Logo Yazilimnayi ve Ticaret AS (IST:LOGO) ROCE % : -44.49% (As of Dec. 2023)

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What is Logo Yazilimnayi ve Ticaret 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. Logo Yazilimnayi ve Ticaret AS's annualized ROCE % for the quarter that ended in Dec. 2023 was -44.49%.

Logo Yazilimnayi ve Ticaret AS ROCE % Historical Data

The historical data trend for Logo Yazilimnayi ve Ticaret 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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Logo Yazilimnayi ve Ticaret AS ROCE % Chart

Logo Yazilimnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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20.23

20.38

35.38

26.62

14.22

Logo Yazilimnayi ve Ticaret 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															18.23	28.09	76.90	36.45	-44.49

Logo Yazilimnayi ve Ticaret AS ROCE % Calculation

Logo Yazilimnayi ve Ticaret 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 )
	=	403.091	/	( ( (4900.858 - 1989.466)	+	(5343.02 - 2584.822) )	/ 2 )
	=	403.091	/	( (2911.392	+	2758.198)	/ 2 )
	=	403.091	/	2834.795
	=	14.22 %

Logo Yazilimnayi ve Ticaret 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 )
	=	-1059.184	/	( ( (3581.657 - 1578.162)	+	(5343.02 - 2584.822) )	/ 2 )
	=	-1059.184	/	( ( 2003.495	+	2758.198 )	/ 2 )
	=	-1059.184	/	2380.8465
	=	-44.49 %

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

Logo Yazilimnayi ve Ticaret AS (IST:LOGO) 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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Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Logo Yazilim Sanayi ve Ticaret AS (IST:LOGO) » Definitions » ROCE %

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Address

Sahabettin Bilgisu Caddesi, No. 609, Gebze Organize Sanayi Bolgesi, Kocaeli, Gebze, TUR, 41400

Website

https://www.logo.com.tr

Logo Yazilim Sanayi ve Ticaret AS is a software company developing software for engineering and project management. The company's vast array of solutions includes Enterprise Resource Planning solutions, Project Solutions, Small and Medium Enterprise Solutions, Business Analytics Solutions, Human Resource Solutions, Supply Chain Solutions, Integrated Products, Work Flow Management Solutions, Retail Cloud Solutions, Customer Relationship Management Solutions, and Mobile Solutions. The group generates revenue from the sale of off-the-shelf software, logo enterprise membership, SaaS membership, after-sales services, Netsis software license, development of customized software and version upgrade package sales.

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