Foraj Sonde Videle (BSE:FOJE) ROCE %: 0.00% (As of . 20)

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What is Foraj Sonde Videle ROCE %?

Foraj Sonde Videle BSE:FOJE +4.14% ROCE % is 0.00% as of . 20.

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. Foraj Sonde Videle's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Foraj Sonde Videle  (BSE:FOJE) 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.

Foraj Sonde Videle ROCE % Related Terms

Foraj Sonde Videle ROCE % Historical Data

* Premium members only.

The historical data trend for Foraj Sonde Videle'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.

Foraj Sonde Videle ROCE % Chart

Foraj Sonde Videle Annual Data
Trend
ROCE %

Foraj Sonde Videle Quarterly Data
ROCE %

Foraj Sonde Videle ROCE % Calculation

Foraj Sonde Videle's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Foraj Sonde Videle's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

* 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 ROCE % →
What does a ROCE % of 0.00% mean?
Foraj Sonde Videle (BSE:FOJE) has a ROCE % of 0.00% as of . 20.
Is Foraj Sonde Videle's ROCE % too high?
Foraj Sonde Videle's current ROCE % is 0.00%.
How does Foraj Sonde Videle's ROCE % compare to TIRTZ and ESES?
Foraj Sonde Videle's ROCE % of 0.00% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.88. 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 6.88, based on 976 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 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foraj Sonde Videle's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foraj Sonde Videle stock overvalued right now?
Foraj Sonde Videle (BSE:FOJE) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Foraj Sonde Videle (BSE:FOJE), the current ROCE % is 0.00% as of . 20. 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.

Foraj Sonde Videle Business Description

Industry EnergyOil & Gas
Address Street Petrolului nr.16, Teleorman, Videle, ROU, 145300
Foraj Sonde SA Videle operates as an onshore drilling company in Romania. The company is involved in the drilling and completion of oil and gas wells, surface works for drilling wells, drilling of shallow wells, and oil extraction, and others.