National Industries Group HoldingK (DFM:NIND) Return-on-Tangible-Equity: -6.93% (As of Mar. 2026)


DFM:NIND National Industries Group Holding SAK DFM:NIND
37 GF Score
Price د.إ3.40
GF Value د.إ2.34
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is National Industries Group HoldingK Return-on-Tangible-Equity?

National Industries Group HoldingK DFM:NIND 37 Return-on-Tangible-Equity is -6.93% as of Mar. 2026. GuruFocus rates DFM:NIND with a GF Score™ of 37/100 and a GF Value™ of د.إ2.34 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 549 Conglomerates companies, National Industries Group HoldingK ranks better than 52.82% 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. National Industries Group HoldingK's annualized net income for the quarter that ended in Mar. 2026 was د.إ-481 Mil. National Industries Group HoldingK's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ6,937 Mil. Therefore, National Industries Group HoldingK's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -6.93%.

The historical rank and industry rank for National Industries Group HoldingK's Return-on-Tangible-Equity or its related term are showing as below:

DFM:NIND' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.23   Med: 6.23   Max: 21.97
Current: 8.04

During the past 13 years, National Industries Group HoldingK's highest Return-on-Tangible-Equity was 21.97%. The lowest was -15.23%. And the median was 6.23%.

DFM:NIND's Return-on-Tangible-Equity is ranked better than
52.82% of 549 companies
in the Conglomerates industry
Industry Median: 7.44 vs DFM:NIND: 8.04

National Industries Group HoldingK  (DFM:NIND) 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 Industries Group HoldingK Return-on-Tangible-Equity Related Terms


National Industries Group HoldingK Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for National Industries Group HoldingK'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.

National Industries Group HoldingK Return-on-Tangible-Equity Chart

National Industries Group HoldingK Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.97 4.89 5.21 11.64 13.06

National Industries Group HoldingK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.13 15.61 8.83 15.08 -6.93

DFM:NIND vs HON, MMM: Return-on-Tangible-Equity Comparison

For the Conglomerates subindustry, National Industries Group HoldingK'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 Industries Group HoldingK Return-on-Tangible-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, National Industries Group HoldingK's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where National Industries Group HoldingK's Return-on-Tangible-Equity falls into.


DFM:NIND
37GF Score
National Industries Group Holding SAK DFM:NIND
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Industries Group HoldingK Return-on-Tangible-Equity Calculation

National Industries Group HoldingK's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=877.97/( (6438.238+7001.878 )/ 2 )
=877.97/6720.058
=13.06 %

National Industries Group HoldingK's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-480.86/( (7001.878+6873.024)/ 2 )
=-480.86/6937.451
=-6.93 %

* 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 -6.93% mean?
National Industries Group HoldingK (DFM:NIND) has a Return-on-Tangible-Equity of -6.93% 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 Industries Group HoldingK and its competitors. According to the industry distribution chart, National Industries Group HoldingK ranks #259 out of 549 companies in the Conglomerates industry, placing it in the top 47.2%.
Is National Industries Group HoldingK's Return-on-Tangible-Equity too high?
National Industries Group HoldingK's current Return-on-Tangible-Equity is -6.93%. Based on the distribution chart, National Industries Group HoldingK ranks #259 out of 549 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-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, National Industries Group HoldingK ranks #259 out of 549 companies for Return-on-Tangible-Equity. This puts National Industries Group HoldingK in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.44. 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 a Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 549 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. 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 Industries Group HoldingK and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — 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-Equity is -6.93%. 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.إ3.40 — trading 45.3% above its estimated fair value. The current Return-on-Tangible-Equity is -6.93%. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For National Industries Group HoldingK (DFM:NIND), the current Return-on-Tangible-Equity is -6.93% 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.إ3.40 is trading 45.3% 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-Equity: -6.93%
  • GF Value™: د.إ2.34 vs. price of د.إ3.40 (45.3% above fair value)
  • GF Score™: 37/100 with 8 warning signs

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

Other Exchanges NIND:Kuwait
Address Shuwaikh - Jahra Road Interchange, P.O. Box 417, Beside kuwait Red Cresent Society, Safat, Kuwait City, KWT, 13005
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-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ3.40
Price
د.إ2.34
GF Value