Agrotech Yuksek Teknoloji ve Yatirim AS (IST:AGROT) ROCE % : 102.83% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Agrotech Yuksek Teknoloji ve Yatirim AS 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. Agrotech Yuksek Teknoloji ve Yatirim AS's annualized ROCE % for the quarter that ended in Mar. 2024 was 102.83%.

Agrotech Yuksek Teknoloji ve Yatirim AS ROCE % Historical Data

The historical data trend for Agrotech Yuksek Teknoloji ve Yatirim AS'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.

Agrotech Yuksek Teknoloji ve Yatirim AS ROCE % Chart

Agrotech Yuksek Teknoloji ve Yatirim AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

3.69

8.42

25.19

8.00

Agrotech Yuksek Teknoloji ve Yatirim AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial					6.80	15.02	2.50	11.53	102.83

Agrotech Yuksek Teknoloji ve Yatirim AS ROCE % Calculation

Agrotech Yuksek Teknoloji ve Yatirim AS'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 )
	=	326.06	/	( ( (2509.095 - 229.621)	+	(6374.184 - 507.065) )	/ 2 )
	=	326.06	/	( (2279.474	+	5867.119)	/ 2 )
	=	326.06	/	4073.2965
	=	8.00 %

Agrotech Yuksek Teknoloji ve Yatirim AS'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 )
	=	7266.276	/	( ( (6374.184 - 507.065)	+	(9232.758 - 967.405) )	/ 2 )
	=	7266.276	/	( ( 5867.119	+	8265.353 )	/ 2 )
	=	7266.276	/	7066.236
	=	102.83 %

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

Agrotech Yuksek Teknoloji ve Yatirim AS (IST:AGROT) 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.

Agrotech Yuksek Teknoloji ve Yatirim AS ROCE % Related Terms

Thank you for viewing the detailed overview of Agrotech Yuksek Teknoloji ve Yatirim AS's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Agrotech Yuksek Teknoloji ve Yatirim AS (IST:AGROT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Agrotech Yuksek Teknoloji ve Yatirim AS (IST:AGROT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Küçükbakkalköy, Mah. Atilla ?lhan Cad., Efe Sokak No: 2/1, Ata?ehir, Istanbul, TUR, 34750

Website

https://agrotechgrup.com.tr

Agrotech Yuksek Teknoloji ve Yatirim AS is a Agricultural company whose business activities are in the field of trading agricultural products in the food sector and in the field of software in the definition of technology factors sector.

Agrotech Yuksek Teknoloji ve Yatirim AS (IST:AGROT) Headlines

No Headlines