Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) ROCE % : 69.36% (As of Dec. 2023)

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What is Koton Magazacilik Tekstilnayi 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. Koton Magazacilik Tekstilnayi Ve Ticaret AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 69.36%.

Koton Magazacilik Tekstilnayi Ve Ticaret AS ROCE % Historical Data

The historical data trend for Koton Magazacilik Tekstilnayi 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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Koton Magazacilik Tekstilnayi Ve Ticaret AS ROCE % Chart

Koton Magazacilik Tekstilnayi Ve Ticaret AS Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

39.00

65.49

69.36

Koton Magazacilik Tekstilnayi Ve Ticaret AS Semi-Annual Data
	Dec21	Dec22	Dec23
ROCE %	39.00	65.49	69.36

Koton Magazacilik Tekstilnayi Ve Ticaret AS ROCE % Calculation

Koton Magazacilik Tekstilnayi 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 )
	=	3833.217	/	( ( (12940.139 - 7940.415)	+	(12287.835 - 6234.067) )	/ 2 )
	=	3833.217	/	( (4999.724	+	6053.768)	/ 2 )
	=	3833.217	/	5526.746
	=	69.36 %

Koton Magazacilik Tekstilnayi Ve Ticaret AS's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	3833.217	/	( ( (12940.139 - 7940.415)	+	(12287.835 - 6234.067) )	/ 2 )
	=	3833.217	/	( ( 4999.724	+	6053.768 )	/ 2 )
	=	3833.217	/	5526.746
	=	69.36 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) 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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS ROCE % Related Terms

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Koton Magazacilik Tekstilnayi Ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Koton Magazacilik Tekstil Sanayi Ve Ticaret AS (IST:KOTON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ayazaga Street, No:3, Ic Kapi No:5, Ayazaga District, Istanbul, TUR

Website

https://www.kurumsal.koton.com.tr

Koton Magazacilik Tekstil Sanayi Ve Ticaret AS is a Fashion company that has grown into a regional retail ready-to-wear company that designs and sells Koton branded products in four continents. Its field of activity is to design and produce all kinds of textile and accessory products and to sell stores (retail sales) operated by itself or by Franchisees at home and abroad, through its website koton.com and the Company's mobile application. e-commerce channel, including local and international online marketplaces.

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