Flynas Co (SAU:4264) Return-on-Tangible-Equity: 29.19% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:4264 Flynas Co SAU:4264
11 GF Score
Price ﷼50.45
! 3 Warning Signs
View Full Analysis

What is Flynas Co Return-on-Tangible-Equity?

Flynas Co SAU:4264 +0.40% 11 Return-on-Tangible-Equity is 29.19% as of Mar. 2026. GuruFocus rates SAU:4264 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 979 Transportation companies, Flynas Co ranks worse than 94.79% 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. Flynas Co's annualized net income for the quarter that ended in Mar. 2026 was ﷼472 Mil. Flynas Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ﷼1,616 Mil. Therefore, Flynas Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 29.19%.

The historical rank and industry rank for Flynas Co's Return-on-Tangible-Equity or its related term are showing as below:

SAU:4264' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -88.36   Med: -88.36   Max: -36.5
Current: -36.5

During the past 2 years, Flynas Co's highest Return-on-Tangible-Equity was -36.50%. The lowest was -88.36%. And the median was -88.36%.

SAU:4264's Return-on-Tangible-Equity is ranked worse than
94.79% of 979 companies
in the Transportation industry
Industry Median: 8.98 vs SAU:4264: -36.50

Flynas Co  (SAU:4264) 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.


Flynas Co Return-on-Tangible-Equity Related Terms


Flynas Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Flynas 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.

Flynas Co Return-on-Tangible-Equity Chart

Flynas Co Annual Data
Trend Dec24 Dec25
Return-on-Tangible-Equity
Negative Tangible Equity -88.36

Flynas Co Quarterly Data
Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Negative Tangible Equity -250.66 33.48 17.71 29.19

SAU:4264 vs DAL, UAL, LUV: Return-on-Tangible-Equity Comparison

For the Airlines subindustry, Flynas 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.


Flynas Co Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Flynas Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Flynas Co's Return-on-Tangible-Equity falls into.


SAU:4264
11GF Score
Flynas Co SAU:4264
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flynas Co Return-on-Tangible-Equity Calculation

Flynas Co'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 )
=-527/( (-356.954+1549.766 )/ 2 )
=-527/596.406
=-88.36 %

Flynas Co'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 )
=471.604/( (1549.766+1681.412)/ 2 )
=471.604/1615.589
=29.19 %

* 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 29.19% mean?
Flynas Co (SAU:4264) has a Return-on-Tangible-Equity of 29.19% 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 Flynas Co and its competitors. According to the industry distribution chart, Flynas Co ranks #928 out of 979 companies in the Transportation industry, placing it in the top 94.8%.
Is Flynas Co's Return-on-Tangible-Equity too high?
Flynas Co's current Return-on-Tangible-Equity is 29.19%. The Transportation industry median Return-on-Tangible-Equity is 8.98. Flynas Co's value of 29.19% is 225.1% above this industry median. Based on the distribution chart, Flynas Co ranks #928 out of 979 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Flynas Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Flynas Co's Return-on-Tangible-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Flynas Co ranks #928 out of 979 companies for Return-on-Tangible-Equity. This places Flynas Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.98. Flynas Co's value of 29.19% is 225.1% above this benchmark. 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.98, based on 979 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. Flynas Co's current Return-on-Tangible-Equity of 29.19% is 225.1% 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 Flynas Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flynas Co's current Return-on-Tangible-Equity is 29.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flynas Co stock overvalued right now?
Flynas Co (SAU:4264) has a current Return-on-Tangible-Equity of 29.19%. The current Return-on-Tangible-Equity is 29.19% and 225.1% above the Transportation industry median of 8.98. Flynas Co's overall GF Score™ is 11/100 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 Flynas Co (SAU:4264), the current Return-on-Tangible-Equity is 29.19% 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.

Flynas Co Business Description

Address 8018 Abi Baker As Sidiq Road, Ar Rabie, Riyadh, SAU, 4040
Flynas Co licensed activities include the purchase, sale, and rental of aircraft, air transportation of passengers and goods, and the operation, management, and maintenance of aircraft. The Company operates under an air operating certificate issued by the General Authority of Civil Aviation (GACA), KSA. Its segments include Flynas LCC, which generates maximum revenue and covers low-cost scheduled flights; Flynas Hajj, which serves seasonal Hajj pilgrims; and Flynas General Aviation, which provides aircraft management services, including crew, maintenance, ancillary services, and charter flights for private customers. Flynas LCC generates maximum revenue from international operations.
11GF Score

Get the complete analysis for SAU:4264

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

﷼50.45
Price