Rompetrol Rafinare (BSE:RRC) ROCE %: 26.37% (As of Sep. 2023)

What is Rompetrol Rafinare ROCE %?

Rompetrol Rafinare BSE:RRC -1.80% ROCE % is 26.37% as of Sep. 2023.

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. Rompetrol Rafinare's annualized ROCE % for the quarter that ended in Sep. 2023 was 26.37%.

Rompetrol Rafinare (BSE:RRC) 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.

Rompetrol Rafinare ROCE % Related Terms

Rompetrol Rafinare ROCE % Historical Data

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The historical data trend for Rompetrol Rafinare'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.

Rompetrol Rafinare ROCE % Chart

Rompetrol Rafinare Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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0.85

0.88

-14.02

-11.55

34.47

Rompetrol Rafinare Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															67.08	39.04	32.45	-14.05	26.37

Rompetrol Rafinare ROCE % Calculation

Rompetrol Rafinare's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	1364.584	/	( ( (11586.672 - 7423.645)	+	(10827.777 - 7074.099) )	/ 2 )
	=	1364.584	/	( (4163.027	+	3753.678)	/ 2 )
	=	1364.584	/	3958.3525
	=	34.47 %

Rompetrol Rafinare's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	1424.736	/	( ( (12414.688 - 7125.274)	+	(12964.682 - 7448.836) )	/ 2 )
	=	1424.736	/	( ( 5289.414	+	5515.846 )	/ 2 )
	=	1424.736	/	5402.63
	=	26.37 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 26.37% mean?

Rompetrol Rafinare (BSE:RRC) has a ROCE % of 26.37% as of Sep. 2023.

Is Rompetrol Rafinare's ROCE % too high?

Rompetrol Rafinare's current ROCE % is 26.37%. The Oil & Gas industry median ROCE % is 6.79. Rompetrol Rafinare's value of 26.37% is 288.4% above this industry median.

How does Rompetrol Rafinare's ROCE % compare to MPC and PSX?

Rompetrol Rafinare's ROCE % of 26.37% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Rompetrol Rafinare's value of 26.37% is 288.4% 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. Rompetrol Rafinare's current ROCE % of 26.37% is 288.4% 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. Rompetrol Rafinare's current ROCE % is 26.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Rompetrol Rafinare stock overvalued right now?

Rompetrol Rafinare (BSE:RRC) has a current ROCE % of 26.37%. The current ROCE % is 26.37% and 288.4% 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 Rompetrol Rafinare (BSE:RRC), the current ROCE % is 26.37% as of Sep. 2023. 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.

Rompetrol Rafinare Business Description

Industry Energy Oil & Gas

Comparable Companies OSL:SOGN OSL:NISB OSL:HSPG OSL:NBX NSE:RELIANCE MPC PSX VLO OHEL:NESTE TPE:6505 XKAZ:KMGZ NSE:IOC TSE:5020 DINO IST:TUPRS XKRX:096770 BOM:500547 HKSE:00135 IEP TSE:5019

Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700

Website http://www.rompetrol-rafinare.ro

Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.