Mogan Enerji Yatirim Holding AS (IST:MOGAN) ROCE % : -5.56% (As of Mar. 2024)

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What is Mogan Enerji Yatirim Holding 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. Mogan Enerji Yatirim Holding AS's annualized ROCE % for the quarter that ended in Mar. 2024 was -5.56%.

Mogan Enerji Yatirim Holding AS ROCE % Historical Data

The historical data trend for Mogan Enerji Yatirim Holding 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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Mogan Enerji Yatirim Holding AS ROCE % Chart

Mogan Enerji Yatirim Holding AS Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

3.52

5.91

8.58

Mogan Enerji Yatirim Holding AS Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			-	9.77	20.52	-	-5.56

Mogan Enerji Yatirim Holding AS ROCE % Calculation

Mogan Enerji Yatirim Holding AS's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	4251.866	/	( ( (49005.296 - 4558.96)	+	(62297.468 - 7621.028) )	/ 2 )
	=	4251.866	/	( (44446.336	+	54676.44)	/ 2 )
	=	4251.866	/	49561.388
	=	8.58 %

Mogan Enerji Yatirim Holding AS's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-4028.788	/	( ( (65560.595 - 9451.308)	+	(99980.963 - 11046.286) )	/ 2 )
	=	-4028.788	/	( ( 56109.287	+	88934.677 )	/ 2 )
	=	-4028.788	/	72521.982
	=	-5.56 %

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

Mogan Enerji Yatirim Holding AS (IST:MOGAN) 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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Mogan Enerji Yatirim Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mogan Enerji Yatirim Holding AS (IST:MOGAN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ankara Cad. No:222, Gaziosmanpa?a Mah, Golbasi, Ankara, TUR

Website

https://www.mogan.com.tr

Mogan Enerji Yatirim Holding AS is a company operating in the energy sector through its renewable energy plants, plays a significant role in carbon emission trading. The company which has directed its investments towards renewable energy plants, includes Geothermal Power Plants, Hydroelectric Power Plants, and Wind Power Plants.

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