Mega Metalnayi ve Ticaret AS (IST:MEGMT) ROCE % : 13.20% (As of Dec. 2024)

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

What is Mega Metalnayi 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. Mega Metalnayi ve Ticaret AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.20%.

Mega Metalnayi ve Ticaret AS ROCE % Historical Data

The historical data trend for Mega Metalnayi 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.

* Premium members only.

Mega Metalnayi ve Ticaret AS ROCE % Chart

Mega Metalnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

11.32

13.64

27.15

25.04

19.76

Mega Metalnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							18.07	32.48	20.15	11.65	13.20

Mega Metalnayi ve Ticaret AS ROCE % Calculation

Mega Metalnayi ve Ticaret 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 )
	=	757.32	/	( ( (6857.856 - 3502.029)	+	(8850.113 - 4539.586) )	/ 2 )
	=	757.32	/	( (3355.827	+	4310.527)	/ 2 )
	=	757.32	/	3833.177
	=	19.76 %

Mega Metalnayi ve Ticaret 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 )
	=	569.996	/	( ( (9031.219 - 4707.2)	+	(8850.113 - 4539.586) )	/ 2 )
	=	569.996	/	( ( 4324.019	+	4310.527 )	/ 2 )
	=	569.996	/	4317.273
	=	13.20 %

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

Mega Metalnayi ve Ticaret AS (IST:MEGMT) 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.

Mega Metalnayi ve Ticaret AS ROCE % Related Terms

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

Mega Metalnayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mega Metal Sanayi ve Ticaret AS (IST:MEGMT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kayseri OSB District 12, Cadde No: 61, Kayseri, TUR

Website

https://www.megametal.com.tr

Mega Metal Sanayi ve Ticaret AS is a company produces electrolytic copper wire with conductive properties for low current in its production facilities located in Kayseri OSB with an annual melting capacity of forty eight thousand tons. The copper wire that makes up the products produced by Mega Metal is in the form of oxygen-free electrolytic copper wire with low current sectors. The products produced by the company are produced as bare or tin alloyed. The product range is generally bare or tinned which consists of Mono Wire, Multi-Wire Products, Stranded Wires and Coil Wires. The products it produces are used in various sectors such as electrical, electronics, communications, energy, defense and automotive industries.

Mega Metalnayi ve Ticaret AS Headlines

No Headlines