ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Dubai Investments PJSC's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 5.47%.
As of today (2026-06-26), Dubai Investments PJSC's WACC % is 9.13%. Dubai Investments PJSC's ROIC % is 4.58% (calculated using TTM income statement data).
Dubai Investments PJSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Dubai Investments PJSC's WACC % is 9.13%. Dubai Investments PJSC's ROIC % is 4.58% (calculated using TTM income statement data).
Dubai Investments PJSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
* 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.
For the Real Estate - Development subindustry, Dubai Investments PJSC's ROIC %, along with its competitors' market caps and ROIC % 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.
Dubai Investments PJSC ROIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Dubai Investments PJSC's ROIC % distribution charts can be found below:
* The bar in red indicates where Dubai Investments PJSC's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
Dubai Investments PJSC (DFM:DIC) has a ROIC % of 5.47% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Dubai Investments PJSC and its competitors.
Is Dubai Investments PJSC's ROIC % too high?
Dubai Investments PJSC's current ROIC % is 5.47%. The Real Estate industry median ROIC % is 2.19. Dubai Investments PJSC's value of 5.47% is 149.8% above this industry median. Overall, Dubai Investments PJSC has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Investments PJSC's ROIC % compare to competitors?
Dubai Investments PJSC's ROIC % of 5.47% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.19. Dubai Investments PJSC's value of 5.47% is 149.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Real Estate company?
The median ROIC % among Real Estate companies is 2.19, based on 1,757 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Investments PJSC's current ROIC % of 5.47% is 149.8% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Dubai Investments PJSC and its competitors. For the Real Estate industry, the median ROIC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Investments PJSC's current ROIC % is 5.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Investments PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Investments PJSC (DFM:DIC) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ2.70, compared to a current price of د.إ3.78 — trading 40% above its estimated fair value. The current ROIC % is 5.47% and 149.8% above the Real Estate industry median of 2.19. Dubai Investments PJSC's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Dubai Investments PJSC (DFM:DIC), the current ROIC % is 5.47% 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 Dubai Investments PJSC (DFM:DIC) Overvalued in 2026?
Based on GuruFocus' analysis, Dubai Investments PJSC stock appears to be overvalued.
The current stock price of د.إ3.78 is trading 40% above its estimated GF Value™ of د.إ2.70.
GuruFocus considers Dubai Investments PJSC to be Significantly Overvalued.
Key valuation signals for DFM:DIC:
ROIC %: 5.47%
GF Value™: د.إ2.70 vs. price of د.إ3.78 (40% above fair value)
Industry Position: 149.8% above the Real Estate median
No single metric tells the full story. See the DFM:DIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dubai Investments PJSC is an investment company with a focus on real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The Property segment develops real estate for sale and leasing. The Manufacturing, Contracting, and Services segment manufactures and sells materials used in construction projects, executes construction contracts, produces raw and architectural glass, pharmaceutical products, cooling services, produces aluminum extruded products, laboratory furniture, healthcare, and education. The Investments segment includes strategic minority investments in associates, investment banking, asset management, and financial investments. It generates the majority of its revenue from the Property segment.
60GF Score
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