National Medical Care Co (SAU:4005) ROC (Joel Greenblatt) %: 19.66% (As of Jun. 2026) — 20% Above Median

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.

SAU:4005 National Medical Care Co SAU:4005
92 GF Score
Price ﷼121.70
GF Value ﷼208.24
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is National Medical Care Co ROC (Joel Greenblatt) %?

National Medical Care Co SAU:4005 -0.25% 92 ROC (Joel Greenblatt) % is 19.66% as of Jun. 2026, which is 20% above its 10-year median of 16.35. GuruFocus rates SAU:4005 with a GF Score™ of 92/100 and a GF Value™ of ﷼208.24 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 668 Healthcare Providers & Services companies, National Medical Care Co ranks better than 59.13% 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 Medical Care Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 19.66%.

The historical rank and industry rank for National Medical Care Co's ROC (Joel Greenblatt) % or its related term are showing as below:

SAU:4005' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.6   Med: 16.35   Max: 24.95
Current: 18.53

During the past 13 years, National Medical Care Co's highest ROC (Joel Greenblatt) % was 24.95%. The lowest was 6.60%. And the median was 16.35%.

SAU:4005's ROC (Joel Greenblatt) % is ranked better than
59.13% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 12.72 vs SAU:4005: 18.53

National Medical Care Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.50% per year.


National Medical Care Co  (SAU:4005) 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.


National Medical Care Co ROC (Joel Greenblatt) % Related Terms


National Medical Care Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for National Medical Care Co'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.

National Medical Care Co ROC (Joel Greenblatt) % Chart

National Medical Care Co 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 18.72 19.79 24.95 24.43 22.80

National Medical Care Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.64 22.24 19.27 13.95 19.66

SAU:4005 vs HCA, THC, DVA: ROC (Joel Greenblatt) % Comparison

For the Medical Care Facilities subindustry, National Medical Care 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.


National Medical Care Co ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, National Medical Care Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where National Medical Care Co's ROC (Joel Greenblatt) % falls into.


SAU:4005
92GF Score
National Medical Care Co SAU:4005
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Medical Care 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:

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)
=(903.585 + 70.65 + 18.052) - (91.501 + 0 + 157.199)
=743.587

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1069.338 + 75.043 + 40.856) - (81.596 + 0 + 143.556)
=960.085

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of National Medical Care Co 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 )
=436.376/( ( (1327.517 + max(743.587, 0)) + (1408.086 + max(960.085, 0)) )/ 2 )
=436.376/( ( 2071.104 + 2368.171 )/ 2 )
=436.376/2219.6375
=19.66 %

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 19.66% mean?
National Medical Care Co (SAU:4005) has a ROC (Joel Greenblatt) % of 19.66% 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 National Medical Care Co and its competitors. This is 20% above median its historical median of 16.35. Over the past decade, National Medical Care Co's ROC (Joel Greenblatt) % has ranged from 6.60 to 24.95. According to the industry distribution chart, National Medical Care Co ranks #273 out of 668 companies in the Healthcare Providers & Services industry, placing it in the top 40.9%.
Is National Medical Care Co's ROC (Joel Greenblatt) % too high?
National Medical Care Co's current ROC (Joel Greenblatt) % of 19.66% is 20% above median its 10-year median of 16.35. Over the past 10 years, this metric has ranged from a low of 6.60 to a high of 24.95. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.72. National Medical Care Co's value of 19.66% is 54.6% above this industry median. Based on the distribution chart, National Medical Care Co ranks #273 out of 668 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, National Medical Care Co has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Medical Care Co's ROC (Joel Greenblatt) % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, National Medical Care Co ranks #273 out of 668 companies for ROC (Joel Greenblatt) %. This puts National Medical Care Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.72. National Medical Care Co's value of 19.66% is 54.6% above this benchmark. Historically, National Medical Care Co's own ROC (Joel Greenblatt) % has ranged from 6.60 to 24.95 over the past decade. While the company's 10-year median is 16.35 vs. the industry median of 12.72, National Medical Care 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 a Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.72, based on 668 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 Medical Care Co's current ROC (Joel Greenblatt) % of 19.66% is 54.6% 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 National Medical Care Co and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Medical Care Co's current ROC (Joel Greenblatt) % is 19.66%, which is 20% above median its own 10-year median of 16.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Medical Care Co stock overvalued right now?
Based on GuruFocus' analysis, National Medical Care Co (SAU:4005) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼208.24, compared to a current price of ﷼121.70 — trading 41.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 19.66%, which is 20% above median its 10-year median of 16.35 and 54.6% above the Healthcare Providers & Services industry median of 12.72. National Medical Care Co's overall GF Score™ is 92/100 with 2 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 Medical Care Co (SAU:4005), the current ROC (Joel Greenblatt) % is 19.66% 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.

Is National Medical Care Co (SAU:4005) Overvalued in 2026?

Based on GuruFocus' analysis, National Medical Care Co stock appears to be undervalued. The current stock price of ﷼121.70 is trading 41.6% below its estimated GF Value™ of ﷼208.24. GuruFocus considers National Medical Care Co to be Possible Value Trap.

Key valuation signals for SAU:4005:

  • ROC (Joel Greenblatt) %: 19.66% (20% above median its 10-year median of 16.35)
  • GF Value™: ﷼208.24 vs. price of ﷼121.70 (41.6% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 54.6% above the Healthcare Providers & Services median (#273 of 668)

No single metric tells the full story. See the SAU:4005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Medical Care Co Business Description

Address Al Imam Ahmad Ibn hanbal Street, P.O. Box 29393, Arrayyan District, Riyadh, SAU, 11457
National Medical Care Co is engaged in the business to establish, own, equip, manage, maintain, and operate healthcare facilities and provide home health care services. The company trades medicines, medical equipment, and supplies in wholesale and retail trade. Geographically, all operations are conducted in the Kingdom of Saudi Arabia. The company generates revenue through the Rendering of clinical services, and the Sale of pharmaceuticals.
92GF Score

Get the complete analysis for SAU:4005

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

﷼121.70
Price
﷼208.24
GF Value