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Ayen Enerji ASIST:AYEN -1.96%54 Return-on-Tangible-Asset is 1.39% as of Mar. 2026, which is 9% above its 10-year median of 1.28. GuruFocus rates IST:AYEN with a GF Score™ of 54/100 and a GF Value™ of ₺23.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Ayen Enerji AS ranks worse than 52.78% 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. Ayen Enerji AS's annualizedNet Income for the quarter that ended in Mar. 2026 was ₺379 Mil. Ayen Enerji AS's average total tangible assets for the quarter that ended in Mar. 2026 was ₺27,367 Mil. Therefore, Ayen Enerji AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.39%.
The historical rank and industry rank for Ayen Enerji AS's Return-on-Tangible-Asset or its related term are showing as below:
IST:AYEN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.09 Med: 1.28 Max: 15.53
Current: 0.96
During the past 13 years, Ayen Enerji AS's highest Return-on-Tangible-Asset was 15.53%. The lowest was -3.09%. And the median was 1.28%.
IST:AYEN's Return-on-Tangible-Asset is ranked worse than 52.78% of 449
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.29
vs IST:AYEN: 0.96
Ayen Enerji AS (IST:AYEN) 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.
Ayen Enerji AS Return-on-Tangible-Asset Related Terms
Ayen Enerji AS Return-on-Tangible-Asset Historical Data
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The historical data trend for Ayen Enerji 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.
Ayen Enerji AS Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Ayen Enerji 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.
Ayen Enerji AS Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ayen Enerji AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ayen Enerji 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 1.39% mean?
Ayen Enerji AS (IST:AYEN) has a Return-on-Tangible-Asset of 1.39% 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 Ayen Enerji AS and its competitors. This is near median its historical median of 1.28. According to the industry distribution chart, Ayen Enerji AS ranks #237 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 52.8%.
Is Ayen Enerji AS's Return-on-Tangible-Asset too high?
Ayen Enerji AS's current Return-on-Tangible-Asset of 1.39% is near median its 10-year median of 1.28. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.29. Ayen Enerji AS's value of 1.39% is 7.8% above this industry median. Based on the distribution chart, Ayen Enerji AS ranks #237 out of 449 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Ayen Enerji AS has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayen Enerji AS's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ayen Enerji AS ranks #237 out of 449 companies for Return-on-Tangible-Asset. This places Ayen Enerji AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.29. Ayen Enerji AS's value of 1.39% is 7.8% above this benchmark. While the company's 10-year median is 1.28 vs. the industry median of 1.29, Ayen Enerji 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.29, based on 449 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. Ayen Enerji AS's current Return-on-Tangible-Asset of 1.39% is 7.8% 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 Ayen Enerji AS and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ayen Enerji AS's current Return-on-Tangible-Asset is 1.39%, which is near median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayen Enerji AS stock overvalued right now?
Based on GuruFocus' analysis, Ayen Enerji AS (IST:AYEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺23.13, compared to a current price of ₺35.00 — trading 51.3% above its estimated fair value. The current Return-on-Tangible-Asset is 1.39%, which is near median its 10-year median of 1.28 and 7.8% above the Utilities - Independent Power Producers industry median of 1.29. Ayen Enerji AS's overall GF Score™ is 54/100 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 Ayen Enerji AS (IST:AYEN), the current Return-on-Tangible-Asset is 1.39% 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 Ayen Enerji AS (IST:AYEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ayen Enerji AS stock appears to be overvalued.
The current stock price of ₺35.00 is trading 51.3% above its estimated GF Value™ of ₺23.13.
GuruFocus considers Ayen Enerji AS to be Significantly Overvalued.
Key valuation signals for IST:AYEN:
Return-on-Tangible-Asset: 1.39% (near median its 10-year median of 1.28)
GF Value™: ₺23.13 vs. price of ₺35.00 (51.3% above fair value)
Industry Position: 7.8% above the Utilities - Independent Power Producers median (#237 of 449)
No single metric tells the full story. See the IST:AYEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ayen Enerji AS is a Turkey-based company engaged in the generation, transmission, distribution, and trading of electricity. The company's geographical segment includes Turkey and Abroad. It generates maximum revenue from Abroad. The company generates the majority of its energy from Hydro plants. The companies located in abroad operate in Albania, Serbia, and Slovenia.
54GF Score
Get the complete analysis for IST:AYEN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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