Bizim Toptantis Magazalari AS (IST:BIZIM) ROCE % : 170.42% (As of Sep. 2023)

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What is Bizim Toptantis Magazalari 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. Bizim Toptantis Magazalari AS's annualized ROCE % for the quarter that ended in Sep. 2023 was 170.42%.

Bizim Toptantis Magazalari AS ROCE % Historical Data

The historical data trend for Bizim Toptantis Magazalari 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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Bizim Toptantis Magazalari AS ROCE % Chart

Bizim Toptantis Magazalari AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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52.22

126.81

75.80

107.51

131.57

Bizim Toptantis Magazalari 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															144.51	153.76	81.50	104.45	170.42

Bizim Toptantis Magazalari AS ROCE % Calculation

Bizim Toptantis Magazalari 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 )
	=	799.065	/	( ( (2138.497 - 1730.315)	+	(4012.381 - 3205.897) )	/ 2 )
	=	799.065	/	( (408.182	+	806.484)	/ 2 )
	=	799.065	/	607.333
	=	131.57 %

Bizim Toptantis Magazalari 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 )
	=	1697.628	/	( ( (4873.46 - 3959.951)	+	(5677.369 - 4598.647) )	/ 2 )
	=	1697.628	/	( ( 913.509	+	1078.722 )	/ 2 )
	=	1697.628	/	996.1155
	=	170.42 %

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

Bizim Toptantis Magazalari AS (IST:BIZIM) 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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Bizim Toptantis Magazalari AS (IST:BIZIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bizim Toptan Satis Magazalari AS (IST:BIZIM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ku?bak??? cad. No:19, Altunizade, Üsküdar, Istanbul, TUR, 34662

Website

http://www.bizimtoptan.com

Bizim Toptan Satis Magazalari AS is a Turkey-based company engages in the operation of wholesale fast moving consumer goods chain stores. Its stores offer different kinds of products under various categories, including milk and dairy products, canned food, delicatessen, tobacco products, meat and related products, hygiene products, paper products, homeware, textile products, automobile accessories, decoration products, communication products, staple food, soft drinks, alcoholic drinks, bread and pastry products, personal care products, cosmetics, electronic appliances and energy and illumination products.

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