Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) ROCE % : 35.90% (As of Sep. 2023)

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What is Bati Ege Gayrimenkul Yatirim Ortakligi 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. Bati Ege Gayrimenkul Yatirim Ortakligi AS's annualized ROCE % for the quarter that ended in Sep. 2023 was 35.90%.

Bati Ege Gayrimenkul Yatirim Ortakligi AS ROCE % Historical Data

The historical data trend for Bati Ege Gayrimenkul Yatirim Ortakligi 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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Bati Ege Gayrimenkul Yatirim Ortakligi AS ROCE % Chart

Bati Ege Gayrimenkul Yatirim Ortakligi AS Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

136.45

102.82

Bati Ege Gayrimenkul Yatirim Ortakligi AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial			-	-	139.92	-	35.90

Bati Ege Gayrimenkul Yatirim Ortakligi AS ROCE % Calculation

Bati Ege Gayrimenkul Yatirim Ortakligi AS's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	518.59	/	( ( (1015.191 - 885.939)	+	(1584.365 - 704.927) )	/ 2 )
	=	518.59	/	( (129.252	+	879.438)	/ 2 )
	=	518.59	/	504.345
	=	102.82 %

Bati Ege Gayrimenkul Yatirim Ortakligi AS's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	634.032	/	( ( (2204.329 - 401.545)	+	(2391.207 - 661.363) )	/ 2 )
	=	634.032	/	( ( 1802.784	+	1729.844 )	/ 2 )
	=	634.032	/	1766.314
	=	35.90 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) 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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Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kayalar Mah. 6030, St. Sinpa? AquaCity F1, Blok No.3/13, Ic Kapi No:19 Merkezefendi district, Denizli, TUR

Website

https://batiegegyo.com.tr

Bati Ege Gayrimenkul Yatirim Ortakligi AS is an investment company established to develop new investments in the real estate sector in Denizli and the entire Aegean Region. It has portfolio of projects which are Aquacity Denizli & Aquamall AVM.

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