National General Insurance Co PSCDFM:NGI 74 Return-on-Tangible-Equity is 10.54% as of Mar. 2026, which is 0% below its 10-year median of 10.58. GuruFocus rates DFM:NGI with a GF Score™ of 74/100 and a GF Value™ of د.إ6.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 498 Insurance companies, National General Insurance Co PSC ranks better than 55.02% on this metric.
The historical rank and industry rank for National General Insurance Co PSC's Return-on-Tangible-Equity or its related term are showing as below:
DFM:NGI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.81 Med: 10.58 Max: 21.03
Current: 14.93
During the past 13 years, National General Insurance Co PSC's highest Return-on-Tangible-Equity was 21.03%. The lowest was 3.81%. And the median was 10.58%.
DFM:NGI's Return-on-Tangible-Equity is ranked better than 55.02% of 498
companies
in the Insurance industry
Industry Median: 13.515
vs DFM:NGI: 14.93
National General Insurance Co PSC (DFM:NGI) 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.
National General Insurance Co PSC Return-on-Tangible-Equity Related Terms
National General Insurance Co PSC Return-on-Tangible-Equity 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 General Insurance Co PSC Return-on-Tangible-Equity Chart
DFM:NGI vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison
For the Insurance - Diversified subindustry, National General Insurance Co PSC'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.
National General Insurance Co PSC Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, National General Insurance Co PSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where National General Insurance Co PSC'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 10.54% mean?
National General Insurance Co PSC (DFM:NGI) has a Return-on-Tangible-Equity of 10.54% 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 National General Insurance Co PSC and its competitors. This is near median its historical median of 10.58. Over the past decade, National General Insurance Co PSC's Return-on-Tangible-Equity has ranged from 3.81 to 21.03. According to the industry distribution chart, National General Insurance Co PSC ranks #224 out of 498 companies in the Insurance industry, placing it in the top 45%.
Is National General Insurance Co PSC's Return-on-Tangible-Equity too high?
National General Insurance Co PSC's current Return-on-Tangible-Equity of 10.54% is near median its 10-year median of 10.58. Over the past 10 years, this metric has ranged from a low of 3.81 to a high of 21.03. The Insurance industry median Return-on-Tangible-Equity is 13.52. National General Insurance Co PSC's value of 10.54% is 22% below this industry median. Based on the distribution chart, National General Insurance Co PSC ranks #224 out of 498 companies in the Insurance industry, which is above the industry midpoint. Overall, National General Insurance Co PSC has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National General Insurance Co PSC's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, National General Insurance Co PSC ranks #224 out of 498 companies for Return-on-Tangible-Equity. This puts National General Insurance Co PSC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.52. National General Insurance Co PSC's value of 10.54% is 22% below this benchmark. Historically, National General Insurance Co PSC's own Return-on-Tangible-Equity has ranged from 3.81 to 21.03 over the past decade. While the company's 10-year median is 10.58 vs. the industry median of 13.52, National General Insurance Co PSC 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 Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.52, based on 498 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. National General Insurance Co PSC's current Return-on-Tangible-Equity of 10.54% is 22% 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 National General Insurance Co PSC and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National General Insurance Co PSC's current Return-on-Tangible-Equity is 10.54%, which is near median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National General Insurance Co PSC stock overvalued right now?
Based on GuruFocus' analysis, National General Insurance Co PSC (DFM:NGI) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ6.67, compared to a current price of د.إ5.85 — trading 12.3% below its estimated fair value. The current Return-on-Tangible-Equity is 10.54%, which is near median its 10-year median of 10.58 and 22% below the Insurance industry median of 13.52. National General Insurance Co PSC's overall GF Score™ is 74/100 with 3 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 National General Insurance Co PSC (DFM:NGI), the current Return-on-Tangible-Equity is 10.54% 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 General Insurance Co PSC (DFM:NGI) Overvalued in 2026?
Based on GuruFocus' analysis, National General Insurance Co PSC stock appears to be undervalued.
The current stock price of د.إ5.85 is trading 12.3% below its estimated GF Value™ of د.إ6.67.
GuruFocus considers National General Insurance Co PSC to be Modestly Undervalued.
Key valuation signals for DFM:NGI:
Return-on-Tangible-Equity: 10.54% (near median its 10-year median of 10.58)
GF Value™: د.إ6.67 vs. price of د.إ5.85 (12.3% below fair value)
Industry Position: 22% below the Insurance median (#224 of 498)
No single metric tells the full story. See the DFM:NGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National General Insurance Co PSC Business Description
National General Insurance Co PSC is an insurance service provider. The company operates in two segments namely insurance and investments. Its majority of the revenue is derived from the General Insurance segment. The company products portfolio includes Motor, Marine, Property and Casualty, Construction, Engineering, Life Protection, Savings, Investment and Health or Medical Insurance.
74GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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