Good Year Lastikleri TASIST:GOODY +0.35%70 Return-on-Tangible-Equity is 22.34% as of Mar. 2026, which is 76% above its 10-year median of 12.69. GuruFocus rates IST:GOODY with a GF Score™ of 70/100 and a GF Value™ of ₺3.05 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Good Year Lastikleri TAS ranks worse than 97.27% 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. Good Year Lastikleri TAS's annualized net income for the quarter that ended in Mar. 2026 was ₺482 Mil. Good Year Lastikleri TAS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺2,160 Mil. Therefore, Good Year Lastikleri TAS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.34%.
The historical rank and industry rank for Good Year Lastikleri TAS's Return-on-Tangible-Equity or its related term are showing as below:
IST:GOODY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -95.51 Med: 12.69 Max: 34.61
Current: -95.51
During the past 13 years, Good Year Lastikleri TAS's highest Return-on-Tangible-Equity was 34.61%. The lowest was -95.51%. And the median was 12.69%.
IST:GOODY's Return-on-Tangible-Equity is ranked worse than 97.27% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.49
vs IST:GOODY: -95.51
Good Year Lastikleri TAS (IST:GOODY) 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.
Good Year Lastikleri TAS Return-on-Tangible-Equity Related Terms
Good Year Lastikleri TAS Return-on-Tangible-Equity Historical Data
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The historical data trend for Good Year Lastikleri TAS'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.
Good Year Lastikleri TAS Return-on-Tangible-Equity Chart
IST:GOODY vs ORLY, AZO, GPC: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Good Year Lastikleri TAS'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.
Good Year Lastikleri TAS Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Good Year Lastikleri TAS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Good Year Lastikleri TAS'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 22.34% mean?
Good Year Lastikleri TAS (IST:GOODY) has a Return-on-Tangible-Equity of 22.34% 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 Good Year Lastikleri TAS and its competitors. This is 76% above median its historical median of 12.69. According to the industry distribution chart, Good Year Lastikleri TAS ranks #1248 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 97.3%.
Is Good Year Lastikleri TAS's Return-on-Tangible-Equity too high?
Good Year Lastikleri TAS's current Return-on-Tangible-Equity of 22.34% is 76% above median its 10-year median of 12.69. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.49. Good Year Lastikleri TAS's value of 22.34% is 198.3% above this industry median. Based on the distribution chart, Good Year Lastikleri TAS ranks #1248 out of 1283 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Good Year Lastikleri TAS has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Good Year Lastikleri TAS's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Good Year Lastikleri TAS ranks #1248 out of 1283 companies for Return-on-Tangible-Equity. This places Good Year Lastikleri TAS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.49. Good Year Lastikleri TAS's value of 22.34% is 198.3% above this benchmark. While the company's 10-year median is 12.69 vs. the industry median of 7.49, Good Year Lastikleri TAS 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.49, based on 1,283 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. Good Year Lastikleri TAS's current Return-on-Tangible-Equity of 22.34% is 198.3% 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 Good Year Lastikleri TAS and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Year Lastikleri TAS's current Return-on-Tangible-Equity is 22.34%, which is 76% above median its own 10-year median of 12.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Year Lastikleri TAS stock overvalued right now?
Based on GuruFocus' analysis, Good Year Lastikleri TAS (IST:GOODY) is currently considered Fairly Valued. The stock's GF Value™ is ₺3.05, compared to a current price of ₺2.83 — trading 7.2% below its estimated fair value. The current Return-on-Tangible-Equity is 22.34%, which is 76% above median its 10-year median of 12.69 and 198.3% above the Vehicles & Parts industry median of 7.49. Good Year Lastikleri TAS's overall GF Score™ is 70/100 with 9 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 Good Year Lastikleri TAS (IST:GOODY), the current Return-on-Tangible-Equity is 22.34% 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 Good Year Lastikleri TAS (IST:GOODY) Overvalued in 2026?
Based on GuruFocus' analysis, Good Year Lastikleri TAS stock appears to be undervalued.
The current stock price of ₺2.83 is trading 7.2% below its estimated GF Value™ of ₺3.05.
GuruFocus considers Good Year Lastikleri TAS to be Fairly Valued.
Key valuation signals for IST:GOODY:
Return-on-Tangible-Equity: 22.34% (76% above median its 10-year median of 12.69)
GF Value™: ₺3.05 vs. price of ₺2.83 (7.2% below fair value)
Industry Position: 198.3% above the Vehicles & Parts median (#1248 of 1283)
No single metric tells the full story. See the IST:GOODY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Year Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. Its products include summer, winter, and four-season tires for all types of vehicles that are used in cars, pickup trucks, vans, trucks, and buses. It also offers outer tires of radial and conventional heavy equipment; and various inner tubes and flaps. Geographically, the company caters its services in domestic and foreign markets.
70GF Score
Get the complete analysis for IST:GOODY
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