Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Return-on-Tangible-Asset: 1.63% (As of Mar. 2026) — 90% Below Median


IST:ALFAS Alfa Solar Enerji Sanayi Ve Ticaret AS IST:ALFAS
81 GF Score
Price ₺47.24
GF Value ₺32.62
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Asset?

Alfa Solar Enerjinayi Ve Ticaret AS IST:ALFAS -0.13% 81 Return-on-Tangible-Asset is 1.63% as of Mar. 2026, which is 90% below its 10-year median of 15.56. GuruFocus rates IST:ALFAS with a GF Score™ of 81/100 and a GF Value™ of ₺32.62 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,025 Semiconductors companies, Alfa Solar Enerjinayi Ve Ticaret AS ranks worse than 60.39% 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. Alfa Solar Enerjinayi Ve Ticaret AS's annualized Net Income for the quarter that ended in Mar. 2026 was ₺200 Mil. Alfa Solar Enerjinayi Ve Ticaret AS's average total tangible assets for the quarter that ended in Mar. 2026 was ₺12,282 Mil. Therefore, Alfa Solar Enerjinayi Ve Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.63%.

The historical rank and industry rank for Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:ALFAS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.1   Med: 15.56   Max: 42.27
Current: 0.55

During the past 7 years, Alfa Solar Enerjinayi Ve Ticaret AS's highest Return-on-Tangible-Asset was 42.27%. The lowest was -0.10%. And the median was 15.56%.

IST:ALFAS's Return-on-Tangible-Asset is ranked worse than
60.39% of 1025 companies
in the Semiconductors industry
Industry Median: 2.63 vs IST:ALFAS: 0.55

Alfa Solar Enerjinayi Ve Ticaret AS  (IST:ALFAS) 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 company’s 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 company’s 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.


Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Asset Related Terms


Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Alfa Solar Enerjinayi Ve Ticaret 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.

Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Asset Chart

Alfa Solar Enerjinayi Ve Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 15.56 42.27 27.92 3.13 -0.10

Alfa Solar Enerjinayi Ve Ticaret AS Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 -1.32 2.67 -1.96 0.12 1.63

IST:ALFAS vs FSLR, NXT, ENPH: Return-on-Tangible-Asset Comparison

For the Solar subindustry, Alfa Solar Enerjinayi Ve Ticaret 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.


Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Asset falls into.


IST:ALFAS
81GF Score
Alfa Solar Enerji Sanayi Ve Ticaret AS IST:ALFAS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Asset Calculation

Alfa Solar Enerjinayi Ve Ticaret AS's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-10.755/( (9357.307+11716.156)/ 2 )
=-10.755/10536.7315
=-0.10 %

Alfa Solar Enerjinayi Ve Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=200.408/( (11716.156+12848.805)/ 2 )
=200.408/12282.4805
=1.63 %

* 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 1.63% mean?
Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) has a Return-on-Tangible-Asset of 1.63% 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 Alfa Solar Enerjinayi Ve Ticaret AS and its competitors. This is 90% below median its historical median of 15.56. According to the industry distribution chart, Alfa Solar Enerjinayi Ve Ticaret AS ranks #619 out of 1025 companies in the Semiconductors industry, placing it in the top 60.4%.
Is Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Asset too high?
Alfa Solar Enerjinayi Ve Ticaret AS's current Return-on-Tangible-Asset of 1.63% is 90% below median its 10-year median of 15.56. The Semiconductors industry median Return-on-Tangible-Asset is 2.63. Alfa Solar Enerjinayi Ve Ticaret AS's value of 1.63% is 38% below this industry median. Based on the distribution chart, Alfa Solar Enerjinayi Ve Ticaret AS ranks #619 out of 1025 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Alfa Solar Enerjinayi Ve Ticaret AS has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Asset compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alfa Solar Enerjinayi Ve Ticaret AS ranks #619 out of 1025 companies for Return-on-Tangible-Asset. This places Alfa Solar Enerjinayi Ve Ticaret AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.63. Alfa Solar Enerjinayi Ve Ticaret AS's value of 1.63% is 38% below this benchmark. While the company's 10-year median is 15.56 vs. the industry median of 2.63, Alfa Solar Enerjinayi Ve Ticaret AS has consistently been below 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.63, based on 1,025 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. Alfa Solar Enerjinayi Ve Ticaret AS's current Return-on-Tangible-Asset of 1.63% is 38% below 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 Alfa Solar Enerjinayi Ve Ticaret AS and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfa Solar Enerjinayi Ve Ticaret AS's current Return-on-Tangible-Asset is 1.63%, which is 90% below median its own 10-year median of 15.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Solar Enerjinayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺32.62, compared to a current price of ₺47.24 — trading 44.8% above its estimated fair value. The current Return-on-Tangible-Asset is 1.63%, which is 90% below median its 10-year median of 15.56 and 38% below the Semiconductors industry median of 2.63. Alfa Solar Enerjinayi Ve Ticaret AS's overall GF Score™ is 81/100 with 10 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 Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS), the current Return-on-Tangible-Asset is 1.63% 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 Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Overvalued in 2026?

Based on GuruFocus' analysis, Alfa Solar Enerjinayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺47.24 is trading 44.8% above its estimated GF Value™ of ₺32.62. GuruFocus considers Alfa Solar Enerjinayi Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:ALFAS:

  • Return-on-Tangible-Asset: 1.63% (90% below median its 10-year median of 15.56)
  • GF Value™: ₺32.62 vs. price of ₺47.24 (44.8% above fair value)
  • GF Score™: 81/100 with 10 warning signs
  • Industry Position: 38% below the Semiconductors median (#619 of 1025)

No single metric tells the full story. See the IST:ALFAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alfa Solar Enerjinayi Ve Ticaret AS Business Description

Address Balgat Mahallesi Mevlana Boulevard, No 139/A, Floor 9, Apartment No - 31, Yelken Plaza, Cankaya, Ankara, TUR
Alfa Solar Enerji Sanayi Ve Ticaret AS engages in the manufacturing of photovoltaic (PV) panels in an ultra-modern facility. Its product portfolio comprises Polycrystalline Panels, Monocrystalline Panels, and half-cut panels.
81GF Score

Get the complete analysis for IST:ALFAS

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺47.24
Price
₺32.62
GF Value