AVACF (Avance Gas Holding) ROCE %: 66.38% (As of Mar. 2025)

What is Avance Gas Holding ROCE %?

Avance Gas Holding AVACF ROCE % is 66.38% as of Mar. 2025.

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. Avance Gas Holding's annualized ROCE % for the quarter that ended in Mar. 2025 was 66.38%.

Avance Gas Holding (OTCPK:AVACF) 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.

Avance Gas Holding ROCE % Related Terms

Avance Gas Holding ROCE % Historical Data

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The historical data trend for Avance Gas Holding'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.

Avance Gas Holding ROCE % Chart

Avance Gas Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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10.95

5.50

11.14

18.05

61.65

Avance Gas Holding Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															56.28	23.46	14.69	157.08	66.38

Avance Gas Holding ROCE % Calculation

Avance Gas Holding's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	466.131	/	( ( (1153.585 - 95.357)	+	(457.358 - 3.435) )	/ 2 )
	=	466.131	/	( (1058.228	+	453.923)	/ 2 )
	=	466.131	/	756.0755
	=	61.65 %

Avance Gas Holding's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	170.788	/	( ( (457.358 - 3.435)	+	(61.342 - 0.654) )	/ 2 )
	=	170.788	/	( ( 453.923	+	60.688 )	/ 2 )
	=	170.788	/	257.3055
	=	66.38 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 66.38% mean?

Avance Gas Holding (AVACF) has a ROCE % of 66.38% as of Mar. 2025.

Is Avance Gas Holding's ROCE % too high?

Avance Gas Holding's current ROCE % is 66.38%. The Oil & Gas industry median ROCE % is 6.79. Avance Gas Holding's value of 66.38% is 877.6% above this industry median.

How does Avance Gas Holding's ROCE % compare to FOMI and WMB?

Avance Gas Holding's ROCE % of 66.38% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Avance Gas Holding's value of 66.38% is 877.6% 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 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. Avance Gas Holding's current ROCE % of 66.38% is 877.6% 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 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. Avance Gas Holding's current ROCE % is 66.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Avance Gas Holding stock overvalued right now?

Avance Gas Holding (AVACF) has a current ROCE % of 66.38%. The current ROCE % is 66.38% and 877.6% above the Oil & Gas industry median of 6.79. 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 Avance Gas Holding (AVACF), the current ROCE % is 66.38% as of Mar. 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.

Avance Gas Holding Business Description

Industry Energy Oil & Gas

Comparable Companies FOMI TSX:ENB WMB EPD KMI ET TSX:TRP MPLX OKE LNG TRGP CQP VG TSX:PPL WES PAA SHSE:601872 DTM HKSE:01138 TSX:ALA

Address 14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08

Website https://www.avancegas.com

Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading from the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment, which is liquefied petroleum gas.