National Gas CoOG (MUS:NGCI) Net Margin %: -1.79% (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
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What is National Gas CoOG Net Margin %?

National Gas CoOG MUS:NGCI 37 Net Margin % is -1.79% 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. Among 501 Utilities - Regulated companies, National Gas CoOG ranks worse than 90.02% on this metric.

Net margin is calculated as Net Income divided by its Revenue. National Gas CoOG's Net Income for the three months ended in Dec. 2025 was ر.ع-0.37 Mil. National Gas CoOG's Revenue for the three months ended in Dec. 2025 was ر.ع20.46 Mil. Therefore, National Gas CoOG's net margin for the quarter that ended in Dec. 2025 was -1.79%.

The historical rank and industry rank for National Gas CoOG's Net Margin % or its related term are showing as below:

MUS:NGCI' s Net Margin % Range Over the Past 10 Years
Min: -2.1   Med: 0.28   Max: 4.61
Current: -0.95


MUS:NGCI's Net Margin % is ranked worse than
90.02% of 501 companies
in the Utilities - Regulated industry
Industry Median: 8.8 vs MUS:NGCI: -0.95

National Gas CoOG  (MUS:NGCI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


National Gas CoOG Net Margin % Related Terms


National Gas CoOG Net Margin % Historical Data

* Premium members only.

The historical data trend for National Gas CoOG's Net 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.

National Gas CoOG Net Margin % Chart

National Gas CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.10 0.54 -0.35 0.01 -0.95

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
Net Margin % 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 0.88 -0.96 -0.54 -0.50 -1.79

MUS:NGCI vs ATO, NI, UGI: Net Margin % Comparison

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

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

* The bar in red indicates where National Gas CoOG's Net Margin % falls into.


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

National Gas CoOG Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-0.791/83.405
=-0.95 %

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

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-0.366/20.46
=-1.79 %

* 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 Net Margin % →
What does a Net Margin % of -1.79% mean?
National Gas CoOG (MUS:NGCI) has a Net Margin % of -1.79% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on National Gas CoOG and its competitors. According to the industry distribution chart, National Gas CoOG ranks #451 out of 501 companies in the Utilities - Regulated industry, placing it in the top 90%.
Is National Gas CoOG's Net Margin % too high?
National Gas CoOG's current Net Margin % is -1.79%. Based on the distribution chart, National Gas CoOG ranks #451 out of 501 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. 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 Net Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, National Gas CoOG ranks #451 out of 501 companies for Net Margin %. This places National Gas CoOG in the lower half of its industry. The industry median Net Margin % is 8.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on National Gas CoOG and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Gas CoOG's current Net Margin % is -1.79%. 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 Net Margin % is -1.79%. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For National Gas CoOG (MUS:NGCI), the current Net Margin % is -1.79% 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:

  • Net Margin %: -1.79%
  • 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

Net Margin % 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