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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 : Upward
Price Momentum : Mild Upward
Pledged Shares : None or < 25%
Jun 14,2024
Price(EOD): ₹ 275.20
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Oil Exploration
MCap: ₹ 346,209.86 Cr
Value of ₹ 1 Lac invested in OIL & NATURAL GAS CORPORATION
on Jun 17,2019 (price: ₹ 164.65)

₹ 1 L

₹ 1.67 L

1W : 6.2% 1M : -0.9% 1Y : 78.4%
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for OIL & NATURAL GAS CORPORATION
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OIL & NATURAL GAS CORPORATION is part of below Screeners ↓
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Industry Peers & Returns1W1M1Y
OIL & NATURAL GAS CORPORATION 6.2% -0.9% 78.4%
OIL INDIA 15.2% 9.7% 165%
HINDUSTAN OIL EXPLORATION COMPANY 4.2% -2.7% -8.4%
JINDAL DRILLING & INDUSTRIES 2.5% -12.1% 77.9%
ASIAN ENERGY SERVICES 0.5% -7.2% 187.8%
SELAN EXPLORATION TECHNOLOGY 21.1% 19.2% 147.4%
DEEP ENERGY RESOURCES 1.7% 0.3% 26.5%
ABAN OFFSHORE 2.9% 10.9% 75.9%
GUJARAT NATURAL RESOURCES -0.1% -23.5% 2%

FUNDAMENTAL ANALYSIS OF OIL & NATURAL GAS CORPORATION

 
Fundamentals Score
[ Q(TTM): Mar2024, 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 : Jun 14,2024 ]

Ratio Consolidated
P/E
P/B
P/S
6.43
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 53,815.20 Cr
[Latest Qtr - Mar2024 - Consolidated Results ]

1.03
P/B Calculated based on Book Value of Rs 337,070.00 Cr
[Latest Year - Mar2024 - Consolidated Results ]

0.54
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 643,037.00 Cr
[Latest Qtr - Mar2024 - Consolidated Results ]

Financial Ratios →

Insights 💡 ONGC is one of the potential top 10% undervalued companies ! Discover More →

FAIR VALUE OF OIL & NATURAL GAS CORPORATION

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
205%
-61%
-59%

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SHARE PRICE MOMENTUM OF OIL & NATURAL GAS CORPORATION



OIL & NATURAL GAS CORPORATION vs SENSEX


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DEBT OF OIL & NATURAL GAS CORPORATION

Year Debt/Equity ratio
Standalone Consolidated
2023
2022
2021
Avg_3yrs
0.03
0.03
0.07
0.04
0.46
0.42
0.54
0.47
[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
0.73%
15.99%
-2.73%
-3.08%
1.65%
5.27%
66%
29.34%
QtrlyTrend
4
Latest Qtr: Mar2024
Quarterly Result Analysis →


OIL & NATURAL GAS CORPORATION related INDICES

BSE Indices1W1M1Y
S&P BSE PSU 4.3% 7% 102.7%
S&P BSE OIL GAS 3.5% 4.2% 65.5%
S&P BSE ENHANCED VALUE 3.3% 4.5% 94.4%
S&P BSE ENERGY 2.9% 4.9% 63.3%
S&P BSE BHARAT 22 INDEX 2.7% 5% 67%
NSE Indices1W1M1Y
NIFTY PSE 4.9% 7.1% 119.1%
NIFTY CPSE 4.6% 7.7% 114.7%
NIFTY OIL & GAS 3.4% 5.1% 63.3%
NIFTY INFRA 3.2% 6.4% 62%
NIFTY 500 VALUE 50 3.1% 5.1% 95.9%

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FAQ about OIL & NATURAL GAS CORPORATION


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

As on Jun 14,2024, 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 Jun 14,2024, 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 Jun 14,2024, the Intrinsic Value of OIL & NATURAL GAS CORPORATION is Rs. 669.11 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 90.24
Fair Value [Median EV / Sales Model] : Rs. 704.36
Fair Value [Median Price / Sales Model] : Rs. 669.11
Estimated Median Fair Value of OIL & NATURAL GAS CORPORATION : Rs. 669.11

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 Jun 14,2024, OIL & NATURAL GAS CORPORATION is trading at a Discount of -59% based on the estimates of Median Intrinsic Value!