Saudi Aramco Base Oil Co - Luberef (SAU:2223) ROE %: 23.35% (As of Mar. 2026) — 23% Below Median


SAU:2223 Saudi Aramco Base Oil Co - Luberef SAU:2223
55 GF Score
Price ﷼124.30
GF Value ﷼115.33
Valuation Fairly Valued
! 7 Warning Signs
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What is Saudi Aramco Base Oil Co - Luberef ROE %?

Saudi Aramco Base Oil Co - Luberef SAU:2223 -0.64% 55 ROE % is 23.35% as of Mar. 2026, which is 23% below its 10-year median of 30.34. GuruFocus rates SAU:2223 with a GF Score™ of 55/100 and a GF Value™ of ﷼115.33 (Fairly Valued). The stock has 7 warning signs investors should review. Among 960 Oil & Gas companies, Saudi Aramco Base Oil Co - Luberef ranks better than 83.85% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Saudi Aramco Base Oil Co - Luberef's annualized net income for the quarter that ended in Mar. 2026 was ﷼1,032 Mil. Saudi Aramco Base Oil Co - Luberef's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ﷼4,419 Mil. Therefore, Saudi Aramco Base Oil Co - Luberef's annualized ROE % for the quarter that ended in Mar. 2026 was 23.35%.

The historical rank and industry rank for Saudi Aramco Base Oil Co - Luberef's ROE % or its related term are showing as below:

SAU:2223' s ROE % Range Over the Past 10 Years
Min: 19.05   Med: 30.34   Max: 42.41
Current: 20.56

During the past 5 years, Saudi Aramco Base Oil Co - Luberef's highest ROE % was 42.41%. The lowest was 19.05%. And the median was 30.34%.

SAU:2223's ROE % is ranked better than
83.85% of 960 companies
in the Oil & Gas industry
Industry Median: 5.725 vs SAU:2223: 20.56

Saudi Aramco Base Oil Co - Luberef  (SAU:2223) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1031.872/4418.924
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1031.872 / 8633.628)*(8633.628 / 8212.405)*(8212.405 / 4418.924)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.95 %*1.0513*1.8585
=ROA %*Equity Multiplier
=12.56 %*1.8585
=23.35 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1031.872/4418.924
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1031.872 / 1058.472) * (1058.472 / 1053.22) * (1053.22 / 8633.628) * (8633.628 / 8212.405) * (8212.405 / 4418.924)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9749 * 1.005 * 12.2 % * 1.0513 * 1.8585
=23.35 %

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.


Saudi Aramco Base Oil Co - Luberef ROE % Related Terms


Saudi Aramco Base Oil Co - Luberef ROE % Historical Data

* Premium members only.

The historical data trend for Saudi Aramco Base Oil Co - Luberef's ROE % 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.

Saudi Aramco Base Oil Co - Luberef ROE % Chart

Saudi Aramco Base Oil Co - Luberef Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
35.40 42.41 30.34 20.98 19.05

Saudi Aramco Base Oil Co - Luberef Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 20.92 23.33 25.41 9.73 23.35

SAU:2223 vs VLO, MPC, PSX: ROE % Comparison

For the Oil & Gas Refining & Marketing subindustry, Saudi Aramco Base Oil Co - Luberef'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.


Saudi Aramco Base Oil Co - Luberef ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saudi Aramco Base Oil Co - Luberef's ROE % distribution charts can be found below:

* The bar in red indicates where Saudi Aramco Base Oil Co - Luberef's ROE % falls into.


SAU:2223
55GF Score
Saudi Aramco Base Oil Co - Luberef SAU:2223
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Aramco Base Oil Co - Luberef ROE % Calculation

Saudi Aramco Base Oil Co - Luberef's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=855.315/( (4397.459+4582.446)/ 2 )
=855.315/4489.9525
=19.05 %

Saudi Aramco Base Oil Co - Luberef's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1031.872/( (4582.446+4255.402)/ 2 )
=1031.872/4418.924
=23.35 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 23.35% mean?
Saudi Aramco Base Oil Co - Luberef (SAU:2223) has a ROE % of 23.35% 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 Saudi Aramco Base Oil Co - Luberef and its competitors. This is 23% below median its historical median of 30.34. Over the past decade, Saudi Aramco Base Oil Co - Luberef's ROE % has ranged from 19.05 to 42.41. According to the industry distribution chart, Saudi Aramco Base Oil Co - Luberef ranks #155 out of 960 companies in the Oil & Gas industry, placing it in the top 16.1%.
Is Saudi Aramco Base Oil Co - Luberef's ROE % too high?
Saudi Aramco Base Oil Co - Luberef's current ROE % of 23.35% is 23% below median its 10-year median of 30.34. Over the past 10 years, this metric has ranged from a low of 19.05 to a high of 42.41. The Oil & Gas industry median ROE % is 5.73. Saudi Aramco Base Oil Co - Luberef's value of 23.35% is 307.9% above this industry median. Based on the distribution chart, Saudi Aramco Base Oil Co - Luberef ranks #155 out of 960 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Saudi Aramco Base Oil Co - Luberef has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Aramco Base Oil Co - Luberef's ROE % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Saudi Aramco Base Oil Co - Luberef ranks #155 out of 960 companies for ROE %. This places Saudi Aramco Base Oil Co - Luberef in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 5.73. Saudi Aramco Base Oil Co - Luberef's value of 23.35% is 307.9% above this benchmark. Historically, Saudi Aramco Base Oil Co - Luberef's own ROE % has ranged from 19.05 to 42.41 over the past decade. While the company's 10-year median is 30.34 vs. the industry median of 5.73, Saudi Aramco Base Oil Co - Luberef 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 5.73, based on 960 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. Saudi Aramco Base Oil Co - Luberef's current ROE % of 23.35% is 307.9% 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 Saudi Aramco Base Oil Co - Luberef and its competitors. For the Oil & Gas industry, the median ROE % is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Aramco Base Oil Co - Luberef's current ROE % is 23.35%, which is 23% below median its own 10-year median of 30.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Aramco Base Oil Co - Luberef stock overvalued right now?
Based on GuruFocus' analysis, Saudi Aramco Base Oil Co - Luberef (SAU:2223) is currently considered Fairly Valued. The stock's GF Value™ is ﷼115.33, compared to a current price of ﷼124.30 — trading 7.8% above its estimated fair value. The current ROE % is 23.35%, which is 23% below median its 10-year median of 30.34 and 307.9% above the Oil & Gas industry median of 5.73. Saudi Aramco Base Oil Co - Luberef's overall GF Score™ is 55/100 with 7 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 Saudi Aramco Base Oil Co - Luberef (SAU:2223), the current ROE % is 23.35% 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 Saudi Aramco Base Oil Co - Luberef (SAU:2223) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Aramco Base Oil Co - Luberef stock appears to be overvalued. The current stock price of ﷼124.30 is trading 7.8% above its estimated GF Value™ of ﷼115.33. GuruFocus considers Saudi Aramco Base Oil Co - Luberef to be Fairly Valued.

Key valuation signals for SAU:2223:

  • ROE %: 23.35% (23% below median its 10-year median of 30.34)
  • GF Value™: ﷼115.33 vs. price of ﷼124.30 (7.8% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 307.9% above the Oil & Gas median (#155 of 960)

No single metric tells the full story. See the SAU:2223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Aramco Base Oil Co - Luberef Business Description

Industry EnergyOil & Gas
Address 7168 Al Minaa, P.O. Box 5518, 3072 Petromin District, Jeddah, SAU, 22411
Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and in purchasing, selling, transporting, marketing, importing and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and other countries. The company derives the majority of its revenue from sales of Base oils in the Kingdom of Saudi Arabia.
55GF Score

Get the complete analysis for SAU:2223

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

﷼124.30
Price
﷼115.33
GF Value