Muscat City Desalination CoOG (MUS:MCDE) ROC %: 5.48% (As of Mar. 2026)

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What is Muscat City Desalination CoOG ROC %?

Muscat City Desalination CoOG MUS:MCDE ROC % is 5.48% as of Mar. 2026. The stock has 3 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 %. Muscat City Desalination CoOG's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 5.48%.

As of today (2026-07-14), Muscat City Desalination CoOG's WACC % is 5.41%. Muscat City Desalination CoOG's ROC % is 5.40% (calculated using TTM income statement data). Muscat City Desalination CoOG earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Muscat City Desalination CoOG  (MUS:MCDE) 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, Muscat City Desalination CoOG's WACC % is 5.41%. Muscat City Desalination CoOG's ROC % is 5.40% (calculated using TTM income statement data). Muscat City Desalination CoOG 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.


Muscat City Desalination CoOG ROC % Related Terms


Muscat City Desalination CoOG ROC % Historical Data

* Premium members only.

The historical data trend for Muscat City Desalination CoOG'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.

Muscat City Desalination CoOG ROC % Chart

Muscat City Desalination CoOG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only 5.29 5.23 5.30 5.49 5.23

Muscat City Desalination CoOG 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 5.25 5.52 5.67 4.98 5.48

Muscat City Desalination CoOG ROC % Calculation

Muscat City Desalination CoOG'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 )
=5.335 * ( 1 - 17.45% )/( (84.212 + 0)/ 1 )
=4.4040425/84.212
=5.23 %

where

Muscat City Desalination CoOG'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 )
=5.224 * ( 1 - 15.48% )/( (0 + 80.575)/ 1 )
=4.4153248/80.575
=5.48 %

where

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 5.48% mean?
Muscat City Desalination CoOG (MUS:MCDE) has a ROC % of 5.48% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Muscat City Desalination CoOG and its competitors.
Is Muscat City Desalination CoOG's ROC % too high?
Muscat City Desalination CoOG's current ROC % is 5.48%. The Utilities - Regulated industry median ROC % is 4.17. Muscat City Desalination CoOG's value of 5.48% is 31.4% above this industry median.
How does Muscat City Desalination CoOG's ROC % compare to AWK and WTRG?
Muscat City Desalination CoOG's ROC % of 5.48% can be compared against companies in the Utilities - Regulated industry. The industry median ROC % is 4.17. Muscat City Desalination CoOG's value of 5.48% is 31.4% 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 an Utilities - Regulated company?
The median ROC % among Utilities - Regulated companies is 4.17, based on 501 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. Muscat City Desalination CoOG's current ROC % of 5.48% is 31.4% 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 Muscat City Desalination CoOG and its competitors. For the Utilities - Regulated industry, the median ROC % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muscat City Desalination CoOG's current ROC % is 5.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muscat City Desalination CoOG stock overvalued right now?
Based on GuruFocus' analysis, Muscat City Desalination CoOG (MUS:MCDE) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.07, compared to a current price of ر.ع0.09 — trading 28.6% above its estimated fair value. The current ROC % is 5.48% and 31.4% above the Utilities - Regulated industry median of 4.17. 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 Muscat City Desalination CoOG (MUS:MCDE), the current ROC % is 5.48% 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.

Muscat City Desalination CoOG Business Description

Address North Ghubrah, P.O. Box 1935, Muscat, OMN, 114
Muscat City Desalination Co SAOG is engaged in owning, developing, and operating water projects and selling desalinated water. The company focuses on providing clean drinking water by operating Al Ghubrah independent water project. Water sales take place in the Sultanate of Oman. The Company's revenue stream comprises water capacity investment charge, water capacity operation and maintenance charge, water output operation and maintenance charge, and electricity charges.