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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. SK Innovation Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 27.36%.
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.
SK Innovation Co ROCE % Related Terms
SK Innovation Co ROCE % Historical Data
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The historical data trend for SK Innovation 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.
(1) Note:
The EBIT data used here is four times the quarterly (Jun. 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.
SK Innovation Co (XKRX:096770) has a ROCE % of 27.36% as of Jun. 2026.
Is SK Innovation Co's ROCE % too high?
SK Innovation Co's current ROCE % is 27.36%. The Oil & Gas industry median ROCE % is 7.43. SK Innovation Co's value of 27.36% is 268.2% above this industry median. Overall, SK Innovation Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SK Innovation Co's ROCE % compare to MPC and VLO?
SK Innovation Co's ROCE % of 27.36% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 7.43. SK Innovation Co's value of 27.36% is 268.2% 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 7.43, based on 987 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. SK Innovation Co's current ROCE % of 27.36% is 268.2% 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 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SK Innovation Co's current ROCE % is 27.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SK Innovation Co stock overvalued right now?
Based on GuruFocus' analysis, SK Innovation Co (XKRX:096770) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩90,875.94, compared to a current price of ₩130,100.00 — trading 43.2% above its estimated fair value. The current ROCE % is 27.36% and 268.2% above the Oil & Gas industry median of 7.43. SK Innovation Co's overall GF Score™ is 65/100 with 7 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 SK Innovation Co (XKRX:096770), the current ROCE % is 27.36% as of Jun. 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 SK Innovation Co (XKRX:096770) Overvalued in 2026?
Based on GuruFocus' analysis, SK Innovation Co stock appears to be overvalued.
The current stock price of ₩130,100.00 is trading 43.2% above its estimated GF Value™ of ₩90,875.94.
GuruFocus considers SK Innovation Co to be Significantly Overvalued.
Key valuation signals for XKRX:096770:
ROCE %: 27.36%
GF Value™: ₩90,875.94 vs. price of ₩130,100.00 (43.2% above fair value)
Industry Position: 268.2% above the Oil & Gas median
No single metric tells the full story. See the XKRX:096770 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SK Innovation Co Ltd is a Korean-based company engaged in the production and sale of petroleum products, lubricants, and base oils. Its operating segments include Petroleum & Chemicals, Lubricant, Oil development, ENS, Batteries & Materials, and Other sectors. Its main products include eco-friendly gasoline, diesel, kerosene, aviation fuel, naphtha, olefins, aromatics, lubricant base oils, and batteries for electric vehicles. It generates the majority of its revenue from the Petroleum and Chemicals segment.
65GF Score
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