National Gas CoOG (MUS:NGCI) Enterprise Value: ر.ع23.50 Mil (As of Jul. 01, 2026) ***


MUS:NGCI National Gas Co SAOG MUS:NGCI
36 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 Enterprise Value?

National Gas CoOG MUS:NGCI -0.89% 36 Enterprise Value is ر.ع23.50 Mil as of Jul. 01, 2026. GuruFocus rates MUS:NGCI with a GF Score™ of 36/100 and a GF Value™ of ر.ع0.09 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, National Gas CoOG's Enterprise Value is ر.ع23.50 Mil. National Gas CoOG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was ر.ع0.24 Mil. Therefore, National Gas CoOG's EV-to-EBIT ratio for today is 98.72.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, National Gas CoOG's Enterprise Value is ر.ع23.50 Mil. National Gas CoOG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was ر.ع3.17 Mil. Therefore, National Gas CoOG's EV-to-EBITDA ratio for today is 7.42.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, National Gas CoOG's Enterprise Value is ر.ع23.50 Mil. National Gas CoOG's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was ر.ع83.41 Mil. Therefore, National Gas CoOG's EV-to-Revenue ratio for today is 0.28.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, National Gas CoOG's Enterprise Value is ر.ع23.50 Mil. National Gas CoOG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was ر.ع7.67 Mil. Therefore, National Gas CoOG's EV-to-OCF ratio for today is 3.07.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, National Gas CoOG's Enterprise Value is ر.ع23.50 Mil. National Gas CoOG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was ر.ع5.60 Mil. Therefore, National Gas CoOG's EV-to-FCF ratio for today is 4.19.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


National Gas CoOG  (MUS:NGCI) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

National Gas CoOG's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=23.495/0.238
=98.72

National Gas CoOG's current Enterprise Value is ر.ع23.50 Mil.
National Gas CoOG's 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

National Gas CoOG's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=23.495/3.166
=7.42

National Gas CoOG's current Enterprise Value is ر.ع23.50 Mil.
National Gas CoOG's EBITDA 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.ع3.17 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

National Gas CoOG's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=23.495/83.406
=0.28

National Gas CoOG's current Enterprise Value is ر.ع23.50 Mil.
National Gas CoOG's Revenue 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.ع83.41 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

National Gas CoOG's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=23.495/7.665
=3.07

National Gas CoOG's current Enterprise Value is ر.ع23.50 Mil.
National Gas CoOG's Cash Flow from Operations 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.ع7.67 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

National Gas CoOG's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=23.495/5.601
=4.19

National Gas CoOG's current Enterprise Value is ر.ع23.50 Mil.
National Gas CoOG's Free Cash Flow 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.ع5.60 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.


National Gas CoOG Enterprise Value Related Terms


National Gas CoOG Enterprise Value Historical Data

* Premium members only.

The historical data trend for National Gas CoOG's Enterprise Value 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 Enterprise Value Chart

National Gas CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.70 24.73 19.14 23.67 21.80

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
Enterprise Value 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 23.67 22.53 24.48 23.08 21.80

MUS:NGCI vs ATO, NI, UGI: Enterprise Value Comparison

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

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

* The bar in red indicates where National Gas CoOG's Enterprise Value falls into.


MUS:NGCI
36GF Score
National Gas Co SAOG MUS:NGCI
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Gas CoOG Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

National Gas CoOG's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

National Gas CoOG's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ر.ع23.50 Mil mean?
National Gas CoOG (MUS:NGCI) has a Enterprise Value of ر.ع23.50 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on National Gas CoOG and its competitors.
Is National Gas CoOG's Enterprise Value too high?
National Gas CoOG's current Enterprise Value is ر.ع23.50 Mil. Overall, National Gas CoOG has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Gas CoOG's Enterprise Value compare to ATO and NI?
National Gas CoOG's Enterprise Value of ر.ع23.50 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 Enterprise Value for an Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on National Gas CoOG and its competitors. National Gas CoOG's current Enterprise Value is ر.ع23.50 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 23.3% above its estimated fair value. The current Enterprise Value is ر.ع23.50 Mil. National Gas CoOG's overall GF Score™ is 36/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For National Gas CoOG (MUS:NGCI), the current Enterprise Value is ر.ع23.50 Mil as of Jul. 01, 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 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 23.3% above its estimated GF Value™ of ر.ع0.09. GuruFocus considers National Gas CoOG to be Modestly Overvalued.

Key valuation signals for MUS:NGCI:

  • Enterprise Value: ر.ع23.50 Mil
  • GF Value™: ر.ع0.09 vs. price of ر.ع0.11 (23.3% above fair value)
  • GF Score™: 36/100 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.
36GF Score

Get the complete analysis for MUS:NGCI

Enterprise Value 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