Tekfen Holding AS (IST:TKFEN) ROCE % : 5.23% (As of Dec. 2024)

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What is Tekfen Holding 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. Tekfen Holding AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.23%.

Tekfen Holding AS ROCE % Historical Data

The historical data trend for Tekfen Holding 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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Tekfen Holding AS ROCE % Chart

Tekfen Holding AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.55

16.86

12.28

-2.93

4.50

Tekfen Holding 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															-17.43	4.37	2.60	7.90	5.23

Tekfen Holding AS ROCE % Calculation

Tekfen Holding 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 )
	=	1693.162	/	( ( (76156.764 - 39617.631)	+	(65873.8 - 27135.315) )	/ 2 )
	=	1693.162	/	( (36539.133	+	38738.485)	/ 2 )
	=	1693.162	/	37638.809
	=	4.50 %

Tekfen Holding 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 )
	=	1924.876	/	( ( (60038.384 - 25112.452)	+	(65873.8 - 27135.315) )	/ 2 )
	=	1924.876	/	( ( 34925.932	+	38738.485 )	/ 2 )
	=	1924.876	/	36832.2085
	=	5.23 %

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

Tekfen Holding AS (IST:TKFEN) 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.

Tekfen Holding AS ROCE % Related Terms

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Tekfen Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tekfen Holding AS (IST:TKFEN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kultur Mahallesi, Tekfen Sitesi, Budak Sokak, A Blok, No. 7, Ulus-Besiktas, Istanbul, TUR, 34340

Website

https://www.tekfen.com.tr

Tekfen Holding AS is a conglomerate that operates in below business lines: Engineering and Contracting; Agricultural Industry; and Investment. It generates maximum revenue from the Agricultural Industry segment. The Agricultural Industry segment is engaged in the production and sale of mineral fertilizers as well as special water soluble fertilizers and organic fertilizers. It also manufactures bags used in fertilizer packaging in its facility. Additionally, it generates biogas through the fermentation of organic wastes and electricity from biogas and also produces solid and liquid organic fertilizers from wastes that have completed the gasification process. Geographically, the company generates maximum revenue from Turkey and the rest from the CIS, the Middle East, and other regions.

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