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NMDC Group PJSCADX:NMDC +2.05%85 ROC (Joel Greenblatt) % is 72.74% as of Jun. 2026, which is 227% above its 10-year median of 22.27. GuruFocus rates ADX:NMDC with a GF Score™ of 85/100 and a GF Value™ of د.إ28.45 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,780 Construction companies, NMDC Group PJSC ranks better than 79.16% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. NMDC Group PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 72.74%.
The historical rank and industry rank for NMDC Group PJSC's ROC (Joel Greenblatt) % or its related term are showing as below:
ADX:NMDC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.64 Med: 22.27 Max: 61
Current: 56.98
During the past 13 years, NMDC Group PJSC's highest ROC (Joel Greenblatt) % was 61.00%. The lowest was 4.64%. And the median was 22.27%.
ADX:NMDC's ROC (Joel Greenblatt) % is ranked better than 79.16% of 1780
companies
in the Construction industry
Industry Median: 19.77
vs ADX:NMDC: 56.98
NMDC Group PJSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 42.60% per year.
NMDC Group PJSC (ADX:NMDC) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
NMDC Group PJSC ROC (Joel Greenblatt) % Related Terms
NMDC Group PJSC ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for NMDC Group PJSC's ROC (Joel Greenblatt) % 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.
ADX:NMDC vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, NMDC Group PJSC's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.
NMDC Group PJSC ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, NMDC Group PJSC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NMDC Group PJSC's ROC (Joel Greenblatt) % falls into.
NMDC Group PJSC ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Jun. 2026) EBIT 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.
What does a ROC (Joel Greenblatt) % of 72.74% mean?
NMDC Group PJSC (ADX:NMDC) has a ROC (Joel Greenblatt) % of 72.74% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on NMDC Group PJSC and its competitors. This is 227% above median its historical median of 22.27. Over the past decade, NMDC Group PJSC's ROC (Joel Greenblatt) % has ranged from 4.64 to 61.00. According to the industry distribution chart, NMDC Group PJSC ranks #371 out of 1780 companies in the Construction industry, placing it in the top 20.8%.
Is NMDC Group PJSC's ROC (Joel Greenblatt) % too high?
NMDC Group PJSC's current ROC (Joel Greenblatt) % of 72.74% is 227% above median its 10-year median of 22.27. Over the past 10 years, this metric has ranged from a low of 4.64 to a high of 61.00. The Construction industry median ROC (Joel Greenblatt) % is 19.77. NMDC Group PJSC's value of 72.74% is 267.9% above this industry median. Based on the distribution chart, NMDC Group PJSC ranks #371 out of 1780 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, NMDC Group PJSC has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NMDC Group PJSC's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, NMDC Group PJSC ranks #371 out of 1780 companies for ROC (Joel Greenblatt) %. This places NMDC Group PJSC in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.77. NMDC Group PJSC's value of 72.74% is 267.9% above this benchmark. Historically, NMDC Group PJSC's own ROC (Joel Greenblatt) % has ranged from 4.64 to 61.00 over the past decade. While the company's 10-year median is 22.27 vs. the industry median of 19.77, NMDC Group PJSC 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 ROC (Joel Greenblatt) % for a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.77, based on 1,780 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NMDC Group PJSC's current ROC (Joel Greenblatt) % of 72.74% is 267.9% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on NMDC Group PJSC and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Group PJSC's current ROC (Joel Greenblatt) % is 72.74%, which is 227% above median its own 10-year median of 22.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, NMDC Group PJSC (ADX:NMDC) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ28.45, compared to a current price of د.إ22.86 — trading 19.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 72.74%, which is 227% above median its 10-year median of 22.27 and 267.9% above the Construction industry median of 19.77. NMDC Group PJSC's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For NMDC Group PJSC (ADX:NMDC), the current ROC (Joel Greenblatt) % is 72.74% 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 NMDC Group PJSC (ADX:NMDC) Overvalued in 2026?
Based on GuruFocus' analysis, NMDC Group PJSC stock appears to be undervalued.
The current stock price of د.إ22.86 is trading 19.6% below its estimated GF Value™ of د.إ28.45.
GuruFocus considers NMDC Group PJSC to be Modestly Undervalued.
Key valuation signals for ADX:NMDC:
ROC (Joel Greenblatt) %: 72.74% (227% above median its 10-year median of 22.27)
GF Value™: د.إ28.45 vs. price of د.إ22.86 (19.6% below fair value)
Industry Position: 267.9% above the Construction median (#371 of 1780)
No single metric tells the full story. See the ADX:NMDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NMDC Group PJSC operates as an integrated provider of Engineering, Procurement and Construction (EPC) services for onshore, offshore, and marine projects. The company's activities include marine dredging, logistics, and technical services, and marine engineering and construction. Geographically, it operates across the Middle East, Southeast Asia, and other international markets. The company's operations are structured under five business units: NMDC Dredging & Marine, NMDC Energy, NMDC Infra, NMDC Logistics & Technical Services, and NMDC Engineering. It has aggregated its segments into Dredging & Marine and Energy, with the majority of revenue from the Energy segment.
85GF Score
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