Marshall Boya VE Verniknayii AS (IST:MRSHL) Return-on-Tangible-Asset: 9.13% (As of Jun. 2026)

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IST:MRSHL Marshall Boya VE Vernik Sanayii AS IST:MRSHL
58 GF Score
Price ₺1,778.00
GF Value ₺1,604.77
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Marshall Boya VE Verniknayii AS Return-on-Tangible-Asset?

Marshall Boya VE Verniknayii AS IST:MRSHL -4.97% 58 Return-on-Tangible-Asset is 9.13% as of Jun. 2026. GuruFocus rates IST:MRSHL with a GF Score™ of 58/100 and a GF Value™ of ₺1,604.77 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,616 Chemicals companies, Marshall Boya VE Verniknayii AS ranks worse than 78.59% 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. Marshall Boya VE Verniknayii AS's annualized Net Income for the quarter that ended in Jun. 2026 was ₺419 Mil. Marshall Boya VE Verniknayii AS's average total tangible assets for the quarter that ended in Jun. 2026 was ₺4,593 Mil. Therefore, Marshall Boya VE Verniknayii AS's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 9.13%.

The historical rank and industry rank for Marshall Boya VE Verniknayii AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:MRSHL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.76   Med: -4.58   Max: 6.68
Current: -1.52

During the past 13 years, Marshall Boya VE Verniknayii AS's highest Return-on-Tangible-Asset was 6.68%. The lowest was -14.76%. And the median was -4.58%.

IST:MRSHL's Return-on-Tangible-Asset is ranked worse than
78.59% of 1616 companies
in the Chemicals industry
Industry Median: 3.19 vs IST:MRSHL: -1.52

Marshall Boya VE Verniknayii AS  (IST:MRSHL) 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.


Marshall Boya VE Verniknayii AS Return-on-Tangible-Asset Related Terms


Marshall Boya VE Verniknayii AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS Return-on-Tangible-Asset Chart

Marshall Boya VE Verniknayii 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 -14.76 -2.00 -7.15 -9.86 -8.95

Marshall Boya VE Verniknayii AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -11.83 -24.10 -11.54 17.53 9.13

IST:MRSHL vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison

For the Specialty Chemicals subindustry, Marshall Boya VE Verniknayii 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.


Marshall Boya VE Verniknayii AS Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Marshall Boya VE Verniknayii AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Marshall Boya VE Verniknayii AS's Return-on-Tangible-Asset falls into.


IST:MRSHL
58GF Score
Marshall Boya VE Vernik Sanayii AS IST:MRSHL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marshall Boya VE Verniknayii AS Return-on-Tangible-Asset Calculation

Marshall Boya VE Verniknayii 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 )
=-291.491/( (3345.1+3165.182)/ 2 )
=-291.491/3255.141
=-8.95 %

Marshall Boya VE Verniknayii AS's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=419.428/( (4343.453+4842.336)/ 2 )
=419.428/4592.8945
=9.13 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 9.13% mean?
Marshall Boya VE Verniknayii AS (IST:MRSHL) has a Return-on-Tangible-Asset of 9.13% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Marshall Boya VE Verniknayii AS and its competitors. According to the industry distribution chart, Marshall Boya VE Verniknayii AS ranks #1270 out of 1616 companies in the Chemicals industry, placing it in the top 78.6%.
Is Marshall Boya VE Verniknayii AS's Return-on-Tangible-Asset too high?
Marshall Boya VE Verniknayii AS's current Return-on-Tangible-Asset is 9.13%. The Chemicals industry median Return-on-Tangible-Asset is 3.19. Marshall Boya VE Verniknayii AS's value of 9.13% is 186.2% above this industry median. Based on the distribution chart, Marshall Boya VE Verniknayii AS ranks #1270 out of 1616 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Marshall Boya VE Verniknayii AS has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marshall Boya VE Verniknayii AS's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Marshall Boya VE Verniknayii AS ranks #1270 out of 1616 companies for Return-on-Tangible-Asset. This places Marshall Boya VE Verniknayii AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.19. Marshall Boya VE Verniknayii AS's value of 9.13% is 186.2% 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.19, based on 1,616 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. Marshall Boya VE Verniknayii AS's current Return-on-Tangible-Asset of 9.13% is 186.2% 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 Marshall Boya VE Verniknayii AS and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marshall Boya VE Verniknayii AS's current Return-on-Tangible-Asset is 9.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshall Boya VE Verniknayii AS stock overvalued right now?
Based on GuruFocus' analysis, Marshall Boya VE Verniknayii AS (IST:MRSHL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺1,604.77, compared to a current price of ₺1,778.00 — trading 10.8% above its estimated fair value. The current Return-on-Tangible-Asset is 9.13% and 186.2% above the Chemicals industry median of 3.19. Marshall Boya VE Verniknayii AS's overall GF Score™ is 58/100 with 3 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 Marshall Boya VE Verniknayii AS (IST:MRSHL), the current Return-on-Tangible-Asset is 9.13% as of Jun. 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 Marshall Boya VE Verniknayii AS (IST:MRSHL) Overvalued in 2026?

Based on GuruFocus' analysis, Marshall Boya VE Verniknayii AS stock appears to be overvalued. The current stock price of ₺1,778.00 is trading 10.8% above its estimated GF Value™ of ₺1,604.77. GuruFocus considers Marshall Boya VE Verniknayii AS to be Modestly Overvalued.

Key valuation signals for IST:MRSHL:

  • Return-on-Tangible-Asset: 9.13%
  • GF Value™: ₺1,604.77 vs. price of ₺1,778.00 (10.8% above fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 186.2% above the Chemicals median (#1270 of 1616)

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


Marshall Boya VE Verniknayii AS Business Description

Address Dilovasi Organize San. Bolgesi, 1.Kisim Tuna Caddesi No:1, Dilovasi, Gebze, Kocaeli, TUR, 41455
Marshall Boya VE Vernik Sanayii AS is a Turkey-based company involved in manufacturing paints, coatings, and specialty chemicals. The variety of paints provided by the company includes Panel Door Paint, Fit Silicone, Fit Plastic, Antibacterial Hygiene and Silicone Silk Mat Tinted among others.
58GF Score

Get the complete analysis for IST:MRSHL

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

₺1,778.00
Price
₺1,604.77
GF Value