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National Industries Co KSCKUW:NICBM -3.23%47 Return-on-Tangible-Equity is 4.38% as of Jun. 2026, which is 5% below its 10-year median of 4.59. GuruFocus rates KUW:NICBM with a GF Score™ of 47/100 and a GF Value™ of KWD0.23 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,709 Construction companies, National Industries Co KSC ranks worse than 66.59% 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 Co KSC's annualized net income for the quarter that ended in Jun. 2026 was KWD3.86 Mil. National Industries Co KSC's average shareholder tangible equity for the quarter that ended in Jun. 2026 was KWD88.15 Mil. Therefore, National Industries Co KSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 4.38%.
The historical rank and industry rank for National Industries Co KSC's Return-on-Tangible-Equity or its related term are showing as below:
KUW:NICBM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.07 Med: 4.59 Max: 6.78
Current: 3.26
During the past 13 years, National Industries Co KSC's highest Return-on-Tangible-Equity was 6.78%. The lowest was -0.07%. And the median was 4.59%.
KUW:NICBM's Return-on-Tangible-Equity is ranked worse than 66.59% of 1709
companies
in the Construction industry
Industry Median: 8.2
vs KUW:NICBM: 3.26
National Industries Co KSC (KUW:NICBM) 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 Co KSC Return-on-Tangible-Equity Related Terms
National Industries Co KSC 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 Industries Co KSC Return-on-Tangible-Equity Chart
KUW:NICBM vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, National Industries Co KSC'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 Co KSC Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, National Industries Co KSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where National Industries Co KSC'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.38% mean?
National Industries Co KSC (KUW:NICBM) has a Return-on-Tangible-Equity of 4.38% as of Jun. 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 Co KSC and its competitors. This is near median its historical median of 4.59. According to the industry distribution chart, National Industries Co KSC ranks #1138 out of 1709 companies in the Construction industry, placing it in the top 66.6%.
Is National Industries Co KSC's Return-on-Tangible-Equity too high?
National Industries Co KSC's current Return-on-Tangible-Equity of 4.38% is near median its 10-year median of 4.59. The Construction industry median Return-on-Tangible-Equity is 8.20. National Industries Co KSC's value of 4.38% is 46.6% below this industry median. Based on the distribution chart, National Industries Co KSC ranks #1138 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, National Industries Co KSC has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industries Co KSC's Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, National Industries Co KSC ranks #1138 out of 1709 companies for Return-on-Tangible-Equity. This places National Industries Co KSC in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.20. National Industries Co KSC's value of 4.38% is 46.6% below this benchmark. While the company's 10-year median is 4.59 vs. the industry median of 8.20, National Industries Co KSC 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 a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.20, based on 1,709 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 Industries Co KSC's current Return-on-Tangible-Equity of 4.38% is 46.6% 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 Industries Co KSC and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industries Co KSC's current Return-on-Tangible-Equity is 4.38%, which is near median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Industries Co KSC (KUW:NICBM) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.23, compared to a current price of KWD0.27 — trading 16.1% above its estimated fair value. The current Return-on-Tangible-Equity is 4.38%, which is near median its 10-year median of 4.59 and 46.6% below the Construction industry median of 8.20. National Industries Co KSC's overall GF Score™ is 47/100 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 Co KSC (KUW:NICBM), the current Return-on-Tangible-Equity is 4.38% as of Jun. 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 Co KSC (KUW:NICBM) Overvalued in 2026?
Based on GuruFocus' analysis, National Industries Co KSC stock appears to be overvalued.
The current stock price of KWD0.27 is trading 16.1% above its estimated GF Value™ of KWD0.23.
GuruFocus considers National Industries Co KSC to be Modestly Overvalued.
Key valuation signals for KUW:NICBM:
Return-on-Tangible-Equity: 4.38% (near median its 10-year median of 4.59)
GF Value™: KWD0.23 vs. price of KWD0.27 (16.1% above fair value)
Industry Position: 46.6% below the Construction median (#1138 of 1709)
No single metric tells the full story. See the KUW:NICBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Industries Co KSC is a company specializing in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. The business has four business segments which include building materials and contracting services, the Oil sector, Real estate, and investments. The majority of its revenue derives from the building materials and contracting services segment.
47GF Score
Get the complete analysis for KUW:NICBM
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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