NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) ROA %: 29.13% (As of Mar. 2026) — 190% Above Median


IST:NTGAZ NATURELGAZ SANAYI VE TICARET AS IST:NTGAZ
81 GF Score
Price ₺11.34
GF Value ₺8.30
Valuation Significantly Overvalued
! 2 Warning Signs
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What is NATURELGAZNAYI VE TICARET AS ROA %?

NATURELGAZNAYI VE TICARET AS IST:NTGAZ +0.18% 81 ROA % is 29.13% as of Mar. 2026, which is 190% above its 10-year median of 10.05. GuruFocus rates IST:NTGAZ with a GF Score™ of 81/100 and a GF Value™ of ₺8.30 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,027 Oil & Gas companies, NATURELGAZNAYI VE TICARET AS ranks better than 94.35% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NATURELGAZNAYI VE TICARET AS's annualized Net Income for the quarter that ended in Mar. 2026 was ₺2,233 Mil. NATURELGAZNAYI VE TICARET AS's average Total Assets over the quarter that ended in Mar. 2026 was ₺7,665 Mil. Therefore, NATURELGAZNAYI VE TICARET AS's annualized ROA % for the quarter that ended in Mar. 2026 was 29.13%.

The historical rank and industry rank for NATURELGAZNAYI VE TICARET AS's ROA % or its related term are showing as below:

IST:NTGAZ' s ROA % Range Over the Past 10 Years
Min: -12.41   Med: 10.05   Max: 48.49
Current: 16.21

During the past 8 years, NATURELGAZNAYI VE TICARET AS's highest ROA % was 48.49%. The lowest was -12.41%. And the median was 10.05%.

IST:NTGAZ's ROA % is ranked better than
94.35% of 1027 companies
in the Oil & Gas industry
Industry Median: 1.91 vs IST:NTGAZ: 16.21

NATURELGAZNAYI VE TICARET AS  (IST:NTGAZ) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2232.844/7664.925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2232.844 / 12219.284)*(12219.284 / 7664.925)
=Net Margin %*Asset Turnover
=18.27 %*1.5942
=29.13 %

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.


NATURELGAZNAYI VE TICARET AS ROA % Related Terms


NATURELGAZNAYI VE TICARET AS ROA % Historical Data

* Premium members only.

The historical data trend for NATURELGAZNAYI VE TICARET AS'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.

NATURELGAZNAYI VE TICARET AS ROA % Chart

NATURELGAZNAYI VE TICARET AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 4.20 48.49 3.49 8.88 13.42

NATURELGAZNAYI VE TICARET AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 30.11 4.04 4.95 22.80 29.13

IST:NTGAZ vs WMB, EPD, KMI: ROA % Comparison

For the Oil & Gas Midstream subindustry, NATURELGAZNAYI VE TICARET AS'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.


NATURELGAZNAYI VE TICARET AS ROA % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NATURELGAZNAYI VE TICARET AS's ROA % distribution charts can be found below:

* The bar in red indicates where NATURELGAZNAYI VE TICARET AS's ROA % falls into.


IST:NTGAZ
81GF Score
NATURELGAZ SANAYI VE TICARET AS IST:NTGAZ
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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NATURELGAZNAYI VE TICARET AS ROA % Calculation

NATURELGAZNAYI VE TICARET AS's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=900.596/( (6516.613+6907.416)/ 2 )
=900.596/6712.0145
=13.42 %

NATURELGAZNAYI VE TICARET AS's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2232.844/( (6907.416+8422.434)/ 2 )
=2232.844/7664.925
=29.13 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 29.13% mean?
NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) has a ROA % of 29.13% 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 NATURELGAZNAYI VE TICARET AS and its competitors. This is 190% above median its historical median of 10.05. According to the industry distribution chart, NATURELGAZNAYI VE TICARET AS ranks #58 out of 1027 companies in the Oil & Gas industry, placing it in the top 5.6%.
Is NATURELGAZNAYI VE TICARET AS's ROA % too high?
NATURELGAZNAYI VE TICARET AS's current ROA % of 29.13% is 190% above median its 10-year median of 10.05. The Oil & Gas industry median ROA % is 1.91. NATURELGAZNAYI VE TICARET AS's value of 29.13% is 1425.1% above this industry median. Based on the distribution chart, NATURELGAZNAYI VE TICARET AS ranks #58 out of 1027 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NATURELGAZNAYI VE TICARET AS has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NATURELGAZNAYI VE TICARET AS's ROA % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, NATURELGAZNAYI VE TICARET AS ranks #58 out of 1027 companies for ROA %. This places NATURELGAZNAYI VE TICARET AS in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 1.91. NATURELGAZNAYI VE TICARET AS's value of 29.13% is 1425.1% above this benchmark. While the company's 10-year median is 10.05 vs. the industry median of 1.91, NATURELGAZNAYI VE TICARET AS 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 1.91, based on 1,027 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. NATURELGAZNAYI VE TICARET AS's current ROA % of 29.13% is 1425.1% 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 NATURELGAZNAYI VE TICARET AS and its competitors. For the Oil & Gas industry, the median ROA % is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NATURELGAZNAYI VE TICARET AS's current ROA % is 29.13%, which is 190% above median its own 10-year median of 10.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NATURELGAZNAYI VE TICARET AS stock overvalued right now?
Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺8.30, compared to a current price of ₺11.34 — trading 36.6% above its estimated fair value. The current ROA % is 29.13%, which is 190% above median its 10-year median of 10.05 and 1425.1% above the Oil & Gas industry median of 1.91. NATURELGAZNAYI VE TICARET AS's overall GF Score™ is 81/100 with 2 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ), the current ROA % is 29.13% 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) Overvalued in 2026?

Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS stock appears to be overvalued. The current stock price of ₺11.34 is trading 36.6% above its estimated GF Value™ of ₺8.30. GuruFocus considers NATURELGAZNAYI VE TICARET AS to be Significantly Overvalued.

Key valuation signals for IST:NTGAZ:

  • ROA %: 29.13% (190% above median its 10-year median of 10.05)
  • GF Value™: ₺8.30 vs. price of ₺11.34 (36.6% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 1425.1% above the Oil & Gas median (#58 of 1027)

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


NATURELGAZNAYI VE TICARET AS Business Description

Industry EnergyOil & Gas
Address Ali Kaya Street, Esentepe Neighborhood, Polat Plaza B Block No: 1/1, Interior Door No: 86, Istanbul, TUR, 34394
NATURELGAZ SANAYI VE TICARET AS activities of transmitting natural gas via CNG transport units to consumers who need natural gas but do not have access to pipelines, such as industrial establishments, factories, asphalt construction sites, hotels, and institutions requiring heating.
81GF Score

Get the complete analysis for IST:NTGAZ

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺11.34
Price
₺8.30
GF Value