Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS (IST:AHGAZ) Return-on-Tangible-Equity: 20.56% (As of Mar. 2026) — 16% Above Median


IST:AHGAZ Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS IST:AHGAZ
81 GF Score
Price ₺37.16
GF Value ₺28.36
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS Return-on-Tangible-Equity?

Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS IST:AHGAZ +0.22% 81 Return-on-Tangible-Equity is 20.56% as of Mar. 2026, which is 16% above its 10-year median of 17.78. GuruFocus rates IST:AHGAZ with a GF Score™ of 81/100 and a GF Value™ of ₺28.36 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 497 Utilities - Regulated companies, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS ranks worse than 56.94% on this metric.

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. Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's annualized net income for the quarter that ended in Mar. 2026 was ₺9,681 Mil. Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺47,079 Mil. Therefore, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.56%.

The historical rank and industry rank for Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:AHGAZ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.75   Med: 17.78   Max: 44.34
Current: 9.35

During the past 7 years, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's highest Return-on-Tangible-Equity was 44.34%. The lowest was 7.75%. And the median was 17.78%.

IST:AHGAZ's Return-on-Tangible-Equity is ranked worse than
56.94% of 497 companies
in the Utilities - Regulated industry
Industry Median: 10.9 vs IST:AHGAZ: 9.35

Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS  (IST:AHGAZ) 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.


Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS Return-on-Tangible-Equity Related Terms


Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim 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.

Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS Return-on-Tangible-Equity Chart

Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Negative Tangible Equity 44.34 26.67 8.89 7.75

Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 24.93 1.41 8.95 3.03 20.56

IST:AHGAZ vs ATO, NI, UGI: Return-on-Tangible-Equity Comparison

For the Utilities - Regulated Gas subindustry, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim 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.


Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS Return-on-Tangible-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's Return-on-Tangible-Equity falls into.


IST:AHGAZ
81GF Score
Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS IST:AHGAZ
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS Return-on-Tangible-Equity Calculation

Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2889.276/( (30500.843+44031.24 )/ 2 )
=2889.276/37266.0415
=7.75 %

Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=9681.144/( (44031.24+50126.39)/ 2 )
=9681.144/47078.815
=20.56 %

* 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 (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 20.56% mean?
Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS (IST:AHGAZ) has a Return-on-Tangible-Equity of 20.56% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS and its competitors. This is 16% above median its historical median of 17.78. Over the past decade, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's Return-on-Tangible-Equity has ranged from 7.75 to 44.34. According to the industry distribution chart, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS ranks #283 out of 497 companies in the Utilities - Regulated industry, placing it in the top 56.9%.
Is Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's Return-on-Tangible-Equity too high?
Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's current Return-on-Tangible-Equity of 20.56% is 16% above median its 10-year median of 17.78. Over the past 10 years, this metric has ranged from a low of 7.75 to a high of 44.34. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's value of 20.56% is 88.6% above this industry median. Based on the distribution chart, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS ranks #283 out of 497 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS ranks #283 out of 497 companies for Return-on-Tangible-Equity. This places Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.90. Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's value of 20.56% is 88.6% above this benchmark. Historically, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's own Return-on-Tangible-Equity has ranged from 7.75 to 44.34 over the past decade. While the company's 10-year median is 17.78 vs. the industry median of 10.90, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim 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-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.90, based on 497 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. Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's current Return-on-Tangible-Equity of 20.56% is 88.6% 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-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 Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's current Return-on-Tangible-Equity is 20.56%, which is 16% above median its own 10-year median of 17.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS stock overvalued right now?
Based on GuruFocus' analysis, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS (IST:AHGAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺28.36, compared to a current price of ₺37.16 — trading 31% above its estimated fair value. The current Return-on-Tangible-Equity is 20.56%, which is 16% above median its 10-year median of 17.78 and 88.6% above the Utilities - Regulated industry median of 10.90. Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS's overall GF Score™ is 81/100 with 8 warning signs to review. 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 Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS (IST:AHGAZ), the current Return-on-Tangible-Equity is 20.56% 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 Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS (IST:AHGAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS stock appears to be overvalued. The current stock price of ₺37.16 is trading 31% above its estimated GF Value™ of ₺28.36. GuruFocus considers Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS to be Significantly Overvalued.

Key valuation signals for IST:AHGAZ:

  • Return-on-Tangible-Equity: 20.56% (16% above median its 10-year median of 17.78)
  • GF Value™: ₺28.36 vs. price of ₺37.16 (31% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 88.6% above the Utilities - Regulated median (#283 of 497)

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


Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS Business Description

Address Street No.3, Icerenkoy Neighborhood, Atasehir, Yesilvadi, Istanbul, TUR
Ahlatci Dogal Gaz Dagitim Enerji Ve Yatirim AS operates in the field of natural gas distribution. It mainly engages in the natural gas distribution business in Turkey.
81GF Score

Get the complete analysis for IST:AHGAZ

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

₺37.16
Price
₺28.36
GF Value