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IST:ZRGYO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.43 Med: 10.47 Max: 45.02
Current: 10.47
During the past 8 years, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's highest Return-on-Tangible-Equity was 45.02%. The lowest was 6.43%. And the median was 10.47%.
IST:ZRGYO's Return-on-Tangible-Equity is ranked better than 73.87% of 926
companies
in the REITs industry
Industry Median: 6.27
vs IST:ZRGYO: 10.47
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Return-on-Tangible-Equity Related Terms
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Return-on-Tangible-Equity Historical Data
* 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Return-on-Tangible-Equity Chart
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Annual Data
IST:ZRGYO vs VICI, WPC: Return-on-Tangible-Equity Comparison
For the REIT - Diversified subindustry, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Return-on-Tangible-Equity vs REITs Industry
* 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 1.81% mean?
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) has a Return-on-Tangible-Equity of 1.81% 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS and its competitors. This is 83% below median its historical median of 10.47. Over the past decade, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Return-on-Tangible-Equity has ranged from 6.43 to 45.02. According to the industry distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #242 out of 926 companies in the REITs industry, placing it in the top 26.1%.
Is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Return-on-Tangible-Equity too high?
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current Return-on-Tangible-Equity of 1.81% is 83% below median its 10-year median of 10.47. Over the past 10 years, this metric has ranged from a low of 6.43 to a high of 45.02. The REITs industry median Return-on-Tangible-Equity is 6.27. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's value of 1.81% is 71.1% below this industry median. Based on the distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #242 out of 926 companies in the REITs industry, which is above the industry midpoint. Overall, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #242 out of 926 companies for Return-on-Tangible-Equity. This puts ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.27. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's value of 1.81% is 71.1% below this benchmark. Historically, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's own Return-on-Tangible-Equity has ranged from 6.43 to 45.02 over the past decade. While the company's 10-year median is 10.47 vs. the industry median of 6.27, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI 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 a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.27, based on 926 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. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current Return-on-Tangible-Equity of 1.81% is 71.1% 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current Return-on-Tangible-Equity is 1.81%, which is 83% below median its own 10-year median of 10.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS stock overvalued right now?
Based on GuruFocus' analysis, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺13.97, compared to a current price of ₺18.20 — trading 30.3% above its estimated fair value. The current Return-on-Tangible-Equity is 1.81%, which is 83% below median its 10-year median of 10.47 and 71.1% below the REITs industry median of 6.27. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO), the current Return-on-Tangible-Equity is 1.81% 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) Overvalued in 2026?
Based on GuruFocus' analysis, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS stock appears to be overvalued.
The current stock price of ₺18.20 is trading 30.3% above its estimated GF Value™ of ₺13.97.
GuruFocus considers ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS to be Modestly Overvalued.
Key valuation signals for IST:ZRGYO:
Return-on-Tangible-Equity: 1.81% (83% below median its 10-year median of 10.47)
GF Value™: ₺13.97 vs. price of ₺18.20 (30.3% above fair value)
Industry Position: 71.1% below the REITs median (#242 of 926)
No single metric tells the full story. See the IST:ZRGYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Business Description
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS is a real estate investment company. Its portfolio consists of under construction Istanbul International Finance Center Ziraat Towers project and office buildings. It diversifies its investment portfolio with hotel and housing investments.
80GF Score
Get the complete analysis for IST:ZRGYO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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