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National Industries Group HoldingKDFM:NIND 37 Equity-to-Asset is 0.35 as of Mar. 2026, which is 17% above its 10-year median of 0.30. GuruFocus rates DFM:NIND with a GF Score™ of 37/100 and a GF Value™ of د.إ2.36 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 557 Conglomerates companies, National Industries Group HoldingK ranks worse than 66.07% on this metric.
The historical rank and industry rank for National Industries Group HoldingK's Equity-to-Asset or its related term are showing as below:
DFM:NIND'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.3 Max: 0.36
Current: 0.35
During the past 13 years, the highest Equity to Asset Ratio of National Industries Group HoldingK was 0.36. The lowest was 0.26. And the median was 0.30.
DFM:NIND's Equity-to-Asset is ranked worse than 66.07% of 557
companies
in the Conglomerates industry
Industry Median: 0.45
vs DFM:NIND: 0.35
National Industries Group HoldingK (DFM:NIND) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
National Industries Group HoldingK Equity-to-Asset Related Terms
National Industries Group HoldingK Equity-to-Asset Historical 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.
National Industries Group HoldingK Equity-to-Asset Chart
For the Conglomerates subindustry, National Industries Group HoldingK's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
National Industries Group HoldingK Equity-to-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, National Industries Group HoldingK's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where National Industries Group HoldingK's Equity-to-Asset falls into.
National Industries Group HoldingK Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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.
National Industries Group HoldingK (DFM:NIND) has a Equity-to-Asset of 0.35 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on National Industries Group HoldingK and its competitors. This is 17% above median its historical median of 0.30. Over the past decade, National Industries Group HoldingK's Equity-to-Asset has ranged from 0.26 to 0.36. According to the industry distribution chart, National Industries Group HoldingK ranks #368 out of 557 companies in the Conglomerates industry, placing it in the top 66.1%.
Is National Industries Group HoldingK's Equity-to-Asset too high?
National Industries Group HoldingK's current Equity-to-Asset of 0.35 is 17% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.36. The Conglomerates industry median Equity-to-Asset is 0.45. National Industries Group HoldingK's value of 0.35 is 22.2% below this industry median. Based on the distribution chart, National Industries Group HoldingK ranks #368 out of 557 companies in the Conglomerates industry, which is below the industry midpoint. Overall, National Industries Group HoldingK has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industries Group HoldingK's Equity-to-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, National Industries Group HoldingK ranks #368 out of 557 companies for Equity-to-Asset. This places National Industries Group HoldingK in the lower half of its industry. The industry median Equity-to-Asset is 0.45. National Industries Group HoldingK's value of 0.35 is 22.2% below this benchmark. Historically, National Industries Group HoldingK's own Equity-to-Asset has ranged from 0.26 to 0.36 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.45, National Industries Group HoldingK 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 Equity-to-Asset for a Conglomerates company?
The median Equity-to-Asset among Conglomerates companies is 0.45, based on 557 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Industries Group HoldingK's current Equity-to-Asset of 0.35 is 22.2% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on National Industries Group HoldingK and its competitors. For the Conglomerates industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industries Group HoldingK's current Equity-to-Asset is 0.35, which is 17% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Group HoldingK stock overvalued right now?
Based on GuruFocus' analysis, National Industries Group HoldingK (DFM:NIND) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ2.36, compared to a current price of د.إ3.37 — trading 42.8% above its estimated fair value. The current Equity-to-Asset is 0.35, which is 17% above median its 10-year median of 0.30 and 22.2% below the Conglomerates industry median of 0.45. National Industries Group HoldingK's overall GF Score™ is 37/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For National Industries Group HoldingK (DFM:NIND), the current Equity-to-Asset is 0.35 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 National Industries Group HoldingK (DFM:NIND) Overvalued in 2026?
Based on GuruFocus' analysis, National Industries Group HoldingK stock appears to be overvalued.
The current stock price of د.إ3.37 is trading 42.8% above its estimated GF Value™ of د.إ2.36.
GuruFocus considers National Industries Group HoldingK to be Significantly Overvalued.
Key valuation signals for DFM:NIND:
Equity-to-Asset: 0.35 (17% above median its 10-year median of 0.30)
GF Value™: د.إ2.36 vs. price of د.إ3.37 (42.8% above fair value)
Industry Position: 22.2% below the Conglomerates median (#368 of 557)
No single metric tells the full story. See the DFM:NIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Industries Group Holding SAK operates in investment and its objectives are owning stocks and shares, lending money, owning industrial equities such as patents, and royalties, and owning real estate and movable property. The company has four segments Investments, Building Materials and Contracting services, Specialist Engineering and Hotel and IT operations. Geographically, it generates the majority of revenue from the Kuwait region.
37GF Score
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