Ayen Enerji ASIST:AYEN -4.54%54 Return-on-Tangible-Equity is 2.11% as of Mar. 2026, which is 56% below its 10-year median of 4.77. GuruFocus rates IST:AYEN with a GF Score™ of 54/100 and a GF Value™ of ₺23.22 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 425 Utilities - Independent Power Producers companies, Ayen Enerji AS ranks worse than 62.35% 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. Ayen Enerji AS's annualized net income for the quarter that ended in Mar. 2026 was ₺379 Mil. Ayen Enerji AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺18,012 Mil. Therefore, Ayen Enerji AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.11%.
The historical rank and industry rank for Ayen Enerji AS's Return-on-Tangible-Equity or its related term are showing as below:
IST:AYEN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.32 Med: 4.77 Max: 35.19
Current: 1.5
During the past 13 years, Ayen Enerji AS's highest Return-on-Tangible-Equity was 35.19%. The lowest was -15.32%. And the median was 4.77%.
IST:AYEN's Return-on-Tangible-Equity is ranked worse than 62.35% of 425
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.71
vs IST:AYEN: 1.50
Ayen Enerji AS (IST:AYEN) 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.
Ayen Enerji AS Return-on-Tangible-Equity Related Terms
Ayen Enerji AS Return-on-Tangible-Equity Historical Data
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The historical data trend for Ayen Enerji 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.
Ayen Enerji AS Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Ayen Enerji 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.
Ayen Enerji AS Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ayen Enerji AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ayen Enerji 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 2.11% mean?
Ayen Enerji AS (IST:AYEN) has a Return-on-Tangible-Equity of 2.11% 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 Ayen Enerji AS and its competitors. This is 56% below median its historical median of 4.77. According to the industry distribution chart, Ayen Enerji AS ranks #265 out of 425 companies in the Utilities - Independent Power Producers industry, placing it in the top 62.4%.
Is Ayen Enerji AS's Return-on-Tangible-Equity too high?
Ayen Enerji AS's current Return-on-Tangible-Equity of 2.11% is 56% below median its 10-year median of 4.77. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.71. Ayen Enerji AS's value of 2.11% is 55.2% below this industry median. Based on the distribution chart, Ayen Enerji AS ranks #265 out of 425 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Ayen Enerji AS has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayen Enerji AS's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ayen Enerji AS ranks #265 out of 425 companies for Return-on-Tangible-Equity. This places Ayen Enerji AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.71. Ayen Enerji AS's value of 2.11% is 55.2% below this benchmark. While the company's 10-year median is 4.77 vs. the industry median of 4.71, Ayen Enerji 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.71, based on 425 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. Ayen Enerji AS's current Return-on-Tangible-Equity of 2.11% is 55.2% 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 Ayen Enerji AS and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ayen Enerji AS's current Return-on-Tangible-Equity is 2.11%, which is 56% below median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayen Enerji AS stock overvalued right now?
Based on GuruFocus' analysis, Ayen Enerji AS (IST:AYEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺23.22, compared to a current price of ₺33.64 — trading 44.9% above its estimated fair value. The current Return-on-Tangible-Equity is 2.11%, which is 56% below median its 10-year median of 4.77 and 55.2% below the Utilities - Independent Power Producers industry median of 4.71. Ayen Enerji AS's overall GF Score™ is 54/100 with 6 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 Ayen Enerji AS (IST:AYEN), the current Return-on-Tangible-Equity is 2.11% 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 Ayen Enerji AS (IST:AYEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ayen Enerji AS stock appears to be overvalued.
The current stock price of ₺33.64 is trading 44.9% above its estimated GF Value™ of ₺23.22.
GuruFocus considers Ayen Enerji AS to be Significantly Overvalued.
Key valuation signals for IST:AYEN:
Return-on-Tangible-Equity: 2.11% (56% below median its 10-year median of 4.77)
GF Value™: ₺23.22 vs. price of ₺33.64 (44.9% above fair value)
Industry Position: 55.2% below the Utilities - Independent Power Producers median (#265 of 425)
No single metric tells the full story. See the IST:AYEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ayen Enerji AS is a Turkey-based company engaged in the generation, transmission, distribution, and trading of electricity. The company's geographical segment includes Turkey and Abroad. It generates maximum revenue from Abroad. The company generates the majority of its energy from Hydro plants. The companies located in abroad operate in Albania, Serbia, and Slovenia.
54GF Score
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