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.
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.
Noor Financial Investment CoKUW:NOOR +0.46%55 ROC (Joel Greenblatt) % is 1,069.96% as of Mar. 2026, which is 149% above its 10-year median of 430.54. GuruFocus rates KUW:NOOR with a GF Score™ of 55/100 and a GF Value™ of KWD0.40 (Fairly Valued). The stock has 5 warning signs investors should review. Among 627 Asset Management companies, Noor Financial Investment Co ranks better than 85.81% 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. Noor Financial Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,069.96%.
The historical rank and industry rank for Noor Financial Investment Co's ROC (Joel Greenblatt) % or its related term are showing as below:
KUW:NOOR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 49 Med: 430.54 Max: 2224.11
Current: 1494.28
During the past 13 years, Noor Financial Investment Co's highest ROC (Joel Greenblatt) % was 2224.11%. The lowest was 49.00%. And the median was 430.54%.
KUW:NOOR's ROC (Joel Greenblatt) % is ranked better than 85.81% of 627
companies
in the Asset Management industry
Industry Median: 63.35
vs KUW:NOOR: 1494.28
Noor Financial Investment Co (KUW:NOOR) 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.
Noor Financial Investment Co ROC (Joel Greenblatt) % Chart
KUW:NOOR vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Noor Financial Investment Co'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.
Noor Financial Investment Co ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Noor Financial Investment Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Noor Financial Investment Co's ROC (Joel Greenblatt) % falls into.
Noor Financial Investment Co 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 1,069.96% mean?
Noor Financial Investment Co (KUW:NOOR) has a ROC (Joel Greenblatt) % of 1,069.96% 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 Noor Financial Investment Co and its competitors. This is 149% above median its historical median of 430.54. Over the past decade, Noor Financial Investment Co's ROC (Joel Greenblatt) % has ranged from 49.00 to 2,224.11. According to the industry distribution chart, Noor Financial Investment Co ranks #89 out of 627 companies in the Asset Management industry, placing it in the top 14.2%.
Is Noor Financial Investment Co's ROC (Joel Greenblatt) % too high?
Noor Financial Investment Co's current ROC (Joel Greenblatt) % of 1,069.96% is 149% above median its 10-year median of 430.54. Over the past 10 years, this metric has ranged from a low of 49.00 to a high of 2,224.11. The Asset Management industry median ROC (Joel Greenblatt) % is 63.35. Noor Financial Investment Co's value of 1,069.96% is 1589% above this industry median. Based on the distribution chart, Noor Financial Investment Co ranks #89 out of 627 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Noor Financial Investment Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noor Financial Investment Co's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Noor Financial Investment Co ranks #89 out of 627 companies for ROC (Joel Greenblatt) %. This places Noor Financial Investment Co in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 63.35. Noor Financial Investment Co's value of 1,069.96% is 1589% above this benchmark. Historically, Noor Financial Investment Co's own ROC (Joel Greenblatt) % has ranged from 49.00 to 2,224.11 over the past decade. While the company's 10-year median is 430.54 vs. the industry median of 63.35, Noor Financial Investment Co 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 Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.35, based on 627 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. Noor Financial Investment Co's current ROC (Joel Greenblatt) % of 1,069.96% is 1589% 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 Noor Financial Investment Co and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noor Financial Investment Co's current ROC (Joel Greenblatt) % is 1,069.96%, which is 149% above median its own 10-year median of 430.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noor Financial Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Noor Financial Investment Co (KUW:NOOR) is currently considered Fairly Valued. The stock's GF Value™ is KWD0.40, compared to a current price of KWD0.43 — trading 8.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 1,069.96%, which is 149% above median its 10-year median of 430.54 and 1589% above the Asset Management industry median of 63.35. Noor Financial Investment Co's overall GF Score™ is 55/100 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 Noor Financial Investment Co (KUW:NOOR), the current ROC (Joel Greenblatt) % is 1,069.96% 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 Noor Financial Investment Co (KUW:NOOR) Overvalued in 2026?
Based on GuruFocus' analysis, Noor Financial Investment Co stock appears to be overvalued.
The current stock price of KWD0.43 is trading 8.2% above its estimated GF Value™ of KWD0.40.
GuruFocus considers Noor Financial Investment Co to be Fairly Valued.
Key valuation signals for KUW:NOOR:
ROC (Joel Greenblatt) %: 1,069.96% (149% above median its 10-year median of 430.54)
GF Value™: KWD0.40 vs. price of KWD0.43 (8.2% above fair value)
Industry Position: 1589% above the Asset Management median (#89 of 627)
No single metric tells the full story. See the KUW:NOOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noor Financial Investment Co is engaged in a wide range of investment and financial services activities. The Company acts as an investment portfolio manager, collective investment scheme manager, subscription agent, investment consultant, and custodian, and also operates as a non-registered stockbroker on a stock exchange. Its activities include buying and selling shares and bonds for its own account, investing financial surpluses through portfolios managed by specialized entities, providing financing services, and undertaking commercial representation agencies. In addition, the Company is involved in the buying, selling, and ownership of land, real estate, and other movable assets for its benefit. Geographically, it operates in domestic, GCC, and other international regions.
55GF Score
Get the complete analysis for KUW:NOOR
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KUW:NOOR has been successfully added to your 
