National Petroleum Services Co KSC (KUW:NAPESCO) 3-Year ROIIC % : 54.98% (As of Dec. 2025) — 65% Above Median

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KUW:NAPESCO National Petroleum Services Co KSC KUW:NAPESCO
99 GF Score
Price KWD1.44
GF Value KWD1.50
Valuation Fairly Valued
! 1 Warning Sign
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What is National Petroleum Services Co KSC 3-Year ROIIC %?

National Petroleum Services Co KSC KUW:NAPESCO -1.37% 99 3-Year ROIIC % is 54.98 as of Dec. 2025, which is 65% above its 10-year median of 33.37. GuruFocus rates KUW:NAPESCO with a GF Score™ of 99/100 and a GF Value™ of KWD1.50 (Fairly Valued). The stock has 1 warning sign investors should review. Among 929 Oil & Gas companies, National Petroleum Services Co KSC ranks better than 86.22% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. National Petroleum Services Co KSC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 54.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for National Petroleum Services Co KSC's 3-Year ROIIC % or its related term are showing as below:

KUW:NAPESCO's 3-Year ROIIC % is ranked better than
86.22% of 929 companies
in the Oil & Gas industry
Industry Median: -0.3 vs KUW:NAPESCO: 54.98

National Petroleum Services Co KSC  (KUW:NAPESCO) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


National Petroleum Services Co KSC 3-Year ROIIC % Related Terms


National Petroleum Services Co KSC 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for National Petroleum Services Co KSC's 3-Year ROIIC % 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 3-Year ROIIC % Chart

National Petroleum Services Co KSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -138.49 -96.46 11.08 21.85 54.98

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
3-Year ROIIC % 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 0.00 0.00 0.00 54.98 0.00

KUW:NAPESCO vs SLB, BKR, FTI: 3-Year ROIIC % Comparison

For the Oil & Gas Equipment & Services subindustry, National Petroleum Services Co KSC's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Petroleum Services Co KSC's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where National Petroleum Services Co KSC's 3-Year ROIIC % falls into.


KUW:NAPESCO
99GF Score
National Petroleum Services Co KSC KUW:NAPESCO
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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National Petroleum Services Co KSC 3-Year ROIIC % Calculation

National Petroleum Services Co KSC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 16.2375939 (Dec. 2025) - 6.7149812 (Dec. 2022) )/( 49.577 (Dec. 2025) - 32.257 (Dec. 2022) )
=9.5226127/17.32
=54.98%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 54.98 mean?
National Petroleum Services Co KSC (KUW:NAPESCO) has a 3-Year ROIIC % of 54.98 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on National Petroleum Services Co KSC and its competitors. This is 65% above median its historical median of 33.37. According to the industry distribution chart, National Petroleum Services Co KSC ranks #128 out of 929 companies in the Oil & Gas industry, placing it in the top 13.8%.
Is National Petroleum Services Co KSC's 3-Year ROIIC % too high?
National Petroleum Services Co KSC's current 3-Year ROIIC % of 54.98 is 65% above median its 10-year median of 33.37. Based on the distribution chart, National Petroleum Services Co KSC ranks #128 out of 929 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 3-Year ROIIC % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, National Petroleum Services Co KSC ranks #128 out of 929 companies for 3-Year ROIIC %. This places National Petroleum Services Co KSC in the top 14% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on National Petroleum Services Co KSC and its competitors. National Petroleum Services Co KSC's current 3-Year ROIIC % is 54.98, which is 65% above median its own 10-year median of 33.37. 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 KWD1.50, compared to a current price of KWD1.44 — trading 4% below its estimated fair value. The current 3-Year ROIIC % is 54.98, which is 65% above median its 10-year median of 33.37. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For National Petroleum Services Co KSC (KUW:NAPESCO), the current 3-Year ROIIC % is 54.98 as of Dec. 2025. 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 KWD1.44 is trading 4% below its estimated GF Value™ of KWD1.50. GuruFocus considers National Petroleum Services Co KSC to be Fairly Valued.

Key valuation signals for KUW:NAPESCO:

  • 3-Year ROIIC %: 54.98 (65% above median its 10-year median of 33.37)
  • GF Value™: KWD1.50 vs. price of KWD1.44 (4% below fair value)
  • GF Score™: 99/100 with 1 warning sign

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

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

KWD1.44
Price
KWD1.50
GF Value