ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) ROCE % : 58.25% (As of Dec. 2024)

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What is ARD Grup Bilisim Teknolojileri 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. ARD Grup Bilisim Teknolojileri AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 58.25%.

ARD Grup Bilisim Teknolojileri AS ROCE % Historical Data

The historical data trend for ARD Grup Bilisim Teknolojileri 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.

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ARD Grup Bilisim Teknolojileri AS ROCE % Chart

ARD Grup Bilisim Teknolojileri AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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52.71

60.60

40.69

38.27

24.93

ARD Grup Bilisim Teknolojileri 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															102.05	2.36	25.32	19.67	58.25

ARD Grup Bilisim Teknolojileri AS ROCE % Calculation

ARD Grup Bilisim Teknolojileri 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 )
	=	741.326	/	( ( (3366.603 - 578.658)	+	(4059.437 - 900.36) )	/ 2 )
	=	741.326	/	( (2787.945	+	3159.077)	/ 2 )
	=	741.326	/	2973.511
	=	24.93 %

ARD Grup Bilisim Teknolojileri 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 )
	=	1718.148	/	( ( (3450.445 - 710.49)	+	(4059.437 - 900.36) )	/ 2 )
	=	1718.148	/	( ( 2739.955	+	3159.077 )	/ 2 )
	=	1718.148	/	2949.516
	=	58.25 %

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

ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) 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.

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ARD Grup Bilisim Teknolojileri AS Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) » Definitions » ROCE %

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Address

Hacettepe Unit. Technocity 1. R&D No: 20, Ankara, TUR, 06800

Website

https://www.ardinformatics.com.tr

ARD Grup Bilisim Teknolojileri AS is engaged in software development. It offers architecture solutions, software development, enterprise software solutions, cloud solutions, cybersecurity software.

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