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Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS (IST:BRKSN) Return-on-Tangible-Asset : 28.11% (As of Sep. 2023)


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What is Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's annualized Net Income for the quarter that ended in Sep. 2023 was ₺90.6 Mil. Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's average total tangible assets for the quarter that ended in Sep. 2023 was ₺322.2 Mil. Therefore, Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 was 28.11%.

The historical rank and industry rank for Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:BRKSN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.88   Med: 2.02   Max: 26.79
Current: 26.79

During the past 13 years, Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's highest Return-on-Tangible-Asset was 26.79%. The lowest was -7.88%. And the median was 2.02%.

IST:BRKSN's Return-on-Tangible-Asset is ranked better than
98.31% of 532 companies
in the Conglomerates industry
Industry Median: 2.605 vs IST:BRKSN: 26.79

Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS Return-on-Tangible-Asset Historical Data

The historical data trend for Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's Return-on-Tangible-Asset 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.

Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS Return-on-Tangible-Asset Chart

Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 -1.25 11.53 14.92 10.25

Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 19.43 15.45 41.12 28.11

Competitive Comparison of Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's Return-on-Tangible-Asset

For the Conglomerates subindustry, Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's Return-on-Tangible-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's Return-on-Tangible-Asset falls into.



Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS Return-on-Tangible-Asset Calculation

Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=19.129/( (135.769+237.507)/ 2 )
=19.129/186.638
=10.25 %

Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=90.58/( (311.003+333.458)/ 2 )
=90.58/322.2305
=28.11 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2023) net income data.


Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS  (IST:BRKSN) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS (IST:BRKSN) Business Description

Traded in Other Exchanges
N/A
Address
IMPA Business Center 12/1, Ruzgarli Bahce Mah. Kavak Sok., Kavacik-Beykoz, Istanbul, TUR, 34810
Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret A.S. manufactures insulation and packaging materials. The company provides services to companies in construction, automotive and sports industries, among others.

Berkosan Yatilim Ve Tecrit Maddeleri Uretim Ve Ticaret AS (IST:BRKSN) Headlines

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