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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. Celik Halat ve Telnayii AS's annualizedNet Income for the quarter that ended in Mar. 2026 was ₺-1,227 Mil. Celik Halat ve Telnayii AS's average total tangible assets for the quarter that ended in Mar. 2026 was ₺5,744 Mil. Therefore, Celik Halat ve Telnayii AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -21.36%.
The historical rank and industry rank for Celik Halat ve Telnayii AS's Return-on-Tangible-Asset or its related term are showing as below:
IST:CELHA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.49 Med: 1.17 Max: 10.38
Current: -13.49
During the past 13 years, Celik Halat ve Telnayii AS's highest Return-on-Tangible-Asset was 10.38%. The lowest was -13.49%. And the median was 1.17%.
IST:CELHA's Return-on-Tangible-Asset is ranked worse than 91.3% of 3079
companies
in the Industrial Products industry
Industry Median: 3.28
vs IST:CELHA: -13.49
Celik Halat ve Telnayii AS (IST:CELHA) 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.
Celik Halat ve Telnayii AS Return-on-Tangible-Asset Related Terms
Celik Halat ve Telnayii 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.
Celik Halat ve Telnayii AS Return-on-Tangible-Asset Chart
IST:CELHA vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Celik Halat ve Telnayii 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.
Celik Halat ve Telnayii AS Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Celik Halat ve Telnayii AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Celik Halat ve Telnayii 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 -21.36% mean?
Celik Halat ve Telnayii AS (IST:CELHA) has a Return-on-Tangible-Asset of -21.36% 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 Celik Halat ve Telnayii AS and its competitors. According to the industry distribution chart, Celik Halat ve Telnayii AS ranks #2811 out of 3079 companies in the Industrial Products industry, placing it in the top 91.3%.
Is Celik Halat ve Telnayii AS's Return-on-Tangible-Asset too high?
Celik Halat ve Telnayii AS's current Return-on-Tangible-Asset is -21.36%. Based on the distribution chart, Celik Halat ve Telnayii AS ranks #2811 out of 3079 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Celik Halat ve Telnayii AS has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celik Halat ve Telnayii AS's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Celik Halat ve Telnayii AS ranks #2811 out of 3079 companies for Return-on-Tangible-Asset. This places Celik Halat ve Telnayii AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.28. 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.28, based on 3,079 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 Celik Halat ve Telnayii AS and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celik Halat ve Telnayii AS's current Return-on-Tangible-Asset is -21.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celik Halat ve Telnayii AS stock overvalued right now?
Based on GuruFocus' analysis, Celik Halat ve Telnayii AS (IST:CELHA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.66, compared to a current price of ₺23.60 — trading 254.4% above its estimated fair value. The current Return-on-Tangible-Asset is -21.36%. Celik Halat ve Telnayii AS's overall GF Score™ is 38/100 with 9 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 Celik Halat ve Telnayii AS (IST:CELHA), the current Return-on-Tangible-Asset is -21.36% 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 Celik Halat ve Telnayii AS (IST:CELHA) Overvalued in 2026?
Based on GuruFocus' analysis, Celik Halat ve Telnayii AS stock appears to be overvalued.
The current stock price of ₺23.60 is trading 254.4% above its estimated GF Value™ of ₺6.66.
GuruFocus considers Celik Halat ve Telnayii AS to be Significantly Overvalued.
Key valuation signals for IST:CELHA:
Return-on-Tangible-Asset: -21.36%
GF Value™: ₺6.66 vs. price of ₺23.60 (254.4% above fair value)
No single metric tells the full story. See the IST:CELHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Celik Halat ve Tel Sanayii AS is engaged in manufacturing high carbon wire and steel wire ropes. Its products portfolio includes steel wire ropes consisting of Crane Ropes, Chairlift Ropes, Marine Ropes, Mining Ropes, Elevator Ropes, and special ropes; galvanized wire, bead wire, mechanical spring wire; prestressed concrete strand, concrete strand, and concrete wire. Its products are used in various sectors including mining, construction, tire, bead, energy, fishery and other manufacturing industries. Its products are exported to the USA, Canada, Holland, Romania, Serbia, Spain, Italy and other European Countries, Turkmenistan, Azerbaijan and other Turkic Republics.
38GF Score
Get the complete analysis for IST:CELHA
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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