Tukas Turgutlu Konservecilik AS (IST:TUKAS) ROCE % : 5.35% (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Tukas Turgutlu Konservecilik 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. Tukas Turgutlu Konservecilik AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.35%.

Tukas Turgutlu Konservecilik AS ROCE % Historical Data

The historical data trend for Tukas Turgutlu Konservecilik 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.

* Premium members only.

Tukas Turgutlu Konservecilik AS ROCE % Chart

Tukas Turgutlu Konservecilik AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

37.71

29.72

33.71

67.78

19.04

Tukas Turgutlu Konservecilik 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															106.99	11.98	71.47	79.80	5.35

Tukas Turgutlu Konservecilik AS ROCE % Calculation

Tukas Turgutlu Konservecilik 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 )
	=	1243.118	/	( ( (8079.962 - 2776.048)	+	(9777.632 - 2021.913) )	/ 2 )
	=	1243.118	/	( (5303.914	+	7755.719)	/ 2 )
	=	1243.118	/	6529.8165
	=	19.04 %

Tukas Turgutlu Konservecilik 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 )
	=	294.564	/	( ( (5709.969 - 2458.921)	+	(9777.632 - 2021.913) )	/ 2 )
	=	294.564	/	( ( 3251.048	+	7755.719 )	/ 2 )
	=	294.564	/	5503.3835
	=	5.35 %

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

Tukas Turgutlu Konservecilik AS (IST:TUKAS) 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.

Tukas Turgutlu Konservecilik AS ROCE % Related Terms

Thank you for viewing the detailed overview of Tukas Turgutlu Konservecilik AS's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tukas Turgutlu Konservecilik AS (IST:TUKAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tukas Turgutlu Konservecilik AS (IST:TUKAS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Çayba?? Mah. ?zmir Cad. No:51, Torbal?, Izmir, TUR, 35880

Website

http://www.tukas.com.tr

Tukas Turgutlu Konservecilik AS is a Turkey-based company operates the food business. It is primarily involved in the production and distribution of vegetable and fruit products in Turkey. Its products include tomato and pepper paste; canned products, pickled vegetables, honey; sauces, frozen vegetables, and fruits. Geographically, the activities are operated through the region of Turkey; however, its products are made available in both domestic and other international markets.

Tukas Turgutlu Konservecilik AS (IST:TUKAS) Headlines

No Headlines