Rompetrol Rafinare (BSE:RRC) ROC %: 11.28% (As of Sep. 2023)


What is Rompetrol Rafinare ROC %?

Rompetrol Rafinare BSE:RRC -1.80% ROC % is 11.28% as of Sep. 2023.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Rompetrol Rafinare's annualized return on capital (ROC %) for the quarter that ended in Sep. 2023 was 11.28%.

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


Rompetrol Rafinare  (BSE:RRC) 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, Rompetrol Rafinare's WACC % is 0.00%. Rompetrol Rafinare's ROC % is 0.00% (calculated using TTM income statement data). Rompetrol Rafinare 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.


Rompetrol Rafinare ROC % Related Terms


Rompetrol Rafinare ROC % Historical Data

* Premium members only.

The historical data trend for Rompetrol Rafinare'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.

Rompetrol Rafinare ROC % Chart

Rompetrol Rafinare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 1.64 -8.34 -2.17 7.71

Rompetrol Rafinare Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.73 0.00 4.94 -5.91 11.28

Rompetrol Rafinare ROC % Calculation

Rompetrol Rafinare's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2022 is calculated as:

ROC % (A: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2021 ) + Invested Capital (A: Dec. 2022 ))/ count )
=1287.151 * ( 1 - 58.06% )/( (7064.235 + 6943.56)/ 2 )
=539.8311294/7003.8975
=7.71 %

where

Invested Capital(A: Dec. 2021 )
=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))
=11586.672 - 6996.507 - ( 226.667 - max(0, 7423.645 - 4949.575+226.667))
=7064.235

Invested Capital(A: Dec. 2022 )
=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))
=10827.777 - 6452.079 - ( 76.804 - max(0, 7074.099 - 4506.237+76.804))
=6943.56

Rompetrol Rafinare's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=1313.456 * ( 1 - 39.03% )/( (7181.326 + 7013.332)/ 2 )
=800.8141232/7097.329
=11.28 %

where

Invested Capital(Q: Jun. 2023 )
=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))
=12414.688 - 6465.741 - ( 916.464 - max(0, 7125.274 - 5892.895+916.464))
=7181.326

Invested Capital(Q: Sep. 2023 )
=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))
=12964.682 - 6978.837 - ( 809.735 - max(0, 7448.836 - 6421.349+809.735))
=7013.332

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 11.28% mean?
Rompetrol Rafinare (BSE:RRC) has a ROC % of 11.28% as of Sep. 2023. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Rompetrol Rafinare and its competitors.
Is Rompetrol Rafinare's ROC % too high?
Rompetrol Rafinare's current ROC % is 11.28%. The Oil & Gas industry median ROC % is 3.63. Rompetrol Rafinare's value of 11.28% is 210.7% above this industry median.
How does Rompetrol Rafinare's ROC % compare to MPC and PSX?
Rompetrol Rafinare's ROC % of 11.28% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 3.63. Rompetrol Rafinare's value of 11.28% is 210.7% above this benchmark. 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. Rompetrol Rafinare's current ROC % of 11.28% is 210.7% above the industry median. 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 Rompetrol Rafinare 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. Rompetrol Rafinare's current ROC % is 11.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rompetrol Rafinare stock overvalued right now?
Rompetrol Rafinare (BSE:RRC) has a current ROC % of 11.28%. The current ROC % is 11.28% and 210.7% above the Oil & Gas industry median of 3.63. 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 Rompetrol Rafinare (BSE:RRC), the current ROC % is 11.28% as of Sep. 2023. 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.

Rompetrol Rafinare Business Description

Industry EnergyOil & Gas
Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700
Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.