Turkcell Iletisim Hizmetleri ASIST:TCELL +2.00%92 ROC (Joel Greenblatt) % is 31.66% as of Mar. 2026, which is 23% above its 10-year median of 25.74. GuruFocus rates IST:TCELL with a GF Score™ of 92/100 and a GF Value™ of ₺106.10 (Fairly Valued). The stock has 5 warning signs investors should review. Among 363 Telecommunication Services companies, Turkcell Iletisim Hizmetleri AS ranks better than 71.9% 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. Turkcell Iletisim Hizmetleri AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.66%.
The historical rank and industry rank for Turkcell Iletisim Hizmetleri AS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:TCELL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.02 Med: 25.74 Max: 47
Current: 30.12
During the past 13 years, Turkcell Iletisim Hizmetleri AS's highest ROC (Joel Greenblatt) % was 47.00%. The lowest was 16.02%. And the median was 25.74%.
IST:TCELL's ROC (Joel Greenblatt) % is ranked better than 71.9% of 363
companies
in the Telecommunication Services industry
Industry Median: 15.03
vs IST:TCELL: 30.12
Turkcell Iletisim Hizmetleri AS (IST:TCELL) 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.
Turkcell Iletisim Hizmetleri AS ROC (Joel Greenblatt) % Chart
IST:TCELL vs TMUS, VZ, T: ROC (Joel Greenblatt) % Comparison
For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri 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.
Turkcell Iletisim Hizmetleri AS ROC (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's ROC (Joel Greenblatt) % falls into.
Turkcell Iletisim Hizmetleri 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 31.66% mean?
Turkcell Iletisim Hizmetleri AS (IST:TCELL) has a ROC (Joel Greenblatt) % of 31.66% 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 Turkcell Iletisim Hizmetleri AS and its competitors. This is 23% above median its historical median of 25.74. Over the past decade, Turkcell Iletisim Hizmetleri AS's ROC (Joel Greenblatt) % has ranged from 16.02 to 47.00. According to the industry distribution chart, Turkcell Iletisim Hizmetleri AS ranks #102 out of 363 companies in the Telecommunication Services industry, placing it in the top 28.1%.
Is Turkcell Iletisim Hizmetleri AS's ROC (Joel Greenblatt) % too high?
Turkcell Iletisim Hizmetleri AS's current ROC (Joel Greenblatt) % of 31.66% is 23% above median its 10-year median of 25.74. Over the past 10 years, this metric has ranged from a low of 16.02 to a high of 47.00. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 15.03. Turkcell Iletisim Hizmetleri AS's value of 31.66% is 110.6% above this industry median. Based on the distribution chart, Turkcell Iletisim Hizmetleri AS ranks #102 out of 363 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Turkcell Iletisim Hizmetleri AS has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turkcell Iletisim Hizmetleri AS's ROC (Joel Greenblatt) % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Turkcell Iletisim Hizmetleri AS ranks #102 out of 363 companies for ROC (Joel Greenblatt) %. This puts Turkcell Iletisim Hizmetleri AS in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 15.03. Turkcell Iletisim Hizmetleri AS's value of 31.66% is 110.6% above this benchmark. Historically, Turkcell Iletisim Hizmetleri AS's own ROC (Joel Greenblatt) % has ranged from 16.02 to 47.00 over the past decade. While the company's 10-year median is 25.74 vs. the industry median of 15.03, Turkcell Iletisim Hizmetleri 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 15.03, based on 363 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. Turkcell Iletisim Hizmetleri AS's current ROC (Joel Greenblatt) % of 31.66% is 110.6% 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 Turkcell Iletisim Hizmetleri AS and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 15.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkcell Iletisim Hizmetleri AS's current ROC (Joel Greenblatt) % is 31.66%, which is 23% above median its own 10-year median of 25.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkcell Iletisim Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS (IST:TCELL) is currently considered Fairly Valued. The stock's GF Value™ is ₺106.10, compared to a current price of ₺107.00 — trading 0.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 31.66%, which is 23% above median its 10-year median of 25.74 and 110.6% above the Telecommunication Services industry median of 15.03. Turkcell Iletisim Hizmetleri AS's overall GF Score™ is 92/100 with 5 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 Turkcell Iletisim Hizmetleri AS (IST:TCELL), the current ROC (Joel Greenblatt) % is 31.66% 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 Turkcell Iletisim Hizmetleri AS (IST:TCELL) Overvalued in 2026?
Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS stock appears to be overvalued.
The current stock price of ₺107.00 is trading 0.8% above its estimated GF Value™ of ₺106.10.
GuruFocus considers Turkcell Iletisim Hizmetleri AS to be Fairly Valued.
Key valuation signals for IST:TCELL:
ROC (Joel Greenblatt) %: 31.66% (23% above median its 10-year median of 25.74)
GF Value™: ₺106.10 vs. price of ₺107.00 (0.8% above fair value)
Industry Position: 110.6% above the Telecommunication Services median (#102 of 363)
No single metric tells the full story. See the IST:TCELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turkcell Iletisim Hizmetleri AS Business Description
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm's services portfolio includes mobile and fixed voice, data, TV, and digital services over its network. The firm also operates in the Turkish Republic of Northern Cyprus, Belarus, the Netherlands, and Ukraine. It has three main reportable segments: Turkcell Turkiye, Techfin, and Other. The Turkcell Turkiye segment, which derives the majority of revenue, comprises mainly telecommunication and technology services activities.
92GF Score
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