Saudi Manpower Solutions Co (SMASCO) (SAU:1834) ROE %: 30.70% (As of Mar. 2026) — 26% Above Median


SAU:1834 Saudi Manpower Solutions Co (SMASCO) SAU:1834
19 GF Score
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What is Saudi Manpower Solutions Co (SMASCO) ROE %?

Saudi Manpower Solutions Co (SMASCO) SAU:1834 +1.29% 19 ROE % is 30.70% as of Mar. 2026, which is 26% above its 10-year median of 24.31. GuruFocus rates SAU:1834 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,058 Business Services companies, Saudi Manpower Solutions Co (SMASCO) ranks better than 88.28% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Saudi Manpower Solutions Co (SMASCO)'s annualized net income for the quarter that ended in Mar. 2026 was ﷼194 Mil. Saudi Manpower Solutions Co (SMASCO)'s average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ﷼633 Mil. Therefore, Saudi Manpower Solutions Co (SMASCO)'s annualized ROE % for the quarter that ended in Mar. 2026 was 30.70%.

The historical rank and industry rank for Saudi Manpower Solutions Co (SMASCO)'s ROE % or its related term are showing as below:

SAU:1834' s ROE % Range Over the Past 10 Years
Min: 22.53   Med: 24.31   Max: 31.87
Current: 25.86

During the past 3 years, Saudi Manpower Solutions Co (SMASCO)'s highest ROE % was 31.87%. The lowest was 22.53%. And the median was 24.31%.

SAU:1834's ROE % is ranked better than
88.28% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs SAU:1834: 25.86

Saudi Manpower Solutions Co (SMASCO)  (SAU:1834) 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
=194.308/632.91
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(194.308 / 2228.064)*(2228.064 / 1256.2365)*(1256.2365 / 632.91)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.72 %*1.7736*1.9849
=ROA %*Equity Multiplier
=15.47 %*1.9849
=30.70 %

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
=194.308/632.91
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (194.308 / 211.028) * (211.028 / 204.544) * (204.544 / 2228.064) * (2228.064 / 1256.2365) * (1256.2365 / 632.91)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9208 * 1.0317 * 9.18 % * 1.7736 * 1.9849
=30.70 %

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. 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.


Saudi Manpower Solutions Co (SMASCO) ROE % Related Terms


Saudi Manpower Solutions Co (SMASCO) ROE % Historical Data

* Premium members only.

The historical data trend for Saudi Manpower Solutions Co (SMASCO)'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.

Saudi Manpower Solutions Co (SMASCO) ROE % Chart

Saudi Manpower Solutions Co (SMASCO) Annual Data
Trend Dec23 Dec24 Dec25
ROE %
31.87 22.53 24.31

Saudi Manpower Solutions Co (SMASCO) Quarterly Data
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 27.30 19.68 26.70 25.78 30.70

SAU:1834 vs KFY, RHI, TNET: ROE % Comparison

For the Staffing & Employment Services subindustry, Saudi Manpower Solutions Co (SMASCO)'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.


Saudi Manpower Solutions Co (SMASCO) ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, Saudi Manpower Solutions Co (SMASCO)'s ROE % distribution charts can be found below:

* The bar in red indicates where Saudi Manpower Solutions Co (SMASCO)'s ROE % falls into.


SAU:1834
19GF Score
Saudi Manpower Solutions Co (SMASCO) SAU:1834
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Manpower Solutions Co (SMASCO) ROE % Calculation

Saudi Manpower Solutions Co (SMASCO)'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 )
=150.64/( (600.349+638.895)/ 2 )
=150.64/619.622
=24.31 %

Saudi Manpower Solutions Co (SMASCO)'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 )
=194.308/( (638.895+626.925)/ 2 )
=194.308/632.91
=30.70 %

* 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 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 30.70% mean?
Saudi Manpower Solutions Co (SMASCO) (SAU:1834) has a ROE % of 30.70% 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 Saudi Manpower Solutions Co (SMASCO) and its competitors. This is 26% above median its historical median of 24.31. Over the past decade, Saudi Manpower Solutions Co (SMASCO)'s ROE % has ranged from 22.53 to 31.87. According to the industry distribution chart, Saudi Manpower Solutions Co (SMASCO) ranks #124 out of 1058 companies in the Business Services industry, placing it in the top 11.7%.
Is Saudi Manpower Solutions Co (SMASCO)'s ROE % too high?
Saudi Manpower Solutions Co (SMASCO)'s current ROE % of 30.70% is 26% above median its 10-year median of 24.31. Over the past 10 years, this metric has ranged from a low of 22.53 to a high of 31.87. The Business Services industry median ROE % is 8.10. Saudi Manpower Solutions Co (SMASCO)'s value of 30.70% is 279.2% above this industry median. Based on the distribution chart, Saudi Manpower Solutions Co (SMASCO) ranks #124 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Saudi Manpower Solutions Co (SMASCO) has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Saudi Manpower Solutions Co (SMASCO)'s ROE % compare to KFY and RHI?
According to the Business Services industry distribution chart, Saudi Manpower Solutions Co (SMASCO) ranks #124 out of 1058 companies for ROE %. This places Saudi Manpower Solutions Co (SMASCO) in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. Saudi Manpower Solutions Co (SMASCO)'s value of 30.70% is 279.2% above this benchmark. Historically, Saudi Manpower Solutions Co (SMASCO)'s own ROE % has ranged from 22.53 to 31.87 over the past decade. While the company's 10-year median is 24.31 vs. the industry median of 8.10, Saudi Manpower Solutions Co (SMASCO) 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 ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 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. Saudi Manpower Solutions Co (SMASCO)'s current ROE % of 30.70% is 279.2% 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 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 Saudi Manpower Solutions Co (SMASCO) and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Manpower Solutions Co (SMASCO)'s current ROE % is 30.70%, which is 26% above median its own 10-year median of 24.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Manpower Solutions Co (SMASCO) stock overvalued right now?
Saudi Manpower Solutions Co (SMASCO) (SAU:1834) has a current ROE % of 30.70%. The current ROE % is 30.70%, which is 26% above median its 10-year median of 24.31 and 279.2% above the Business Services industry median of 8.10. Saudi Manpower Solutions Co (SMASCO)'s overall GF Score™ is 19/100 with 2 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 Saudi Manpower Solutions Co (SMASCO) (SAU:1834), the current ROE % is 30.70% 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.

Saudi Manpower Solutions Co (SMASCO) Business Description

Address 6527 Al Olaya Street, P.O. Box 91279, Al Ghadeer District, Riyadh, SAU, 13311
Saudi Manpower Solutions Co (SMASCO) mainly provides employment agency services and administration and support to individuals and businesses for temporary employment of foreign labour. The Group's reportable operating segments are: Corporate, Individuals, Logistic, and Others. Maximum revenue is derived from the Corporate segment, which provides services of expatriate and Saudi labour to companies whose contracts extend for two years. The Individuals segment provides home labour services to individual customers whose contract duration ranges from one month to two years, including various hourly works, and the Logistic segment includes storage facilities for all types of goods, accommodation services, and transportation services.
19GF Score

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