Sodas Sodyumnayii AS (IST:SODSN) ROCE % : 7.93% (As of Dec. 2024)

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What is Sodas Sodyumnayii 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. Sodas Sodyumnayii AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.93%.

Sodas Sodyumnayii AS ROCE % Historical Data

The historical data trend for Sodas Sodyumnayii 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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Sodas Sodyumnayii AS ROCE % Chart

Sodas Sodyumnayii AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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37.67

69.29

53.13

62.34

7.93

Sodas Sodyumnayii AS Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
ROCE %	Get a 7-Day Free Trial											37.67	69.29	53.13	62.34	7.93

Sodas Sodyumnayii AS ROCE % Calculation

Sodas Sodyumnayii AS's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	12.883	/	( ( (163.991 - 28.038)	+	(223.637 - 34.658) )	/ 2 )
	=	12.883	/	( (135.953	+	188.979)	/ 2 )
	=	12.883	/	162.466
	=	7.93 %

Sodas Sodyumnayii AS's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Dec. 2023 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Dec. 2023 )		(Q: Dec. 2024 )
	=	12.883	/	( ( (163.991 - 28.038)	+	(223.637 - 34.658) )	/ 2 )
	=	12.883	/	( ( 135.953	+	188.979 )	/ 2 )
	=	12.883	/	162.466
	=	7.93 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT data.

Sodas Sodyumnayii AS (IST:SODSN) 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.

Sodas Sodyumnayii AS ROCE % Related Terms

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Sodas Sodyumnayii AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sodas Sodyum Sanayii AS (IST:SODSN) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1476 Sokak No, 2 Aksoy Residence Ka, 13/A Daire:42, Alsancak, TUR, 34330

Website

http://www.sodas.com.tr

Sodas Sodyum Sanayii AS produces and sells sodium sulfate in Turkey. Its products are used in natural detergents, glass, and paper and textile industries.

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