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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. OQ Gas Network Company S A O G's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.52%.
OQ Gas Network Company S A O G (MUS:OQGN) 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.
OQ Gas Network Company S A O G ROCE % Related Terms
OQ Gas Network Company S A O G 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.
OQ Gas Network Company S A O G (MUS:OQGN) has a ROCE % of 7.52% as of Mar. 2026.
Is OQ Gas Network Company S A O G's ROCE % too high?
OQ Gas Network Company S A O G's current ROCE % is 7.52%. The Oil & Gas industry median ROCE % is 6.88. OQ Gas Network Company S A O G's value of 7.52% is 9.3% above this industry median. Overall, OQ Gas Network Company S A O G has a GF Score™ of 11/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OQ Gas Network Company S A O G's ROCE % compare to WMB and EPD?
OQ Gas Network Company S A O G's ROCE % of 7.52% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.88. OQ Gas Network Company S A O G's value of 7.52% is 9.3% 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 6.88, based on 977 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. OQ Gas Network Company S A O G's current ROCE % of 7.52% is 9.3% 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 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OQ Gas Network Company S A O G's current ROCE % is 7.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OQ Gas Network Company S A O G stock overvalued right now?
Based on GuruFocus' analysis, OQ Gas Network Company S A O G (MUS:OQGN) is currently considered Possible Value Trap. The stock's GF Value™ is ر.ع0.29, compared to a current price of ر.ع0.20 — trading 31% below its estimated fair value. The current ROCE % is 7.52% and 9.3% above the Oil & Gas industry median of 6.88. OQ Gas Network Company S A O G's overall GF Score™ is 11/100 with 8 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 OQ Gas Network Company S A O G (MUS:OQGN), the current ROCE % is 7.52% 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 OQ Gas Network Company S A O G (MUS:OQGN) Overvalued in 2026?
Based on GuruFocus' analysis, OQ Gas Network Company S A O G stock appears to be undervalued.
The current stock price of ر.ع0.20 is trading 31% below its estimated GF Value™ of ر.ع0.29.
GuruFocus considers OQ Gas Network Company S A O G to be Possible Value Trap.
Key valuation signals for MUS:OQGN:
ROCE %: 7.52%
GF Value™: ر.ع0.29 vs. price of ر.ع0.20 (31% below fair value)
Industry Position: 9.3% above the Oil & Gas median
No single metric tells the full story. See the MUS:OQGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OQ Gas Network Company S A O G is a company that is the exclusive owner and operator of the Natural Gas Transportation Network in Oman by providing an indispensable link between Omani gas producers and gas consumers. It is responsible for acquiring, constructing, operating, and maintaining gas transportation pipelines, facilitating natural gas distribution from producers to consumers, and serving Oman's Liquefied Natural Gas (LNG) complexes, oil and gas sector, power and desalination plants, industrial clusters, free zones, and other customers.
11GF Score
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