IST:DIRIT's Return-on-Tangible-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.485 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) 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.
Diriteks Dirilis Tekstilnayi ve Ticaret AS Return-on-Tangible-Equity Related Terms
Diriteks Dirilis Tekstilnayi 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.
Diriteks Dirilis Tekstilnayi ve Ticaret AS Return-on-Tangible-Equity Chart
Diriteks Dirilis Tekstilnayi ve Ticaret AS Annual Data
IST:DIRIT vs AIN: Return-on-Tangible-Equity Comparison
For the Textile Manufacturing subindustry, Diriteks Dirilis Tekstilnayi 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.
Diriteks Dirilis Tekstilnayi ve Ticaret AS Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Diriteks Dirilis Tekstilnayi ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Diriteks Dirilis Tekstilnayi 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 one times the annual (Dec. 2021) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.72% mean?
Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) has a Return-on-Tangible-Equity of 13.72% as of Dec. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Diriteks Dirilis Tekstilnayi ve Ticaret AS and its competitors.
Is Diriteks Dirilis Tekstilnayi ve Ticaret AS's Return-on-Tangible-Equity too high?
Diriteks Dirilis Tekstilnayi ve Ticaret AS's current Return-on-Tangible-Equity is 13.72%. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.49. Diriteks Dirilis Tekstilnayi ve Ticaret AS's value of 13.72% is 205.9% above this industry median. Overall, Diriteks Dirilis Tekstilnayi ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Diriteks Dirilis Tekstilnayi ve Ticaret AS's Return-on-Tangible-Equity compare to AIN?
Diriteks Dirilis Tekstilnayi ve Ticaret AS's Return-on-Tangible-Equity of 13.72% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Return-on-Tangible-Equity is 4.49. Diriteks Dirilis Tekstilnayi ve Ticaret AS's value of 13.72% is 205.9% above this benchmark. 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 4.49, based on 1,018 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. Diriteks Dirilis Tekstilnayi ve Ticaret AS's current Return-on-Tangible-Equity of 13.72% is 205.9% 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 Diriteks Dirilis Tekstilnayi ve Ticaret AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diriteks Dirilis Tekstilnayi ve Ticaret AS's current Return-on-Tangible-Equity is 13.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diriteks Dirilis Tekstilnayi ve Ticaret AS stock overvalued right now?
Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) has a current Return-on-Tangible-Equity of 13.72%. The current Return-on-Tangible-Equity is 13.72% and 205.9% above the Manufacturing - Apparel & Accessories industry median of 4.49. Diriteks Dirilis Tekstilnayi ve Ticaret AS's overall GF Score™ is 5/100. 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 Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT), the current Return-on-Tangible-Equity is 13.72% as of Dec. 2021. 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.
Diriteks Dirilis Tekstilnayi ve Ticaret AS Business Description
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS is a textile manufacturing company. Its brands include Dirivizon, Dirigold, Roseland. The group sells its product through domestic dealers and abroad through distributers.
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