Nighthawk Energy (LSE:HAWK) ROCE %: 6.11% (As of Jun. 2017)


What is Nighthawk Energy ROCE %?

Nighthawk Energy LSE:HAWK ROCE % is 6.11% as of Jun. 2017. The stock has 4 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. Nighthawk Energy's annualized ROCE % for the quarter that ended in Jun. 2017 was 6.11%.

Nighthawk Energy  (LSE:HAWK) 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.

Nighthawk Energy ROCE % Related Terms

Nighthawk Energy ROCE % Historical Data

* Premium members only.

The historical data trend for Nighthawk Energy'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.

Nighthawk Energy ROCE % Chart

Nighthawk Energy Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec13 Dec14 Dec15 Dec16
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -76.53 24.85 -1.51 -109.50 -54.37

Nighthawk Energy Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 -10.06 -206.48 -5.01 -112.58 6.11

Nighthawk Energy ROCE % Calculation

Nighthawk Energy's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-5.972/( ( (34.55 - 20.956) + (32.054 - 23.682) )/ 2 )
=-5.972/( (13.594+8.372)/ 2 )
=-5.972/10.983
=-54.37 %

Nighthawk Energy's ROCE % of for the quarter that ended in Jun. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2017 )  (Q: Dec. 2016 )(Q: Jun. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2017 )  (Q: Dec. 2016 )(Q: Jun. 2017 )
=0.498/( ( (32.054 - 23.682) + (29.721 - 21.782) )/ 2 )
=0.498/( ( 8.372 + 7.939 )/ 2 )
=0.498/8.1555
=6.11 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2017) 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 6.11% mean?
Nighthawk Energy (LSE:HAWK) has a ROCE % of 6.11% as of Jun. 2017.
Is Nighthawk Energy's ROCE % too high?
Nighthawk Energy's current ROCE % is 6.11%. The Oil & Gas industry median ROCE % is 6.88. Nighthawk Energy's value of 6.11% is 11.2% below this industry median.
How does Nighthawk Energy's ROCE % compare to FPPP and UNGS?
Nighthawk Energy's ROCE % of 6.11% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.88. Nighthawk Energy's value of 6.11% is 11.2% below 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 6.88, based on 976 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. Nighthawk Energy's current ROCE % of 6.11% is 11.2% below 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 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nighthawk Energy's current ROCE % is 6.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nighthawk Energy stock overvalued right now?
Nighthawk Energy (LSE:HAWK) has a current ROCE % of 6.11%. The current ROCE % is 6.11% and 11.2% below the Oil & Gas industry median of 6.88. 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 Nighthawk Energy (LSE:HAWK), the current ROCE % is 6.11% as of Jun. 2017. 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.

Nighthawk Energy Business Description

Industry EnergyOil & Gas
Address One London Wall, 6th Floor, London, GBR, EC2Y 5EB
Nighthawk Energy PLC is an independent exploration and production company that operates in the Eastern Colorado plains. The company through its subsidiaries are focused primarily on the exploration and development of oil-producing assets located in and around Lincoln County, Colorado, United States of America. It has only one operating segment: Production of, Exploration for, and Investment in Hydrocarbons. The company holds a working interest in and is the operator of Smoky Hill and Jolly Ranch projects. Its current projects span approximately 150,000 net acres across Lincoln, Elbert, and Washington Counties, Colorado.