Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) ROC %: 8.76% (As of Mar. 2026)


MUS:MHAS Al Maha Petroleum Products Marketing Co SAOG MUS:MHAS
95 GF Score
Price ر.ع1.14
GF Value ر.ع1.06
Valuation Fairly Valued
! 3 Warning Signs
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What is Al Maha Petroleum Products Marketing CoOG ROC %?

Al Maha Petroleum Products Marketing CoOG MUS:MHAS 95 ROC % is 8.76% as of Mar. 2026. GuruFocus rates MUS:MHAS with a GF Score™ of 95/100 and a GF Value™ of ر.ع1.06 (Fairly Valued). The stock has 3 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Al Maha Petroleum Products Marketing CoOG's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 8.76%.

As of today (2026-06-28), Al Maha Petroleum Products Marketing CoOG's WACC % is 7.35%. Al Maha Petroleum Products Marketing CoOG's ROC % is 7.04% (calculated using TTM income statement data). Al Maha Petroleum Products Marketing CoOG earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Al Maha Petroleum Products Marketing CoOG  (MUS:MHAS) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Al Maha Petroleum Products Marketing CoOG's WACC % is 7.35%. Al Maha Petroleum Products Marketing CoOG's ROC % is 7.04% (calculated using TTM income statement data). Al Maha Petroleum Products Marketing CoOG earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.


Al Maha Petroleum Products Marketing CoOG ROC % Related Terms


Al Maha Petroleum Products Marketing CoOG ROC % Historical Data

* Premium members only.

The historical data trend for Al Maha Petroleum Products Marketing CoOG's ROC % 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.

Al Maha Petroleum Products Marketing CoOG ROC % Chart

Al Maha Petroleum Products Marketing CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.73 6.62 6.03 6.29 6.06

Al Maha Petroleum Products Marketing CoOG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 5.75 10.76 9.20 -0.06 8.76
MUS:MHAS
95GF Score
Al Maha Petroleum Products Marketing Co SAOG MUS:MHAS
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Al Maha Petroleum Products Marketing CoOG ROC % Calculation

Al Maha Petroleum Products Marketing CoOG's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=7.312 * ( 1 - 14.92% )/( (96.146 + 109.327)/ 2 )
=6.2210496/102.7365
=6.06 %

where

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=165.439 - 49.638 - ( 20.059 - max(0, 110.714 - 117.188+20.059))
=109.327

Al Maha Petroleum Products Marketing CoOG's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=12.008 * ( 1 - 15.02% )/( (109.327 + 123.699)/ 2 )
=10.2043984/116.513
=8.76 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=165.439 - 49.638 - ( 20.059 - max(0, 110.714 - 117.188+20.059))
=109.327

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=175.894 - 49.517 - ( 24.923 - max(0, 124.994 - 127.672+24.923))
=123.699

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 8.76% mean?
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) has a ROC % of 8.76% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Al Maha Petroleum Products Marketing CoOG and its competitors.
Is Al Maha Petroleum Products Marketing CoOG's ROC % too high?
Al Maha Petroleum Products Marketing CoOG's current ROC % is 8.76%. The Oil & Gas industry median ROC % is 3.66. Al Maha Petroleum Products Marketing CoOG's value of 8.76% is 139.7% above this industry median. Overall, Al Maha Petroleum Products Marketing CoOG has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Al Maha Petroleum Products Marketing CoOG's ROC % compare to VLO and MPC?
Al Maha Petroleum Products Marketing CoOG's ROC % of 8.76% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 3.66. Al Maha Petroleum Products Marketing CoOG's value of 8.76% is 139.7% 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 ROC % for an Oil & Gas company?
The median ROC % among Oil & Gas companies is 3.66, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Al Maha Petroleum Products Marketing CoOG's current ROC % of 8.76% is 139.7% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Al Maha Petroleum Products Marketing CoOG and its competitors. For the Oil & Gas industry, the median ROC % is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Maha Petroleum Products Marketing CoOG's current ROC % is 8.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Petroleum Products Marketing CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع1.06, compared to a current price of ر.ع1.14 — trading 7.5% above its estimated fair value. The current ROC % is 8.76% and 139.7% above the Oil & Gas industry median of 3.66. Al Maha Petroleum Products Marketing CoOG's overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Al Maha Petroleum Products Marketing CoOG (MUS:MHAS), the current ROC % is 8.76% 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Overvalued in 2026?

Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG stock appears to be overvalued. The current stock price of ر.ع1.14 is trading 7.5% above its estimated GF Value™ of ر.ع1.06. GuruFocus considers Al Maha Petroleum Products Marketing CoOG to be Fairly Valued.

Key valuation signals for MUS:MHAS:

  • ROC %: 8.76%
  • GF Value™: ر.ع1.06 vs. price of ر.ع1.14 (7.5% above fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 139.7% above the Oil & Gas median

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


Al Maha Petroleum Products Marketing CoOG Business Description

Industry EnergyOil & Gas
Address Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116
Al Maha Petroleum Products Marketing Co SAOG engaged in strategic marketing and distributing a diverse range of petroleum products, including Gasoline (M91 & M95), diesel, aviation fuel, kerosene, and lubricants. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, Aviation, Non-Fuel Revenue and Lubricant. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.
95GF Score

Get the complete analysis for MUS:MHAS

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

ر.ع1.14
Price
ر.ع1.06
GF Value