Aselsan Elektroniknayi Ve Ticaret ASIST:ASELS -1.11%79 Return-on-Tangible-Equity is 9.87% as of Mar. 2026, which is 68% below its 10-year median of 30.60. GuruFocus rates IST:ASELS with a GF Score™ of 79/100 and a GF Value™ of ₺113.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 334 Aerospace & Defense companies, Aselsan Elektroniknayi Ve Ticaret AS ranks better than 69.76% on this metric.
The historical rank and industry rank for Aselsan Elektroniknayi Ve Ticaret AS's Return-on-Tangible-Equity or its related term are showing as below:
IST:ASELS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.73 Med: 30.6 Max: 40.05
Current: 18.74
During the past 13 years, Aselsan Elektroniknayi Ve Ticaret AS's highest Return-on-Tangible-Equity was 40.05%. The lowest was 2.73%. And the median was 30.60%.
IST:ASELS's Return-on-Tangible-Equity is ranked better than 69.76% of 334
companies
in the Aerospace & Defense industry
Industry Median: 8.195
vs IST:ASELS: 18.74
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) 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.
Aselsan Elektroniknayi Ve Ticaret AS Return-on-Tangible-Equity Related Terms
Aselsan Elektroniknayi Ve Ticaret AS Return-on-Tangible-Equity Historical Data
* 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.
Aselsan Elektroniknayi Ve Ticaret AS Return-on-Tangible-Equity Chart
IST:ASELS vs SPCX, GE, RTX: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Aselsan Elektroniknayi 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.
Aselsan Elektroniknayi Ve Ticaret AS Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Aselsan Elektroniknayi Ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aselsan Elektroniknayi Ve Ticaret 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 9.87% mean?
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) has a Return-on-Tangible-Equity of 9.87% 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 Aselsan Elektroniknayi Ve Ticaret AS and its competitors. This is 68% below median its historical median of 30.60. Over the past decade, Aselsan Elektroniknayi Ve Ticaret AS's Return-on-Tangible-Equity has ranged from 2.73 to 40.05. According to the industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #101 out of 334 companies in the Aerospace & Defense industry, placing it in the top 30.2%.
Is Aselsan Elektroniknayi Ve Ticaret AS's Return-on-Tangible-Equity too high?
Aselsan Elektroniknayi Ve Ticaret AS's current Return-on-Tangible-Equity of 9.87% is 68% below median its 10-year median of 30.60. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 40.05. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.20. Aselsan Elektroniknayi Ve Ticaret AS's value of 9.87% is 20.4% above this industry median. Based on the distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #101 out of 334 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Aselsan Elektroniknayi Ve Ticaret AS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aselsan Elektroniknayi Ve Ticaret AS's Return-on-Tangible-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #101 out of 334 companies for Return-on-Tangible-Equity. This puts Aselsan Elektroniknayi Ve Ticaret AS in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.20. Aselsan Elektroniknayi Ve Ticaret AS's value of 9.87% is 20.4% above this benchmark. Historically, Aselsan Elektroniknayi Ve Ticaret AS's own Return-on-Tangible-Equity has ranged from 2.73 to 40.05 over the past decade. While the company's 10-year median is 30.60 vs. the industry median of 8.20, Aselsan Elektroniknayi Ve Ticaret 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 Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.20, based on 334 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. Aselsan Elektroniknayi Ve Ticaret AS's current Return-on-Tangible-Equity of 9.87% is 20.4% 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 Aselsan Elektroniknayi Ve Ticaret AS and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aselsan Elektroniknayi Ve Ticaret AS's current Return-on-Tangible-Equity is 9.87%, which is 68% below median its own 10-year median of 30.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aselsan Elektroniknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺113.46, compared to a current price of ₺357.50 — trading 215.1% above its estimated fair value. The current Return-on-Tangible-Equity is 9.87%, which is 68% below median its 10-year median of 30.60 and 20.4% above the Aerospace & Defense industry median of 8.20. Aselsan Elektroniknayi Ve Ticaret AS's overall GF Score™ is 79/100 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 Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS), the current Return-on-Tangible-Equity is 9.87% 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 Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Overvalued in 2026?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺357.50 is trading 215.1% above its estimated GF Value™ of ₺113.46.
GuruFocus considers Aselsan Elektroniknayi Ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:ASELS:
Return-on-Tangible-Equity: 9.87% (68% below median its 10-year median of 30.60)
GF Value™: ₺113.46 vs. price of ₺357.50 (215.1% above fair value)
Industry Position: 20.4% above the Aerospace & Defense median (#101 of 334)
No single metric tells the full story. See the IST:ASELS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aselsan Elektroniknayi Ve Ticaret AS Business Description
Aselsan Elektronik Sanayi Ve Ticaret AS provides defense technologies to the Turkish armed forces. Additionally, it exports systems and solutions to clients in other countries and has taken on civil projects. Its products may help with communications, radars, sensing, or other defense systems to enhance proficiencies within the industrials sector. Marketing efforts may be geared toward a specific customer or specific segment in the market, and plans are implemented to showcase product capabilities.
79GF Score
Get the complete analysis for IST:ASELS
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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