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Pc Iletisim Ve Medya Hizmetlerinayi Ticaret (IST:PCILT) ROIC % : 1.89% (As of Sep. 2024)


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What is Pc Iletisim Ve Medya Hizmetlerinayi Ticaret 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 %. Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2024 was 1.89%.

As of today (2025-04-04), Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's WACC % is 10.04%. Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's ROIC % is 21.45% (calculated using TTM income statement data). Pc Iletisim Ve Medya Hizmetlerinayi Ticaret 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.


Pc Iletisim Ve Medya Hizmetlerinayi Ticaret ROIC % Historical Data

The historical data trend for Pc Iletisim Ve Medya Hizmetlerinayi Ticaret'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.

Pc Iletisim Ve Medya Hizmetlerinayi Ticaret ROIC % Chart

Pc Iletisim Ve Medya Hizmetlerinayi Ticaret Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROIC %
Get a 7-Day Free Trial 2.95 16.74 15.64 29.58 27.78

Pc Iletisim Ve Medya Hizmetlerinayi Ticaret Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 40.19 -20.94 36.77 52.21 1.89

Competitive Comparison of Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's ROIC %

For the Advertising Agencies subindustry, Pc Iletisim Ve Medya Hizmetlerinayi Ticaret'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.


Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's ROIC % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's ROIC % distribution charts can be found below:

* The bar in red indicates where Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's ROIC % falls into.


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Pc Iletisim Ve Medya Hizmetlerinayi Ticaret ROIC % Calculation

Pc Iletisim Ve Medya Hizmetlerinayi Ticaret'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 )
=228.866 * ( 1 - 18.02% )/( (531.749 + 818.805)/ 2 )
=187.6243468/675.277
=27.78 %

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))
=1745.616 - 1074.618 - ( 191.345 - max(0, 1119.87 - 1259.119+191.345))
=531.749

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))
=2406.947 - 1363.918 - ( 526.752 - max(0, 1571.779 - 1796.003+526.752))
=818.805

Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2024 is calculated as:

ROIC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=212.992 * ( 1 - 89.54% )/( (1086.824 + 1269.192)/ 2 )
=22.2789632/1178.008
=1.89 %

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))
=2965.54 - 1553.9 - ( 324.816 - max(0, 1772.084 - 2161.843+324.816))
=1086.824

Invested Capital(Q: Sep. 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))
=2779.08 - 1211.404 - ( 298.484 - max(0, 1476.049 - 1955.749+298.484))
=1269.192

Note: The Operating Income data used here is four times the quarterly (Sep. 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.


Pc Iletisim Ve Medya Hizmetlerinayi Ticaret  (IST:PCILT) 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, Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's WACC % is 10.04%. Pc Iletisim Ve Medya Hizmetlerinayi Ticaret's ROIC % is 21.45% (calculated using TTM income statement data). Pc Iletisim Ve Medya Hizmetlerinayi Ticaret 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. Pc Iletisim Ve Medya Hizmetlerinayi Ticaret 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.


Pc Iletisim Ve Medya Hizmetlerinayi Ticaret ROIC % Related Terms

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Pc Iletisim Ve Medya Hizmetlerinayi Ticaret Business Description

Traded in Other Exchanges
N/A
Address
Barbaros Bulvari Morbasan, Sok. Koza Business Center, Block C Floor 10, Balmumcu-Besiktas, TUR, 34349
Pc Iletisim Ve Medya Hizmetleri Sanayi Ticaret is a communication group. It offers media services, advertising, reserving, buying, renting, selling all kinds of television programs for customers, buying and selling all kinds of television programs, cooperating with content, promotion and printing services.

Pc Iletisim Ve Medya Hizmetlerinayi Ticaret Headlines

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