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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. KazTransOil JSC's annualized return on capital (ROC %) for the quarter that ended in Jun. 2026 was 2.25%.
As of today (2026-09-13), KazTransOil JSC's WACC % is 12.06%. KazTransOil JSC's ROC % is 3.81% (calculated using TTM income statement data).
KazTransOil JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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, KazTransOil JSC's WACC % is 12.06%. KazTransOil JSC's ROC % is 3.81% (calculated using TTM income statement data).
KazTransOil JSC 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.
KazTransOil JSC ROC % Related Terms
KazTransOil JSC ROC % Historical Data
* Premium members only.
The historical data trend for KazTransOil JSC'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.
Note:
The Operating Income data used here is four times the quarterly (Jun. 2026) 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.
KazTransOil JSC (XKAZ:KZTO) has a ROC % of 2.25% as of Jun. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on KazTransOil JSC and its competitors.
Is KazTransOil JSC's ROC % too high?
KazTransOil JSC's current ROC % is 2.25%. The Oil & Gas industry median ROC % is 4.33. KazTransOil JSC's value of 2.25% is 48% below this industry median. Overall, KazTransOil JSC has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KazTransOil JSC's ROC % compare to WMB and EPD?
KazTransOil JSC's ROC % of 2.25% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 4.33. KazTransOil JSC's value of 2.25% is 48% below 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 4.33, based on 1,008 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. KazTransOil JSC's current ROC % of 2.25% is 48% below 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 KazTransOil JSC and its competitors. For the Oil & Gas industry, the median ROC % is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KazTransOil JSC's current ROC % is 2.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KazTransOil JSC stock overvalued right now?
Based on GuruFocus' analysis, KazTransOil JSC (XKAZ:KZTO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₸1,059.23, compared to a current price of ₸1,214.00 — trading 14.6% above its estimated fair value. The current ROC % is 2.25% and 48% below the Oil & Gas industry median of 4.33. KazTransOil JSC's overall GF Score™ is 80/100 with 8 warning signs to review. 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 KazTransOil JSC (XKAZ:KZTO), the current ROC % is 2.25% as of Jun. 2026. 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.
Is KazTransOil JSC (XKAZ:KZTO) Overvalued in 2026?
Based on GuruFocus' analysis, KazTransOil JSC stock appears to be overvalued.
The current stock price of ₸1,214.00 is trading 14.6% above its estimated GF Value™ of ₸1,059.23.
GuruFocus considers KazTransOil JSC to be Modestly Overvalued.
Key valuation signals for XKAZ:KZTO:
ROC %: 2.25%
GF Value™: ₸1,059.23 vs. price of ₸1,214.00 (14.6% above fair value)
No single metric tells the full story. See the XKAZ:KZTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KazTransOil JSC provides oil transportation services. The company aims at the development and integration of a network of Kazakhstan's main pipelines, enhancement of reliability of existing and construction of new oil transportation facilities. The group is organized into business units based on its services and has various reportable segments namely Oil transportation and related services; Oil transshipment, Water transportation, and Other segments. KazTransOil derives majority of its revenue from Oil transportation and related services.
80GF Score
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