Northern Cement Co (AMM:NCCO) ROE %: 0.83% (As of Mar. 2026) — 88% Below Median


AMM:NCCO Northern Cement Co AMM:NCCO
97 GF Score
Price JOD1.51
GF Value JOD2.30
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Northern Cement Co ROE %?

Northern Cement Co AMM:NCCO 97 ROE % is 0.83% as of Mar. 2026, which is 88% below its 10-year median of 6.85. GuruFocus rates AMM:NCCO with a GF Score™ of 97/100 and a GF Value™ of JOD2.30 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 403 Building Materials companies, Northern Cement Co ranks worse than 57.32% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Northern Cement Co's annualized net income for the quarter that ended in Mar. 2026 was JOD0.58 Mil. Northern Cement Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was JOD69.69 Mil. Therefore, Northern Cement Co's annualized ROE % for the quarter that ended in Mar. 2026 was 0.83%.

The historical rank and industry rank for Northern Cement Co's ROE % or its related term are showing as below:

AMM:NCCO' s ROE % Range Over the Past 10 Years
Min: 0.03   Med: 6.85   Max: 16.4
Current: 3.02

During the past 13 years, Northern Cement Co's highest ROE % was 16.40%. The lowest was 0.03%. And the median was 6.85%.

AMM:NCCO's ROE % is ranked worse than
57.32% of 403 companies
in the Building Materials industry
Industry Median: 4.32 vs AMM:NCCO: 3.02

Northern Cement Co  (AMM:NCCO) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0.576/69.6915
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.576 / 42.136)*(42.136 / 103.882)*(103.882 / 69.6915)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.37 %*0.4056*1.4906
=ROA %*Equity Multiplier
=0.56 %*1.4906
=0.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0.576/69.6915
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.576 / 0.776) * (0.776 / 0.444) * (0.444 / 42.136) * (42.136 / 103.882) * (103.882 / 69.6915)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7423 * 1.7477 * 1.05 % * 0.4056 * 1.4906
=0.83 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Northern Cement Co ROE % Related Terms


Northern Cement Co ROE % Historical Data

* Premium members only.

The historical data trend for Northern Cement Co's ROE % 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.

Northern Cement Co ROE % Chart

Northern Cement Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.14 8.50 5.58 3.42 3.36

Northern Cement Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 2.25 5.82 3.35 2.07 0.83

AMM:NCCO vs CRH, VMC, MLM: ROE % Comparison

For the Building Materials subindustry, Northern Cement Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northern Cement Co ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Northern Cement Co's ROE % distribution charts can be found below:

* The bar in red indicates where Northern Cement Co's ROE % falls into.


AMM:NCCO
97GF Score
Northern Cement Co AMM:NCCO
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Cement Co ROE % Calculation

Northern Cement Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=2.369/( (70.438+70.492)/ 2 )
=2.369/70.465
=3.36 %

Northern Cement Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=0.576/( (70.492+68.891)/ 2 )
=0.576/69.6915
=0.83 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.83% mean?
Northern Cement Co (AMM:NCCO) has a ROE % of 0.83% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Northern Cement Co and its competitors. This is 88% below median its historical median of 6.85. Over the past decade, Northern Cement Co's ROE % has ranged from 0.03 to 16.40. According to the industry distribution chart, Northern Cement Co ranks #231 out of 403 companies in the Building Materials industry, placing it in the top 57.3%.
Is Northern Cement Co's ROE % too high?
Northern Cement Co's current ROE % of 0.83% is 88% below median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 16.40. The Building Materials industry median ROE % is 4.32. Northern Cement Co's value of 0.83% is 80.8% below this industry median. Based on the distribution chart, Northern Cement Co ranks #231 out of 403 companies in the Building Materials industry, which is below the industry midpoint. Overall, Northern Cement Co has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Cement Co's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Northern Cement Co ranks #231 out of 403 companies for ROE %. This places Northern Cement Co in the lower half of its industry. The industry median ROE % is 4.32. Northern Cement Co's value of 0.83% is 80.8% below this benchmark. Historically, Northern Cement Co's own ROE % has ranged from 0.03 to 16.40 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 4.32, Northern Cement Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Building Materials company?
The median ROE % among Building Materials companies is 4.32, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northern Cement Co's current ROE % of 0.83% is 80.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Northern Cement Co and its competitors. For the Building Materials industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Cement Co's current ROE % is 0.83%, which is 88% below median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Northern Cement Co (AMM:NCCO) is currently considered Significantly Undervalued. The stock's GF Value™ is JOD2.30, compared to a current price of JOD1.51 — trading 34.3% below its estimated fair value. The current ROE % is 0.83%, which is 88% below median its 10-year median of 6.85 and 80.8% below the Building Materials industry median of 4.32. Northern Cement Co's overall GF Score™ is 97/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Northern Cement Co (AMM:NCCO), the current ROE % is 0.83% 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 Northern Cement Co (AMM:NCCO) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Cement Co stock appears to be undervalued. The current stock price of JOD1.51 is trading 34.3% below its estimated GF Value™ of JOD2.30. GuruFocus considers Northern Cement Co to be Significantly Undervalued.

Key valuation signals for AMM:NCCO:

  • ROE %: 0.83% (88% below median its 10-year median of 6.85)
  • GF Value™: JOD2.30 vs. price of JOD1.51 (34.3% below fair value)
  • GF Score™: 97/100 with 5 warning signs
  • Industry Position: 80.8% below the Building Materials median (#231 of 403)

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


Northern Cement Co Business Description

Address Al-Abdali Boulevard - Rafik Hariri Avenue, Building No. 7 - Third Floor, Amman, JOR, 961186
Northern Cement Co is engaged in the manufacturing of cement. The company is involved in the clinker industry and grinding, the cement industry, the implantation of other industrial projects, and the purchase of lands. Its products include Ordinary Portland Cement, Portland Pozzolana Cement and Sulphate Resistant Cement, among others.
97GF Score

Get the complete analysis for AMM:NCCO

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

JOD1.51
Price
JOD2.30
GF Value