Sekuro Plastik Ambalajnayi AS (IST:SEKUR) ROCE % : 14.81% (As of Sep. 2023)

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What is Sekuro Plastik Ambalajnayi 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. Sekuro Plastik Ambalajnayi AS's annualized ROCE % for the quarter that ended in Sep. 2023 was 14.81%.

Sekuro Plastik Ambalajnayi AS ROCE % Historical Data

The historical data trend for Sekuro Plastik Ambalajnayi 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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Sekuro Plastik Ambalajnayi AS ROCE % Chart

Sekuro Plastik Ambalajnayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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7.48

13.13

4.94

13.75

19.15

Sekuro Plastik Ambalajnayi 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															32.15	-37.22	17.60	63.64	14.81

Sekuro Plastik Ambalajnayi AS ROCE % Calculation

Sekuro Plastik Ambalajnayi 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 )
	=	64.198	/	( ( (505.08 - 250.148)	+	(752.372 - 336.917) )	/ 2 )
	=	64.198	/	( (254.932	+	415.455)	/ 2 )
	=	64.198	/	335.1935
	=	19.15 %

Sekuro Plastik Ambalajnayi 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 )
	=	81.256	/	( ( (876.382 - 315.64)	+	(901.456 - 364.996) )	/ 2 )
	=	81.256	/	( ( 560.742	+	536.46 )	/ 2 )
	=	81.256	/	548.601
	=	14.81 %

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

Sekuro Plastik Ambalajnayi AS (IST:SEKUR) 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.

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Sekuro Plastik Ambalajnayi AS (IST:SEKUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sekuro Plastik Ambalaj Sanayi AS (IST:SEKUR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ekinciler Cad. Elbistan Sok., Sas Plaza No: 10 Kat: 3 D: 9, Kavac?k-Beykoz, Istanbul, TUR

Website

http://www.sekuro.com.tr

Sekuro Plastik Ambalaj Sanayi A.S. is engaged in the manufacturing of food packaging products. The company's products include Bubble package, Plain PE film and Lamination PE film.

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