Tatneft PJSC (LSE:ATAD) ROCE %: 39.47% (As of Jun. 2022)


LSE:ATAD Tatneft PJSC LSE:ATAD
17 GF Score
Price $2.35
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What is Tatneft PJSC ROCE %?

Tatneft PJSC LSE:ATAD 17 ROCE % is 39.47% as of Jun. 2022. GuruFocus rates LSE:ATAD with a GF Score™ of 17/100.

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. Tatneft PJSC's annualized ROCE % for the quarter that ended in Jun. 2022 was 39.47%.

Tatneft PJSC  (LSE:ATAD) 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.

Tatneft PJSC ROCE % Related Terms

Tatneft PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Tatneft PJSC'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.

Tatneft PJSC ROCE % Chart

Tatneft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.02 31.67 32.63 14.99 26.46

Tatneft PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 13.63 17.61 24.73 27.79 39.47
LSE:ATAD
17GF Score
Tatneft PJSC LSE:ATAD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tatneft PJSC ROCE % Calculation

Tatneft PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=3658.335/( ( (16953.932 - 3911.744) + (20319.051 - 5709.258) )/ 2 )
=3658.335/( (13042.188+14609.793)/ 2 )
=3658.335/13825.9905
=26.46 %

Tatneft PJSC's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2022 )  (Q: Dec. 2021 )(Q: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2022 )  (Q: Dec. 2021 )(Q: Jun. 2022 )
=6561.084/( ( (20319.051 - 5709.258) + (25945.362 - 7313.242) )/ 2 )
=6561.084/( ( 14609.793 + 18632.12 )/ 2 )
=6561.084/16620.9565
=39.47 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2022) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 39.47% mean?
Tatneft PJSC (LSE:ATAD) has a ROCE % of 39.47% as of Jun. 2022.
Is Tatneft PJSC's ROCE % too high?
Tatneft PJSC's current ROCE % is 39.47%. The Oil & Gas industry median ROCE % is 6.79. Tatneft PJSC's value of 39.47% is 481.3% above this industry median. Overall, Tatneft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Tatneft PJSC's ROCE % compare to XOM and CVX?
Tatneft PJSC's ROCE % of 39.47% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Tatneft PJSC's value of 39.47% is 481.3% 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. Tatneft PJSC's current ROCE % of 39.47% is 481.3% 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. Tatneft PJSC's current ROCE % is 39.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatneft PJSC stock overvalued right now?
Tatneft PJSC (LSE:ATAD) has a current ROCE % of 39.47%. The current ROCE % is 39.47% and 481.3% above the Oil & Gas industry median of 6.79. Tatneft PJSC's overall GF Score™ is 17/100. 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 Tatneft PJSC (LSE:ATAD), the current ROCE % is 39.47% as of Jun. 2022. 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.

Tatneft PJSC Business Description

Industry EnergyOil & Gas
Address 75 Lenin Street, Republic of Tatarstan, Almetyevsk, RUS, 423450
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.
17GF Score

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