Marshall Boya VE Verniknayii AS (IST:MRSHL) Return-on-Tangible-Equity: 65.26% (As of Mar. 2026)

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IST:MRSHL Marshall Boya VE Vernik Sanayii AS IST:MRSHL
57 GF Score
Price ₺1,718.00
GF Value ₺1,385.01
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Marshall Boya VE Verniknayii AS Return-on-Tangible-Equity?

Marshall Boya VE Verniknayii AS IST:MRSHL +0.29% 57 Return-on-Tangible-Equity is 65.26% as of Mar. 2026. GuruFocus rates IST:MRSHL with a GF Score™ of 57/100 and a GF Value™ of ₺1,385.01 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,568 Chemicals companies, Marshall Boya VE Verniknayii AS ranks worse than 91.52% 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. Marshall Boya VE Verniknayii AS's annualized net income for the quarter that ended in Mar. 2026 was ₺658 Mil. Marshall Boya VE Verniknayii AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺1,008 Mil. Therefore, Marshall Boya VE Verniknayii AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 65.26%.

The historical rank and industry rank for Marshall Boya VE Verniknayii AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:MRSHL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -172.3   Med: -24.09   Max: 25.17
Current: -19.85

During the past 13 years, Marshall Boya VE Verniknayii AS's highest Return-on-Tangible-Equity was 25.17%. The lowest was -172.30%. And the median was -24.09%.

IST:MRSHL's Return-on-Tangible-Equity is ranked worse than
91.52% of 1568 companies
in the Chemicals industry
Industry Median: 5.785 vs IST:MRSHL: -19.85

Marshall Boya VE Verniknayii AS  (IST:MRSHL) 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.


Marshall Boya VE Verniknayii AS Return-on-Tangible-Equity Related Terms


Marshall Boya VE Verniknayii AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS Return-on-Tangible-Equity Chart

Marshall Boya VE Verniknayii 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 -172.30 -20.31 -28.71 -27.87 -28.48

Marshall Boya VE Verniknayii AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 31.87 -13.23 -92.99 -43.23 65.26

IST:MRSHL vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Marshall Boya VE Verniknayii 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.


Marshall Boya VE Verniknayii AS Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Marshall Boya VE Verniknayii AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Marshall Boya VE Verniknayii AS's Return-on-Tangible-Equity falls into.


IST:MRSHL
57GF Score
Marshall Boya VE Vernik Sanayii AS IST:MRSHL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marshall Boya VE Verniknayii AS Return-on-Tangible-Equity Calculation

Marshall Boya VE Verniknayii 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 )
=-291.491/( (1168.364+878.931 )/ 2 )
=-291.491/1023.6475
=-28.48 %

Marshall Boya VE Verniknayii AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=658.036/( (878.931+1137.863)/ 2 )
=658.036/1008.397
=65.26 %

* 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 65.26% mean?
Marshall Boya VE Verniknayii AS (IST:MRSHL) has a Return-on-Tangible-Equity of 65.26% 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 Marshall Boya VE Verniknayii AS and its competitors. According to the industry distribution chart, Marshall Boya VE Verniknayii AS ranks #1435 out of 1568 companies in the Chemicals industry, placing it in the top 91.5%.
Is Marshall Boya VE Verniknayii AS's Return-on-Tangible-Equity too high?
Marshall Boya VE Verniknayii AS's current Return-on-Tangible-Equity is 65.26%. The Chemicals industry median Return-on-Tangible-Equity is 5.79. Marshall Boya VE Verniknayii AS's value of 65.26% is 1028.1% above this industry median. Based on the distribution chart, Marshall Boya VE Verniknayii AS ranks #1435 out of 1568 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Marshall Boya VE Verniknayii AS has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marshall Boya VE Verniknayii AS's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Marshall Boya VE Verniknayii AS ranks #1435 out of 1568 companies for Return-on-Tangible-Equity. This places Marshall Boya VE Verniknayii AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.79. Marshall Boya VE Verniknayii AS's value of 65.26% is 1028.1% 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.79, based on 1,568 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. Marshall Boya VE Verniknayii AS's current Return-on-Tangible-Equity of 65.26% is 1028.1% 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 Marshall Boya VE Verniknayii AS and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marshall Boya VE Verniknayii AS's current Return-on-Tangible-Equity is 65.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshall Boya VE Verniknayii AS stock overvalued right now?
Based on GuruFocus' analysis, Marshall Boya VE Verniknayii AS (IST:MRSHL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺1,385.01, compared to a current price of ₺1,718.00 — trading 24% above its estimated fair value. The current Return-on-Tangible-Equity is 65.26% and 1028.1% above the Chemicals industry median of 5.79. Marshall Boya VE Verniknayii AS's overall GF Score™ is 57/100 with 3 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 Marshall Boya VE Verniknayii AS (IST:MRSHL), the current Return-on-Tangible-Equity is 65.26% 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 Marshall Boya VE Verniknayii AS (IST:MRSHL) Overvalued in 2026?

Based on GuruFocus' analysis, Marshall Boya VE Verniknayii AS stock appears to be overvalued. The current stock price of ₺1,718.00 is trading 24% above its estimated GF Value™ of ₺1,385.01. GuruFocus considers Marshall Boya VE Verniknayii AS to be Modestly Overvalued.

Key valuation signals for IST:MRSHL:

  • Return-on-Tangible-Equity: 65.26%
  • GF Value™: ₺1,385.01 vs. price of ₺1,718.00 (24% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 1028.1% above the Chemicals median (#1435 of 1568)

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


Marshall Boya VE Verniknayii AS Business Description

Address Dilovasi Organize San. Bolgesi, 1.Kisim Tuna Caddesi No:1, Dilovasi, Gebze, Kocaeli, TUR, 41455
Marshall Boya VE Vernik Sanayii AS is a Turkey-based company involved in manufacturing paints, coatings, and specialty chemicals. The variety of paints provided by the company includes Panel Door Paint, Fit Silicone, Fit Plastic, Antibacterial Hygiene and Silicone Silk Mat Tinted among others.
57GF Score

Get the complete analysis for IST:MRSHL

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

₺1,718.00
Price
₺1,385.01
GF Value