Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Return-on-Tangible-Equity: 24.94% (As of Mar. 2026) — 41% Above Median


IST:TSKB Turkiye Sinai Kalkinma Bankasi AS IST:TSKB
61 GF Score
Price ₺12.05
GF Value ₺15.69
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Turkiye Sinai Kalkinma Bankasi AS Return-on-Tangible-Equity?

Turkiye Sinai Kalkinma Bankasi AS IST:TSKB -1.31% 61 Return-on-Tangible-Equity is 24.94% as of Mar. 2026, which is 41% above its 10-year median of 17.68. GuruFocus rates IST:TSKB with a GF Score™ of 61/100 and a GF Value™ of ₺15.69 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,525 Banks companies, Turkiye Sinai Kalkinma Bankasi AS ranks better than 94.95% 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. Turkiye Sinai Kalkinma Bankasi AS's annualized net income for the quarter that ended in Mar. 2026 was ₺11,479 Mil. Turkiye Sinai Kalkinma Bankasi AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₺46,028 Mil. Therefore, Turkiye Sinai Kalkinma Bankasi AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.94%.

The historical rank and industry rank for Turkiye Sinai Kalkinma Bankasi AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:TSKB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.71   Med: 17.68   Max: 40.75
Current: 26.49

During the past 13 years, Turkiye Sinai Kalkinma Bankasi AS's highest Return-on-Tangible-Equity was 40.75%. The lowest was 12.71%. And the median was 17.68%.

IST:TSKB's Return-on-Tangible-Equity is ranked better than
94.95% of 1525 companies
in the Banks industry
Industry Median: 11.2 vs IST:TSKB: 26.49

Turkiye Sinai Kalkinma Bankasi AS  (IST:TSKB) 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.


Turkiye Sinai Kalkinma Bankasi AS Return-on-Tangible-Equity Related Terms


Turkiye Sinai Kalkinma Bankasi AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Turkiye Sinai Kalkinma Bankasi 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.

Turkiye Sinai Kalkinma Bankasi AS Return-on-Tangible-Equity Chart

Turkiye Sinai Kalkinma Bankasi 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 16.63 40.41 40.75 37.87 28.95

Turkiye Sinai Kalkinma Bankasi 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 36.49 36.18 27.49 18.31 24.94

IST:TSKB vs PNC, USB: Return-on-Tangible-Equity Comparison

For the Banks - Regional subindustry, Turkiye Sinai Kalkinma Bankasi 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.


Turkiye Sinai Kalkinma Bankasi AS Return-on-Tangible-Equity vs Banks Industry

For the Banks industry and Financial Services sector, Turkiye Sinai Kalkinma Bankasi AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Turkiye Sinai Kalkinma Bankasi AS's Return-on-Tangible-Equity falls into.


IST:TSKB
61GF Score
Turkiye Sinai Kalkinma Bankasi AS IST:TSKB
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkiye Sinai Kalkinma Bankasi AS Return-on-Tangible-Equity Calculation

Turkiye Sinai Kalkinma Bankasi 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 )
=11323.717/( (32567.241+45661.647 )/ 2 )
=11323.717/39114.444
=28.95 %

Turkiye Sinai Kalkinma Bankasi 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 )
=11478.76/( (45661.647+46393.683)/ 2 )
=11478.76/46027.665
=24.94 %

* 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 24.94% mean?
Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) has a Return-on-Tangible-Equity of 24.94% 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 Turkiye Sinai Kalkinma Bankasi AS and its competitors. This is 41% above median its historical median of 17.68. Over the past decade, Turkiye Sinai Kalkinma Bankasi AS's Return-on-Tangible-Equity has ranged from 12.71 to 40.75. According to the industry distribution chart, Turkiye Sinai Kalkinma Bankasi AS ranks #77 out of 1525 companies in the Banks industry, placing it in the top 5%.
Is Turkiye Sinai Kalkinma Bankasi AS's Return-on-Tangible-Equity too high?
Turkiye Sinai Kalkinma Bankasi AS's current Return-on-Tangible-Equity of 24.94% is 41% above median its 10-year median of 17.68. Over the past 10 years, this metric has ranged from a low of 12.71 to a high of 40.75. The Banks industry median Return-on-Tangible-Equity is 11.20. Turkiye Sinai Kalkinma Bankasi AS's value of 24.94% is 122.7% above this industry median. Based on the distribution chart, Turkiye Sinai Kalkinma Bankasi AS ranks #77 out of 1525 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Turkiye Sinai Kalkinma Bankasi AS has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turkiye Sinai Kalkinma Bankasi AS's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Turkiye Sinai Kalkinma Bankasi AS ranks #77 out of 1525 companies for Return-on-Tangible-Equity. This places Turkiye Sinai Kalkinma Bankasi AS in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.20. Turkiye Sinai Kalkinma Bankasi AS's value of 24.94% is 122.7% above this benchmark. Historically, Turkiye Sinai Kalkinma Bankasi AS's own Return-on-Tangible-Equity has ranged from 12.71 to 40.75 over the past decade. While the company's 10-year median is 17.68 vs. the industry median of 11.20, Turkiye Sinai Kalkinma Bankasi 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.20, based on 1,525 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. Turkiye Sinai Kalkinma Bankasi AS's current Return-on-Tangible-Equity of 24.94% is 122.7% 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 Turkiye Sinai Kalkinma Bankasi AS and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkiye Sinai Kalkinma Bankasi AS's current Return-on-Tangible-Equity is 24.94%, which is 41% above median its own 10-year median of 17.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Sinai Kalkinma Bankasi AS stock overvalued right now?
Based on GuruFocus' analysis, Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺15.69, compared to a current price of ₺12.05 — trading 23.2% below its estimated fair value. The current Return-on-Tangible-Equity is 24.94%, which is 41% above median its 10-year median of 17.68 and 122.7% above the Banks industry median of 11.20. Turkiye Sinai Kalkinma Bankasi AS's overall GF Score™ is 61/100 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 Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB), the current Return-on-Tangible-Equity is 24.94% 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 Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Sinai Kalkinma Bankasi AS stock appears to be undervalued. The current stock price of ₺12.05 is trading 23.2% below its estimated GF Value™ of ₺15.69. GuruFocus considers Turkiye Sinai Kalkinma Bankasi AS to be Modestly Undervalued.

Key valuation signals for IST:TSKB:

  • Return-on-Tangible-Equity: 24.94% (41% above median its 10-year median of 17.68)
  • GF Value™: ₺15.69 vs. price of ₺12.05 (23.2% below fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 122.7% above the Banks median (#77 of 1525)

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


Turkiye Sinai Kalkinma Bankasi AS Business Description

Address Meclisi Mebusan Cad. No. 81 Findikli, Beyoglu, Istanbul, TUR, 34427
Turkiye Sinai Kalkinma Bankasi AS is an investment and development bank principally operating in Turkey. The company provides a broad array of corporate banking, investment banking, and consultancy services.
61GF Score

Get the complete analysis for IST:TSKB

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

₺12.05
Price
₺15.69
GF Value