OMVKY (OMV AG) ROCE % : 10.28% (As of Sep. 2024)

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What is OMV AG 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. OMV AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.28%.

OMV AG ROCE % Historical Data

The historical data trend for OMV AG'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.

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OMV AG ROCE % Chart

OMV AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.76

3.49

12.93

26.46

12.36

OMV AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															14.22	11.87	13.19	12.00	10.28

OMV AG ROCE % Calculation

OMV AG's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	5474.373	/	( ( (60236.229 - 15495.763)	+	(55248.637 - 11415.485) )	/ 2 )
	=	5474.373	/	( (44740.466	+	43833.152)	/ 2 )
	=	5474.373	/	44286.809
	=	12.36 %

OMV AG's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	4381.8	/	( ( (51655.544 - 9814.855)	+	(53527.192 - 10122.087) )	/ 2 )
	=	4381.8	/	( ( 41840.689	+	43405.105 )	/ 2 )
	=	4381.8	/	42622.897
	=	10.28 %

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

OMV AG (OTCPK:OMVKY) 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.

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OMV AG Business Description

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OMVJF:USA OMVv:UK 0MKH:UK OMV:Germany OMV:Czech Republic OMV:Austria

Address

Trabrennstrasse 6 - 8, Vienna, AUT, 1020

Website

https://www.omv.com

OMV AG is an international, integrated oil and gas company that operates in the Energy, Fuels and Feedstock, and Chemicals & Materials segments. The company has exploration and production assets in a multitude of countries in Europe, Asia, and Africa. The Energy segment engages in the business of oil and gas exploration, development and production. The Fuels and Feedstock segment which generates key revenue, refines and markets crude oil and other feedstock. The Chemicals & Materials (C&M) segment provides circular polyolefin solutions and base chemicals, fertilizers, and plastics recycling. Geographically, the company generates a majority of its revenue from Austria and the rest from its operations in Germany, Romania, Norway, and other regions.