Oceana Group (JSE:OCE) ROCE %: 13.06% (As of Mar. 2026)

What is Oceana Group ROCE %?

Oceana Group JSE:OCE -0.16% 79 ROCE % is 13.06% as of Mar. 2026. GuruFocus rates JSE:OCE with a GF Score™ of 79/100 and a GF Value™ of R65.07 (Fairly Valued). The stock has 10 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. Oceana Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.06%.

Oceana Group (JSE:OCE) 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.

Oceana Group ROCE % Related Terms

Oceana Group ROCE % Historical Data

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The historical data trend for Oceana 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.

Oceana Group ROCE % Chart

Oceana Group Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

ROCE %

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12.08

13.01

14.43

15.49

12.05

Oceana Group Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
ROCE %	Get a 7-Day Free Trial															19.04	11.60	12.45	10.94	13.06

79GF Score

Oceana Group Ltd JSE:OCE

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Oceana Group ROCE % Calculation

Oceana Group's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2025 )		(A: Sep. 2024 )		(A: Sep. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2025 )		(A: Sep. 2024 )		(A: Sep. 2025 )
	=	1307	/	( ( (14135 - 3108)	+	(13556 - 2884) )	/ 2 )
	=	1307	/	( (11027	+	10672)	/ 2 )
	=	1307	/	10849.5
	=	12.05 %

Oceana Group's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Sep. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Sep. 2025 )		(Q: Mar. 2026 )
	=	1360	/	( ( (13556 - 2884)	+	(12018 - 1868) )	/ 2 )
	=	1360	/	( ( 10672	+	10150 )	/ 2 )
	=	1360	/	10411
	=	13.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 13.06% mean?

Oceana Group (JSE:OCE) has a ROCE % of 13.06% as of Mar. 2026.

Is Oceana Group's ROCE % too high?

Oceana Group's current ROCE % is 13.06%. The Consumer Packaged Goods industry median ROCE % is 8.74. Oceana Group's value of 13.06% is 49.4% above this industry median. Overall, Oceana Group has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Oceana Group's ROCE % compare to KHC and GIS?

Oceana Group's ROCE % of 13.06% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.74. Oceana Group's value of 13.06% is 49.4% 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 8.74, based on 1,937 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. Oceana Group's current ROCE % of 13.06% is 49.4% 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 8.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceana Group's current ROCE % is 13.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Oceana Group stock overvalued right now?

Based on GuruFocus' analysis, Oceana Group (JSE:OCE) is currently considered Fairly Valued. The stock's GF Value™ is R65.07, compared to a current price of R66.98 — trading 2.9% above its estimated fair value. The current ROCE % is 13.06% and 49.4% above the Consumer Packaged Goods industry median of 8.74. Oceana Group's overall GF Score™ is 79/100 with 10 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 Oceana Group (JSE:OCE), the current ROCE % is 13.06% as of Mar. 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 Oceana Group (JSE:OCE) Overvalued in 2026?

Based on GuruFocus' analysis, Oceana Group stock appears to be overvalued. The current stock price of R66.98 is trading 2.9% above its estimated GF Value™ of R65.07. GuruFocus considers Oceana Group to be Fairly Valued.

Key valuation signals for JSE:OCE:

ROCE %: 13.06%
GF Value™: R65.07 vs. price of R66.98 (2.9% above fair value)
GF Score™: 79/100 with 10 warning signs
Industry Position: 49.4% above the Consumer Packaged Goods median

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

Oceana Group Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies JSE:RCL JSE:RBO JSE:LBR JSE:BRT JSE:AVI XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 SHSE:603288 NSE:NESTLEIND KHC SHSE:600887 SZSE:300999 GIS SGX:F34 LSE:ABF HKSE:00288 MEX:BIMBOA DUB:KRZ

Other Exchanges OCG:Namibia

Address 25 Jan Smuts Street, 9th Floor, Oceana House, Foreshore, Cape Town, WC, ZAF, 8001

Website https://www.oceana.co.za

Oceana Group Ltd is a diversified, international fish and food company engaged in the responsible catching, procuring, processing, marketing and distribution of fish and food products. Its products and services include canned fish (notably pilchards), other canned foods such as tuna, sardines and canned meats, fishmeal and fish oil for the aquaculture, animal feed and pet food industries, as well as wild-caught seafood including horse mackerel, hake, squid and lobster. The Group operates through three main segments: Lucky Star Foods, Fishmeal and Fish Oil, and Wild Caught Seafood, with the majority of its revenue generated from the Lucky Star Foods segment. Geographically, the Group operates in South Africa, Namibia, other parts of Africa, Europe, the Americas and the Far East.

79GF Score

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

R66.98

Price

R65.07

GF Value

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