Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) Return-on-Tangible-Equity: 85.32% (As of Dec. 2025) — 160% Above Median

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IST:LINK Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS IST:LINK
76 GF Score
Price ₺6.35
GF Value ₺24.19
Valuation Possible Value Trap
! 5 Warning Signs
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What is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Return-on-Tangible-Equity?

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS IST:LINK -2.61% 76 Return-on-Tangible-Equity is 85.32% as of Dec. 2025, which is 160% above its 10-year median of 32.76. GuruFocus rates IST:LINK with a GF Score™ of 76/100 and a GF Value™ of ₺24.19 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,477 Software companies, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS ranks better than 81.91% 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. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's annualized net income for the quarter that ended in Dec. 2025 was ₺680 Mil. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ₺797 Mil. Therefore, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 85.32%.

The historical rank and industry rank for Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:LINK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.83   Med: 32.76   Max: 89.56
Current: 45.15

During the past 13 years, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's highest Return-on-Tangible-Equity was 89.56%. The lowest was 2.83%. And the median was 32.76%.

IST:LINK's Return-on-Tangible-Equity is ranked better than
81.91% of 2477 companies
in the Software industry
Industry Median: 8.83 vs IST:LINK: 45.15

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS  (IST:LINK) 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.


Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Return-on-Tangible-Equity Related Terms


Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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.

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Return-on-Tangible-Equity Chart

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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 53.76 6.55 2.83 89.56 43.37

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 365.58 26.56 81.57 -13.33 85.32

IST:LINK vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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.


Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Return-on-Tangible-Equity falls into.


IST:LINK
76GF Score
Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS IST:LINK
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Return-on-Tangible-Equity Calculation

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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 )
=320.192/( (594.94+881.61 )/ 2 )
=320.192/738.275
=43.37 %

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=680.048/( (712.437+881.61)/ 2 )
=680.048/797.0235
=85.32 %

* 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 (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 85.32% mean?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) has a Return-on-Tangible-Equity of 85.32% 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS and its competitors. This is 160% above median its historical median of 32.76. Over the past decade, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Return-on-Tangible-Equity has ranged from 2.83 to 89.56. According to the industry distribution chart, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS ranks #448 out of 2477 companies in the Software industry, placing it in the top 18.1%.
Is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Return-on-Tangible-Equity too high?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Return-on-Tangible-Equity of 85.32% is 160% above median its 10-year median of 32.76. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 89.56. The Software industry median Return-on-Tangible-Equity is 8.83. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's value of 85.32% is 866.3% above this industry median. Based on the distribution chart, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS ranks #448 out of 2477 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS ranks #448 out of 2477 companies for Return-on-Tangible-Equity. This places Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.83. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's value of 85.32% is 866.3% above this benchmark. Historically, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's own Return-on-Tangible-Equity has ranged from 2.83 to 89.56 over the past decade. While the company's 10-year median is 32.76 vs. the industry median of 8.83, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,477 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. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Return-on-Tangible-Equity of 85.32% is 866.3% 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Return-on-Tangible-Equity is 85.32%, which is 160% above median its own 10-year median of 32.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) is currently considered Possible Value Trap. The stock's GF Value™ is ₺24.19, compared to a current price of ₺6.35 — trading 73.7% below its estimated fair value. The current Return-on-Tangible-Equity is 85.32%, which is 160% above median its 10-year median of 32.76 and 866.3% above the Software industry median of 8.83. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's overall GF Score™ is 76/100 with 5 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK), the current Return-on-Tangible-Equity is 85.32% 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) Overvalued in 2026?

Based on GuruFocus' analysis, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺6.35 is trading 73.7% below its estimated GF Value™ of ₺24.19. GuruFocus considers Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS to be Possible Value Trap.

Key valuation signals for IST:LINK:

  • Return-on-Tangible-Equity: 85.32% (160% above median its 10-year median of 32.76)
  • GF Value™: ₺24.19 vs. price of ₺6.35 (73.7% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 866.3% above the Software median (#448 of 2477)

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


Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Business Description

Address Kisikli Caddesi No.2, Ak Is Merkezi, A Blok Kat: 2, Altunizade, Uskudar, Istanbul, TUR, 34662
Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS is a software development company. It develops integrated business application software that covers all accounting, production, and commercial operational requirements. Some of its products and solutions include e-Document e-Ledger; Bank Integration; Organized Industry Billing; e-Purchase Invoice Transfer; Mandatory Feed Operations Management and others.
76GF Score

Get the complete analysis for IST:LINK

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

₺6.35
Price
₺24.19
GF Value