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NMDC Energy PJSCADX:NMDCENR -1.76%29 Return-on-Tangible-Equity is 5.52% as of Mar. 2026, which is 80% below its 10-year median of 28.21. GuruFocus rates ADX:NMDCENR with a GF Score™ of 29/100. The stock has 4 warning signs investors should review. Among 943 Oil & Gas companies, NMDC Energy PJSC ranks better than 85.37% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. NMDC Energy PJSC's annualized net income for the quarter that ended in Mar. 2026 was د.إ318 Mil. NMDC Energy PJSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ5,770 Mil. Therefore, NMDC Energy PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.52%.
The historical rank and industry rank for NMDC Energy PJSC's Return-on-Tangible-Equity or its related term are showing as below:
ADX:NMDCENR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.99 Med: 28.21 Max: 28.66
Current: 27.19
During the past 3 years, NMDC Energy PJSC's highest Return-on-Tangible-Equity was 28.66%. The lowest was 16.99%. And the median was 28.21%.
ADX:NMDCENR's Return-on-Tangible-Equity is ranked better than 85.37% of 943
companies
in the Oil & Gas industry
Industry Median: 6.79
vs ADX:NMDCENR: 27.19
NMDC Energy PJSC (ADX:NMDCENR) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
NMDC Energy PJSC Return-on-Tangible-Equity Related Terms
NMDC Energy PJSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NMDC Energy PJSC's Return-on-Tangible-Equity 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.
ADX:NMDCENR vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, NMDC Energy PJSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
NMDC Energy PJSC Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NMDC Energy PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NMDC Energy PJSC's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.52% mean?
NMDC Energy PJSC (ADX:NMDCENR) has a Return-on-Tangible-Equity of 5.52% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NMDC Energy PJSC and its competitors. This is 80% below median its historical median of 28.21. Over the past decade, NMDC Energy PJSC's Return-on-Tangible-Equity has ranged from 16.99 to 28.66. According to the industry distribution chart, NMDC Energy PJSC ranks #138 out of 943 companies in the Oil & Gas industry, placing it in the top 14.6%.
Is NMDC Energy PJSC's Return-on-Tangible-Equity too high?
NMDC Energy PJSC's current Return-on-Tangible-Equity of 5.52% is 80% below median its 10-year median of 28.21. Over the past 10 years, this metric has ranged from a low of 16.99 to a high of 28.66. The Oil & Gas industry median Return-on-Tangible-Equity is 6.79. NMDC Energy PJSC's value of 5.52% is 18.7% below this industry median. Based on the distribution chart, NMDC Energy PJSC ranks #138 out of 943 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NMDC Energy PJSC has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does NMDC Energy PJSC's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NMDC Energy PJSC ranks #138 out of 943 companies for Return-on-Tangible-Equity. This places NMDC Energy PJSC in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.79. NMDC Energy PJSC's value of 5.52% is 18.7% below this benchmark. Historically, NMDC Energy PJSC's own Return-on-Tangible-Equity has ranged from 16.99 to 28.66 over the past decade. While the company's 10-year median is 28.21 vs. the industry median of 6.79, NMDC Energy PJSC 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 Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.79, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NMDC Energy PJSC's current Return-on-Tangible-Equity of 5.52% is 18.7% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NMDC Energy PJSC and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Energy PJSC's current Return-on-Tangible-Equity is 5.52%, which is 80% below median its own 10-year median of 28.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Energy PJSC stock overvalued right now?
NMDC Energy PJSC (ADX:NMDCENR) has a current Return-on-Tangible-Equity of 5.52%. The current Return-on-Tangible-Equity is 5.52%, which is 80% below median its 10-year median of 28.21 and 18.7% below the Oil & Gas industry median of 6.79. NMDC Energy PJSC's overall GF Score™ is 29/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For NMDC Energy PJSC (ADX:NMDCENR), the current Return-on-Tangible-Equity is 5.52% 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.
NMDC Energy PJSC is engaged in engineering, procurement, and construction solutions for clients in the onshore and offshore oil and gas sectors. Its projects include MERAM, Umm Lulu full field development, Estidama, Satah full field development, and others projects. The Group has aggregated its geographical segments into UAE and International. UAE segment includes projects in the UAE, while international segment includes operations in Kingdom of Saudi Arabia, Bahrain, India, Taiwan, and Kuwait.
29GF Score
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