Qatar Navigation QSC (DSMD:QNNS) ROC %: 3.38% (As of Mar. 2026)


DSMD:QNNS Qatar Navigation QSC DSMD:QNNS
100 GF Score
Price ر.ق10.28
GF Value ر.ق12.89
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Qatar Navigation QSC ROC %?

Qatar Navigation QSC DSMD:QNNS +1.28% 100 ROC % is 3.38% as of Mar. 2026. GuruFocus rates DSMD:QNNS with a GF Score™ of 100/100 and a GF Value™ of ر.ق12.89 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Qatar Navigation QSC's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.38%.

As of today (2026-06-28), Qatar Navigation QSC's WACC % is 10.02%. Qatar Navigation QSC's ROC % is 3.33% (calculated using TTM income statement data). Qatar Navigation QSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Qatar Navigation QSC  (DSMD:QNNS) 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, Qatar Navigation QSC's WACC % is 10.02%. Qatar Navigation QSC's ROC % is 3.33% (calculated using TTM income statement data). Qatar Navigation QSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


Qatar Navigation QSC ROC % Related Terms


Qatar Navigation QSC ROC % Historical Data

* Premium members only.

The historical data trend for Qatar Navigation QSC'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.

Qatar Navigation QSC ROC % Chart

Qatar Navigation QSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 2.98 2.62 3.12 3.61

Qatar Navigation QSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 4.84 2.61 4.01 3.25 3.38
DSMD:QNNS
100GF Score
Qatar Navigation QSC DSMD:QNNS
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qatar Navigation QSC ROC % Calculation

Qatar Navigation QSC's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=669.286 * ( 1 - 5.1% )/( (17527.51 + 17647.085)/ 2 )
=635.152414/17587.2975
=3.61 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=19206.645 - 330.533 - ( 1348.602 - max(0, 1001.92 - 2480.014+1348.602))
=17527.51

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=20539.544 - 830.486 - ( 2490.215 - max(0, 1505.321 - 3567.294+2490.215))
=17647.085

Qatar Navigation QSC's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=600.564 * ( 1 - 2.72% )/( (17647.085 + 16897.577)/ 2 )
=584.2286592/17272.331
=3.38 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=20539.544 - 830.486 - ( 2490.215 - max(0, 1505.321 - 3567.294+2490.215))
=17647.085

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=20267.141 - 1395.297 - ( 2393.17 - max(0, 1559.73 - 3533.997+2393.17))
=16897.577

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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 3.38% mean?
Qatar Navigation QSC (DSMD:QNNS) has a ROC % of 3.38% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Qatar Navigation QSC and its competitors.
Is Qatar Navigation QSC's ROC % too high?
Qatar Navigation QSC's current ROC % is 3.38%. The Transportation industry median ROC % is 4.69. Qatar Navigation QSC's value of 3.38% is 27.9% below this industry median. Overall, Qatar Navigation QSC has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qatar Navigation QSC's ROC % compare to competitors?
Qatar Navigation QSC's ROC % of 3.38% can be compared against companies in the Transportation industry. The industry median ROC % is 4.69. Qatar Navigation QSC's value of 3.38% is 27.9% below 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 Transportation company?
The median ROC % among Transportation companies is 4.69, based on 986 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. Qatar Navigation QSC's current ROC % of 3.38% is 27.9% 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 % 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 Qatar Navigation QSC and its competitors. For the Transportation industry, the median ROC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qatar Navigation QSC's current ROC % is 3.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qatar Navigation QSC stock overvalued right now?
Based on GuruFocus' analysis, Qatar Navigation QSC (DSMD:QNNS) is currently considered Modestly Undervalued. The stock's GF Value™ is ر.ق12.89, compared to a current price of ر.ق10.28 — trading 20.2% below its estimated fair value. The current ROC % is 3.38% and 27.9% below the Transportation industry median of 4.69. Qatar Navigation QSC's overall GF Score™ is 100/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Qatar Navigation QSC (DSMD:QNNS), the current ROC % is 3.38% 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 Qatar Navigation QSC (DSMD:QNNS) Overvalued in 2026?

Based on GuruFocus' analysis, Qatar Navigation QSC stock appears to be undervalued. The current stock price of ر.ق10.28 is trading 20.2% below its estimated GF Value™ of ر.ق12.89. GuruFocus considers Qatar Navigation QSC to be Modestly Undervalued.

Key valuation signals for DSMD:QNNS:

  • ROC %: 3.38%
  • GF Value™: ر.ق12.89 vs. price of ر.ق10.28 (20.2% below fair value)
  • GF Score™: 100/100 with 2 warning signs
  • Industry Position: 27.9% below the Transportation median

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


Qatar Navigation QSC Business Description

Address East Industrial Road, Street No. 523, Umm Al Saneem Area, P.O. Box 153, Zone 56, Doha, QAT
Qatar Navigation QSC company provides diversified maritime and logistics companies in the Middle East with a focus on providing integrated transport and supply chain solutions. Milaha's current activities include Maritime and Logistics; Gas and Petrochem; Offshore Marine; Marine and Technical Services; and Capital. The Segment includes Milaha Capital, Milaha Maritime and Logistics, Milaha Offshore, Milaha Tradings, Milaha Gas and Petrochem, Milaha Corporate. Maximum of revenue is from Milaha Gas and Petrochem segment. Geographically operates in Qatar, Singapore, UAE, Germany, India, with maximum revenue from Qatar.
100GF Score

Get the complete analysis for DSMD:QNNS

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

ر.ق10.28
Price
ر.ق12.89
GF Value