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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. Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 47.35%.
IST:SAYAS's ROC (Joel Greenblatt) % is ranked better than 58.95% of 1788
companies
in the Construction industry
Industry Median: 19.305
vs IST:SAYAS: 26.91
Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS (IST:SAYAS) 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.
* 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.
Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS ROC (Joel Greenblatt) % Chart
Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS Annual Data
IST:SAYAS vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Say Yenilenebilir Enerji Ekipmanlarinayi 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.
Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS ROC (Joel Greenblatt) % vs Construction Industry
Say Yenilenebilir Enerji Ekipmanlarinayi 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:
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.
Note:
The EBIT data used here is four times the quarterly (Jun. 2026) 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 47.35% mean?
Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS (IST:SAYAS) has a ROC (Joel Greenblatt) % of 47.35% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS and its competitors. This is 190% above median its historical median of 16.30. According to the industry distribution chart, Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS ranks #734 out of 1788 companies in the Construction industry, placing it in the top 41.1%.
Is Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS's ROC (Joel Greenblatt) % too high?
Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS's current ROC (Joel Greenblatt) % of 47.35% is 190% above median its 10-year median of 16.30. The Construction industry median ROC (Joel Greenblatt) % is 19.31. Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS's value of 47.35% is 145.3% above this industry median. Based on the distribution chart, Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS ranks #734 out of 1788 companies in the Construction industry, which is above the industry midpoint. Overall, Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS ranks #734 out of 1788 companies for ROC (Joel Greenblatt) %. This puts Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.31. Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS's value of 47.35% is 145.3% above this benchmark. While the company's 10-year median is 16.30 vs. the industry median of 19.31, Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.31, based on 1,788 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. Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS's current ROC (Joel Greenblatt) % of 47.35% is 145.3% 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 Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS's current ROC (Joel Greenblatt) % is 47.35%, which is 190% above median its own 10-year median of 16.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS (IST:SAYAS) is currently considered Fairly Valued. The stock's GF Value™ is ₺63.43, compared to a current price of ₺59.65 — trading 6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 47.35%, which is 190% above median its 10-year median of 16.30 and 145.3% above the Construction industry median of 19.31. Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS's overall GF Score™ is 78/100 with 9 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 Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS (IST:SAYAS), the current ROC (Joel Greenblatt) % is 47.35% as of Jun. 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 Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS (IST:SAYAS) Overvalued in 2026?
Based on GuruFocus' analysis, Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS stock appears to be undervalued.
The current stock price of ₺59.65 is trading 6% below its estimated GF Value™ of ₺63.43.
GuruFocus considers Say Yenilenebilir Enerji Ekipmanlarinayi Ve Ticaret AS to be Fairly Valued.
Key valuation signals for IST:SAYAS:
ROC (Joel Greenblatt) %: 47.35% (190% above median its 10-year median of 16.30)
GF Value™: ₺63.43 vs. price of ₺59.65 (6% below fair value)
Industry Position: 145.3% above the Construction median (#734 of 1788)
No single metric tells the full story. See the IST:SAYAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Say Yenilenebilir Enerji Ekipmanlari Sanayi Ve Ticaret AS is engaged in Renewable Energy equipment solutions. Its products and services are Tower Interior Features, Carrying Equipment, Tower External Parts, and Other products.
78GF Score
Get the complete analysis for IST:SAYAS
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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