Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM) ROC (Joel Greenblatt) %: 363.23% (As of Dec. 2025) — 655% Above Median


IST:DERIM Derimod Konfeksiyon Ayakkabi Deri San Ve Tic AS IST:DERIM
65 GF Score
Price ₺37.86
GF Value ₺40.32
Valuation Fairly Valued
! 3 Warning Signs
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What is Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ROC (Joel Greenblatt) %?

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS IST:DERIM -0.89% 65 ROC (Joel Greenblatt) % is 363.23% as of Dec. 2025, which is 655% above its 10-year median of 48.09. GuruFocus rates IST:DERIM with a GF Score™ of 65/100 and a GF Value™ of ₺40.32 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,056 Manufacturing - Apparel & Accessories companies, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ranks better than 98.96% 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. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 363.23%.

The historical rank and industry rank for Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's ROC (Joel Greenblatt) % or its related term are showing as below:

IST:DERIM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.85   Med: 48.09   Max: 363.23
Current: 363.23

During the past 13 years, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's highest ROC (Joel Greenblatt) % was 363.23%. The lowest was 16.85%. And the median was 48.09%.

IST:DERIM's ROC (Joel Greenblatt) % is ranked better than
98.96% of 1056 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.395 vs IST:DERIM: 363.23

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 85.20% per year.


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS  (IST:DERIM) 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.


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ROC (Joel Greenblatt) % Related Terms


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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.

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ROC (Joel Greenblatt) % Chart

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.75 115.61 232.78 281.88 363.23

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 44.75 115.61 232.78 281.88 363.23

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

For the Footwear & Accessories subindustry, Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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.


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's ROC (Joel Greenblatt) % falls into.


IST:DERIM
65GF Score
Derimod Konfeksiyon Ayakkabi Deri San Ve Tic AS IST:DERIM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1228.652 + 140.517 + 105.634) - (1164.093 + 0 + 12)
=298.71

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(890.272 + 217.448 + 70.64) - (1093.102 + 0 + 19.274)
=65.984

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=688.722/( ( (8.033 + max(298.71, 0)) + (6.49 + max(65.984, 0)) )/ 2 )
=688.722/( ( 306.743 + 72.474 )/ 2 )
=688.722/189.6085
=363.23 %

Note: The EBIT data used here is one times the annual (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 363.23% mean?
Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM) has a ROC (Joel Greenblatt) % of 363.23% 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 Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS and its competitors. This is 655% above median its historical median of 48.09. Over the past decade, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's ROC (Joel Greenblatt) % has ranged from 16.85 to 363.23. According to the industry distribution chart, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ranks #11 out of 1056 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1%.
Is Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's ROC (Joel Greenblatt) % too high?
Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's current ROC (Joel Greenblatt) % of 363.23% is 655% above median its 10-year median of 48.09. Over the past 10 years, this metric has ranged from a low of 16.85 to a high of 363.23. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.40. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's value of 363.23% is 4226.7% above this industry median. Based on the distribution chart, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ranks #11 out of 1056 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ranks #11 out of 1056 companies for ROC (Joel Greenblatt) %. This places Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.40. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's value of 363.23% is 4226.7% above this benchmark. Historically, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's own ROC (Joel Greenblatt) % has ranged from 16.85 to 363.23 over the past decade. While the company's 10-year median is 48.09 vs. the industry median of 8.40, Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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 ROC (Joel Greenblatt) % for a Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.40, based on 1,056 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. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's current ROC (Joel Greenblatt) % of 363.23% is 4226.7% 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 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 Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's current ROC (Joel Greenblatt) % is 363.23%, which is 655% above median its own 10-year median of 48.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS stock overvalued right now?
Based on GuruFocus' analysis, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM) is currently considered Fairly Valued. The stock's GF Value™ is ₺40.32, compared to a current price of ₺37.86 — trading 6.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 363.23%, which is 655% above median its 10-year median of 48.09 and 4226.7% above the Manufacturing - Apparel & Accessories industry median of 8.40. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's overall GF Score™ is 65/100 with 3 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 Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM), the current ROC (Joel Greenblatt) % is 363.23% 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 Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM) Overvalued in 2026?

Based on GuruFocus' analysis, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS stock appears to be undervalued. The current stock price of ₺37.86 is trading 6.1% below its estimated GF Value™ of ₺40.32. GuruFocus considers Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS to be Fairly Valued.

Key valuation signals for IST:DERIM:

  • ROC (Joel Greenblatt) %: 363.23% (655% above median its 10-year median of 48.09)
  • GF Value™: ₺40.32 vs. price of ₺37.86 (6.1% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 4226.7% above the Manufacturing - Apparel & Accessories median (#11 of 1056)

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


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Business Description

Address Imrahor Street, Premier Campus Office Block No:29/A Kagithane, Gursel, Istanbul, TUR
Derimod Konfeksiyon Ayakkabi Deri San Ve Tic AS is involved in manufacturing leather garments, accessories and other products in Turkey. The company offers Heeled Boots, Flat Boots, Leather Coats, Casual Shoes, Belt and Wallet among others.
65GF Score

Get the complete analysis for IST:DERIM

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

₺37.86
Price
₺40.32
GF Value