Etablissements Maurel & Prom (XPAR:MAU) ROCE % : 11.23% (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Etablissements Maurel & Prom 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. Etablissements Maurel & Prom's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.23%.

Etablissements Maurel & Prom ROCE % Historical Data

The historical data trend for Etablissements Maurel & Prom'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.

Etablissements Maurel & Prom ROCE % Chart

Etablissements Maurel & Prom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.17

-28.27

12.29

27.62

13.47

Etablissements Maurel & Prom Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															14.10	37.25	21.47	17.13	11.23

Etablissements Maurel & Prom ROCE % Calculation

Etablissements Maurel & Prom'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 )
	=	179.726	/	( ( (1583.715 - 325.288)	+	(1707.595 - 298.028) )	/ 2 )
	=	179.726	/	( (1258.427	+	1409.567)	/ 2 )
	=	179.726	/	1333.997
	=	13.47 %

Etablissements Maurel & Prom's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	148	/	( ( (1574.803 - 348.2)	+	(1707.595 - 298.028) )	/ 2 )
	=	148	/	( ( 1226.603	+	1409.567 )	/ 2 )
	=	148	/	1318.085
	=	11.23 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Etablissements Maurel & Prom (XPAR:MAU) 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.

Etablissements Maurel & Prom ROCE % Related Terms

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

Etablissements Maurel & Prom (XPAR:MAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Etablissements Maurel & Prom (XPAR:MAU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ETX:Germany

Address

51, rue d'Anjou, Paris, FRA, 75008

Website

http://www.maureletprom.fr

Etablissements Maurel & Prom is a part of the oil & gas industry in France. It specializes in the extraction and production of hydrocarbons. Its activities are split into three segments, namely Exploration, Production, and Drilling. The production of hydrocarbons being its primary activity generates the bulk of the company's revenues. The Production segment focuses on the production of hydrocarbons in Gabon (oil) and Tanzania. The Drilling segment is known for its ownership of a fleet of drilling rigs. The company's revenue is generated through its activities in Africa.

Etablissements Maurel & Prom (XPAR:MAU) Headlines

No Headlines