Al-Hamraa Insurance (IQS:NHAM) ROCE %: % (As of . 20)


What is Al-Hamraa Insurance ROCE %?

Al-Hamraa Insurance IQS:NHAM ROCE % is % as of . 20.

ROCE % does not apply to banks and insurance companies.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of % mean?
Al-Hamraa Insurance (IQS:NHAM) has a ROCE % of % as of . 20.
Is Al-Hamraa Insurance's ROCE % too high?
Al-Hamraa Insurance's current ROCE % is %.
How does Al-Hamraa Insurance's ROCE % compare to competitors?
Al-Hamraa Insurance's ROCE % of % can be compared against companies in the Insurance industry. The industry median ROCE % is 8.20. 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 Insurance company?
The median ROCE % among Insurance companies is 8.20, based on 64 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 Insurance industry, the median ROCE % is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al-Hamraa Insurance's current ROCE % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Hamraa Insurance stock overvalued right now?
Al-Hamraa Insurance (IQS:NHAM) has a current ROCE % of %. The current ROCE % is %. 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 Al-Hamraa Insurance (IQS:NHAM), the current ROCE % is % 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.

Al-Hamraa Insurance Business Description

Address Street 23, Building 27, P.O. Box 10491, Arrest Al-Hindia, District 929, Karrada, Baghdad, IRQ
Al-Hamraa Insurance is engaged in the underwriting of all general insurance classes and life insurance products. Its client base includes organizations and individuals living and working in Iraq. It offers life and annuities insurance, health/medical insurance, car/vehicle insurance, aviation insurance, financial reinsurance, guaranteed asset protection insurance, group insurance, marine insurance/shipping insurance, travel insurance, liability insurance/professional liability insurance, and property and casualty insurance.