Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS (IST:GUNDG) ROCE % : -14.65% (As of Sep. 2024)

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What is Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret 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. Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS's annualized ROCE % for the quarter that ended in Sep. 2024 was -14.65%.

Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS ROCE % Historical Data

The historical data trend for Gundogdu Gida Sut Urunlerinayi ve Dis 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.

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Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS ROCE % Chart

Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

8.99

23.41

18.65

Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS Quarterly Data
	Dec21	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			30.12	-	-36.44	29.25	-14.65

Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS ROCE % Calculation

Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret 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 )
	=	55.08	/	( ( (877.258 - 629.497)	+	(733.225 - 390.207) )	/ 2 )
	=	55.08	/	( (247.761	+	343.018)	/ 2 )
	=	55.08	/	295.3895
	=	18.65 %

Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret 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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-76.684	/	( ( (786.527 - 439.603)	+	(1052.593 - 352.345) )	/ 2 )
	=	-76.684	/	( ( 346.924	+	700.248 )	/ 2 )
	=	-76.684	/	523.586
	=	-14.65 %

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

Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS (IST:GUNDG) 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.

Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS ROCE % Related Terms

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Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gundogdu Gida Sut Urunleri Sanayi ve Dis Ticaret AS (IST:GUNDG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kaldirim Street, No:17/1-2, Kucuksu District, Uskudar, Istanbul, TUR

Website

Gundogdu Gida Sut Urunleri Sanayi ve Dis Ticaret AS is engaged in production of cheese. The company produces cheese products such as Kashar Cheese, Local Cheese, Sliced and Grated Cheese, Mozzarella Cheese, and Special Cheese.

Gundogdu Gida Sut Urunlerinayi ve Dis Ticaret AS Headlines

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