GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DCT Trading Dis Ticaret (IST:DCTTR) » Definitions » ROC (Joel Greenblatt) %

DCT Trading Dis Ticaret (IST:DCTTR) ROC (Joel Greenblatt) % : 13.08% (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is DCT Trading Dis Ticaret 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. DCT Trading Dis Ticaret's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 13.08%.

The historical rank and industry rank for DCT Trading Dis Ticaret's ROC (Joel Greenblatt) % or its related term are showing as below:

IST:DCTTR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.44   Med: 20.23   Max: 40.06
Current: 3.49

During the past 4 years, DCT Trading Dis Ticaret's highest ROC (Joel Greenblatt) % was 40.06%. The lowest was 2.44%. And the median was 20.23%.

IST:DCTTR's ROC (Joel Greenblatt) % is ranked worse than
70.05% of 651 companies
in the Capital Markets industry
Industry Median: 48.37 vs IST:DCTTR: 3.49

DCT Trading Dis Ticaret's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


DCT Trading Dis Ticaret ROC (Joel Greenblatt) % Historical Data

The historical data trend for DCT Trading Dis Ticaret'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.

DCT Trading Dis Ticaret ROC (Joel Greenblatt) % Chart

DCT Trading Dis Ticaret Annual Data
Trend Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
40.06 17.25 23.21 2.44

DCT Trading Dis Ticaret Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial - 75.20 12.79 -16.05 13.08

Competitive Comparison of DCT Trading Dis Ticaret's ROC (Joel Greenblatt) %

For the Capital Markets subindustry, DCT Trading Dis Ticaret'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.


DCT Trading Dis Ticaret's ROC (Joel Greenblatt) % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DCT Trading Dis Ticaret's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where DCT Trading Dis Ticaret's ROC (Joel Greenblatt) % falls into.


;
;

DCT Trading Dis Ticaret 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.141 + 243.636 + 138.593) - (185.114 + 0 + 1.605)
=244.651

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(212.668 + 122.259 + 139.648) - (186.012 + 0 + 7.191)
=281.372

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of DCT Trading Dis Ticaret for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=61.132/( ( (191.542 + max(244.651, 0)) + (217.377 + max(281.372, 0)) )/ 2 )
=61.132/( ( 436.193 + 498.749 )/ 2 )
=61.132/467.471
=13.08 %

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


DCT Trading Dis Ticaret  (IST:DCTTR) 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.


DCT Trading Dis Ticaret ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of DCT Trading Dis Ticaret's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


DCT Trading Dis Ticaret Business Description

Traded in Other Exchanges
N/A
Address
9 A Block N:16/1, Atakoy 7-8-9-10 Section, Mh Selenium Retro, Bakirkoy, Istanbul, TUR, 34158
DCT Trading Dis Ticaret is one of the leading companies in commodity trading in the country. The company conducts export, import, and transit trade processes in line with commodity price trends. Operating on the principle of Safe Trade, DCT emphasizes the rights and sensitivities of both sellers and buyers, ensuring trade with quality and quantity precision across almost every region worldwide. Cotton, corn, and rice are among the significant commodities that DCT Trading facilitates trade for.

DCT Trading Dis Ticaret Headlines

No Headlines