Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) ROCE % : -10.48% (As of Dec. 2018)

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What is Mensa Sinai Ticari Mali Yatirimlar A.S. 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. Mensa Sinai Ticari Mali Yatirimlar A.S.'s annualized ROCE % for the quarter that ended in Dec. 2018 was -10.48%.

Mensa Sinai Ticari Mali Yatirimlar A.S. ROCE % Historical Data

The historical data trend for Mensa Sinai Ticari Mali Yatirimlar A.S.'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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Mensa Sinai Ticari Mali Yatirimlar A.S. ROCE % Chart

Mensa Sinai Ticari Mali Yatirimlar A.S. Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec17

Dec18

ROCE %

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-7.28

-13.91

-0.71

-3.19

-10.48

Mensa Sinai Ticari Mali Yatirimlar A.S. Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec17	Dec18
ROCE %	Get a 7-Day Free Trial			-7.28	-13.91	-0.71	-3.19	-10.48

Mensa Sinai Ticari Mali Yatirimlar A.S. ROCE % Calculation

Mensa Sinai Ticari Mali Yatirimlar A.S.'s annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-15.139	/	( ( (198.845 - 9.011)	+	(190.138 - 91.057) )	/ 2 )
	=	-15.139	/	( (189.834	+	99.081)	/ 2 )
	=	-15.139	/	144.4575
	=	-10.48 %

Mensa Sinai Ticari Mali Yatirimlar A.S.'s ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2018 )		(Q: Dec. 2017 )		(Q: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2018 )		(Q: Dec. 2017 )		(Q: Dec. 2018 )
	=	-15.139	/	( ( (198.845 - 9.011)	+	(190.138 - 91.057) )	/ 2 )
	=	-15.139	/	( ( 189.834	+	99.081 )	/ 2 )
	=	-15.139	/	144.4575
	=	-10.48 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2018) EBIT data.

Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) 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.

Mensa Sinai Ticari Mali Yatirimlar A.S. ROCE % Related Terms

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Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Mehmet Ozmen Nesih Precious Quarter Street No: 27, Ors Business Centre Floor: 1 Apartment 4 / B Merter, Gungoren, Istanbul, TUR, 01323

Website

http://www.mensa.com.tr

Mensa Sinai Ticari Mali Yatirimlar AS produces cotton, polyester, linen, viscose fabrics and other textile products. The company sells in Turkey and exports to various retail chain stores.

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