ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NG Energy International's annualizedNet Income for the quarter that ended in Mar. 2026 was $223.73 Mil.
NG Energy International's average Total Assets over the quarter that ended in Mar. 2026 was $239.67 Mil. Therefore, NG Energy International's annualized ROA % for the quarter that ended in Mar. 2026 was 93.35%.
The historical rank and industry rank for NG Energy International's ROA % or its related term are showing as below:
GASXF'
s ROA % Range Over the Past 10 Years
Min: -188.43 Med: -25.3 Max: 18.51
Current: 18.51
During the past 13 years, NG Energy International's highest ROA % was 18.51%. The lowest was -188.43%. And the median was -25.30%.
GASXF's ROA % is ranked better than 95.71% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs GASXF: 18.51
NG Energy International (OTCPK:GASXF) 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.
* 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 E&P subindustry, NG Energy International'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.
NG Energy International ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NG Energy International's ROA % distribution charts can be found below:
* The bar in red indicates where NG Energy International'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.
NG Energy International (GASXF) has a ROA % of 93.35% 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 NG Energy International and its competitors. According to the industry distribution chart, NG Energy International ranks #44 out of 1025 companies in the Oil & Gas industry, placing it in the top 4.3%.
Is NG Energy International's ROA % too high?
NG Energy International's current ROA % is 93.35%. The Oil & Gas industry median ROA % is 1.89. NG Energy International's value of 93.35% is 4839.2% above this industry median. Based on the distribution chart, NG Energy International ranks #44 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NG Energy International has a GF Score™ of 22/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NG Energy International's ROA % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NG Energy International ranks #44 out of 1025 companies for ROA %. This places NG Energy International in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 1.89. NG Energy International's value of 93.35% is 4839.2% above this benchmark. 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. NG Energy International's current ROA % of 93.35% is 4839.2% 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 NG Energy International 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. NG Energy International's current ROA % is 93.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NG Energy International stock overvalued right now?
Based on GuruFocus' analysis, NG Energy International (GASXF) is currently considered Fairly Valued. The stock's GF Value™ is $0.96, compared to a current price of $1.05 — trading 9.4% above its estimated fair value. The current ROA % is 93.35% and 4839.2% above the Oil & Gas industry median of 1.89. NG Energy International's overall GF Score™ is 22/100 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 NG Energy International (GASXF), the current ROA % is 93.35% 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 NG Energy International (GASXF) Overvalued in 2026?
Based on GuruFocus' analysis, NG Energy International stock appears to be overvalued.
The current stock price of $1.05 is trading 9.4% above its estimated GF Value™ of $0.96.
GuruFocus considers NG Energy International to be Fairly Valued.
Key valuation signals for GASXF:
ROA %: 93.35%
GF Value™: $0.96 vs. price of $1.05 (9.4% above fair value)
Industry Position: 4839.2% above the Oil & Gas median (#44 of 1025)
No single metric tells the full story. See the GASXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas. The company's principal oil and natural gas properties include Maria Conchita Block, SN-9 Block, Tiburon Block, and VMM39 Block in Colombia.
22GF Score
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