AOGC (Australian Oil & Gas) ROC %: -14.87% (As of Mar. 2012)

What is Australian Oil & Gas ROC %?

Australian Oil & Gas AOGC -99.95% ROC % is -14.87% as of Mar. 2012.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Australian Oil & Gas's annualized return on capital (ROC %) for the quarter that ended in Mar. 2012 was -14.87%.

As of today (2026-06-26), Australian Oil & Gas's WACC % is 0.00%. Australian Oil & Gas's ROC % is 0.00% (calculated using TTM income statement data). Australian Oil & Gas earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Australian Oil & Gas (OTCPK:AOGC) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, Australian Oil & Gas's WACC % is 0.00%. Australian Oil & Gas's ROC % is 0.00% (calculated using TTM income statement data). Australian Oil & Gas 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 %, ROC % 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.

Australian Oil & Gas ROC % Related Terms

Australian Oil & Gas ROC % Historical Data

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The historical data trend for Australian Oil & Gas's ROC % 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.

Australian Oil & Gas ROC % Chart

Australian Oil & Gas Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

ROC %

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-2,387.01

-69,000.00

-26.55

-95.05

-12.23

Australian Oil & Gas Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
ROC %	Get a 7-Day Free Trial															-12.44	-12.56	-19.90	-9.69	-14.87

Australian Oil & Gas ROC % Calculation

Australian Oil & Gas's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2011 is calculated as:

	ROC % (A: Dec. 2011 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2010 )	+	Invested Capital (A: Dec. 2011 ))	/ count )
=	-0.28 * ( 1 - 0% )	/	( (3.05	+	1.528)	/ 2 )
=	-0.28	/	2.289
=	-12.23 %

where

	Invested Capital		(A: Dec. 2010 )
=	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	))
=	3.092	-	0.123	-	( 0.037	-	max(0, 0.123	-	0.042	+	0.037	))
=	3.05

	Invested Capital		(A: Dec. 2011 )
=	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	))
=	1.561	-	0.161	-	( 0.026	-	max(0, 0.161	-	0.033	+	0.026	))
=	1.528

Australian Oil & Gas's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2012 is calculated as:

	ROC % (Q: Mar. 2012 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2011 )	+	Invested Capital (Q: Mar. 2012 ))	/ count )
=	-0.296 * ( 1 - 0% )	/	( (1.528	+	2.454)	/ 2 )
=	-0.296	/	1.991
=	-14.87 %

where

	Invested Capital		(Q: Dec. 2011 )
=	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	))
=	1.561	-	0.161	-	( 0.026	-	max(0, 0.161	-	0.033	+	0.026	))
=	1.528

	Invested Capital		(Q: Mar. 2012 )
=	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	))
=	1.552	-	0.102	-	( 0.012	-	max(0, 1.028	-	0.024	+	0.012	))
=	2.454

Note: The Operating Income data used here is four times the quarterly (Mar. 2012) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -14.87% mean?

Australian Oil & Gas (AOGC) has a ROC % of -14.87% as of Mar. 2012. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Australian Oil & Gas and its competitors.

Is Australian Oil & Gas' ROC % too high?

Australian Oil & Gas' current ROC % is -14.87%.

How does Australian Oil & Gas' ROC % compare to PGNPQ and SOIGF?

Australian Oil & Gas' ROC % of -14.87% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 3.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROC % for an Oil & Gas company?

The median ROC % among Oil & Gas companies is 3.63, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 ROC % mean?

A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Australian Oil & Gas and its competitors. For the Oil & Gas industry, the median ROC % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Oil & Gas's current ROC % is -14.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Australian Oil & Gas stock overvalued right now?

Australian Oil & Gas (AOGC) has a current ROC % of -14.87%. The current ROC % is -14.87%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROC % calculated?

ROC % is calculated from a company's financial statements. For Australian Oil & Gas (AOGC), the current ROC % is -14.87% as of Mar. 2012. 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.

Australian Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies PGNPQ SOIGF MKSEF CEI ORIG GULTU PACD NADL FOEAY PHXHF AWLCF ICD PES ARHVF SDRL GUKYF SDLP TDGCF SBR ATW

Address 500 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Australian Oil & Gas Corp is an energy company that explores for natural gas, crude oil and natural gas liquids.