Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Return-on-Tangible-Asset: 23.48% (As of Mar. 2026) — 612% Above Median

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IST:MAGEN Margun Enerji Uretim Sanayi Ve Ticaret AS IST:MAGEN
53 GF Score
Price ₺39.60
GF Value ₺12.90
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Margun Enerji Uretimnayi Ve Ticaret AS Return-on-Tangible-Asset?

Margun Enerji Uretimnayi Ve Ticaret AS IST:MAGEN +2.06% 53 Return-on-Tangible-Asset is 23.48% as of Mar. 2026, which is 612% above its 10-year median of 3.30. GuruFocus rates IST:MAGEN with a GF Score™ of 53/100 and a GF Value™ of ₺12.90 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Margun Enerji Uretimnayi Ve Ticaret AS ranks worse than 73.94% 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. Margun Enerji Uretimnayi Ve Ticaret AS's annualized Net Income for the quarter that ended in Mar. 2026 was ₺5,783 Mil. Margun Enerji Uretimnayi Ve Ticaret AS's average total tangible assets for the quarter that ended in Mar. 2026 was ₺24,625 Mil. Therefore, Margun Enerji Uretimnayi Ve Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 23.48%.

The historical rank and industry rank for Margun Enerji Uretimnayi Ve Ticaret AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:MAGEN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.13   Med: 3.3   Max: 28.99
Current: -2.52

During the past 8 years, Margun Enerji Uretimnayi Ve Ticaret AS's highest Return-on-Tangible-Asset was 28.99%. The lowest was -13.13%. And the median was 3.30%.

IST:MAGEN's Return-on-Tangible-Asset is ranked worse than
73.94% of 449 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.29 vs IST:MAGEN: -2.52

Margun Enerji Uretimnayi Ve Ticaret AS  (IST:MAGEN) 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.


Margun Enerji Uretimnayi Ve Ticaret AS Return-on-Tangible-Asset Related Terms


Margun Enerji Uretimnayi Ve Ticaret AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Margun Enerji Uretimnayi 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.

Margun Enerji Uretimnayi Ve Ticaret AS Return-on-Tangible-Asset Chart

Margun Enerji Uretimnayi Ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 28.99 -13.13 2.79 -1.79 -7.51

Margun Enerji Uretimnayi Ve Ticaret 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 8.56 1.26 -2.75 -35.73 23.48

Margun Enerji Uretimnayi Ve Ticaret AS Return-on-Tangible-Asset Competitor Comparison

For the Utilities - Renewable subindustry, Margun Enerji Uretimnayi 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.


Margun Enerji Uretimnayi Ve Ticaret AS Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Margun Enerji Uretimnayi Ve Ticaret AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Margun Enerji Uretimnayi Ve Ticaret AS's Return-on-Tangible-Asset falls into.


IST:MAGEN
53GF Score
Margun Enerji Uretim Sanayi Ve Ticaret AS IST:MAGEN
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Margun Enerji Uretimnayi Ve Ticaret AS Return-on-Tangible-Asset Calculation

Margun Enerji Uretimnayi 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 )
=-1615.842/( (22142.075+20882.684)/ 2 )
=-1615.842/21512.3795
=-7.51 %

Margun Enerji Uretimnayi 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 )
=5782.868/( (20882.684+28367.341)/ 2 )
=5782.868/24625.0125
=23.48 %

* 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 23.48% mean?
Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) has a Return-on-Tangible-Asset of 23.48% 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 Margun Enerji Uretimnayi Ve Ticaret AS and its competitors. This is 612% above median its historical median of 3.30. According to the industry distribution chart, Margun Enerji Uretimnayi Ve Ticaret AS ranks #332 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 73.9%.
Is Margun Enerji Uretimnayi Ve Ticaret AS's Return-on-Tangible-Asset too high?
Margun Enerji Uretimnayi Ve Ticaret AS's current Return-on-Tangible-Asset of 23.48% is 612% above median its 10-year median of 3.30. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.29. Margun Enerji Uretimnayi Ve Ticaret AS's value of 23.48% is 1720.2% above this industry median. Based on the distribution chart, Margun Enerji Uretimnayi Ve Ticaret AS ranks #332 out of 449 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Margun Enerji Uretimnayi Ve Ticaret AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Margun Enerji Uretimnayi Ve Ticaret AS's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Margun Enerji Uretimnayi Ve Ticaret AS ranks #332 out of 449 companies for Return-on-Tangible-Asset. This places Margun Enerji Uretimnayi Ve Ticaret AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.29. Margun Enerji Uretimnayi Ve Ticaret AS's value of 23.48% is 1720.2% above this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 1.29, Margun Enerji Uretimnayi Ve Ticaret 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 449 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. Margun Enerji Uretimnayi Ve Ticaret AS's current Return-on-Tangible-Asset of 23.48% is 1720.2% 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 Margun Enerji Uretimnayi Ve Ticaret 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. Margun Enerji Uretimnayi Ve Ticaret AS's current Return-on-Tangible-Asset is 23.48%, which is 612% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Margun Enerji Uretimnayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺12.90, compared to a current price of ₺39.60 — trading 207% above its estimated fair value. The current Return-on-Tangible-Asset is 23.48%, which is 612% above median its 10-year median of 3.30 and 1720.2% above the Utilities - Independent Power Producers industry median of 1.29. Margun Enerji Uretimnayi Ve Ticaret AS's overall GF Score™ is 53/100 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 Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN), the current Return-on-Tangible-Asset is 23.48% 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 Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Margun Enerji Uretimnayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺39.60 is trading 207% above its estimated GF Value™ of ₺12.90. GuruFocus considers Margun Enerji Uretimnayi Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:MAGEN:

  • Return-on-Tangible-Asset: 23.48% (612% above median its 10-year median of 3.30)
  • GF Value™: ₺12.90 vs. price of ₺39.60 (207% above fair value)
  • GF Score™: 53/100 with 9 warning signs
  • Industry Position: 1720.2% above the Utilities - Independent Power Producers median (#332 of 449)

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


Margun Enerji Uretimnayi Ve Ticaret AS Business Description

Address Ufuk Universitesi Caddesi No: 4/69, Floors 25-26, 1450 Sokak No: 1/67, Next Level Loft Office, Kizilirmak Mahallesi, Cankaya, Ankara, TUR
Margun Enerji Uretim Sanayi Ve Ticaret AS operates in the establishment and commissioning of power plants to generate electricity from renewable energy sources, primarily solar energy, electric power generation, establishment and contracting of power generation facilities. Its project development activities are located in Europe mainly in Spain, Italy, Germany, Netherlands, Romania, Greece, in United Kingdom and the United States.
53GF Score

Get the complete analysis for IST:MAGEN

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

₺39.60
Price
₺12.90
GF Value