EXCE (EXCO Resources) ROCE %: 21.77% (As of Dec. 2018)

What is EXCO Resources ROCE %?

EXCO Resources EXCE ROCE % is 21.77% as of Dec. 2018.

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. EXCO Resources's annualized ROCE % for the quarter that ended in Dec. 2018 was 21.77%.

EXCO Resources (OTCPK:EXCE) 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.

EXCO Resources ROCE % Related Terms

EXCO Resources ROCE % Historical Data

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The historical data trend for EXCO Resources'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.

EXCO Resources ROCE % Chart

EXCO Resources Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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10.65

-81.17

-27.53

0.00

EXCO Resources Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
ROCE %	Get a 7-Day Free Trial															0.00	0.00	13.34	10.78	21.77

EXCO Resources ROCE % Calculation

EXCO Resources's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-153.298	/	( ( (840.347 - 1666.97)	+	(1032.693 - 591.293) )	/ 2 )
	=	-153.298	/	( (-826.623	+	441.4)	/ 2 )
	=	-153.298	/	-192.6115
	=	79.59 %

EXCO Resources's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2018 )		(Q: Sep. 2018 )		(Q: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2018 )		(Q: Sep. 2018 )		(Q: Dec. 2018 )
	=	99.44	/	( ( (1044.57 - 572.255)	+	(1032.693 - 591.293) )	/ 2 )
	=	99.44	/	( ( 472.315	+	441.4 )	/ 2 )
	=	99.44	/	456.8575
	=	21.77 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2018) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 21.77% mean?

EXCO Resources (EXCE) has a ROCE % of 21.77% as of Dec. 2018.

Is EXCO Resources' ROCE % too high?

EXCO Resources' current ROCE % is 21.77%. The Oil & Gas industry median ROCE % is 6.82. EXCO Resources' value of 21.77% is 219.2% above this industry median.

How does EXCO Resources' ROCE % compare to UPLC and AXAS?

EXCO Resources' ROCE % of 21.77% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.82. EXCO Resources' value of 21.77% is 219.2% 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 6.82, based on 978 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. EXCO Resources's current ROCE % of 21.77% is 219.2% 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 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EXCO Resources's current ROCE % is 21.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is EXCO Resources stock overvalued right now?

EXCO Resources (EXCE) has a current ROCE % of 21.77%. The current ROCE % is 21.77% and 219.2% above the Oil & Gas industry median of 6.82. 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 EXCO Resources (EXCE), the current ROCE % is 21.77% as of Dec. 2018. 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.

EXCO Resources Business Description

Industry Energy Oil & Gas

Comparable Companies ASX:BLU LSE:JOG LSE:TRIN XBUL:4O1 UPLC AXAS LSE:LEK LSE:GEEC PHS:OV CHAP HKSE:00702 LSE:I3E XTAE:DLRL PHS:OPM LSE:CERP PVL TSXV:CTA TSXV:CWV ISX:ENRG TSX:CR

Address 12377 Merit Drive, Suite 1700, Dallas, TX, USA, 75251

Website http://www.excoresources.com

EXCO Resources Inc is an oil and gas exploration and production company. Its operations include the exploration, acquisition, development, and production of oil and gas reserves. These activities take place in the company's onshore oilfields within the United States, and focus on shale resource plays. Its fields are located in key oil and gas areas, including Texas, Louisiana, and the Appalachian region. The Louisiana and Texas operations are the most productive fields. The majority of the company's revenue is generated from natural gas, with a smaller portion coming from oil.