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Ades Holding CoSAU:2382 +0.73%11 Return-on-Tangible-Equity is 13.97% as of Mar. 2026, which is 13% above its 10-year median of 12.34. GuruFocus rates SAU:2382 with a GF Score™ of 11/100. The stock has 9 warning signs investors should review. Among 942 Oil & Gas companies, Ades Holding Co ranks better than 67.73% 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. Ades Holding Co's annualized net income for the quarter that ended in Mar. 2026 was ﷼946 Mil. Ades Holding Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ﷼6,768 Mil. Therefore, Ades Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.97%.
The historical rank and industry rank for Ades Holding Co's Return-on-Tangible-Equity or its related term are showing as below:
SAU:2382'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.69 Med: 12.34 Max: 13.12
Current: 12.99
During the past 3 years, Ades Holding Co's highest Return-on-Tangible-Equity was 13.12%. The lowest was 7.69%. And the median was 12.34%.
SAU:2382's Return-on-Tangible-Equity is ranked better than 67.73% of 942
companies
in the Oil & Gas industry
Industry Median: 6.77
vs SAU:2382: 12.99
Ades Holding Co (SAU:2382) 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.
Ades Holding Co Return-on-Tangible-Equity Related Terms
Ades Holding Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ades Holding 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.
SAU:2382 vs NE, RIG, VAL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Drilling subindustry, Ades Holding 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.
Ades Holding Co Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ades Holding Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ades Holding 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 13.97% mean?
Ades Holding Co (SAU:2382) has a Return-on-Tangible-Equity of 13.97% 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 Ades Holding Co and its competitors. This is 13% above median its historical median of 12.34. Over the past decade, Ades Holding Co's Return-on-Tangible-Equity has ranged from 7.69 to 13.12. According to the industry distribution chart, Ades Holding Co ranks #304 out of 942 companies in the Oil & Gas industry, placing it in the top 32.3%.
Is Ades Holding Co's Return-on-Tangible-Equity too high?
Ades Holding Co's current Return-on-Tangible-Equity of 13.97% is 13% above median its 10-year median of 12.34. Over the past 10 years, this metric has ranged from a low of 7.69 to a high of 13.12. The Oil & Gas industry median Return-on-Tangible-Equity is 6.77. Ades Holding Co's value of 13.97% is 106.4% above this industry median. Based on the distribution chart, Ades Holding Co ranks #304 out of 942 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ades Holding Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ades Holding Co's Return-on-Tangible-Equity compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ades Holding Co ranks #304 out of 942 companies for Return-on-Tangible-Equity. This puts Ades Holding Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.77. Ades Holding Co's value of 13.97% is 106.4% above this benchmark. Historically, Ades Holding Co's own Return-on-Tangible-Equity has ranged from 7.69 to 13.12 over the past decade. While the company's 10-year median is 12.34 vs. the industry median of 6.77, Ades Holding 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.77, based on 942 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. Ades Holding Co's current Return-on-Tangible-Equity of 13.97% is 106.4% 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 Ades Holding Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ades Holding Co's current Return-on-Tangible-Equity is 13.97%, which is 13% above median its own 10-year median of 12.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ades Holding Co stock overvalued right now?
Ades Holding Co (SAU:2382) has a current Return-on-Tangible-Equity of 13.97%. The current Return-on-Tangible-Equity is 13.97%, which is 13% above median its 10-year median of 12.34 and 106.4% above the Oil & Gas industry median of 6.77. Ades Holding Co's overall GF Score™ is 11/100 with 9 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 Ades Holding Co (SAU:2382), the current Return-on-Tangible-Equity is 13.97% 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.
Ades Holding Co is an oil and gas drilling and production services provider in the Middle East, Africa, Southeast Asia, and Europe. Its services mainly include offshore and onshore contract drilling and production services. The Group's offshore services include drilling and workover services and Mobile Offshore Production Unit (MOPU) production services, as well as accommodation, catering, and other barge-based support services. Additionally, it provides project services, which mainly include oil field enhancement (exploration and production). Ades's geographical operating segments are: Egypt, which derives maximum revenue, Algeria and Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and Other.
11GF Score
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