Ulker Biskuvinayi AS (IST:ULKER) ROCE %: 20.83% (As of Mar. 2026)


IST:ULKER Ulker Biskuvi Sanayi AS IST:ULKER
87 GF Score
Price ₺102.40
GF Value ₺126.05
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ulker Biskuvinayi AS ROCE %?

Ulker Biskuvinayi AS IST:ULKER +0.20% 87 ROCE % is 20.83% as of Mar. 2026. GuruFocus rates IST:ULKER with a GF Score™ of 87/100 and a GF Value™ of ₺126.05 (Modestly Undervalued). The stock has 7 warning signs investors should review.

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. Ulker Biskuvinayi AS's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.83%.

Ulker Biskuvinayi AS  (IST:ULKER) 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.

Ulker Biskuvinayi AS ROCE % Related Terms

Ulker Biskuvinayi AS ROCE % Historical Data

* Premium members only.

The historical data trend for Ulker Biskuvinayi 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.

Ulker Biskuvinayi AS ROCE % Chart

Ulker Biskuvinayi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 19.28 24.07 26.24 13.57

Ulker Biskuvinayi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.43 13.60 18.71 6.66 20.83
IST:ULKER
87GF Score
Ulker Biskuvi Sanayi AS IST:ULKER
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ulker Biskuvinayi AS ROCE % Calculation

Ulker Biskuvinayi AS's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=12336.541/( ( (127538.13 - 37231.541) + (126866.763 - 35289.768) )/ 2 )
=12336.541/( (90306.589+91576.995)/ 2 )
=12336.541/90941.792
=13.57 %

Ulker Biskuvinayi AS's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=19878.944/( ( (126866.763 - 35289.768) + (134600.918 - 35265.258) )/ 2 )
=19878.944/( ( 91576.995 + 99335.66 )/ 2 )
=19878.944/95456.3275
=20.83 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 20.83% mean?
Ulker Biskuvinayi AS (IST:ULKER) has a ROCE % of 20.83% as of Mar. 2026.
Is Ulker Biskuvinayi AS's ROCE % too high?
Ulker Biskuvinayi AS's current ROCE % is 20.83%. The Consumer Packaged Goods industry median ROCE % is 8.78. Ulker Biskuvinayi AS's value of 20.83% is 137.4% above this industry median. Overall, Ulker Biskuvinayi AS has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulker Biskuvinayi AS's ROCE % compare to MDLZ and HSY?
Ulker Biskuvinayi AS's ROCE % of 20.83% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. Ulker Biskuvinayi AS's value of 20.83% is 137.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,938 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ulker Biskuvinayi AS's current ROCE % of 20.83% is 137.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulker Biskuvinayi AS's current ROCE % is 20.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulker Biskuvinayi AS stock overvalued right now?
Based on GuruFocus' analysis, Ulker Biskuvinayi AS (IST:ULKER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺126.05, compared to a current price of ₺102.40 — trading 18.8% below its estimated fair value. The current ROCE % is 20.83% and 137.4% above the Consumer Packaged Goods industry median of 8.78. Ulker Biskuvinayi AS's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Ulker Biskuvinayi AS (IST:ULKER), the current ROCE % is 20.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ulker Biskuvinayi AS (IST:ULKER) Overvalued in 2026?

Based on GuruFocus' analysis, Ulker Biskuvinayi AS stock appears to be undervalued. The current stock price of ₺102.40 is trading 18.8% below its estimated GF Value™ of ₺126.05. GuruFocus considers Ulker Biskuvinayi AS to be Modestly Undervalued.

Key valuation signals for IST:ULKER:

  • ROCE %: 20.83%
  • GF Value™: ₺126.05 vs. price of ₺102.40 (18.8% below fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 137.4% above the Consumer Packaged Goods median

No single metric tells the full story. See the IST:ULKER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ulker Biskuvinayi AS Business Description

Other Exchanges UELKY:USA
Address Kysykly Mah. Ferah Cad. No:1, Buyuk Camlyca, Uskudar, Istanbul, TUR, 34692
Ulker Biskuvi Sanayi AS is engaged in manufacturing marketing, and sale of biscuits, chocolate-coated biscuits, wafers, cakes, and chocolate. The brands of the company include Ulker, Alpella, Albeni, Dido, Laviva, Cocostar, Godiva, Piko, Buklet, and others. Substantially all of the remaining revenue is from cake sales. The company earns majority of its revenue from domestic market.
87GF Score

Get the complete analysis for IST:ULKER

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺102.40
Price
₺126.05
GF Value