Ocean Bio-Chem

Ocean Bio-Chem ROCE

Delisted

The Return on Capital Employed (ROCE) of Ocean Bio-Chem (OBCI) as of Nov 1, 2026 is 22.89 %. In the previous year, Return on Capital Employed (ROCE) was 30.81 % — a change of -25.70% (lower).

ROCE

22.89 %

YoY

-25.70%

Last updated:

In 2021, Ocean Bio-Chem's return on capital employed (ROCE) was 22.89 %, a -25.70% increase from the 30.81 % ROCE in the previous year.

The Ocean Bio-Chem ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2014
15.09 USD
Jan 1, 2015
3.63 USD
Jan 1, 2016
13.75 USD
Jan 1, 2017
14.76 USD
Jan 1, 2018
13.52 USD
Jan 1, 2019
15.01 USD
Jan 1, 2020
30.81 USD
Jan 1, 2021
22.89 USD
The Ocean Bio-Chem ROCE history
YEARROCEYoY
22.89 %-25.70%
30.81 %+105.27%
15.01 %+11.05%
13.52 %-8.44%
14.76 %+7.36%
13.75 %+278.74%
3.63 %-75.94%
15.09 %—

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Ocean Bio-Chem Stock analysis

What does Ocean Bio-Chem do? Ocean Bio-Chem Inc. is an American company specializing in the development, manufacturing, and distribution of chemical products. The company is based in Fort Lauderdale, Florida and was founded in 1973. Its history began with the development of a product called "Starbrite," a cleaning solution for the marine industry. Since then, Ocean Bio-Chem Inc. has expanded its product range to serve the marine, automotive, RV, pool, household, and garden industries. The company has two divisions: Marine and Consumer. The Marine division offers a wide range of cleaning and care products for boats and ships, while the Consumer division provides products for various applications such as automotive care, household cleaning, and pest control. In recent years, Ocean Bio-Chem Inc. has added CBD products to its portfolio under the brand "PurWell." The company emphasizes quality and invests in research and development. It has established a strong market position in the United States and continues to expand internationally. Ocean Bio-Chem is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Ocean Bio-Chem's Return on Capital Employed (ROCE)

Ocean Bio-Chem's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Ocean Bio-Chem's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Ocean Bio-Chem's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Ocean Bio-Chem’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Ocean Bio-Chem stock

Return on Capital Employed (ROCE) of Ocean Bio-Chem is 22.89 % in 2021.

Return on Capital Employed (ROCE) of Ocean Bio-Chem changed from 30.81 % to 22.89 %, representing a -25.70% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Ocean Bio-Chem since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Ocean Bio-Chem with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Ocean Bio-Chem

All Key Metrics — Ocean Bio-Chem