The historical rank and industry rank for National Refinery's FCF Margin % or its related term are showing as below:
KAR:NRL'
s FCF Margin % Range Over the Past 10 Years
Min: -13.92 Med: -3.79 Max: 6.18
Current: 1.3
During the past 13 years, the highest FCF Margin % of National Refinery was 6.18%. The lowest was -13.92%. And the median was -3.79%.
KAR:NRL's FCF Margin % is ranked worse than 57.62% of 906
companies
in the Oil & Gas industry
Industry Median: 3.285
vs KAR:NRL: 1.30
National Refinery FCF Margin % Related Terms
National Refinery FCF Margin % Historical Data
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The historical data trend for National Refinery's FCF Margin % 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.
For the Oil & Gas Refining & Marketing subindustry, National Refinery's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 Refinery FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Refinery's FCF Margin % distribution charts can be found below:
* The bar in red indicates where National Refinery's FCF Margin % falls into.
* 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 Refinery (KAR:NRL) has a FCF Margin % of 9.25% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on National Refinery and its competitors. According to the industry distribution chart, National Refinery ranks #522 out of 906 companies in the Oil & Gas industry, placing it in the top 57.6%.
Is National Refinery's FCF Margin % too high?
National Refinery's current FCF Margin % is 9.25%. The Oil & Gas industry median FCF Margin % is 3.29. National Refinery's value of 9.25% is 181.6% above this industry median. Based on the distribution chart, National Refinery ranks #522 out of 906 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, National Refinery has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Refinery's FCF Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, National Refinery ranks #522 out of 906 companies for FCF Margin %. This places National Refinery in the lower half of its industry. The industry median FCF Margin % is 3.29. National Refinery's value of 9.25% is 181.6% 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 FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Refinery's current FCF Margin % of 9.25% is 181.6% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on National Refinery and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Refinery's current FCF Margin % is 9.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Refinery stock overvalued right now?
Based on GuruFocus' analysis, National Refinery (KAR:NRL) is currently considered Fairly Valued. The stock's GF Value™ is ₨330.68, compared to a current price of ₨365.16 — trading 10.4% above its estimated fair value. The current FCF Margin % is 9.25% and 181.6% above the Oil & Gas industry median of 3.29. National Refinery's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For National Refinery (KAR:NRL), the current FCF Margin % is 9.25% 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 Refinery (KAR:NRL) Overvalued in 2026?
Based on GuruFocus' analysis, National Refinery stock appears to be overvalued.
The current stock price of ₨365.16 is trading 10.4% above its estimated GF Value™ of ₨330.68.
GuruFocus considers National Refinery to be Fairly Valued.
Key valuation signals for KAR:NRL:
FCF Margin %: 9.25%
GF Value™: ₨330.68 vs. price of ₨365.16 (10.4% above fair value)
Industry Position: 181.6% above the Oil & Gas median (#522 of 906)
No single metric tells the full story. See the KAR:NRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Refinery Ltd is a Pakistan-based company engaged in manufacturing and supplying fuel products, lubes, BTX, asphalts and specialty products for domestic consumption and export. It is also involved in the crude oil refining business. The company operates through two segments namely Fuel and Lube. The Fuel segment, which is the key revenue driver, is engaged in the production of high-speed diesel, naphtha, motor gasoline, liquefied petroleum gas, jet fuels, and furnace oil. The Lube segment produces multiple grades of lube base oils, bitumen, waxes and rubber process oil and some quantities of other fuel products. It derives maximum revenue from Fuel Segment.
70GF Score
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