TGS Dis Ticaret AS (IST:TGSAS) Return-on-Tangible-Equity: 4.29% (As of Mar. 2026) — 80% Below Median


IST:TGSAS TGS Dis Ticaret AS IST:TGSAS
80 GF Score
Price ₺170.40
GF Value ₺80.68
Valuation Significantly Overvalued
! 5 Warning Signs
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What is TGS Dis Ticaret AS Return-on-Tangible-Equity?

TGS Dis Ticaret AS IST:TGSAS +0.95% 80 Return-on-Tangible-Equity is 4.29% as of Mar. 2026, which is 80% below its 10-year median of 21.67. GuruFocus rates IST:TGSAS with a GF Score™ of 80/100 and a GF Value™ of ₺80.68 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 153 Industrial Distribution companies, TGS Dis Ticaret AS ranks better than 73.2% 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. TGS Dis Ticaret AS's annualized net income for the quarter that ended in Mar. 2026 was ₺14.7 Mil. TGS Dis Ticaret AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺342.3 Mil. Therefore, TGS Dis Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.29%.

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

IST:TGSAS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.23   Med: 21.67   Max: 49.01
Current: 20.83

During the past 13 years, TGS Dis Ticaret AS's highest Return-on-Tangible-Equity was 49.01%. The lowest was 6.23%. And the median was 21.67%.

IST:TGSAS's Return-on-Tangible-Equity is ranked better than
73.2% of 153 companies
in the Industrial Distribution industry
Industry Median: 8.96 vs IST:TGSAS: 20.83

TGS Dis Ticaret AS  (IST:TGSAS) 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.


TGS Dis Ticaret AS Return-on-Tangible-Equity Related Terms


TGS Dis Ticaret AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for TGS Dis 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.

TGS Dis Ticaret AS Return-on-Tangible-Equity Chart

TGS Dis 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 22.53 7.00 20.80 49.01 29.15

TGS Dis Ticaret 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 55.65 8.56 27.35 45.51 4.29

IST:TGSAS vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison

For the Industrial Distribution subindustry, TGS Dis 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.


TGS Dis Ticaret AS Return-on-Tangible-Equity vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, TGS Dis Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where TGS Dis Ticaret AS's Return-on-Tangible-Equity falls into.


IST:TGSAS
80GF Score
TGS Dis Ticaret AS IST:TGSAS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TGS Dis Ticaret AS Return-on-Tangible-Equity Calculation

TGS Dis 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 )
=90.396/( (296.298+323.998 )/ 2 )
=90.396/310.148
=29.15 %

TGS Dis 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 )
=14.672/( (323.998+360.639)/ 2 )
=14.672/342.3185
=4.29 %

* 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 4.29% mean?
TGS Dis Ticaret AS (IST:TGSAS) has a Return-on-Tangible-Equity of 4.29% 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 TGS Dis Ticaret AS and its competitors. This is 80% below median its historical median of 21.67. Over the past decade, TGS Dis Ticaret AS's Return-on-Tangible-Equity has ranged from 6.23 to 49.01. According to the industry distribution chart, TGS Dis Ticaret AS ranks #41 out of 153 companies in the Industrial Distribution industry, placing it in the top 26.8%.
Is TGS Dis Ticaret AS's Return-on-Tangible-Equity too high?
TGS Dis Ticaret AS's current Return-on-Tangible-Equity of 4.29% is 80% below median its 10-year median of 21.67. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 49.01. The Industrial Distribution industry median Return-on-Tangible-Equity is 8.96. TGS Dis Ticaret AS's value of 4.29% is 52.1% below this industry median. Based on the distribution chart, TGS Dis Ticaret AS ranks #41 out of 153 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, TGS Dis Ticaret AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS Dis Ticaret AS's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, TGS Dis Ticaret AS ranks #41 out of 153 companies for Return-on-Tangible-Equity. This puts TGS Dis Ticaret AS in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.96. TGS Dis Ticaret AS's value of 4.29% is 52.1% below this benchmark. Historically, TGS Dis Ticaret AS's own Return-on-Tangible-Equity has ranged from 6.23 to 49.01 over the past decade. While the company's 10-year median is 21.67 vs. the industry median of 8.96, TGS Dis Ticaret AS has consistently been below 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 an Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 8.96, based on 153 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. TGS Dis Ticaret AS's current Return-on-Tangible-Equity of 4.29% is 52.1% below 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 TGS Dis Ticaret AS and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGS Dis Ticaret AS's current Return-on-Tangible-Equity is 4.29%, which is 80% below median its own 10-year median of 21.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGS Dis Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, TGS Dis Ticaret AS (IST:TGSAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺80.68, compared to a current price of ₺170.40 — trading 111.2% above its estimated fair value. The current Return-on-Tangible-Equity is 4.29%, which is 80% below median its 10-year median of 21.67 and 52.1% below the Industrial Distribution industry median of 8.96. TGS Dis Ticaret AS's overall GF Score™ is 80/100 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 TGS Dis Ticaret AS (IST:TGSAS), the current Return-on-Tangible-Equity is 4.29% 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 TGS Dis Ticaret AS (IST:TGSAS) Overvalued in 2026?

Based on GuruFocus' analysis, TGS Dis Ticaret AS stock appears to be overvalued. The current stock price of ₺170.40 is trading 111.2% above its estimated GF Value™ of ₺80.68. GuruFocus considers TGS Dis Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:TGSAS:

  • Return-on-Tangible-Equity: 4.29% (80% below median its 10-year median of 21.67)
  • GF Value™: ₺80.68 vs. price of ₺170.40 (111.2% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 52.1% below the Industrial Distribution median (#41 of 153)

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


TGS Dis Ticaret AS Business Description

Address Halkali Merkez Mahallesi, Basin Ekspres Yolu, Capital Tower No:9 Kat:1 D:11/12/13/14, Kucukcekmece, Istanbul, TUR
TGS Dis Ticaret AS offers import and export services. The company facilitates the transfer of goods and services across international boundaries.
80GF Score

Get the complete analysis for IST:TGSAS

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

₺170.40
Price
₺80.68
GF Value