Celebi Hava Servisi AS (IST:CLEBI) Return-on-Tangible-Asset: 0.11% (As of Mar. 2026) — 99% Below Median

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IST:CLEBI Celebi Hava Servisi AS IST:CLEBI
72 GF Score
Price ₺1,490.00
GF Value ₺2,299.16
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Celebi Hava Servisi AS Return-on-Tangible-Asset?

Celebi Hava Servisi AS IST:CLEBI -1.91% 72 Return-on-Tangible-Asset is 0.11% as of Mar. 2026, which is 99% below its 10-year median of 15.70. GuruFocus rates IST:CLEBI with a GF Score™ of 72/100 and a GF Value™ of ₺2,299.16 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,009 Transportation companies, Celebi Hava Servisi AS ranks better than 92.27% 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. Celebi Hava Servisi AS's annualized Net Income for the quarter that ended in Mar. 2026 was ₺26 Mil. Celebi Hava Servisi AS's average total tangible assets for the quarter that ended in Mar. 2026 was ₺23,314 Mil. Therefore, Celebi Hava Servisi AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.11%.

The historical rank and industry rank for Celebi Hava Servisi AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:CLEBI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.76   Med: 15.7   Max: 22.94
Current: 14.21

During the past 13 years, Celebi Hava Servisi AS's highest Return-on-Tangible-Asset was 22.94%. The lowest was -7.76%. And the median was 15.70%.

IST:CLEBI's Return-on-Tangible-Asset is ranked better than
92.27% of 1009 companies
in the Transportation industry
Industry Median: 3.76 vs IST:CLEBI: 14.21

Celebi Hava Servisi AS  (IST:CLEBI) 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.


Celebi Hava Servisi AS Return-on-Tangible-Asset Related Terms


Celebi Hava Servisi AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Celebi Hava Servisi 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.

Celebi Hava Servisi AS Return-on-Tangible-Asset Chart

Celebi Hava Servisi 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 15.10 18.62 16.29 22.94 17.88

Celebi Hava Servisi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 10.47 6.86 25.65 23.73 0.11

IST:CLEBI vs JOBY, CAAP: Return-on-Tangible-Asset Comparison

For the Airports & Air Services subindustry, Celebi Hava Servisi 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.


Celebi Hava Servisi AS Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Celebi Hava Servisi AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Celebi Hava Servisi AS's Return-on-Tangible-Asset falls into.


IST:CLEBI
72GF Score
Celebi Hava Servisi AS IST:CLEBI
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celebi Hava Servisi AS Return-on-Tangible-Asset Calculation

Celebi Hava Servisi 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 )
=3637.203/( (17571.026+23112.391)/ 2 )
=3637.203/20341.7085
=17.88 %

Celebi Hava Servisi 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 )
=25.764/( (23112.391+23515.323)/ 2 )
=25.764/23313.857
=0.11 %

* 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 0.11% mean?
Celebi Hava Servisi AS (IST:CLEBI) has a Return-on-Tangible-Asset of 0.11% 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 Celebi Hava Servisi AS and its competitors. This is 99% below median its historical median of 15.70. According to the industry distribution chart, Celebi Hava Servisi AS ranks #78 out of 1009 companies in the Transportation industry, placing it in the top 7.7%.
Is Celebi Hava Servisi AS's Return-on-Tangible-Asset too high?
Celebi Hava Servisi AS's current Return-on-Tangible-Asset of 0.11% is 99% below median its 10-year median of 15.70. The Transportation industry median Return-on-Tangible-Asset is 3.76. Celebi Hava Servisi AS's value of 0.11% is 97.1% below this industry median. Based on the distribution chart, Celebi Hava Servisi AS ranks #78 out of 1009 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Celebi Hava Servisi AS has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Celebi Hava Servisi AS's Return-on-Tangible-Asset compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Celebi Hava Servisi AS ranks #78 out of 1009 companies for Return-on-Tangible-Asset. This places Celebi Hava Servisi AS in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.76. Celebi Hava Servisi AS's value of 0.11% is 97.1% below this benchmark. While the company's 10-year median is 15.70 vs. the industry median of 3.76, Celebi Hava Servisi AS has consistently been below 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.76, based on 1,009 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. Celebi Hava Servisi AS's current Return-on-Tangible-Asset of 0.11% is 97.1% below 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 Celebi Hava Servisi AS and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celebi Hava Servisi AS's current Return-on-Tangible-Asset is 0.11%, which is 99% below median its own 10-year median of 15.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celebi Hava Servisi AS stock overvalued right now?
Based on GuruFocus' analysis, Celebi Hava Servisi AS (IST:CLEBI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺2,299.16, compared to a current price of ₺1,490.00 — trading 35.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.11%, which is 99% below median its 10-year median of 15.70 and 97.1% below the Transportation industry median of 3.76. Celebi Hava Servisi AS's overall GF Score™ is 72/100 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 Celebi Hava Servisi AS (IST:CLEBI), the current Return-on-Tangible-Asset is 0.11% 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 Celebi Hava Servisi AS (IST:CLEBI) Overvalued in 2026?

Based on GuruFocus' analysis, Celebi Hava Servisi AS stock appears to be undervalued. The current stock price of ₺1,490.00 is trading 35.2% below its estimated GF Value™ of ₺2,299.16. GuruFocus considers Celebi Hava Servisi AS to be Significantly Undervalued.

Key valuation signals for IST:CLEBI:

  • Return-on-Tangible-Asset: 0.11% (99% below median its 10-year median of 15.70)
  • GF Value™: ₺2,299.16 vs. price of ₺1,490.00 (35.2% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 97.1% below the Transportation median (#78 of 1009)

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


Celebi Hava Servisi AS Business Description

Address Tayakadin Mahallesi, Nuri Demirag Caddesi No: 39, Arnavutkoy, Istanbul, TUR, 34768
Celebi Hava Servisi AS is a supplier of ground handling services to the aviation industry. The company's primary operating segment includes Ground Handling Services and Cargo and Warehouse Services. Other services include Bridge operation, Lounge, General Aviation and Platinum. It generates maximum revenue from the Ground Handling Services segment. Geographically, it operates in Turkey, Hungary, India, Spain, Tanzania and Germany.
72GF Score

Get the complete analysis for IST:CLEBI

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

₺1,490.00
Price
₺2,299.16
GF Value