The historical rank and industry rank for Oil & Natural Gas's FCF Margin % or its related term are showing as below:
NSE:ONGC'
s FCF Margin % Range Over the Past 10 Years
Min: 1.39 Med: 4.88 Max: 8.87
Current: 8.87
During the past 13 years, the highest FCF Margin % of Oil & Natural Gas was 8.87%. The lowest was 1.39%. And the median was 4.88%.
NSE:ONGC's FCF Margin % is ranked better than 67.44% of 906
companies
in the Oil & Gas industry
Industry Median: 3.285
vs NSE:ONGC: 8.87
Oil & Natural Gas FCF Margin % Related Terms
Oil & Natural Gas FCF Margin % Historical Data
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The historical data trend for Oil & Natural Gas'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 Integrated subindustry, Oil & Natural Gas'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.
Oil & Natural Gas FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oil & Natural Gas's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Oil & Natural Gas'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.
Oil & Natural Gas (NSE:ONGC) has a FCF Margin % of 0.00% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Oil & Natural Gas and its competitors. Over the past decade, Oil & Natural Gas' FCF Margin % has ranged from 1.39 to 8.87. According to the industry distribution chart, Oil & Natural Gas ranks #295 out of 906 companies in the Oil & Gas industry, placing it in the top 32.6%.
Is Oil & Natural Gas' FCF Margin % too high?
Oil & Natural Gas' current FCF Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 8.87. Based on the distribution chart, Oil & Natural Gas ranks #295 out of 906 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Oil & Natural Gas has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oil & Natural Gas' FCF Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Oil & Natural Gas ranks #295 out of 906 companies for FCF Margin %. This puts Oil & Natural Gas in the upper half of its industry. The industry median FCF Margin % is 3.29. Historically, Oil & Natural Gas' own FCF Margin % has ranged from 1.39 to 8.87 over the past decade. 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. 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 Oil & Natural Gas 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. Oil & Natural Gas's current FCF Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil & Natural Gas stock overvalued right now?
Based on GuruFocus' analysis, Oil & Natural Gas (NSE:ONGC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹268.77, compared to a current price of ₹233.10 — trading 13.3% below its estimated fair value. The current FCF Margin % is 0.00%. Oil & Natural Gas' overall GF Score™ is 88/100 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 Oil & Natural Gas (NSE:ONGC), the current FCF Margin % is 0.00% 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 Oil & Natural Gas (NSE:ONGC) Overvalued in 2026?
Based on GuruFocus' analysis, Oil & Natural Gas stock appears to be undervalued.
The current stock price of ₹233.10 is trading 13.3% below its estimated GF Value™ of ₹268.77.
GuruFocus considers Oil & Natural Gas to be Modestly Undervalued.
Key valuation signals for NSE:ONGC:
FCF Margin %: 0.00%
GF Value™: ₹268.77 vs. price of ₹233.10 (13.3% below fair value)
No single metric tells the full story. See the NSE:ONGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oil & Natural Gas Corp Ltd is an Indian-based company. It engaged in the exploration, development, and production of crude oil, natural gas, and value-added products. Along with its subsidiaries, the company operates in the following business segments: Refining and Marketing, which derives maximum revenue, Exploration and Production, and Petrochemicals. Geographically, the group derives maximum revenue from India, from its offshore and onshore activities, and is also involved in exploration and production activities outside India.
88GF Score
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