GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) » Definitions » ROCE %

Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) ROCE % : 82.07% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Kustur Kusadasi Turizm Endustrisi 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. Kustur Kusadasi Turizm Endustrisi AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 82.07%.


Kustur Kusadasi Turizm Endustrisi AS ROCE % Historical Data

The historical data trend for Kustur Kusadasi Turizm Endustrisi 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.

Kustur Kusadasi Turizm Endustrisi AS ROCE % Chart

Kustur Kusadasi Turizm Endustrisi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.62 -0.13 34.73 39.31 32.87

Kustur Kusadasi Turizm Endustrisi AS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.79 23.89 73.51 22.58 82.07

Kustur Kusadasi Turizm Endustrisi AS ROCE % Calculation

Kustur Kusadasi Turizm Endustrisi 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 )
=132.752/( ( (416.574 - 42.496) + (449.923 - 16.185) )/ 2 )
=132.752/( (374.078+433.738)/ 2 )
=132.752/403.908
=32.87 %

Kustur Kusadasi Turizm Endustrisi 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: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=213.49/( ( (153.428 - 66.873) + (449.923 - 16.185) )/ 2 )
=213.49/( ( 86.555 + 433.738 )/ 2 )
=213.49/260.1465
=82.07 %

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


Kustur Kusadasi Turizm Endustrisi AS  (IST:KSTUR) 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.


Kustur Kusadasi Turizm Endustrisi AS ROCE % Related Terms

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


Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) Business Description

Traded in Other Exchanges
N/A
Address
Bayraklidede Mah Ku?tur Tatil, Köyü, Ku?adas?, Aydin, TUR, 09400
Kustur Kusadasi Turizm Endustrisi A.S., is a club. The Company provides tourists, recreation, entertainment and other needs and services.

Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) Headlines

No Headlines