Alahli REIT Fund 1 (SAU:4338) Return-on-Tangible-Equity: 1.59% (As of Dec. 2025) — 58% Below Median

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SAU:4338 Alahli REIT Fund 1 SAU:4338
71 GF Score
Price ﷼6.61
GF Value ﷼8.34
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Alahli REIT Fund 1 Return-on-Tangible-Equity?

Alahli REIT Fund 1 SAU:4338 71 Return-on-Tangible-Equity is 1.59% as of Dec. 2025, which is 58% below its 10-year median of 3.79. GuruFocus rates SAU:4338 with a GF Score™ of 71/100 and a GF Value™ of ﷼8.34 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 927 REITs companies, Alahli REIT Fund 1 ranks worse than 74.65% 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. Alahli REIT Fund 1's annualized net income for the quarter that ended in Dec. 2025 was ﷼18.5 Mil. Alahli REIT Fund 1's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ﷼1,161.4 Mil. Therefore, Alahli REIT Fund 1's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.59%.

The historical rank and industry rank for Alahli REIT Fund 1's Return-on-Tangible-Equity or its related term are showing as below:

SAU:4338' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.1   Med: 3.79   Max: 5.75
Current: 1.57

During the past 8 years, Alahli REIT Fund 1's highest Return-on-Tangible-Equity was 5.75%. The lowest was 1.10%. And the median was 3.79%.

SAU:4338's Return-on-Tangible-Equity is ranked worse than
74.65% of 927 companies
in the REITs industry
Industry Median: 6.27 vs SAU:4338: 1.57

Alahli REIT Fund 1  (SAU:4338) 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.


Alahli REIT Fund 1 Return-on-Tangible-Equity Related Terms


Alahli REIT Fund 1 Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Alahli REIT Fund 1'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.

Alahli REIT Fund 1 Return-on-Tangible-Equity Chart

Alahli REIT Fund 1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 5.75 5.13 3.23 2.19 1.57

Alahli REIT Fund 1 Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.96 2.41 1.97 1.55 1.59

SAU:4338 vs VICI, WPC: Return-on-Tangible-Equity Comparison

For the REIT - Diversified subindustry, Alahli REIT Fund 1'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.


Alahli REIT Fund 1 Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Alahli REIT Fund 1's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Alahli REIT Fund 1's Return-on-Tangible-Equity falls into.


SAU:4338
71GF Score
Alahli REIT Fund 1 SAU:4338
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alahli REIT Fund 1 Return-on-Tangible-Equity Calculation

Alahli REIT Fund 1'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 )
=18.387/( (1195.803+1152.315 )/ 2 )
=18.387/1174.059
=1.57 %

Alahli REIT Fund 1's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=18.464/( (1170.583+1152.315)/ 2 )
=18.464/1161.449
=1.59 %

* 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 two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 1.59% mean?
Alahli REIT Fund 1 (SAU:4338) has a Return-on-Tangible-Equity of 1.59% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Alahli REIT Fund 1 and its competitors. This is 58% below median its historical median of 3.79. Over the past decade, Alahli REIT Fund 1's Return-on-Tangible-Equity has ranged from 1.10 to 5.75. According to the industry distribution chart, Alahli REIT Fund 1 ranks #692 out of 927 companies in the REITs industry, placing it in the top 74.6%.
Is Alahli REIT Fund 1's Return-on-Tangible-Equity too high?
Alahli REIT Fund 1's current Return-on-Tangible-Equity of 1.59% is 58% below median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 5.75. The REITs industry median Return-on-Tangible-Equity is 6.27. Alahli REIT Fund 1's value of 1.59% is 74.6% below this industry median. Based on the distribution chart, Alahli REIT Fund 1 ranks #692 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Alahli REIT Fund 1 has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alahli REIT Fund 1's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Alahli REIT Fund 1 ranks #692 out of 927 companies for Return-on-Tangible-Equity. This places Alahli REIT Fund 1 in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.27. Alahli REIT Fund 1's value of 1.59% is 74.6% below this benchmark. Historically, Alahli REIT Fund 1's own Return-on-Tangible-Equity has ranged from 1.10 to 5.75 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 6.27, Alahli REIT Fund 1 has consistently been below 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 REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.27, based on 927 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. Alahli REIT Fund 1's current Return-on-Tangible-Equity of 1.59% is 74.6% below 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 Alahli REIT Fund 1 and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alahli REIT Fund 1's current Return-on-Tangible-Equity is 1.59%, which is 58% below median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alahli REIT Fund 1 stock overvalued right now?
Based on GuruFocus' analysis, Alahli REIT Fund 1 (SAU:4338) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼8.34, compared to a current price of ﷼6.61 — trading 20.7% below its estimated fair value. The current Return-on-Tangible-Equity is 1.59%, which is 58% below median its 10-year median of 3.79 and 74.6% below the REITs industry median of 6.27. Alahli REIT Fund 1's overall GF Score™ is 71/100 with 10 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 Alahli REIT Fund 1 (SAU:4338), the current Return-on-Tangible-Equity is 1.59% as of Dec. 2025. 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 Alahli REIT Fund 1 (SAU:4338) Overvalued in 2026?

Based on GuruFocus' analysis, Alahli REIT Fund 1 stock appears to be undervalued. The current stock price of ﷼6.61 is trading 20.7% below its estimated GF Value™ of ﷼8.34. GuruFocus considers Alahli REIT Fund 1 to be Modestly Undervalued.

Key valuation signals for SAU:4338:

  • Return-on-Tangible-Equity: 1.59% (58% below median its 10-year median of 3.79)
  • GF Value™: ﷼8.34 vs. price of ﷼6.61 (20.7% below fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 74.6% below the REITs median (#692 of 927)

No single metric tells the full story. See the SAU:4338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alahli REIT Fund 1 Business Description

Industry Real EstateREITs
Address King Saud Road, P.O. Box 22216, Regional Building of National Commercial Bank, Riyadh, SAU, 11495
Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.
71GF Score

Get the complete analysis for SAU:4338

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

﷼6.61
Price
﷼8.34
GF Value