GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Koza Anadolu Metal Madencilik Isletmeleri AS (IST:KOZAA) » Definitions » ROE %

Koza Anadolu Metal Madencilik Isletmeleri AS (IST:KOZAA) ROE % : -59.40% (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Koza Anadolu Metal Madencilik Isletmeleri AS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Koza Anadolu Metal Madencilik Isletmeleri AS's annualized net income for the quarter that ended in Dec. 2023 was ₺-6,208 Mil. Koza Anadolu Metal Madencilik Isletmeleri AS's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₺10,451 Mil. Therefore, Koza Anadolu Metal Madencilik Isletmeleri AS's annualized ROE % for the quarter that ended in Dec. 2023 was -59.40%.

The historical rank and industry rank for Koza Anadolu Metal Madencilik Isletmeleri AS's ROE % or its related term are showing as below:

IST:KOZAA' s ROE % Range Over the Past 10 Years
Min: -19.84   Med: 11.26   Max: 32.12
Current: 3.77

During the past 13 years, Koza Anadolu Metal Madencilik Isletmeleri AS's highest ROE % was 32.12%. The lowest was -19.84%. And the median was 11.26%.

IST:KOZAA's ROE % is ranked better than
83.51% of 2468 companies
in the Metals & Mining industry
Industry Median: -15.815 vs IST:KOZAA: 3.77

Koza Anadolu Metal Madencilik Isletmeleri AS ROE % Historical Data

The historical data trend for Koza Anadolu Metal Madencilik Isletmeleri 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.

Koza Anadolu Metal Madencilik Isletmeleri AS ROE % Chart

Koza Anadolu Metal Madencilik Isletmeleri AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.12 21.70 29.98 -19.84 2.71

Koza Anadolu Metal Madencilik Isletmeleri AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -122.28 24.64 34.76 37.97 -59.40

Competitive Comparison of Koza Anadolu Metal Madencilik Isletmeleri AS's ROE %

For the Other Industrial Metals & Mining subindustry, Koza Anadolu Metal Madencilik Isletmeleri 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.


Koza Anadolu Metal Madencilik Isletmeleri AS's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Koza Anadolu Metal Madencilik Isletmeleri AS's ROE % distribution charts can be found below:

* The bar in red indicates where Koza Anadolu Metal Madencilik Isletmeleri AS's ROE % falls into.



Koza Anadolu Metal Madencilik Isletmeleri AS ROE % Calculation

Koza Anadolu Metal Madencilik Isletmeleri 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 )
=363.327/( (13650.881+13175.194)/ 2 )
=363.327/13413.0375
=2.71 %

Koza Anadolu Metal Madencilik Isletmeleri AS's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-6208.38/( (7727.531+13175.194)/ 2 )
=-6208.38/10451.3625
=-59.40 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Koza Anadolu Metal Madencilik Isletmeleri AS  (IST:KOZAA) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-6208.38/10451.3625
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6208.38 / 12908.736)*(12908.736 / 22538.2085)*(22538.2085 / 10451.3625)
=Net Margin %*Asset Turnover*Equity Multiplier
=-48.09 %*0.5727*2.1565
=ROA %*Equity Multiplier
=-27.54 %*2.1565
=-59.40 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-6208.38/10451.3625
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6208.38 / -20737.144) * (-20737.144 / -1487.416) * (-1487.416 / 12908.736) * (12908.736 / 22538.2085) * (22538.2085 / 10451.3625)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2994 * 13.9417 * -11.52 % * 0.5727 * 2.1565
=-59.40 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Koza Anadolu Metal Madencilik Isletmeleri AS ROE % Related Terms

Thank you for viewing the detailed overview of Koza Anadolu Metal Madencilik Isletmeleri AS's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Koza Anadolu Metal Madencilik Isletmeleri AS (IST:KOZAA) Business Description

Traded in Other Exchanges
N/A
Address
?stanbul Yolu, 10.km No:310, Ankara, Cankaya, Batikent, TUR
Koza Anadolu Metal Madencilik Isletmeleri AS operates in the mining sector in Turkey. The firm engages in the development and exploration of copper, lead-zinc, iron and similar mineral mining reserves. It holds interests in the Balikesir-Sagirlar Project, Çiftehan-Esendemir Project, Çiftehan-Elmali Project, Konak Project, Diyarbakir-Çüngüs Project, and Batman-Sason Project.

Koza Anadolu Metal Madencilik Isletmeleri AS (IST:KOZAA) Headlines

No Headlines