Karel Elektroniknayi ve Ticaret AS (IST:KAREL) ROCE % : -27.39% (As of Sep. 2024)

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What is Karel Elektroniknayi ve 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. Karel Elektroniknayi ve Ticaret AS's annualized ROCE % for the quarter that ended in Sep. 2024 was -27.39%.

Karel Elektroniknayi ve Ticaret AS ROCE % Historical Data

The historical data trend for Karel Elektroniknayi 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.

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Karel Elektroniknayi ve Ticaret AS ROCE % Chart

Karel Elektroniknayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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40.09

32.36

13.19

23.63

42.34

Karel Elektroniknayi ve Ticaret AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															127.65	-1.68	18.98	1.84	-27.39

Karel Elektroniknayi ve Ticaret AS ROCE % Calculation

Karel Elektroniknayi ve 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 )
	=	1324.179	/	( ( (8414.034 - 5450.846)	+	(8269.118 - 4977.231) )	/ 2 )
	=	1324.179	/	( (2963.188	+	3291.887)	/ 2 )
	=	1324.179	/	3127.5375
	=	42.34 %

Karel Elektroniknayi ve 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: 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 )
	=	-993.104	/	( ( (10368.651 - 6682.022)	+	(11227.662 - 7663.961) )	/ 2 )
	=	-993.104	/	( ( 3686.629	+	3563.701 )	/ 2 )
	=	-993.104	/	3625.165
	=	-27.39 %

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

Karel Elektroniknayi ve Ticaret AS (IST:KAREL) 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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Karel Elektroniknayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Karel Elektronik Sanayi ve Ticaret AS (IST:KAREL) » Definitions » ROCE %

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Address

Korean Martyrs Street, Captain Rock Aldogan Sokak No. 16, Zincirlikuyu, Istanbul, TUR, 34 394

Website

http://www.karel.com.tr

Karel Elektronik Sanayi ve Ticaret AS is a Turkey-based company engaged in designing, developing, producing and marketing telecommunication equipment. The company's products include PBX systems, phones, GSM Terminals, Wireless (DECT) Systems, VoIP and Network Products and Other Products.

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