Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Return-on-Tangible-Asset: -12.47% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:DOFER Dofer Yapi Malzemeleri Sanayi ve Ticaret AS IST:DOFER
74 GF Score
Price ₺30.62
GF Value ₺62.73
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Dofer Yapi Malzemelerinayi ve Ticaret AS Return-on-Tangible-Asset?

Dofer Yapi Malzemelerinayi ve Ticaret AS IST:DOFER -1.98% 74 Return-on-Tangible-Asset is -12.47% as of Mar. 2026. GuruFocus rates IST:DOFER with a GF Score™ of 74/100 and a GF Value™ of ₺62.73 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 634 Steel companies, Dofer Yapi Malzemelerinayi ve Ticaret AS ranks worse than 68.61% 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. Dofer Yapi Malzemelerinayi ve Ticaret AS's annualized Net Income for the quarter that ended in Mar. 2026 was ₺-361 Mil. Dofer Yapi Malzemelerinayi ve Ticaret AS's average total tangible assets for the quarter that ended in Mar. 2026 was ₺2,899 Mil. Therefore, Dofer Yapi Malzemelerinayi ve Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -12.47%.

The historical rank and industry rank for Dofer Yapi Malzemelerinayi ve Ticaret AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:DOFER' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.68   Med: 2.66   Max: 13.96
Current: -0.04

During the past 6 years, Dofer Yapi Malzemelerinayi ve Ticaret AS's highest Return-on-Tangible-Asset was 13.96%. The lowest was -5.68%. And the median was 2.66%.

IST:DOFER's Return-on-Tangible-Asset is ranked worse than
68.61% of 634 companies
in the Steel industry
Industry Median: 2.015 vs IST:DOFER: -0.04

Dofer Yapi Malzemelerinayi ve Ticaret AS  (IST:DOFER) 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.


Dofer Yapi Malzemelerinayi ve Ticaret AS Return-on-Tangible-Asset Related Terms


Dofer Yapi Malzemelerinayi ve Ticaret AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Dofer Yapi Malzemelerinayi ve Ticaret 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.

Dofer Yapi Malzemelerinayi ve Ticaret AS Return-on-Tangible-Asset Chart

Dofer Yapi Malzemelerinayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 2.51 4.74 13.96 -5.68 0.76

Dofer Yapi Malzemelerinayi ve Ticaret AS Quarterly Data
Dec20 Dec21 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 -20.17 5.57 9.47 1.51 -12.47

IST:DOFER vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison

For the Steel subindustry, Dofer Yapi Malzemelerinayi 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.


Dofer Yapi Malzemelerinayi ve Ticaret AS Return-on-Tangible-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Dofer Yapi Malzemelerinayi ve Ticaret AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Dofer Yapi Malzemelerinayi ve Ticaret AS's Return-on-Tangible-Asset falls into.


IST:DOFER
74GF Score
Dofer Yapi Malzemeleri Sanayi ve Ticaret AS IST:DOFER
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dofer Yapi Malzemelerinayi ve Ticaret AS Return-on-Tangible-Asset Calculation

Dofer Yapi Malzemelerinayi ve Ticaret 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 )
=17.104/( (1897.177+2615.68)/ 2 )
=17.104/2256.4285
=0.76 %

Dofer Yapi Malzemelerinayi ve Ticaret 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 )
=-361.472/( (2615.68+3183.274)/ 2 )
=-361.472/2899.477
=-12.47 %

* 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 -12.47% mean?
Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) has a Return-on-Tangible-Asset of -12.47% 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 Dofer Yapi Malzemelerinayi ve Ticaret AS and its competitors. According to the industry distribution chart, Dofer Yapi Malzemelerinayi ve Ticaret AS ranks #435 out of 634 companies in the Steel industry, placing it in the top 68.6%.
Is Dofer Yapi Malzemelerinayi ve Ticaret AS's Return-on-Tangible-Asset too high?
Dofer Yapi Malzemelerinayi ve Ticaret AS's current Return-on-Tangible-Asset is -12.47%. Based on the distribution chart, Dofer Yapi Malzemelerinayi ve Ticaret AS ranks #435 out of 634 companies in the Steel industry, which is below the industry midpoint. Overall, Dofer Yapi Malzemelerinayi ve Ticaret AS has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dofer Yapi Malzemelerinayi ve Ticaret AS's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Dofer Yapi Malzemelerinayi ve Ticaret AS ranks #435 out of 634 companies for Return-on-Tangible-Asset. This places Dofer Yapi Malzemelerinayi ve Ticaret AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.02. 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 2.02, 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. 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 Dofer Yapi Malzemelerinayi ve Ticaret AS and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dofer Yapi Malzemelerinayi ve Ticaret AS's current Return-on-Tangible-Asset is -12.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dofer Yapi Malzemelerinayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺62.73, compared to a current price of ₺30.62 — trading 51.2% below its estimated fair value. The current Return-on-Tangible-Asset is -12.47%. Dofer Yapi Malzemelerinayi ve Ticaret AS's overall GF Score™ is 74/100 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 Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER), the current Return-on-Tangible-Asset is -12.47% 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 Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Overvalued in 2026?

Based on GuruFocus' analysis, Dofer Yapi Malzemelerinayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺30.62 is trading 51.2% below its estimated GF Value™ of ₺62.73. GuruFocus considers Dofer Yapi Malzemelerinayi ve Ticaret AS to be Significantly Undervalued.

Key valuation signals for IST:DOFER:

  • Return-on-Tangible-Asset: -12.47%
  • GF Value™: ₺62.73 vs. price of ₺30.62 (51.2% below fair value)
  • GF Score™: 74/100 with 6 warning signs

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


Dofer Yapi Malzemelerinayi ve Ticaret AS Business Description

Address Turgut Ozal 2, Bulvar? No. 34 Dofer Plaza, Alt?ndag / ANKARA, Istanbul, TUR
Dofer Yapi Malzemeleri Sanayi ve Ticaret AS is engaged in trade of reinforcing bar, as well as production of wire mesh & pre-cut rebar.
74GF Score

Get the complete analysis for IST:DOFER

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

₺30.62
Price
₺62.73
GF Value