Seker Yatirim Menkul Degerler AS (IST:SKYMD) ROCE % : 9.62% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Seker Yatirim Menkul Degerler 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. Seker Yatirim Menkul Degerler AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.62%.

Seker Yatirim Menkul Degerler AS ROCE % Historical Data

The historical data trend for Seker Yatirim Menkul Degerler 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.

Seker Yatirim Menkul Degerler AS ROCE % Chart

Seker Yatirim Menkul Degerler AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

47.52

76.82

37.39

27.08

Seker Yatirim Menkul Degerler AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial			-	46.29	-	89.61	9.62

Seker Yatirim Menkul Degerler AS ROCE % Calculation

Seker Yatirim Menkul Degerler 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 )
	=	173.34	/	( ( (2534.514 - 2046.341)	+	(2010.083 - 1217.989) )	/ 2 )
	=	173.34	/	( (488.173	+	792.094)	/ 2 )
	=	173.34	/	640.1335
	=	27.08 %

Seker Yatirim Menkul Degerler AS's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	58.356	/	( ( (1495.488 - 1074.54)	+	(2010.083 - 1217.989) )	/ 2 )
	=	58.356	/	( ( 420.948	+	792.094 )	/ 2 )
	=	58.356	/	606.521
	=	9.62 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Seker Yatirim Menkul Degerler AS (IST:SKYMD) 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.

Seker Yatirim Menkul Degerler AS ROCE % Related Terms

Thank you for viewing the detailed overview of Seker Yatirim Menkul Degerler AS's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Seker Yatirim Menkul Degerler AS (IST:SKYMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Seker Yatirim Menkul Degerler AS (IST:SKYMD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Cad. No:171, Metrocity A Blok Kat:4-5 Esentepe, Sisli, Istanbul, TUR

Website

https://www.sekeryatirim.com.tr

Seker Yatirim Menkul Degerler AS is an investment company which offers serves as an broad authorized Intermediary Institution such as Trading Intermediary Operations, Portfolio Intermediary Operations, Individual Portfolio Management Activities, Investment Advisory, and IPO Intermediary through underwriting, Limited and General Custody Services.

Seker Yatirim Menkul Degerler AS (IST:SKYMD) Headlines

No Headlines