Aksa Akrilik Kimyanayii AS (IST:AKSA) ROCE % : 7.93% (As of Dec. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Aksa Akrilik Kimyanayii AS ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Aksa Akrilik Kimyanayii AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.93%.

Aksa Akrilik Kimyanayii AS ROCE % Historical Data

The historical data trend for Aksa Akrilik Kimyanayii AS's ROCE % 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.

Aksa Akrilik Kimyanayii AS ROCE % Chart

Aksa Akrilik Kimyanayii AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

22.24

36.09

41.75

18.76

11.87

Aksa Akrilik Kimyanayii AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															31.20	20.12	6.62	14.74	7.93

Aksa Akrilik Kimyanayii AS ROCE % Calculation

Aksa Akrilik Kimyanayii AS's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	3078.282	/	( ( (36097.13 - 9948.059)	+	(35632.848 - 9926.782) )	/ 2 )
	=	3078.282	/	( (26149.071	+	25706.066)	/ 2 )
	=	3078.282	/	25927.5685
	=	11.87 %

Aksa Akrilik Kimyanayii AS's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1922.812	/	( ( (32456.969 - 9653.198)	+	(35632.848 - 9926.782) )	/ 2 )
	=	1922.812	/	( ( 22803.771	+	25706.066 )	/ 2 )
	=	1922.812	/	24254.9185
	=	7.93 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Aksa Akrilik Kimyanayii AS (IST:AKSA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Aksa Akrilik Kimyanayii AS ROCE % Related Terms

Thank you for viewing the detailed overview of Aksa Akrilik Kimyanayii AS's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Aksa Akrilik Kimyanayii AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aksa Akrilik Kimya Sanayii AS (IST:AKSA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Merkez Mahallesi Yalova, Kocaeli Yolu Caddesi Number 34 PK 114, Taskopru Ciftlikkoy, Yalova, TUR, 77602

Website

https://www.aksa.com

Aksa Akrilik Kimya Sanayii AS is a manufacturer of textile, chemical, and other industrial products and raw materials, auxiliary materials and intermediate substances, artificial, synthetic omand natural fibers, carbon fibers, and polymers among others. It consists of three operating segments such as fibers, energy, and others. The company generates maximum revenue from the Fibers segment.

Aksa Akrilik Kimyanayii AS Headlines

No Headlines