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Coca Cola Icecek ASCOLZF -1.75%90 Return-on-Tangible-Asset is 12.72% as of Mar. 2026, which is 43% above its 10-year median of 8.89. GuruFocus rates COLZF with a GF Score™ of 90/100 and a GF Value™ of $1.44 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Coca Cola Icecek AS ranks better than 71.55% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Coca Cola Icecek AS's annualizedNet Income for the quarter that ended in Mar. 2026 was $475 Mil. Coca Cola Icecek AS's average total tangible assets for the quarter that ended in Mar. 2026 was $3,730 Mil. Therefore, Coca Cola Icecek AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.72%.
The historical rank and industry rank for Coca Cola Icecek AS's Return-on-Tangible-Asset or its related term are showing as below:
COLZF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.36 Med: 8.89 Max: 28.79
Current: 11.38
During the past 13 years, Coca Cola Icecek AS's highest Return-on-Tangible-Asset was 28.79%. The lowest was -0.36%. And the median was 8.89%.
COLZF's Return-on-Tangible-Asset is ranked better than 71.55% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 6.845
vs COLZF: 11.38
Coca Cola Icecek AS (OTCPK:COLZF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Coca Cola Icecek AS Return-on-Tangible-Asset Related Terms
Coca Cola Icecek AS Return-on-Tangible-Asset Historical Data
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The historical data trend for Coca Cola Icecek AS's Return-on-Tangible-Asset 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.
Coca Cola Icecek AS Return-on-Tangible-Asset Chart
COLZF vs KO, PEP, MNST: Return-on-Tangible-Asset Comparison
For the Beverages - Non-Alcoholic subindustry, Coca Cola Icecek AS's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Coca Cola Icecek AS Return-on-Tangible-Asset vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca Cola Icecek AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Coca Cola Icecek AS's Return-on-Tangible-Asset falls into.
* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.72% mean?
Coca Cola Icecek AS (COLZF) has a Return-on-Tangible-Asset of 12.72% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Coca Cola Icecek AS and its competitors. This is 43% above median its historical median of 8.89. According to the industry distribution chart, Coca Cola Icecek AS ranks #33 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 28.4%.
Is Coca Cola Icecek AS's Return-on-Tangible-Asset too high?
Coca Cola Icecek AS's current Return-on-Tangible-Asset of 12.72% is 43% above median its 10-year median of 8.89. The Beverages - Non-Alcoholic industry median Return-on-Tangible-Asset is 6.85. Coca Cola Icecek AS's value of 12.72% is 85.8% above this industry median. Based on the distribution chart, Coca Cola Icecek AS ranks #33 out of 116 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Coca Cola Icecek AS has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca Cola Icecek AS's Return-on-Tangible-Asset compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca Cola Icecek AS ranks #33 out of 116 companies for Return-on-Tangible-Asset. This puts Coca Cola Icecek AS in the upper half of its industry. The industry median Return-on-Tangible-Asset is 6.85. Coca Cola Icecek AS's value of 12.72% is 85.8% above this benchmark. While the company's 10-year median is 8.89 vs. the industry median of 6.85, Coca Cola Icecek AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Beverages - Non-Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Non-Alcoholic companies is 6.85, based on 116 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca Cola Icecek AS's current Return-on-Tangible-Asset of 12.72% is 85.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Coca Cola Icecek AS and its competitors. For the Beverages - Non-Alcoholic industry, the median Return-on-Tangible-Asset is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca Cola Icecek AS's current Return-on-Tangible-Asset is 12.72%, which is 43% above median its own 10-year median of 8.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca Cola Icecek AS stock overvalued right now?
Based on GuruFocus' analysis, Coca Cola Icecek AS (COLZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.44, compared to a current price of $1.68 — trading 16.7% above its estimated fair value. The current Return-on-Tangible-Asset is 12.72%, which is 43% above median its 10-year median of 8.89 and 85.8% above the Beverages - Non-Alcoholic industry median of 6.85. Coca Cola Icecek AS's overall GF Score™ is 90/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Coca Cola Icecek AS (COLZF), the current Return-on-Tangible-Asset is 12.72% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coca Cola Icecek AS (COLZF) Overvalued in 2026?
Based on GuruFocus' analysis, Coca Cola Icecek AS stock appears to be overvalued.
The current stock price of $1.68 is trading 16.7% above its estimated GF Value™ of $1.44.
GuruFocus considers Coca Cola Icecek AS to be Modestly Overvalued.
Key valuation signals for COLZF:
Return-on-Tangible-Asset: 12.72% (43% above median its 10-year median of 8.89)
GF Value™: $1.44 vs. price of $1.68 (16.7% above fair value)
Industry Position: 85.8% above the Beverages - Non-Alcoholic median (#33 of 116)
No single metric tells the full story. See the COLZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coca Cola Icecek AS is an exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Bangladesh, Central Asia, the Middle East, and other regions. The brands of the company include Coca-Cola, Fanta, Sprite, Costa Coffee, Crush, Crystal Cola, and others. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey.
90GF Score
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