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DCT Trading Dis Ticaret (IST:DCTTR) ROC % : -92.60% (As of Dec. 2024)


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What is DCT Trading Dis Ticaret ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. DCT Trading Dis Ticaret's annualized return on capital (ROC %) for the quarter that ended in Dec. 2024 was -92.60%.

As of today (2025-03-27), DCT Trading Dis Ticaret's WACC % is 12.51%. DCT Trading Dis Ticaret's ROC % is -37.45% (calculated using TTM income statement data). DCT Trading Dis Ticaret earns returns that do not match up to its cost of capital. It will destroy value as it grows.


DCT Trading Dis Ticaret ROC % Historical Data

The historical data trend for DCT Trading Dis Ticaret's ROC % 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 % Chart

DCT Trading Dis Ticaret Annual Data
Trend Dec21 Dec22 Dec23 Dec24
ROC %
21.85 7.67 1.05 -19.58

DCT Trading Dis Ticaret Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
ROC % Get a 7-Day Free Trial - 15.58 -1.70 -80.30 -92.60

DCT Trading Dis Ticaret ROC % Calculation

DCT Trading Dis Ticaret's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=-178.601 * ( 1 - -0.66% )/( (1129.629 + 706.881)/ 2 )
=-179.7797666/918.255
=-19.58 %

where

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2345.238 - 1099.463 - ( 118.539 - max(0, 1902.591 - 2018.737+118.539))
=1129.629

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1327 - 186.012 - ( 434.107 - max(0, 444.829 - 927.022+434.107))
=706.881

DCT Trading Dis Ticaret's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-633.776 * ( 1 - 9.59% )/( (530.648 + 706.881)/ 2 )
=-572.9968816/618.7645
=-92.60 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1118.679 - 185.114 - ( 402.917 - max(0, 369.275 - 838.368+402.917))
=530.648

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1327 - 186.012 - ( 434.107 - max(0, 444.829 - 927.022+434.107))
=706.881

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) 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 % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, DCT Trading Dis Ticaret's WACC % is 12.51%. DCT Trading Dis Ticaret's ROC % is -37.45% (calculated using TTM income statement data). DCT Trading Dis Ticaret earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


DCT Trading Dis Ticaret ROC % Related Terms

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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.

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