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Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) ROIC % : 0.00% (As of Dec. 2024)


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What is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS 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 %. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was 0.00%.

As of today (2025-04-06), Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's WACC % is 9.95%. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's ROIC % is 6.80% (calculated using TTM income statement data). Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ROIC % Historical Data

The historical data trend for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS'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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ROIC % Chart

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROIC %
33.84 5.12 38.84 21.46

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.06 39.15 1.75 9.27 -

Competitive Comparison of Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's ROIC %

For the Aerospace & Defense subindustry, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS'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.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's ROIC % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's ROIC % distribution charts can be found below:

* The bar in red indicates where Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's ROIC % falls into.


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Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ROIC % Calculation

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROIC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=460.829 * ( 1 - -80.59% )/( (2555.859 + 5201.855)/ 2 )
=832.2110911/3878.857
=21.46 %

where

Invested Capital(A: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2867.169 - 187.616 - ( 491.827 - max(0, 697.316 - 821.01+491.827))
=2555.859

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6976.845 - 361.837 - ( 1484.892 - max(0, 1870.801 - 3283.954+1484.892))
=5201.855

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS'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
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=0 * ( 1 - 0% )/( (5023.209 + 5437.949)/ 2 )
=0/5230.579
=0.00 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6110.647 - 274.201 - ( 1196.664 - max(0, 2199.715 - 3012.952+1196.664))
=5023.209

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6801.985 - 380.423 - ( 983.613 - max(0, 1432.651 - 2699.401+983.613))
=5437.949

Note: The Operating Income 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.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS  (IST:HATSN) 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, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's WACC % is 9.95%. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's ROIC % is 6.80% (calculated using TTM income statement data).


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.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ROIC % Related Terms

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Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Florya Cad. Florya Plaza, No: 88/2 Florya, Bakirkoy, Istanbul, TUR, 34153
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS is a company engaged in purchase of domestic and foreign shipbuilding facilities, shipyards, hotels, cruise ships and yachts of all tonnages. It also operates in special transformation projects. Extension projects on ships, special project installations related to new machinery, equipment or production, and heavy steel construction works are the expertise of HAT-SAN Shipyard.

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