Derluks Yatirim Holding AS (IST:DERHL) ROCE % : 24.59% (As of Sep. 2023)

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What is Derluks Yatirim 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. Derluks Yatirim Holding AS's annualized ROCE % for the quarter that ended in Sep. 2023 was 24.59%.

Derluks Yatirim Holding AS ROCE % Historical Data

The historical data trend for Derluks Yatirim 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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Derluks Yatirim Holding AS ROCE % Chart

Derluks Yatirim Holding AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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30.32

20.79

15.02

36.44

68.62

Derluks Yatirim Holding AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															71.13	42.10	36.88	51.93	24.59

Derluks Yatirim Holding AS ROCE % Calculation

Derluks Yatirim Holding 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 )
	=	99.152	/	( ( (207.241 - 114.354)	+	(409.073 - 212.978) )	/ 2 )
	=	99.152	/	( (92.887	+	196.095)	/ 2 )
	=	99.152	/	144.491
	=	68.62 %

Derluks Yatirim Holding AS's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	56.132	/	( ( (606.067 - 373.991)	+	(686.141 - 461.66) )	/ 2 )
	=	56.132	/	( ( 232.076	+	224.481 )	/ 2 )
	=	56.132	/	228.2785
	=	24.59 %

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

Derluks Yatirim Holding AS (IST:DERHL) 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.

Derluks Yatirim Holding AS ROCE % Related Terms

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Derluks Yatirim Holding AS (IST:DERHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Derluks Yatirim Holding AS (IST:DERHL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kazlicesme Mahallesi, Demirhane Caddesi, Haci Resit Bey Sokak No:11, Istanbul, TUR, 34020

Website

http://www.derluksleather.com

Derluks Yatirim Holding AS is a Turkey-based company focused on the leather industry. It is involved in manufacturing, buying, selling, importing, and exporting leather garments, leather accessories used in products for men, women, and children.

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