National Investment Co (DAR:NICO) ROCE %: 0.00% (As of . 20)

What is National Investment Co ROCE %?

National Investment Co DAR:NICO +1.36% 36 ROCE % is 0.00% as of . 20. GuruFocus rates DAR:NICO with a GF Score™ of 36/100.

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. National Investment Co's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

National Investment Co (DAR:NICO) 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.

National Investment Co ROCE % Related Terms

National Investment Co ROCE % Historical Data

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The historical data trend for National Investment Co'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.

National Investment Co ROCE % Chart

National Investment Co Annual Data

Trend

ROCE %

National Investment Co Semi-Annual Data

ROCE %

36GF Score

National Investment Co Ltd DAR:NICO

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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National Investment Co ROCE % Calculation

National Investment Co's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

National Investment Co's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.00% mean?

National Investment Co (DAR:NICO) has a ROCE % of 0.00% as of . 20.

Is National Investment Co's ROCE % too high?

National Investment Co's current ROCE % is 0.00%. Overall, National Investment Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.

How does National Investment Co's ROCE % compare to ?

National Investment Co's ROCE % of 0.00% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Asset Management company?

The median ROCE % among Asset Management companies is 4.43, based on 708 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. 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 Asset Management industry, the median ROCE % is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Investment Co's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is National Investment Co stock overvalued right now?

National Investment Co (DAR:NICO) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. National Investment Co's overall GF Score™ is 36/100. 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 National Investment Co (DAR:NICO), the current ROCE % is 0.00% as of . 20. 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.

National Investment Co Business Description

Industry Financial Services Asset Management

Comparable Companies

Address 50 Mirambo Street, P.O. Box 7465, Mirambo House, 3rd Floor, Dar es Salaam, TZA

Website https://www.nicol.co.tz

National Investment Co Ltd acquires and manages businesses in manufacturing industries, financial services, telecommunication, agriculture, mining, and services sectors. The company through its subsidiaries is also engaged in custom slaughter.

36GF Score

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

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