Oil & Gas Development CoLSE:OGDC 87 Return-on-Tangible-Equity is 13.70% as of Mar. 2026, which is 8% below its 10-year median of 14.85. GuruFocus rates LSE:OGDC with a GF Score™ of 87/100 and a GF Value™ of $3.99 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 947 Oil & Gas companies, Oil & Gas Development Co ranks better than 65.58% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Oil & Gas Development Co's annualized net income for the quarter that ended in Mar. 2026 was $608 Mil. Oil & Gas Development Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $4,434 Mil. Therefore, Oil & Gas Development Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.70%.
The historical rank and industry rank for Oil & Gas Development Co's Return-on-Tangible-Equity or its related term are showing as below:
LSE:OGDC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.37 Med: 14.85 Max: 22.94
Current: 12.44
During the past 13 years, Oil & Gas Development Co's highest Return-on-Tangible-Equity was 22.94%. The lowest was 12.37%. And the median was 14.85%.
LSE:OGDC's Return-on-Tangible-Equity is ranked better than 65.58% of 947
companies
in the Oil & Gas industry
Industry Median: 6.74
vs LSE:OGDC: 12.44
Oil & Gas Development Co (LSE:OGDC) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Oil & Gas Development Co Return-on-Tangible-Equity Related Terms
Oil & Gas Development Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Oil & Gas Development Co's Return-on-Tangible-Equity 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-Equity Chart
LSE:OGDC vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Oil & Gas Development Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oil & Gas Development Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Oil & Gas Development Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.70% mean?
Oil & Gas Development Co (LSE:OGDC) has a Return-on-Tangible-Equity of 13.70% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Oil & Gas Development Co and its competitors. This is near median its historical median of 14.85. Over the past decade, Oil & Gas Development Co's Return-on-Tangible-Equity has ranged from 12.37 to 22.94. According to the industry distribution chart, Oil & Gas Development Co ranks #326 out of 947 companies in the Oil & Gas industry, placing it in the top 34.4%.
Is Oil & Gas Development Co's Return-on-Tangible-Equity too high?
Oil & Gas Development Co's current Return-on-Tangible-Equity of 13.70% is near median its 10-year median of 14.85. Over the past 10 years, this metric has ranged from a low of 12.37 to a high of 22.94. The Oil & Gas industry median Return-on-Tangible-Equity is 6.74. Oil & Gas Development Co's value of 13.70% is 103.3% above this industry median. Based on the distribution chart, Oil & Gas Development Co ranks #326 out of 947 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Oil & Gas Development Co has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oil & Gas Development Co's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Oil & Gas Development Co ranks #326 out of 947 companies for Return-on-Tangible-Equity. This puts Oil & Gas Development Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.74. Oil & Gas Development Co's value of 13.70% is 103.3% above this benchmark. Historically, Oil & Gas Development Co's own Return-on-Tangible-Equity has ranged from 12.37 to 22.94 over the past decade. While the company's 10-year median is 14.85 vs. the industry median of 6.74, 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-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 947 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 13.70% is 103.3% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Oil & Gas Development Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — 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-Equity is 13.70%, which is near median its own 10-year median of 14.85. 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?
Based on GuruFocus' analysis, Oil & Gas Development Co (LSE:OGDC) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.99, compared to a current price of $8.05 — trading 101.8% above its estimated fair value. The current Return-on-Tangible-Equity is 13.70%, which is near median its 10-year median of 14.85 and 103.3% above the Oil & Gas industry median of 6.74. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Oil & Gas Development Co (LSE:OGDC), the current Return-on-Tangible-Equity is 13.70% 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 101.8% above its estimated GF Value™ of $3.99.
GuruFocus considers Oil & Gas Development Co to be Significantly Overvalued.
Key valuation signals for LSE:OGDC:
Return-on-Tangible-Equity: 13.70% (near median its 10-year median of 14.85)
GF Value™: $3.99 vs. price of $8.05 (101.8% above fair value)
Industry Position: 103.3% above the Oil & Gas median (#326 of 947)
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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