Grainturk Holding AS (IST:GRTHO) ROCE % : 14.55% (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Grainturk Holding 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. Grainturk Holding AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 14.55%.

Grainturk Holding AS ROCE % Historical Data

The historical data trend for Grainturk Holding 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.

* Premium members only.

Grainturk Holding AS ROCE % Chart

Grainturk Holding AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

14.37

74.93

37.71

25.88

20.78

Grainturk Holding AS Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial									48.71	13.68	22.42	46.85	14.55

Grainturk Holding AS ROCE % Calculation

Grainturk Holding 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 )
	=	1027.845	/	( ( (4747.731 - 324.964)	+	(5954.244 - 485.097) )	/ 2 )
	=	1027.845	/	( (4422.767	+	5469.147)	/ 2 )
	=	1027.845	/	4945.957
	=	20.78 %

Grainturk Holding 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 )
	=	724.348	/	( ( (4764.56 - 273.911)	+	(5954.244 - 485.097) )	/ 2 )
	=	724.348	/	( ( 4490.649	+	5469.147 )	/ 2 )
	=	724.348	/	4979.898
	=	14.55 %

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

Grainturk Holding AS (IST:GRTHO) 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.

Grainturk Holding AS ROCE % Related Terms

Thank you for viewing the detailed overview of Grainturk Holding AS's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Grainturk Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grainturk Holding AS (IST:GRTHO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Levent Caddesi Krizantem Sokak No: 15, Levent, Istanbul, TUR, 34330

Website

https://www.grainturk.com

Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.

Grainturk Holding AS Headlines

No Headlines