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The historical rank and industry rank for National Industries Group HoldingK's Return-on-Tangible-Asset or its related term are showing as below:
DFM:NIND'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.33 Med: 1.84 Max: 6.42
Current: 2.74
During the past 13 years, National Industries Group HoldingK's highest Return-on-Tangible-Asset was 6.42%. The lowest was -4.33%. And the median was 1.84%.
DFM:NIND's Return-on-Tangible-Asset is ranked better than 50.44% of 571
companies
in the Conglomerates industry
Industry Median: 2.69
vs DFM:NIND: 2.74
National Industries Group HoldingK (DFM:NIND) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
National Industries Group HoldingK Return-on-Tangible-Asset Related Terms
National Industries Group HoldingK Return-on-Tangible-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 Return-on-Tangible-Asset Chart
DFM:NIND vs HON, MMM: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, National Industries Group HoldingK's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, National Industries Group HoldingK's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where National Industries Group HoldingK's Return-on-Tangible-Asset falls into.
* 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-Asset, the net income of the last fiscal year and the average total tangible 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.
What does a Return-on-Tangible-Asset of -2.37% mean?
National Industries Group HoldingK (DFM:NIND) has a Return-on-Tangible-Asset of -2.37% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on National Industries Group HoldingK and its competitors. According to the industry distribution chart, National Industries Group HoldingK ranks #283 out of 571 companies in the Conglomerates industry, placing it in the top 49.6%.
Is National Industries Group HoldingK's Return-on-Tangible-Asset too high?
National Industries Group HoldingK's current Return-on-Tangible-Asset is -2.37%. Based on the distribution chart, National Industries Group HoldingK ranks #283 out of 571 companies in the Conglomerates industry, which is above 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 Return-on-Tangible-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, National Industries Group HoldingK ranks #283 out of 571 companies for Return-on-Tangible-Asset. This puts National Industries Group HoldingK in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.69. 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-Asset for a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.69, based on 571 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on National Industries Group HoldingK and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industries Group HoldingK's current Return-on-Tangible-Asset is -2.37%. 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.إ2.34, compared to a current price of د.إ3.37 — trading 44% above its estimated fair value. The current Return-on-Tangible-Asset is -2.37%. National Industries Group HoldingK's overall GF Score™ is 37/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For National Industries Group HoldingK (DFM:NIND), the current Return-on-Tangible-Asset is -2.37% 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 44% above its estimated GF Value™ of د.إ2.34.
GuruFocus considers National Industries Group HoldingK to be Significantly Overvalued.
Key valuation signals for DFM:NIND:
Return-on-Tangible-Asset: -2.37%
GF Value™: د.إ2.34 vs. price of د.إ3.37 (44% above fair value)
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 HoldingK Business Description
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
Get the complete analysis for DFM:NIND
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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