National Real Estate Co KSC (DFM:NRE) ROE %: -73.70% (As of Mar. 2026)


What is National Real Estate Co KSC ROE %?

National Real Estate Co KSC DFM:NRE 19 ROE % is -73.70% as of Mar. 2026. GuruFocus rates DFM:NRE with a GF Score™ of 19/100. The stock has 10 warning signs investors should review. Among 1,732 Real Estate companies, National Real Estate Co KSC ranks worse than 94.69% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. National Real Estate Co KSC's annualized net income for the quarter that ended in Mar. 2026 was د.إ-2,564.69 Mil. National Real Estate Co KSC's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was د.إ3,479.95 Mil. Therefore, National Real Estate Co KSC's annualized ROE % for the quarter that ended in Mar. 2026 was -73.70%.

The historical rank and industry rank for National Real Estate Co KSC's ROE % or its related term are showing as below:

DFM:NRE' s ROE % Range Over the Past 10 Years
Min: -20.64   Med: 4.39   Max: 55.31
Current: -41.02

During the past 13 years, National Real Estate Co KSC's highest ROE % was 55.31%. The lowest was -20.64%. And the median was 4.39%.

DFM:NRE's ROE % is ranked worse than
94.69% of 1732 companies
in the Real Estate industry
Industry Median: 3.97 vs DFM:NRE: -41.02

National Real Estate Co KSC  (DFM:NRE) 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
=-2564.692/3479.948
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2564.692 / 38.68)*(38.68 / 6041.412)*(6041.412 / 3479.948)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6630.54 %*0.0064*1.7361
=ROA %*Equity Multiplier
=-42.44 %*1.7361
=-73.70 %

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
=-2564.692/3479.948
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2564.692 / -2559.88) * (-2559.88 / -42.156) * (-42.156 / 38.68) * (38.68 / 6041.412) * (6041.412 / 3479.948)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0019 * 60.724 * -108.99 % * 0.0064 * 1.7361
=-73.70 %

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.


National Real Estate Co KSC ROE % Related Terms


National Real Estate Co KSC ROE % Historical Data

* Premium members only.

The historical data trend for National Real Estate Co KSC'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.

National Real Estate Co KSC ROE % Chart

National Real Estate Co KSC 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 55.31 4.47 -10.04 2.59 -20.64

National Real Estate Co KSC 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 1.33 -77.88 26.11 -35.48 -73.70

National Real Estate Co KSC ROE % Competitor Comparison

For the Real Estate - Development subindustry, National Real Estate Co KSC'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.


National Real Estate Co KSC ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, National Real Estate Co KSC's ROE % distribution charts can be found below:

* The bar in red indicates where National Real Estate Co KSC's ROE % falls into.



National Real Estate Co KSC ROE % Calculation

National Real Estate Co KSC'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 )
=-861.943/( (4452.067+3900.053)/ 2 )
=-861.943/4176.06
=-20.64 %

National Real Estate Co KSC'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 )
=-2564.692/( (3900.053+3059.843)/ 2 )
=-2564.692/3479.948
=-73.70 %

* 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 -73.70% mean?
National Real Estate Co KSC (DFM:NRE) has a ROE % of -73.70% 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 National Real Estate Co KSC and its competitors. According to the industry distribution chart, National Real Estate Co KSC ranks #1640 out of 1732 companies in the Real Estate industry, placing it in the top 94.7%.
Is National Real Estate Co KSC's ROE % too high?
National Real Estate Co KSC's current ROE % is -73.70%. Based on the distribution chart, National Real Estate Co KSC ranks #1640 out of 1732 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, National Real Estate Co KSC has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does National Real Estate Co KSC's ROE % compare to competitors?
According to the Real Estate industry distribution chart, National Real Estate Co KSC ranks #1640 out of 1732 companies for ROE %. This places National Real Estate Co KSC in the lower half of its industry. The industry median ROE % is 3.97. 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 Real Estate company?
The median ROE % among Real Estate companies is 3.97, based on 1,732 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. 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 National Real Estate Co KSC and its competitors. For the Real Estate industry, the median ROE % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Real Estate Co KSC's current ROE % is -73.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Real Estate Co KSC stock overvalued right now?
National Real Estate Co KSC (DFM:NRE) has a current ROE % of -73.70%. The current ROE % is -73.70%. National Real Estate Co KSC's overall GF Score™ is 19/100 with 10 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 National Real Estate Co KSC (DFM:NRE), the current ROE % is -73.70% 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.

National Real Estate Co KSC Business Description

Other Exchanges NRE:Kuwait
Address Al-Shuhada Street, P.O. Box 22644, 58th Floor, Al-Hamra Tower, Sharq, Safat, Kuwait, KWT, 13087
National Real Estate Co KSC (NREC) is a real estate investment and development company. The company is engaged in the purchase, development, and sale of land, management of real estate properties, real estate construction, and maintenance services. The company reports in two segments: Real Estate and others, which include development, trading, leasing, and management of real estate properties and other activities, and the Investments segment, which consists of investments in an associate, joint venture, and equity securities. The portfolio of company projects includes Residential, Malls, commercial, industrial, warehousing, and resorts. NREC has development projects in the United Arab Emirates, Egypt, Jordan, Kuwait, and Libya.