Aztek Teknoloji Urunleri Ticaret AS (IST:AZTEK) ROCE % : 69.08% (As of Dec. 2024)

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What is Aztek Teknoloji Urunleri Ticaret 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. Aztek Teknoloji Urunleri Ticaret AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 69.08%.

Aztek Teknoloji Urunleri Ticaret AS ROCE % Historical Data

The historical data trend for Aztek Teknoloji Urunleri Ticaret 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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Aztek Teknoloji Urunleri Ticaret AS ROCE % Chart

Aztek Teknoloji Urunleri Ticaret AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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78.29

70.35

53.42

64.78

43.15

Aztek Teknoloji Urunleri Ticaret AS Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial												76.01	31.26	37.35	46.68	69.08

Aztek Teknoloji Urunleri Ticaret AS ROCE % Calculation

Aztek Teknoloji Urunleri Ticaret 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 )
	=	865.363	/	( ( (4386.682 - 2382.214)	+	(4200.233 - 2193.74) )	/ 2 )
	=	865.363	/	( (2004.468	+	2006.493)	/ 2 )
	=	865.363	/	2005.4805
	=	43.15 %

Aztek Teknoloji Urunleri Ticaret 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 )
	=	1321.464	/	( ( (3782.576 - 1963.351)	+	(4200.233 - 2193.74) )	/ 2 )
	=	1321.464	/	( ( 1819.225	+	2006.493 )	/ 2 )
	=	1321.464	/	1912.859
	=	69.08 %

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

Aztek Teknoloji Urunleri Ticaret AS (IST:AZTEK) 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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Aztek Teknoloji Urunleri Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aztek Teknoloji Urunleri Ticaret AS (IST:AZTEK) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Akat Mah. Hare Sok. No:1, Besiktas, Istanbul, TUR, TR-34335

Website

https://www.aztekteknoloji.com

Aztek Teknoloji Urunleri Ticaret AS offers consumer electronics. The company offers mobiles, music systems speakers, and accessories. Its brand offering comprises such Apple, Beats by Dr.Dre, JBL, Harman Kardon, Thule, Case Logic, Marshall, Urbanears.

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