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IST:FORTE's Return-on-Tangible-Equity is ranked better than 99.92% of 2480
companies
in the Software industry
Industry Median: 8.845
vs IST:FORTE: Negative Tangible Equity
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Return-on-Tangible-Equity Related Terms
Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Return-on-Tangible-Equity Chart
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
IST:FORTE vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Return-on-Tangible-Equity vs Software Industry
* 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 Negative Tangible Equity% mean?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #2 out of 2480 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Return-on-Tangible-Equity too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #2 out of 2480 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #2 out of 2480 companies for Return-on-Tangible-Equity. This places Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.85. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.85, based on 2,480 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. 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 8 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score
Get the complete analysis for IST:FORTE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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