GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pakistan State Oil Co Ltd (KAR:PSO) » Definitions » ROCE %

Pakistan State Oil Co (KAR:PSO) ROCE % : 30.51% (As of Dec. 2024)


View and export this data going back to 1977. Start your Free Trial

What is Pakistan State Oil Co 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 State Oil Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 30.51%.


Pakistan State Oil Co ROCE % Historical Data

The historical data trend for Pakistan State Oil Co'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.

* Premium members only.

Pakistan State Oil Co ROCE % Chart

Pakistan State Oil Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 34.43 82.92 23.98 34.53

Pakistan State Oil Co 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 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 2.51 27.29 11.38 21.56 30.51

Pakistan State Oil Co ROCE % Calculation

Pakistan State Oil Co'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 )
=90831.128/( ( (1067453.807 - 813849.376) + (1063519.173 - 790979.892) )/ 2 )
=90831.128/( (253604.431+272539.281)/ 2 )
=90831.128/263071.856
=34.53 %

Pakistan State Oil Co'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 )
=87055.42/( ( (1034458.247 - 751441.14) + (1134421.407 - 846744.749) )/ 2 )
=87055.42/( ( 283017.107 + 287676.658 )/ 2 )
=87055.42/285346.8825
=30.51 %

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


Pakistan State Oil Co  (KAR:PSO) 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 State Oil Co ROCE % Related Terms

Thank you for viewing the detailed overview of Pakistan State Oil Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pakistan State Oil Co Business Description

Traded in Other Exchanges
N/A
Address
PSO House, Khayaban-e-Iqbal, Clifton, Karachi, SD, PAK, 75600
Pakistan State Oil Co Ltd is engaged in the procurement, storage, and marketing of petroleum and related products. It also blends and markets lubricating oils. It comprises three reportable segments namely Petroleum products, Liquefied Natural Gas (LNG) and Others. The majority of the company's revenues are derived from the petroleum products segment.