Salalah Port Services Co (MUS:SPSI) ROE %: -24.40% (As of Mar. 2026)


MUS:SPSI Salalah Port Services Co MUS:SPSI
49 GF Score
Price ر.ع0.49
GF Value ر.ع0.36
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Salalah Port Services Co ROE %?

Salalah Port Services Co MUS:SPSI 49 ROE % is -24.40% as of Mar. 2026. GuruFocus rates MUS:SPSI with a GF Score™ of 49/100 and a GF Value™ of ر.ع0.36 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 983 Transportation companies, Salalah Port Services Co ranks worse than 70.19% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Salalah Port Services Co's annualized net income for the quarter that ended in Mar. 2026 was ر.ع-18.93 Mil. Salalah Port Services Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ر.ع77.60 Mil. Therefore, Salalah Port Services Co's annualized ROE % for the quarter that ended in Mar. 2026 was -24.40%.

The historical rank and industry rank for Salalah Port Services Co's ROE % or its related term are showing as below:

MUS:SPSI' s ROE % Range Over the Past 10 Years
Min: 2.99   Med: 9.26   Max: 22.04
Current: 3.3

During the past 13 years, Salalah Port Services Co's highest ROE % was 22.04%. The lowest was 2.99%. And the median was 9.26%.

MUS:SPSI's ROE % is ranked worse than
70.19% of 983 companies
in the Transportation industry
Industry Median: 7.6 vs MUS:SPSI: 3.30

Salalah Port Services Co  (MUS:SPSI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-18.932/77.5975
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-18.932 / 88.152)*(88.152 / 138.2295)*(138.2295 / 77.5975)
=Net Margin %*Asset Turnover*Equity Multiplier
=-21.48 %*0.6377*1.7814
=ROA %*Equity Multiplier
=-13.7 %*1.7814
=-24.40 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-18.932/77.5975
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-18.932 / -22.272) * (-22.272 / -23.4) * (-23.4 / 88.152) * (88.152 / 138.2295) * (138.2295 / 77.5975)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.85 * 0.9518 * -26.55 % * 0.6377 * 1.7814
=-24.40 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Salalah Port Services Co ROE % Related Terms


Salalah Port Services Co ROE % Historical Data

* Premium members only.

The historical data trend for Salalah Port Services Co's ROE % 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.

Salalah Port Services Co ROE % Chart

Salalah Port Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.37 4.38 3.75 2.99 9.28

Salalah Port Services Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 0.13 13.05 11.56 12.85 -24.40

Salalah Port Services Co ROE % Competitor Comparison

For the Marine Shipping subindustry, Salalah Port Services Co's ROE %, along with its competitors' market caps and ROE % 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.


Salalah Port Services Co ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Salalah Port Services Co's ROE % distribution charts can be found below:

* The bar in red indicates where Salalah Port Services Co's ROE % falls into.


MUS:SPSI
49GF Score
Salalah Port Services Co MUS:SPSI
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salalah Port Services Co ROE % Calculation

Salalah Port Services Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=7.294/( (75.813+81.313)/ 2 )
=7.294/78.563
=9.28 %

Salalah Port Services Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-18.932/( (81.313+73.882)/ 2 )
=-18.932/77.5975
=-24.40 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -24.40% mean?
Salalah Port Services Co (MUS:SPSI) has a ROE % of -24.40% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Salalah Port Services Co and its competitors. Over the past decade, Salalah Port Services Co's ROE % has ranged from 2.99 to 22.04. According to the industry distribution chart, Salalah Port Services Co ranks #690 out of 983 companies in the Transportation industry, placing it in the top 70.2%.
Is Salalah Port Services Co's ROE % too high?
Salalah Port Services Co's current ROE % is -24.40%. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 22.04. Based on the distribution chart, Salalah Port Services Co ranks #690 out of 983 companies in the Transportation industry, which is below the industry midpoint. Overall, Salalah Port Services Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salalah Port Services Co's ROE % compare to competitors?
According to the Transportation industry distribution chart, Salalah Port Services Co ranks #690 out of 983 companies for ROE %. This places Salalah Port Services Co in the lower half of its industry. The industry median ROE % is 7.60. Historically, Salalah Port Services Co's own ROE % has ranged from 2.99 to 22.04 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.60, based on 983 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Salalah Port Services Co and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salalah Port Services Co's current ROE % is -24.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salalah Port Services Co stock overvalued right now?
Based on GuruFocus' analysis, Salalah Port Services Co (MUS:SPSI) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.36, compared to a current price of ر.ع0.49 — trading 34.7% above its estimated fair value. The current ROE % is -24.40%. Salalah Port Services Co's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Salalah Port Services Co (MUS:SPSI), the current ROE % is -24.40% 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 Salalah Port Services Co (MUS:SPSI) Overvalued in 2026?

Based on GuruFocus' analysis, Salalah Port Services Co stock appears to be overvalued. The current stock price of ر.ع0.49 is trading 34.7% above its estimated GF Value™ of ر.ع0.36. GuruFocus considers Salalah Port Services Co to be Significantly Overvalued.

Key valuation signals for MUS:SPSI:

  • ROE %: -24.40%
  • GF Value™: ر.ع0.36 vs. price of ر.ع0.49 (34.7% above fair value)
  • GF Score™: 49/100 with 5 warning signs

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


Salalah Port Services Co Business Description

Address Al Sarooj, Way No. 2601, Fourth Floor, Office 401, P.O. Box 105, PC 118, Beach One Building, Muscat, OMN, 211
Salalah Port Services Co operates the Port of Salalah, which is in the east-west shipping lane of the Sultanate of Oman. Its port activity includes leasing, equipping, operating, and managing Terminals and Cargo. The group operates with two business divisions; Container Terminal and General Cargo Terminal, of which it derives maximum revenue from Container Terminal. Its geographical area of operation includes Oman, Europe, and others of which the Europe region accounts for a larger share of the revenue.
49GF Score

Get the complete analysis for MUS:SPSI

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

ر.ع0.49
Price
ر.ع0.36
GF Value