National Gas CoOGMUS:NGCI 37 FCF Margin % is 13.05% as of Dec. 2025, which is 358% above its 10-year median of 2.85. 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. Among 499 Utilities - Regulated companies, National Gas CoOG ranks better than 62.12% on this metric.
The historical rank and industry rank for National Gas CoOG's FCF Margin % or its related term are showing as below:
MUS:NGCI'
s FCF Margin % Range Over the Past 10 Years
Min: -13.29 Med: 2.85 Max: 13.82
Current: 6.72
During the past 13 years, the highest FCF Margin % of National Gas CoOG was 13.82%. The lowest was -13.29%. And the median was 2.85%.
MUS:NGCI's FCF Margin % is ranked better than 62.12% of 499
companies
in the Utilities - Regulated industry
Industry Median: 2.36
vs MUS:NGCI: 6.72
National Gas CoOG FCF Margin % Related Terms
National Gas CoOG FCF Margin % Historical Data
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The historical data trend for National Gas CoOG'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 Utilities - Regulated Gas subindustry, National Gas CoOG'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 Gas CoOG FCF Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, National Gas CoOG's FCF Margin % distribution charts can be found below:
* The bar in red indicates where National Gas CoOG'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 Gas CoOG (MUS:NGCI) has a FCF Margin % of 13.05% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on National Gas CoOG and its competitors. This is 358% above median its historical median of 2.85. According to the industry distribution chart, National Gas CoOG ranks #189 out of 499 companies in the Utilities - Regulated industry, placing it in the top 37.9%.
Is National Gas CoOG's FCF Margin % too high?
National Gas CoOG's current FCF Margin % of 13.05% is 358% above median its 10-year median of 2.85. The Utilities - Regulated industry median FCF Margin % is 2.36. National Gas CoOG's value of 13.05% is 453% above this industry median. Based on the distribution chart, National Gas CoOG ranks #189 out of 499 companies in the Utilities - Regulated industry, which is above the industry midpoint. 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 FCF Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, National Gas CoOG ranks #189 out of 499 companies for FCF Margin %. This puts National Gas CoOG in the upper half of its industry. The industry median FCF Margin % is 2.36. National Gas CoOG's value of 13.05% is 453% above this benchmark. While the company's 10-year median is 2.85 vs. the industry median of 2.36, National Gas CoOG has consistently been above the industry average. 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 Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.36, based on 499 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 Gas CoOG's current FCF Margin % of 13.05% is 453% 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 Gas CoOG and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Gas CoOG's current FCF Margin % is 13.05%, which is 358% above median its own 10-year median of 2.85. 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 FCF Margin % is 13.05%, which is 358% above median its 10-year median of 2.85 and 453% above the Utilities - Regulated industry median of 2.36. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For National Gas CoOG (MUS:NGCI), the current FCF Margin % is 13.05% 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:
FCF Margin %: 13.05% (358% above median its 10-year median of 2.85)
GF Value™: ر.ع0.09 vs. price of ر.ع0.11 (17.8% above fair value)
Industry Position: 453% above the Utilities - Regulated median (#189 of 499)
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 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
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