Cia Logistica de Hidrocarburos CLH (LTS:0QHA) ROC %: 9.77% (As of Sep. 2015)


What is Cia Logistica de Hidrocarburos CLH ROC %?

Cia Logistica de Hidrocarburos CLH LTS:0QHA ROC % is 9.77% as of Sep. 2015.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Cia Logistica de Hidrocarburos CLH's annualized return on capital (ROC %) for the quarter that ended in Sep. 2015 was 9.77%.

As of today (2026-07-13), Cia Logistica de Hidrocarburos CLH's WACC % is 1.70%. Cia Logistica de Hidrocarburos CLH's ROC % is 29.04% (calculated using TTM income statement data). Cia Logistica de Hidrocarburos CLH generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Cia Logistica de Hidrocarburos CLH  (LTS:0QHA) 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, Cia Logistica de Hidrocarburos CLH's WACC % is 1.70%. Cia Logistica de Hidrocarburos CLH's ROC % is 29.04% (calculated using TTM income statement data). Cia Logistica de Hidrocarburos CLH generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Cia Logistica de Hidrocarburos CLH ROC % Related Terms


Cia Logistica de Hidrocarburos CLH ROC % Historical Data

* Premium members only.

The historical data trend for Cia Logistica de Hidrocarburos CLH'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.

Cia Logistica de Hidrocarburos CLH ROC % Chart

Cia Logistica de Hidrocarburos CLH Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
ROC %
Get a 7-Day Free Trial 9.03 7.52 7.91 7.51 8.23

Cia Logistica de Hidrocarburos CLH Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Mar15 Jun15 Sep15
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 2.98 9.61 18.28 1.70 9.77

Cia Logistica de Hidrocarburos CLH ROC % Calculation

Cia Logistica de Hidrocarburos CLH's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2013 is calculated as:

ROC % (A: Dec. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2012 ) + Invested Capital (A: Dec. 2013 ))/ count )
=225.48 * ( 1 - 21.81% )/( (2057.46 + 2228.561)/ 2 )
=176.302812/2143.0105
=8.23 %

where

Invested Capital(A: Dec. 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))
=1887.743 - 50.229 - ( 0.967 - max(0, 1016.554 - 796.608+0.967))
=2057.46

Invested Capital(A: Dec. 2013 )
=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))
=1998.529 - 49.932 - ( 0.986 - max(0, 1188.821 - 908.857+0.986))
=2228.561

Cia Logistica de Hidrocarburos CLH's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2015 is calculated as:

ROC % (Q: Sep. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2015 ) + Invested Capital (Q: Sep. 2015 ))/ count )
=228.336 * ( 1 - 23.07% )/( (2246.478 + 1351)/ 2 )
=175.6588848/1798.739
=9.77 %

where

Invested Capital(Q: Jun. 2015 )
=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))
=2164.34 - 64.034 - ( 7.491 - max(0, 1124.776 - 978.604+7.491))
=2246.478

Note: The Operating Income data used here is four times the quarterly (Sep. 2015) 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 9.77% mean?
Cia Logistica de Hidrocarburos CLH (LTS:0QHA) has a ROC % of 9.77% as of Sep. 2015. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Cia Logistica de Hidrocarburos CLH and its competitors.
Is Cia Logistica de Hidrocarburos CLH's ROC % too high?
Cia Logistica de Hidrocarburos CLH's current ROC % is 9.77%. The Oil & Gas industry median ROC % is 3.71. Cia Logistica de Hidrocarburos CLH's value of 9.77% is 163.7% above this industry median.
How does Cia Logistica de Hidrocarburos CLH's ROC % compare to NS and PAGP?
Cia Logistica de Hidrocarburos CLH's ROC % of 9.77% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 3.71. Cia Logistica de Hidrocarburos CLH's value of 9.77% is 163.7% 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 3.71, based on 996 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. Cia Logistica de Hidrocarburos CLH's current ROC % of 9.77% is 163.7% 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 Cia Logistica de Hidrocarburos CLH and its competitors. For the Oil & Gas industry, the median ROC % is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Logistica de Hidrocarburos CLH's current ROC % is 9.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Logistica de Hidrocarburos CLH stock overvalued right now?
Cia Logistica de Hidrocarburos CLH (LTS:0QHA) has a current ROC % of 9.77%. The current ROC % is 9.77% and 163.7% above the Oil & Gas industry median of 3.71. 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 Cia Logistica de Hidrocarburos CLH (LTS:0QHA), the current ROC % is 9.77% as of Sep. 2015. 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.

Cia Logistica de Hidrocarburos CLH Business Description

Industry EnergyOil & Gas
Cia Logistica de Hidrocarburos CLH SA was formed on October 24, 1927. The Company is engaged in the storage, transportation and distribution of oil products in mainland Spain and the Balearic Islands, on behalf of the oil companies that operate in the Spanish market. This activity basically consists of receiving oil products at its facilities - mainly gasolines, diesels, fuel oils, aviation fuels and biofuels - and transporting and storing these products, and final delivery to the company's customers through its tank truck loading facilities. Its segment consists of: the land supplies business segment consists of logistics services comprising storage, transportation and distribution of all kinds of hydrocarbons and chemicals, and their derivatives and waste products, as well as advice and technical assistance in the provision of the services. The air supplies business segment consists of logistics services involving the storage, distribution and serving at airports of all kinds of aircraft fuels and lubricants.