s value of 31.13% is 190.7% above this industry median. Based on the distribution chart, Saudi Manpower Solutions Co (SMASCO) ranks #258 out of 1007 companies in the Business Services industry, which is above the industry midpoint. Overall, Saudi Manpower Solutions Co (SMASCO) has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Saudi Manpower Solutions Co (SMASCO)'s Return-on-Tangible-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, Saudi Manpower Solutions Co (SMASCO) ranks #258 out of 1007 companies for Return-on-Tangible-Equity. This puts Saudi Manpower Solutions Co (SMASCO) in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.71. Saudi Manpower Solutions Co (SMASCO)'s value of 31.13% is 190.7% above this benchmark. Historically, Saudi Manpower Solutions Co (SMASCO)'s own Return-on-Tangible-Equity has ranged from 22.98 to 32.56 over the past decade. While the company's 10-year median is 24.70 vs. the industry median of 10.71, Saudi Manpower Solutions Co (SMASCO) 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.71, based on 1,007 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 Manpower Solutions Co (SMASCO)'s current Return-on-Tangible-Equity of 31.13% is 190.7% 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 Manpower Solutions Co (SMASCO) and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Manpower Solutions Co (SMASCO)'s current Return-on-Tangible-Equity is 31.13%, which is 26% above median its own 10-year median of 24.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Manpower Solutions Co (SMASCO) stock overvalued right now?
Saudi Manpower Solutions Co (SMASCO) (SAU:1834) has a current Return-on-Tangible-Equity of 31.13%. The current Return-on-Tangible-Equity is 31.13%, which is 26% above median its 10-year median of 24.70 and 190.7% above the Business Services industry median of 10.71. Saudi Manpower Solutions Co (SMASCO)'s overall GF Score™ is 20/100 with 3 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 Manpower Solutions Co (SMASCO) (SAU:1834), the current Return-on-Tangible-Equity is 31.13% 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.

Saudi Manpower Solutions Co (SMASCO) Business Description

Address 6527 Al Olaya Street, P.O. Box 91279, Al Ghadeer District, Riyadh, SAU, 13311
Saudi Manpower Solutions Co (SMASCO) mainly provides employment agency services and administration and support to individuals and businesses for temporary employment of foreign labour. The Group's reportable operating segments are: Corporate, Individuals, Logistic, and Others. Maximum revenue is derived from the Corporate segment, which provides services of expatriate and Saudi labour to companies whose contracts extend for two years. The Individuals segment provides home labour services to individual customers whose contract duration ranges from one month to two years, including various hourly works, and the Logistic segment includes storage facilities for all types of goods, accommodation services, and transportation services.
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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