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. Polisan Holding AS's annualized net income for the quarter that ended in Mar. 2026 was ₺-1,344 Mil. Polisan Holding AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺14,012 Mil. Therefore, Polisan Holding AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -9.59%.
The historical rank and industry rank for Polisan Holding AS's Return-on-Tangible-Equity or its related term are showing as below:
IST:POLHO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.24 Med: 7.59 Max: 46.54
Current: -9.24
During the past 13 years, Polisan Holding AS's highest Return-on-Tangible-Equity was 46.54%. The lowest was -9.24%. And the median was 7.59%.
IST:POLHO's Return-on-Tangible-Equity is ranked worse than 84.98% of 1571
companies
in the Chemicals industry
Industry Median: 5.7
vs IST:POLHO: -9.24
Polisan Holding AS (IST:POLHO) 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.
Polisan Holding AS Return-on-Tangible-Equity Related Terms
Polisan Holding AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Polisan Holding 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.
Polisan Holding AS Return-on-Tangible-Equity Chart
IST:POLHO vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Polisan Holding 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.
Polisan Holding AS Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Polisan Holding AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Polisan Holding 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 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 -9.59% mean?
Polisan Holding AS (IST:POLHO) has a Return-on-Tangible-Equity of -9.59% 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 Polisan Holding AS and its competitors. According to the industry distribution chart, Polisan Holding AS ranks #1335 out of 1571 companies in the Chemicals industry, placing it in the top 85%.
Is Polisan Holding AS's Return-on-Tangible-Equity too high?
Polisan Holding AS's current Return-on-Tangible-Equity is -9.59%. Based on the distribution chart, Polisan Holding AS ranks #1335 out of 1571 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Polisan Holding AS has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polisan Holding AS's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Polisan Holding AS ranks #1335 out of 1571 companies for Return-on-Tangible-Equity. This places Polisan Holding AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.70. 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 5.70, based on 1,571 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 Polisan Holding AS and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polisan Holding AS's current Return-on-Tangible-Equity is -9.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polisan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Polisan Holding AS (IST:POLHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.84, compared to a current price of ₺20.72 — trading 164.3% above its estimated fair value. The current Return-on-Tangible-Equity is -9.59%. Polisan Holding AS's overall GF Score™ is 52/100 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 Polisan Holding AS (IST:POLHO), the current Return-on-Tangible-Equity is -9.59% 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 Polisan Holding AS (IST:POLHO) Overvalued in 2026?
Based on GuruFocus' analysis, Polisan Holding AS stock appears to be overvalued.
The current stock price of ₺20.72 is trading 164.3% above its estimated GF Value™ of ₺7.84.
GuruFocus considers Polisan Holding AS to be Significantly Overvalued.
Key valuation signals for IST:POLHO:
Return-on-Tangible-Equity: -9.59%
GF Value™: ₺7.84 vs. price of ₺20.72 (164.3% above fair value)
No single metric tells the full story. See the IST:POLHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.
52GF Score
Get the complete analysis for IST:POLHO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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