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Gediz Ambalajnayi ve Ticaret AS (IST:GEDZA) ROE % : -6.95% (As of Mar. 2024)


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What is Gediz Ambalajnayi ve Ticaret AS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gediz Ambalajnayi ve Ticaret AS's annualized net income for the quarter that ended in Mar. 2024 was ₺-41.3 Mil. Gediz Ambalajnayi ve Ticaret AS's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₺594.0 Mil. Therefore, Gediz Ambalajnayi ve Ticaret AS's annualized ROE % for the quarter that ended in Mar. 2024 was -6.95%.

The historical rank and industry rank for Gediz Ambalajnayi ve Ticaret AS's ROE % or its related term are showing as below:

IST:GEDZA' s ROE % Range Over the Past 10 Years
Min: -5.51   Med: 14.39   Max: 69.91
Current: 10.32

During the past 5 years, Gediz Ambalajnayi ve Ticaret AS's highest ROE % was 69.91%. The lowest was -5.51%. And the median was 14.39%.

IST:GEDZA's ROE % is ranked better than
73.91% of 1537 companies
in the Chemicals industry
Industry Median: 4.99 vs IST:GEDZA: 10.32

Gediz Ambalajnayi ve Ticaret AS ROE % Historical Data

The historical data trend for Gediz Ambalajnayi ve Ticaret AS's ROE % 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.

Gediz Ambalajnayi ve Ticaret AS ROE % Chart

Gediz Ambalajnayi ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec21 Dec22 Dec23
ROE %
14.62 10.15 69.91 -5.51 14.39

Gediz Ambalajnayi ve Ticaret AS Quarterly Data
Jun13 Sep13 Dec13 Jun14 Sep14 Dec14 Sep15 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % 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 81.40 60.11 51.06 -23.22 -6.95

Competitive Comparison of Gediz Ambalajnayi ve Ticaret AS's ROE %

For the Specialty Chemicals subindustry, Gediz Ambalajnayi ve Ticaret AS's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gediz Ambalajnayi ve Ticaret AS's ROE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gediz Ambalajnayi ve Ticaret AS's ROE % distribution charts can be found below:

* The bar in red indicates where Gediz Ambalajnayi ve Ticaret AS's ROE % falls into.


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Gediz Ambalajnayi ve Ticaret AS ROE % Calculation

Gediz Ambalajnayi ve Ticaret AS's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=74.738/( (482.178+556.323)/ 2 )
=74.738/519.2505
=14.39 %

Gediz Ambalajnayi ve Ticaret AS's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-41.304/( (556.323+631.709)/ 2 )
=-41.304/594.016
=-6.95 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Gediz Ambalajnayi ve Ticaret AS  (IST:GEDZA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-41.304/594.016
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-41.304 / 730.24)*(730.24 / 882.1285)*(882.1285 / 594.016)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.66 %*0.8278*1.485
=ROA %*Equity Multiplier
=-4.69 %*1.485
=-6.95 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-41.304/594.016
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-41.304 / 60.084) * (60.084 / 198.076) * (198.076 / 730.24) * (730.24 / 882.1285) * (882.1285 / 594.016)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.6874 * 0.3033 * 27.12 % * 0.8278 * 1.485
=-6.95 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Gediz Ambalajnayi ve Ticaret AS ROE % Related Terms

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Gediz Ambalajnayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Highway 3 Km, Kutahya, Gediz, TUR, 43600
Gediz Ambalaj Sanayi ve Ticaret AS is a manufacturer of corrugated polypropylene (PP) sheet in Turkey. Its PP sheets are used in various applications, such as separators, white appliances and electronics, automotive products, logistic products, iron works, stationery products, project bags, magazine boxes, archive boxes, vegetable and fruit boxes, multipurpose boxes, recycling bins, signboards and stands, agricultural products, flower boxes, pet kennels, beehives, greenhouses, sapling shield products, and building and isolation products.

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