Altin Yunus Cesme Turistik Tesisleri AS (IST:AYCES) Return-on-Tangible-Asset: -2.93% (As of Mar. 2026)

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IST:AYCES Altin Yunus Cesme Turistik Tesisleri AS IST:AYCES
47 GF Score
Price ₺522.50
GF Value ₺538.08
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Altin Yunus Cesme Turistik Tesisleri AS Return-on-Tangible-Asset?

Altin Yunus Cesme Turistik Tesisleri AS IST:AYCES +1.36% 47 Return-on-Tangible-Asset is -2.93% as of Mar. 2026. GuruFocus rates IST:AYCES with a GF Score™ of 47/100 and a GF Value™ of ₺538.08 (Fairly Valued). The stock has 5 warning signs investors should review. Among 855 Travel & Leisure companies, Altin Yunus Cesme Turistik Tesisleri AS ranks worse than 71.46% 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. Altin Yunus Cesme Turistik Tesisleri AS's annualized Net Income for the quarter that ended in Mar. 2026 was ₺-188.7 Mil. Altin Yunus Cesme Turistik Tesisleri AS's average total tangible assets for the quarter that ended in Mar. 2026 was ₺6,435.3 Mil. Therefore, Altin Yunus Cesme Turistik Tesisleri AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.93%.

The historical rank and industry rank for Altin Yunus Cesme Turistik Tesisleri AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:AYCES' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.51   Med: -1.15   Max: 3.48
Current: -1.36

During the past 13 years, Altin Yunus Cesme Turistik Tesisleri AS's highest Return-on-Tangible-Asset was 3.48%. The lowest was -4.51%. And the median was -1.15%.

IST:AYCES's Return-on-Tangible-Asset is ranked worse than
71.46% of 855 companies
in the Travel & Leisure industry
Industry Median: 2.73 vs IST:AYCES: -1.36

Altin Yunus Cesme Turistik Tesisleri AS  (IST:AYCES) 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.


Altin Yunus Cesme Turistik Tesisleri AS Return-on-Tangible-Asset Related Terms


Altin Yunus Cesme Turistik Tesisleri AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Altin Yunus Cesme Turistik Tesisleri 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.

Altin Yunus Cesme Turistik Tesisleri AS Return-on-Tangible-Asset Chart

Altin Yunus Cesme Turistik Tesisleri AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 0.96 -1.18 -3.51 -1.11

Altin Yunus Cesme Turistik Tesisleri AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 -4.17 -3.15 3.56 -5.55 -2.93

IST:AYCES vs LVS, MGM, WYNN: Return-on-Tangible-Asset Comparison

For the Resorts & Casinos subindustry, Altin Yunus Cesme Turistik Tesisleri 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.


Altin Yunus Cesme Turistik Tesisleri AS Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Altin Yunus Cesme Turistik Tesisleri AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Altin Yunus Cesme Turistik Tesisleri AS's Return-on-Tangible-Asset falls into.


IST:AYCES
47GF Score
Altin Yunus Cesme Turistik Tesisleri AS IST:AYCES
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altin Yunus Cesme Turistik Tesisleri AS Return-on-Tangible-Asset Calculation

Altin Yunus Cesme Turistik Tesisleri 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 )
=-68.159/( (6137.083+6134.809)/ 2 )
=-68.159/6135.946
=-1.11 %

Altin Yunus Cesme Turistik Tesisleri 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 )
=-188.692/( (6134.809+6735.72)/ 2 )
=-188.692/6435.2645
=-2.93 %

* 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 -2.93% mean?
Altin Yunus Cesme Turistik Tesisleri AS (IST:AYCES) has a Return-on-Tangible-Asset of -2.93% 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 Altin Yunus Cesme Turistik Tesisleri AS and its competitors. According to the industry distribution chart, Altin Yunus Cesme Turistik Tesisleri AS ranks #611 out of 855 companies in the Travel & Leisure industry, placing it in the top 71.5%.
Is Altin Yunus Cesme Turistik Tesisleri AS's Return-on-Tangible-Asset too high?
Altin Yunus Cesme Turistik Tesisleri AS's current Return-on-Tangible-Asset is -2.93%. Based on the distribution chart, Altin Yunus Cesme Turistik Tesisleri AS ranks #611 out of 855 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Altin Yunus Cesme Turistik Tesisleri AS has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altin Yunus Cesme Turistik Tesisleri AS's Return-on-Tangible-Asset compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Altin Yunus Cesme Turistik Tesisleri AS ranks #611 out of 855 companies for Return-on-Tangible-Asset. This places Altin Yunus Cesme Turistik Tesisleri AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.73. 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.73, based on 855 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 Altin Yunus Cesme Turistik Tesisleri AS and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altin Yunus Cesme Turistik Tesisleri AS's current Return-on-Tangible-Asset is -2.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altin Yunus Cesme Turistik Tesisleri AS stock overvalued right now?
Based on GuruFocus' analysis, Altin Yunus Cesme Turistik Tesisleri AS (IST:AYCES) is currently considered Fairly Valued. The stock's GF Value™ is ₺538.08, compared to a current price of ₺522.50 — trading 2.9% below its estimated fair value. The current Return-on-Tangible-Asset is -2.93%. Altin Yunus Cesme Turistik Tesisleri AS's overall GF Score™ is 47/100 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 Altin Yunus Cesme Turistik Tesisleri AS (IST:AYCES), the current Return-on-Tangible-Asset is -2.93% 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 Altin Yunus Cesme Turistik Tesisleri AS (IST:AYCES) Overvalued in 2026?

Based on GuruFocus' analysis, Altin Yunus Cesme Turistik Tesisleri AS stock appears to be undervalued. The current stock price of ₺522.50 is trading 2.9% below its estimated GF Value™ of ₺538.08. GuruFocus considers Altin Yunus Cesme Turistik Tesisleri AS to be Fairly Valued.

Key valuation signals for IST:AYCES:

  • Return-on-Tangible-Asset: -2.93%
  • GF Value™: ₺538.08 vs. price of ₺522.50 (2.9% below fair value)
  • GF Score™: 47/100 with 5 warning signs

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


Altin Yunus Cesme Turistik Tesisleri AS Business Description

Address No. 120/101 Konak, Akdeniz Mah. sehit Fethi Bey Caddesi, Izmir, TUR
Altin Yunus Cesme Turistik Tesisleri AS, formerly Altin Yunus Cesme AS operates as a resort. It provides various hotel facilities such as tennis courts, outdoor and indoor swimming pools, a surf club, a diving school, beach volleyball, basketball, mini football and a movie theatre.
47GF Score

Get the complete analysis for IST:AYCES

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

₺522.50
Price
₺538.08
GF Value