Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) ROCE % : -39.39% (As of Dec. 2023)

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What is Panelsan Cati Cephe Sistemlerinayi VeTicaret 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. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's annualized ROCE % for the quarter that ended in Dec. 2023 was -39.39%.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS ROCE % Historical Data

The historical data trend for Panelsan Cati Cephe Sistemlerinayi VeTicaret 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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Panelsan Cati Cephe Sistemlerinayi VeTicaret AS ROCE % Chart

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.66

36.39

75.29

18.53

20.64

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial											-13.90	39.80	49.78	84.18	-39.39

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS ROCE % Calculation

Panelsan Cati Cephe Sistemlerinayi VeTicaret 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 )
	=	273.042	/	( ( (2085.086 - 881.291)	+	(2595.976 - 1154.507) )	/ 2 )
	=	273.042	/	( (1203.795	+	1441.469)	/ 2 )
	=	273.042	/	1322.632
	=	20.64 %

Panelsan Cati Cephe Sistemlerinayi VeTicaret 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 )
	=	-481.728	/	( ( (2026.24 - 1021.992)	+	(2595.976 - 1154.507) )	/ 2 )
	=	-481.728	/	( ( 1004.248	+	1441.469 )	/ 2 )
	=	-481.728	/	1222.8585
	=	-39.39 %

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

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) 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.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS ROCE % Related Terms

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Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Panelsan Cati Cephe Sistemleri Sanayi VeTicaret AS (IST:PNLSN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street No:4 A Block 3rd Floor Flat 18, Maidan Business and Life Center Mustafa Kemal Mahallesi 2118, Cankaya, Ankara, TUR

Website

https://www.panelsan.com

Panelsan Cati Cephe Sistemleri Sanayi VeTicaret AS is engaged in manufacturing of building materials.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Headlines

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