Artemis Hali ASIST:ARTMS +3.77%60 Return-on-Tangible-Equity is 2.40% as of Mar. 2026, which is 86% below its 10-year median of 16.83. GuruFocus rates IST:ARTMS with a GF Score™ of 60/100. The stock has 9 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Artemis Hali AS ranks better than 64.6% 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. Artemis Hali AS's annualized net income for the quarter that ended in Mar. 2026 was ₺55.4 Mil. Artemis Hali AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺2,309.2 Mil. Therefore, Artemis Hali AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.40%.
The historical rank and industry rank for Artemis Hali AS's Return-on-Tangible-Equity or its related term are showing as below:
IST:ARTMS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.19 Med: 16.83 Max: 33.08
Current: 8.12
During the past 6 years, Artemis Hali AS's highest Return-on-Tangible-Equity was 33.08%. The lowest was 1.19%. And the median was 16.83%.
IST:ARTMS's Return-on-Tangible-Equity is ranked better than 64.6% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.47
vs IST:ARTMS: 8.12
Artemis Hali AS (IST:ARTMS) 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.
Artemis Hali AS Return-on-Tangible-Equity Related Terms
Artemis Hali AS Return-on-Tangible-Equity Historical Data
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The historical data trend for Artemis Hali 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.
Artemis Hali AS Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Artemis Hali 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.
Artemis Hali AS Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artemis Hali AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Artemis Hali AS's Return-on-Tangible-Equity 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-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 2.40% mean?
Artemis Hali AS (IST:ARTMS) has a Return-on-Tangible-Equity of 2.40% 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 Artemis Hali AS and its competitors. This is 86% below median its historical median of 16.83. Over the past decade, Artemis Hali AS's Return-on-Tangible-Equity has ranged from 1.19 to 33.08. According to the industry distribution chart, Artemis Hali AS ranks #360 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.4%.
Is Artemis Hali AS's Return-on-Tangible-Equity too high?
Artemis Hali AS's current Return-on-Tangible-Equity of 2.40% is 86% below median its 10-year median of 16.83. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 33.08. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.47. Artemis Hali AS's value of 2.40% is 46.3% below this industry median. Based on the distribution chart, Artemis Hali AS ranks #360 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Artemis Hali AS has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Artemis Hali AS's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Artemis Hali AS ranks #360 out of 1017 companies for Return-on-Tangible-Equity. This puts Artemis Hali AS in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.47. Artemis Hali AS's value of 2.40% is 46.3% below this benchmark. Historically, Artemis Hali AS's own Return-on-Tangible-Equity has ranged from 1.19 to 33.08 over the past decade. While the company's 10-year median is 16.83 vs. the industry median of 4.47, Artemis Hali 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.47, based on 1,017 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. Artemis Hali AS's current Return-on-Tangible-Equity of 2.40% is 46.3% 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 Artemis Hali AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artemis Hali AS's current Return-on-Tangible-Equity is 2.40%, which is 86% below median its own 10-year median of 16.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artemis Hali AS stock overvalued right now?
Artemis Hali AS (IST:ARTMS) has a current Return-on-Tangible-Equity of 2.40%. The current Return-on-Tangible-Equity is 2.40%, which is 86% below median its 10-year median of 16.83 and 46.3% below the Manufacturing - Apparel & Accessories industry median of 4.47. Artemis Hali AS's overall GF Score™ is 60/100 with 9 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 Artemis Hali AS (IST:ARTMS), the current Return-on-Tangible-Equity is 2.40% 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.
Artemis Hali AS is a company whose business activity is manufacturing, importing, exporting, buying-selling and marketing all kinds of handmade carpets and machine-made carpets, runners, prayer rugs, rugs, blankets and textile products.
60GF Score
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