Best Brands Grup Enerji Yatirim ASIST:BESTE +4.10%17 Return-on-Tangible-Asset is 3.59% as of Dec. 2024, which is at its 10-year median of 3.59. GuruFocus rates IST:BESTE with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 448 Utilities - Independent Power Producers companies, Best Brands Grup Enerji Yatirim AS ranks better than 68.53% on this metric.
The historical rank and industry rank for Best Brands Grup Enerji Yatirim AS's Return-on-Tangible-Asset or its related term are showing as below:
IST:BESTE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.26 Med: 3.59 Max: 3.71
Current: 3.59
During the past 3 years, Best Brands Grup Enerji Yatirim AS's highest Return-on-Tangible-Asset was 3.71%. The lowest was 2.26%. And the median was 3.59%.
IST:BESTE's Return-on-Tangible-Asset is ranked better than 68.53% of 448
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.285
vs IST:BESTE: 3.59
Best Brands Grup Enerji Yatirim AS (IST:BESTE) 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.
Best Brands Grup Enerji Yatirim AS Return-on-Tangible-Asset Related Terms
Best Brands Grup Enerji Yatirim 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.
Best Brands Grup Enerji Yatirim AS Return-on-Tangible-Asset Chart
Best Brands Grup Enerji Yatirim AS Annual Data
Trend
Dec22
Dec23
Dec24
Return-on-Tangible-Asset
3.71
2.26
3.59
Best Brands Grup Enerji Yatirim AS Semi-Annual Data
Dec22
Dec23
Dec24
Return-on-Tangible-Asset
3.71
2.26
3.59
Best Brands Grup Enerji Yatirim AS Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Best Brands Grup Enerji Yatirim 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.
Best Brands Grup Enerji Yatirim AS Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Best Brands Grup Enerji Yatirim AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Best Brands Grup Enerji Yatirim 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 one times the annual (Dec. 2024) net income data.
What does a Return-on-Tangible-Asset of 3.59% mean?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a Return-on-Tangible-Asset of 3.59% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Best Brands Grup Enerji Yatirim AS and its competitors. This is near median its historical median of 3.59. Over the past decade, Best Brands Grup Enerji Yatirim AS's Return-on-Tangible-Asset has ranged from 2.26 to 3.71. According to the industry distribution chart, Best Brands Grup Enerji Yatirim AS ranks #141 out of 448 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.5%.
Is Best Brands Grup Enerji Yatirim AS's Return-on-Tangible-Asset too high?
Best Brands Grup Enerji Yatirim AS's current Return-on-Tangible-Asset of 3.59% is near median its 10-year median of 3.59. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 3.71. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.29. Best Brands Grup Enerji Yatirim AS's value of 3.59% is 179.4% above this industry median. Based on the distribution chart, Best Brands Grup Enerji Yatirim AS ranks #141 out of 448 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Best Brands Grup Enerji Yatirim AS has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Best Brands Grup Enerji Yatirim AS's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Best Brands Grup Enerji Yatirim AS ranks #141 out of 448 companies for Return-on-Tangible-Asset. This puts Best Brands Grup Enerji Yatirim AS in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.29. Best Brands Grup Enerji Yatirim AS's value of 3.59% is 179.4% above this benchmark. Historically, Best Brands Grup Enerji Yatirim AS's own Return-on-Tangible-Asset has ranged from 2.26 to 3.71 over the past decade. While the company's 10-year median is 3.59 vs. the industry median of 1.29, Best Brands Grup Enerji Yatirim 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 448 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. Best Brands Grup Enerji Yatirim AS's current Return-on-Tangible-Asset of 3.59% is 179.4% 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 Best Brands Grup Enerji Yatirim 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. Best Brands Grup Enerji Yatirim AS's current Return-on-Tangible-Asset is 3.59%, which is near median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Brands Grup Enerji Yatirim AS stock overvalued right now?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a current Return-on-Tangible-Asset of 3.59%. The current Return-on-Tangible-Asset is 3.59%, which is near median its 10-year median of 3.59 and 179.4% above the Utilities - Independent Power Producers industry median of 1.29. Best Brands Grup Enerji Yatirim AS's overall GF Score™ is 17/100 with 2 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 Best Brands Grup Enerji Yatirim AS (IST:BESTE), the current Return-on-Tangible-Asset is 3.59% as of Dec. 2024. 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.
Best Brands Grup Enerji Yatirim AS Business Description
Best Brands Grup Enerji Yatirim AS is a renewable energy organization. The company is engaged in the establishment, commissioning, leasing, and participation in existing or future facilities, individuals, and businesses, as well as the production of electrical energy and the sale of the produced electrical energy and/or capacity to customers, both domestically and internationally. Its activities are carried out through its solar power plants are related to electricity generation.
17GF Score
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