Ekos Teknoloji ve Elektrik AS (IST:EKOS) ROC % : 8.77% (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ekos Teknoloji ve Elektrik AS 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 %. Ekos Teknoloji ve Elektrik AS's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was 8.77%.

As of today (2025-03-23), Ekos Teknoloji ve Elektrik AS's WACC % is 9.95%. Ekos Teknoloji ve Elektrik AS's ROC % is 4.31% (calculated using TTM income statement data). Ekos Teknoloji ve Elektrik AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Ekos Teknoloji ve Elektrik AS ROC % Historical Data

The historical data trend for Ekos Teknoloji ve Elektrik 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.

* Premium members only.

Ekos Teknoloji ve Elektrik AS ROC % Chart

Ekos Teknoloji ve Elektrik AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROC %

6.26

27.32

16.05

20.20

Ekos Teknoloji ve Elektrik AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROC %	Get a 7-Day Free Trial							13.63	-14.35	-6.22	-6.85	8.77

Ekos Teknoloji ve Elektrik AS ROC % Calculation

Ekos Teknoloji ve Elektrik 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 )
=	209.787 * ( 1 - -47.44% )	/	( (1272.041	+	1789.714)	/ 2 )
=	309.3099528	/	1530.8775
=	20.20 %

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	))
=	1721.31	-	392.537	-	( 56.732	-	max(0, 662.19	-	1158.891	+	56.732	))
=	1272.041

	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	))
=	2832.193	-	401.589	-	( 640.89	-	max(0, 747.211	-	1991.426	+	640.89	))
=	1789.714

Ekos Teknoloji ve Elektrik AS's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	323.904 * ( 1 - 30.33% )	/	( (2305.87	+	2840.989)	/ 2 )
=	225.6639168	/	2573.4295
=	8.77 %

where

	Invested Capital		(Q: Jun. 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	))
=	3319.382	-	490.816	-	( 522.696	-	max(0, 914.233	-	2101.335	+	522.696	))
=	2305.87

	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	))
=	3854.362	-	501.618	-	( 511.755	-	max(0, 1007.144	-	2573.889	+	511.755	))
=	2840.989

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

Ekos Teknoloji ve Elektrik AS (IST:EKOS) 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, Ekos Teknoloji ve Elektrik AS's WACC % is 9.95%. Ekos Teknoloji ve Elektrik AS's ROC % is 4.31% (calculated using TTM income statement data). Ekos Teknoloji ve Elektrik 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.

Ekos Teknoloji ve Elektrik AS ROC % Related Terms

Thank you for viewing the detailed overview of Ekos Teknoloji ve Elektrik AS's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ekos Teknoloji ve Elektrik AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ekos Teknoloji ve Elektrik AS (IST:EKOS) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gaziosmanpasaosb Mahallesi, No. 7 Caddesi Ekosinerji, Blok No: 17-19A, Ic Kapi No: 1, Altieylul, Balikesir, TUR

Website

https://www.ekoselectric.com

Ekos Teknoloji ve Elektrik AS is an Turkey Based technology and service provider company for the electrical infrastructure of power producers, network operators, as well as industrial and commercial consumers. The company's main field of activity is the design, engineering, production and commissioning of switching and automation equipment and systems that enable the control of medium and high voltage electrical networks.

Ekos Teknoloji ve Elektrik AS Headlines

No Headlines