Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) ROCE % : 14.17% (As of Mar. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Turkiye Sise ve Cam Fabrikalari 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. Turkiye Sise ve Cam Fabrikalari AS's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.17%.

Turkiye Sise ve Cam Fabrikalari AS ROCE % Historical Data

The historical data trend for Turkiye Sise ve Cam Fabrikalari 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.

Turkiye Sise ve Cam Fabrikalari AS ROCE % Chart

Turkiye Sise ve Cam Fabrikalari AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.45

14.27

23.09

21.50

14.35

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															25.27	24.60	20.34	20.73	14.17

Turkiye Sise ve Cam Fabrikalari AS ROCE % Calculation

Turkiye Sise ve Cam Fabrikalari 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 )
	=	32629.591	/	( ( (288985.246 - 58609.48)	+	(291211.843 - 66721.873) )	/ 2 )
	=	32629.591	/	( (230375.766	+	224489.97)	/ 2 )
	=	32629.591	/	227432.868
	=	14.35 %

Turkiye Sise ve Cam Fabrikalari AS's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	33778.296	/	( ( (291211.843 - 66721.873)	+	(323097.155 - 70774.385) )	/ 2 )
	=	33778.296	/	( ( 224489.97	+	252322.77 )	/ 2 )
	=	33778.296	/	238406.37
	=	14.17 %

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

Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) 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.

Turkiye Sise ve Cam Fabrikalari AS ROCE % Related Terms

Thank you for viewing the detailed overview of Turkiye Sise ve Cam Fabrikalari AS's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947

Website

http://www.sisecam.com.tr

Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.

Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Headlines

No Headlines