Netcad Yazilim ASIST:NETCD -5.58%30 Return-on-Tangible-Equity is 110.34% as of Dec. 2024, which is 5% below its 10-year median of 115.94. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,473 Software companies, Netcad Yazilim AS ranks better than 88.44% 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. Netcad Yazilim AS's annualized net income for the quarter that ended in Dec. 2024 was ₺582 Mil. Netcad Yazilim AS's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₺528 Mil. Therefore, Netcad Yazilim AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 110.34%.
The historical rank and industry rank for Netcad Yazilim AS's Return-on-Tangible-Equity or its related term are showing as below:
IST:NETCD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 110.34 Med: 115.94 Max: 280.35
Current: 110.34
During the past 3 years, Netcad Yazilim AS's highest Return-on-Tangible-Equity was 280.35%. The lowest was 110.34%. And the median was 115.94%.
IST:NETCD's Return-on-Tangible-Equity is ranked better than 88.44% of 2473
companies
in the Software industry
Industry Median: 8.78
vs IST:NETCD: 110.34
Netcad Yazilim AS (IST:NETCD) 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.
Netcad Yazilim AS Return-on-Tangible-Equity Related Terms
Netcad Yazilim AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Netcad Yazilim 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.
Netcad Yazilim AS Return-on-Tangible-Equity Chart
Netcad Yazilim AS Annual Data
Trend
Dec22
Dec23
Dec24
Return-on-Tangible-Equity
280.35
115.94
110.34
Netcad Yazilim AS Semi-Annual Data
Dec22
Dec23
Dec24
Return-on-Tangible-Equity
280.35
115.94
110.34
IST:NETCD vs CRM, SHOP, UBER: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Netcad Yazilim 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.
Netcad Yazilim AS Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Netcad Yazilim AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Netcad Yazilim 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. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 110.34% mean?
Netcad Yazilim AS (IST:NETCD) has a Return-on-Tangible-Equity of 110.34% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Netcad Yazilim AS and its competitors. This is near median its historical median of 115.94. Over the past decade, Netcad Yazilim AS's Return-on-Tangible-Equity has ranged from 110.34 to 280.35. According to the industry distribution chart, Netcad Yazilim AS ranks #286 out of 2473 companies in the Software industry, placing it in the top 11.6%.
Is Netcad Yazilim AS's Return-on-Tangible-Equity too high?
Netcad Yazilim AS's current Return-on-Tangible-Equity of 110.34% is near median its 10-year median of 115.94. Over the past 10 years, this metric has ranged from a low of 110.34 to a high of 280.35. The Software industry median Return-on-Tangible-Equity is 8.78. Netcad Yazilim AS's value of 110.34% is 1156.7% above this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #286 out of 2473 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Return-on-Tangible-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #286 out of 2473 companies for Return-on-Tangible-Equity. This places Netcad Yazilim AS in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.78. Netcad Yazilim AS's value of 110.34% is 1156.7% above this benchmark. Historically, Netcad Yazilim AS's own Return-on-Tangible-Equity has ranged from 110.34 to 280.35 over the past decade. While the company's 10-year median is 115.94 vs. the industry median of 8.78, Netcad Yazilim 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 8.78, based on 2,473 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. Netcad Yazilim AS's current Return-on-Tangible-Equity of 110.34% is 1156.7% 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 Netcad Yazilim AS and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current Return-on-Tangible-Equity is 110.34%, which is near median its own 10-year median of 115.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Return-on-Tangible-Equity of 110.34%. The current Return-on-Tangible-Equity is 110.34%, which is near median its 10-year median of 115.94 and 1156.7% above the Software industry median of 8.78. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 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 Netcad Yazilim AS (IST:NETCD), the current Return-on-Tangible-Equity is 110.34% as of Dec. 2024. 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.
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score
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