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IST:AYES's Return-on-Tangible-Asset is ranked better than 98.58% of 634
companies
in the Steel industry
Industry Median: 1.995
vs IST:AYES: 22.70
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) 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.
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Asset Related Terms
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Asset Historical Data
* 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.
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Asset Chart
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Annual Data
IST:AYES vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Ayes Akdeniz Yapi Elemanlarinayi 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.
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Asset vs Steel Industry
* 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 47.47% mean?
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) has a Return-on-Tangible-Asset of 47.47% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS and its competitors. This is 615% above median its historical median of 6.64. Over the past decade, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Return-on-Tangible-Asset has ranged from 2.05 to 22.70. According to the industry distribution chart, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks #9 out of 634 companies in the Steel industry, placing it in the top 1.4%.
Is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Return-on-Tangible-Asset too high?
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current Return-on-Tangible-Asset of 47.47% is 615% above median its 10-year median of 6.64. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 22.70. The Steel industry median Return-on-Tangible-Asset is 2.00. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's value of 47.47% is 2279.4% above this industry median. Based on the distribution chart, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks #9 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks #9 out of 634 companies for Return-on-Tangible-Asset. This places Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.00. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's value of 47.47% is 2279.4% above this benchmark. Historically, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's own Return-on-Tangible-Asset has ranged from 2.05 to 22.70 over the past decade. While the company's 10-year median is 6.64 vs. the industry median of 2.00, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.00, based on 634 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. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current Return-on-Tangible-Asset of 47.47% is 2279.4% 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current Return-on-Tangible-Asset is 47.47%, which is 615% above median its own 10-year median of 6.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺13.12, compared to a current price of ₺31.50 — trading 140.1% above its estimated fair value. The current Return-on-Tangible-Asset is 47.47%, which is 615% above median its 10-year median of 6.64 and 2279.4% above the Steel industry median of 2.00. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's overall GF Score™ is 56/100 with 12 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES), the current Return-on-Tangible-Asset is 47.47% as of Dec. 2025. 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) Overvalued in 2026?
Based on GuruFocus' analysis, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺31.50 is trading 140.1% above its estimated GF Value™ of ₺13.12.
GuruFocus considers Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:AYES:
Return-on-Tangible-Asset: 47.47% (615% above median its 10-year median of 6.64)
GF Value™: ₺13.12 vs. price of ₺31.50 (140.1% above fair value)
Industry Position: 2279.4% above the Steel median (#9 of 634)
No single metric tells the full story. See the IST:AYES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Business Description
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