TFIG (TFI TAB Gida Yatirimlari AS) ROCE %: -16.19% (As of Dec. 2016)

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What is TFI TAB Gida Yatirimlari AS ROCE %?

TFI TAB Gida Yatirimlari AS TFIG ROCE % is -16.19% as of Dec. 2016.

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. TFI TAB Gida Yatirimlari AS's annualized ROCE % for the quarter that ended in Dec. 2016 was -16.19%.

TFI TAB Gida Yatirimlari AS  (NAS:TFIG) 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.

TFI TAB Gida Yatirimlari AS ROCE % Related Terms

TFI TAB Gida Yatirimlari AS ROCE % Historical Data

* Premium members only.

The historical data trend for TFI TAB Gida Yatirimlari 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.

TFI TAB Gida Yatirimlari AS ROCE % Chart

TFI TAB Gida Yatirimlari AS Annual Data
Trend Dec15 Dec16
ROCE %
-23.30 -16.19

TFI TAB Gida Yatirimlari AS Semi-Annual Data
Dec15 Dec16
ROCE % -23.30 -16.19

TFI TAB Gida Yatirimlari AS ROCE % Calculation

TFI TAB Gida Yatirimlari AS's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-41.275/( ( (525.627 - 276.183) + (647.192 - 386.687) )/ 2 )
=-41.275/( (249.444+260.505)/ 2 )
=-41.275/254.9745
=-16.19 %

TFI TAB Gida Yatirimlari AS's ROCE % of for the quarter that ended in Dec. 2016 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2016 )  (Q: Dec. 2015 )(Q: Dec. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2016 )  (Q: Dec. 2015 )(Q: Dec. 2016 )
=-41.275/( ( (525.627 - 276.183) + (647.192 - 386.687) )/ 2 )
=-41.275/( ( 249.444 + 260.505 )/ 2 )
=-41.275/254.9745
=-16.19 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2016) 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 -16.19% mean?
TFI TAB Gida Yatirimlari AS (TFIG) has a ROCE % of -16.19% as of Dec. 2016.
Is TFI TAB Gida Yatirimlari AS's ROCE % too high?
TFI TAB Gida Yatirimlari AS's current ROCE % is -16.19%.
How does TFI TAB Gida Yatirimlari AS's ROCE % compare to ?
TFI TAB Gida Yatirimlari AS's ROCE % of -16.19% can be compared against companies in the Restaurants industry. The industry median ROCE % is 6.47. 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 Restaurants company?
The median ROCE % among Restaurants companies is 6.47, based on 353 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. 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 Restaurants industry, the median ROCE % is 6.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFI TAB Gida Yatirimlari AS's current ROCE % is -16.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFI TAB Gida Yatirimlari AS stock overvalued right now?
TFI TAB Gida Yatirimlari AS (TFIG) has a current ROCE % of -16.19%. The current ROCE % is -16.19%. 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 TFI TAB Gida Yatirimlari AS (TFIG), the current ROCE % is -16.19% as of Dec. 2016. 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.

TFI TAB Gida Yatirimlari AS Business Description

Comparable Companies
Address Dikilitas Mah. Emirhan Cad, No:109 Atakule Besiktas, Istanbul, TUR
TFI TAB Gida Yatirimlari AS acts as a restaurant operator. The company operates a broad range of quick service restaurants, (QSRs), mainly in Turkey and China. It provides a wide spectrum of restaurant concepts, encompassing hamburger, chicken, sandwich, Italian/pizza, and Turkish QSRs. The company operates more than 600 Burger King restaurants in Turkey. It acts as a franchisee of Popeyes, Arby's and Sbarro. It has developed its own fast food brand Usta Dönerci in Turkey. The company operates its restaurant in three channels namely mall, street in-line, and freestanding and airport. It operates through Quick service restaurants segment, Ecosystem, and Other segment. The majority of the company's revenue comes from Turkey.