Netcad Yazilim ASIST:NETCD -5.58%30 Return-on-Tangible-Asset is 77.08% as of Dec. 2024, which is 87% above its 10-year median of 41.13. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,883 Software companies, Netcad Yazilim AS ranks better than 99.34% 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. Netcad Yazilim AS's annualizedNet Income for the quarter that ended in Dec. 2024 was ₺582 Mil. Netcad Yazilim AS's average total tangible assets for the quarter that ended in Dec. 2024 was ₺756 Mil. Therefore, Netcad Yazilim AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 77.08%.
The historical rank and industry rank for Netcad Yazilim AS's Return-on-Tangible-Asset or its related term are showing as below:
IST:NETCD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 40.78 Med: 41.13 Max: 77.08
Current: 77.08
During the past 3 years, Netcad Yazilim AS's highest Return-on-Tangible-Asset was 77.08%. The lowest was 40.78%. And the median was 41.13%.
IST:NETCD's Return-on-Tangible-Asset is ranked better than 99.34% of 2883
companies
in the Software industry
Industry Median: 2.04
vs IST:NETCD: 77.08
Netcad Yazilim AS (IST:NETCD) 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.
Netcad Yazilim AS Return-on-Tangible-Asset Related Terms
Netcad Yazilim AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Netcad Yazilim 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.
Netcad Yazilim AS Return-on-Tangible-Asset Chart
Netcad Yazilim AS Annual Data
Trend
Dec22
Dec23
Dec24
Return-on-Tangible-Asset
40.78
41.13
77.08
Netcad Yazilim AS Semi-Annual Data
Dec22
Dec23
Dec24
Return-on-Tangible-Asset
40.78
41.13
77.08
IST:NETCD vs CRM, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Netcad Yazilim 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.
Netcad Yazilim AS Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Netcad Yazilim AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Netcad Yazilim 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. 2024) net income data.
What does a Return-on-Tangible-Asset of 77.08% mean?
Netcad Yazilim AS (IST:NETCD) has a Return-on-Tangible-Asset of 77.08% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Netcad Yazilim AS and its competitors. This is 87% above median its historical median of 41.13. Over the past decade, Netcad Yazilim AS's Return-on-Tangible-Asset has ranged from 40.78 to 77.08. According to the industry distribution chart, Netcad Yazilim AS ranks #19 out of 2883 companies in the Software industry, placing it in the top 0.7%.
Is Netcad Yazilim AS's Return-on-Tangible-Asset too high?
Netcad Yazilim AS's current Return-on-Tangible-Asset of 77.08% is 87% above median its 10-year median of 41.13. Over the past 10 years, this metric has ranged from a low of 40.78 to a high of 77.08. The Software industry median Return-on-Tangible-Asset is 2.04. Netcad Yazilim AS's value of 77.08% is 3678.4% above this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #19 out of 2883 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Return-on-Tangible-Asset compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #19 out of 2883 companies for Return-on-Tangible-Asset. This places Netcad Yazilim AS in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Netcad Yazilim AS's value of 77.08% is 3678.4% above this benchmark. Historically, Netcad Yazilim AS's own Return-on-Tangible-Asset has ranged from 40.78 to 77.08 over the past decade. While the company's 10-year median is 41.13 vs. the industry median of 2.04, Netcad Yazilim 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 a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,883 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. Netcad Yazilim AS's current Return-on-Tangible-Asset of 77.08% is 3678.4% 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 Netcad Yazilim AS and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current Return-on-Tangible-Asset is 77.08%, which is 87% above median its own 10-year median of 41.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Return-on-Tangible-Asset of 77.08%. The current Return-on-Tangible-Asset is 77.08%, which is 87% above median its 10-year median of 41.13 and 3678.4% above the Software industry median of 2.04. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 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 Netcad Yazilim AS (IST:NETCD), the current Return-on-Tangible-Asset is 77.08% as of Dec. 2024. 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.
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score
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