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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Transportadora de Gas del Norte's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.39%.
Transportadora de Gas del Norte (BUE:TGNO1) ROCE % Explanation
ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.
Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.
Transportadora de Gas del Norte ROCE % Related Terms
Transportadora de Gas del Norte ROCE % 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.
(1) Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.
Transportadora de Gas del Norte (BUE:TGNO1) has a ROCE % of 19.39% as of Mar. 2026.
Is Transportadora de Gas del Norte's ROCE % too high?
Transportadora de Gas del Norte's current ROCE % is 19.39%. The Oil & Gas industry median ROCE % is 6.87. Transportadora de Gas del Norte's value of 19.39% is 182.2% above this industry median. Overall, Transportadora de Gas del Norte has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Transportadora de Gas del Norte's ROCE % compare to WMB and EPD?
Transportadora de Gas del Norte's ROCE % of 19.39% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.87. Transportadora de Gas del Norte's value of 19.39% is 182.2% 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 ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.87, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transportadora de Gas del Norte's current ROCE % of 19.39% is 182.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transportadora de Gas del Norte's current ROCE % is 19.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transportadora de Gas del Norte stock overvalued right now?
Transportadora de Gas del Norte (BUE:TGNO1) has a current ROCE % of 19.39%. The stock's GF Value™ is ARS3.01, compared to a current price of ARS2.65 — trading 12% below its estimated fair value. The current ROCE % is 19.39% and 182.2% above the Oil & Gas industry median of 6.87. Transportadora de Gas del Norte's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Transportadora de Gas del Norte (BUE:TGNO1), the current ROCE % is 19.39% 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 Transportadora de Gas del Norte (BUE:TGNO1) Overvalued in 2026?
Based on GuruFocus' analysis, Transportadora de Gas del Norte stock appears to be undervalued.
The current stock price of ARS2.65 is trading 12% below its estimated GF Value™ of ARS3.01.
Key valuation signals for BUE:TGNO1:
ROCE %: 19.39%
GF Value™: ARS3.01 vs. price of ARS2.65 (12% below fair value)
Industry Position: 182.2% above the Oil & Gas median
No single metric tells the full story. See the BUE:TGNO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transportadora de Gas del Norte Business Description
Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance, and technical assistance of third-party pipelines.
82GF Score
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