Sirius Petroleum (LSE:SRSP) ROCE %: -53.18% (As of Jun. 2018)

What is Sirius Petroleum ROCE %?

Sirius Petroleum LSE:SRSP ROCE % is -53.18% as of Jun. 2018. 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. Sirius Petroleum's annualized ROCE % for the quarter that ended in Jun. 2018 was -53.18%.

Sirius Petroleum (LSE:SRSP) 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.

Sirius Petroleum ROCE % Related Terms

Sirius Petroleum ROCE % Historical Data

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The historical data trend for Sirius 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.

Sirius Petroleum ROCE % Chart

Sirius Petroleum Annual Data

Trend

Jul08

Jul09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

ROCE %

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0.00

-3,742.37

-35.38

Sirius Petroleum Semi-Annual Data
	Jan08	Jul08	Jan09	Jul09	Jan10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
ROCE %	Get a 7-Day Free Trial															0.00	-7,517.24	-227.36	-34.62	-53.18

Sirius Petroleum ROCE % Calculation

Sirius Petroleum's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	-1.602	/	( ( (4.532 - 4.443)	+	(13.871 - 4.903) )	/ 2 )
	=	-1.602	/	( (0.089	+	8.968)	/ 2 )
	=	-1.602	/	4.5285
	=	-35.38 %

Sirius Petroleum's ROCE % of for the quarter that ended in Jun. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2018 )		(Q: Dec. 2017 )		(Q: Jun. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2018 )		(Q: Dec. 2017 )		(Q: Jun. 2018 )
	=	-4.516	/	( ( (13.871 - 4.903)	+	(16.185 - 8.17) )	/ 2 )
	=	-4.516	/	( ( 8.968	+	8.015 )	/ 2 )
	=	-4.516	/	8.4915
	=	-53.18 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2018) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -53.18% mean?

Sirius Petroleum (LSE:SRSP) has a ROCE % of -53.18% as of Jun. 2018.

Is Sirius Petroleum's ROCE % too high?

Sirius Petroleum's current ROCE % is -53.18%.

How does Sirius Petroleum's ROCE % compare to WHZT and GSPE?

Sirius Petroleum's ROCE % of -53.18% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. 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. 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. Sirius Petroleum's current ROCE % is -53.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Sirius Petroleum stock overvalued right now?

Sirius Petroleum (LSE:SRSP) has a current ROCE % of -53.18%. The current ROCE % is -53.18%. 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 Sirius Petroleum (LSE:SRSP), the current ROCE % is -53.18% as of Jun. 2018. 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.

Sirius Petroleum Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:CAB PHS:OV TSX:PRQ WHZT TSXV:ROE TSX:PPR PHS:OPM WAR:SEN TSXV:AFE LSE:CERP OSL:PEN TSXV:SOG LSE:AST TSXV:POE ASX:STX TSX:CDH LSE:CORO GSPE ASX:CUE TSXV:PQE

Address 25 Bury Street, 1st Floor, London, GBR, SW1Y 6AL

Website http://www.siriuspetroleum.com

Sirius Petroleum PLC is an independent oil development company. It focuses on opportunities in the oil and gas sector with particular emphasis in Nigeria. The company acquires and develops offshore proven oil discoveries in Nigeria that have beneficial indigenous tax regimes. The company has only one operating segment: Oil Extraction and Related Activities.