ZNOG (Zion Oil & Gas) ROE %: -16.70% (As of Jun. 2026)

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ZNOG Zion Oil & Gas Inc ZNOG
34 GF Score
Price $0.41
! 1 Warning Sign
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What is Zion Oil & Gas ROE %?

Zion Oil & Gas ZNOG +1.00% 34 ROE % is -16.70% as of Jun. 2026. GuruFocus rates ZNOG with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 965 Oil & Gas companies, Zion Oil & Gas ranks worse than 83.83% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zion Oil & Gas's annualized net income for the quarter that ended in Jun. 2026 was $-8.20 Mil. Zion Oil & Gas's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was $49.12 Mil. Therefore, Zion Oil & Gas's annualized ROE % for the quarter that ended in Jun. 2026 was -16.70%.

The historical rank and industry rank for Zion Oil & Gas's ROE % or its related term are showing as below:

ZNOG' s ROE % Range Over the Past 10 Years
Min: -260.48   Med: -48.75   Max: -18.5
Current: -18.5

During the past 13 years, Zion Oil & Gas's highest ROE % was -18.50%. The lowest was -260.48%. And the median was -48.75%.

ZNOG's ROE % is ranked worse than
83.83% of 965 companies
in the Oil & Gas industry
Industry Median: 6.81 vs ZNOG: -18.50

Zion Oil & Gas  (OTCPK:ZNOG) 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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=-8.2/49.116
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.2 / 0)*(0 / 53.7065)*(53.7065 / 49.116)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0935
=ROA %*Equity Multiplier
=N/A %*1.0935
=-16.70 %

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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=-8.2/49.116
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-8.2 / -8.2) * (-8.2 / -8.24) * (-8.24 / 0) * (0 / 53.7065) * (53.7065 / 49.116)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9951 * N/A % * 0 * 1.0935
=-16.70 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Zion Oil & Gas ROE % Related Terms


Zion Oil & Gas ROE % Historical Data

* Premium members only.

The historical data trend for Zion Oil & Gas'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.

Zion Oil & Gas ROE % Chart

Zion Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.18 -136.88 -35.27 -29.14 -21.54

Zion Oil & Gas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only -21.42 -17.13 -22.09 -18.34 -16.70

ZNOG vs SD, WTI, EGY: ROE % Comparison

For the Oil & Gas E&P subindustry, Zion Oil & Gas'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.


Zion Oil & Gas ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Zion Oil & Gas's ROE % distribution charts can be found below:

* The bar in red indicates where Zion Oil & Gas's ROE % falls into.


ZNOG
34GF Score
Zion Oil & Gas Inc ZNOG
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zion Oil & Gas ROE % Calculation

Zion Oil & Gas'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 )
=-7.627/( (28.381+42.428)/ 2 )
=-7.627/35.4045
=-21.54 %

Zion Oil & Gas's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=-8.2/( (48.432+49.8)/ 2 )
=-8.2/49.116
=-16.70 %

* 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 (Jun. 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 -16.70% mean?
Zion Oil & Gas (ZNOG) has a ROE % of -16.70% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Zion Oil & Gas and its competitors. According to the industry distribution chart, Zion Oil & Gas ranks #809 out of 965 companies in the Oil & Gas industry, placing it in the top 83.8%.
Is Zion Oil & Gas' ROE % too high?
Zion Oil & Gas' current ROE % is -16.70%. Based on the distribution chart, Zion Oil & Gas ranks #809 out of 965 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Zion Oil & Gas has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Zion Oil & Gas' ROE % compare to SD and WTI?
According to the Oil & Gas industry distribution chart, Zion Oil & Gas ranks #809 out of 965 companies for ROE %. This places Zion Oil & Gas in the lower half of its industry. The industry median ROE % is 6.81. 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 6.81, based on 965 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. 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 Zion Oil & Gas and its competitors. For the Oil & Gas industry, the median ROE % is 6.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zion Oil & Gas's current ROE % is -16.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zion Oil & Gas stock overvalued right now?
Zion Oil & Gas (ZNOG) has a current ROE % of -16.70%. The current ROE % is -16.70%. Zion Oil & Gas' overall GF Score™ is 34/100 with 1 warning sign 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 Zion Oil & Gas (ZNOG), the current ROE % is -16.70% as of Jun. 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.

Zion Oil & Gas Business Description

Industry EnergyOil & Gas
Address 12222 Merit Drive, Suite 1450, Dallas, TX, USA, 75251
Zion Oil & Gas Inc is a United States-based oil and gas exploration and production company. The Company currently hold one active petroleum exploration license onshore Israel, the New Megiddo Valleys License 434, comprising approximately 75,000 acres.
34GF Score

Get the complete analysis for ZNOG

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

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