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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Transportadora de Gas del Norte's annualizedNet Income for the quarter that ended in Mar. 2026 was ARS161,242 Mil.
Transportadora de Gas del Norte's average Total Assets over the quarter that ended in Mar. 2026 was ARS1,359,842 Mil. Therefore, Transportadora de Gas del Norte's annualized ROA % for the quarter that ended in Mar. 2026 was 11.86%.
BUE:TGNO1'
s ROA % Range Over the Past 10 Years
Min: -12.47 Med: 6.08 Max: 16.57
Current: 14.82
During the past 13 years, Transportadora de Gas del Norte's highest ROA % was 16.57%. The lowest was -12.47%. And the median was 6.08%.
BUE:TGNO1's ROA % is ranked better than 93% of 1028
companies
in the Oil & Gas industry
Industry Median: 1.92
vs BUE:TGNO1: 14.82
Transportadora de Gas del Norte (BUE:TGNO1) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Transportadora de Gas del Norte ROA % Related Terms
Transportadora de Gas del Norte ROA % Historical Data
* 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 Midstream subindustry, Transportadora de Gas del Norte's ROA %, along with its competitors' market caps and ROA % 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.
Transportadora de Gas del Norte ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Transportadora de Gas del Norte's ROA % distribution charts can be found below:
* The bar in red indicates where Transportadora de Gas del Norte's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Transportadora de Gas del Norte (BUE:TGNO1) has a ROA % of 11.86% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Transportadora de Gas del Norte and its competitors. This is 95% above median its historical median of 6.08. According to the industry distribution chart, Transportadora de Gas del Norte ranks #72 out of 1028 companies in the Oil & Gas industry, placing it in the top 7%.
Is Transportadora de Gas del Norte's ROA % too high?
Transportadora de Gas del Norte's current ROA % of 11.86% is 95% above median its 10-year median of 6.08. The Oil & Gas industry median ROA % is 1.92. Transportadora de Gas del Norte's value of 11.86% is 517.7% above this industry median. Based on the distribution chart, Transportadora de Gas del Norte ranks #72 out of 1028 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Transportadora de Gas del Norte has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Transportadora de Gas del Norte's ROA % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Transportadora de Gas del Norte ranks #72 out of 1028 companies for ROA %. This places Transportadora de Gas del Norte in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 1.92. Transportadora de Gas del Norte's value of 11.86% is 517.7% above this benchmark. While the company's 10-year median is 6.08 vs. the industry median of 1.92, Transportadora de Gas del Norte 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 ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.92, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transportadora de Gas del Norte's current ROA % of 11.86% is 517.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Transportadora de Gas del Norte and its competitors. For the Oil & Gas industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transportadora de Gas del Norte's current ROA % is 11.86%, which is 95% above median its own 10-year median of 6.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transportadora de Gas del Norte stock overvalued right now?
Transportadora de Gas del Norte (BUE:TGNO1) has a current ROA % of 11.86%. The stock's GF Value™ is ARS3.01, compared to a current price of ARS2.65 — trading 12% below its estimated fair value. The current ROA % is 11.86%, which is 95% above median its 10-year median of 6.08 and 517.7% above the Oil & Gas industry median of 1.92. Transportadora de Gas del Norte's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Transportadora de Gas del Norte (BUE:TGNO1), the current ROA % is 11.86% 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 Transportadora de Gas del Norte (BUE:TGNO1) Overvalued in 2026?
Based on GuruFocus' analysis, Transportadora de Gas del Norte stock appears to be undervalued.
The current stock price of ARS2.65 is trading 12% below its estimated GF Value™ of ARS3.01.
Key valuation signals for BUE:TGNO1:
ROA %: 11.86% (95% above median its 10-year median of 6.08)
GF Value™: ARS3.01 vs. price of ARS2.65 (12% below fair value)
Industry Position: 517.7% above the Oil & Gas median (#72 of 1028)
No single metric tells the full story. See the BUE:TGNO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transportadora de Gas del Norte Business Description
Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance, and technical assistance of third-party pipelines.
82GF Score
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