Tatlipinar Enerji Uretim AS (IST:TATEN) ROCE % : 29.15% (As of Dec. 2022)

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What is Tatlipinar Enerji Uretim 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. Tatlipinar Enerji Uretim AS's annualized ROCE % for the quarter that ended in Dec. 2022 was 29.15%.

Tatlipinar Enerji Uretim AS ROCE % Historical Data

The historical data trend for Tatlipinar Enerji Uretim 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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Tatlipinar Enerji Uretim AS ROCE % Chart

Tatlipinar Enerji Uretim AS Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

0.74

29.33

29.15

Tatlipinar Enerji Uretim AS Semi-Annual Data
	Dec20	Dec21	Dec22
ROCE %	0.74	29.33	29.15

Tatlipinar Enerji Uretim AS ROCE % Calculation

Tatlipinar Enerji Uretim AS's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	570.065	/	( ( (1688.37 - 301.946)	+	(2693.769 - 169.204) )	/ 2 )
	=	570.065	/	( (1386.424	+	2524.565)	/ 2 )
	=	570.065	/	1955.4945
	=	29.15 %

Tatlipinar Enerji Uretim AS's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	570.065	/	( ( (1688.37 - 301.946)	+	(2693.769 - 169.204) )	/ 2 )
	=	570.065	/	( ( 1386.424	+	2524.565 )	/ 2 )
	=	570.065	/	1955.4945
	=	29.15 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Tatlipinar Enerji Uretim AS (IST:TATEN) 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.

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Tatlipinar Enerji Uretim AS (IST:TATEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tatlipinar Enerji Uretim AS (IST:TATEN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Barbaros Mah. Ihlamur Bulvari, No:4B D:1 Ata?ehir, Istanbul, TUR

Website

https://www.tatlipinarenerji.com.tr

Tatlipinar Enerji Uretim AS is an Turkey based renewable energy producing corporation which aims in reducing foreign dependency in energy by using domestic and clean energy resources in the most efficient way.

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