Dhofar Generating CoOG (MUS:DGEN) ROC (Joel Greenblatt) %: 0.72% (As of Dec. 2025) — 89% Below Median

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What is Dhofar Generating CoOG ROC (Joel Greenblatt) %?

Dhofar Generating CoOG MUS:DGEN ROC (Joel Greenblatt) % is 0.72% as of Dec. 2025, which is 89% below its 10-year median of 6.40. The stock has 5 warning signs investors should review. Among 436 Utilities - Independent Power Producers companies, Dhofar Generating CoOG ranks worse than 55.05% 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. Dhofar Generating CoOG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.72%.

The historical rank and industry rank for Dhofar Generating CoOG's ROC (Joel Greenblatt) % or its related term are showing as below:

MUS:DGEN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.82   Med: 6.4   Max: 6.87
Current: 4.98

During the past 9 years, Dhofar Generating CoOG's highest ROC (Joel Greenblatt) % was 6.87%. The lowest was 0.82%. And the median was 6.40%.

MUS:DGEN's ROC (Joel Greenblatt) % is ranked worse than
55.05% of 436 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.525 vs MUS:DGEN: 4.98

Dhofar Generating CoOG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.20% per year.


Dhofar Generating CoOG  (MUS:DGEN) 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.


Dhofar Generating CoOG ROC (Joel Greenblatt) % Related Terms


Dhofar Generating CoOG ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dhofar Generating CoOG'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.

Dhofar Generating CoOG ROC (Joel Greenblatt) % Chart

Dhofar Generating CoOG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 6.40 6.25 6.87 6.86 5.14

Dhofar Generating CoOG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 4.67 0.50 14.20 4.44 0.72

MUS:DGEN vs CEG, VST, NRG: ROC (Joel Greenblatt) % Comparison

For the Utilities - Independent Power Producers subindustry, Dhofar Generating CoOG'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.


Dhofar Generating CoOG ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dhofar Generating CoOG's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dhofar Generating CoOG's ROC (Joel Greenblatt) % falls into.



Dhofar Generating CoOG 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.076 + 5.408 + 4.07) - (4.793 + 0 + 5.065)
=7.696

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.469 + 5.447 + 3.949) - (4.497 + 0 + 4.755)
=6.613

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dhofar Generating CoOG for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1/( ( (132.739 + max(7.696, 0)) + (131.655 + max(6.613, 0)) )/ 2 )
=1/( ( 140.435 + 138.268 )/ 2 )
=1/139.3515
=0.72 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 0.72% mean?
Dhofar Generating CoOG (MUS:DGEN) has a ROC (Joel Greenblatt) % of 0.72% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Dhofar Generating CoOG and its competitors. This is 89% below median its historical median of 6.40. Over the past decade, Dhofar Generating CoOG's ROC (Joel Greenblatt) % has ranged from 0.82 to 6.87. According to the industry distribution chart, Dhofar Generating CoOG ranks #240 out of 436 companies in the Utilities - Independent Power Producers industry, placing it in the top 55%.
Is Dhofar Generating CoOG's ROC (Joel Greenblatt) % too high?
Dhofar Generating CoOG's current ROC (Joel Greenblatt) % of 0.72% is 89% below median its 10-year median of 6.40. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 6.87. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.53. Dhofar Generating CoOG's value of 0.72% is 89% below this industry median. Based on the distribution chart, Dhofar Generating CoOG ranks #240 out of 436 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint.
How does Dhofar Generating CoOG's ROC (Joel Greenblatt) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Dhofar Generating CoOG ranks #240 out of 436 companies for ROC (Joel Greenblatt) %. This places Dhofar Generating CoOG in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.53. Dhofar Generating CoOG's value of 0.72% is 89% below this benchmark. Historically, Dhofar Generating CoOG's own ROC (Joel Greenblatt) % has ranged from 0.82 to 6.87 over the past decade. While the company's 10-year median is 6.40 vs. the industry median of 6.53, Dhofar Generating CoOG 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 an Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.53, based on 436 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. Dhofar Generating CoOG's current ROC (Joel Greenblatt) % of 0.72% is 89% 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 Dhofar Generating CoOG and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhofar Generating CoOG's current ROC (Joel Greenblatt) % is 0.72%, which is 89% below median its own 10-year median of 6.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhofar Generating CoOG stock overvalued right now?
Based on GuruFocus' analysis, Dhofar Generating CoOG (MUS:DGEN) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.08, compared to a current price of ر.ع0.08 — trading 1.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.72%, which is 89% below median its 10-year median of 6.40 and 89% below the Utilities - Independent Power Producers industry median of 6.53. 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 Dhofar Generating CoOG (MUS:DGEN), the current ROC (Joel Greenblatt) % is 0.72% as of Dec. 2025. 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.

Dhofar Generating CoOG Business Description

Address P O Box 1571, Salalah, OMN, 211
Dhofar Generating Co SAOG principal activity of the Company is electricity generation under a license issued by the Authority for Public Services Regulation (APSR), Oman. The company is to develop, finance, design, construct, operate, maintain, insure and own a net power generating station and other relevant infrastructure. The Company has only one segment.