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Oba Makarnaciliknayi ve Ticaret AS (IST:OBAMS) ROCE % : 0.00% (As of Sep. 2023)


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What is Oba Makarnaciliknayi 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. Oba Makarnaciliknayi ve Ticaret AS's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Oba Makarnaciliknayi ve Ticaret AS ROCE % Historical Data

The historical data trend for Oba Makarnaciliknayi 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.

Oba Makarnaciliknayi ve Ticaret AS ROCE % Chart

Oba Makarnaciliknayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
34.94 74.18 35.65

Oba Makarnaciliknayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23
ROCE % - - - 7.02 -

Oba Makarnaciliknayi ve Ticaret AS ROCE % Calculation

Oba Makarnaciliknayi ve Ticaret 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 )
=410.114/( ( (1904.687 - 964.667) + (4385.838 - 3025.384) )/ 2 )
=410.114/( (940.02+1360.454)/ 2 )
=410.114/1150.237
=35.65 %

Oba Makarnaciliknayi ve Ticaret AS's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Dec. 2022 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Dec. 2022 )(Q: Sep. 2023 )
=0/( ( (4385.838 - 3025.384) + (6611.492 - 3746.993) )/ 2 )
=0/( ( 1360.454 + 2864.499 )/ 2 )
=0/2112.4765
=0.00 %

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

Oba Makarnaciliknayi ve Ticaret AS  (IST:OBAMS) 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.

Oba Makarnaciliknayi ve Ticaret AS ROCE % Related Terms

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Oba Makarnaciliknayi ve Ticaret AS (IST:OBAMS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Oba Makarnacilik Sanayi ve Ticaret AS (IST:OBAMS) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
N/A
Address
No.4. Organize Sanayi Bolgesi, 83422 Nolu Sehitkamil Gaziantep, Bolgesi, TUR, 27110
Website
https://www.obamakarna.com.tr
Oba Makarnacilik Sanayi ve Ticaret AS is engaged in the food sector. The Company operates in the pasta, noodle, flour, semolina, and wheat products food sector. The Company is also engaged in the purchase and sale of grains (wheat) as a commercial activity. The Company carries out its production activities in Gaziantep Plant and Hendek Plant.

Oba Makarnaciliknayi ve Ticaret AS (IST:OBAMS) Headlines

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