National Petroleum Services Co KSC (KUW:NAPESCO) ROE %: 28.78% (As of Mar. 2026) — Near Median

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KUW:NAPESCO National Petroleum Services Co KSC KUW:NAPESCO
99 GF Score
Price KWD1.48
GF Value KWD1.48
Valuation Fairly Valued
! 1 Warning Sign
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What is National Petroleum Services Co KSC ROE %?

National Petroleum Services Co KSC KUW:NAPESCO +1.02% 99 ROE % is 28.78% as of Mar. 2026, which is 2% above its 10-year median of 28.25. GuruFocus rates KUW:NAPESCO with a GF Score™ of 99/100 and a GF Value™ of KWD1.48 (Fairly Valued). The stock has 1 warning sign investors should review. Among 956 Oil & Gas companies, National Petroleum Services Co KSC ranks better than 89.12% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. National Petroleum Services Co KSC's annualized net income for the quarter that ended in Mar. 2026 was KWD17.18 Mil. National Petroleum Services Co KSC's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was KWD59.69 Mil. Therefore, National Petroleum Services Co KSC's annualized ROE % for the quarter that ended in Mar. 2026 was 28.78%.

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

KUW:NAPESCO' s ROE % Range Over the Past 10 Years
Min: 12.23   Med: 28.25   Max: 36.41
Current: 26.88

During the past 13 years, National Petroleum Services Co KSC's highest ROE % was 36.41%. The lowest was 12.23%. And the median was 28.25%.

KUW:NAPESCO's ROE % is ranked better than
89.12% of 956 companies
in the Oil & Gas industry
Industry Median: 5.985 vs KUW:NAPESCO: 26.88

National Petroleum Services Co KSC  (KUW:NAPESCO) 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
=17.18/59.6935
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(17.18 / 59.22)*(59.22 / 94.3325)*(94.3325 / 59.6935)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.01 %*0.6278*1.5803
=ROA %*Equity Multiplier
=18.21 %*1.5803
=28.78 %

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
=17.18/59.6935
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (17.18 / 20.62) * (20.62 / 16.388) * (16.388 / 59.22) * (59.22 / 94.3325) * (94.3325 / 59.6935)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8332 * 1.2582 * 27.67 % * 0.6278 * 1.5803
=28.78 %

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 Petroleum Services Co KSC ROE % Related Terms


National Petroleum Services Co KSC ROE % Historical Data

* Premium members only.

The historical data trend for National Petroleum Services 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 Petroleum Services Co KSC ROE % Chart

National Petroleum Services 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 12.23 16.83 20.48 29.49 27.00

National Petroleum Services 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 29.16 30.09 38.04 12.27 28.78

KUW:NAPESCO vs SLB, BKR, HAL: ROE % Comparison

For the Oil & Gas Equipment & Services subindustry, National Petroleum Services 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 Petroleum Services Co KSC ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Petroleum Services Co KSC's ROE % distribution charts can be found below:

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


KUW:NAPESCO
99GF Score
National Petroleum Services Co KSC KUW:NAPESCO
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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National Petroleum Services Co KSC ROE % Calculation

National Petroleum Services 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 )
=14.433/( (49.357+57.548)/ 2 )
=14.433/53.4525
=27.00 %

National Petroleum Services 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 )
=17.18/( (57.548+61.839)/ 2 )
=17.18/59.6935
=28.78 %

* 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 28.78% mean?
National Petroleum Services Co KSC (KUW:NAPESCO) has a ROE % of 28.78% 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 Petroleum Services Co KSC and its competitors. This is near median its historical median of 28.25. Over the past decade, National Petroleum Services Co KSC's ROE % has ranged from 12.23 to 36.41. According to the industry distribution chart, National Petroleum Services Co KSC ranks #104 out of 956 companies in the Oil & Gas industry, placing it in the top 10.9%.
Is National Petroleum Services Co KSC's ROE % too high?
National Petroleum Services Co KSC's current ROE % of 28.78% is near median its 10-year median of 28.25. Over the past 10 years, this metric has ranged from a low of 12.23 to a high of 36.41. The Oil & Gas industry median ROE % is 5.99. National Petroleum Services Co KSC's value of 28.78% is 380.9% above this industry median. Based on the distribution chart, National Petroleum Services Co KSC ranks #104 out of 956 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, National Petroleum Services Co KSC has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Petroleum Services Co KSC's ROE % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, National Petroleum Services Co KSC ranks #104 out of 956 companies for ROE %. This places National Petroleum Services Co KSC in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 5.99. National Petroleum Services Co KSC's value of 28.78% is 380.9% above this benchmark. Historically, National Petroleum Services Co KSC's own ROE % has ranged from 12.23 to 36.41 over the past decade. While the company's 10-year median is 28.25 vs. the industry median of 5.99, National Petroleum Services Co KSC 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 an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.99, based on 956 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. National Petroleum Services Co KSC's current ROE % of 28.78% is 380.9% 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 National Petroleum Services Co KSC and its competitors. For the Oil & Gas industry, the median ROE % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Petroleum Services Co KSC's current ROE % is 28.78%, which is near median its own 10-year median of 28.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Petroleum Services Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Petroleum Services Co KSC (KUW:NAPESCO) is currently considered Fairly Valued. The stock's GF Value™ is KWD1.48, compared to a current price of KWD1.48 — trading right at its estimated fair value. The current ROE % is 28.78%, which is near median its 10-year median of 28.25 and 380.9% above the Oil & Gas industry median of 5.99. National Petroleum Services Co KSC's overall GF Score™ is 99/100 with 1 warning sign 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 Petroleum Services Co KSC (KUW:NAPESCO), the current ROE % is 28.78% 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 National Petroleum Services Co KSC (KUW:NAPESCO) Overvalued in 2026?

Based on GuruFocus' analysis, National Petroleum Services Co KSC stock appears to be undervalued. The current stock price of KWD1.48 is trading 0% below its estimated GF Value™ of KWD1.48. GuruFocus considers National Petroleum Services Co KSC to be Fairly Valued.

Key valuation signals for KUW:NAPESCO:

  • ROE %: 28.78% (near median its 10-year median of 28.25)
  • GF Value™: KWD1.48 vs. price of KWD1.48 (0% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 380.9% above the Oil & Gas median (#104 of 956)

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


National Petroleum Services Co KSC Business Description

Industry EnergyOil & Gas
Address Integration Road, MA10-MA6, Street 6, P.O. Box 9801 Shuaiba West Industrial Area, Block-3, Plot. No.76, Al Ahmadi, KWT
National Petroleum Services Co KSC provides oilfield services for the oil and gas industry in Kuwait. The company is engaged in carrying out all support services for wells drilling, repairing, and preparation for production as well as wells maintenance related services. It is also engaged in establishing industrial firms for the purpose of manufacturing and producing the equipment and materials needed for well drilling and repair. There are two segments within which the company operates namely oilfield services and non-oilfield services. The majority of the revenue is mainly from Oil field contracts that include Pumping services, and then Non- oil field contracts that involve supply power and environment, safety services.
99GF Score

Get the complete analysis for KUW:NAPESCO

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

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