ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. NMDC Group PJSC's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 6.16%.
As of today (2026-06-28), NMDC Group PJSC's WACC % is 9.75%. NMDC Group PJSC's ROC % is 12.63% (calculated using TTM income statement data).
NMDC Group PJSC generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
NMDC Group PJSC (ADX:NMDC) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, NMDC Group PJSC's WACC % is 9.75%. NMDC Group PJSC's ROC % is 12.63% (calculated using TTM income statement data).
NMDC Group PJSC generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
NMDC Group PJSC ROC % Related Terms
NMDC Group PJSC ROC % Historical Data
* Premium members only.
The historical data trend for NMDC Group PJSC's ROC % 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.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
NMDC Group PJSC (ADX:NMDC) has a ROC % of 6.16% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on NMDC Group PJSC and its competitors.
Is NMDC Group PJSC's ROC % too high?
NMDC Group PJSC's current ROC % is 6.16%. The Construction industry median ROC % is 4.66. NMDC Group PJSC's value of 6.16% is 32.2% above this industry median. Overall, NMDC Group PJSC has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NMDC Group PJSC's ROC % compare to PWR and FIX?
NMDC Group PJSC's ROC % of 6.16% can be compared against companies in the Construction industry. The industry median ROC % is 4.66. NMDC Group PJSC's value of 6.16% is 32.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Construction company?
The median ROC % among Construction companies is 4.66, based on 1,750 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NMDC Group PJSC's current ROC % of 6.16% is 32.2% 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on NMDC Group PJSC and its competitors. For the Construction industry, the median ROC % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Group PJSC's current ROC % is 6.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, NMDC Group PJSC (ADX:NMDC) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ29.76, compared to a current price of د.إ22.00 — trading 26.1% below its estimated fair value. The current ROC % is 6.16% and 32.2% above the Construction industry median of 4.66. NMDC Group PJSC's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For NMDC Group PJSC (ADX:NMDC), the current ROC % is 6.16% 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 NMDC Group PJSC (ADX:NMDC) Overvalued in 2026?
Based on GuruFocus' analysis, NMDC Group PJSC stock appears to be undervalued.
The current stock price of د.إ22.00 is trading 26.1% below its estimated GF Value™ of د.إ29.76.
GuruFocus considers NMDC Group PJSC to be Modestly Undervalued.
Key valuation signals for ADX:NMDC:
ROC %: 6.16%
GF Value™: د.إ29.76 vs. price of د.إ22.00 (26.1% below fair value)
Industry Position: 32.2% above the Construction median
No single metric tells the full story. See the ADX:NMDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NMDC Group PJSC operates as an integrated provider of Engineering, Procurement and Construction (EPC) services for onshore, offshore, and marine projects. The company's activities include marine dredging, logistics, and technical services, and marine engineering and construction. Geographically, it operates across the Middle East, Southeast Asia, and other international markets. The company's operations are structured under five business units: NMDC Dredging & Marine, NMDC Energy, NMDC Infra, NMDC Logistics & Technical Services, and NMDC Engineering. It has aggregated its segments into Dredging & Marine and Energy, with the majority of revenue from the Energy segment.
93GF Score
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