Turk Altin Isletmeleri ASIST:TRALT +1.31%84 Return-on-Tangible-Equity is 14.08% as of Mar. 2026, which is 29% below its 10-year median of 19.80. GuruFocus rates IST:TRALT with a GF Score™ of 84/100 and a GF Value™ of ₺43.26 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,376 Metals & Mining companies, Turk Altin Isletmeleri AS ranks better than 83.12% 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. Turk Altin Isletmeleri AS's annualized net income for the quarter that ended in Mar. 2026 was ₺6,436 Mil. Turk Altin Isletmeleri AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺45,694 Mil. Therefore, Turk Altin Isletmeleri AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.08%.
The historical rank and industry rank for Turk Altin Isletmeleri AS's Return-on-Tangible-Equity or its related term are showing as below:
IST:TRALT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.6 Med: 19.8 Max: 36.39
Current: 12.49
During the past 13 years, Turk Altin Isletmeleri AS's highest Return-on-Tangible-Equity was 36.39%. The lowest was -19.60%. And the median was 19.80%.
IST:TRALT's Return-on-Tangible-Equity is ranked better than 83.12% of 2376
companies
in the Metals & Mining industry
Industry Median: -16.445
vs IST:TRALT: 12.49
Turk Altin Isletmeleri AS (IST:TRALT) 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.
Turk Altin Isletmeleri AS Return-on-Tangible-Equity Related Terms
Turk Altin Isletmeleri AS Return-on-Tangible-Equity Historical Data
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The historical data trend for Turk Altin Isletmeleri 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.
Turk Altin Isletmeleri AS Return-on-Tangible-Equity Chart
IST:TRALT vs NEM, AU, RGLD: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Turk Altin Isletmeleri 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.
Turk Altin Isletmeleri AS Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Turk Altin Isletmeleri AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Turk Altin Isletmeleri 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 14.08% mean?
Turk Altin Isletmeleri AS (IST:TRALT) has a Return-on-Tangible-Equity of 14.08% 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 Turk Altin Isletmeleri AS and its competitors. This is 29% below median its historical median of 19.80. According to the industry distribution chart, Turk Altin Isletmeleri AS ranks #401 out of 2376 companies in the Metals & Mining industry, placing it in the top 16.9%.
Is Turk Altin Isletmeleri AS's Return-on-Tangible-Equity too high?
Turk Altin Isletmeleri AS's current Return-on-Tangible-Equity of 14.08% is 29% below median its 10-year median of 19.80. Based on the distribution chart, Turk Altin Isletmeleri AS ranks #401 out of 2376 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Turk Altin Isletmeleri AS has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turk Altin Isletmeleri AS's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Turk Altin Isletmeleri AS ranks #401 out of 2376 companies for Return-on-Tangible-Equity. This places Turk Altin Isletmeleri AS in the top 17% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Turk Altin Isletmeleri AS and its competitors. Turk Altin Isletmeleri AS's current Return-on-Tangible-Equity is 14.08%, which is 29% below median its own 10-year median of 19.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Altin Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS (IST:TRALT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺43.26, compared to a current price of ₺54.25 — trading 25.4% above its estimated fair value. The current Return-on-Tangible-Equity is 14.08%, which is 29% below median its 10-year median of 19.80. Turk Altin Isletmeleri AS's overall GF Score™ is 84/100 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 Turk Altin Isletmeleri AS (IST:TRALT), the current Return-on-Tangible-Equity is 14.08% 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 Turk Altin Isletmeleri AS (IST:TRALT) Overvalued in 2026?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS stock appears to be overvalued.
The current stock price of ₺54.25 is trading 25.4% above its estimated GF Value™ of ₺43.26.
GuruFocus considers Turk Altin Isletmeleri AS to be Modestly Overvalued.
Key valuation signals for IST:TRALT:
Return-on-Tangible-Equity: 14.08% (29% below median its 10-year median of 19.80)
GF Value™: ₺43.26 vs. price of ₺54.25 (25.4% above fair value)
No single metric tells the full story. See the IST:TRALT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turk Altin Isletmeleri AS , formerly Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. Its operating mines include an underground mine at Ovacik, a mine in Cukuralan that utilizes both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.
84GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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