TTNN (Titan NRG) ROCE %: 11.26% (As of Dec. 2011)

What is Titan NRG ROCE %?

Titan NRG TTNN -0.76% ROCE % is 11.26% as of Dec. 2011.

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. Titan NRG's annualized ROCE % for the quarter that ended in Dec. 2011 was 11.26%.

Titan NRG (OTCPK:TTNN) 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.

Titan NRG ROCE % Related Terms

Titan NRG ROCE % Historical Data

* Premium members only.

The historical data trend for Titan NRG'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.

Titan NRG ROCE % Chart

Titan NRG Annual Data

Trend

Sep07

Sep08

Sep09

Mar10

Mar11

ROCE %

0.00

16.80

Titan NRG Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
ROCE %	Get a 7-Day Free Trial															2.58	3.16	39.52	-70.01	11.26

Titan NRG ROCE % Calculation

Titan NRG's annualized ROCE % for the fiscal year that ended in Mar. 2011 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2011 )		(A: Mar. 2010 )		(A: Mar. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2011 )		(A: Mar. 2010 )		(A: Mar. 2011 )
	=	0.543	/	( ( (5.041 - 3.726)	+	(11.093 - 5.944) )	/ 2 )
	=	0.543	/	( (1.315	+	5.149)	/ 2 )
	=	0.543	/	3.232
	=	16.80 %

Titan NRG's ROCE % of for the quarter that ended in Dec. 2011 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2011 )		(Q: Sep. 2011 )		(Q: Dec. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2011 )		(Q: Sep. 2011 )		(Q: Dec. 2011 )
	=	0.576	/	( ( (14.674 - 9.575)	+	(16.014 - 10.881) )	/ 2 )
	=	0.576	/	( ( 5.099	+	5.133 )	/ 2 )
	=	0.576	/	5.116
	=	11.26 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2011) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 11.26% mean?

Titan NRG (TTNN) has a ROCE % of 11.26% as of Dec. 2011.

Is Titan NRG's ROCE % too high?

Titan NRG's current ROCE % is 11.26%. The Oil & Gas industry median ROCE % is 6.79. Titan NRG's value of 11.26% is 65.8% above this industry median.

How does Titan NRG's ROCE % compare to SSOL and ABCE?

Titan NRG's ROCE % of 11.26% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Titan NRG's value of 11.26% is 65.8% 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. Titan NRG's current ROCE % of 11.26% is 65.8% 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. Titan NRG's current ROCE % is 11.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Titan NRG stock overvalued right now?

Titan NRG (TTNN) has a current ROCE % of 11.26%. The current ROCE % is 11.26% and 65.8% above the Oil & Gas industry median of 6.79. 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 Titan NRG (TTNN), the current ROCE % is 11.26% as of Dec. 2011. 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.

Titan NRG Business Description

Industry Energy Oil & Gas

Comparable Companies NSE:XLENERGY BOM:533109 SSOL BOM:517403 WAR:RSP ABCE BOM:541228 BSRC WAR:01C BOM:511447 NSE:SMSOLEX NSE:ZODIACSMN WAR:NVV TSXV:ACU BOM:533298 WAR:SNX HYSR TSXV:UGE MIL:GGP OHEL:VALOE

Address 4255 North Sullinger Avenue, Tucson, AZ, USA, 85705

Website https://www.titannrg.com

Titan NRG operates as a downstream energy and transportation company through its subsidiaries. The products of the company include Propane, Butane, Asphalt, Emulsion, and Specialty Chemicals.