Natural Gas Distribution Co (SAU:9516) ROCE %: 16.02% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:9516 Natural Gas Distribution Co SAU:9516
67 GF Score
Price ﷼23.40
GF Value ﷼79.58
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Natural Gas Distribution Co ROCE %?

Natural Gas Distribution Co SAU:9516 -0.43% 67 ROCE % is 16.02% as of Dec. 2025. GuruFocus rates SAU:9516 with a GF Score™ of 67/100 and a GF Value™ of ﷼79.58 (Significantly Undervalued). The stock has 3 warning signs investors should review.

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. Natural Gas Distribution Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 16.02%.


Natural Gas Distribution Co  (SAU:9516) 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.


Natural Gas Distribution Co ROCE % Related Terms


Natural Gas Distribution Co ROCE % Historical Data

* Premium members only.

The historical data trend for Natural Gas Distribution Co's ROCE % 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.

Natural Gas Distribution Co ROCE % Chart

Natural Gas Distribution Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 4.43 6.06 6.99 6.17 11.57

Natural Gas Distribution Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.04 5.19 7.62 7.25 16.02
SAU:9516
67GF Score
Natural Gas Distribution Co SAU:9516
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Natural Gas Distribution Co ROCE % Calculation

Natural Gas Distribution Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=7.922/( ( (93.657 - 29.107) + (106.351 - 33.943) )/ 2 )
=7.922/( (64.55+72.408)/ 2 )
=7.922/68.479
=11.57 %

Natural Gas Distribution Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=11.102/( ( (101.56 - 35.362) + (106.351 - 33.943) )/ 2 )
=11.102/( ( 66.198 + 72.408 )/ 2 )
=11.102/69.303
=16.02 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 16.02% mean?
Natural Gas Distribution Co (SAU:9516) has a ROCE % of 16.02% as of Dec. 2025.
Is Natural Gas Distribution Co's ROCE % too high?
Natural Gas Distribution Co's current ROCE % is 16.02%. The Utilities - Regulated industry median ROCE % is 6.96. Natural Gas Distribution Co's value of 16.02% is 130.3% above this industry median. Overall, Natural Gas Distribution Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Natural Gas Distribution Co's ROCE % compare to ATO and NI?
Natural Gas Distribution Co's ROCE % of 16.02% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.96. Natural Gas Distribution Co's value of 16.02% is 130.3% 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 Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.96, based on 506 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. Natural Gas Distribution Co's current ROCE % of 16.02% is 130.3% 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 Utilities - Regulated industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Gas Distribution Co's current ROCE % is 16.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Gas Distribution Co stock overvalued right now?
Based on GuruFocus' analysis, Natural Gas Distribution Co (SAU:9516) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼79.58, compared to a current price of ﷼23.40 — trading 70.6% below its estimated fair value. The current ROCE % is 16.02% and 130.3% above the Utilities - Regulated industry median of 6.96. Natural Gas Distribution Co's overall GF Score™ is 67/100 with 3 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 Natural Gas Distribution Co (SAU:9516), the current ROCE % is 16.02% 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 Natural Gas Distribution Co (SAU:9516) Overvalued in 2026?

Based on GuruFocus' analysis, Natural Gas Distribution Co stock appears to be undervalued. The current stock price of ﷼23.40 is trading 70.6% below its estimated GF Value™ of ﷼79.58. GuruFocus considers Natural Gas Distribution Co to be Significantly Undervalued.

Key valuation signals for SAU:9516:

  • ROCE %: 16.02%
  • GF Value™: ﷼79.58 vs. price of ﷼23.40 (70.6% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 130.3% above the Utilities - Regulated median

No single metric tells the full story. See the SAU:9516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Natural Gas Distribution Co Business Description

Address Al-Kharj Road, Second Industrial City, Riyadh, SAU, 11382
Natural Gas Distribution Co is engaged in the operation and maintenance of natural gas networks in the second industrial city and industrial cities in the Kingdom. The company's business is to supply the factories located in the second industrial city in Riyadh. It is supplied with natural gas from Saudi Aramco through a main pipeline.
67GF Score

Get the complete analysis for SAU:9516

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

﷼23.40
Price
﷼79.58
GF Value