Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) ROCE % : 59.92% (As of Dec. 2022)

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What is Sarkuysan Elektrolitik Bakirnayi 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. Sarkuysan Elektrolitik Bakirnayi AS's annualized ROCE % for the quarter that ended in Dec. 2022 was 59.92%.

Sarkuysan Elektrolitik Bakirnayi AS ROCE % Historical Data

The historical data trend for Sarkuysan Elektrolitik Bakirnayi 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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Sarkuysan Elektrolitik Bakirnayi AS ROCE % Chart

Sarkuysan Elektrolitik Bakirnayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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30.93

23.32

34.71

51.00

59.92

Sarkuysan Elektrolitik Bakirnayi AS Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
ROCE %	Get a 7-Day Free Trial										30.93	23.32	34.71	51.00	59.92

Sarkuysan Elektrolitik Bakirnayi AS ROCE % Calculation

Sarkuysan Elektrolitik Bakirnayi 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 )
	=	1675.671	/	( ( (5740.845 - 3447.313)	+	(8699.75 - 5399.936) )	/ 2 )
	=	1675.671	/	( (2293.532	+	3299.814)	/ 2 )
	=	1675.671	/	2796.673
	=	59.92 %

Sarkuysan Elektrolitik Bakirnayi AS's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	1675.671	/	( ( (5740.845 - 3447.313)	+	(8699.75 - 5399.936) )	/ 2 )
	=	1675.671	/	( ( 2293.532	+	3299.814 )	/ 2 )
	=	1675.671	/	2796.673
	=	59.92 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) 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.

Sarkuysan Elektrolitik Bakirnayi AS ROCE % Related Terms

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Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sarkuysan Elektrolitik Bakir Sanayi AS (IST:SARKY) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Emek Mahallesi Asiroglu Caddesi No. 147, Kocaeli, Darica, TUR, 41700

Website

http://www.sarkuysan.com

Sarkuysan Elektrolitik Bakir Sanayi AS engages in the production and trading of electrolytic copper wire and alloy. It operates through the following segments: Copper, Enameled Copper Wire, CTC Wire, Spools, Machinery, and Other. The company generates maximum revenue from the Copper segment. Its products include a cathode, wire rod, electrolytic tough pitch, and deoxidized high phosphorus with billet, single wire, multi-wire, bunched conductors, flat wire, overhead catenary system wires, copper tube, and busbar, and copper nugget.

Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Headlines

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