Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS (IST:OBASE) ROCE % : -6.26% (As of Sep. 2024)

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What is Obase Bilgisayar ve Danismanlik Hizmetleri 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. Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's annualized ROCE % for the quarter that ended in Sep. 2024 was -6.26%.

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS ROCE % Historical Data

The historical data trend for Obase Bilgisayar ve Danismanlik Hizmetleri 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.

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Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS ROCE % Chart

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

14.76

20.83

21.27

-1.71

-8.34

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial											-59.69	17.28	6.25	-10.49	-6.26

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS ROCE % Calculation

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-39.061	/	( ( (662.939 - 176.783)	+	(626.904 - 176.281) )	/ 2 )
	=	-39.061	/	( (486.156	+	450.623)	/ 2 )
	=	-39.061	/	468.3895
	=	-8.34 %

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-33.124	/	( ( (751.729 - 226.405)	+	(774.623 - 241.943) )	/ 2 )
	=	-33.124	/	( ( 525.324	+	532.68 )	/ 2 )
	=	-33.124	/	529.002
	=	-6.26 %

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

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS (IST:OBASE) 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.

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS ROCE % Related Terms

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Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS (IST:OBASE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saray Mah. Site Yolu caddesi, Enkay Plaza, A Blok No:18 K:3, Umraniye, Istanbul, TUR, 34768

Website

https://www.obase.com

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS is a software and consulting company. The company offers analytical solutions to manage inventory and supply chain processes, to get real-time insights, and data-driven management support services. It serves Retail, Telecom, Transportation & Logistics, Finance, Manufacturing, Government, and Pharmaceutical industries.

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