Muscat City Desalination CoOG (MUS:MCDE) ROA %: 3.17% (As of Mar. 2026) — 25% Above Median

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What is Muscat City Desalination CoOG ROA %?

Muscat City Desalination CoOG MUS:MCDE ROA % is 3.17% as of Mar. 2026, which is 25% above its 10-year median of 2.53. The stock has 3 warning signs investors should review. Among 510 Utilities - Regulated companies, Muscat City Desalination CoOG ranks better than 50% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Muscat City Desalination CoOG's annualized Net Income for the quarter that ended in Mar. 2026 was ر.ع2.56 Mil. Muscat City Desalination CoOG's average Total Assets over the quarter that ended in Mar. 2026 was ر.ع80.59 Mil. Therefore, Muscat City Desalination CoOG's annualized ROA % for the quarter that ended in Mar. 2026 was 3.17%.

The historical rank and industry rank for Muscat City Desalination CoOG's ROA % or its related term are showing as below:

MUS:MCDE' s ROA % Range Over the Past 10 Years
Min: -0.3   Med: 2.53   Max: 3.05
Current: 3.05

During the past 9 years, Muscat City Desalination CoOG's highest ROA % was 3.05%. The lowest was -0.30%. And the median was 2.53%.

MUS:MCDE's ROA % is ranked better than
50% of 510 companies
in the Utilities - Regulated industry
Industry Median: 3.05 vs MUS:MCDE: 3.05

Muscat City Desalination CoOG  (MUS:MCDE) 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
=2.556/80.593
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.556 / 16.084)*(16.084 / 80.593)
=Net Margin %*Asset Turnover
=15.89 %*0.1996
=3.17 %

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.


Muscat City Desalination CoOG ROA % Related Terms


Muscat City Desalination CoOG ROA % Historical Data

* Premium members only.

The historical data trend for Muscat City Desalination CoOG'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.

Muscat City Desalination CoOG ROA % Chart

Muscat City Desalination CoOG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only 2.53 2.71 2.63 2.98 2.91

Muscat City Desalination CoOG 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 2.77 3.02 3.19 2.84 3.17

MUS:MCDE vs AWK, WTRG, AWR: ROA % Comparison

For the Utilities - Regulated Water subindustry, Muscat City Desalination CoOG'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.


Muscat City Desalination CoOG ROA % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Muscat City Desalination CoOG's ROA % distribution charts can be found below:

* The bar in red indicates where Muscat City Desalination CoOG's ROA % falls into.



Muscat City Desalination CoOG ROA % Calculation

Muscat City Desalination CoOG'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 )
=2.437/( (83.811+0)/ 1 )
=2.437/83.811
=2.91 %

Muscat City Desalination CoOG'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 )
=2.556/( (0+80.593)/ 1 )
=2.556/80.593
=3.17 %

* 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 3.17% mean?
Muscat City Desalination CoOG (MUS:MCDE) has a ROA % of 3.17% 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 Muscat City Desalination CoOG and its competitors. This is 25% above median its historical median of 2.53. According to the industry distribution chart, Muscat City Desalination CoOG ranks #255 out of 510 companies in the Utilities - Regulated industry, placing it in the top 50%.
Is Muscat City Desalination CoOG's ROA % too high?
Muscat City Desalination CoOG's current ROA % of 3.17% is 25% above median its 10-year median of 2.53. The Utilities - Regulated industry median ROA % is 3.05. Muscat City Desalination CoOG's value of 3.17% is 3.9% above this industry median. Based on the distribution chart, Muscat City Desalination CoOG ranks #255 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint.
How does Muscat City Desalination CoOG's ROA % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Muscat City Desalination CoOG ranks #255 out of 510 companies for ROA %. This puts Muscat City Desalination CoOG in the upper half of its industry. The industry median ROA % is 3.05. Muscat City Desalination CoOG's value of 3.17% is 3.9% above this benchmark. While the company's 10-year median is 2.53 vs. the industry median of 3.05, Muscat City Desalination CoOG 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 Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.05, based on 510 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. Muscat City Desalination CoOG's current ROA % of 3.17% is 3.9% 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 Muscat City Desalination CoOG and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muscat City Desalination CoOG's current ROA % is 3.17%, which is 25% above median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muscat City Desalination CoOG stock overvalued right now?
Based on GuruFocus' analysis, Muscat City Desalination CoOG (MUS:MCDE) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.07, compared to a current price of ر.ع0.09 — trading 28.6% above its estimated fair value. The current ROA % is 3.17%, which is 25% above median its 10-year median of 2.53 and 3.9% above the Utilities - Regulated industry median of 3.05. 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 Muscat City Desalination CoOG (MUS:MCDE), the current ROA % is 3.17% 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.

Muscat City Desalination CoOG Business Description

Address North Ghubrah, P.O. Box 1935, Muscat, OMN, 114
Muscat City Desalination Co SAOG is engaged in owning, developing, and operating water projects and selling desalinated water. The company focuses on providing clean drinking water by operating Al Ghubrah independent water project. Water sales take place in the Sultanate of Oman. The Company's revenue stream comprises water capacity investment charge, water capacity operation and maintenance charge, water output operation and maintenance charge, and electricity charges.