HEOL (Highwater Ethanol LLC) ROCE %: 41.10% (As of Apr. 2026)

What is Highwater Ethanol LLC ROCE %?

Highwater Ethanol LLC HEOL +5.32% 32 ROCE % is 41.10% as of Apr. 2026. GuruFocus rates HEOL with a GF Score™ of 32/100 and a GF Value™ of $11,817.74. 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. Highwater Ethanol LLC's annualized ROCE % for the quarter that ended in Apr. 2026 was 41.10%.

Highwater Ethanol LLC (OTCPK:HEOL) 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.

Highwater Ethanol LLC ROCE % Related Terms

Highwater Ethanol LLC ROCE % Historical Data

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The historical data trend for Highwater Ethanol LLC'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.

Highwater Ethanol LLC ROCE % Chart

Highwater Ethanol LLC Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

ROCE %

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22.63

46.57

21.24

8.40

22.25

Highwater Ethanol LLC Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
ROCE %	Get a 7-Day Free Trial															-2.77	11.07	85.67	29.14	41.10

32GF Score

Highwater Ethanol LLC HEOL

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Highwater Ethanol LLC ROCE % Calculation

Highwater Ethanol LLC's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2025 )		(A: Oct. 2024 )		(A: Oct. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2025 )		(A: Oct. 2024 )		(A: Oct. 2025 )
	=	16.539	/	( ( (88.702 - 18.415)	+	(89.938 - 11.571) )	/ 2 )
	=	16.539	/	( (70.287	+	78.367)	/ 2 )
	=	16.539	/	74.327
	=	22.25 %

Highwater Ethanol LLC's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2026 )		(Q: Jan. 2026 )		(Q: Apr. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2026 )		(Q: Jan. 2026 )		(Q: Apr. 2026 )
	=	33.46	/	( ( (87.401 - 10.114)	+	(93.942 - 8.398) )	/ 2 )
	=	33.46	/	( ( 77.287	+	85.544 )	/ 2 )
	=	33.46	/	81.4155
	=	41.10 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 41.10% mean?

Highwater Ethanol LLC (HEOL) has a ROCE % of 41.10% as of Apr. 2026.

Is Highwater Ethanol LLC's ROCE % too high?

Highwater Ethanol LLC's current ROCE % is 41.10%. The Oil & Gas industry median ROCE % is 6.79. Highwater Ethanol LLC's value of 41.10% is 505.3% above this industry median. Overall, Highwater Ethanol LLC has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.

How does Highwater Ethanol LLC's ROCE % compare to BDCO and DLXY?

Highwater Ethanol LLC's ROCE % of 41.10% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Highwater Ethanol LLC's value of 41.10% is 505.3% 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. Highwater Ethanol LLC's current ROCE % of 41.10% is 505.3% 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. Highwater Ethanol LLC's current ROCE % is 41.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Highwater Ethanol LLC stock overvalued right now?

Highwater Ethanol LLC (HEOL) has a current ROCE % of 41.10%. The stock's GF Value™ is $11,817.74, compared to a current price of $14,005.00 — trading 18.5% above its estimated fair value. The current ROCE % is 41.10% and 505.3% above the Oil & Gas industry median of 6.79. Highwater Ethanol LLC's overall GF Score™ is 32/100 with 3 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 Highwater Ethanol LLC (HEOL), the current ROCE % is 41.10% as of Apr. 2026. 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 Highwater Ethanol LLC (HEOL) Overvalued in 2026?

Based on GuruFocus' analysis, Highwater Ethanol LLC stock appears to be overvalued. The current stock price of $14,005.00 is trading 18.5% above its estimated GF Value™ of $11,817.74.

Key valuation signals for HEOL:

ROCE %: 41.10%
GF Value™: $11,817.74 vs. price of $14,005.00 (18.5% above fair value)
GF Score™: 32/100 with 3 warning signs
Industry Position: 505.3% above the Oil & Gas median

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

Highwater Ethanol LLC Business Description

Industry Energy Oil & Gas

Comparable Companies BDCO DLXY FGPR NSE:RELIANCE VLO PSX MPC XKAZ:KMGZ TSE:5020 OHEL:NESTE NSE:IOC TPE:6505 BOM:500547 SUN XKRX:096770 XKRX:267250 TSE:5019 DINO IST:TUPRS BUD:MOL

Address 24500 US Highway 14, PO Box 96, Lamberton, MN, USA, 56152

Website http://www.highwaterethanol.com

Highwater Ethanol LLC is engaged in the production of ethanol and distillers grains at the plant. It focuses on the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process. Its products include fuel-grade ethanol, distillers grains, and corn oil. The company produces and sells fuel ethanol and co-products of the fuel ethanol production process in the continental United States.

32GF Score

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$14,005.00

Price

$11,817.74

GF Value

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