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Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) ROCE % : 62.77% (As of Mar. 2022)


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What is Marti 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. Marti Gayrimenkul Yatirim Ortakligi AS's annualized ROCE % for the quarter that ended in Mar. 2022 was 62.77%.


Marti Gayrimenkul Yatirim Ortakligi AS ROCE % Historical Data

The historical data trend for Marti 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.

* Premium members only.

Marti Gayrimenkul Yatirim Ortakligi AS ROCE % Chart

Marti Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.81 -10.98 15.01 4.53 19.94

Marti Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
ROCE % 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 22.91 0.81 6.41 -9.72 62.77

Marti Gayrimenkul Yatirim Ortakligi AS ROCE % Calculation

Marti Gayrimenkul Yatirim Ortakligi AS's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=234.565/( ( (995.549 - 471.352) + (1927.711 - 99.54) )/ 2 )
=234.565/( (524.197+1828.171)/ 2 )
=234.565/1176.184
=19.94 %

Marti Gayrimenkul Yatirim Ortakligi AS's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=1007.268/( ( (1477.711 - 96.594) + (1927.711 - 99.54) )/ 2 )
=1007.268/( ( 1381.117 + 1828.171 )/ 2 )
=1007.268/1604.644
=62.77 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

* 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.


Marti Gayrimenkul Yatirim Ortakligi AS  (IST:MRGYO) 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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Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) Business Description

Traded in Other Exchanges
N/A
Address
Inonu Cad Devred Han, Number 50/4 Gumussuyu, Beyoglu, Istanbul, TUR
Marti Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estates, capital market instruments based on real estates, real estate projects and property rights.

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