Caza Oil & Gas (FRA:COJ) ROCE %: 172.34% (As of Dec. 2015)


What is Caza Oil & Gas ROCE %?

Caza Oil & Gas FRA:COJ ROCE % is 172.34% as of Dec. 2015. The stock has 3 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. Caza Oil & Gas's annualized ROCE % for the quarter that ended in Dec. 2015 was 172.34%.

Caza Oil & Gas  (FRA:COJ) 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.

Caza Oil & Gas ROCE % Related Terms

Caza Oil & Gas ROCE % Historical Data

* Premium members only.

The historical data trend for Caza Oil & Gas'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.

Caza Oil & Gas ROCE % Chart

Caza Oil & Gas Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.04 -33.02 -14.15 -4.67 1.75

Caza Oil & Gas Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 32.96 1.25 -17.75 -266.28 172.34

Caza Oil & Gas ROCE % Calculation

Caza Oil & Gas's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=0.809/( ( (78.639 - 51.993) + (71.383 - 5.311) )/ 2 )
=0.809/( (26.646+66.072)/ 2 )
=0.809/46.359
=1.75 %

Caza Oil & Gas's ROCE % of for the quarter that ended in Dec. 2015 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2015 )  (Q: Sep. 2015 )(Q: Dec. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2015 )  (Q: Sep. 2015 )(Q: Dec. 2015 )
=68.2/( ( (56.907 - 43.835) + (71.383 - 5.311) )/ 2 )
=68.2/( ( 13.072 + 66.072 )/ 2 )
=68.2/39.572
=172.34 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2015) 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 172.34% mean?
Caza Oil & Gas (FRA:COJ) has a ROCE % of 172.34% as of Dec. 2015.
Is Caza Oil & Gas' ROCE % too high?
Caza Oil & Gas' current ROCE % is 172.34%. The Oil & Gas industry median ROCE % is 6.85. Caza Oil & Gas' value of 172.34% is 2415.9% above this industry median.
How does Caza Oil & Gas' ROCE % compare to EXCE and UPLC?
Caza Oil & Gas' ROCE % of 172.34% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.85. Caza Oil & Gas' value of 172.34% is 2415.9% 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 6.85, based on 981 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. Caza Oil & Gas's current ROCE % of 172.34% is 2415.9% 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 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caza Oil & Gas's current ROCE % is 172.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caza Oil & Gas stock overvalued right now?
Caza Oil & Gas (FRA:COJ) has a current ROCE % of 172.34%. The current ROCE % is 172.34% and 2415.9% above the Oil & Gas industry median of 6.85. 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 Caza Oil & Gas (FRA:COJ), the current ROCE % is 172.34% as of Dec. 2015. 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.

Caza Oil & Gas Business Description

Industry EnergyOil & Gas
Caza Oil & Gas Inc is engaged in the exploration for and the development, production, and acquisition of, petroleum and natural gas reserves. The company primarily focuses on the Permian Basin of Southeast New Mexico and West Texas. Its exploration properties include Gramma Ridge, Gateway, Marathon Road, East Marathon Road, Lennox, Forehand Ranch, Forehand Ranch South, Jazzmaster, and others.