Arsan Holding AS (IST:ARSAN) ROA %: 14.90% (As of Mar. 2026) — 44% Above Median

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IST:ARSAN Arsan Holding AS IST:ARSAN
51 GF Score
Price ₺3.56
GF Value ₺2.91
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Arsan Holding AS ROA %?

Arsan Holding AS IST:ARSAN +9.88% 51 ROA % is 14.90% as of Mar. 2026, which is 44% above its 10-year median of 10.33. GuruFocus rates IST:ARSAN with a GF Score™ of 51/100 and a GF Value™ of ₺2.91 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,780 Construction companies, Arsan Holding AS ranks worse than 76.46% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Arsan Holding AS's annualized Net Income for the quarter that ended in Mar. 2026 was ₺2,120.0 Mil. Arsan Holding AS's average Total Assets over the quarter that ended in Mar. 2026 was ₺14,232.6 Mil. Therefore, Arsan Holding AS's annualized ROA % for the quarter that ended in Mar. 2026 was 14.90%.

The historical rank and industry rank for Arsan Holding AS's ROA % or its related term are showing as below:

IST:ARSAN' s ROA % Range Over the Past 10 Years
Min: -3.35   Med: 10.33   Max: 30.59
Current: -0.56

During the past 13 years, Arsan Holding AS's highest ROA % was 30.59%. The lowest was -3.35%. And the median was 10.33%.

IST:ARSAN's ROA % is ranked worse than
76.46% of 1780 companies
in the Construction industry
Industry Median: 2.83 vs IST:ARSAN: -0.56

Arsan Holding AS  (IST:ARSAN) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2120.012/14232.5575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2120.012 / 462.5)*(462.5 / 14232.5575)
=Net Margin %*Asset Turnover
=458.38 %*0.0325
=14.90 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Arsan Holding AS ROA % Related Terms


Arsan Holding AS ROA % Historical Data

* Premium members only.

The historical data trend for Arsan Holding AS's ROA % 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.

Arsan Holding AS ROA % Chart

Arsan Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.59 10.51 12.99 10.52 -3.35

Arsan Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 10.22 -2.76 -10.67 -7.88 14.90

IST:ARSAN vs PWR, FIX, EME: ROA % Comparison

For the Engineering & Construction subindustry, Arsan Holding AS's ROA %, along with its competitors' market caps and ROA % 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.


Arsan Holding AS ROA % vs Construction Industry

For the Construction industry and Industrials sector, Arsan Holding AS's ROA % distribution charts can be found below:

* The bar in red indicates where Arsan Holding AS's ROA % falls into.


IST:ARSAN
51GF Score
Arsan Holding AS IST:ARSAN
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arsan Holding AS ROA % Calculation

Arsan Holding AS's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-387.72/( (10298.442+12865.53)/ 2 )
=-387.72/11581.986
=-3.35 %

Arsan Holding AS's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2120.012/( (12865.53+15599.585)/ 2 )
=2120.012/14232.5575
=14.90 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 14.90% mean?
Arsan Holding AS (IST:ARSAN) has a ROA % of 14.90% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Arsan Holding AS and its competitors. This is 44% above median its historical median of 10.33. According to the industry distribution chart, Arsan Holding AS ranks #1361 out of 1780 companies in the Construction industry, placing it in the top 76.5%.
Is Arsan Holding AS's ROA % too high?
Arsan Holding AS's current ROA % of 14.90% is 44% above median its 10-year median of 10.33. The Construction industry median ROA % is 2.83. Arsan Holding AS's value of 14.90% is 426.5% above this industry median. Based on the distribution chart, Arsan Holding AS ranks #1361 out of 1780 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Arsan Holding AS has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arsan Holding AS's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Arsan Holding AS ranks #1361 out of 1780 companies for ROA %. This places Arsan Holding AS in the lower half of its industry. The industry median ROA % is 2.83. Arsan Holding AS's value of 14.90% is 426.5% above this benchmark. While the company's 10-year median is 10.33 vs. the industry median of 2.83, Arsan Holding 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 ROA % for a Construction company?
The median ROA % among Construction companies is 2.83, based on 1,780 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arsan Holding AS's current ROA % of 14.90% is 426.5% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Arsan Holding AS and its competitors. For the Construction industry, the median ROA % is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arsan Holding AS's current ROA % is 14.90%, which is 44% above median its own 10-year median of 10.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arsan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Arsan Holding AS (IST:ARSAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺2.91, compared to a current price of ₺3.56 — trading 22.3% above its estimated fair value. The current ROA % is 14.90%, which is 44% above median its 10-year median of 10.33 and 426.5% above the Construction industry median of 2.83. Arsan Holding AS's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Arsan Holding AS (IST:ARSAN), the current ROA % is 14.90% 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 Arsan Holding AS (IST:ARSAN) Overvalued in 2026?

Based on GuruFocus' analysis, Arsan Holding AS stock appears to be overvalued. The current stock price of ₺3.56 is trading 22.3% above its estimated GF Value™ of ₺2.91. GuruFocus considers Arsan Holding AS to be Modestly Overvalued.

Key valuation signals for IST:ARSAN:

  • ROA %: 14.90% (44% above median its 10-year median of 10.33)
  • GF Value™: ₺2.91 vs. price of ₺3.56 (22.3% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 426.5% above the Construction median (#1361 of 1780)

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


Arsan Holding AS Business Description

Address Ataturk Street, No: 69/300, Sahrayicedit Neighborhood, Kadikoy, Istanbul, TUR
Arsan Holding AS is a Turkey-based company involved in the Investment of infrastructure construction (water systems, dams, treatment plants), iron-steel production, energy generation (hydropower), natural gas distribution, and other industrial investments.
51GF Score

Get the complete analysis for IST:ARSAN

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺3.56
Price
₺2.91
GF Value