Shuaa Capital PSC (DFM:SHUAA) ROC (Joel Greenblatt) %: -382.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

DFM:SHUAA Shuaa Capital PSC DFM:SHUAA
24 GF Score
Price د.إ0.20
GF Value د.إ0.09
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Shuaa Capital PSC ROC (Joel Greenblatt) %?

Shuaa Capital PSC DFM:SHUAA 24 ROC (Joel Greenblatt) % is -382.00% as of Mar. 2026. GuruFocus rates DFM:SHUAA with a GF Score™ of 24/100 and a GF Value™ of د.إ0.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 626 Asset Management companies, Shuaa Capital PSC ranks worse than 86.74% 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. Shuaa Capital PSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -382.00%.

The historical rank and industry rank for Shuaa Capital PSC's ROC (Joel Greenblatt) % or its related term are showing as below:

DFM:SHUAA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4487.37   Med: 133.56   Max: 1923.94
Current: -578.02

During the past 13 years, Shuaa Capital PSC's highest ROC (Joel Greenblatt) % was 1923.94%. The lowest was -4487.37%. And the median was 133.56%.

DFM:SHUAA's ROC (Joel Greenblatt) % is ranked worse than
86.74% of 626 companies
in the Asset Management industry
Industry Median: 63.66 vs DFM:SHUAA: -578.02

Shuaa Capital PSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Shuaa Capital PSC  (DFM:SHUAA) 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.


Shuaa Capital PSC ROC (Joel Greenblatt) % Related Terms


Shuaa Capital PSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Shuaa Capital PSC'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.

Shuaa Capital PSC ROC (Joel Greenblatt) % Chart

Shuaa Capital PSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.76 398.87 -4,487.37 -1,485.45 1,923.94

Shuaa Capital PSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11,670.69 2,456.97 -746.44 -2,717.19 -382.00

DFM:SHUAA vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison

For the Asset Management subindustry, Shuaa Capital PSC'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.


Shuaa Capital PSC ROC (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Shuaa Capital PSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Shuaa Capital PSC's ROC (Joel Greenblatt) % falls into.


DFM:SHUAA
24GF Score
Shuaa Capital PSC DFM:SHUAA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shuaa Capital PSC 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.204 + 0 + 26.971) - (65.996 + 0 + 110.413)
=-105.234

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50.847 + 0 + 12.44) - (72.098 + 0 + 30.049)
=-38.86

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Shuaa Capital PSC for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-34.668/( ( (10.052 + max(-105.234, 0)) + (8.099 + max(-38.86, 0)) )/ 2 )
=-34.668/( ( 10.052 + 8.099 )/ 2 )
=-34.668/9.0755
=-382.00 %

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 -382.00% mean?
Shuaa Capital PSC (DFM:SHUAA) has a ROC (Joel Greenblatt) % of -382.00% 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 Shuaa Capital PSC and its competitors. According to the industry distribution chart, Shuaa Capital PSC ranks #543 out of 626 companies in the Asset Management industry, placing it in the top 86.7%.
Is Shuaa Capital PSC's ROC (Joel Greenblatt) % too high?
Shuaa Capital PSC's current ROC (Joel Greenblatt) % is -382.00%. Based on the distribution chart, Shuaa Capital PSC ranks #543 out of 626 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Shuaa Capital PSC has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shuaa Capital PSC's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Shuaa Capital PSC ranks #543 out of 626 companies for ROC (Joel Greenblatt) %. This places Shuaa Capital PSC in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 63.66. 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 Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.66, based on 626 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. 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 Shuaa Capital PSC and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuaa Capital PSC's current ROC (Joel Greenblatt) % is -382.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuaa Capital PSC stock overvalued right now?
Based on GuruFocus' analysis, Shuaa Capital PSC (DFM:SHUAA) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ0.09, compared to a current price of د.إ0.20 — trading 125.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is -382.00%. Shuaa Capital PSC's overall GF Score™ is 24/100 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 Shuaa Capital PSC (DFM:SHUAA), the current ROC (Joel Greenblatt) % is -382.00% 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 Shuaa Capital PSC (DFM:SHUAA) Overvalued in 2026?

Based on GuruFocus' analysis, Shuaa Capital PSC stock appears to be overvalued. The current stock price of د.إ0.20 is trading 125.6% above its estimated GF Value™ of د.إ0.09. GuruFocus considers Shuaa Capital PSC to be Significantly Overvalued.

Key valuation signals for DFM:SHUAA:

  • ROC (Joel Greenblatt) %: -382.00%
  • GF Value™: د.إ0.09 vs. price of د.إ0.20 (125.6% above fair value)
  • GF Score™: 24/100 with 5 warning signs

No single metric tells the full story. See the DFM:SHUAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shuaa Capital PSC Business Description

Address The H Hotel Dubai, Office Tower, Level 15, Office No. 1502, Dubai, ARE
Shuaa Capital PSC is an investment company that provides a range of asset management, corporate finance advisory, capital markets, lending, and credit services to institutions, governments, and small and medium-sized enterprises. Its operating segments include Asset Management, Investment Banking, and Corporate. It acts as a banking, finance, and investment advisor and a financial and monetary intermediary to the company. The company operates mainly in the Arab region in general, the U.A.E., and G.C.C. markets, & is actively involved in public & private capital markets in the region. The majority of its revenue is derived from the asset management segment, which manages real estate funds & projects, investment portfolios, and funds in the regional equities, fixed income, & other sectors.
24GF Score

Get the complete analysis for DFM:SHUAA

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

د.إ0.20
Price
د.إ0.09
GF Value