Bass Oil (ASX:BAS) ROCE %: -5.06% (As of Dec. 2025)

What is Bass Oil ROCE %?

Bass Oil ASX:BAS -5.88% ROCE % is -5.06% as of Dec. 2025. The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Bass Oil's annualized ROCE % for the quarter that ended in Dec. 2025 was -5.06%.

Bass Oil (ASX:BAS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Bass Oil ROCE % Related Terms

Bass Oil ROCE % Historical Data

* Premium members only.

The historical data trend for Bass Oil's ROCE % 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.

Bass Oil ROCE % Chart

Bass Oil Annual Data

Trend

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-19.50

9.52

6.86

-2.20

-3.08

Bass Oil Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															14.43	-2.24	-2.12	0.30	-5.06

Bass Oil ROCE % Calculation

Bass Oil's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	-0.484	/	( ( (18.287 - 2.695)	+	(17.577 - 1.759) )	/ 2 )
	=	-0.484	/	( (15.592	+	15.818)	/ 2 )
	=	-0.484	/	15.705
	=	-3.08 %

Bass Oil's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	-1.028	/	( ( (27.891 - 3.109)	+	(17.577 - 1.759) )	/ 2 )
	=	-1.028	/	( ( 24.782	+	15.818 )	/ 2 )
	=	-1.028	/	20.3
	=	-5.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -5.06% mean?

Bass Oil (ASX:BAS) has a ROCE % of -5.06% as of Dec. 2025.

Is Bass Oil's ROCE % too high?

Bass Oil's current ROCE % is -5.06%.

How does Bass Oil's ROCE % compare to COP and EOG?

Bass Oil's ROCE % of -5.06% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

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

The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bass Oil's current ROCE % is -5.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bass Oil stock overvalued right now?

Based on GuruFocus' analysis, Bass Oil (ASX:BAS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.05 — trading 20% above its estimated fair value. The current ROCE % is -5.06%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Bass Oil (ASX:BAS), the current ROCE % is -5.06% as of Dec. 2025. 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.

Bass Oil Business Description

Industry Energy Oil & Gas

Comparable Companies ASX:FZR ASX:MNE ASX:GRV ASX:ATS ASX:ADX ASX:BRU ASX:HPR ASX:P1E ASX:BLU ASX:OEL HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Address 11-19 Bank Place, Level 5, Melbourne, VIC, AUS, 3000

Website https://www.bassoil.com.au

Bass Oil Ltd is engaged in oil production from owned oil-producing assets in the Cooper Basin, South Australia, and in the Tangai-Sukananti licence in the prolific South Sumatra Basin, Indonesia. It has two geographic segments, Australia and Indonesia, for the exploration, development, and production of oil and gas. The company generates the majority of its revenue from the Australia segment.