Saudi Arabian Oil Co (SAU:2222) ROCE %: 40.64% (As of Mar. 2026)

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SAU:2222 Saudi Arabian Oil Co SAU:2222
82 GF Score
Price ﷼26.68
GF Value ﷼27.01
Valuation Fairly Valued
! 5 Warning Signs
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What is Saudi Arabian Oil Co ROCE %?

Saudi Arabian Oil Co SAU:2222 +0.15% 82 ROCE % is 40.64% as of Mar. 2026. GuruFocus rates SAU:2222 with a GF Score™ of 82/100 and a GF Value™ of ﷼27.01 (Fairly Valued). The stock has 5 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. Saudi Arabian Oil Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 40.64%.

Saudi Arabian Oil Co  (SAU:2222) 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.

Saudi Arabian Oil Co ROCE % Related Terms

Saudi Arabian Oil Co ROCE % Historical Data

* Premium members only.

The historical data trend for Saudi Arabian Oil 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.

Saudi Arabian Oil Co ROCE % Chart

Saudi Arabian Oil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.28 58.29 41.99 37.42 33.18

Saudi Arabian Oil Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.65 31.34 35.57 28.04 40.64
SAU:2222
82GF Score
Saudi Arabian Oil Co SAU:2222
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Arabian Oil Co ROCE % Calculation

Saudi Arabian Oil Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=713951/( ( (2423630 - 329254) + (2551964 - 343335) )/ 2 )
=713951/( (2094376+2208629)/ 2 )
=713951/2151502.5
=33.18 %

Saudi Arabian Oil Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=908260/( ( (2551964 - 343335) + (2661959 - 401265) )/ 2 )
=908260/( ( 2208629 + 2260694 )/ 2 )
=908260/2234661.5
=40.64 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 40.64% mean?
Saudi Arabian Oil Co (SAU:2222) has a ROCE % of 40.64% as of Mar. 2026.
Is Saudi Arabian Oil Co's ROCE % too high?
Saudi Arabian Oil Co's current ROCE % is 40.64%. The Oil & Gas industry median ROCE % is 6.88. Saudi Arabian Oil Co's value of 40.64% is 490.7% above this industry median. Overall, Saudi Arabian Oil Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Arabian Oil Co's ROCE % compare to XOM and CVX?
Saudi Arabian Oil Co's ROCE % of 40.64% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.88. Saudi Arabian Oil Co's value of 40.64% is 490.7% 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 6.88, 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. Saudi Arabian Oil Co's current ROCE % of 40.64% is 490.7% 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 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Arabian Oil Co's current ROCE % is 40.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Arabian Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Arabian Oil Co (SAU:2222) is currently considered Fairly Valued. The stock's GF Value™ is ﷼27.01, compared to a current price of ﷼26.68 — trading 1.2% below its estimated fair value. The current ROCE % is 40.64% and 490.7% above the Oil & Gas industry median of 6.88. Saudi Arabian Oil Co's overall GF Score™ is 82/100 with 5 warning signs to review. 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 Saudi Arabian Oil Co (SAU:2222), the current ROCE % is 40.64% as of Mar. 2026. 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.

Is Saudi Arabian Oil Co (SAU:2222) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Arabian Oil Co stock appears to be undervalued. The current stock price of ﷼26.68 is trading 1.2% below its estimated GF Value™ of ﷼27.01. GuruFocus considers Saudi Arabian Oil Co to be Fairly Valued.

Key valuation signals for SAU:2222:

  • ROCE %: 40.64%
  • GF Value™: ﷼27.01 vs. price of ﷼26.68 (1.2% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 490.7% above the Oil & Gas median

No single metric tells the full story. See the SAU:2222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Saudi Arabian Oil Co Business Description

Industry EnergyOil & Gas
Address P.O. Box 5000, Dhahran, SAU, 31311
Saudi Aramco is the national oil company of Saudi Arabia and holds the exclusive right to explore for, produce, and refine the country's hydrocarbons. It is the largest oil and gas producer in the world with a production volume of 12.9 mmboe/d in 2025, including 10.7 mmboe/d of liquids. Its 4.2 mmb/d in net refining capacity makes it the world's fourth-largest refiner. It also owns 59.3 million metric tons of chemical manufacturing capacity, placing it among the top five global chemical companies.
82GF Score

Get the complete analysis for SAU:2222

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

﷼26.68
Price
﷼27.01
GF Value