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Baydoner Restoranlari AS (IST:BYDNR) ROCE % : 66.79% (As of Dec. 2023)


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What is Baydoner Restoranlari 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. Baydoner Restoranlari AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 66.79%.


Baydoner Restoranlari AS ROCE % Historical Data

The historical data trend for Baydoner Restoranlari 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.

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Baydoner Restoranlari AS ROCE % Chart

Baydoner Restoranlari AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
26.88 38.28 50.24 31.34

Baydoner Restoranlari AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial - 91.50 16.21 42.53 66.79

Baydoner Restoranlari AS ROCE % Calculation

Baydoner Restoranlari 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 )
=336.013/( ( (1362.015 - 469.101) + (1663.115 - 411.999) )/ 2 )
=336.013/( (892.914+1251.116)/ 2 )
=336.013/1072.015
=31.34 %

Baydoner Restoranlari AS'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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=680.264/( ( (1142.299 - 356.53) + (1663.115 - 411.999) )/ 2 )
=680.264/( ( 785.769 + 1251.116 )/ 2 )
=680.264/1018.4425
=66.79 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* 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.


Baydoner Restoranlari AS  (IST:BYDNR) 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.


Baydoner Restoranlari AS ROCE % Related Terms

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Baydoner Restoranlari AS (IST:BYDNR) Business Description

Traded in Other Exchanges
N/A
Address
Justice Mah. Anadolu Cad, No:41 Independent Section K:20, No:17 Megapol Tower, Bayrakli District, Izmir, TUR, 35530
Baydoner Restoranlari AS is a company engaged in restaurants business. The brands Baydoner, Bursa Ishakbey and Pide by Pide owned by the company operates in the food and beverage industry.

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