NMDC Group PJSC (ADX:NMDC) ROCE %: 10.19% (As of Mar. 2026)


ADX:NMDC NMDC Group PJSC ADX:NMDC
93 GF Score
Price د.إ22.00
GF Value د.إ29.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is NMDC Group PJSC ROCE %?

NMDC Group PJSC ADX:NMDC -1.26% 93 ROCE % is 10.19% as of Mar. 2026. GuruFocus rates ADX:NMDC with a GF Score™ of 93/100 and a GF Value™ of د.إ29.76 (Modestly Undervalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. NMDC Group PJSC's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.19%.

NMDC Group PJSC  (ADX:NMDC) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

NMDC Group PJSC ROCE % Related Terms

NMDC Group PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for NMDC Group PJSC's ROCE % 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.

NMDC Group PJSC ROCE % Chart

NMDC Group PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.71 17.29 24.10 30.13 29.48

NMDC Group PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 26.04 30.54 28.99 34.86 10.19
ADX:NMDC
93GF Score
NMDC Group PJSC ADX:NMDC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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NMDC Group PJSC ROCE % Calculation

NMDC Group PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=4673.741/( ( (33199.751 - 18905.422) + (39684.439 - 22267.601) )/ 2 )
=4673.741/( (14294.329+17416.838)/ 2 )
=4673.741/15855.5835
=29.48 %

NMDC Group PJSC's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1734.148/( ( (39684.439 - 22267.601) + (39662.844 - 23039.797) )/ 2 )
=1734.148/( ( 17416.838 + 16623.047 )/ 2 )
=1734.148/17019.9425
=10.19 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 10.19% mean?
NMDC Group PJSC (ADX:NMDC) has a ROCE % of 10.19% as of Mar. 2026.
Is NMDC Group PJSC's ROCE % too high?
NMDC Group PJSC's current ROCE % is 10.19%. The Construction industry median ROCE % is 8.22. NMDC Group PJSC's value of 10.19% is 24% 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 ROCE % compare to PWR and FIX?
NMDC Group PJSC's ROCE % of 10.19% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. NMDC Group PJSC's value of 10.19% is 24% 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 ROCE % for a Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,749 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NMDC Group PJSC's current ROCE % of 10.19% is 24% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Group PJSC's current ROCE % is 10.19%. 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 ROCE % is 10.19% and 24% above the Construction industry median of 8.22. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For NMDC Group PJSC (ADX:NMDC), the current ROCE % is 10.19% 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:

  • ROCE %: 10.19%
  • GF Value™: د.إ29.76 vs. price of د.إ22.00 (26.1% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 24% 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 Business Description

Address Mussafah Street 16, P.O. Box 3649, Abu Dhabi, ARE
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

Get the complete analysis for ADX:NMDC

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

د.إ22.00
Price
د.إ29.76
GF Value