Bayrak EBT Tabannayi ve Ticaret AS (IST:BAYRK) ROC (Joel Greenblatt) %: -89.62% (As of Dec. 2025)


IST:BAYRK Bayrak EBT Taban Sanayi ve Ticaret AS IST:BAYRK
46 GF Score
Price ₺4.50
GF Value ₺2.47
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Bayrak EBT Tabannayi ve Ticaret AS ROC (Joel Greenblatt) %?

Bayrak EBT Tabannayi ve Ticaret AS IST:BAYRK 46 ROC (Joel Greenblatt) % is -89.62% as of Dec. 2025. GuruFocus rates IST:BAYRK with a GF Score™ of 46/100 and a GF Value™ of ₺2.47 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,058 Manufacturing - Apparel & Accessories companies, Bayrak EBT Tabannayi ve Ticaret AS ranks worse than 92.82% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Bayrak EBT Tabannayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -89.62%.

The historical rank and industry rank for Bayrak EBT Tabannayi ve Ticaret AS's ROC (Joel Greenblatt) % or its related term are showing as below:

IST:BAYRK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.36   Med: 14.76   Max: 25.63
Current: -38.86

During the past 7 years, Bayrak EBT Tabannayi ve Ticaret AS's highest ROC (Joel Greenblatt) % was 25.63%. The lowest was -41.36%. And the median was 14.76%.

IST:BAYRK's ROC (Joel Greenblatt) % is ranked worse than
92.82% of 1058 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.395 vs IST:BAYRK: -38.86

Bayrak EBT Tabannayi ve Ticaret AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Bayrak EBT Tabannayi ve Ticaret AS  (IST:BAYRK) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Bayrak EBT Tabannayi ve Ticaret AS ROC (Joel Greenblatt) % Related Terms


Bayrak EBT Tabannayi ve Ticaret AS ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bayrak EBT Tabannayi ve Ticaret AS's ROC (Joel Greenblatt) % 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.

Bayrak EBT Tabannayi ve Ticaret AS ROC (Joel Greenblatt) % Chart

Bayrak EBT Tabannayi ve Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 15.36 -0.43 20.07 -11.97 -41.36

Bayrak EBT Tabannayi ve Ticaret AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROC (Joel Greenblatt) % 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 1.04 -3.97 -47.25 -3.51 -89.62

IST:BAYRK vs NKE, DECK, ONON: ROC (Joel Greenblatt) % Comparison

For the Footwear & Accessories subindustry, Bayrak EBT Tabannayi ve Ticaret AS's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Bayrak EBT Tabannayi ve Ticaret AS ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bayrak EBT Tabannayi ve Ticaret AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bayrak EBT Tabannayi ve Ticaret AS's ROC (Joel Greenblatt) % falls into.


IST:BAYRK
46GF Score
Bayrak EBT Taban Sanayi ve Ticaret AS IST:BAYRK
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bayrak EBT Tabannayi ve Ticaret AS ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(117.555 + 167.405 + 52.137) - (153.213 + 0 + 4.543)
=179.341

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.161 + 132.936 + 38.581) - (191.064 + 0 + 5.402)
=53.212

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bayrak EBT Tabannayi ve Ticaret AS for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-400.196/( ( (329.451 + max(179.341, 0)) + (331.103 + max(53.212, 0)) )/ 2 )
=-400.196/( ( 508.792 + 384.315 )/ 2 )
=-400.196/446.5535
=-89.62 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT 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.

What does a ROC (Joel Greenblatt) % of -89.62% mean?
Bayrak EBT Tabannayi ve Ticaret AS (IST:BAYRK) has a ROC (Joel Greenblatt) % of -89.62% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bayrak EBT Tabannayi ve Ticaret AS and its competitors. According to the industry distribution chart, Bayrak EBT Tabannayi ve Ticaret AS ranks #982 out of 1058 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92.8%.
Is Bayrak EBT Tabannayi ve Ticaret AS's ROC (Joel Greenblatt) % too high?
Bayrak EBT Tabannayi ve Ticaret AS's current ROC (Joel Greenblatt) % is -89.62%. Based on the distribution chart, Bayrak EBT Tabannayi ve Ticaret AS ranks #982 out of 1058 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Bayrak EBT Tabannayi ve Ticaret AS has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bayrak EBT Tabannayi ve Ticaret AS's ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bayrak EBT Tabannayi ve Ticaret AS ranks #982 out of 1058 companies for ROC (Joel Greenblatt) %. This places Bayrak EBT Tabannayi ve Ticaret AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.40, based on 1,058 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bayrak EBT Tabannayi ve Ticaret AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bayrak EBT Tabannayi ve Ticaret AS's current ROC (Joel Greenblatt) % is -89.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayrak EBT Tabannayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Bayrak EBT Tabannayi ve Ticaret AS (IST:BAYRK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺2.47, compared to a current price of ₺4.50 — trading 82.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is -89.62%. Bayrak EBT Tabannayi ve Ticaret AS's overall GF Score™ is 46/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Bayrak EBT Tabannayi ve Ticaret AS (IST:BAYRK), the current ROC (Joel Greenblatt) % is -89.62% as of Dec. 2025. 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 Bayrak EBT Tabannayi ve Ticaret AS (IST:BAYRK) Overvalued in 2026?

Based on GuruFocus' analysis, Bayrak EBT Tabannayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺4.50 is trading 82.2% above its estimated GF Value™ of ₺2.47. GuruFocus considers Bayrak EBT Tabannayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:BAYRK:

  • ROC (Joel Greenblatt) %: -89.62%
  • GF Value™: ₺2.47 vs. price of ₺4.50 (82.2% above fair value)
  • GF Score™: 46/100 with 11 warning signs

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


Bayrak EBT Tabannayi ve Ticaret AS Business Description

Address Adnan Kahveci Mahallesi, Calislar Caddesi No: 24, Istanbul, TUR, 34528
Bayrak EBT Taban Sanayi ve Ticaret AS is engaged in the manufacturing of PVC shoe soles.
46GF Score

Get the complete analysis for IST:BAYRK

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺4.50
Price
₺2.47
GF Value