OQ Gas Network Company S A O G (MUS:OQGN) Asset Turnover: 0.02 (As of Mar. 2026)

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MUS:OQGN OQ Gas Network Company S A O G MUS:OQGN
11 GF Score
Price ر.ع0.20
GF Value ر.ع0.29
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is OQ Gas Network Company S A O G Asset Turnover?

OQ Gas Network Company S A O G MUS:OQGN 11 Asset Turnover is 0.02 as of Mar. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. OQ Gas Network Company S A O G's Revenue for the three months ended in Mar. 2026 was ر.ع28.2 Mil. OQ Gas Network Company S A O G's Total Assets for the quarter that ended in Mar. 2026 was ر.ع1,240.9 Mil. Therefore, OQ Gas Network Company S A O G's Asset Turnover for the quarter that ended in Mar. 2026 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. OQ Gas Network Company S A O G's annualized ROE % for the quarter that ended in Mar. 2026 was 8.64%. It is also linked to ROA % through Du Pont Formula. OQ Gas Network Company S A O G's annualized ROA % for the quarter that ended in Mar. 2026 was 4.36%.


OQ Gas Network Company S A O G  (MUS:OQGN) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

OQ Gas Network Company S A O G's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=54.08/625.8325
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(54.08 / 112.804)*(112.804 / 1240.9365)*(1240.9365/ 625.8325)
=Net Margin %*Asset Turnover*Equity Multiplier
=47.94 %*0.0909*1.9829
=ROA %*Equity Multiplier
=4.36 %*1.9829
=8.64 %

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.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

OQ Gas Network Company S A O G's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=54.08/1240.9365
=(Net Income / Revenue)*(Revenue / Total Assets)
=(54.08 / 112.804)*(112.804 / 1240.9365)
=Net Margin %*Asset Turnover
=47.94 %*0.0909
=4.36 %

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.

* 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


OQ Gas Network Company S A O G Asset Turnover Related Terms


OQ Gas Network Company S A O G Asset Turnover Historical Data

* Premium members only.

The historical data trend for OQ Gas Network Company S A O G's Asset Turnover 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.

OQ Gas Network Company S A O G Asset Turnover Chart

OQ Gas Network Company S A O G Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Asset Turnover
0.07 0.08 0.07 0.11

OQ Gas Network Company S A O G Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.03 0.03 0.02

MUS:OQGN vs WMB, EPD, KMI: Asset Turnover Comparison

For the Oil & Gas Midstream subindustry, OQ Gas Network Company S A O G's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OQ Gas Network Company S A O G's Asset Turnover distribution charts can be found below:

* The bar in red indicates where OQ Gas Network Company S A O G's Asset Turnover falls into.


MUS:OQGN
11GF Score
OQ Gas Network Company S A O G MUS:OQGN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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OQ Gas Network Company S A O G Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

OQ Gas Network Company S A O G's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=128.778/( (1110.828+1224.572)/ 2 )
=128.778/1167.7
=0.11

OQ Gas Network Company S A O G's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=28.201/( (1224.572+1257.301)/ 2 )
=28.201/1240.9365
=0.02

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.02 mean?
OQ Gas Network Company S A O G (MUS:OQGN) has a Asset Turnover of 0.02 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on OQ Gas Network Company S A O G and its competitors.
Is OQ Gas Network Company S A O G's Asset Turnover too high?
OQ Gas Network Company S A O G's current Asset Turnover is 0.02. 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 Asset Turnover compare to WMB and EPD?
OQ Gas Network Company S A O G's Asset Turnover of 0.02 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. 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 Asset Turnover is 0.02. 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 Asset Turnover is 0.02. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For OQ Gas Network Company S A O G (MUS:OQGN), the current Asset Turnover is 0.02 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:

  • Asset Turnover: 0.02
  • GF Value™: ر.ع0.29 vs. price of ر.ع0.20 (31% below fair value)
  • GF Score™: 11/100 with 8 warning signs

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 Business Description

Industry EnergyOil & Gas
Address Al Khuwair, P.O. Box 799, Sultanate of Oman, Muscat, OMN, 133
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

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

ر.ع0.20
Price
ر.ع0.29
GF Value