Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Return-on-Tangible-Equity: 1.00% (As of Mar. 2026) — 95% Below Median

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IST:AKMGY Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY
62 GF Score
Price ₺275.00
GF Value ₺247.63
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Akmerkez Gayrimenkul Yatirim Ort AS Return-on-Tangible-Equity?

Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY +6.49% 62 Return-on-Tangible-Equity is 1.00% as of Mar. 2026, which is 95% below its 10-year median of 21.32. GuruFocus rates IST:AKMGY with a GF Score™ of 62/100 and a GF Value™ of ₺247.63 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 920 REITs companies, Akmerkez Gayrimenkul Yatirim Ort AS ranks better than 54.46% 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. Akmerkez Gayrimenkul Yatirim Ort AS's annualized net income for the quarter that ended in Mar. 2026 was ₺101 Mil. Akmerkez Gayrimenkul Yatirim Ort AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺10,084 Mil. Therefore, Akmerkez Gayrimenkul Yatirim Ort AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.00%.

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

IST:AKMGY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.22   Med: 21.32   Max: 36.03
Current: 6.89

During the past 13 years, Akmerkez Gayrimenkul Yatirim Ort AS's highest Return-on-Tangible-Equity was 36.03%. The lowest was -4.22%. And the median was 21.32%.

IST:AKMGY's Return-on-Tangible-Equity is ranked better than
54.46% of 920 companies
in the REITs industry
Industry Median: 6.285 vs IST:AKMGY: 6.89

Akmerkez Gayrimenkul Yatirim Ort AS  (IST:AKMGY) 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.


Akmerkez Gayrimenkul Yatirim Ort AS Return-on-Tangible-Equity Related Terms


Akmerkez Gayrimenkul Yatirim Ort AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Akmerkez Gayrimenkul Yatirim Ort 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.

Akmerkez Gayrimenkul Yatirim Ort AS Return-on-Tangible-Equity Chart

Akmerkez Gayrimenkul Yatirim Ort AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.88 -4.22 10.54 7.72 6.92

Akmerkez Gayrimenkul Yatirim Ort AS Quarterly Data
Jun21 Sep21 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 3.15 7.29 5.12 14.71 1.00

IST:AKMGY vs SPG, O, KIM: Return-on-Tangible-Equity Comparison

For the REIT - Retail subindustry, Akmerkez Gayrimenkul Yatirim Ort 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.


Akmerkez Gayrimenkul Yatirim Ort AS Return-on-Tangible-Equity vs REITs Industry

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

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


IST:AKMGY
62GF Score
Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akmerkez Gayrimenkul Yatirim Ort AS Return-on-Tangible-Equity Calculation

Akmerkez Gayrimenkul Yatirim Ort 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 )
=663.653/( (9582.347+9588.976 )/ 2 )
=663.653/9585.6615
=6.92 %

Akmerkez Gayrimenkul Yatirim Ort 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 )
=100.892/( (9588.976+10579.294)/ 2 )
=100.892/10084.135
=1.00 %

* 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 1.00% mean?
Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) has a Return-on-Tangible-Equity of 1.00% 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 Akmerkez Gayrimenkul Yatirim Ort AS and its competitors. This is 95% below median its historical median of 21.32. According to the industry distribution chart, Akmerkez Gayrimenkul Yatirim Ort AS ranks #419 out of 920 companies in the REITs industry, placing it in the top 45.5%.
Is Akmerkez Gayrimenkul Yatirim Ort AS's Return-on-Tangible-Equity too high?
Akmerkez Gayrimenkul Yatirim Ort AS's current Return-on-Tangible-Equity of 1.00% is 95% below median its 10-year median of 21.32. The REITs industry median Return-on-Tangible-Equity is 6.29. Akmerkez Gayrimenkul Yatirim Ort AS's value of 1.00% is 84.1% below this industry median. Based on the distribution chart, Akmerkez Gayrimenkul Yatirim Ort AS ranks #419 out of 920 companies in the REITs industry, which is above the industry midpoint. Overall, Akmerkez Gayrimenkul Yatirim Ort AS has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akmerkez Gayrimenkul Yatirim Ort AS's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, Akmerkez Gayrimenkul Yatirim Ort AS ranks #419 out of 920 companies for Return-on-Tangible-Equity. This puts Akmerkez Gayrimenkul Yatirim Ort AS in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.29. Akmerkez Gayrimenkul Yatirim Ort AS's value of 1.00% is 84.1% below this benchmark. While the company's 10-year median is 21.32 vs. the industry median of 6.29, Akmerkez Gayrimenkul Yatirim Ort AS has consistently been below 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 a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.29, based on 920 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. Akmerkez Gayrimenkul Yatirim Ort AS's current Return-on-Tangible-Equity of 1.00% is 84.1% 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 Akmerkez Gayrimenkul Yatirim Ort AS and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akmerkez Gayrimenkul Yatirim Ort AS's current Return-on-Tangible-Equity is 1.00%, which is 95% below median its own 10-year median of 21.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akmerkez Gayrimenkul Yatirim Ort AS stock overvalued right now?
Based on GuruFocus' analysis, Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺247.63, compared to a current price of ₺275.00 — trading 11.1% above its estimated fair value. The current Return-on-Tangible-Equity is 1.00%, which is 95% below median its 10-year median of 21.32 and 84.1% below the REITs industry median of 6.29. Akmerkez Gayrimenkul Yatirim Ort AS's overall GF Score™ is 62/100 with 4 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 Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY), the current Return-on-Tangible-Equity is 1.00% 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 Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Overvalued in 2026?

Based on GuruFocus' analysis, Akmerkez Gayrimenkul Yatirim Ort AS stock appears to be overvalued. The current stock price of ₺275.00 is trading 11.1% above its estimated GF Value™ of ₺247.63. GuruFocus considers Akmerkez Gayrimenkul Yatirim Ort AS to be Modestly Overvalued.

Key valuation signals for IST:AKMGY:

  • Return-on-Tangible-Equity: 1.00% (95% below median its 10-year median of 21.32)
  • GF Value™: ₺247.63 vs. price of ₺275.00 (11.1% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 84.1% below the REITs median (#419 of 920)

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


Akmerkez Gayrimenkul Yatirim Ort AS Business Description

Industry Real EstateREITs
Address Nispetiye caddesi, Akmerkez E-3 Blok Kat 1, Etiler, Istanbul, TUR
Akmerkez Gayrimenkul Yatirim Ort AS is a real estate investment trust. Its business activity is to operate shopping mall that sells different products.
62GF Score

Get the complete analysis for IST:AKMGY

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

₺275.00
Price
₺247.63
GF Value