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Turk Altin Isletmeleri ASIST:TRALT -2.83%85 Return-on-Tangible-Asset is 12.06% as of Mar. 2026, which is 32% below its 10-year median of 17.83. GuruFocus rates IST:TRALT with a GF Score™ of 85/100 and a GF Value™ of ₺43.51 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,666 Metals & Mining companies, Turk Altin Isletmeleri AS ranks better than 89.42% 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. Turk Altin Isletmeleri AS's annualizedNet Income for the quarter that ended in Mar. 2026 was ₺6,436 Mil. Turk Altin Isletmeleri AS's average total tangible assets for the quarter that ended in Mar. 2026 was ₺53,382 Mil. Therefore, Turk Altin Isletmeleri AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.06%.
The historical rank and industry rank for Turk Altin Isletmeleri AS's Return-on-Tangible-Asset or its related term are showing as below:
IST:TRALT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.37 Med: 17.83 Max: 33.18
Current: 11.02
During the past 13 years, Turk Altin Isletmeleri AS's highest Return-on-Tangible-Asset was 33.18%. The lowest was -17.37%. And the median was 17.83%.
IST:TRALT's Return-on-Tangible-Asset is ranked better than 89.42% of 2666
companies
in the Metals & Mining industry
Industry Median: -17.3
vs IST:TRALT: 11.02
Turk Altin Isletmeleri AS (IST:TRALT) 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.
Turk Altin Isletmeleri AS Return-on-Tangible-Asset Related Terms
Turk Altin Isletmeleri AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Turk Altin Isletmeleri 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.
Turk Altin Isletmeleri AS Return-on-Tangible-Asset Chart
IST:TRALT vs NEM, AU, RGLD: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Turk Altin Isletmeleri 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.
Turk Altin Isletmeleri AS Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Turk Altin Isletmeleri AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Turk Altin Isletmeleri 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.06% mean?
Turk Altin Isletmeleri AS (IST:TRALT) has a Return-on-Tangible-Asset of 12.06% 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 Turk Altin Isletmeleri AS and its competitors. This is 32% below median its historical median of 17.83. According to the industry distribution chart, Turk Altin Isletmeleri AS ranks #282 out of 2666 companies in the Metals & Mining industry, placing it in the top 10.6%.
Is Turk Altin Isletmeleri AS's Return-on-Tangible-Asset too high?
Turk Altin Isletmeleri AS's current Return-on-Tangible-Asset of 12.06% is 32% below median its 10-year median of 17.83. Based on the distribution chart, Turk Altin Isletmeleri AS ranks #282 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Turk Altin Isletmeleri AS has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turk Altin Isletmeleri AS's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Turk Altin Isletmeleri AS ranks #282 out of 2666 companies for Return-on-Tangible-Asset. This places Turk Altin Isletmeleri AS in the top 11% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. 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 Turk Altin Isletmeleri AS and its competitors. Turk Altin Isletmeleri AS's current Return-on-Tangible-Asset is 12.06%, which is 32% below median its own 10-year median of 17.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Altin Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS (IST:TRALT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺43.51, compared to a current price of ₺49.12 — trading 12.9% above its estimated fair value. The current Return-on-Tangible-Asset is 12.06%, which is 32% below median its 10-year median of 17.83. Turk Altin Isletmeleri AS's overall GF Score™ is 85/100 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 Turk Altin Isletmeleri AS (IST:TRALT), the current Return-on-Tangible-Asset is 12.06% 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 Turk Altin Isletmeleri AS (IST:TRALT) Overvalued in 2026?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS stock appears to be overvalued.
The current stock price of ₺49.12 is trading 12.9% above its estimated GF Value™ of ₺43.51.
GuruFocus considers Turk Altin Isletmeleri AS to be Modestly Overvalued.
Key valuation signals for IST:TRALT:
Return-on-Tangible-Asset: 12.06% (32% below median its 10-year median of 17.83)
GF Value™: ₺43.51 vs. price of ₺49.12 (12.9% above fair value)
No single metric tells the full story. See the IST:TRALT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turk Altin Isletmeleri AS , formerly Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. Its operating mines include an underground mine at Ovacik, a mine in Cukuralan that utilizes both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.
85GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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