Global Yatirim Holding AS (IST:GLYHO) ROCE % : 12.70% (As of Dec. 2023)

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What is Global 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. Global Yatirim Holding AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.70%.

Global Yatirim Holding AS ROCE % Historical Data

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

Global Yatirim Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.14

-7.12

1.72

31.73

11.58

Global Yatirim 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															88.38	10.78	10.45	14.51	12.70

Global Yatirim Holding AS ROCE % Calculation

Global Yatirim 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 )
	=	3117.249	/	( ( (23701.779 - 5500.204)	+	(44521.525 - 8876.684) )	/ 2 )
	=	3117.249	/	( (18201.575	+	35644.841)	/ 2 )
	=	3117.249	/	26923.208
	=	11.58 %

Global Yatirim 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 )
	=	4108.92	/	( ( (36429.463 - 7357.617)	+	(44521.525 - 8876.684) )	/ 2 )
	=	4108.92	/	( ( 29071.846	+	35644.841 )	/ 2 )
	=	4108.92	/	32358.3435
	=	12.70 %

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

Global Yatirim Holding AS (IST:GLYHO) 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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Global Yatirim Holding AS (IST:GLYHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Global Yatirim Holding AS (IST:GLYHO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Caddesi 193, Block Number 193/2, Sisli, Istanbul, TUR, 34394

Website

https://www.globalyatirim.com.tr

Global Yatirim Holding AS operates as an investment holding company in Turkey. The company's operating segment includes Port Operations; Energy Generation; Natural Gas; Mining; Real Estate and Brokerage and Asset Management. It generates maximum revenue from the Port Operations segment. The company operates cruise and commercial port facilities, as well as operates in energy production, renewable energy production, and feldspar mining businesses.

Global Yatirim Holding AS (IST:GLYHO) Headlines

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