Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) ROCE %: 9.31% (As of Dec. 2021)


IST:DIRIT Diriteks Dirilis Tekstil Sanayi ve Ticaret AS IST:DIRIT
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What is Diriteks Dirilis Tekstilnayi ve Ticaret AS ROCE %?

Diriteks Dirilis Tekstilnayi ve Ticaret AS IST:DIRIT -0.77% 5 ROCE % is 9.31% as of Dec. 2021. GuruFocus rates IST:DIRIT with a GF Score™ of 5/100.

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. Diriteks Dirilis Tekstilnayi ve Ticaret AS's annualized ROCE % for the quarter that ended in Dec. 2021 was 9.31%.

Diriteks Dirilis Tekstilnayi ve Ticaret AS  (IST:DIRIT) 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.

Diriteks Dirilis Tekstilnayi ve Ticaret AS ROCE % Related Terms

Diriteks Dirilis Tekstilnayi ve Ticaret AS ROCE % Historical Data

* Premium members only.

The historical data trend for Diriteks Dirilis Tekstilnayi ve 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.

Diriteks Dirilis Tekstilnayi ve Ticaret AS ROCE % Chart

Diriteks Dirilis Tekstilnayi ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.51 -5.67 -28.89 -6.09 9.31

Diriteks Dirilis Tekstilnayi ve Ticaret AS Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.51 -5.67 -28.89 -6.09 9.31
IST:DIRIT
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Diriteks Dirilis Tekstil Sanayi ve Ticaret AS IST:DIRIT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Diriteks Dirilis Tekstilnayi ve Ticaret AS ROCE % Calculation

Diriteks Dirilis Tekstilnayi ve Ticaret AS's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=2.505/( ( (0 - 0) + (68.372 - 41.464) )/ 1 )
=2.505/( (0+26.908)/ 1 )
=2.505/26.908
=9.31 %

Diriteks Dirilis Tekstilnayi ve Ticaret AS's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=2.505/( ( (0 - 0) + (68.372 - 41.464) )/ 1 )
=2.505/( ( 0 + 26.908 )/ 1 )
=2.505/26.908
=9.31 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2021) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 9.31% mean?
Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) has a ROCE % of 9.31% as of Dec. 2021.
Is Diriteks Dirilis Tekstilnayi ve Ticaret AS's ROCE % too high?
Diriteks Dirilis Tekstilnayi ve Ticaret AS's current ROCE % is 9.31%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Diriteks Dirilis Tekstilnayi ve Ticaret AS's value of 9.31% is 51.6% above this industry median. Overall, Diriteks Dirilis Tekstilnayi ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Diriteks Dirilis Tekstilnayi ve Ticaret AS's ROCE % compare to AIN?
Diriteks Dirilis Tekstilnayi ve Ticaret AS's ROCE % of 9.31% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Diriteks Dirilis Tekstilnayi ve Ticaret AS's value of 9.31% is 51.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diriteks Dirilis Tekstilnayi ve Ticaret AS's current ROCE % of 9.31% is 51.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diriteks Dirilis Tekstilnayi ve Ticaret AS's current ROCE % is 9.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diriteks Dirilis Tekstilnayi ve Ticaret AS stock overvalued right now?
Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) has a current ROCE % of 9.31%. The current ROCE % is 9.31% and 51.6% above the Manufacturing - Apparel & Accessories industry median of 6.14. Diriteks Dirilis Tekstilnayi ve Ticaret AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT), the current ROCE % is 9.31% as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Diriteks Dirilis Tekstilnayi ve Ticaret AS Business Description

Address Suleyman Demirel Organize Sanayi Bolgesi, 114 Caddesi No. 4, Isparta, TUR
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS is a textile manufacturing company. Its brands include Dirivizon, Dirigold, Roseland. The group sells its product through domestic dealers and abroad through distributers.
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