Tat Gidanayi ASIST:TATGD -0.51%67 ROC (Joel Greenblatt) % is 14.69% as of Mar. 2026, which is 2% below its 10-year median of 14.93. GuruFocus rates IST:TATGD with a GF Score™ of 67/100 and a GF Value™ of ₺15.45 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,970 Consumer Packaged Goods companies, Tat Gidanayi AS ranks better than 61.78% 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. Tat Gidanayi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.69%.
The historical rank and industry rank for Tat Gidanayi AS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:TATGD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.62 Med: 14.93 Max: 20.53
Current: 16.36
During the past 13 years, Tat Gidanayi AS's highest ROC (Joel Greenblatt) % was 20.53%. The lowest was 10.62%. And the median was 14.93%.
IST:TATGD's ROC (Joel Greenblatt) % is ranked better than 61.78% of 1970
companies
in the Consumer Packaged Goods industry
Industry Median: 11.985
vs IST:TATGD: 16.36
Tat Gidanayi AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.80% per year.
Tat Gidanayi AS (IST:TATGD) 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.
Tat Gidanayi AS ROC (Joel Greenblatt) % Related Terms
Tat Gidanayi AS ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Tat Gidanayi 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.
IST:TATGD vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Tat Gidanayi 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.
Tat Gidanayi AS ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tat Gidanayi AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tat Gidanayi AS's ROC (Joel Greenblatt) % falls into.
Tat Gidanayi 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 (Mar. 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 14.69% mean?
Tat Gidanayi AS (IST:TATGD) has a ROC (Joel Greenblatt) % of 14.69% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tat Gidanayi AS and its competitors. This is near median its historical median of 14.93. Over the past decade, Tat Gidanayi AS's ROC (Joel Greenblatt) % has ranged from 10.62 to 20.53. According to the industry distribution chart, Tat Gidanayi AS ranks #753 out of 1970 companies in the Consumer Packaged Goods industry, placing it in the top 38.2%.
Is Tat Gidanayi AS's ROC (Joel Greenblatt) % too high?
Tat Gidanayi AS's current ROC (Joel Greenblatt) % of 14.69% is near median its 10-year median of 14.93. Over the past 10 years, this metric has ranged from a low of 10.62 to a high of 20.53. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Tat Gidanayi AS's value of 14.69% is 22.6% above this industry median. Based on the distribution chart, Tat Gidanayi AS ranks #753 out of 1970 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tat Gidanayi AS has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tat Gidanayi AS's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tat Gidanayi AS ranks #753 out of 1970 companies for ROC (Joel Greenblatt) %. This puts Tat Gidanayi AS in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Tat Gidanayi AS's value of 14.69% is 22.6% above this benchmark. Historically, Tat Gidanayi AS's own ROC (Joel Greenblatt) % has ranged from 10.62 to 20.53 over the past decade. While the company's 10-year median is 14.93 vs. the industry median of 11.99, Tat Gidanayi 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,970 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. Tat Gidanayi AS's current ROC (Joel Greenblatt) % of 14.69% is 22.6% 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 Tat Gidanayi AS and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tat Gidanayi AS's current ROC (Joel Greenblatt) % is 14.69%, which is near median its own 10-year median of 14.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tat Gidanayi AS stock overvalued right now?
Based on GuruFocus' analysis, Tat Gidanayi AS (IST:TATGD) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺15.45, compared to a current price of ₺19.39 — trading 25.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.69%, which is near median its 10-year median of 14.93 and 22.6% above the Consumer Packaged Goods industry median of 11.99. Tat Gidanayi AS's overall GF Score™ is 67/100 with 6 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 Tat Gidanayi AS (IST:TATGD), the current ROC (Joel Greenblatt) % is 14.69% 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 Tat Gidanayi AS (IST:TATGD) Overvalued in 2026?
Based on GuruFocus' analysis, Tat Gidanayi AS stock appears to be overvalued.
The current stock price of ₺19.39 is trading 25.5% above its estimated GF Value™ of ₺15.45.
GuruFocus considers Tat Gidanayi AS to be Modestly Overvalued.
Key valuation signals for IST:TATGD:
ROC (Joel Greenblatt) %: 14.69% (near median its 10-year median of 14.93)
GF Value™: ₺15.45 vs. price of ₺19.39 (25.5% above fair value)
Industry Position: 22.6% above the Consumer Packaged Goods median (#753 of 1970)
No single metric tells the full story. See the IST:TATGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tat Gida Sanayi AS is involved in the food sector. The company is engaged in production, distribution, marketing, the domestic and foreign trade of food, beverage, juice, agricultural and animal products, frozen foods, dried goods, sweet and sugar free juice and canned goods. Its segments include Tomato paste and canned foods; and Milk and dairy products. The company generates maximum revenue from the Milk and dairy products segment.
67GF Score
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