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Bilici Yatirimnayi Ve Ticaret AS (IST:BLCYT) Return-on-Tangible-Equity : 19.54% (As of Sep. 2023)


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What is Bilici Yatirimnayi Ve Ticaret AS Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bilici Yatirimnayi Ve Ticaret AS's annualized net income for the quarter that ended in Sep. 2023 was ₺240.5 Mil. Bilici Yatirimnayi Ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Sep. 2023 was ₺1,230.9 Mil. Therefore, Bilici Yatirimnayi Ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 19.54%.

The historical rank and industry rank for Bilici Yatirimnayi Ve Ticaret AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:BLCYT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.99   Med: 16.92   Max: 42.34
Current: 42.03

During the past 13 years, Bilici Yatirimnayi Ve Ticaret AS's highest Return-on-Tangible-Equity was 42.34%. The lowest was 3.99%. And the median was 16.92%.

IST:BLCYT's Return-on-Tangible-Equity is ranked better than
93.46% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.62 vs IST:BLCYT: 42.03

Bilici Yatirimnayi Ve Ticaret AS Return-on-Tangible-Equity Historical Data

The historical data trend for Bilici Yatirimnayi Ve Ticaret AS's Return-on-Tangible-Equity 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.

Bilici Yatirimnayi Ve Ticaret AS Return-on-Tangible-Equity Chart

Bilici Yatirimnayi Ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.47 38.37 14.99 30.28 42.34

Bilici Yatirimnayi 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
Return-on-Tangible-Equity 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 Premium Member Only 41.76 79.57 20.14 55.66 19.54

Competitive Comparison of Bilici Yatirimnayi Ve Ticaret AS's Return-on-Tangible-Equity

For the Textile Manufacturing subindustry, Bilici Yatirimnayi Ve Ticaret AS's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Bilici Yatirimnayi Ve Ticaret AS's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bilici Yatirimnayi Ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bilici Yatirimnayi Ve Ticaret AS's Return-on-Tangible-Equity falls into.



Bilici Yatirimnayi Ve Ticaret AS Return-on-Tangible-Equity Calculation

Bilici Yatirimnayi Ve Ticaret AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=317.059/( (482.178+1015.652 )/ 2 )
=317.059/748.915
=42.34 %

Bilici Yatirimnayi Ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=240.52/( (1201.208+1260.521)/ 2 )
=240.52/1230.8645
=19.54 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bilici Yatirimnayi Ve Ticaret AS  (IST:BLCYT) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Bilici Yatirimnayi Ve Ticaret AS Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Bilici Yatirimnayi Ve Ticaret AS's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Bilici Yatirimnayi Ve Ticaret AS (IST:BLCYT) Business Description

Traded in Other Exchanges
N/A
Address
Bolgesi Ataturk Bulvan No 5/B, Yakapinar, Adana, TUR, 01350
Bilici Yatirim Sanayi Ve Ticaret AS through its subsidiaries manufactures, imports and exports textile products and is engaged in providing tourism services in Turkey.

Bilici Yatirimnayi Ve Ticaret AS (IST:BLCYT) Headlines

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