Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi (IST:SURGY) ROCE % : 17.82% (As of Jun. 2024)

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What is Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi 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. Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi's annualized ROCE % for the quarter that ended in Jun. 2024 was 17.82%.

Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi ROCE % Historical Data

The historical data trend for Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi'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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Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi ROCE % Chart

Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Annual Data

Trend

Dec22

Dec23

ROCE %

20.24

Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Quarterly Data
	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial			14.06	144.47	-	-13.13	17.82

Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi ROCE % Calculation

Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi'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 )
	=	909.167	/	( ( (3305.331 - 48.14)	+	(5772.974 - 47.073) )	/ 2 )
	=	909.167	/	( (3257.191	+	5725.901)	/ 2 )
	=	909.167	/	4491.546
	=	20.24 %

Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	1245.832	/	( ( (6591.062 - 59.7)	+	(7526.022 - 76.439) )	/ 2 )
	=	1245.832	/	( ( 6531.362	+	7449.583 )	/ 2 )
	=	1245.832	/	6990.4725
	=	17.82 %

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

Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi (IST:SURGY) 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.

Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi ROCE % Related Terms

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Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi (IST:SURGY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Burhaniye Mah. Burhaniye, Abdullahaga Cad. Suryapi, Blok No: 21 Ic Kapi No: 1 Uskudar, Istanbul, TUR

Website

https://www.surtatilevlerigyo.com.tr

Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi is a company that carries out all kinds of construction contracting works which is to construct and sell residences, workplaces and commercial buildings, also to purchase land and plots for one's own account, and to build buildings in return for flats on these or on lands belonging to others.

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