Zad Holding Co (DSMD:ZHCD) ROE %: 18.22% (As of Mar. 2026) — 30% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DSMD:ZHCD Zad Holding Co DSMD:ZHCD
85 GF Score
Price ر.ق12.86
GF Value ر.ق13.40
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Zad Holding Co ROE %?

Zad Holding Co DSMD:ZHCD +0.08% 85 ROE % is 18.22% as of Mar. 2026, which is 30% above its 10-year median of 13.98. GuruFocus rates DSMD:ZHCD with a GF Score™ of 85/100 and a GF Value™ of ر.ق13.40 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,923 Consumer Packaged Goods companies, Zad Holding Co ranks better than 75.3% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zad Holding Co's annualized net income for the quarter that ended in Mar. 2026 was ر.ق328 Mil. Zad Holding Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ر.ق1,799 Mil. Therefore, Zad Holding Co's annualized ROE % for the quarter that ended in Mar. 2026 was 18.22%.

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

DSMD:ZHCD' s ROE % Range Over the Past 10 Years
Min: 12.13   Med: 13.98   Max: 15.15
Current: 14.48

During the past 13 years, Zad Holding Co's highest ROE % was 15.15%. The lowest was 12.13%. And the median was 13.98%.

DSMD:ZHCD's ROE % is ranked better than
75.3% of 1923 companies
in the Consumer Packaged Goods industry
Industry Median: 6.8 vs DSMD:ZHCD: 14.48

Zad Holding Co  (DSMD:ZHCD) 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
=327.628/1798.536
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(327.628 / 1576.248)*(1576.248 / 3216.88)*(3216.88 / 1798.536)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.79 %*0.49*1.7886
=ROA %*Equity Multiplier
=10.19 %*1.7886
=18.22 %

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
=327.628/1798.536
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (327.628 / 327.628) * (327.628 / 209.772) * (209.772 / 1576.248) * (1576.248 / 3216.88) * (3216.88 / 1798.536)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.5618 * 13.31 % * 0.49 * 1.7886
=18.22 %

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.


Zad Holding Co ROE % Related Terms


Zad Holding Co ROE % Historical Data

* Premium members only.

The historical data trend for Zad Holding 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.

Zad Holding Co ROE % Chart

Zad Holding 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 14.56 14.92 14.87 15.15 12.80

Zad Holding 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 12.83 13.18 11.17 15.14 18.22

DSMD:ZHCD vs KHC, GIS, HRL: ROE % Comparison

For the Packaged Foods subindustry, Zad Holding 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.


Zad Holding Co ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zad Holding Co's ROE % distribution charts can be found below:

* The bar in red indicates where Zad Holding Co's ROE % falls into.


DSMD:ZHCD
85GF Score
Zad Holding Co DSMD:ZHCD
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zad Holding Co ROE % Calculation

Zad Holding 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 )
=199.294/( (1384.021+1728.957)/ 2 )
=199.294/1556.489
=12.80 %

Zad Holding 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 )
=327.628/( (1728.957+1868.115)/ 2 )
=327.628/1798.536
=18.22 %

* 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 18.22% mean?
Zad Holding Co (DSMD:ZHCD) has a ROE % of 18.22% 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 Zad Holding Co and its competitors. This is 30% above median its historical median of 13.98. Over the past decade, Zad Holding Co's ROE % has ranged from 12.13 to 15.15. According to the industry distribution chart, Zad Holding Co ranks #475 out of 1923 companies in the Consumer Packaged Goods industry, placing it in the top 24.7%.
Is Zad Holding Co's ROE % too high?
Zad Holding Co's current ROE % of 18.22% is 30% above median its 10-year median of 13.98. Over the past 10 years, this metric has ranged from a low of 12.13 to a high of 15.15. The Consumer Packaged Goods industry median ROE % is 6.80. Zad Holding Co's value of 18.22% is 167.9% above this industry median. Based on the distribution chart, Zad Holding Co ranks #475 out of 1923 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Zad Holding Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zad Holding Co's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Zad Holding Co ranks #475 out of 1923 companies for ROE %. This places Zad Holding Co in the top 25% of its industry — outperforming the majority of peers. The industry median ROE % is 6.80. Zad Holding Co's value of 18.22% is 167.9% above this benchmark. Historically, Zad Holding Co's own ROE % has ranged from 12.13 to 15.15 over the past decade. While the company's 10-year median is 13.98 vs. the industry median of 6.80, Zad Holding Co has consistently been above 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.80, based on 1,923 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. Zad Holding Co's current ROE % of 18.22% is 167.9% 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 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 Zad Holding Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zad Holding Co's current ROE % is 18.22%, which is 30% above median its own 10-year median of 13.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zad Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Zad Holding Co (DSMD:ZHCD) is currently considered Fairly Valued. The stock's GF Value™ is ر.ق13.40, compared to a current price of ر.ق12.86 — trading 4% below its estimated fair value. The current ROE % is 18.22%, which is 30% above median its 10-year median of 13.98 and 167.9% above the Consumer Packaged Goods industry median of 6.80. Zad Holding Co's overall GF Score™ is 85/100 with 4 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 Zad Holding Co (DSMD:ZHCD), the current ROE % is 18.22% 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 Zad Holding Co (DSMD:ZHCD) Overvalued in 2026?

Based on GuruFocus' analysis, Zad Holding Co stock appears to be undervalued. The current stock price of ر.ق12.86 is trading 4% below its estimated GF Value™ of ر.ق13.40. GuruFocus considers Zad Holding Co to be Fairly Valued.

Key valuation signals for DSMD:ZHCD:

  • ROE %: 18.22% (30% above median its 10-year median of 13.98)
  • GF Value™: ر.ق13.40 vs. price of ر.ق12.86 (4% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 167.9% above the Consumer Packaged Goods median (#475 of 1923)

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


Zad Holding Co Business Description

Address Al Meena Street, P.O. Box: 1444, Doha Sea Port, Doha, QAT
Zad Holding Co is engaged in the import of wheat, the production of different kinds of flour, the manufacturing, and marketing of pasta and bakery products. The Group earns income from sales of certain types of grain and related commodities. It is also engaged in the activities of contracting for building, investing, establishing, and managing industrial projects, activities in real estate, selling and renting heavy equipment, manufacturing and supplying ready-mix concrete and asphalt, crushing services, providing transport services, and investment in financial instruments. The Group's operating segments are: Trading, manufacturing, distribution and services, which generate maximum revenue, Investment and managed services, and Contracting, real estate and others.
85GF Score

Get the complete analysis for DSMD:ZHCD

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

ر.ق12.86
Price
ر.ق13.40
GF Value