TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) ROCE % : -31.83% (As of Dec. 2023)

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What is TSKB Gayrimenkul Yatirim Ortakligi 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. TSKB Gayrimenkul Yatirim Ortakligi AS's annualized ROCE % for the quarter that ended in Dec. 2023 was -31.83%.

TSKB Gayrimenkul Yatirim Ortakligi AS ROCE % Historical Data

The historical data trend for TSKB Gayrimenkul Yatirim Ortakligi 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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TSKB Gayrimenkul Yatirim Ortakligi AS ROCE % Chart

TSKB Gayrimenkul Yatirim Ortakligi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.71

-4.76

22.35

52.64

11.30

TSKB Gayrimenkul Yatirim Ortakligi AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															207.52	0.56	109.07	1.86	-31.83

TSKB Gayrimenkul Yatirim Ortakligi AS ROCE % Calculation

TSKB Gayrimenkul Yatirim Ortakligi 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 )
	=	358.391	/	( ( (3005.323 - 12.26)	+	(3371.338 - 20.135) )	/ 2 )
	=	358.391	/	( (2993.063	+	3351.203)	/ 2 )
	=	358.391	/	3172.133
	=	11.30 %

TSKB Gayrimenkul Yatirim Ortakligi 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 )
	=	-914.992	/	( ( (2411.023 - 13.443)	+	(3371.338 - 20.135) )	/ 2 )
	=	-914.992	/	( ( 2397.58	+	3351.203 )	/ 2 )
	=	-914.992	/	2874.3915
	=	-31.83 %

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

TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) 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.

TSKB Gayrimenkul Yatirim Ortakligi AS ROCE % Related Terms

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TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meclisi Mebusan Cad, Mollabay?r? Sok. No:1, F?nd?kl?, Instanbul, TUR, 34427

Website

http://www.tskbgyo.com.tr

TSKB Gayrimenkul Yatirim Ortakligi AS is a portfolio management company that invests in real estate and real estate projects. The company focuses to create and develop a profitable real estate portfolio in order to provide high returns to its shareholders. It invests in real estate properties, real estate-based capital market instruments, real estate projects, real estate-based rights and capital market instruments. Geographically the business activities are carried out through the region of Turkey.

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