Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) ROCE % : -19.19% (As of Sep. 2023)

View and export this data going back to 1986. Start your Free Trial

What is Kartonsan Kartonnayi ve Ticaret 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. Kartonsan Kartonnayi ve Ticaret AS's annualized ROCE % for the quarter that ended in Sep. 2023 was -19.19%.

Kartonsan Kartonnayi ve Ticaret AS ROCE % Historical Data

The historical data trend for Kartonsan Kartonnayi ve Ticaret 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.

Kartonsan Kartonnayi ve Ticaret AS ROCE % Chart

Kartonsan Kartonnayi ve Ticaret AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

36.93

20.16

33.04

63.33

70.78

Kartonsan Kartonnayi 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
ROCE %	Get a 7-Day Free Trial															47.97	7.14	-12.68	0.18	-19.19

Kartonsan Kartonnayi ve Ticaret AS ROCE % Calculation

Kartonsan Kartonnayi ve Ticaret 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 )
	=	842.804	/	( ( (1183.954 - 264.758)	+	(1799.742 - 337.56) )	/ 2 )
	=	842.804	/	( (919.196	+	1462.182)	/ 2 )
	=	842.804	/	1190.689
	=	70.78 %

Kartonsan Kartonnayi ve Ticaret 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 )
	=	-239.04	/	( ( (1635.032 - 361.108)	+	(1599.464 - 381.456) )	/ 2 )
	=	-239.04	/	( ( 1273.924	+	1218.008 )	/ 2 )
	=	-239.04	/	1245.966
	=	-19.19 %

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

Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) 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.

Kartonsan Kartonnayi ve Ticaret AS ROCE % Related Terms

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

Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kartonsan Karton Sanayi ve Ticaret AS (IST:KARTN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prof. Dr. Bulent Tarcan Caddesi, No: 5 Pak Is Merkezi, Kat: 3, Gayrettepe, Istanbul, TUR, 34349

Website

https://www.kartonsan.com

Kartonsan Karton Sanayi ve Ticaret AS is a Turkey-based company engaged in producing and trading of coated cardboard from recycled paper. Business activity of the group is operated through Ukraine, Bulgaria, Spain, Greece, Portugal, and Italy. Its portfolio includes product such as Normprint, Exprint and Luxtriplex, Normprint is multi-coated grey-backside cardboard with a blade top coat, which is used as a packaging material; Exprint, used in all types of packaging and detailed graphic printing and Luxtriplex, multi-coated cardboard with white backside which is ideal for all types of packaging, especially for food, cosmetics, pharmaceuticals. Kartonsan derives revenue through the sale of the products.

Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Headlines

No Headlines