Saratov Oil Refinery PJSC (MIC:KRKN) ROCE %: -4.32% (As of Sep. 2023)

What is Saratov Oil Refinery PJSC ROCE %?

Saratov Oil Refinery PJSC MIC:KRKN -1.99% 17 ROCE % is -4.32% as of Sep. 2023. GuruFocus rates MIC:KRKN 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. Saratov Oil Refinery PJSC's annualized ROCE % for the quarter that ended in Sep. 2023 was -4.32%.

Saratov Oil Refinery PJSC (MIC:KRKN) 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.

Saratov Oil Refinery PJSC ROCE % Related Terms

Saratov Oil Refinery PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Saratov Oil Refinery 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.

Saratov Oil Refinery PJSC ROCE % Chart

Saratov Oil Refinery PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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14.52

13.27

16.74

18.22

10.61

Saratov Oil Refinery PJSC Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Sep22	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															25.70	23.84	7.95	0.00	-4.32

17GF Score

Saratov Oil Refinery PJSC MIC:KRKN

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Saratov Oil Refinery PJSC ROCE % Calculation

Saratov Oil Refinery PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	3596.921	/	( ( (36402.788 - 3653.76)	+	(40150.939 - 5097.36) )	/ 2 )
	=	3596.921	/	( (32749.028	+	35053.579)	/ 2 )
	=	3596.921	/	33901.3035
	=	10.61 %

Saratov Oil Refinery PJSC's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-1920.9	/	( ( (50647.657 - 5926.309)	+	(47527.147 - 3219.397) )	/ 2 )
	=	-1920.9	/	( ( 44721.348	+	44307.75 )	/ 2 )
	=	-1920.9	/	44514.549
	=	-4.32 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -4.32% mean?

Saratov Oil Refinery PJSC (MIC:KRKN) has a ROCE % of -4.32% as of Sep. 2023.

Is Saratov Oil Refinery PJSC's ROCE % too high?

Saratov Oil Refinery PJSC's current ROCE % is -4.32%. Overall, Saratov Oil Refinery PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does Saratov Oil Refinery PJSC's ROCE % compare to MPC and PSX?

Saratov Oil Refinery PJSC's ROCE % of -4.32% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.86. 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 6.86, based on 978 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 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saratov Oil Refinery PJSC's current ROCE % is -4.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Saratov Oil Refinery PJSC stock overvalued right now?

Saratov Oil Refinery PJSC (MIC:KRKN) has a current ROCE % of -4.32%. The current ROCE % is -4.32%. Saratov Oil Refinery 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 Saratov Oil Refinery PJSC (MIC:KRKN), the current ROCE % is -4.32% as of Sep. 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.

Saratov Oil Refinery PJSC Business Description

Industry Energy Oil & Gas

Comparable Companies MIC:JNOS NSE:RELIANCE MPC PSX VLO OHEL:NESTE TPE:6505 XKAZ:KMGZ NSE:IOC TSE:5020 DINO IST:TUPRS XKRX:096770 BOM:500547 HKSE:00135 IEP TSE:5019 BKK:OR XKRX:010950 BSP:CSAN3

Address Bryanskaya street 1, Saratov, RUS, 410022

Website http://www.saratovoil-npz.ru

Saratov Oil Refinery PJSC is engaged in the refining of crude oil. The company also manufactures petrochemical products in Russia at Angarsk polymer plant, which specializes in the production of ethylene, propylene and polyethylene.

17GF Score

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