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.
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:KOTON's Return-on-Tangible-Asset is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.02 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) 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.
Koton Magazacilik Tekstilnayi Ve Ticaret AS Return-on-Tangible-Asset Related Terms
Koton Magazacilik Tekstilnayi 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.
Koton Magazacilik Tekstilnayi Ve Ticaret AS Return-on-Tangible-Asset Chart
Koton Magazacilik Tekstilnayi Ve Ticaret AS Annual Data
Trend
Dec21
Dec22
Dec23
Return-on-Tangible-Asset
6.40
13.87
14.75
Koton Magazacilik Tekstilnayi Ve Ticaret AS Semi-Annual Data
Dec21
Dec22
Dec23
Return-on-Tangible-Asset
6.40
13.87
14.75
IST:KOTON vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Koton Magazacilik Tekstilnayi 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.
Koton Magazacilik Tekstilnayi Ve Ticaret AS Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Koton Magazacilik Tekstilnayi Ve Ticaret AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Koton Magazacilik Tekstilnayi Ve Ticaret 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. 2023) net income data.
What does a Return-on-Tangible-Asset of 14.75% mean?
Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) has a Return-on-Tangible-Asset of 14.75% as of Dec. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Koton Magazacilik Tekstilnayi Ve Ticaret AS and its competitors.
Is Koton Magazacilik Tekstilnayi Ve Ticaret AS's Return-on-Tangible-Asset too high?
Koton Magazacilik Tekstilnayi Ve Ticaret AS's current Return-on-Tangible-Asset is 14.75%. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.02. Koton Magazacilik Tekstilnayi Ve Ticaret AS's value of 14.75% is 630.2% above this industry median. Overall, Koton Magazacilik Tekstilnayi Ve Ticaret AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Koton Magazacilik Tekstilnayi Ve Ticaret AS's Return-on-Tangible-Asset compare to RL and LEVI?
Koton Magazacilik Tekstilnayi Ve Ticaret AS's Return-on-Tangible-Asset of 14.75% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Return-on-Tangible-Asset is 2.02. Koton Magazacilik Tekstilnayi Ve Ticaret AS's value of 14.75% is 630.2% above this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.02, based on 1,068 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. Koton Magazacilik Tekstilnayi Ve Ticaret AS's current Return-on-Tangible-Asset of 14.75% is 630.2% 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 Koton Magazacilik Tekstilnayi Ve Ticaret AS and its competitors. For the Manufacturing - Apparel & Accessories 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. Koton Magazacilik Tekstilnayi Ve Ticaret AS's current Return-on-Tangible-Asset is 14.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koton Magazacilik Tekstilnayi Ve Ticaret AS stock overvalued right now?
Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) has a current Return-on-Tangible-Asset of 14.75%. The current Return-on-Tangible-Asset is 14.75% and 630.2% above the Manufacturing - Apparel & Accessories industry median of 2.02. Koton Magazacilik Tekstilnayi Ve Ticaret AS's overall GF Score™ is 20/100. 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 Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON), the current Return-on-Tangible-Asset is 14.75% as of Dec. 2023. 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.
Koton Magazacilik Tekstil Sanayi Ve Ticaret AS is a Fashion company that has grown into a regional retail ready-to-wear company that designs and sells Koton branded products in four continents. Its field of activity is to design and produce all kinds of textile and accessory products and to sell stores (retail sales) operated by itself or by Franchisees at home and abroad, through its website koton.com and the Company's mobile application. e-commerce channel, including local and international online marketplaces.
20GF Score
Get the complete analysis for IST:KOTON
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:KOTON has been successfully added to your 
