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Anadolu Anonim Turk Sigorta Sirketi (IST:ANSGR) ROIC % : 26.88% (As of Dec. 2024)


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What is Anadolu Anonim Turk Sigorta Sirketi ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Anadolu Anonim Turk Sigorta Sirketi's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was 26.88%.

As of today (2025-04-01), Anadolu Anonim Turk Sigorta Sirketi's WACC % is 12.49%. Anadolu Anonim Turk Sigorta Sirketi's ROIC % is 26.47% (calculated using TTM income statement data). Anadolu Anonim Turk Sigorta Sirketi generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Anadolu Anonim Turk Sigorta Sirketi ROIC % Historical Data

The historical data trend for Anadolu Anonim Turk Sigorta Sirketi's ROIC % 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.

Anadolu Anonim Turk Sigorta Sirketi ROIC % Chart

Anadolu Anonim Turk Sigorta Sirketi Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.27 6.52 9.71 23.41 25.43

Anadolu Anonim Turk Sigorta Sirketi Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROIC % 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 9.47 34.47 24.26 21.16 26.88

Competitive Comparison of Anadolu Anonim Turk Sigorta Sirketi's ROIC %

For the Insurance - Diversified subindustry, Anadolu Anonim Turk Sigorta Sirketi's ROIC %, along with its competitors' market caps and ROIC % 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.


Anadolu Anonim Turk Sigorta Sirketi's ROIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Anadolu Anonim Turk Sigorta Sirketi's ROIC % distribution charts can be found below:

* The bar in red indicates where Anadolu Anonim Turk Sigorta Sirketi's ROIC % falls into.


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Anadolu Anonim Turk Sigorta Sirketi ROIC % Calculation

Anadolu Anonim Turk Sigorta Sirketi's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROIC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=15946.685 * ( 1 - 22.02% )/( (40467.2916 + 57315.75635)/ 2 )
=12435.224963/48891.523975
=25.43 %

where

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=56381.518 - 6470.944 - ( 11302.918 - 5% * 37192.712 )
=40467.2916

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=89267.932 - 10642.754 - ( 24337.623 - 5% * 60564.027 )
=57315.75635

Anadolu Anonim Turk Sigorta Sirketi's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2024 is calculated as:

ROIC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=17802.1 * ( 1 - 21.22% )/( (49159.31525 + 55171.4038)/ 2 )
=14024.49438/52165.359525
=26.88 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=77239.05 - 9752.944 - ( 19085.223 - 5% * 15168.645 )
=49159.31525

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=89267.932 - 10642.754 - ( 24337.623 - 5% * 17676.976 )
=55171.4038

Note: The EBIT data used here is four times the quarterly (Dec. 2024) 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.


Anadolu Anonim Turk Sigorta Sirketi  (IST:ANSGR) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Anadolu Anonim Turk Sigorta Sirketi's WACC % is 12.49%. Anadolu Anonim Turk Sigorta Sirketi's ROIC % is 26.47% (calculated using TTM income statement data). Anadolu Anonim Turk Sigorta Sirketi generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases. Anadolu Anonim Turk Sigorta Sirketi earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Anadolu Anonim Turk Sigorta Sirketi ROIC % Related Terms

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Anadolu Anonim Turk Sigorta Sirketi Business Description

Traded in Other Exchanges
N/A
Address
Ruzgarlibahce Mahallesi Kavak, Sokak No 31 34805 Kavacik /Istanbul, Anadolu Sigorta, Istanbul, TUR
Anadolu Anonim Turk Sigorta Sirketi is Turkish insurance company. The company offers health insurance, fire and natural disaster insurance and motor vehicle insurance. Insurance provided for fire and natural disasters covers material damages occurred due to fire, lightening, explosion or smoke, steam, and temperature resulted from fire, lightning, and explosion up to insurance policy limits. Motor vehicle insurance covers accident with the motorized or non-motorized vehicles which used in highways, crash with fixed or moving items, theft or attempted theft and burn. Health insurance covers treatment costs of illnesses or accidental injuries during the period of insurance. The company operates its business solely in Turkey. Most of the company's revenue consists of premium received.

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