National Industries Group HoldingKDFM:NIND 37 ROC (Joel Greenblatt) % is 3.16% as of Mar. 2026, which is 93% below its 10-year median of 43.79. GuruFocus rates DFM:NIND with a GF Score™ of 37/100 and a GF Value™ of د.إ2.34 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 562 Conglomerates companies, National Industries Group HoldingK ranks better than 64.59% 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. National Industries Group HoldingK's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.16%.
The historical rank and industry rank for National Industries Group HoldingK's ROC (Joel Greenblatt) % or its related term are showing as below:
DFM:NIND'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -20.65 Med: 43.79 Max: 116.98
Current: 24.98
During the past 13 years, National Industries Group HoldingK's highest ROC (Joel Greenblatt) % was 116.98%. The lowest was -20.65%. And the median was 43.79%.
DFM:NIND's ROC (Joel Greenblatt) % is ranked better than 64.59% of 562
companies
in the Conglomerates industry
Industry Median: 14.7
vs DFM:NIND: 24.98
National Industries Group HoldingK (DFM:NIND) 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.
* 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 Group HoldingK ROC (Joel Greenblatt) % Chart
DFM:NIND vs HON, MMM: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, National Industries Group HoldingK'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.
National Industries Group HoldingK ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, National Industries Group HoldingK's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where National Industries Group HoldingK's ROC (Joel Greenblatt) % falls into.
National Industries Group HoldingK 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 (Mar. 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 3.16% mean?
National Industries Group HoldingK (DFM:NIND) has a ROC (Joel Greenblatt) % of 3.16% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on National Industries Group HoldingK and its competitors. This is 93% below median its historical median of 43.79. According to the industry distribution chart, National Industries Group HoldingK ranks #199 out of 562 companies in the Conglomerates industry, placing it in the top 35.4%.
Is National Industries Group HoldingK's ROC (Joel Greenblatt) % too high?
National Industries Group HoldingK's current ROC (Joel Greenblatt) % of 3.16% is 93% below median its 10-year median of 43.79. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.70. National Industries Group HoldingK's value of 3.16% is 78.5% below this industry median. Based on the distribution chart, National Industries Group HoldingK ranks #199 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, National Industries Group HoldingK has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industries Group HoldingK's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, National Industries Group HoldingK ranks #199 out of 562 companies for ROC (Joel Greenblatt) %. This puts National Industries Group HoldingK in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.70. National Industries Group HoldingK's value of 3.16% is 78.5% below this benchmark. While the company's 10-year median is 43.79 vs. the industry median of 14.70, National Industries Group HoldingK 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 ROC (Joel Greenblatt) % for a Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.70, based on 562 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. National Industries Group HoldingK's current ROC (Joel Greenblatt) % of 3.16% is 78.5% 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 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 National Industries Group HoldingK and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industries Group HoldingK's current ROC (Joel Greenblatt) % is 3.16%, which is 93% below median its own 10-year median of 43.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Group HoldingK stock overvalued right now?
Based on GuruFocus' analysis, National Industries Group HoldingK (DFM:NIND) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ2.34, compared to a current price of د.إ3.40 — trading 45.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.16%, which is 93% below median its 10-year median of 43.79 and 78.5% below the Conglomerates industry median of 14.70. National Industries Group HoldingK's overall GF Score™ is 37/100 with 8 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 National Industries Group HoldingK (DFM:NIND), the current ROC (Joel Greenblatt) % is 3.16% 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 Industries Group HoldingK (DFM:NIND) Overvalued in 2026?
Based on GuruFocus' analysis, National Industries Group HoldingK stock appears to be overvalued.
The current stock price of د.إ3.40 is trading 45.3% above its estimated GF Value™ of د.إ2.34.
GuruFocus considers National Industries Group HoldingK to be Significantly Overvalued.
Key valuation signals for DFM:NIND:
ROC (Joel Greenblatt) %: 3.16% (93% below median its 10-year median of 43.79)
GF Value™: د.إ2.34 vs. price of د.إ3.40 (45.3% above fair value)
Industry Position: 78.5% below the Conglomerates median (#199 of 562)
No single metric tells the full story. See the DFM:NIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Industries Group HoldingK Business Description
National Industries Group Holding SAK operates in investment and its objectives are owning stocks and shares, lending money, owning industrial equities such as patents, and royalties, and owning real estate and movable property. The company has four segments Investments, Building Materials and Contracting services, Specialist Engineering and Hotel and IT operations. Geographically, it generates the majority of revenue from the Kuwait region.
37GF Score
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