NMDC Energy PJSC (ADX:NMDCENR) ROC (Joel Greenblatt) %: 22.30% (As of Jun. 2026) — 50% Below Median

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ADX:NMDCENR NMDC Energy PJSC ADX:NMDCENR
28 GF Score
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What is NMDC Energy PJSC ROC (Joel Greenblatt) %?

NMDC Energy PJSC ADX:NMDCENR +1.76% 28 ROC (Joel Greenblatt) % is 22.30% as of Jun. 2026, which is 50% below its 10-year median of 44.63. GuruFocus rates ADX:NMDCENR with a GF Score™ of 28/100. The stock has 5 warning signs investors should review. Among 1,007 Oil & Gas companies, NMDC Energy PJSC ranks better than 87.59% 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 Energy PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 22.30%.

The historical rank and industry rank for NMDC Energy PJSC's ROC (Joel Greenblatt) % or its related term are showing as below:

ADX:NMDCENR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.49   Med: 44.63   Max: 45.51
Current: 35.69

During the past 3 years, NMDC Energy PJSC's highest ROC (Joel Greenblatt) % was 45.51%. The lowest was 26.49%. And the median was 44.63%.

ADX:NMDCENR's ROC (Joel Greenblatt) % is ranked better than
87.59% of 1007 companies
in the Oil & Gas industry
Industry Median: 9.51 vs ADX:NMDCENR: 35.69

NMDC Energy PJSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


NMDC Energy PJSC  (ADX:NMDCENR) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


NMDC Energy PJSC ROC (Joel Greenblatt) % Related Terms


NMDC Energy PJSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for NMDC Energy 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.

NMDC Energy PJSC ROC (Joel Greenblatt) % Chart

NMDC Energy PJSC Annual Data
Trend Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
26.49 45.51 44.63

NMDC Energy PJSC Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.45 38.89 72.85 9.14 22.30

ADX:NMDCENR vs COP, EOG, FANG: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas E&P subindustry, NMDC Energy 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 Energy PJSC ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NMDC Energy PJSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where NMDC Energy PJSC's ROC (Joel Greenblatt) % falls into.


ADX:NMDCENR
28GF Score
NMDC Energy PJSC ADX:NMDCENR
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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NMDC Energy 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3280.689 + 259.036 + 2669.447) - (2869.867 + 0 + 9901.43)
=-6562.125

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3897.835 + 403.794 + 2898.394) - (3079.558 + 0 + 10040.381)
=-5919.916

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of NMDC Energy PJSC for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=971.428/( ( (4366.809 + max(-6562.125, 0)) + (4346.525 + max(-5919.916, 0)) )/ 2 )
=971.428/( ( 4366.809 + 4346.525 )/ 2 )
=971.428/4356.667
=22.30 %

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 22.30% mean?
NMDC Energy PJSC (ADX:NMDCENR) has a ROC (Joel Greenblatt) % of 22.30% 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 Energy PJSC and its competitors. This is 50% below median its historical median of 44.63. Over the past decade, NMDC Energy PJSC's ROC (Joel Greenblatt) % has ranged from 26.49 to 45.51. According to the industry distribution chart, NMDC Energy PJSC ranks #125 out of 1007 companies in the Oil & Gas industry, placing it in the top 12.4%.
Is NMDC Energy PJSC's ROC (Joel Greenblatt) % too high?
NMDC Energy PJSC's current ROC (Joel Greenblatt) % of 22.30% is 50% below median its 10-year median of 44.63. Over the past 10 years, this metric has ranged from a low of 26.49 to a high of 45.51. The Oil & Gas industry median ROC (Joel Greenblatt) % is 9.51. NMDC Energy PJSC's value of 22.30% is 134.5% above this industry median. Based on the distribution chart, NMDC Energy PJSC ranks #125 out of 1007 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NMDC Energy PJSC has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does NMDC Energy PJSC's ROC (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NMDC Energy PJSC ranks #125 out of 1007 companies for ROC (Joel Greenblatt) %. This places NMDC Energy PJSC in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.51. NMDC Energy PJSC's value of 22.30% is 134.5% above this benchmark. Historically, NMDC Energy PJSC's own ROC (Joel Greenblatt) % has ranged from 26.49 to 45.51 over the past decade. While the company's 10-year median is 44.63 vs. the industry median of 9.51, NMDC Energy 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 9.51, based on 1,007 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 Energy PJSC's current ROC (Joel Greenblatt) % of 22.30% is 134.5% 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 Energy PJSC and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 9.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Energy PJSC's current ROC (Joel Greenblatt) % is 22.30%, which is 50% below median its own 10-year median of 44.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Energy PJSC stock overvalued right now?
NMDC Energy PJSC (ADX:NMDCENR) has a current ROC (Joel Greenblatt) % of 22.30%. The current ROC (Joel Greenblatt) % is 22.30%, which is 50% below median its 10-year median of 44.63 and 134.5% above the Oil & Gas industry median of 9.51. NMDC Energy PJSC's overall GF Score™ is 28/100 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 Energy PJSC (ADX:NMDCENR), the current ROC (Joel Greenblatt) % is 22.30% 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.

NMDC Energy PJSC Business Description

Industry EnergyOil & Gas
Address Mussafah, P.O Box. 2058, Abu Dhabi, ARE
NMDC Energy PJSC is engaged in engineering, procurement, and construction solutions for clients in the onshore and offshore oil and gas sectors. Its projects include MERAM, Umm Lulu full field development, Estidama, Satah full field development, and others projects. The Group has aggregated its geographical segments into UAE and International. UAE segment includes projects in the UAE, while international segment includes operations in Kingdom of Saudi Arabia, Bahrain, India, Taiwan, and Kuwait.
28GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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