Cem Zeytin AS (IST:CEMZY) ROCE % : 13.17% (As of Dec. 2024)

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What is Cem Zeytin 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. Cem Zeytin AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.17%.

Cem Zeytin AS ROCE % Historical Data

The historical data trend for Cem Zeytin 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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Cem Zeytin AS ROCE % Chart

Cem Zeytin AS Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

36.21

33.33

53.06

18.37

Cem Zeytin AS Quarterly Data
	Dec21	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial			-	25.39	39.34	21.31	13.17

Cem Zeytin AS ROCE % Calculation

Cem Zeytin 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 )
	=	524.898	/	( ( (3754.61 - 1614.278)	+	(4494.104 - 920.3) )	/ 2 )
	=	524.898	/	( (2140.332	+	3573.804)	/ 2 )
	=	524.898	/	2857.068
	=	18.37 %

Cem Zeytin 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 )
	=	469.68	/	( ( (4491.687 - 931.887)	+	(4494.104 - 920.3) )	/ 2 )
	=	469.68	/	( ( 3559.8	+	3573.804 )	/ 2 )
	=	469.68	/	3566.802
	=	13.17 %

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

Cem Zeytin AS (IST:CEMZY) 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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Cem Zeytin AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cem Zeytin AS (IST:CEMZY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Edremit-Balikesir Asphalt, 4.km Havran, Balikesir, TUR

Website

https://www.cemzeytin.com.tr

Cem Zeytin AS is engaged in production of pickled black and green olives, olive storage, processing and packaging.

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