The Okomu Oil Palm Co (NSA:OKMO) ROCE % : 55.37% (As of Dec. 2024)

View and export this data going back to 1991. Start your Free Trial

What is The Okomu Oil Palm Co ROCE %?

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. The Okomu Oil Palm Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 55.37%.

The Okomu Oil Palm Co ROCE % Historical Data

The historical data trend for The Okomu Oil Palm Co'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.

* Premium members only.

The Okomu Oil Palm Co ROCE % Chart

The Okomu Oil Palm Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

21.73

32.01

42.58

51.83

64.45

The Okomu Oil Palm Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															22.15	115.39	30.37	57.87	55.37

The Okomu Oil Palm Co ROCE % Calculation

The Okomu Oil Palm Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	53367.715	/	( ( (95100.383 - 23117.23)	+	(121228.916 - 27595.236) )	/ 2 )
	=	53367.715	/	( (71983.153	+	93633.68)	/ 2 )
	=	53367.715	/	82808.4165
	=	64.45 %

The Okomu Oil Palm Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	48177.232	/	( ( (112292.365 - 31905.981)	+	(121228.916 - 27595.236) )	/ 2 )
	=	48177.232	/	( ( 80386.384	+	93633.68 )	/ 2 )
	=	48177.232	/	87010.032
	=	55.37 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

The Okomu Oil Palm Co (NSA:OKMO) 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.

The Okomu Oil Palm Co ROCE % Related Terms

Thank you for viewing the detailed overview of The Okomu Oil Palm Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Okomu Oil Palm Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Okomu Oil Palm Co PLC (NSA:OKMO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Okomu-Udo, Ovia South West LGA, P.M.B, Benin, NGA, 1449

Website

https://www.okomunigeria.com

The Okomu Oil Palm Co PLC engages in the cultivation of oil palm and rubber in Nigeria. The company has three reportable segments; the Palm Plantation segment, which produces fresh fruit bunches, crude palm oil, and crude palm kernel; the Rubber Plantation segment, which produces latex and rubber cake; and the Palm Processing segment, which renders palm processing from the company's mill processing equipment. The company processes fresh fruit bunches into crude palm oil for resale, and rubber lumps to rubber cake for export. The company generates maximum revenue from Palm oil products and Rubber products.

The Okomu Oil Palm Co Headlines

No Headlines