National Gas CoOG (MUS:NGCI) EBIT: ر.ع0.24 Mil (TTM As of Dec. 2025)


MUS:NGCI National Gas Co SAOG MUS:NGCI
37 GF Score
Price ر.ع0.11
GF Value ر.ع0.09
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is National Gas CoOG EBIT?

National Gas CoOG MUS:NGCI 37 EBIT is ر.ع0.24 Mil as of Dec. 2025. GuruFocus rates MUS:NGCI with a GF Score™ of 37/100 and a GF Value™ of ر.ع0.09 (Modestly Overvalued). The stock has 7 warning signs investors should review.

National Gas CoOG's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was ر.ع0.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was ر.ع0.24 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. National Gas CoOG's annualized ROC % for the quarter that ended in Dec. 2025 was 0.60%. National Gas CoOG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. National Gas CoOG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.03%.


National Gas CoOG  (MUS:NGCI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

National Gas CoOG's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=0.276 * ( 1 - 13.16% )/( (41.115 + 38.894)/ 2 )
=0.2396784/40.0045
=0.60 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

National Gas CoOG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.356/( ( (22.954 + max(0.2, 0)) + (22.574 + max(-2.584, 0)) )/ 2 )
=0.356/( ( 23.154 + 22.574 )/ 2 )
=0.356/22.864
=1.56 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.119 + 1.505 + 1.347) - (5.3 + 0 + 2.471)
=0.2

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.821 + 1.37 + 0.953) - (7.268 + 0 + 2.46)
=-2.584

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

National Gas CoOG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=0.238/23.070
=1.03 %

* 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 Gas CoOG EBIT Related Terms


National Gas CoOG EBIT Historical Data

* Premium members only.

The historical data trend for National Gas CoOG's EBIT 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 Gas CoOG EBIT Chart

National Gas CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.37 0.70 1.16 0.24

National Gas CoOG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EBIT 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 0.42 -0.03 0.02 0.16 0.09

MUS:NGCI vs ATO, NI, UGI: EBIT Comparison

For the Utilities - Regulated Gas subindustry, National Gas CoOG's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Gas CoOG EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, National Gas CoOG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where National Gas CoOG's EV-to-EBIT falls into.


MUS:NGCI
37GF Score
National Gas Co SAOG MUS:NGCI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Gas CoOG EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع0.24 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ر.ع0.24 Mil mean?
National Gas CoOG (MUS:NGCI) has a EBIT of ر.ع0.24 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on National Gas CoOG.
Is National Gas CoOG's EBIT too high?
National Gas CoOG's current EBIT is ر.ع0.24 Mil. Overall, National Gas CoOG has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Gas CoOG's EBIT compare to ATO and NI?
National Gas CoOG's EBIT of ر.ع0.24 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on National Gas CoOG. National Gas CoOG's current EBIT is ر.ع0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Gas CoOG stock overvalued right now?
Based on GuruFocus' analysis, National Gas CoOG (MUS:NGCI) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.09, compared to a current price of ر.ع0.11 — trading 17.8% above its estimated fair value. The current EBIT is ر.ع0.24 Mil. National Gas CoOG's overall GF Score™ is 37/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For National Gas CoOG (MUS:NGCI), the current EBIT is ر.ع0.24 Mil 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 Gas CoOG (MUS:NGCI) Overvalued in 2026?

Based on GuruFocus' analysis, National Gas CoOG stock appears to be overvalued. The current stock price of ر.ع0.11 is trading 17.8% above its estimated GF Value™ of ر.ع0.09. GuruFocus considers National Gas CoOG to be Modestly Overvalued.

Key valuation signals for MUS:NGCI:

  • EBIT: ر.ع0.24 Mil
  • GF Value™: ر.ع0.09 vs. price of ر.ع0.11 (17.8% above fair value)
  • GF Score™: 37/100 with 7 warning signs

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


National Gas CoOG Business Description

Address Al Khuwair Office, Al Khuwair, ONEIC Building, Muscat, OMN
National Gas Co SAOG operates as a Liquefied Petroleum Gas filling plant. The company is engaged in the marketing, selling, and distribution of LPG. The group's only business segment is the marketing and selling of LPG. It operates a large fleet of tankers to lift bulk LPG from refineries in the Sultanate to its plants where it is bottled into cylinders in safe and controlled conditions. The company has different sizes of tankers to meet customer demand and reduce distribution costs. The company has different departments for project and design which takes care of design, engineering, procurement, installation, commissioning and testing of all projects and post-sale services.
37GF Score

Get the complete analysis for MUS:NGCI

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

ر.ع0.11
Price
ر.ع0.09
GF Value