Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) ROCE % : 8.65% (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Dogu Aras Enerji Yatirimlari A.S. 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. Dogu Aras Enerji Yatirimlari A.S.'s annualized ROCE % for the quarter that ended in Sep. 2022 was 8.65%.

Dogu Aras Enerji Yatirimlari A.S. ROCE % Historical Data

The historical data trend for Dogu Aras Enerji Yatirimlari A.S.'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.

Dogu Aras Enerji Yatirimlari A.S. ROCE % Chart

Dogu Aras Enerji Yatirimlari A.S. Annual Data

Trend

Dec18

Dec19

Dec20

ROCE %

45.10

65.70

47.67

Dogu Aras Enerji Yatirimlari A.S. Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial					39.32	31.48	128.33	43.75	8.65

Dogu Aras Enerji Yatirimlari A.S. ROCE % Calculation

Dogu Aras Enerji Yatirimlari A.S.'s annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	525.189	/	( ( (1805.295 - 846.218)	+	(2223.769 - 979.38) )	/ 2 )
	=	525.189	/	( (959.077	+	1244.389)	/ 2 )
	=	525.189	/	1101.733
	=	47.67 %

Dogu Aras Enerji Yatirimlari A.S.'s ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	238.248	/	( ( (4587.286 - 2024.57)	+	(5150.256 - 2203.344) )	/ 2 )
	=	238.248	/	( ( 2562.716	+	2946.912 )	/ 2 )
	=	238.248	/	2754.814
	=	8.65 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) 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.

Dogu Aras Enerji Yatirimlari A.S. ROCE % Related Terms

Thank you for viewing the detailed overview of Dogu Aras Enerji Yatirimlari A.S.'s ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukrupasa Mahallesi Susam Sok. Gamaoglu Yavuz Selim, Sitesi C-Block Six No: 1/A , Yakutiye, Erzurum, TUR

Website

https://www.doguaras.com

Dogu Aras Enerji Yatirimlari A.S. operates in the energy distribution and energy retail sectors.

Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Headlines

No Headlines