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.
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.
OQ Gas Network Company S A O GMUS:OQGN 11 ROE % is 8.64% as of Mar. 2026, which is 10% above its 10-year median of 7.83. GuruFocus rates MUS:OQGN with a GF Score™ of 11/100 and a GF Value™ of ر.ع0.29 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 956 Oil & Gas companies, OQ Gas Network Company S A O G ranks better than 57.95% on this metric.
OQ Gas Network Company S A O G (MUS:OQGN) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
OQ Gas Network Company S A O G ROE % Related Terms
OQ Gas Network Company S A O G ROE % 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.
For the Oil & Gas Midstream subindustry, OQ Gas Network Company S A O G's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* 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.
OQ Gas Network Company S A O G ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, OQ Gas Network Company S A O G's ROE % distribution charts can be found below:
* The bar in red indicates where OQ Gas Network Company S A O G's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
OQ Gas Network Company S A O G (MUS:OQGN) has a ROE % of 8.64% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on OQ Gas Network Company S A O G and its competitors. This is 10% above median its historical median of 7.83. Over the past decade, OQ Gas Network Company S A O G's ROE % has ranged from 7.49 to 8.84. According to the industry distribution chart, OQ Gas Network Company S A O G ranks #402 out of 956 companies in the Oil & Gas industry, placing it in the top 42.1%.
Is OQ Gas Network Company S A O G's ROE % too high?
OQ Gas Network Company S A O G's current ROE % of 8.64% is 10% above median its 10-year median of 7.83. Over the past 10 years, this metric has ranged from a low of 7.49 to a high of 8.84. The Oil & Gas industry median ROE % is 6.08. OQ Gas Network Company S A O G's value of 8.64% is 42.2% above this industry median. Based on the distribution chart, OQ Gas Network Company S A O G ranks #402 out of 956 companies in the Oil & Gas industry, which is above the industry midpoint. 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 ROE % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, OQ Gas Network Company S A O G ranks #402 out of 956 companies for ROE %. This puts OQ Gas Network Company S A O G in the upper half of its industry. The industry median ROE % is 6.08. OQ Gas Network Company S A O G's value of 8.64% is 42.2% above this benchmark. Historically, OQ Gas Network Company S A O G's own ROE % has ranged from 7.49 to 8.84 over the past decade. While the company's 10-year median is 7.83 vs. the industry median of 6.08, OQ Gas Network Company S A O G has consistently been above 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 6.08, based on 956 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % of 8.64% is 42.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on OQ Gas Network Company S A O G and its competitors. For the Oil & Gas industry, the median ROE % is 6.08 — 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 ROE % is 8.64%, which is 10% above median its own 10-year median of 7.83. 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 ROE % is 8.64%, which is 10% above median its 10-year median of 7.83 and 42.2% above the Oil & Gas industry median of 6.08. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For OQ Gas Network Company S A O G (MUS:OQGN), the current ROE % is 8.64% 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:
ROE %: 8.64% (10% above median its 10-year median of 7.83)
GF Value™: ر.ع0.29 vs. price of ر.ع0.20 (31% below fair value)
Industry Position: 42.2% above the Oil & Gas median (#402 of 956)
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
Get the complete analysis for MUS:OQGN
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:OQGN has been successfully added to your 
