Home > Analytics > OIL & NATURAL GAS CORPORATION

OIL & NATURAL GAS CORPORATION
Intrinsic Value | Fundamental Analysis

BOM : 500312     NSE : ONGC    
LT :  
    Long Term Analysis
Fundamentals : Good
Valuation : Good [Stock is Cheap]
Debt : Average
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Downward
Price Momentum : Upward
Pledged Shares : None or < 25%
Feb 20,2024
Price(EOD): ₹ 276.65
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Oil Exploration
MCap: ₹ 348,034.00 Cr
Value of ₹ 1 Lac invested in OIL & NATURAL GAS CORPORATION
on Feb 20,2019 (price: ₹ 144.05)

₹ 1 L

₹ 1.92 L

1W : 2.9% 1M : 14.3% 1Y : 85.1%
COMMUNITY POLL
for OIL & NATURAL GAS CORPORATION
Please provide your vote to see the results
OIL & NATURAL GAS CORPORATION is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Top Undervalued Large Cap Stocks
Best 1M Momentum Large Cap Stocks
Industry Peers & Returns1W1M1Y
OIL & NATURAL GAS CORPORATION 2.9% 14.3% 85.1%
OIL INDIA 21.2% 46.7% 130.4%
HINDUSTAN OIL EXPLORATION COMPANY 13.2% 17.3% 46.7%
JINDAL DRILLING & INDUSTRIES -0.8% -9.3% 155.9%
DEEP ENERGY RESOURCES -4.7% -11.2% 45.5%
SELAN EXPLORATION TECHNOLOGY 7.6% -1.6% 75.7%
ABAN OFFSHORE 2.1% 37% 88.2%
ASIAN ENERGY SERVICES -1.3% 12% 366.5%
GUJARAT NATURAL RESOURCES 3.9% 21.3% 68.1%

FUNDAMENTAL ANALYSIS OF OIL & NATURAL GAS CORPORATION

 
Fundamentals Score
[ Q(TTM): Dec2023, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]

Insights 💡 ONGC is one of the top 35% companies with good fundamentals ! Discover More →

VALUATION OF OIL & NATURAL GAS CORPORATION

 
Valuation Score
[As on : Feb 20,2024 ]

Ratio Consolidated
P/E
P/B
P/S
6.87
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 50,690.90 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

1.24
P/B Calculated based on Book Value of Rs 280,647.00 Cr
[Latest Year - Mar2023 - Consolidated Results ]

0.54
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 640,333.00 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

Financial Ratios →

Insights 💡 ONGC is one of the potential top 14% undervalued companies ! Discover More →

FAIR VALUE OF OIL & NATURAL GAS CORPORATION

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
56%
-59%
-61%

Insights 💡 You can learn about various Valuation techniques to calculate Intrinsic Value
with our bestselling video course Value Investing - The Ultimate Guide
Take Me There →

SHARE PRICE MOMENTUM OF OIL & NATURAL GAS CORPORATION


Insights 💡 ONGC is one of the top 36% companies with bullish price momentum currently! Discover More →

OIL & NATURAL GAS CORPORATION vs SENSEX


Insights 💡 You can learn about Basics of Stock Marketing Investing
with our bestselling video course Stock Marketing Investing Simplified
Take Me There →

DEBT OF OIL & NATURAL GAS CORPORATION

Year Debt/Equity ratio
Standalone Consolidated
2023
2022
2021
Avg_3yrs
-
0.03
0.07
0.03
-
0.42
0.54
0.32
[Last Annual Data : Mar2023]
Financial Ratios →

PLEDGED PROMOTER SHARES OF OIL & NATURAL GAS CORPORATION

Pledged Promoter Shares
0 %
As on : Dec2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF OIL & NATURAL GAS CORPORATION

Consolidated Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
12.73%
-29.13%
-33.01%
-32.98%
-2.15%
-8.43%
-1.86%
-0.04%
QtrlyTrend
-6
Latest Qtr: Dec2023
Quarterly Result Analysis →


OIL & NATURAL GAS CORPORATION related INDICES

BSE Indices1W1M1Y
S&P BSE PSU 6.4% 17.7% 99.9%
S&P BSE OIL GAS 6.2% 17.8% 66.4%
S&P BSE ENHANCED VALUE 5.6% 16.2% 88.2%
S&P BSE BHARAT 22 INDEX 5.1% 9.6% 70.2%
S&P BSE INFRA 5.1% 13.3% 107.1%
NSE Indices1W1M1Y
NIFTY CPSE 6.4% 18.4% 109.6%
NIFTY PSE 6.3% 17.1% 117.4%
NIFTY OIL & GAS 5.8% 17.2% 67.3%
NIFTY 500 VALUE 50 5.6% 13.8% 88.9%
NIFTY ENERGY 4.1% 15.5% 79.5%

You may also like the below Video Courses


FAQ about OIL & NATURAL GAS CORPORATION


Is OIL & NATURAL GAS CORPORATION good for long term investment?

As on Feb 20,2024, the Fundamentals of OIL & NATURAL GAS CORPORATION look Strong and hence it may be good for long term investment! See Financial Performance of OIL & NATURAL GAS CORPORATION . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is OIL & NATURAL GAS CORPORATION UnderValued or OverValued?

As on Feb 20,2024, OIL & NATURAL GAS CORPORATION is Under Valued based on the estimates of intrinsic value and hence may be a good buying opportunity according to Share Valuation at this time!

What is the Intrinsic Value of OIL & NATURAL GAS CORPORATION ?

As on Feb 20,2024, the Intrinsic Value of OIL & NATURAL GAS CORPORATION is Rs. 678.32 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 177.07
Fair Value [Median EV / Sales Model] : Rs. 678.32
Fair Value [Median Price / Sales Model] : Rs. 718.26
Estimated Median Fair Value of OIL & NATURAL GAS CORPORATION : Rs. 678.32

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is OIL & NATURAL GAS CORPORATION trading at a Premium or Discount?

As on Feb 20,2024, OIL & NATURAL GAS CORPORATION is trading at a Discount of -59% based on the estimates of Median Intrinsic Value!