Dardanel Onentas Gidanayi AS (IST:DARDL) ROCE % : 14.42% (As of Dec. 2022)

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What is Dardanel Onentas Gidanayi 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. Dardanel Onentas Gidanayi AS's annualized ROCE % for the quarter that ended in Dec. 2022 was 14.42%.

Dardanel Onentas Gidanayi AS ROCE % Historical Data

The historical data trend for Dardanel Onentas Gidanayi 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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Dardanel Onentas Gidanayi AS ROCE % Chart

Dardanel Onentas Gidanayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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172.17

3.74

14.42

Dardanel Onentas Gidanayi AS Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
ROCE %	Get a 7-Day Free Trial									-	-	172.17	3.74	14.42

Dardanel Onentas Gidanayi AS ROCE % Calculation

Dardanel Onentas Gidanayi AS's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	231.635	/	( ( (1486.016 - 495.324)	+	(3560.308 - 1339.29) )	/ 2 )
	=	231.635	/	( (990.692	+	2221.018)	/ 2 )
	=	231.635	/	1605.855
	=	14.42 %

Dardanel Onentas Gidanayi AS's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	231.635	/	( ( (1486.016 - 495.324)	+	(3560.308 - 1339.29) )	/ 2 )
	=	231.635	/	( ( 990.692	+	2221.018 )	/ 2 )
	=	231.635	/	1605.855
	=	14.42 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Dardanel Onentas Gidanayi AS (IST:DARDL) 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.

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Dardanel Onentas Gidanayi AS (IST:DARDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dardanel Onentas Gida Sanayi AS (IST:DARDL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haydar Aliyev Cad Number 142, Tarabya, Istanbul, TUR

Website

http://www.dardanel.com.tr

Dardanel Onentas Gida Sanayi AS is a Turkey-based company involved in the manufacturing of canned food. It produces Tuna Fish, Ready to serve Food, Salmon, Chilled Products and Corn among other products.

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