Netcad Yazilim AS (IST:NETCD) ROCE %: 35.83% (As of Dec. 2024)


IST:NETCD Netcad Yazilim AS IST:NETCD
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What is Netcad Yazilim AS ROCE %?

Netcad Yazilim AS IST:NETCD -5.58% 30 ROCE % is 35.83% as of Dec. 2024. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review.

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. Netcad Yazilim AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 35.83%.

Netcad Yazilim AS  (IST:NETCD) 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.

Netcad Yazilim AS ROCE % Related Terms

Netcad Yazilim AS ROCE % Historical Data

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The historical data trend for Netcad Yazilim 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.

Netcad Yazilim AS ROCE % Chart

Netcad Yazilim AS Annual Data
Trend Dec22 Dec23 Dec24
ROCE %
24.31 25.34 35.83

Netcad Yazilim AS Semi-Annual Data
Dec22 Dec23 Dec24
ROCE % 24.31 25.34 35.83
IST:NETCD
30GF Score
Netcad Yazilim AS IST:NETCD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Netcad Yazilim AS ROCE % Calculation

Netcad Yazilim 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 )
=619.259/( ( (1673.932 - 229.431) + (2172.299 - 159.817) )/ 2 )
=619.259/( (1444.501+2012.482)/ 2 )
=619.259/1728.4915
=35.83 %

Netcad Yazilim 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: Dec. 2023 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=619.259/( ( (1673.932 - 229.431) + (2172.299 - 159.817) )/ 2 )
=619.259/( ( 1444.501 + 2012.482 )/ 2 )
=619.259/1728.4915
=35.83 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 35.83% mean?
Netcad Yazilim AS (IST:NETCD) has a ROCE % of 35.83% as of Dec. 2024.
Is Netcad Yazilim AS's ROCE % too high?
Netcad Yazilim AS's current ROCE % is 35.83%. The Software industry median ROCE % is 5.27. Netcad Yazilim AS's value of 35.83% is 579.9% above this industry median. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's ROCE % compare to CRM and SHOP?
Netcad Yazilim AS's ROCE % of 35.83% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. Netcad Yazilim AS's value of 35.83% is 579.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.27, based on 2,711 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Netcad Yazilim AS's current ROCE % of 35.83% is 579.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current ROCE % is 35.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current ROCE % of 35.83%. The current ROCE % is 35.83% and 579.9% above the Software industry median of 5.27. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Netcad Yazilim AS (IST:NETCD), the current ROCE % is 35.83% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Netcad Yazilim AS Business Description

Address Bilkent Cyber Plaza, Block B, No. 409 Cyberpark, Cankaya, Ankara, TUR, 06800
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score

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