Ampol (CTXAF) ROCE %: 8.69% (As of Dec. 2025)


CTXAF Ampol Ltd CTXAF
82 GF Score
Price $16.30
GF Value $14.12
! 7 Warning Signs
View Full Analysis

What is Ampol ROCE %?

Ampol CTXAF +12.72% 82 ROCE % is 8.69% as of Dec. 2025. GuruFocus rates CTXAF with a GF Score™ of 82/100 and a GF Value™ of $14.12. The stock has 7 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. Ampol's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.69%.

Ampol  (OTCPK:CTXAF) 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.

Ampol ROCE % Related Terms

Ampol ROCE % Historical Data

* Premium members only.

The historical data trend for Ampol'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.

Ampol ROCE % Chart

Ampol Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.78 14.84 12.04 5.99 5.20

Ampol 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.50 11.81 0.63 2.05 8.69
CTXAF
82GF Score
Ampol Ltd CTXAF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ampol ROCE % Calculation

Ampol'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 )
=261.196/( ( (8151.425 - 3189.107) + (8079.601 - 3005.183) )/ 2 )
=261.196/( (4962.318+5074.418)/ 2 )
=261.196/5018.368
=5.20 %

Ampol'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 )
=421.926/( ( (7948.372 - 3309.375) + (8079.601 - 3005.183) )/ 2 )
=421.926/( ( 4638.997 + 5074.418 )/ 2 )
=421.926/4856.7075
=8.69 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 8.69% mean?
Ampol (CTXAF) has a ROCE % of 8.69% as of Dec. 2025.
Is Ampol's ROCE % too high?
Ampol's current ROCE % is 8.69%. The Oil & Gas industry median ROCE % is 6.79. Ampol's value of 8.69% is 28% above this industry median. Overall, Ampol has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Ampol's ROCE % compare to VLO and MPC?
Ampol's ROCE % of 8.69% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Ampol's value of 8.69% is 28% 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. Ampol's current ROCE % of 8.69% is 28% 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. Ampol's current ROCE % is 8.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ampol stock overvalued right now?
Ampol (CTXAF) has a current ROCE % of 8.69%. The stock's GF Value™ is $14.12, compared to a current price of $16.30 — trading 15.4% above its estimated fair value. The current ROCE % is 8.69% and 28% above the Oil & Gas industry median of 6.79. Ampol's overall GF Score™ is 82/100 with 7 warning signs to review. 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 Ampol (CTXAF), the current ROCE % is 8.69% 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.

Is Ampol (CTXAF) Overvalued in 2026?

Based on GuruFocus' analysis, Ampol stock appears to be overvalued. The current stock price of $16.30 is trading 15.4% above its estimated GF Value™ of $14.12.

Key valuation signals for CTXAF:

  • ROCE %: 8.69%
  • GF Value™: $14.12 vs. price of $16.30 (15.4% above fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 28% above the Oil & Gas median

No single metric tells the full story. See the CTXAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ampol Business Description

Industry EnergyOil & Gas
Address 29-33 Bourke Road, Alexandria, Sydney, NSW, AUS, 2015
Ampol (nee Caltex) is the largest and only Australian-listed petroleum refiner and distributor, with operations in all states and territories. It was a major international brand of Chevron's until that 50% owner sold out in 2015. Caltex transitioned to Ampol branding due to Chevron terminating its licence to use the Caltex brand in Australia. Ampol has operated for more than 100 years. It owns and operates a refinery at Lytton in Brisbane, but closed Sydney's Kurnell refinery to focus on the more profitable distribution/retail segment. It successfully completed a NZD 2.0 billion bid for New Zealand peer Z Energy in first-half 2022.
82GF Score

Get the complete analysis for CTXAF

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.30
Price
$14.12
GF Value