National Gas & Industrialization Co (SAU:2080) ROIC %: 12.23% (As of Mar. 2026)


SAU:2080 National Gas & Industrialization Co SAU:2080
80 GF Score
Price ﷼70.05
GF Value ﷼101.51
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is National Gas & Industrialization Co ROIC %?

National Gas & Industrialization Co SAU:2080 -0.07% 80 ROIC % is 12.23% as of Mar. 2026. GuruFocus rates SAU:2080 with a GF Score™ of 80/100 and a GF Value™ of ﷼101.51 (Significantly Undervalued). The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. National Gas & Industrialization Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 12.23%.

As of today (2026-07-13), National Gas & Industrialization Co's WACC % is 12.43%. National Gas & Industrialization Co's ROIC % is 9.50% (calculated using TTM income statement data). National Gas & Industrialization Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


National Gas & Industrialization Co  (SAU:2080) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, National Gas & Industrialization Co's WACC % is 12.43%. National Gas & Industrialization Co's ROIC % is 9.50% (calculated using TTM income statement data). National Gas & Industrialization Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


National Gas & Industrialization Co ROIC % Related Terms


National Gas & Industrialization Co ROIC % Historical Data

* Premium members only.

The historical data trend for National Gas & Industrialization Co's ROIC % 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.

National Gas & Industrialization Co ROIC % Chart

National Gas & Industrialization Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 5.45 5.85 6.79 8.63

National Gas & Industrialization Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 9.76 7.46 8.72 9.27 12.23

SAU:2080 vs XOM, CVX: ROIC % Comparison

For the Oil & Gas Integrated subindustry, National Gas & Industrialization Co's ROIC %, along with its competitors' market caps and ROIC % 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.


National Gas & Industrialization Co ROIC % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Gas & Industrialization Co's ROIC % distribution charts can be found below:

* The bar in red indicates where National Gas & Industrialization Co's ROIC % falls into.


SAU:2080
80GF Score
National Gas & Industrialization Co SAU:2080
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Gas & Industrialization Co ROIC % Calculation

National Gas & Industrialization Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=192.589 * ( 1 - 0% )/( (2249.536 + 2211.99)/ 2 )
=192.589/2230.763
=8.63 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2697.276 - 411.434 - ( 292.123 - max(0, 697.976 - 734.282+292.123))
=2249.536

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2788.799 - 482.116 - ( 246.953 - max(0, 671.689 - 766.382+246.953))
=2211.99

National Gas & Industrialization Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=281.768 * ( 1 - 0% )/( (2211.99 + 2394.183)/ 2 )
=281.768/2303.0865
=12.23 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2788.799 - 482.116 - ( 246.953 - max(0, 671.689 - 766.382+246.953))
=2211.99

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2927.773 - 365.637 - ( 226.782 - max(0, 565.692 - 733.645+226.782))
=2394.183

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 12.23% mean?
National Gas & Industrialization Co (SAU:2080) has a ROIC % of 12.23% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on National Gas & Industrialization Co and its competitors.
Is National Gas & Industrialization Co's ROIC % too high?
National Gas & Industrialization Co's current ROIC % is 12.23%. The Oil & Gas industry median ROIC % is 3.71. National Gas & Industrialization Co's value of 12.23% is 230.1% above this industry median. Overall, National Gas & Industrialization Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Gas & Industrialization Co's ROIC % compare to XOM and CVX?
National Gas & Industrialization Co's ROIC % of 12.23% can be compared against companies in the Oil & Gas industry. The industry median ROIC % is 3.71. National Gas & Industrialization Co's value of 12.23% is 230.1% 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 ROIC % for an Oil & Gas company?
The median ROIC % among Oil & Gas companies is 3.71, based on 996 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Gas & Industrialization Co's current ROIC % of 12.23% is 230.1% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on National Gas & Industrialization Co and its competitors. For the Oil & Gas industry, the median ROIC % is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Gas & Industrialization Co's current ROIC % is 12.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Gas & Industrialization Co stock overvalued right now?
Based on GuruFocus' analysis, National Gas & Industrialization Co (SAU:2080) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼101.51, compared to a current price of ﷼70.05 — trading 31% below its estimated fair value. The current ROIC % is 12.23% and 230.1% above the Oil & Gas industry median of 3.71. National Gas & Industrialization Co's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For National Gas & Industrialization Co (SAU:2080), the current ROIC % is 12.23% 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 National Gas & Industrialization Co (SAU:2080) Overvalued in 2026?

Based on GuruFocus' analysis, National Gas & Industrialization Co stock appears to be undervalued. The current stock price of ﷼70.05 is trading 31% below its estimated GF Value™ of ﷼101.51. GuruFocus considers National Gas & Industrialization Co to be Significantly Undervalued.

Key valuation signals for SAU:2080:

  • ROIC %: 12.23%
  • GF Value™: ﷼101.51 vs. price of ﷼70.05 (31% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 230.1% above the Oil & Gas median

No single metric tells the full story. See the SAU:2080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Gas & Industrialization Co Business Description

Industry EnergyOil & Gas
Address Prince Abdul Aziz bin Musaid Ben Galloway, No 331, P.O. Box 564, Olaya Area, North of King Fahd Medical City Building, Riyadh, SAU, 11421
National Gas & Industrialization Co is engaged in carrying out all work related to the exploitation, manufacturing, and marketing of all kinds of gas and its derivatives and industrial gases inside and outside the Kingdom of Saudi Arabia. Along with its subsidiaries, it is also involved in other business activities such as; selling, manufacturing, and maintaining cages, cylinders, tanks, and accessories; maintenance of gas networks and accessories; providing water treatment and environmental services; participating in energy production; and acquiring real estate and purchasing land for the construction of buildings, etc. The company's business segments are; Central region SR, which derives maximum revenue, Western region SR, Eastern region SR, and Southern region SR.
80GF Score

Get the complete analysis for SAU:2080

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

﷼70.05
Price
﷼101.51
GF Value