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Oil & Gas Development CoLSE:OGDC 87 Return-on-Tangible-Asset is 10.97% as of Mar. 2026, which is 9% below its 10-year median of 12.08. GuruFocus rates LSE:OGDC with a GF Score™ of 87/100 and a GF Value™ of $4.14. The stock has 7 warning signs investors should review. Among 1,024 Oil & Gas companies, Oil & Gas Development Co ranks better than 85.64% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Oil & Gas Development Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $608 Mil. Oil & Gas Development Co's average total tangible assets for the quarter that ended in Mar. 2026 was $5,545 Mil. Therefore, Oil & Gas Development Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.97%.
The historical rank and industry rank for Oil & Gas Development Co's Return-on-Tangible-Asset or its related term are showing as below:
LSE:OGDC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.92 Med: 12.08 Max: 17.59
Current: 10.05
During the past 13 years, Oil & Gas Development Co's highest Return-on-Tangible-Asset was 17.59%. The lowest was 9.92%. And the median was 12.08%.
LSE:OGDC's Return-on-Tangible-Asset is ranked better than 85.64% of 1024
companies
in the Oil & Gas industry
Industry Median: 2.08
vs LSE:OGDC: 10.05
Oil & Gas Development Co (LSE:OGDC) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Oil & Gas Development Co Return-on-Tangible-Asset Related Terms
Oil & Gas Development Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Oil & Gas Development Co's Return-on-Tangible-Asset 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.
Oil & Gas Development Co Return-on-Tangible-Asset Chart
LSE:OGDC vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Oil & Gas Development Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 & Gas Development Co Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oil & Gas Development Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Oil & Gas Development Co's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.97% mean?
Oil & Gas Development Co (LSE:OGDC) has a Return-on-Tangible-Asset of 10.97% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Oil & Gas Development Co and its competitors. This is near median its historical median of 12.08. Over the past decade, Oil & Gas Development Co's Return-on-Tangible-Asset has ranged from 9.92 to 17.59. According to the industry distribution chart, Oil & Gas Development Co ranks #147 out of 1024 companies in the Oil & Gas industry, placing it in the top 14.4%.
Is Oil & Gas Development Co's Return-on-Tangible-Asset too high?
Oil & Gas Development Co's current Return-on-Tangible-Asset of 10.97% is near median its 10-year median of 12.08. Over the past 10 years, this metric has ranged from a low of 9.92 to a high of 17.59. The Oil & Gas industry median Return-on-Tangible-Asset is 2.08. Oil & Gas Development Co's value of 10.97% is 427.4% above this industry median. Based on the distribution chart, Oil & Gas Development Co ranks #147 out of 1024 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Oil & Gas Development Co has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Oil & Gas Development Co's Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Oil & Gas Development Co ranks #147 out of 1024 companies for Return-on-Tangible-Asset. This places Oil & Gas Development Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.08. Oil & Gas Development Co's value of 10.97% is 427.4% above this benchmark. Historically, Oil & Gas Development Co's own Return-on-Tangible-Asset has ranged from 9.92 to 17.59 over the past decade. While the company's 10-year median is 12.08 vs. the industry median of 2.08, Oil & Gas Development Co 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 Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.08, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oil & Gas Development Co's current Return-on-Tangible-Asset of 10.97% is 427.4% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Oil & Gas Development Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil & Gas Development Co's current Return-on-Tangible-Asset is 10.97%, which is near median its own 10-year median of 12.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil & Gas Development Co stock overvalued right now?
Oil & Gas Development Co (LSE:OGDC) has a current Return-on-Tangible-Asset of 10.97%. The stock's GF Value™ is $4.14, compared to a current price of $8.05 — trading 94.4% above its estimated fair value. The current Return-on-Tangible-Asset is 10.97%, which is near median its 10-year median of 12.08 and 427.4% above the Oil & Gas industry median of 2.08. Oil & Gas Development Co's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Oil & Gas Development Co (LSE:OGDC), the current Return-on-Tangible-Asset is 10.97% 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 & Gas Development Co (LSE:OGDC) Overvalued in 2026?
Based on GuruFocus' analysis, Oil & Gas Development Co stock appears to be overvalued.
The current stock price of $8.05 is trading 94.4% above its estimated GF Value™ of $4.14.
Key valuation signals for LSE:OGDC:
Return-on-Tangible-Asset: 10.97% (near median its 10-year median of 12.08)
GF Value™: $4.14 vs. price of $8.05 (94.4% above fair value)
Industry Position: 427.4% above the Oil & Gas median (#147 of 1024)
No single metric tells the full story. See the LSE:OGDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oil & Gas Development Co Ltd is a Pakistani state-owned oil and gas exploration and production company. It operates a broad portfolio of oil and gas fields across Pakistan, focusing on exploring, developing, producing, and selling crude oil, natural gas, liquefied petroleum gas, and sulfur. The company generates revenue through the sale of these petroleum products, supplying sectors like power generation, fertilizer, and distribution companies. The company also pursues opportunities to expand domestically and internationally, including involvement in mining and energy projects beyond Pakistan.
87GF Score
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