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Alkim Kagitnayi ve Ticaret AS (IST:ALKA) ROE % : 7.01% (As of Dec. 2023)


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What is Alkim Kagitnayi ve Ticaret AS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Alkim Kagitnayi ve Ticaret AS's annualized net income for the quarter that ended in Dec. 2023 was ₺91 Mil. Alkim Kagitnayi ve Ticaret AS's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₺1,291 Mil. Therefore, Alkim Kagitnayi ve Ticaret AS's annualized ROE % for the quarter that ended in Dec. 2023 was 7.01%.

The historical rank and industry rank for Alkim Kagitnayi ve Ticaret AS's ROE % or its related term are showing as below:

IST:ALKA' s ROE % Range Over the Past 10 Years
Min: -7.23   Med: 26.14   Max: 66.44
Current: 7.01

During the past 13 years, Alkim Kagitnayi ve Ticaret AS's highest ROE % was 66.44%. The lowest was -7.23%. And the median was 26.14%.

IST:ALKA's ROE % is ranked better than
62.63% of 289 companies
in the Forest Products industry
Industry Median: 4.02 vs IST:ALKA: 7.01

Alkim Kagitnayi ve Ticaret AS ROE % Historical Data

The historical data trend for Alkim Kagitnayi ve Ticaret AS's ROE % 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.

Alkim Kagitnayi ve Ticaret AS ROE % Chart

Alkim Kagitnayi ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.38 45.07 66.44 57.79 7.01

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.38 45.07 66.44 57.79 7.01

Competitive Comparison of Alkim Kagitnayi ve Ticaret AS's ROE %

For the Paper & Paper Products subindustry, Alkim Kagitnayi ve Ticaret AS's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alkim Kagitnayi ve Ticaret AS's ROE % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Kagitnayi ve Ticaret AS's ROE % distribution charts can be found below:

* The bar in red indicates where Alkim Kagitnayi ve Ticaret AS's ROE % falls into.



Alkim Kagitnayi ve Ticaret AS ROE % Calculation

Alkim Kagitnayi ve Ticaret AS's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=90.551/( (1320.952+1261.531)/ 2 )
=90.551/1291.2415
=7.01 %

Alkim Kagitnayi ve Ticaret AS's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=90.551/( (1320.952+1261.531)/ 2 )
=90.551/1291.2415
=7.01 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Alkim Kagitnayi ve Ticaret AS  (IST:ALKA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=90.551/1291.2415
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(90.551 / 2389.692)*(2389.692 / 1720.376)*(1720.376 / 1291.2415)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.79 %*1.3891*1.3323
=ROA %*Equity Multiplier
=5.26 %*1.3323
=7.01 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=90.551/1291.2415
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (90.551 / 200.359) * (200.359 / 440.495) * (440.495 / 2389.692) * (2389.692 / 1720.376) * (1720.376 / 1291.2415)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4519 * 0.4548 * 18.43 % * 1.3891 * 1.3323
=7.01 %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Alkim Kagitnayi ve Ticaret AS ROE % Related Terms

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Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Business Description

Traded in Other Exchanges
N/A
Address
Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730
Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Headlines

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