Ege Endustri ve Ticaret AS (IST:EGEEN) ROC %: 28.06% (As of Dec. 2023)


IST:EGEEN Ege Endustri ve Ticaret AS IST:EGEEN
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What is Ege Endustri ve Ticaret AS ROC %?

Ege Endustri ve Ticaret AS IST:EGEEN +1.99% 5 ROC % is 28.06% as of Dec. 2023. GuruFocus rates IST:EGEEN with a GF Score™ of 5/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Ege Endustri ve Ticaret AS's annualized return on capital (ROC %) for the quarter that ended in Dec. 2023 was 28.06%.

As of today (2026-06-29), Ege Endustri ve Ticaret AS's WACC % is 0.00%. Ege Endustri ve Ticaret AS's ROC % is 0.00% (calculated using TTM income statement data). Ege Endustri ve Ticaret AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Ege Endustri ve Ticaret AS  (IST:EGEEN) 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, Ege Endustri ve Ticaret AS's WACC % is 0.00%. Ege Endustri ve Ticaret AS's ROC % is 0.00% (calculated using TTM income statement data). Ege Endustri ve Ticaret AS 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.


Ege Endustri ve Ticaret AS ROC % Related Terms


Ege Endustri ve Ticaret AS ROC % Historical Data

* Premium members only.

The historical data trend for Ege Endustri ve Ticaret AS'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.

Ege Endustri ve Ticaret AS ROC % Chart

Ege Endustri ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.66 39.80 50.29 64.00 24.80

Ege Endustri ve Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROC % 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 0.00 25.93 47.85 49.79 28.06
IST:EGEEN
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Ege Endustri ve Ticaret AS IST:EGEEN
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Ege Endustri ve Ticaret AS ROC % Calculation

Ege Endustri ve Ticaret AS's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=873.749 * ( 1 - 23.13% )/( (1582.042 + 3834.309)/ 2 )
=671.6508563/2708.1755
=24.80 %

where

Invested Capital(A: Dec. 2022 )
=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))
=3114.757 - 360.368 - ( 1172.347 - max(0, 430.756 - 2237.079+1172.347))
=1582.042

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))
=6264.21 - 671.256 - ( 1758.645 - max(0, 989.198 - 3102.036+1758.645))
=3834.309

Ege Endustri ve Ticaret AS's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=866.344 * ( 1 - 0% )/( (2340.157 + 3834.309)/ 2 )
=866.344/3087.233
=28.06 %

where

Invested Capital(Q: Sep. 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))
=4381.192 - 552.376 - ( 1488.659 - max(0, 790.222 - 2874.443+1488.659))
=2340.157

Invested Capital(Q: 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))
=6264.21 - 671.256 - ( 1758.645 - max(0, 989.198 - 3102.036+1758.645))
=3834.309

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 28.06% mean?
Ege Endustri ve Ticaret AS (IST:EGEEN) has a ROC % of 28.06% as of Dec. 2023. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ege Endustri ve Ticaret AS and its competitors.
Is Ege Endustri ve Ticaret AS's ROC % too high?
Ege Endustri ve Ticaret AS's current ROC % is 28.06%. The Vehicles & Parts industry median ROC % is 5.09. Ege Endustri ve Ticaret AS's value of 28.06% is 451.3% above this industry median. Overall, Ege Endustri ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Ege Endustri ve Ticaret AS's ROC % compare to GPC and MBLY?
Ege Endustri ve Ticaret AS's ROC % of 28.06% can be compared against companies in the Vehicles & Parts industry. The industry median ROC % is 5.09. Ege Endustri ve Ticaret AS's value of 28.06% is 451.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Vehicles & Parts company?
The median ROC % among Vehicles & Parts companies is 5.09, based on 1,315 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ege Endustri ve Ticaret AS's current ROC % of 28.06% is 451.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ege Endustri ve Ticaret AS and its competitors. For the Vehicles & Parts industry, the median ROC % is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ege Endustri ve Ticaret AS's current ROC % is 28.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ege Endustri ve Ticaret AS stock overvalued right now?
Ege Endustri ve Ticaret AS (IST:EGEEN) has a current ROC % of 28.06%. The current ROC % is 28.06% and 451.3% above the Vehicles & Parts industry median of 5.09. Ege Endustri ve Ticaret AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Ege Endustri ve Ticaret AS (IST:EGEEN), the current ROC % is 28.06% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ege Endustri ve Ticaret AS Business Description

Address Kemalpaya Street No: 280, Pinarbasi, Izmir, TUR, 35060
Ege Endustri ve Ticaret AS is a Turkey-based axle manufacturer for the automotive industry. The products of the company consist of Fabricated Axle Housing, Rear Axles, Tag Axles, Trailer Axles, Self-Steering Tag Axle and Independent Front Suspension System among others.
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