Altinayvunma Teknolojileri AS (IST:ALTNY) Return-on-Tangible-Asset: -3.22% (As of Mar. 2026)

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IST:ALTNY Altinay Savunma Teknolojileri AS IST:ALTNY
18 GF Score
Price ₺16.77
! 5 Warning Signs
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What is Altinayvunma Teknolojileri AS Return-on-Tangible-Asset?

Altinayvunma Teknolojileri AS IST:ALTNY -0.71% 18 Return-on-Tangible-Asset is -3.22% as of Mar. 2026. GuruFocus rates IST:ALTNY with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 361 Aerospace & Defense companies, Altinayvunma Teknolojileri AS ranks worse than 70.64% 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. Altinayvunma Teknolojileri AS's annualized Net Income for the quarter that ended in Mar. 2026 was ₺-217 Mil. Altinayvunma Teknolojileri AS's average total tangible assets for the quarter that ended in Mar. 2026 was ₺6,726 Mil. Therefore, Altinayvunma Teknolojileri AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -3.22%.

The historical rank and industry rank for Altinayvunma Teknolojileri AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:ALTNY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.19   Med: 4.35   Max: 42.45
Current: -2.19

During the past 5 years, Altinayvunma Teknolojileri AS's highest Return-on-Tangible-Asset was 42.45%. The lowest was -2.19%. And the median was 4.35%.

IST:ALTNY's Return-on-Tangible-Asset is ranked worse than
70.64% of 361 companies
in the Aerospace & Defense industry
Industry Median: 3.05 vs IST:ALTNY: -2.19

Altinayvunma Teknolojileri AS  (IST:ALTNY) 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.


Altinayvunma Teknolojileri AS Return-on-Tangible-Asset Related Terms


Altinayvunma Teknolojileri AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Altinayvunma Teknolojileri 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.

Altinayvunma Teknolojileri AS Return-on-Tangible-Asset Chart

Altinayvunma Teknolojileri AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
3.22 4.35 42.45 10.12 2.68

Altinayvunma Teknolojileri AS Quarterly Data
Dec21 Dec22 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 6.05 -8.79 -3.06 5.11 -3.22

IST:ALTNY vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison

For the Aerospace & Defense subindustry, Altinayvunma Teknolojileri 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.


Altinayvunma Teknolojileri AS Return-on-Tangible-Asset vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Altinayvunma Teknolojileri AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Altinayvunma Teknolojileri AS's Return-on-Tangible-Asset falls into.


IST:ALTNY
18GF Score
Altinay Savunma Teknolojileri AS IST:ALTNY
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Altinayvunma Teknolojileri AS Return-on-Tangible-Asset Calculation

Altinayvunma Teknolojileri 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 )
=163.432/( (5796.418+6405.184)/ 2 )
=163.432/6100.801
=2.68 %

Altinayvunma Teknolojileri 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 )
=-216.804/( (6405.184+7046.524)/ 2 )
=-216.804/6725.854
=-3.22 %

* 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 -3.22% mean?
Altinayvunma Teknolojileri AS (IST:ALTNY) has a Return-on-Tangible-Asset of -3.22% 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 Altinayvunma Teknolojileri AS and its competitors. According to the industry distribution chart, Altinayvunma Teknolojileri AS ranks #255 out of 361 companies in the Aerospace & Defense industry, placing it in the top 70.6%.
Is Altinayvunma Teknolojileri AS's Return-on-Tangible-Asset too high?
Altinayvunma Teknolojileri AS's current Return-on-Tangible-Asset is -3.22%. Based on the distribution chart, Altinayvunma Teknolojileri AS ranks #255 out of 361 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Altinayvunma Teknolojileri AS has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Altinayvunma Teknolojileri AS's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Altinayvunma Teknolojileri AS ranks #255 out of 361 companies for Return-on-Tangible-Asset. This places Altinayvunma Teknolojileri AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.05, based on 361 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. 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 Altinayvunma Teknolojileri AS and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altinayvunma Teknolojileri AS's current Return-on-Tangible-Asset is -3.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altinayvunma Teknolojileri AS stock overvalued right now?
Altinayvunma Teknolojileri AS (IST:ALTNY) has a current Return-on-Tangible-Asset of -3.22%. The current Return-on-Tangible-Asset is -3.22%. Altinayvunma Teknolojileri AS's overall GF Score™ is 18/100 with 5 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 Altinayvunma Teknolojileri AS (IST:ALTNY), the current Return-on-Tangible-Asset is -3.22% 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.

Altinayvunma Teknolojileri AS Business Description

Address Sanayi Mahallesi, Teknopark Bulvari, No - 1/4A ynterior Door No- 201 and 202, Pendik, Istanbul, TUR
Altinay Savunma Teknolojileri AS is a company which has has been providing products and solutions in the fields of Motion Control Systems, Unmanned Systems, Stealth Systems, Weapon Systems, Ammunition Destruction, and Production Systems to various stakeholders in the government, private sector, and international markets.
18GF Score

Get the complete analysis for IST:ALTNY

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

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