Musandam Power CoOG (MUS:MSPW) ROA %: -3.79% (As of Mar. 2026)


MUS:MSPW Musandam Power Co SAOG MUS:MSPW
49 GF Score
Price ر.ع0.34
GF Value ر.ع0.31
Valuation Fairly Valued
! 11 Warning Signs
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What is Musandam Power CoOG ROA %?

Musandam Power CoOG MUS:MSPW 49 ROA % is -3.79% as of Mar. 2026. GuruFocus rates MUS:MSPW with a GF Score™ of 49/100 and a GF Value™ of ر.ع0.31 (Fairly Valued). The stock has 11 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Musandam Power CoOG ranks better than 69.93% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Musandam Power CoOG's annualized Net Income for the quarter that ended in Mar. 2026 was ر.ع-2.61 Mil. Musandam Power CoOG's average Total Assets over the quarter that ended in Mar. 2026 was ر.ع68.77 Mil. Therefore, Musandam Power CoOG's annualized ROA % for the quarter that ended in Mar. 2026 was -3.79%.

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

MUS:MSPW' s ROA % Range Over the Past 10 Years
Min: 2.32   Med: 3.12   Max: 4.17
Current: 3.48

During the past 8 years, Musandam Power CoOG's highest ROA % was 4.17%. The lowest was 2.32%. And the median was 3.12%.

MUS:MSPW's ROA % is ranked better than
69.93% of 449 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.21 vs MUS:MSPW: 3.48

Musandam Power CoOG  (MUS:MSPW) 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
=-2.608/68.77
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.608 / 11.824)*(11.824 / 68.77)
=Net Margin %*Asset Turnover
=-22.06 %*0.1719
=-3.79 %

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.


Musandam Power CoOG ROA % Related Terms


Musandam Power CoOG ROA % Historical Data

* Premium members only.

The historical data trend for Musandam Power 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.

Musandam Power CoOG ROA % Chart

Musandam Power CoOG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 3.40 2.77 2.32 3.42 3.45

Musandam Power 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 -4.10 10.62 11.28 -4.31 -3.79

MUS:MSPW vs CEG, VST, NRG: ROA % Comparison

For the Utilities - Independent Power Producers subindustry, Musandam Power 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.


Musandam Power CoOG ROA % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Musandam Power CoOG's ROA % distribution charts can be found below:

* The bar in red indicates where Musandam Power CoOG's ROA % falls into.


MUS:MSPW
49GF Score
Musandam Power Co SAOG MUS:MSPW
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Musandam Power CoOG ROA % Calculation

Musandam Power 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 )
=2.361/( (68.389+68.307)/ 2 )
=2.361/68.348
=3.45 %

Musandam Power 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 )
=-2.608/( (68.307+69.233)/ 2 )
=-2.608/68.77
=-3.79 %

* 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 -3.79% mean?
Musandam Power CoOG (MUS:MSPW) has a ROA % of -3.79% 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 Musandam Power CoOG and its competitors. Over the past decade, Musandam Power CoOG's ROA % has ranged from 2.32 to 4.17. According to the industry distribution chart, Musandam Power CoOG ranks #135 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 30.1%.
Is Musandam Power CoOG's ROA % too high?
Musandam Power CoOG's current ROA % is -3.79%. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 4.17. Based on the distribution chart, Musandam Power CoOG ranks #135 out of 449 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Musandam Power CoOG has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Musandam Power CoOG's ROA % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Musandam Power CoOG ranks #135 out of 449 companies for ROA %. This puts Musandam Power CoOG in the upper half of its industry. The industry median ROA % is 1.21. Historically, Musandam Power CoOG's own ROA % has ranged from 2.32 to 4.17 over the past decade. 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 - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.21, based on 449 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. 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 Musandam Power CoOG and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musandam Power CoOG's current ROA % is -3.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musandam Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Musandam Power CoOG (MUS:MSPW) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.31, compared to a current price of ر.ع0.34 — trading 9.7% above its estimated fair value. The current ROA % is -3.79%. Musandam Power CoOG's overall GF Score™ is 49/100 with 11 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 Musandam Power CoOG (MUS:MSPW), the current ROA % is -3.79% 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 Musandam Power CoOG (MUS:MSPW) Overvalued in 2026?

Based on GuruFocus' analysis, Musandam Power CoOG stock appears to be overvalued. The current stock price of ر.ع0.34 is trading 9.7% above its estimated GF Value™ of ر.ع0.31. GuruFocus considers Musandam Power CoOG to be Fairly Valued.

Key valuation signals for MUS:MSPW:

  • ROA %: -3.79%
  • GF Value™: ر.ع0.31 vs. price of ر.ع0.34 (9.7% above fair value)
  • GF Score™: 49/100 with 11 warning signs

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


Musandam Power CoOG Business Description

Address Al Rawaq Building, 2nd Floor, Office No.206, Al Qurum, OMN
Musandam Power Co SAOG is the owner of an independent power plant in the Musandam region of the Sultanate of Oman. It is the owner of the first independent power plant in the Musandam region. With a contracted power capacity of 120.7 MW, the company caters to the current and near-term demand of the region and is a proud contributor to its development aspirations. The Company is selling the electrical energy generated to Oman Power and Water Procurement Company SAOC.
49GF Score

Get the complete analysis for MUS:MSPW

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

ر.ع0.34
Price
ر.ع0.31
GF Value