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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
OQ Gas Network Company S A O G's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
OQ Gas Network Company S A O G (MUS:OQGN) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
OQ Gas Network Company S A O G 3-Year ROIIC % Related Terms
OQ Gas Network Company S A O G 3-Year ROIIC % 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.
OQ Gas Network Company S A O G 3-Year ROIIC % Chart
MUS:OQGN vs WMB, EPD, ET: 3-Year ROIIC % Comparison
For the Oil & Gas Midstream subindustry, OQ Gas Network Company S A O G's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, OQ Gas Network Company S A O G's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where OQ Gas Network Company S A O G's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 1.8631494 (Dec. 2025) - -2.292462 (Dec. 2022) )
/
( 1184.82 (Dec. 2025) - 1029.85 (Dec. 2022) )
=
4.1556114
/
154.97
=
2.68%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
OQ Gas Network Company S A O G (MUS:OQGN) has a 3-Year ROIIC % of 2.68 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on OQ Gas Network Company S A O G and its competitors. This is near median its historical median of 2.68. Over the past decade, OQ Gas Network Company S A O G's 3-Year ROIIC % has ranged from 2.68 to 2.68. According to the industry distribution chart, OQ Gas Network Company S A O G ranks #400 out of 931 companies in the Oil & Gas industry, placing it in the top 43%.
Is OQ Gas Network Company S A O G's 3-Year ROIIC % too high?
OQ Gas Network Company S A O G's current 3-Year ROIIC % of 2.68 is near median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 2.68. Based on the distribution chart, OQ Gas Network Company S A O G ranks #400 out of 931 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 Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OQ Gas Network Company S A O G's 3-Year ROIIC % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, OQ Gas Network Company S A O G ranks #400 out of 931 companies for 3-Year ROIIC %. This puts OQ Gas Network Company S A O G in the upper half of its industry. Historically, OQ Gas Network Company S A O G's own 3-Year ROIIC % has ranged from 2.68 to 2.68 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on OQ Gas Network Company S A O G and its competitors. OQ Gas Network Company S A O G's current 3-Year ROIIC % is 2.68, which is near median its own 10-year median of 2.68. 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 Modestly Undervalued. The stock's GF Value™ is ر.ع0.27, compared to a current price of ر.ع0.23 — trading 16.3% below its estimated fair value. The current 3-Year ROIIC % is 2.68, which is near median its 10-year median of 2.68. OQ Gas Network Company S A O G's overall GF Score™ is 11/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For OQ Gas Network Company S A O G (MUS:OQGN), the current 3-Year ROIIC % is 2.68 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 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.ع0.23 is trading 16.3% below its estimated GF Value™ of ر.ع0.27.
GuruFocus considers OQ Gas Network Company S A O G to be Modestly Undervalued.
Key valuation signals for MUS:OQGN:
3-Year ROIIC %: 2.68 (near median its 10-year median of 2.68)
GF Value™: ر.ع0.27 vs. price of ر.ع0.23 (16.3% below fair value)
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
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