Umpas Holding AS (IST:UMPAS) ROCE % : -31.31% (As of Dec. 2018)

View and export this data going back to 2015. Start your Free Trial

What is Umpas 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. Umpas Holding AS's annualized ROCE % for the quarter that ended in Dec. 2018 was -31.31%.

Umpas Holding AS ROCE % Historical Data

The historical data trend for Umpas 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.

* Premium members only.

Umpas Holding AS ROCE % Chart

Umpas Holding AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

Get a 7-Day Free Trial

10.27

21.84

5.06

20.06

-13.02

Umpas Holding AS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
ROCE %	Get a 7-Day Free Trial					7.41	24.98	13.24	2.81	-31.31

Umpas Holding AS ROCE % Calculation

Umpas Holding AS's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-18.247	/	( ( (326.032 - 159.223)	+	(311.014 - 197.555) )	/ 2 )
	=	-18.247	/	( (166.809	+	113.459)	/ 2 )
	=	-18.247	/	140.134
	=	-13.02 %

Umpas Holding AS's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2018 )		(Q: Jun. 2018 )		(Q: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2018 )		(Q: Jun. 2018 )		(Q: Dec. 2018 )
	=	-40.922	/	( ( (339.388 - 191.456)	+	(311.014 - 197.555) )	/ 2 )
	=	-40.922	/	( ( 147.932	+	113.459 )	/ 2 )
	=	-40.922	/	130.6955
	=	-31.31 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2018) EBIT data.

Umpas Holding AS (IST:UMPAS) 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.

Umpas Holding AS ROCE % Related Terms

Thank you for viewing the detailed overview of Umpas Holding AS's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Umpas Holding AS (IST:UMPAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Umpas Holding AS (IST:UMPAS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kome Mahallesi Taslak Sokak Number 9, Usak, TUR

Website

http://www.umpasholding.com.tr

Umpas Holding AS is an investment company. The company through its subsidaries operates in different sectors such as food, machinery, ceramics, construction, retail and shopping centers.

Umpas Holding AS (IST:UMPAS) Headlines

No Headlines