Emerald Oil Industries (DHA:EMERALDOIL) ROCE %: 10.63% (As of Dec. 2023)


DHA:EMERALDOIL Emerald Oil Industries Ltd DHA:EMERALDOIL
30 GF Score
Price BDT22.40
View Full Analysis

What is Emerald Oil Industries ROCE %?

Emerald Oil Industries DHA:EMERALDOIL +1.82% 30 ROCE % is 10.63% as of Dec. 2023. GuruFocus rates DHA:EMERALDOIL with a GF Score™ of 30/100.

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. Emerald Oil Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.63%.

Emerald Oil Industries  (DHA:EMERALDOIL) 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.

Emerald Oil Industries ROCE % Related Terms

Emerald Oil Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Emerald Oil Industries'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.

Emerald Oil Industries ROCE % Chart

Emerald Oil Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.76 -25.22 -35.89 7.94 20.11

Emerald Oil Industries Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Jun18 Jun19 Jun20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.57 14.22 15.70 114.77 10.63
DHA:EMERALDOIL
30GF Score
Emerald Oil Industries Ltd DHA:EMERALDOIL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emerald Oil Industries ROCE % Calculation

Emerald Oil Industries's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=73.039/( ( (685.838 - 382.292) + (816.938 - 394.162) )/ 2 )
=73.039/( (303.546+422.776)/ 2 )
=73.039/363.161
=20.11 %

Emerald Oil Industries's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=59.864/( ( (906.698 - 350.247) + (855.996 - 285.602) )/ 2 )
=59.864/( ( 556.451 + 570.394 )/ 2 )
=59.864/563.4225
=10.63 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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 10.63% mean?
Emerald Oil Industries (DHA:EMERALDOIL) has a ROCE % of 10.63% as of Dec. 2023.
Is Emerald Oil Industries' ROCE % too high?
Emerald Oil Industries' current ROCE % is 10.63%. The Consumer Packaged Goods industry median ROCE % is 8.78. Emerald Oil Industries' value of 10.63% is 21.1% above this industry median. Overall, Emerald Oil Industries has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Oil Industries' ROCE % compare to KHC and GIS?
Emerald Oil Industries' ROCE % of 10.63% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. Emerald Oil Industries' value of 10.63% is 21.1% 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 a Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,938 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. Emerald Oil Industries's current ROCE % of 10.63% is 21.1% 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 Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Oil Industries's current ROCE % is 10.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Oil Industries stock overvalued right now?
Emerald Oil Industries (DHA:EMERALDOIL) has a current ROCE % of 10.63%. The current ROCE % is 10.63% and 21.1% above the Consumer Packaged Goods industry median of 8.78. Emerald Oil Industries' overall GF Score™ is 30/100. 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 Emerald Oil Industries (DHA:EMERALDOIL), the current ROCE % is 10.63% as of Dec. 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.

Emerald Oil Industries Business Description

Address Halimunnesa's Court (Floor-9), 23, Kakrail, Dhaka, BGD, 1000
Emerald Oil Industries Ltd engages in producing of rice bran oil by processing rice bran collected from local auto rice mills. The company markets its product in its own brand name Spondon Rice Bran Oil. The company offers rice bran oil for use in preparing fried foods, snacks, margarine, salad dressings, baking goods, soaps, and skin creams. The firm also produces various by-products, including De-Oil Rice Bran, Fatty Acid, Wax, Gum and Spent Earth.
30GF Score

Get the complete analysis for DHA:EMERALDOIL

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

BDT22.40
Price