Afriquia GazCAS:GAZ 81 ROA % is 8.32% as of Dec. 2025, which is 8% above its 10-year median of 7.72. GuruFocus rates CAS:GAZ with a GF Score™ of 81/100 and a GF Value™ of MAD4,371.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,025 Oil & Gas companies, Afriquia Gaz ranks better than 82.15% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Afriquia Gaz's annualizedNet Income for the quarter that ended in Dec. 2025 was MAD764 Mil.
Afriquia Gaz's average Total Assets over the quarter that ended in Dec. 2025 was MAD9,183 Mil. Therefore, Afriquia Gaz's annualized ROA % for the quarter that ended in Dec. 2025 was 8.32%.
The historical rank and industry rank for Afriquia Gaz's ROA % or its related term are showing as below:
CAS:GAZ'
s ROA % Range Over the Past 10 Years
Min: 4.67 Med: 7.72 Max: 8.32
Current: 8.08
During the past 13 years, Afriquia Gaz's highest ROA % was 8.32%. The lowest was 4.67%. And the median was 7.72%.
CAS:GAZ's ROA % is ranked better than 82.15% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs CAS:GAZ: 8.08
Afriquia Gaz (CAS:GAZ) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
Afriquia Gaz ROA % Related Terms
Afriquia Gaz ROA % Historical Data
* Premium members only.
The historical data trend for Afriquia Gaz's ROA % 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.
For the Oil & Gas Refining & Marketing subindustry, Afriquia Gaz'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.
Afriquia Gaz ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Afriquia Gaz's ROA % distribution charts can be found below:
* The bar in red indicates where Afriquia Gaz'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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Afriquia Gaz (CAS:GAZ) has a ROA % of 8.32% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Afriquia Gaz and its competitors. This is near median its historical median of 7.72. Over the past decade, Afriquia Gaz's ROA % has ranged from 4.67 to 8.32. According to the industry distribution chart, Afriquia Gaz ranks #183 out of 1025 companies in the Oil & Gas industry, placing it in the top 17.9%.
Is Afriquia Gaz's ROA % too high?
Afriquia Gaz's current ROA % of 8.32% is near median its 10-year median of 7.72. Over the past 10 years, this metric has ranged from a low of 4.67 to a high of 8.32. The Oil & Gas industry median ROA % is 1.89. Afriquia Gaz's value of 8.32% is 340.2% above this industry median. Based on the distribution chart, Afriquia Gaz ranks #183 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Afriquia Gaz has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afriquia Gaz's ROA % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Afriquia Gaz ranks #183 out of 1025 companies for ROA %. This places Afriquia Gaz in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 1.89. Afriquia Gaz's value of 8.32% is 340.2% above this benchmark. Historically, Afriquia Gaz's own ROA % has ranged from 4.67 to 8.32 over the past decade. While the company's 10-year median is 7.72 vs. the industry median of 1.89, Afriquia Gaz 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 1.89, based on 1,025 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. Afriquia Gaz's current ROA % of 8.32% is 340.2% 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 Afriquia Gaz and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afriquia Gaz's current ROA % is 8.32%, which is near median its own 10-year median of 7.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afriquia Gaz stock overvalued right now?
Based on GuruFocus' analysis, Afriquia Gaz (CAS:GAZ) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD4,371.20, compared to a current price of MAD3,675.00 — trading 15.9% below its estimated fair value. The current ROA % is 8.32%, which is near median its 10-year median of 7.72 and 340.2% above the Oil & Gas industry median of 1.89. Afriquia Gaz's overall GF Score™ is 81/100 with 5 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 Afriquia Gaz (CAS:GAZ), the current ROA % is 8.32% 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 Afriquia Gaz (CAS:GAZ) Overvalued in 2026?
Based on GuruFocus' analysis, Afriquia Gaz stock appears to be undervalued.
The current stock price of MAD3,675.00 is trading 15.9% below its estimated GF Value™ of MAD4,371.20.
GuruFocus considers Afriquia Gaz to be Modestly Undervalued.
Key valuation signals for CAS:GAZ:
ROA %: 8.32% (near median its 10-year median of 7.72)
GF Value™: MAD4,371.20 vs. price of MAD3,675.00 (15.9% below fair value)
Industry Position: 340.2% above the Oil & Gas median (#183 of 1025)
No single metric tells the full story. See the CAS:GAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afriquia Gaz is a Morocco-based company engaged in the business of distributing liquefied petroleum gas (LPG) such as butane, propane and its by-products. The company is also involved in the import, export, trade, refining, storage, stocking, transportation, deposit and administration of LPG. It markets its products under five brands namely Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz and National Gaz.
81GF Score
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