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Erciyas Celik Borunayi (IST:ERCB) 1-Year ROIIC % : -0.92% (As of Jun. 2024)


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What is Erciyas Celik Borunayi 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Erciyas Celik Borunayi's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was -0.92%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Erciyas Celik Borunayi's 1-Year ROIIC % or its related term are showing as below:

IST:ERCB's 1-Year ROIIC % is ranked worse than
51.2% of 623 companies
in the Steel industry
Industry Median: -0.19 vs IST:ERCB: -0.92

Erciyas Celik Borunayi 1-Year ROIIC % Historical Data

The historical data trend for Erciyas Celik Borunayi's 1-Year ROIIC % 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.

Erciyas Celik Borunayi 1-Year ROIIC % Chart

Erciyas Celik Borunayi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- - -2.89 1.75

Erciyas Celik Borunayi Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.20 -4.88 1.75 0.71 -0.92

Competitive Comparison of Erciyas Celik Borunayi's 1-Year ROIIC %

For the Steel subindustry, Erciyas Celik Borunayi's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Erciyas Celik Borunayi's 1-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Erciyas Celik Borunayi's 1-Year ROIIC % falls into.



Erciyas Celik Borunayi 1-Year ROIIC % Calculation

Erciyas Celik Borunayi's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 62.1362 (Jun. 2024) - 96.3468 (Jun. 2023) )/( 9283.754 (Jun. 2024) - 5554.631 (Jun. 2023) )
=-34.2106/3729.123
=-0.92%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Erciyas Celik Borunayi  (IST:ERCB) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Erciyas Celik Borunayi 1-Year ROIIC % Related Terms

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Erciyas Celik Borunayi Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Palladium Tower Barbaros M. Halk Cd. Kardelen, Sk. No:2/1 Kat:25-26 34746 Atasehir, Istanbul, TUR
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.

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