PAO Sovcomflot (MIC:FLOT) ROCE %: 20.10% (As of Jun. 2023)


MIC:FLOT PAO Sovcomflot MIC:FLOT
17 GF Score
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What is PAO Sovcomflot ROCE %?

PAO Sovcomflot MIC:FLOT +0.18% 17 ROCE % is 20.10% as of Jun. 2023. GuruFocus rates MIC:FLOT 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. PAO Sovcomflot's annualized ROCE % for the quarter that ended in Jun. 2023 was 20.10%.

PAO Sovcomflot  (MIC:FLOT) 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.

PAO Sovcomflot ROCE % Related Terms

PAO Sovcomflot ROCE % Historical Data

* Premium members only.

The historical data trend for PAO Sovcomflot'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.

PAO Sovcomflot ROCE % Chart

PAO Sovcomflot Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only 1.35 2.94 6.55 7.62 3.31

PAO Sovcomflot Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun23
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 11.00 4.03 3.48 3.18 20.10
MIC:FLOT
17GF Score
PAO Sovcomflot MIC:FLOT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PAO Sovcomflot ROCE % Calculation

PAO Sovcomflot'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 )
=17090.371/( ( (577030.354 - 44579.957) + (541488.169 - 42457.173) )/ 2 )
=17090.371/( (532450.397+499030.996)/ 2 )
=17090.371/515740.6965
=3.31 %

PAO Sovcomflot's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2021 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2021 )(Q: Jun. 2023 )
=98405.608/( ( (541488.169 - 42457.173) + (551592.012 - 71552.044) )/ 2 )
=98405.608/( ( 499030.996 + 480039.968 )/ 2 )
=98405.608/489535.482
=20.10 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) 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 20.10% mean?
PAO Sovcomflot (MIC:FLOT) has a ROCE % of 20.10% as of Jun. 2023.
Is PAO Sovcomflot's ROCE % too high?
PAO Sovcomflot's current ROCE % is 20.10%. The Oil & Gas industry median ROCE % is 6.79. PAO Sovcomflot's value of 20.10% is 196% above this industry median. Overall, PAO Sovcomflot has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PAO Sovcomflot's ROCE % compare to EPD and WMB?
PAO Sovcomflot's ROCE % of 20.10% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. PAO Sovcomflot's value of 20.10% is 196% 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. PAO Sovcomflot's current ROCE % of 20.10% is 196% 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. PAO Sovcomflot's current ROCE % is 20.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PAO Sovcomflot stock overvalued right now?
PAO Sovcomflot (MIC:FLOT) has a current ROCE % of 20.10%. The current ROCE % is 20.10% and 196% above the Oil & Gas industry median of 6.79. PAO Sovcomflot'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 PAO Sovcomflot (MIC:FLOT), the current ROCE % is 20.10% as of Jun. 2023. 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.

PAO Sovcomflot Business Description

Industry EnergyOil & Gas
Address 6 Gasheka Street, Moscow, RUS, 125047
PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.
17GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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