Netcad Yazilim AS (IST:NETCD) ROA %: 30.29% (As of Dec. 2024) — 90% Above Median


IST:NETCD Netcad Yazilim AS IST:NETCD
30 GF Score
Price ₺145.40
! 2 Warning Signs
View Full Analysis

What is Netcad Yazilim AS ROA %?

Netcad Yazilim AS IST:NETCD -5.58% 30 ROA % is 30.29% as of Dec. 2024, which is 90% above its 10-year median of 15.94. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,883 Software companies, Netcad Yazilim AS ranks better than 98.06% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Netcad Yazilim AS's annualized Net Income for the quarter that ended in Dec. 2024 was ₺582 Mil. Netcad Yazilim AS's average Total Assets over the quarter that ended in Dec. 2024 was ₺1,923 Mil. Therefore, Netcad Yazilim AS's annualized ROA % for the quarter that ended in Dec. 2024 was 30.29%.

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

IST:NETCD' s ROA % Range Over the Past 10 Years
Min: 15.68   Med: 15.94   Max: 30.29
Current: 30.29

During the past 3 years, Netcad Yazilim AS's highest ROA % was 30.29%. The lowest was 15.68%. And the median was 15.94%.

IST:NETCD's ROA % is ranked better than
98.06% of 2883 companies
in the Software industry
Industry Median: 1.68 vs IST:NETCD: 30.29

Netcad Yazilim AS  (IST:NETCD) 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: Dec. 2024 )
=Net Income/Total Assets
=582.431/1923.1155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(582.431 / 1125.559)*(1125.559 / 1923.1155)
=Net Margin %*Asset Turnover
=51.75 %*0.5853
=30.29 %

Note: The Net Income data used here is one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 2024) 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.


Netcad Yazilim AS ROA % Related Terms


Netcad Yazilim AS ROA % Historical Data

* Premium members only.

The historical data trend for Netcad Yazilim 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.

Netcad Yazilim AS ROA % Chart

Netcad Yazilim AS Annual Data
Trend Dec22 Dec23 Dec24
ROA %
15.94 15.68 30.29

Netcad Yazilim AS Semi-Annual Data
Dec22 Dec23 Dec24
ROA % 15.94 15.68 30.29

IST:NETCD vs CRM, SHOP, UBER: ROA % Comparison

For the Software - Application subindustry, Netcad Yazilim 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.


Netcad Yazilim AS ROA % vs Software Industry

For the Software industry and Technology sector, Netcad Yazilim AS's ROA % distribution charts can be found below:

* The bar in red indicates where Netcad Yazilim AS's ROA % falls into.


IST:NETCD
30GF Score
Netcad Yazilim AS IST:NETCD
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netcad Yazilim AS ROA % Calculation

Netcad Yazilim AS's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=582.431/( (1673.932+2172.299)/ 2 )
=582.431/1923.1155
=30.29 %

Netcad Yazilim AS's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=582.431/( (1673.932+2172.299)/ 2 )
=582.431/1923.1155
=30.29 %

* 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 one times the annual (Dec. 2024) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 30.29% mean?
Netcad Yazilim AS (IST:NETCD) has a ROA % of 30.29% as of Dec. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Netcad Yazilim AS and its competitors. This is 90% above median its historical median of 15.94. Over the past decade, Netcad Yazilim AS's ROA % has ranged from 15.68 to 30.29. According to the industry distribution chart, Netcad Yazilim AS ranks #56 out of 2883 companies in the Software industry, placing it in the top 1.9%.
Is Netcad Yazilim AS's ROA % too high?
Netcad Yazilim AS's current ROA % of 30.29% is 90% above median its 10-year median of 15.94. Over the past 10 years, this metric has ranged from a low of 15.68 to a high of 30.29. The Software industry median ROA % is 1.68. Netcad Yazilim AS's value of 30.29% is 1703% above this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #56 out of 2883 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's ROA % compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #56 out of 2883 companies for ROA %. This places Netcad Yazilim AS in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. Netcad Yazilim AS's value of 30.29% is 1703% above this benchmark. Historically, Netcad Yazilim AS's own ROA % has ranged from 15.68 to 30.29 over the past decade. While the company's 10-year median is 15.94 vs. the industry median of 1.68, Netcad Yazilim 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 Software company?
The median ROA % among Software companies is 1.68, based on 2,883 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. Netcad Yazilim AS's current ROA % of 30.29% is 1703% 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 Netcad Yazilim AS and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current ROA % is 30.29%, which is 90% above median its own 10-year median of 15.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current ROA % of 30.29%. The current ROA % is 30.29%, which is 90% above median its 10-year median of 15.94 and 1703% above the Software industry median of 1.68. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 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 Netcad Yazilim AS (IST:NETCD), the current ROA % is 30.29% as of Dec. 2024. 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.

Netcad Yazilim AS Business Description

Address Bilkent Cyber Plaza, Block B, No. 409 Cyberpark, Cankaya, Ankara, TUR, 06800
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score

Get the complete analysis for IST:NETCD

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

₺145.40
Price