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XBUL:NGAZ's ROA % is ranked worse than 58.54% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.93
vs XBUL:NGAZ: 0.59
Oil and Gas Exploration and Production AD (XBUL:NGAZ) 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 one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the 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.
Oil and Gas Exploration and Production AD ROA % Related Terms
Oil and Gas Exploration and Production AD ROA % Historical 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.
Oil and Gas Exploration and Production AD ROA % Chart
Oil and Gas Exploration and Production AD Annual Data
* 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.
Oil and Gas Exploration and Production AD ROA % vs Oil & Gas Industry
* 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 one times the annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Oil and Gas Exploration and Production AD (XBUL:NGAZ) has a ROA % of 0.59% 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 Oil and Gas Exploration and Production AD and its competitors. This is 75% below median its historical median of 2.35. Over the past decade, Oil and Gas Exploration and Production AD's ROA % has ranged from 0.48 to 3.13. According to the industry distribution chart, Oil and Gas Exploration and Production AD ranks #600 out of 1025 companies in the Oil & Gas industry, placing it in the top 58.5%.
Is Oil and Gas Exploration and Production AD's ROA % too high?
Oil and Gas Exploration and Production AD's current ROA % of 0.59% is 75% below median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.13. The Oil & Gas industry median ROA % is 1.93. Oil and Gas Exploration and Production AD's value of 0.59% is 69.4% below this industry median. Based on the distribution chart, Oil and Gas Exploration and Production AD ranks #600 out of 1025 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Oil and Gas Exploration and Production AD has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oil and Gas Exploration and Production AD's ROA % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Oil and Gas Exploration and Production AD ranks #600 out of 1025 companies for ROA %. This places Oil and Gas Exploration and Production AD in the lower half of its industry. The industry median ROA % is 1.93. Oil and Gas Exploration and Production AD's value of 0.59% is 69.4% below this benchmark. Historically, Oil and Gas Exploration and Production AD's own ROA % has ranged from 0.48 to 3.13 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 1.93, Oil and Gas Exploration and Production AD has consistently been below 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 1.93, 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. Oil and Gas Exploration and Production AD's current ROA % of 0.59% is 69.4% below 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 Oil and Gas Exploration and Production AD and its competitors. For the Oil & Gas industry, the median ROA % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil and Gas Exploration and Production AD's current ROA % is 0.59%, which is 75% below median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil and Gas Exploration and Production AD stock overvalued right now?
Based on GuruFocus' analysis, Oil and Gas Exploration and Production AD (XBUL:NGAZ) is currently considered Significantly Undervalued. The stock's GF Value™ is €3.69, compared to a current price of €1.97 — trading 46.6% below its estimated fair value. The current ROA % is 0.59%, which is 75% below median its 10-year median of 2.35 and 69.4% below the Oil & Gas industry median of 1.93. Oil and Gas Exploration and Production AD's overall GF Score™ is 63/100 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 Oil and Gas Exploration and Production AD (XBUL:NGAZ), the current ROA % is 0.59% 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 Oil and Gas Exploration and Production AD (XBUL:NGAZ) Overvalued in 2026?
Based on GuruFocus' analysis, Oil and Gas Exploration and Production AD stock appears to be undervalued.
The current stock price of €1.97 is trading 46.6% below its estimated GF Value™ of €3.69.
GuruFocus considers Oil and Gas Exploration and Production AD to be Significantly Undervalued.
Key valuation signals for XBUL:NGAZ:
ROA %: 0.59% (75% below median its 10-year median of 2.35)
GF Value™: €3.69 vs. price of €1.97 (46.6% below fair value)
Industry Position: 69.4% below the Oil & Gas median (#600 of 1025)
No single metric tells the full story. See the XBUL:NGAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oil and Gas Exploration and Production AD Business Description
Oil and Gas Exploration and Production AD is engaged in prospecting, exploration, development and exploitation of oil and gas fields, as well as processing of crude oil. Some of the services provided by the company - design and conducting of 2D and 3D seismic data acquisition, geological and geophysical data processing and interpretation, mud logging, drilling of exploration and production wells for mineralized water and geothermal energy, well logging, among others.
63GF Score
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