Good Year Lastikleri TAS (IST:GOODY) ROA %: 2.84% (As of Mar. 2026) — 60% Below Median


IST:GOODY Good Year Lastikleri TAS IST:GOODY
68 GF Score
Price ₺19.89
GF Value ₺17.10
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is Good Year Lastikleri TAS ROA %?

Good Year Lastikleri TAS IST:GOODY -10.00% 68 ROA % is 2.84% as of Mar. 2026, which is 60% below its 10-year median of 7.16. GuruFocus rates IST:GOODY with a GF Score™ of 68/100 and a GF Value™ of ₺17.10 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Good Year Lastikleri TAS ranks worse than 94.69% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Good Year Lastikleri TAS's annualized Net Income for the quarter that ended in Mar. 2026 was ₺482 Mil. Good Year Lastikleri TAS's average Total Assets over the quarter that ended in Mar. 2026 was ₺16,970 Mil. Therefore, Good Year Lastikleri TAS's annualized ROA % for the quarter that ended in Mar. 2026 was 2.84%.

The historical rank and industry rank for Good Year Lastikleri TAS's ROA % or its related term are showing as below:

IST:GOODY' s ROA % Range Over the Past 10 Years
Min: -18.59   Med: 7.16   Max: 17.09
Current: -18.59

During the past 13 years, Good Year Lastikleri TAS's highest ROA % was 17.09%. The lowest was -18.59%. And the median was 7.16%.

IST:GOODY's ROA % is ranked worse than
94.69% of 1336 companies
in the Vehicles & Parts industry
Industry Median: 2.95 vs IST:GOODY: -18.59

Good Year Lastikleri TAS  (IST:GOODY) 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
=482.416/16969.86
=(Net Income / Revenue)*(Revenue / Total Assets)
=(482.416 / 30366.84)*(30366.84 / 16969.86)
=Net Margin %*Asset Turnover
=1.59 %*1.7895
=2.84 %

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.


Good Year Lastikleri TAS ROA % Related Terms


Good Year Lastikleri TAS ROA % Historical Data

* Premium members only.

The historical data trend for Good Year Lastikleri TAS'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.

Good Year Lastikleri TAS ROA % Chart

Good Year Lastikleri TAS 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 14.37 -10.05 -4.76 -7.22 -17.92

Good Year Lastikleri TAS 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 4.42 -15.06 -29.06 -35.06 2.84

IST:GOODY vs ORLY, AZO, BWA: ROA % Comparison

For the Auto Parts subindustry, Good Year Lastikleri TAS'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.


Good Year Lastikleri TAS ROA % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Good Year Lastikleri TAS's ROA % distribution charts can be found below:

* The bar in red indicates where Good Year Lastikleri TAS's ROA % falls into.


IST:GOODY
68GF Score
Good Year Lastikleri TAS IST:GOODY
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Good Year Lastikleri TAS ROA % Calculation

Good Year Lastikleri TAS'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 )
=-2972.589/( (17002.444+16166.97)/ 2 )
=-2972.589/16584.707
=-17.92 %

Good Year Lastikleri TAS'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 )
=482.416/( (16166.97+17772.75)/ 2 )
=482.416/16969.86
=2.84 %

* 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 2.84% mean?
Good Year Lastikleri TAS (IST:GOODY) has a ROA % of 2.84% 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 Good Year Lastikleri TAS and its competitors. This is 60% below median its historical median of 7.16. According to the industry distribution chart, Good Year Lastikleri TAS ranks #1265 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 94.7%.
Is Good Year Lastikleri TAS's ROA % too high?
Good Year Lastikleri TAS's current ROA % of 2.84% is 60% below median its 10-year median of 7.16. The Vehicles & Parts industry median ROA % is 2.95. Good Year Lastikleri TAS's value of 2.84% is 3.7% below this industry median. Based on the distribution chart, Good Year Lastikleri TAS ranks #1265 out of 1336 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Good Year Lastikleri TAS has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Year Lastikleri TAS's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Good Year Lastikleri TAS ranks #1265 out of 1336 companies for ROA %. This places Good Year Lastikleri TAS in the lower half of its industry. The industry median ROA % is 2.95. Good Year Lastikleri TAS's value of 2.84% is 3.7% below this benchmark. While the company's 10-year median is 7.16 vs. the industry median of 2.95, Good Year Lastikleri TAS 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 ROA % for a Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,336 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. Good Year Lastikleri TAS's current ROA % of 2.84% is 3.7% 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 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 Good Year Lastikleri TAS and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Year Lastikleri TAS's current ROA % is 2.84%, which is 60% below median its own 10-year median of 7.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Year Lastikleri TAS stock overvalued right now?
Based on GuruFocus' analysis, Good Year Lastikleri TAS (IST:GOODY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺17.10, compared to a current price of ₺19.89 — trading 16.3% above its estimated fair value. The current ROA % is 2.84%, which is 60% below median its 10-year median of 7.16 and 3.7% below the Vehicles & Parts industry median of 2.95. Good Year Lastikleri TAS's overall GF Score™ is 68/100 with 12 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 Good Year Lastikleri TAS (IST:GOODY), the current ROA % is 2.84% 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 Good Year Lastikleri TAS (IST:GOODY) Overvalued in 2026?

Based on GuruFocus' analysis, Good Year Lastikleri TAS stock appears to be overvalued. The current stock price of ₺19.89 is trading 16.3% above its estimated GF Value™ of ₺17.10. GuruFocus considers Good Year Lastikleri TAS to be Modestly Overvalued.

Key valuation signals for IST:GOODY:

  • ROA %: 2.84% (60% below median its 10-year median of 7.16)
  • GF Value™: ₺17.10 vs. price of ₺19.89 (16.3% above fair value)
  • GF Score™: 68/100 with 12 warning signs
  • Industry Position: 3.7% below the Vehicles & Parts median (#1265 of 1336)

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


Good Year Lastikleri TAS Business Description

Address Buyukdere Street, Maslak Square, Maslak Business Center No: 37 Floor: 3 -4, Maslak, Istanbul, TUR
Good Year Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. Its products include summer, winter, and four-season tires for all types of vehicles that are used in cars, pickup trucks, vans, trucks, and buses. It also offers outer tires of radial and conventional heavy equipment; and various inner tubes and flaps. Geographically, the company caters its services in domestic and foreign markets.
68GF Score

Get the complete analysis for IST:GOODY

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

₺19.89
Price
₺17.10
GF Value