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Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) ROE % : 106.90% (As of Dec. 2023)


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What is Anadolu Efes Biracilik ve Maltnayi AS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Anadolu Efes Biracilik ve Maltnayi AS's annualized net income for the quarter that ended in Dec. 2023 was $1,942 Mil. Anadolu Efes Biracilik ve Maltnayi AS's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,816 Mil. Therefore, Anadolu Efes Biracilik ve Maltnayi AS's annualized ROE % for the quarter that ended in Dec. 2023 was 106.90%.

The historical rank and industry rank for Anadolu Efes Biracilik ve Maltnayi AS's ROE % or its related term are showing as below:

AEBZY' s ROE % Range Over the Past 10 Years
Min: -5.96   Med: 3.92   Max: 69.44
Current: 59.15

During the past 13 years, Anadolu Efes Biracilik ve Maltnayi AS's highest ROE % was 69.44%. The lowest was -5.96%. And the median was 3.92%.

AEBZY's ROE % is ranked better than
95.19% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 7.04 vs AEBZY: 59.15

Anadolu Efes Biracilik ve Maltnayi AS ROE % Historical Data

The historical data trend for Anadolu Efes Biracilik ve Maltnayi 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.

Anadolu Efes Biracilik ve Maltnayi AS ROE % Chart

Anadolu Efes Biracilik ve Maltnayi 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 8.05 5.40 5.18 59.92 42.37

Anadolu Efes Biracilik ve Maltnayi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only 177.85 6.36 35.35 49.66 106.90

Competitive Comparison of Anadolu Efes Biracilik ve Maltnayi AS's ROE %

For the Beverages - Brewers subindustry, Anadolu Efes Biracilik ve Maltnayi 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.


Anadolu Efes Biracilik ve Maltnayi AS's ROE % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's ROE % distribution charts can be found below:

* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's ROE % falls into.



Anadolu Efes Biracilik ve Maltnayi AS ROE % Calculation

Anadolu Efes Biracilik ve Maltnayi 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 )
=761.016/( (1371.898+2220.147)/ 2 )
=761.016/1796.0225
=42.37 %

Anadolu Efes Biracilik ve Maltnayi 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: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=1941.888/( (1412.811+2220.147)/ 2 )
=1941.888/1816.479
=106.90 %

* 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 four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Anadolu Efes Biracilik ve Maltnayi AS  (OTCPK:AEBZY) 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
=1941.888/1816.479
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1941.888 / 6536.688)*(6536.688 / 8182.208)*(8182.208 / 1816.479)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.71 %*0.7989*4.5044
=ROA %*Equity Multiplier
=23.74 %*4.5044
=106.90 %

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
=1941.888/1816.479
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1941.888 / 3025.364) * (3025.364 / -18.344) * (-18.344 / 6536.688) * (6536.688 / 8182.208) * (8182.208 / 1816.479)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6419 * -164.9239 * -0.28 % * 0.7989 * 4.5044
=106.90 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Anadolu Efes Biracilik ve Maltnayi AS ROE % Related Terms

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Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Business Description

Traded in Other Exchanges
Address
Fatih Sultan Mehmet Mah. Balkan Cad. No:58, Buyaka E Blok Tepeüstü, Istanbul, TUR, 34771
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under a number of different brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. Sparkling and still beverages account for more than half of the company's total revenue. Beer sales account for the remaining revenue, with beer sales outside of Turkey (mainly in Russia, Kazakhstan, Georgia, and Moldova) collectively providing more revenue than beer sales in Turkey. The company has breweries, bottling plants, and other production facilities in more than a dozen countries, primarily Turkey and Russia.

Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Headlines