Qassim Cement Co (SAU:3040) ROA %: 8.70% (As of Mar. 2026) — 13% Below 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:3040 Qassim Cement Co SAU:3040
88 GF Score
Price ﷼45.58
GF Value ﷼67.27
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Qassim Cement Co ROA %?

Qassim Cement Co SAU:3040 +1.15% 88 ROA % is 8.70% as of Mar. 2026, which is 13% below its 10-year median of 10.01. GuruFocus rates SAU:3040 with a GF Score™ of 88/100 and a GF Value™ of ﷼67.27 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 410 Building Materials companies, Qassim Cement Co ranks better than 81.95% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Qassim Cement Co's annualized Net Income for the quarter that ended in Mar. 2026 was ﷼275 Mil. Qassim Cement Co's average Total Assets over the quarter that ended in Mar. 2026 was ﷼3,158 Mil. Therefore, Qassim Cement Co's annualized ROA % for the quarter that ended in Mar. 2026 was 8.70%.

The historical rank and industry rank for Qassim Cement Co's ROA % or its related term are showing as below:

SAU:3040' s ROA % Range Over the Past 10 Years
Min: 2.22   Med: 10.01   Max: 20.13
Current: 7.69

During the past 13 years, Qassim Cement Co's highest ROA % was 20.13%. The lowest was 2.22%. And the median was 10.01%.

SAU:3040's ROA % is ranked better than
81.95% of 410 companies
in the Building Materials industry
Industry Median: 2.255 vs SAU:3040: 7.69

Qassim Cement Co  (SAU:3040) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=274.888/3158.4745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(274.888 / 1171.18)*(1171.18 / 3158.4745)
=Net Margin %*Asset Turnover
=23.47 %*0.3708
=8.70 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Qassim Cement Co ROA % Related Terms


Qassim Cement Co ROA % Historical Data

* Premium members only.

The historical data trend for Qassim Cement Co's ROA % 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.

Qassim Cement Co ROA % Chart

Qassim Cement Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.12 6.61 7.61 11.68 8.34

Qassim Cement Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.18 7.79 5.45 8.96 8.70

SAU:3040 vs CRH, VMC, MLM: ROA % Comparison

For the Building Materials subindustry, Qassim Cement Co's ROA %, along with its competitors' market caps and ROA % 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.


Qassim Cement Co ROA % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Qassim Cement Co's ROA % distribution charts can be found below:

* The bar in red indicates where Qassim Cement Co's ROA % falls into.


SAU:3040
88GF Score
Qassim Cement Co SAU:3040
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qassim Cement Co ROA % Calculation

Qassim Cement Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=259.933/( (3117.086+3119.99)/ 2 )
=259.933/3118.538
=8.34 %

Qassim Cement Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=274.888/( (3119.99+3196.959)/ 2 )
=274.888/3158.4745
=8.70 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 8.70% mean?
Qassim Cement Co (SAU:3040) has a ROA % of 8.70% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Qassim Cement Co and its competitors. This is 13% below median its historical median of 10.01. Over the past decade, Qassim Cement Co's ROA % has ranged from 2.22 to 20.13. According to the industry distribution chart, Qassim Cement Co ranks #74 out of 410 companies in the Building Materials industry, placing it in the top 18%.
Is Qassim Cement Co's ROA % too high?
Qassim Cement Co's current ROA % of 8.70% is 13% below median its 10-year median of 10.01. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 20.13. The Building Materials industry median ROA % is 2.26. Qassim Cement Co's value of 8.70% is 285.8% above this industry median. Based on the distribution chart, Qassim Cement Co ranks #74 out of 410 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Qassim Cement Co has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qassim Cement Co's ROA % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Qassim Cement Co ranks #74 out of 410 companies for ROA %. This places Qassim Cement Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 2.26. Qassim Cement Co's value of 8.70% is 285.8% above this benchmark. Historically, Qassim Cement Co's own ROA % has ranged from 2.22 to 20.13 over the past decade. While the company's 10-year median is 10.01 vs. the industry median of 2.26, Qassim Cement 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 ROA % for a Building Materials company?
The median ROA % among Building Materials companies is 2.26, based on 410 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qassim Cement Co's current ROA % of 8.70% is 285.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Qassim Cement Co and its competitors. For the Building Materials industry, the median ROA % is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qassim Cement Co's current ROA % is 8.70%, which is 13% below median its own 10-year median of 10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qassim Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Qassim Cement Co (SAU:3040) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼67.27, compared to a current price of ﷼45.58 — trading 32.2% below its estimated fair value. The current ROA % is 8.70%, which is 13% below median its 10-year median of 10.01 and 285.8% above the Building Materials industry median of 2.26. Qassim Cement Co's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Qassim Cement Co (SAU:3040), the current ROA % is 8.70% 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.

Is Qassim Cement Co (SAU:3040) Overvalued in 2026?

Based on GuruFocus' analysis, Qassim Cement Co stock appears to be undervalued. The current stock price of ﷼45.58 is trading 32.2% below its estimated GF Value™ of ﷼67.27. GuruFocus considers Qassim Cement Co to be Significantly Undervalued.

Key valuation signals for SAU:3040:

  • ROA %: 8.70% (13% below median its 10-year median of 10.01)
  • GF Value™: ﷼67.27 vs. price of ﷼45.58 (32.2% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 285.8% above the Building Materials median (#74 of 410)

No single metric tells the full story. See the SAU:3040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qassim Cement Co Business Description

Address Tarafiyyah Road, Unit No. 1, P.O. Box 4266, Building No. 4266, Buraydah, SAU, 52271-6735
Qassim Cement Co is engaged in manufacturing and producing cement, its derivatives and supplements, the trade of these products, and carrying out all works directly and indirectly related to this purpose. It makes Ordinary Portland Cement, Portland Pozzolana Cement, Sulphate Resistant Cement, and Finishing Cement, among others. Geographically, the company mainly operates in the Kingdom of Saudi Arabia.
88GF Score

Get the complete analysis for SAU:3040

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼45.58
Price
﷼67.27
GF Value