Tat Gidanayi AS (IST:TATGD) ROCE % : 40.35% (As of Dec. 2024)

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What is Tat Gidanayi 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. Tat Gidanayi AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 40.35%.

Tat Gidanayi AS ROCE % Historical Data

The historical data trend for Tat Gidanayi 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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Tat Gidanayi AS ROCE % Chart

Tat Gidanayi AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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16.98

21.15

26.80

26.12

14.73

Tat Gidanayi AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-4.70	17.34	0.16	13.36	40.35

Tat Gidanayi AS ROCE % Calculation

Tat Gidanayi 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 )
	=	644.684	/	( ( (9539.945 - 4641.069)	+	(7699.039 - 3846.902) )	/ 2 )
	=	644.684	/	( (4898.876	+	3852.137)	/ 2 )
	=	644.684	/	4375.5065
	=	14.73 %

Tat Gidanayi 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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1501.832	/	( ( (7860.249 - 4267.442)	+	(7699.039 - 3846.902) )	/ 2 )
	=	1501.832	/	( ( 3592.807	+	3852.137 )	/ 2 )
	=	1501.832	/	3722.472
	=	40.35 %

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

Tat Gidanayi AS (IST:TATGD) 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.

Tat Gidanayi AS ROCE % Related Terms

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Tat Gidanayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tat Gida Sanayi AS (IST:TATGD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tasdelen Mahallesi Sirri Celik Bulvari No. 7, Cekmekoy, Istanbul, TUR, 34788

Website

https://www.tatgida.com

Tat Gida Sanayi AS is involved in the food sector. The company is engaged in production, distribution, marketing, the domestic and foreign trade of food, beverage, juice, agricultural and animal products, frozen foods, dried goods, sweet and sugar free juice and canned goods. Its segments include Tomato paste and canned foods; and Milk and dairy products. The company generates maximum revenue from the Milk and dairy products segment.

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