Makpetrol AD (XMAE:MPT) ROCE % : 9.17% (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Makpetrol AD 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. Makpetrol AD's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.17%.

Makpetrol AD ROCE % Historical Data

The historical data trend for Makpetrol AD'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.

* Premium members only.

Makpetrol AD ROCE % Chart

Makpetrol AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

22.08

8.53

27.54

21.19

11.24

Makpetrol AD Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															7.22	8.06	26.57	5.24	9.17

Makpetrol AD ROCE % Calculation

Makpetrol AD'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 )
	=	854.845	/	( ( (9264.3 - 1894.593)	+	(9296.585 - 1460.682) )	/ 2 )
	=	854.845	/	( (7369.707	+	7835.903)	/ 2 )
	=	854.845	/	7602.805
	=	11.24 %

Makpetrol AD's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	718.768	/	( ( (9296.585 - 1460.682)	+	(0 - 0) )	/ 1 )
	=	718.768	/	( ( 7835.903	+	0 )	/ 1 )
	=	718.768	/	7835.903
	=	9.17 %

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

Makpetrol AD (XMAE:MPT) 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.

Makpetrol AD ROCE % Related Terms

Thank you for viewing the detailed overview of Makpetrol AD's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Makpetrol AD (XMAE:MPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Makpetrol AD (XMAE:MPT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Sv.Kiril i Metodij no.4, Skopje, MKD, 1000

Website

http://www.makpetrol.com.mk

Makpetrol AD engages in the distribution and trade of oil and oil products in the Republic of Macedonia and internationally. Its product offerings include aviation fuel, oils and lubricants, LPG (Liquefied petroleum gas), biofuels, and natural gas. The company serves fleet operators, freight forwarders, transport companies, airports and industrial entities. Makpetrol also operates restaurants and cafes in the circle of its gas stations.

Makpetrol AD (XMAE:MPT) Headlines

No Headlines