Bonyan REIT (SAU:4347) Return-on-Tangible-Equity: 7.26% (As of Dec. 2025) — 13% Above Median

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:4347 Bonyan REIT SAU:4347
79 GF Score
Price ﷼10.12
GF Value ﷼10.92
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Bonyan REIT Return-on-Tangible-Equity?

Bonyan REIT SAU:4347 -0.20% 79 Return-on-Tangible-Equity is 7.26% as of Dec. 2025, which is 13% above its 10-year median of 6.45. GuruFocus rates SAU:4347 with a GF Score™ of 79/100 and a GF Value™ of ﷼10.92 (Fairly Valued). The stock has 5 warning signs investors should review. Among 928 REITs companies, Bonyan REIT ranks better than 60.45% 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. Bonyan REIT's annualized net income for the quarter that ended in Dec. 2025 was ﷼97.9 Mil. Bonyan REIT's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ﷼1,348.7 Mil. Therefore, Bonyan REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.26%.

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

SAU:4347' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.16   Med: 6.45   Max: 8.04
Current: 7.66

During the past 8 years, Bonyan REIT's highest Return-on-Tangible-Equity was 8.04%. The lowest was 3.16%. And the median was 6.45%.

SAU:4347's Return-on-Tangible-Equity is ranked better than
60.45% of 928 companies
in the REITs industry
Industry Median: 6.275 vs SAU:4347: 7.66

Bonyan REIT  (SAU:4347) 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.


Bonyan REIT Return-on-Tangible-Equity Related Terms


Bonyan REIT Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Bonyan REIT'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.

Bonyan REIT Return-on-Tangible-Equity Chart

Bonyan REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 4.64 7.05 8.04 6.45 7.67

Bonyan REIT Semi-Annual Data
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 9.80 8.26 4.57 8.06 7.26

SAU:4347 vs VICI, WPC: Return-on-Tangible-Equity Comparison

For the REIT - Diversified subindustry, Bonyan REIT'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.


Bonyan REIT Return-on-Tangible-Equity vs REITs Industry

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

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


SAU:4347
79GF Score
Bonyan REIT SAU:4347
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonyan REIT Return-on-Tangible-Equity Calculation

Bonyan REIT'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 )
=103.695/( (1361.391+1340.796 )/ 2 )
=103.695/1351.0935
=7.67 %

Bonyan REIT'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 )
=97.876/( (1356.617+1340.796)/ 2 )
=97.876/1348.7065
=7.26 %

* 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 7.26% mean?
Bonyan REIT (SAU:4347) has a Return-on-Tangible-Equity of 7.26% 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 Bonyan REIT and its competitors. This is 13% above median its historical median of 6.45. Over the past decade, Bonyan REIT's Return-on-Tangible-Equity has ranged from 3.16 to 8.04. According to the industry distribution chart, Bonyan REIT ranks #367 out of 928 companies in the REITs industry, placing it in the top 39.5%.
Is Bonyan REIT's Return-on-Tangible-Equity too high?
Bonyan REIT's current Return-on-Tangible-Equity of 7.26% is 13% above median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 8.04. The REITs industry median Return-on-Tangible-Equity is 6.28. Bonyan REIT's value of 7.26% is 15.7% above this industry median. Based on the distribution chart, Bonyan REIT ranks #367 out of 928 companies in the REITs industry, which is above the industry midpoint. Overall, Bonyan REIT has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bonyan REIT's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Bonyan REIT ranks #367 out of 928 companies for Return-on-Tangible-Equity. This puts Bonyan REIT in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.28. Bonyan REIT's value of 7.26% is 15.7% above this benchmark. Historically, Bonyan REIT's own Return-on-Tangible-Equity has ranged from 3.16 to 8.04 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 6.28, Bonyan REIT 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 REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.28, based on 928 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. Bonyan REIT's current Return-on-Tangible-Equity of 7.26% is 15.7% 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 Bonyan REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonyan REIT's current Return-on-Tangible-Equity is 7.26%, which is 13% above median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonyan REIT stock overvalued right now?
Based on GuruFocus' analysis, Bonyan REIT (SAU:4347) is currently considered Fairly Valued. The stock's GF Value™ is ﷼10.92, compared to a current price of ﷼10.12 — trading 7.3% below its estimated fair value. The current Return-on-Tangible-Equity is 7.26%, which is 13% above median its 10-year median of 6.45 and 15.7% above the REITs industry median of 6.28. Bonyan REIT's overall GF Score™ is 79/100 with 5 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 Bonyan REIT (SAU:4347), the current Return-on-Tangible-Equity is 7.26% 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 Bonyan REIT (SAU:4347) Overvalued in 2026?

Based on GuruFocus' analysis, Bonyan REIT stock appears to be undervalued. The current stock price of ﷼10.12 is trading 7.3% below its estimated GF Value™ of ﷼10.92. GuruFocus considers Bonyan REIT to be Fairly Valued.

Key valuation signals for SAU:4347:

  • Return-on-Tangible-Equity: 7.26% (13% above median its 10-year median of 6.45)
  • GF Value™: ﷼10.92 vs. price of ﷼10.12 (7.3% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 15.7% above the REITs median (#367 of 928)

No single metric tells the full story. See the SAU:4347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonyan REIT Business Description

Industry Real EstateREITs
Address 8092 King Fahd Road, P.O. Box 23454, Kingdom of Saudi Arabia, Riyadh, SAU, 11426
Bonyan REIT is a closed-ended real estate investment fund company. The company's property portfolio consists of residential, hospitality, and commercial centers. where the Commercial centre includes unit of investment properties such as malls., Residential includes units of private houses such as individual apartments, Hospitality includes hospitality service providing entity, which is related to Marriot properties and Office includes rental of office space.
79GF Score

Get the complete analysis for SAU:4347

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

﷼10.12
Price
﷼10.92
GF Value