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IST:PNLSN's Return-on-Tangible-Asset is ranked better than 69.62% of 1784
companies
in the Construction industry
Industry Median: 3.055
vs IST:PNLSN: 6.21
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) 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.
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Return-on-Tangible-Asset Related Terms
Panelsan Cati Cephe Sistemlerinayi VeTicaret 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.
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Return-on-Tangible-Asset Chart
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Annual Data
IST:PNLSN vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Panelsan Cati Cephe Sistemlerinayi VeTicaret 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.
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Return-on-Tangible-Asset vs Construction Industry
* 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 -3.32% mean?
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) has a Return-on-Tangible-Asset of -3.32% 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 Panelsan Cati Cephe Sistemlerinayi VeTicaret AS and its competitors. Over the past decade, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Return-on-Tangible-Asset has ranged from 0.26 to 15.40. According to the industry distribution chart, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS ranks #542 out of 1784 companies in the Construction industry, placing it in the top 30.4%.
Is Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Return-on-Tangible-Asset too high?
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's current Return-on-Tangible-Asset is -3.32%. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 15.40. Based on the distribution chart, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS ranks #542 out of 1784 companies in the Construction industry, which is above the industry midpoint. Overall, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS ranks #542 out of 1784 companies for Return-on-Tangible-Asset. This puts Panelsan Cati Cephe Sistemlerinayi VeTicaret AS in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Historically, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's own Return-on-Tangible-Asset has ranged from 0.26 to 15.40 over the past decade. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,784 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 Panelsan Cati Cephe Sistemlerinayi VeTicaret AS and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's current Return-on-Tangible-Asset is -3.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panelsan Cati Cephe Sistemlerinayi VeTicaret AS stock overvalued right now?
Based on GuruFocus' analysis, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) is currently considered Fairly Valued. The stock's GF Value™ is ₺47.45, compared to a current price of ₺46.34 — trading 2.3% below its estimated fair value. The current Return-on-Tangible-Asset is -3.32%. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's overall GF Score™ is 85/100 with 5 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 Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN), the current Return-on-Tangible-Asset is -3.32% 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 Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Overvalued in 2026?
Based on GuruFocus' analysis, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS stock appears to be undervalued.
The current stock price of ₺46.34 is trading 2.3% below its estimated GF Value™ of ₺47.45.
GuruFocus considers Panelsan Cati Cephe Sistemlerinayi VeTicaret AS to be Fairly Valued.
Key valuation signals for IST:PNLSN:
Return-on-Tangible-Asset: -3.32%
GF Value™: ₺47.45 vs. price of ₺46.34 (2.3% below fair value)
No single metric tells the full story. See the IST:PNLSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Business Description
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