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Atakey Patates Gidanayi Ve Ticaret AS (IST:ATAKP) ROC (Joel Greenblatt) % : 6.71% (As of Sep. 2024)


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What is Atakey Patates Gidanayi Ve Ticaret AS ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Atakey Patates Gidanayi Ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.71%.

The historical rank and industry rank for Atakey Patates Gidanayi Ve Ticaret AS's ROC (Joel Greenblatt) % or its related term are showing as below:

IST:ATAKP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.81   Med: 35.53   Max: 50.17
Current: 1.81

During the past 2 years, Atakey Patates Gidanayi Ve Ticaret AS's highest ROC (Joel Greenblatt) % was 50.17%. The lowest was 1.81%. And the median was 35.53%.

IST:ATAKP's ROC (Joel Greenblatt) % is ranked worse than
76.31% of 1904 companies
in the Consumer Packaged Goods industry
Industry Median: 11.85 vs IST:ATAKP: 1.81

Atakey Patates Gidanayi Ve Ticaret AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Atakey Patates Gidanayi Ve Ticaret AS ROC (Joel Greenblatt) % Historical Data

The historical data trend for Atakey Patates Gidanayi Ve Ticaret AS's ROC (Joel Greenblatt) % 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.

Atakey Patates Gidanayi Ve Ticaret AS ROC (Joel Greenblatt) % Chart

Atakey Patates Gidanayi Ve Ticaret AS Annual Data
Trend Dec22 Dec23
ROC (Joel Greenblatt) %
50.17 20.88

Atakey Patates Gidanayi Ve Ticaret AS Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 99.99 -19.91 10.06 3.33 6.71

Competitive Comparison of Atakey Patates Gidanayi Ve Ticaret AS's ROC (Joel Greenblatt) %

For the Packaged Foods subindustry, Atakey Patates Gidanayi Ve Ticaret AS's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Atakey Patates Gidanayi Ve Ticaret AS's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Atakey Patates Gidanayi Ve Ticaret AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Atakey Patates Gidanayi Ve Ticaret AS's ROC (Joel Greenblatt) % falls into.



Atakey Patates Gidanayi Ve Ticaret AS ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(608.218 + 724.503 + 182.163) - (392.237 + 0 + 6.9039999999999)
=1115.743

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(309.364 + 1297.761 + 175.967) - (591.433 + 0 + 8.705)
=1182.954

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Atakey Patates Gidanayi Ve Ticaret AS for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=230.248/( ( (2118.567 + max(1115.743, 0)) + (2445.201 + max(1182.954, 0)) )/ 2 )
=230.248/( ( 3234.31 + 3628.155 )/ 2 )
=230.248/3431.2325
=6.71 %

Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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.


Atakey Patates Gidanayi Ve Ticaret AS  (IST:ATAKP) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Atakey Patates Gidanayi Ve Ticaret AS ROC (Joel Greenblatt) % Related Terms

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Atakey Patates Gidanayi Ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Emirhan Cad. No:109 Kat:11, Balmumcu, Besiktas, Istanbul, TUR
Atakey Patates Gida Sanayi Ve Ticaret AS manufacture, supply, wholesale, and retail, import, and export all kinds of potato products, especially frozen coated potatoes. Its products comprise Coated Potato Slices, French Fries (7 x 7), Crinkle Potatoes, Coated Crinkle Potatoes, Coated Cage Potatoes, and Red Coated Cage Potato.

Atakey Patates Gidanayi Ve Ticaret AS Headlines

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