Advantage Energy (TSX:AAV) ROCE %: 8.28% (As of Mar. 2026)

What is Advantage Energy ROCE %?

Advantage Energy TSX:AAV +2.32% 84 ROCE % is 8.28% as of Mar. 2026. GuruFocus rates TSX:AAV with a GF Score™ of 84/100 and a GF Value™ of C$12.36 (Modestly Undervalued). The stock has 6 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. Advantage Energy's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.28%.

Advantage Energy (TSX:AAV) 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.

Advantage Energy ROCE % Related Terms

Advantage Energy ROCE % Historical Data

* Premium members only.

The historical data trend for Advantage Energy'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.

Advantage Energy ROCE % Chart

Advantage Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

32.68

23.23

7.84

3.40

4.93

Advantage Energy 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															-3.18	16.62	2.53	3.76	8.28

84GF Score

Advantage Energy Ltd TSX:AAV

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

View Full Analysis

Advantage Energy ROCE % Calculation

Advantage Energy'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 )
	=	132.602	/	( ( (2945.958 - 250.515)	+	(3071.015 - 383.222) )	/ 2 )
	=	132.602	/	( (2695.443	+	2687.793)	/ 2 )
	=	132.602	/	2691.618
	=	4.93 %

Advantage Energy'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 )
	=	223.832	/	( ( (3071.015 - 383.222)	+	(3232.073 - 515.402) )	/ 2 )
	=	223.832	/	( ( 2687.793	+	2716.671 )	/ 2 )
	=	223.832	/	2702.232
	=	8.28 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 8.28% mean?

Advantage Energy (TSX:AAV) has a ROCE % of 8.28% as of Mar. 2026.

Is Advantage Energy's ROCE % too high?

Advantage Energy's current ROCE % is 8.28%. The Oil & Gas industry median ROCE % is 6.79. Advantage Energy's value of 8.28% is 21.9% above this industry median. Overall, Advantage Energy has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Advantage Energy's ROCE % compare to COP and EOG?

Advantage Energy's ROCE % of 8.28% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Advantage Energy's value of 8.28% is 21.9% 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. Advantage Energy's current ROCE % of 8.28% is 21.9% 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. Advantage Energy's current ROCE % is 8.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Advantage Energy stock overvalued right now?

Based on GuruFocus' analysis, Advantage Energy (TSX:AAV) is currently considered Modestly Undervalued. The stock's GF Value™ is C$12.36, compared to a current price of C$10.15 — trading 17.9% below its estimated fair value. The current ROCE % is 8.28% and 21.9% above the Oil & Gas industry median of 6.79. Advantage Energy's overall GF Score™ is 84/100 with 6 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 Advantage Energy (TSX:AAV), the current ROCE % is 8.28% 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 Advantage Energy (TSX:AAV) Overvalued in 2026?

Based on GuruFocus' analysis, Advantage Energy stock appears to be undervalued. The current stock price of C$10.15 is trading 17.9% below its estimated GF Value™ of C$12.36. GuruFocus considers Advantage Energy to be Modestly Undervalued.

Key valuation signals for TSX:AAV:

ROCE %: 8.28%
GF Value™: C$12.36 vs. price of C$10.15 (17.9% below fair value)
GF Score™: 84/100 with 6 warning signs
Industry Position: 21.9% above the Oil & Gas median

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

Advantage Energy Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:TNZ TSX:MER TSX:BIR TSX:KEL TSX:CJ TSX:SOIL TSX:VLE TSX:FEC TSX:OBE TSX:PXT HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Other Exchanges AAVVF:USA 9SA0:Germany

Address 440 - 2nd Avenue SW, Millennium Tower, Suite 2200, Calgary, AB, CAN, T2P 5E9

Website https://www.advantageog.com

Advantage Energy Ltd is an energy producer with a position in the Western Canadian Sedimentary Basin. Additionally, it provides carbon capture and storage (CCS) solutions to emitters of carbon dioxide through its subsidiary. Its segments include Advantage (natural gas and liquids producer) engaged in the business of natural gas, crude oil and liquids production from its Montney and Charlie Lake resource plays in Alberta and B.C.; and Entropy (carbon capture and storage) provides carbon capture and storage solutions to emitters of carbon dioxide. Entropy captures and sequesters carbon at Advantage's Glacier Gas Plant.

84GF Score

Get the complete analysis for TSX:AAV

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

C$10.15

Price

C$12.36

GF Value

View TSX:AAV Analysis

See ROCE % data for all stocks →