National Gas & Industrialization Co (SAU:2080) Return-on-Tangible-Asset: 7.89% (As of Jun. 2026) — 12% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:2080 National Gas & Industrialization Co SAU:2080
80 GF Score
Price ﷼60.50
GF Value ﷼101.98
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is National Gas & Industrialization Co Return-on-Tangible-Asset?

National Gas & Industrialization Co SAU:2080 -1.31% 80 Return-on-Tangible-Asset is 7.89% as of Jun. 2026, which is 12% below its 10-year median of 8.99. GuruFocus rates SAU:2080 with a GF Score™ of 80/100 and a GF Value™ of ﷼101.98 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,036 Oil & Gas companies, National Gas & Industrialization Co ranks better than 85.52% 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. National Gas & Industrialization Co's annualized Net Income for the quarter that ended in Jun. 2026 was ﷼237 Mil. National Gas & Industrialization Co's average total tangible assets for the quarter that ended in Jun. 2026 was ﷼3,000 Mil. Therefore, National Gas & Industrialization Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.89%.

The historical rank and industry rank for National Gas & Industrialization Co's Return-on-Tangible-Asset or its related term are showing as below:

SAU:2080' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.48   Med: 8.99   Max: 10.17
Current: 9.92

During the past 13 years, National Gas & Industrialization Co's highest Return-on-Tangible-Asset was 10.17%. The lowest was 4.48%. And the median was 8.99%.

SAU:2080's Return-on-Tangible-Asset is ranked better than
85.52% of 1036 companies
in the Oil & Gas industry
Industry Median: 2.455 vs SAU:2080: 9.92

National Gas & Industrialization Co  (SAU:2080) 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 company’s 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 company’s 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.


National Gas & Industrialization Co Return-on-Tangible-Asset Related Terms


National Gas & Industrialization Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for National Gas & Industrialization 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.

National Gas & Industrialization Co Return-on-Tangible-Asset Chart

National Gas & Industrialization Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.80 9.17 9.37 9.70 9.31

National Gas & Industrialization Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset 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 8.47 10.85 9.61 11.83 7.89

SAU:2080 vs XOM, CVX: Return-on-Tangible-Asset Comparison

For the Oil & Gas Integrated subindustry, National Gas & Industrialization 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.


National Gas & Industrialization Co Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Gas & Industrialization Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where National Gas & Industrialization Co's Return-on-Tangible-Asset falls into.


SAU:2080
80GF Score
National Gas & Industrialization Co SAU:2080
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Gas & Industrialization Co Return-on-Tangible-Asset Calculation

National Gas & Industrialization Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=249.132/( (2641.499+2710.311)/ 2 )
=249.132/2675.905
=9.31 %

National Gas & Industrialization Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=236.7/( (2849.601+3151.391)/ 2 )
=236.7/3000.496
=7.89 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 7.89% mean?
National Gas & Industrialization Co (SAU:2080) has a Return-on-Tangible-Asset of 7.89% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on National Gas & Industrialization Co and its competitors. This is 12% below median its historical median of 8.99. Over the past decade, National Gas & Industrialization Co's Return-on-Tangible-Asset has ranged from 4.48 to 10.17. According to the industry distribution chart, National Gas & Industrialization Co ranks #150 out of 1036 companies in the Oil & Gas industry, placing it in the top 14.5%.
Is National Gas & Industrialization Co's Return-on-Tangible-Asset too high?
National Gas & Industrialization Co's current Return-on-Tangible-Asset of 7.89% is 12% below median its 10-year median of 8.99. Over the past 10 years, this metric has ranged from a low of 4.48 to a high of 10.17. The Oil & Gas industry median Return-on-Tangible-Asset is 2.46. National Gas & Industrialization Co's value of 7.89% is 221.4% above this industry median. Based on the distribution chart, National Gas & Industrialization Co ranks #150 out of 1036 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, National Gas & Industrialization Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Gas & Industrialization Co's Return-on-Tangible-Asset compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, National Gas & Industrialization Co ranks #150 out of 1036 companies for Return-on-Tangible-Asset. This places National Gas & Industrialization Co in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.46. National Gas & Industrialization Co's value of 7.89% is 221.4% above this benchmark. Historically, National Gas & Industrialization Co's own Return-on-Tangible-Asset has ranged from 4.48 to 10.17 over the past decade. While the company's 10-year median is 8.99 vs. the industry median of 2.46, National Gas & Industrialization 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 2.46, based on 1,036 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. National Gas & Industrialization Co's current Return-on-Tangible-Asset of 7.89% is 221.4% 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 National Gas & Industrialization Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Gas & Industrialization Co's current Return-on-Tangible-Asset is 7.89%, which is 12% below median its own 10-year median of 8.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Gas & Industrialization Co stock overvalued right now?
Based on GuruFocus' analysis, National Gas & Industrialization Co (SAU:2080) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼101.98, compared to a current price of ﷼60.50 — trading 40.7% below its estimated fair value. The current Return-on-Tangible-Asset is 7.89%, which is 12% below median its 10-year median of 8.99 and 221.4% above the Oil & Gas industry median of 2.46. National Gas & Industrialization Co's overall GF Score™ is 80/100 with 2 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 National Gas & Industrialization Co (SAU:2080), the current Return-on-Tangible-Asset is 7.89% as of Jun. 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 Gas & Industrialization Co (SAU:2080) Overvalued in 2026?

Based on GuruFocus' analysis, National Gas & Industrialization Co stock appears to be undervalued. The current stock price of ﷼60.50 is trading 40.7% below its estimated GF Value™ of ﷼101.98. GuruFocus considers National Gas & Industrialization Co to be Significantly Undervalued.

Key valuation signals for SAU:2080:

  • Return-on-Tangible-Asset: 7.89% (12% below median its 10-year median of 8.99)
  • GF Value™: ﷼101.98 vs. price of ﷼60.50 (40.7% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 221.4% above the Oil & Gas median (#150 of 1036)

No single metric tells the full story. See the SAU:2080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Gas & Industrialization Co Business Description

Industry EnergyOil & Gas
Address Prince Abdul Aziz bin Musaid Ben Galloway, No 331, P.O. Box 564, Olaya Area, North of King Fahd Medical City Building, Riyadh, SAU, 11421
National Gas & Industrialization Co is engaged in carrying out all work related to the exploitation, manufacturing, and marketing of all kinds of gas and its derivatives and industrial gases inside and outside the Kingdom of Saudi Arabia. Along with its subsidiaries, it is also involved in other business activities such as; selling, manufacturing, and maintaining cages, cylinders, tanks, and accessories; maintenance of gas networks and accessories; providing water treatment and environmental services; participating in energy production; and acquiring real estate and purchasing land for the construction of buildings, etc. The company's business segments are; Central region SR, which derives maximum revenue, Western region SR, Eastern region SR, and Southern region SR.
80GF Score

Get the complete analysis for SAU:2080

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼60.50
Price
﷼101.98
GF Value