Koc Holding AS (Koc Holding AS) ROCE % : 7.51% (As of Dec. 2023)

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What is Koc Holding AS ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Koc Holding AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.51%.

Koc Holding AS ROCE % Historical Data

The historical data trend for Koc Holding AS's ROCE % 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.

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Koc Holding AS ROCE % Chart

Koc Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.06

11.48

10.53

30.70

14.65

Koc Holding AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															66.87	20.89	28.54	54.13	7.51

Koc Holding AS ROCE % Calculation

Koc Holding AS's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	6151.048	/	( ( (151003.083 - 101201.131)	+	(98320.101 - 64165.501) )	/ 2 )
	=	6151.048	/	( (49801.952	+	34154.6)	/ 2 )
	=	6151.048	/	41978.276
	=	14.65 %

Koc Holding AS's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	2182.396	/	( ( (86344.606 - 62379.42)	+	(98320.101 - 64165.501) )	/ 2 )
	=	2182.396	/	( ( 23965.186	+	34154.6 )	/ 2 )
	=	2182.396	/	29059.893
	=	7.51 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Koc Holding AS (OTCPK:KHOLY) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Koc Holding AS ROCE % Related Terms

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Koc Holding AS (Koc Holding AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Koc Holding AS (OTCPK:KHOLY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KCHOL:Turkey KRKA:Germany

Address

Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674

Website

http://www.koc.com.tr

Koc Holding is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The largest segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.

Koc Holding AS (Koc Holding AS) Headlines

From GuruFocus

Q4 2023 Koc Holding AS Earnings Call Transcript

By GuruFocus Research • 03-18-2024