Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS (IST:ETILR) ROCE % : 33.87% (As of Sep. 2023)

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What is Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret 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. Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS's annualized ROCE % for the quarter that ended in Sep. 2023 was 33.87%.

Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS ROCE % Historical Data

The historical data trend for Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret 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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Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS ROCE % Chart

Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-45.82

18.02

47.17

37.82

25.68

Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															21.27	16.38	45.35	-0.24	33.87

Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS ROCE % Calculation

Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	23.793	/	( ( (62.542 - 9.849)	+	(236.697 - 104.07) )	/ 2 )
	=	23.793	/	( (52.693	+	132.627)	/ 2 )
	=	23.793	/	92.66
	=	25.68 %

Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	49.66	/	( ( (262.232 - 116.162)	+	(260.24 - 113.046) )	/ 2 )
	=	49.66	/	( ( 146.07	+	147.194 )	/ 2 )
	=	49.66	/	146.632
	=	33.87 %

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

Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS (IST:ETILR) 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.

Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS ROCE % Related Terms

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Etiler Gida ve Ticari Yatirimlarnayi ve Tica ret AS (IST:ETILR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Etiler Gida ve Ticari Yatirimlar Sanayi ve Tica ret AS (IST:ETILR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Merkezi No.: 145 K: 8 1 / B, Osmanbey - Sisli, Halaskargazi Cad, Istanbul, TUR

Website

http://www.etilermarmaris.com.tr

Etiler Gida ve Ticari Yatirimlar Sanayi ve Tica ret AS is engaged in the wholesale and retail of food products such as burgers, drinks, meatballs, sandwiches, toasts and waffles. It also operates hotels and restaurants.

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