Selva Gidanayi AS (IST:SELVA) ROCE % : 13.85% (As of Sep. 2024)

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What is Selva Gidanayi 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. Selva Gidanayi AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.85%.

Selva Gidanayi AS ROCE % Historical Data

The historical data trend for Selva Gidanayi 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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Selva Gidanayi AS ROCE % Chart

Selva Gidanayi AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.80

49.26

25.82

16.63

40.90

Selva Gidanayi AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															75.28	130.51	27.09	11.83	13.85

Selva Gidanayi AS ROCE % Calculation

Selva Gidanayi 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 )
	=	511.018	/	( ( (1589.796 - 430.02)	+	(1870.904 - 531.86) )	/ 2 )
	=	511.018	/	( (1159.776	+	1339.044)	/ 2 )
	=	511.018	/	1249.41
	=	40.90 %

Selva Gidanayi 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 )
	=	249.432	/	( ( (2394.814 - 670.987)	+	(2685.713 - 806.527) )	/ 2 )
	=	249.432	/	( ( 1723.827	+	1879.186 )	/ 2 )
	=	249.432	/	1801.5065
	=	13.85 %

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

Selva Gidanayi AS (IST:SELVA) 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.

Selva Gidanayi AS ROCE % Related Terms

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Selva Gidanayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Selva Gida Sanayi AS (IST:SELVA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyuk Kayacik Mah. Guzelkonak Sok. No:6, Konya Organize Sanayi Bolgesi, Selcuklu, Konya, TUR, 42050

Website

https://www.selva.com.tr

Selva Gida Sanayi AS is engaged in the manufacturing of food, beverages and tobacco. Its products include pasta, wheat flour, catering, semolina, bulgur, and other healthy products.

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