Ekos Teknoloji ve Elektrik AS (IST:EKOS) ROCE % : 42.51% (As of Sep. 2024)

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What is Ekos Teknoloji ve Elektrik 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. Ekos Teknoloji ve Elektrik AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 42.51%.

Ekos Teknoloji ve Elektrik AS ROCE % Historical Data

The historical data trend for Ekos Teknoloji ve Elektrik 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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Ekos Teknoloji ve Elektrik AS ROCE % Chart

Ekos Teknoloji ve Elektrik AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

14.00

38.98

20.97

10.06

Ekos Teknoloji ve Elektrik AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial							101.73	-41.19	-5.82	-1.14	42.51

Ekos Teknoloji ve Elektrik AS ROCE % Calculation

Ekos Teknoloji ve Elektrik AS's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	158.092	/	( ( (1721.31 - 662.19)	+	(2832.193 - 747.211) )	/ 2 )
	=	158.092	/	( (1059.12	+	2084.982)	/ 2 )
	=	158.092	/	1572.051
	=	10.06 %

Ekos Teknoloji ve Elektrik AS's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1116.404	/	( ( (3319.382 - 914.233)	+	(3854.362 - 1007.144) )	/ 2 )
	=	1116.404	/	( ( 2405.149	+	2847.218 )	/ 2 )
	=	1116.404	/	2626.1835
	=	42.51 %

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

Ekos Teknoloji ve Elektrik AS (IST:EKOS) 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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Ekos Teknoloji ve Elektrik AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ekos Teknoloji ve Elektrik AS (IST:EKOS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gaziosmanpasaosb Mahallesi, No. 7 Caddesi Ekosinerji, Blok No: 17-19A, Ic Kapi No: 1, Altieylul, Balikesir, TUR

Website

https://www.ekoselectric.com

Ekos Teknoloji ve Elektrik AS is an Turkey Based technology and service provider company for the electrical infrastructure of power producers, network operators, as well as industrial and commercial consumers. The company's main field of activity is the design, engineering, production and commissioning of switching and automation equipment and systems that enable the control of medium and high voltage electrical networks.

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