Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) Return-on-Tangible-Equity: -28.65% (As of Mar. 2026)


IST:SERNT Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
9 GF Score
Price ₺9.66
! 7 Warning Signs
View Full Analysis

What is Seranit Granit Seramiknayi ve Ticaret AS Return-on-Tangible-Equity?

Seranit Granit Seramiknayi ve Ticaret AS IST:SERNT -2.33% 9 Return-on-Tangible-Equity is -28.65% as of Mar. 2026. GuruFocus rates IST:SERNT with a GF Score™ of 9/100. The stock has 7 warning signs investors should review. Among 397 Building Materials companies, Seranit Granit Seramiknayi ve Ticaret AS ranks worse than 93.7% 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. Seranit Granit Seramiknayi ve Ticaret AS's annualized net income for the quarter that ended in Mar. 2026 was ₺-1,283 Mil. Seranit Granit Seramiknayi ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺4,477 Mil. Therefore, Seranit Granit Seramiknayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -28.65%.

The historical rank and industry rank for Seranit Granit Seramiknayi ve Ticaret AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:SERNT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -37.79   Med: 24.66   Max: 109.16
Current: -31.14

During the past 5 years, Seranit Granit Seramiknayi ve Ticaret AS's highest Return-on-Tangible-Equity was 109.16%. The lowest was -37.79%. And the median was 24.66%.

IST:SERNT's Return-on-Tangible-Equity is ranked worse than
93.7% of 397 companies
in the Building Materials industry
Industry Median: 5.06 vs IST:SERNT: -31.14

Seranit Granit Seramiknayi ve Ticaret AS  (IST:SERNT) 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.


Seranit Granit Seramiknayi ve Ticaret AS Return-on-Tangible-Equity Related Terms


Seranit Granit Seramiknayi ve Ticaret AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Seranit Granit Seramiknayi 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.

Seranit Granit Seramiknayi ve Ticaret AS Return-on-Tangible-Equity Chart

Seranit Granit Seramiknayi ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
0.00 Negative Tangible Equity 109.16 24.66 -37.79

Seranit Granit Seramiknayi ve Ticaret AS Quarterly Data
Dec21 Dec22 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 -58.54 -32.16 -26.08 -37.82 -28.65

IST:SERNT vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison

For the Building Materials subindustry, Seranit Granit Seramiknayi 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.


Seranit Granit Seramiknayi ve Ticaret AS Return-on-Tangible-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Seranit Granit Seramiknayi ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Seranit Granit Seramiknayi ve Ticaret AS's Return-on-Tangible-Equity falls into.


IST:SERNT
9GF Score
Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seranit Granit Seramiknayi ve Ticaret AS Return-on-Tangible-Equity Calculation

Seranit Granit Seramiknayi 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 )
=-1656.404/( (4351.026+4415.419 )/ 2 )
=-1656.404/4383.2225
=-37.79 %

Seranit Granit Seramiknayi ve Ticaret 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 )
=-1282.84/( (4415.419+4538.445)/ 2 )
=-1282.84/4476.932
=-28.65 %

* 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 -28.65% mean?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a Return-on-Tangible-Equity of -28.65% 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 Seranit Granit Seramiknayi ve Ticaret AS and its competitors. According to the industry distribution chart, Seranit Granit Seramiknayi ve Ticaret AS ranks #372 out of 397 companies in the Building Materials industry, placing it in the top 93.7%.
Is Seranit Granit Seramiknayi ve Ticaret AS's Return-on-Tangible-Equity too high?
Seranit Granit Seramiknayi ve Ticaret AS's current Return-on-Tangible-Equity is -28.65%. Based on the distribution chart, Seranit Granit Seramiknayi ve Ticaret AS ranks #372 out of 397 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Seranit Granit Seramiknayi ve Ticaret AS has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Seranit Granit Seramiknayi ve Ticaret AS's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Seranit Granit Seramiknayi ve Ticaret AS ranks #372 out of 397 companies for Return-on-Tangible-Equity. This places Seranit Granit Seramiknayi ve Ticaret AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.06. 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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 Seranit Granit Seramiknayi ve Ticaret AS and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seranit Granit Seramiknayi ve Ticaret AS's current Return-on-Tangible-Equity is -28.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seranit Granit Seramiknayi ve Ticaret AS stock overvalued right now?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a current Return-on-Tangible-Equity of -28.65%. The current Return-on-Tangible-Equity is -28.65%. Seranit Granit Seramiknayi ve Ticaret AS's overall GF Score™ is 9/100 with 7 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 Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT), the current Return-on-Tangible-Equity is -28.65% 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.

Seranit Granit Seramiknayi ve Ticaret AS Business Description

Address Huseyin Baykara Sk. No: 1/3, Uskudar, Sultantepe District, Istanbul, TUR
Seranit Granit Seramik Sanayi ve Ticaret AS is engaged in the production, marketing and trade of building materials such as tiles, granite, porcelain and ceramics. The Company provides sales, definition and marketing of the products it produces through dealership agreements it has concluded with its branches.
9GF Score

Get the complete analysis for IST:SERNT

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

₺9.66
Price