GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turkcell Iletisim Hizmetleri AS (NYSE:TKC) » Definitions » Return-on-Tangible-Equity
中文

Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Return-on-Tangible-Equity : 142.54% (As of Sep. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Turkcell Iletisim Hizmetleri AS Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Turkcell Iletisim Hizmetleri AS's annualized net income for the quarter that ended in Sep. 2023 was $812 Mil. Turkcell Iletisim Hizmetleri AS's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $569 Mil. Therefore, Turkcell Iletisim Hizmetleri AS's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 142.54%.

The historical rank and industry rank for Turkcell Iletisim Hizmetleri AS's Return-on-Tangible-Equity or its related term are showing as below:

TKC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.71   Med: 24.46   Max: 66.22
Current: 66.22

During the past 13 years, Turkcell Iletisim Hizmetleri AS's highest Return-on-Tangible-Equity was 66.22%. The lowest was 13.71%. And the median was 24.46%.

TKC's Return-on-Tangible-Equity is ranked better than
77.06% of 340 companies
in the Telecommunication Services industry
Industry Median: 13.125 vs TKC: 66.22

Turkcell Iletisim Hizmetleri AS Return-on-Tangible-Equity Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri AS's Return-on-Tangible-Equity 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.

* Premium members only.

Turkcell Iletisim Hizmetleri AS Return-on-Tangible-Equity Chart

Turkcell Iletisim Hizmetleri AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.43 52.23 55.03 23.35 13.95

Turkcell Iletisim Hizmetleri AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116.28 -19.11 52.46 81.22 142.54

Competitive Comparison of Turkcell Iletisim Hizmetleri AS's Return-on-Tangible-Equity

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri AS's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Turkcell Iletisim Hizmetleri AS's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Return-on-Tangible-Equity falls into.



Turkcell Iletisim Hizmetleri AS Return-on-Tangible-Equity Calculation

Turkcell Iletisim Hizmetleri AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=223.81/( (1696.956+1511.465 )/ 2 )
=223.81/1604.2105
=13.95 %

Turkcell Iletisim Hizmetleri AS's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=811.64/( (564.881+573.964)/ 2 )
=811.64/569.4225
=142.54 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Turkcell Iletisim Hizmetleri AS  (NYSE:TKC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Turkcell Iletisim Hizmetleri AS Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Turkcell Iletisim Hizmetleri AS's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Traded in Other Exchanges
Address
Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.

Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Headlines

From GuruFocus

Turkcell Is a Foreign Telecom Worth Owning

By Jonathan Poland Jonathan Poland 07-23-2018

Turkcell Files Its 2020 Annual Report on Form 20-F

By Business Wire Business Wire 04-26-2021

Turkcell Intends to Appeal South African Court's Decision in MTN Case

By Business Wire Business Wire 12-07-2022

Turkcell Superonline and Equinix Cooperated for a Digital Ecosystem

By Business Wire Business Wire 08-30-2022

Turkcell Safeguards Remote Education and Business Continuity

By Business Wire Business Wire 04-13-2020

Emerging Markets: Opportunities and Pitfalls

By Charles Sizemore Charles Sizemore 08-04-2012