Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) Return-on-Tangible-Equity: 97.47% (As of Dec. 2025) — 481% Above Median


IST:AYES Ayes Akdeniz Yapi Elemanlari Sanayi ve Ticaret AS IST:AYES
56 GF Score
Price ₺33.98
GF Value ₺13.05
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Equity?

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS IST:AYES +1.13% 56 Return-on-Tangible-Equity is 97.47% as of Dec. 2025, which is 481% above its 10-year median of 16.78. GuruFocus rates IST:AYES with a GF Score™ of 56/100 and a GF Value™ of ₺13.05 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 615 Steel companies, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks better than 96.26% 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. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's annualized net income for the quarter that ended in Dec. 2025 was ₺2,295 Mil. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ₺2,355 Mil. Therefore, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 97.47%.

The historical rank and industry rank for Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:AYES' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.2   Med: 16.78   Max: 50.56
Current: 46.16

During the past 13 years, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's highest Return-on-Tangible-Equity was 50.56%. The lowest was 5.20%. And the median was 16.78%.

IST:AYES's Return-on-Tangible-Equity is ranked better than
96.26% of 615 companies
in the Steel industry
Industry Median: 3.93 vs IST:AYES: 46.16

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS  (IST:AYES) 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.


Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Equity Related Terms


Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Ayes Akdeniz Yapi Elemanlarinayi 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.

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Equity Chart

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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 50.56 32.61 20.07 5.31 40.95

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 19.99 -1.64 9.45 -12.20 97.47

IST:AYES vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison

For the Steel subindustry, Ayes Akdeniz Yapi Elemanlarinayi 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.


Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Return-on-Tangible-Equity falls into.


IST:AYES
56GF Score
Ayes Akdeniz Yapi Elemanlari Sanayi ve Ticaret AS IST:AYES
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Return-on-Tangible-Equity Calculation

Ayes Akdeniz Yapi Elemanlarinayi 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 )
=1035.05/( (2017.686+3037.857 )/ 2 )
=1035.05/2527.7715
=40.95 %

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=2295.198/( (1671.548+3037.857)/ 2 )
=2295.198/2354.7025
=97.47 %

* 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 two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 97.47% mean?
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) has a Return-on-Tangible-Equity of 97.47% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS and its competitors. This is 481% above median its historical median of 16.78. Over the past decade, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Return-on-Tangible-Equity has ranged from 5.20 to 50.56. According to the industry distribution chart, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks #23 out of 615 companies in the Steel industry, placing it in the top 3.7%.
Is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Return-on-Tangible-Equity too high?
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current Return-on-Tangible-Equity of 97.47% is 481% above median its 10-year median of 16.78. Over the past 10 years, this metric has ranged from a low of 5.20 to a high of 50.56. The Steel industry median Return-on-Tangible-Equity is 3.93. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's value of 97.47% is 2380.2% above this industry median. Based on the distribution chart, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks #23 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks #23 out of 615 companies for Return-on-Tangible-Equity. This places Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 3.93. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's value of 97.47% is 2380.2% above this benchmark. Historically, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's own Return-on-Tangible-Equity has ranged from 5.20 to 50.56 over the past decade. While the company's 10-year median is 16.78 vs. the industry median of 3.93, Ayes Akdeniz Yapi Elemanlarinayi 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 a Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.93, based on 615 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. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current Return-on-Tangible-Equity of 97.47% is 2380.2% 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current Return-on-Tangible-Equity is 97.47%, which is 481% above median its own 10-year median of 16.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺13.05, compared to a current price of ₺33.98 — trading 160.4% above its estimated fair value. The current Return-on-Tangible-Equity is 97.47%, which is 481% above median its 10-year median of 16.78 and 2380.2% above the Steel industry median of 3.93. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's overall GF Score™ is 56/100 with 12 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES), the current Return-on-Tangible-Equity is 97.47% as of Dec. 2025. 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) Overvalued in 2026?

Based on GuruFocus' analysis, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺33.98 is trading 160.4% above its estimated GF Value™ of ₺13.05. GuruFocus considers Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:AYES:

  • Return-on-Tangible-Equity: 97.47% (481% above median its 10-year median of 16.78)
  • GF Value™: ₺13.05 vs. price of ₺33.98 (160.4% above fair value)
  • GF Score™: 56/100 with 12 warning signs
  • Industry Position: 2380.2% above the Steel median (#23 of 615)

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


Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Business Description

Address Metropol Center, D:21, 32 A.n. Gurm, Ali Riza Gurcan Caddesi, Istanbul, TUR, 34010
Ayes Akdeniz Yapi Elemanlari Sanayi ve Ticaret AS is steel mesh manufacturer. Its products include coil iron, fence mesh, wire mesh bending.
56GF Score

Get the complete analysis for IST:AYES

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

₺33.98
Price
₺13.05
GF Value