Pakistan Petroleum (KAR:PPL) ROCE % : 20.27% (As of Dec. 2024)

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What is Pakistan Petroleum ROCE %?

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. Pakistan Petroleum's annualized ROCE % for the quarter that ended in Dec. 2024 was 20.27%.

Pakistan Petroleum ROCE % Historical Data

The historical data trend for Pakistan Petroleum'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.

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Pakistan Petroleum ROCE % Chart

Pakistan Petroleum Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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18.28

16.18

21.11

29.90

24.41

Pakistan Petroleum Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															24.63	26.26	15.99	21.19	20.27

Pakistan Petroleum ROCE % Calculation

Pakistan Petroleum's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	161876.995	/	( ( (794444.652 - 181132.922)	+	(913040.581 - 200082.582) )	/ 2 )
	=	161876.995	/	( (613311.73	+	712957.999)	/ 2 )
	=	161876.995	/	663134.8645
	=	24.41 %

Pakistan Petroleum's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	150675.24	/	( ( (942014.017 - 203420.991)	+	(946641.056 - 198538.659) )	/ 2 )
	=	150675.24	/	( ( 738593.026	+	748102.397 )	/ 2 )
	=	150675.24	/	743347.7115
	=	20.27 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Pakistan Petroleum (KAR:PPL) 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.

Pakistan Petroleum ROCE % Related Terms

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Pakistan Petroleum Business Description

Industry

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N/A

Address

Dr. Ziauddin Ahmed Road, P.O. Box 3942, 4th Floor, PIDC House, Karachi, SD, PAK, 75530

Website

https://www.ppl.com.pk

Pakistan Petroleum Ltd, or PPL along with its subsidiaries is engaged in conducting exploration, prospecting, development, and production of oil and natural gas resources. The company is organised into one operating segment i.e. exploration, development and production of oil, gas and barytes. It operates several producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani, Adam, Adam West, Shadadpur and Shahdadpur West.