Atakule Gayrimenkul Yatirim Ortakligi AS (IST:AGYO) Return-on-Tangible-Equity: 2.17% (As of Jun. 2023)

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IST:AGYO Atakule Gayrimenkul Yatirim Ortakligi AS IST:AGYO
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Price ₺7.65
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What is Atakule Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Equity?

Atakule Gayrimenkul Yatirim Ortakligi AS IST:AGYO +0.39% 5 Return-on-Tangible-Equity is 2.17% as of Jun. 2023. GuruFocus rates IST:AGYO with a GF Score™ of 5/100.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Atakule Gayrimenkul Yatirim Ortakligi AS's annualized net income for the quarter that ended in Jun. 2023 was ₺39.09 Mil. Atakule Gayrimenkul Yatirim Ortakligi AS's average shareholder tangible equity for the quarter that ended in Jun. 2023 was ₺1,799.04 Mil. Therefore, Atakule Gayrimenkul Yatirim Ortakligi AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 2.17%.

The historical rank and industry rank for Atakule Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:AGYO's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 6.265
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Atakule Gayrimenkul Yatirim Ortakligi AS  (IST:AGYO) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Atakule Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Equity Related Terms


Atakule Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Atakule Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Equity 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.

Atakule Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Equity Chart

Atakule Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.77 5.46 7.12 0.26 14.68

Atakule Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
Return-on-Tangible-Equity 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 0.16 1.36 2.94 1.32 2.17

IST:AGYO vs VICI, WPC, SRC: Return-on-Tangible-Equity Comparison

For the REIT - Retail subindustry, Atakule Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Atakule Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Atakule Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Atakule Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Equity falls into.


IST:AGYO
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Atakule Gayrimenkul Yatirim Ortakligi AS IST:AGYO
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Atakule Gayrimenkul Yatirim Ortakligi AS Return-on-Tangible-Equity Calculation

Atakule Gayrimenkul Yatirim Ortakligi AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=80.579/( (492.408+605.44 )/ 2 )
=80.579/548.924
=14.68 %

Atakule Gayrimenkul Yatirim Ortakligi AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=39.088/( (1794.306+1803.769)/ 2 )
=39.088/1799.0375
=2.17 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 2.17% mean?
Atakule Gayrimenkul Yatirim Ortakligi AS (IST:AGYO) has a Return-on-Tangible-Equity of 2.17% as of Jun. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Atakule Gayrimenkul Yatirim Ortakligi AS and its competitors.
Is Atakule Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Equity too high?
Atakule Gayrimenkul Yatirim Ortakligi AS's current Return-on-Tangible-Equity is 2.17%. The REITs industry median Return-on-Tangible-Equity is 6.27. Atakule Gayrimenkul Yatirim Ortakligi AS's value of 2.17% is 65.4% below this industry median. Overall, Atakule Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Atakule Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Equity compare to VICI and WPC?
Atakule Gayrimenkul Yatirim Ortakligi AS's Return-on-Tangible-Equity of 2.17% can be compared against companies in the REITs industry. The industry median Return-on-Tangible-Equity is 6.27. Atakule Gayrimenkul Yatirim Ortakligi AS's value of 2.17% is 65.4% below 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-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.27, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atakule Gayrimenkul Yatirim Ortakligi AS's current Return-on-Tangible-Equity of 2.17% is 65.4% below 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Atakule Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atakule Gayrimenkul Yatirim Ortakligi AS's current Return-on-Tangible-Equity is 2.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atakule Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Atakule Gayrimenkul Yatirim Ortakligi AS (IST:AGYO) has a current Return-on-Tangible-Equity of 2.17%. The current Return-on-Tangible-Equity is 2.17% and 65.4% below the REITs industry median of 6.27. Atakule Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Atakule Gayrimenkul Yatirim Ortakligi AS (IST:AGYO), the current Return-on-Tangible-Equity is 2.17% as of Jun. 2023. 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.

Atakule Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Arjantin Caddesi Number 28, Cankaya, Ankara, TUR
Atakule Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust based in Turkey. The company offers projects that bring low risk and high income to its shareholders in land development, project design, sales, and marketing.
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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