LNG Energy Group (FRA:E26) ROCE %: 0.66% (As of Sep. 2024)


What is LNG Energy Group ROCE %?

LNG Energy Group FRA:E26 ROCE % is 0.66% as of Sep. 2024.

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. LNG Energy Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.66%.

LNG Energy Group  (FRA:E26) 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.

LNG Energy Group ROCE % Related Terms

LNG Energy Group ROCE % Historical Data

* Premium members only.

The historical data trend for LNG Energy Group'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.

LNG Energy Group ROCE % Chart

LNG Energy Group Annual Data
Trend May22 May23
ROCE %
-141.65 -21.38

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
ROCE % Get a 7-Day Free Trial -74.52 -30.51 -16.93 -3.14 0.66

LNG Energy Group ROCE % Calculation

LNG Energy Group's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=-1.098/( ( (6.72 - 1.411) + (5.135 - 0.173) )/ 2 )
=-1.098/( (5.309+4.962)/ 2 )
=-1.098/5.1355
=-21.38 %

LNG Energy Group's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=0.748/( ( (196.717 - 76.505) + (183.137 - 78.208) )/ 2 )
=0.748/( ( 120.212 + 104.929 )/ 2 )
=0.748/112.5705
=0.66 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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 0.66% mean?
LNG Energy Group (FRA:E26) has a ROCE % of 0.66% as of Sep. 2024.
Is LNG Energy Group's ROCE % too high?
LNG Energy Group's current ROCE % is 0.66%. The Oil & Gas industry median ROCE % is 6.79. LNG Energy Group's value of 0.66% is 90.3% below this industry median.
How does LNG Energy Group's ROCE % compare to ALTX and CRCE?
LNG Energy Group's ROCE % of 0.66% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. LNG Energy Group's value of 0.66% is 90.3% below 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. LNG Energy Group's current ROCE % of 0.66% is 90.3% below 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. LNG Energy Group's current ROCE % is 0.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (FRA:E26) has a current ROCE % of 0.66%. The current ROCE % is 0.66% and 90.3% below 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 LNG Energy Group (FRA:E26), the current ROCE % is 0.66% as of Sep. 2024. 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.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.