Formul Plastik Ve Metalnayi AS (IST:FRMPL) ROCE %: 16.65% (As of Dec. 2024)


IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
22 GF Score
Price ₺35.00
! 1 Warning Sign
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What is Formul Plastik Ve Metalnayi AS ROCE %?

Formul Plastik Ve Metalnayi AS IST:FRMPL -1.63% 22 ROCE % is 16.65% as of Dec. 2024. GuruFocus rates IST:FRMPL with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

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. Formul Plastik Ve Metalnayi AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.65%.

Formul Plastik Ve Metalnayi AS  (IST:FRMPL) 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.

Formul Plastik Ve Metalnayi AS ROCE % Related Terms

Formul Plastik Ve Metalnayi AS ROCE % Historical Data

* Premium members only.

The historical data trend for Formul Plastik Ve Metalnayi 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.

Formul Plastik Ve Metalnayi AS ROCE % Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
ROCE %
34.60 26.00 16.65

Formul Plastik Ve Metalnayi AS Semi-Annual Data
Dec22 Dec23 Dec24
ROCE % 34.60 26.00 16.65
IST:FRMPL
22GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS ROCE % Calculation

Formul Plastik Ve Metalnayi 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 )
=383.021/( ( (3539.308 - 1247.894) + (3545.005 - 1234.9) )/ 2 )
=383.021/( (2291.414+2310.105)/ 2 )
=383.021/2300.7595
=16.65 %

Formul Plastik Ve Metalnayi 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: Dec. 2023 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=383.021/( ( (3539.308 - 1247.894) + (3545.005 - 1234.9) )/ 2 )
=383.021/( ( 2291.414 + 2310.105 )/ 2 )
=383.021/2300.7595
=16.65 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2024) 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 16.65% mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a ROCE % of 16.65% as of Dec. 2024.
Is Formul Plastik Ve Metalnayi AS's ROCE % too high?
Formul Plastik Ve Metalnayi AS's current ROCE % is 16.65%. The Building Materials industry median ROCE % is 5.95. Formul Plastik Ve Metalnayi AS's value of 16.65% is 180.1% above this industry median. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's ROCE % compare to CRH and VMC?
Formul Plastik Ve Metalnayi AS's ROCE % of 16.65% can be compared against companies in the Building Materials industry. The industry median ROCE % is 5.95. Formul Plastik Ve Metalnayi AS's value of 16.65% is 180.1% 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 Building Materials company?
The median ROCE % among Building Materials companies is 5.95, based on 404 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. Formul Plastik Ve Metalnayi AS's current ROCE % of 16.65% is 180.1% 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 Building Materials industry, the median ROCE % is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formul Plastik Ve Metalnayi AS's current ROCE % is 16.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current ROCE % of 16.65%. The current ROCE % is 16.65% and 180.1% above the Building Materials industry median of 5.95. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 22/100 with 1 warning sign to review. 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 Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current ROCE % is 16.65% as of Dec. 2024. 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.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
22GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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