ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Meka Global Makine Imalatnayi ve Ticaret AS's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -6.75%.
Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) 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, Meka Global Makine Imalatnayi ve Ticaret AS's WACC % is 10.35%. Meka Global Makine Imalatnayi ve Ticaret AS's ROC % is -7.57% (calculated using TTM income statement data).
Meka Global Makine Imalatnayi 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.
Meka Global Makine Imalatnayi ve Ticaret AS ROC % Related Terms
Meka Global Makine Imalatnayi ve Ticaret AS ROC % Historical 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.
Meka Global Makine Imalatnayi ve Ticaret AS ROC % Chart
Meka Global Makine Imalatnayi ve Ticaret AS Annual Data
Trend
Dec20
Dec21
Dec22
Dec23
Dec24
ROC %
32.94
35.03
21.82
22.14
-0.22
Meka Global Makine Imalatnayi ve Ticaret AS Quarterly Data
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) 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.
Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) has a ROC % of -6.75% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Meka Global Makine Imalatnayi ve Ticaret AS and its competitors.
Is Meka Global Makine Imalatnayi ve Ticaret AS's ROC % too high?
Meka Global Makine Imalatnayi ve Ticaret AS's current ROC % is -6.75%. Overall, Meka Global Makine Imalatnayi ve Ticaret AS has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meka Global Makine Imalatnayi ve Ticaret AS's ROC % compare to CRH and VMC?
Meka Global Makine Imalatnayi ve Ticaret AS's ROC % of -6.75% can be compared against companies in the Building Materials industry. The industry median ROC % is 3.46. 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 Building Materials company?
The median ROC % among Building Materials companies is 3.46, based on 397 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. 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 Meka Global Makine Imalatnayi ve Ticaret AS and its competitors. For the Building Materials industry, the median ROC % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meka Global Makine Imalatnayi ve Ticaret AS's current ROC % is -6.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meka Global Makine Imalatnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺4.56, compared to a current price of ₺3.50 — trading 23.2% below its estimated fair value. The current ROC % is -6.75%. Meka Global Makine Imalatnayi ve Ticaret AS's overall GF Score™ is 53/100 with 1 warning sign to review. 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 Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG), the current ROC % is -6.75% as of Mar. 2026. 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.
Is Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) Overvalued in 2026?
Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS stock appears to be undervalued.
The current stock price of ₺3.50 is trading 23.2% below its estimated GF Value™ of ₺4.56.
GuruFocus considers Meka Global Makine Imalatnayi ve Ticaret AS to be Modestly Undervalued.
Key valuation signals for IST:MEKAG:
ROC %: -6.75%
GF Value™: ₺4.56 vs. price of ₺3.50 (23.2% below fair value)
No single metric tells the full story. See the IST:MEKAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meka Global Makine Imalatnayi ve Ticaret AS Business Description
Meka Global Makine Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.
53GF Score
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