Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. The National Investor Co's annualizedNet Income for the quarter that ended in Dec. 2025 was د.إ4.98 Mil.
The National Investor Co's average Total Assets over the quarter that ended in Dec. 2025 was د.إ275.65 Mil. Therefore, The National Investor Co's annualized ROA % for the quarter that ended in Dec. 2025 was 1.81%.
The historical rank and industry rank for The National Investor Co's ROA % or its related term are showing as below:
ADX:TNI'
s ROA % Range Over the Past 10 Years
Min: -6.32 Med: -1.06 Max: 6.33
Current: 1.64
During the past 13 years, The National Investor Co's highest ROA % was 6.33%. The lowest was -6.32%. And the median was -1.06%.
ADX:TNI's ROA % is not ranked
in the Asset Management industry.
Industry Median: 4.11
vs ADX:TNI: 1.64
The National Investor Co (ADX:TNI) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Asset Management subindustry, The National Investor Co's ROA %, along with its competitors' market caps and ROA % 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.
The National Investor Co ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, The National Investor Co's ROA % distribution charts can be found below:
* The bar in red indicates where The National Investor Co's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
The National Investor Co (ADX:TNI) has a ROA % of 1.81% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on The National Investor Co and its competitors.
Is The National Investor Co's ROA % too high?
The National Investor Co's current ROA % is 1.81%. The Asset Management industry median ROA % is 4.11. The National Investor Co's value of 1.81% is 56% below this industry median. Overall, The National Investor Co has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does The National Investor Co's ROA % compare to BLK and BX?
The National Investor Co's ROA % of 1.81% can be compared against companies in the Asset Management industry. The industry median ROA % is 4.11. The National Investor Co's value of 1.81% is 56% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 4.11, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The National Investor Co's current ROA % of 1.81% is 56% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on The National Investor Co and its competitors. For the Asset Management industry, the median ROA % is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The National Investor Co's current ROA % is 1.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The National Investor Co stock overvalued right now?
The National Investor Co (ADX:TNI) has a current ROA % of 1.81%. The stock's GF Value™ is د.إ0.94, compared to a current price of د.إ0.64 — trading 32% below its estimated fair value. The current ROA % is 1.81% and 56% below the Asset Management industry median of 4.11. The National Investor Co's overall GF Score™ is 31/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For The National Investor Co (ADX:TNI), the current ROA % is 1.81% as of Dec. 2025. 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 The National Investor Co (ADX:TNI) Overvalued in 2026?
Based on GuruFocus' analysis, The National Investor Co stock appears to be undervalued.
The current stock price of د.إ0.64 is trading 32% below its estimated GF Value™ of د.إ0.94.
Key valuation signals for ADX:TNI:
ROA %: 1.81%
GF Value™: د.إ0.94 vs. price of د.إ0.64 (32% below fair value)
Industry Position: 56% below the Asset Management median
No single metric tells the full story. See the ADX:TNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The National Investor Co and its subsidiaries are managed as an integrated investment and financial services company. The principal activities of the Group are private equity, real estate investment, and provision of consultancy, economic feasibility consultancy and studies, commercial agencies, and hospitality.
31GF Score
Get the complete analysis for ADX:TNI
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ADX:TNI has been successfully added to your 
