Onur Yuksek Teknoloji AS (IST:ONRYT) ROCE % : 1.10% (As of Sep. 2024)

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What is Onur Yuksek Teknoloji 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. Onur Yuksek Teknoloji AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.10%.

Onur Yuksek Teknoloji AS ROCE % Historical Data

The historical data trend for Onur Yuksek Teknoloji 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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Onur Yuksek Teknoloji AS ROCE % Chart

Onur Yuksek Teknoloji AS Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

30.64

38.85

11.42

Onur Yuksek Teknoloji AS Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial			-17.47	-	-18.82	6.16	1.10

Onur Yuksek Teknoloji AS ROCE % Calculation

Onur Yuksek Teknoloji 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 )
	=	118.753	/	( ( (1277.236 - 311.099)	+	(1371.489 - 257.765) )	/ 2 )
	=	118.753	/	( (966.137	+	1113.724)	/ 2 )
	=	118.753	/	1039.9305
	=	11.42 %

Onur Yuksek Teknoloji 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 )
	=	23.684	/	( ( (2207.827 - 162.304)	+	(2379.935 - 121.272) )	/ 2 )
	=	23.684	/	( ( 2045.523	+	2258.663 )	/ 2 )
	=	23.684	/	2152.093
	=	1.10 %

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

Onur Yuksek Teknoloji AS (IST:ONRYT) 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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Onur Yuksek Teknoloji AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Onur Yuksek Teknoloji AS (IST:ONRYT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mutlukent Mahallesi 1942. St. No: 39, Cankara, Ankara, TUR, 06800

Website

https://www.onur.net

Onur Yuksek Teknoloji AS is a Company whose main activity is the design and engineering services of high-tech electronic hardware products for mission critical voice and data communication systems to be used in military projects for both civilian and defense industry.

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