ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. National General Insurance Co PSC's annualizedNet Income for the quarter that ended in Mar. 2026 was د.إ73.7 Mil.
National General Insurance Co PSC's average Total Assets over the quarter that ended in Mar. 2026 was د.إ1,679.3 Mil. Therefore, National General Insurance Co PSC's annualized ROA % for the quarter that ended in Mar. 2026 was 4.39%.
DFM:NGI'
s ROA % Range Over the Past 10 Years
Min: 1.46 Med: 4.35 Max: 8.46
Current: 6.25
During the past 13 years, National General Insurance Co PSC's highest ROA % was 8.46%. The lowest was 1.46%. And the median was 4.35%.
DFM:NGI's ROA % is ranked better than 82.51% of 509
companies
in the Insurance industry
Industry Median: 2.67
vs DFM:NGI: 6.25
National General Insurance Co PSC (DFM:NGI) 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 four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
National General Insurance Co PSC ROA % Related Terms
National General Insurance Co PSC ROA % 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.
For the Insurance - Diversified subindustry, National General Insurance Co PSC'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.
National General Insurance Co PSC ROA % vs Insurance Industry
For the Insurance industry and Financial Services sector, National General Insurance Co PSC's ROA % distribution charts can be found below:
* The bar in red indicates where National General Insurance Co PSC'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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
National General Insurance Co PSC (DFM:NGI) has a ROA % of 4.39% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on National General Insurance Co PSC and its competitors. This is near median its historical median of 4.35. Over the past decade, National General Insurance Co PSC's ROA % has ranged from 1.46 to 8.46. According to the industry distribution chart, National General Insurance Co PSC ranks #89 out of 509 companies in the Insurance industry, placing it in the top 17.5%.
Is National General Insurance Co PSC's ROA % too high?
National General Insurance Co PSC's current ROA % of 4.39% is near median its 10-year median of 4.35. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 8.46. The Insurance industry median ROA % is 2.67. National General Insurance Co PSC's value of 4.39% is 64.4% above this industry median. Based on the distribution chart, National General Insurance Co PSC ranks #89 out of 509 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, National General Insurance Co PSC has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National General Insurance Co PSC's ROA % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, National General Insurance Co PSC ranks #89 out of 509 companies for ROA %. This places National General Insurance Co PSC in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 2.67. National General Insurance Co PSC's value of 4.39% is 64.4% above this benchmark. Historically, National General Insurance Co PSC's own ROA % has ranged from 1.46 to 8.46 over the past decade. While the company's 10-year median is 4.35 vs. the industry median of 2.67, National General Insurance Co PSC has consistently been above 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 ROA % for an Insurance company?
The median ROA % among Insurance companies is 2.67, based on 509 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. National General Insurance Co PSC's current ROA % of 4.39% is 64.4% above 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 National General Insurance Co PSC and its competitors. For the Insurance industry, the median ROA % is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National General Insurance Co PSC's current ROA % is 4.39%, which is near median its own 10-year median of 4.35. 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.إ6.65, compared to a current price of د.إ5.80 — trading 12.8% below its estimated fair value. The current ROA % is 4.39%, which is near median its 10-year median of 4.35 and 64.4% above the Insurance industry median of 2.67. National General Insurance Co PSC's overall GF Score™ is 76/100 with 3 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 National General Insurance Co PSC (DFM:NGI), the current ROA % is 4.39% 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.إ5.80 is trading 12.8% below its estimated GF Value™ of د.إ6.65.
GuruFocus considers National General Insurance Co PSC to be Modestly Undervalued.
Key valuation signals for DFM:NGI:
ROA %: 4.39% (near median its 10-year median of 4.35)
GF Value™: د.إ6.65 vs. price of د.إ5.80 (12.8% below fair value)
Industry Position: 64.4% above the Insurance median (#89 of 509)
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.
76GF Score
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