LEKOF (Fenikso) ROCE %: 13.59% (As of Jun. 2025)

What is Fenikso ROCE %?

Fenikso LEKOF ROCE % is 13.59% as of Jun. 2025. The stock has 1 warning sign 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. Fenikso's annualized ROCE % for the quarter that ended in Jun. 2025 was 13.59%.

Fenikso (OTCPK:LEKOF) 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.

Fenikso ROCE % Related Terms

Fenikso ROCE % Historical Data

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The historical data trend for Fenikso'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.

Fenikso ROCE % Chart

Fenikso Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-7.40

-129.41

-1.90

0.61

3.62

Fenikso Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25
ROCE %	Get a 7-Day Free Trial															-1.67	2.94	-0.99	8.35	13.59

Fenikso ROCE % Calculation

Fenikso's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	0.913	/	( ( (29.19 - 3.488)	+	(28.609 - 3.862) )	/ 2 )
	=	0.913	/	( (25.702	+	24.747)	/ 2 )
	=	0.913	/	25.2245
	=	3.62 %

Fenikso's ROCE % of for the quarter that ended in Jun. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2025 )		(Q: Dec. 2024 )		(Q: Jun. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2025 )		(Q: Dec. 2024 )		(Q: Jun. 2025 )
	=	3.16	/	( ( (28.609 - 3.862)	+	(24.546 - 2.791) )	/ 2 )
	=	3.16	/	( ( 24.747	+	21.755 )	/ 2 )
	=	3.16	/	23.251
	=	13.59 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 13.59% mean?

Fenikso (LEKOF) has a ROCE % of 13.59% as of Jun. 2025.

Is Fenikso's ROCE % too high?

Fenikso's current ROCE % is 13.59%. The Oil & Gas industry median ROCE % is 6.79. Fenikso's value of 13.59% is 100.1% above this industry median.

How does Fenikso's ROCE % compare to COP and EOG?

Fenikso's ROCE % of 13.59% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Fenikso's value of 13.59% is 100.1% 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. Fenikso's current ROCE % of 13.59% is 100.1% 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. Fenikso's current ROCE % is 13.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Fenikso stock overvalued right now?

Fenikso (LEKOF) has a current ROCE % of 13.59%. The current ROCE % is 13.59% and 100.1% above 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 Fenikso (LEKOF), the current ROCE % is 13.59% as of Jun. 2025. 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.

Fenikso Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:TRP LSE:UOG LSE:GEO LSE:DELT LSE:SNDA LSE:CAD LSE:UJO LSE:WTE LSE:ORCA LSE:SOU HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Other Exchanges FNK:UK L5K:Germany

Address C/O Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman, CYM, KY1-9008

Website https://www.feniksoplc.com

Fenikso Ltd is functional in the upstream oil and gas industry in Nigeria. The company earns its income from proceeds of oil sales at Otakikpo field in Nigeria.