Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Return-on-Tangible-Equity: 3.72% (As of Mar. 2026) — 93% Below Median


IST:ALFAS Alfa Solar Enerji Sanayi Ve Ticaret AS IST:ALFAS
81 GF Score
Price ₺48.30
GF Value ₺32.78
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Equity?

Alfa Solar Enerjinayi Ve Ticaret AS IST:ALFAS -1.99% 81 Return-on-Tangible-Equity is 3.72% as of Mar. 2026, which is 93% below its 10-year median of 53.48. GuruFocus rates IST:ALFAS with a GF Score™ of 81/100 and a GF Value™ of ₺32.78 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 985 Semiconductors companies, Alfa Solar Enerjinayi Ve Ticaret AS ranks worse than 62.44% 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. Alfa Solar Enerjinayi Ve Ticaret AS's annualized net income for the quarter that ended in Mar. 2026 was ₺200 Mil. Alfa Solar Enerjinayi Ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺5,388 Mil. Therefore, Alfa Solar Enerjinayi Ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.72%.

The historical rank and industry rank for Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:ALFAS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.22   Med: 53.48   Max: 100.86
Current: 1.19

During the past 7 years, Alfa Solar Enerjinayi Ve Ticaret AS's highest Return-on-Tangible-Equity was 100.86%. The lowest was -0.22%. And the median was 53.48%.

IST:ALFAS's Return-on-Tangible-Equity is ranked worse than
62.44% of 985 companies
in the Semiconductors industry
Industry Median: 5.19 vs IST:ALFAS: 1.19

Alfa Solar Enerjinayi Ve Ticaret AS  (IST:ALFAS) 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.


Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Equity Related Terms


Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Alfa Solar Enerjinayi Ve Ticaret 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.

Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Equity Chart

Alfa Solar Enerjinayi Ve Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 58.06 91.97 53.48 5.93 -0.22

Alfa Solar Enerjinayi Ve Ticaret 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 -2.53 5.24 -4.21 0.27 3.72

IST:ALFAS vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison

For the Solar subindustry, Alfa Solar Enerjinayi Ve Ticaret 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.


Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Equity falls into.


IST:ALFAS
81GF Score
Alfa Solar Enerji Sanayi Ve Ticaret AS IST:ALFAS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Alfa Solar Enerjinayi Ve Ticaret AS Return-on-Tangible-Equity Calculation

Alfa Solar Enerjinayi Ve Ticaret 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 )
=-10.755/( (4847.208+5106.148 )/ 2 )
=-10.755/4976.678
=-0.22 %

Alfa Solar Enerjinayi Ve Ticaret 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 )
=200.408/( (5106.148+5670.82)/ 2 )
=200.408/5388.484
=3.72 %

* 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 3.72% mean?
Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) has a Return-on-Tangible-Equity of 3.72% 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 Alfa Solar Enerjinayi Ve Ticaret AS and its competitors. This is 93% below median its historical median of 53.48. According to the industry distribution chart, Alfa Solar Enerjinayi Ve Ticaret AS ranks #615 out of 985 companies in the Semiconductors industry, placing it in the top 62.4%.
Is Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Equity too high?
Alfa Solar Enerjinayi Ve Ticaret AS's current Return-on-Tangible-Equity of 3.72% is 93% below median its 10-year median of 53.48. The Semiconductors industry median Return-on-Tangible-Equity is 5.19. Alfa Solar Enerjinayi Ve Ticaret AS's value of 3.72% is 28.3% below this industry median. Based on the distribution chart, Alfa Solar Enerjinayi Ve Ticaret AS ranks #615 out of 985 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Alfa Solar Enerjinayi Ve Ticaret 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 Alfa Solar Enerjinayi Ve Ticaret AS's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alfa Solar Enerjinayi Ve Ticaret AS ranks #615 out of 985 companies for Return-on-Tangible-Equity. This places Alfa Solar Enerjinayi Ve Ticaret AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.19. Alfa Solar Enerjinayi Ve Ticaret AS's value of 3.72% is 28.3% below this benchmark. While the company's 10-year median is 53.48 vs. the industry median of 5.19, Alfa Solar Enerjinayi Ve Ticaret 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.19, based on 985 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. Alfa Solar Enerjinayi Ve Ticaret AS's current Return-on-Tangible-Equity of 3.72% is 28.3% 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 Alfa Solar Enerjinayi Ve Ticaret AS and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfa Solar Enerjinayi Ve Ticaret AS's current Return-on-Tangible-Equity is 3.72%, which is 93% below median its own 10-year median of 53.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Solar Enerjinayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺32.78, compared to a current price of ₺48.30 — trading 47.3% above its estimated fair value. The current Return-on-Tangible-Equity is 3.72%, which is 93% below median its 10-year median of 53.48 and 28.3% below the Semiconductors industry median of 5.19. Alfa Solar Enerjinayi Ve Ticaret AS's overall GF Score™ is 81/100 with 10 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 Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS), the current Return-on-Tangible-Equity is 3.72% 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 Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Overvalued in 2026?

Based on GuruFocus' analysis, Alfa Solar Enerjinayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺48.30 is trading 47.3% above its estimated GF Value™ of ₺32.78. GuruFocus considers Alfa Solar Enerjinayi Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:ALFAS:

  • Return-on-Tangible-Equity: 3.72% (93% below median its 10-year median of 53.48)
  • GF Value™: ₺32.78 vs. price of ₺48.30 (47.3% above fair value)
  • GF Score™: 81/100 with 10 warning signs
  • Industry Position: 28.3% below the Semiconductors median (#615 of 985)

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


Alfa Solar Enerjinayi Ve Ticaret AS Business Description

Address Balgat Mahallesi Mevlana Boulevard, No 139/A, Floor 9, Apartment No - 31, Yelken Plaza, Cankaya, Ankara, TUR
Alfa Solar Enerji Sanayi Ve Ticaret AS engages in the manufacturing of photovoltaic (PV) panels in an ultra-modern facility. Its product portfolio comprises Polycrystalline Panels, Monocrystalline Panels, and half-cut panels.
81GF Score

Get the complete analysis for IST:ALFAS

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

₺48.30
Price
₺32.78
GF Value