Tureks Turizm Tasimacilik AS (IST:TUREX) ROC (Joel Greenblatt) %: 17.11% (As of Jun. 2025) — 27% Below Median

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IST:TUREX Tureks Turizm Tasimacilik AS IST:TUREX
74 GF Score
Price ₺7.95
GF Value ₺65.13
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Tureks Turizm Tasimacilik AS ROC (Joel Greenblatt) %?

Tureks Turizm Tasimacilik AS IST:TUREX +9.96% 74 ROC (Joel Greenblatt) % is 17.11% as of Jun. 2025, which is 27% below its 10-year median of 23.49. GuruFocus rates IST:TUREX with a GF Score™ of 74/100 and a GF Value™ of ₺65.13 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,000 Transportation companies, Tureks Turizm Tasimacilik AS ranks better than 69.1% 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. Tureks Turizm Tasimacilik AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 17.11%.

The historical rank and industry rank for Tureks Turizm Tasimacilik AS's ROC (Joel Greenblatt) % or its related term are showing as below:

IST:TUREX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.09   Med: 23.49   Max: 42.22
Current: 18.86

During the past 7 years, Tureks Turizm Tasimacilik AS's highest ROC (Joel Greenblatt) % was 42.22%. The lowest was 17.09%. And the median was 23.49%.

IST:TUREX's ROC (Joel Greenblatt) % is ranked better than
69.1% of 1000 companies
in the Transportation industry
Industry Median: 11.73 vs IST:TUREX: 18.86

Tureks Turizm Tasimacilik AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -15.80% per year.


Tureks Turizm Tasimacilik AS  (IST:TUREX) 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.


Tureks Turizm Tasimacilik AS ROC (Joel Greenblatt) % Related Terms


Tureks Turizm Tasimacilik AS ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tureks Turizm Tasimacilik 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.

Tureks Turizm Tasimacilik AS ROC (Joel Greenblatt) % Chart

Tureks Turizm Tasimacilik AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 34.40 25.92 18.11 23.49 17.09

Tureks Turizm Tasimacilik AS Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun24 Dec24 Jun25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 11.29 22.82 17.11

IST:TUREX vs UNP, CSX, NSC: ROC (Joel Greenblatt) % Comparison

For the Railroads subindustry, Tureks Turizm Tasimacilik 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.


Tureks Turizm Tasimacilik AS ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Tureks Turizm Tasimacilik AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tureks Turizm Tasimacilik AS's ROC (Joel Greenblatt) % falls into.


IST:TUREX
74GF Score
Tureks Turizm Tasimacilik AS IST:TUREX
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tureks Turizm Tasimacilik 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)
=(1080.748 + 78.877 + 86.053) - (689.163 + 0 + 128.683)
=427.832

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1635.025 + 122.156 + 103.033) - (1021.313 + 0 + 56.125)
=782.776

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tureks Turizm Tasimacilik AS for the quarter that ended in Jun. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1067.876/( ( (5206.981 + max(427.832, 0)) + (6064.413 + max(782.776, 0)) )/ 2 )
=1067.876/( ( 5634.813 + 6847.189 )/ 2 )
=1067.876/6241.001
=17.11 %

Note: The EBIT data used here is two times the semi-annual (Jun. 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 17.11% mean?
Tureks Turizm Tasimacilik AS (IST:TUREX) has a ROC (Joel Greenblatt) % of 17.11% as of Jun. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tureks Turizm Tasimacilik AS and its competitors. This is 27% below median its historical median of 23.49. Over the past decade, Tureks Turizm Tasimacilik AS's ROC (Joel Greenblatt) % has ranged from 17.09 to 42.22. According to the industry distribution chart, Tureks Turizm Tasimacilik AS ranks #309 out of 1000 companies in the Transportation industry, placing it in the top 30.9%.
Is Tureks Turizm Tasimacilik AS's ROC (Joel Greenblatt) % too high?
Tureks Turizm Tasimacilik AS's current ROC (Joel Greenblatt) % of 17.11% is 27% below median its 10-year median of 23.49. Over the past 10 years, this metric has ranged from a low of 17.09 to a high of 42.22. The Transportation industry median ROC (Joel Greenblatt) % is 11.73. Tureks Turizm Tasimacilik AS's value of 17.11% is 45.9% above this industry median. Based on the distribution chart, Tureks Turizm Tasimacilik AS ranks #309 out of 1000 companies in the Transportation industry, which is above the industry midpoint. Overall, Tureks Turizm Tasimacilik AS has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tureks Turizm Tasimacilik AS's ROC (Joel Greenblatt) % compare to UNP and CSX?
According to the Transportation industry distribution chart, Tureks Turizm Tasimacilik AS ranks #309 out of 1000 companies for ROC (Joel Greenblatt) %. This puts Tureks Turizm Tasimacilik AS in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.73. Tureks Turizm Tasimacilik AS's value of 17.11% is 45.9% above this benchmark. Historically, Tureks Turizm Tasimacilik AS's own ROC (Joel Greenblatt) % has ranged from 17.09 to 42.22 over the past decade. While the company's 10-year median is 23.49 vs. the industry median of 11.73, Tureks Turizm Tasimacilik 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.73, based on 1,000 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. Tureks Turizm Tasimacilik AS's current ROC (Joel Greenblatt) % of 17.11% is 45.9% 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 Tureks Turizm Tasimacilik AS and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tureks Turizm Tasimacilik AS's current ROC (Joel Greenblatt) % is 17.11%, which is 27% below median its own 10-year median of 23.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tureks Turizm Tasimacilik AS stock overvalued right now?
Based on GuruFocus' analysis, Tureks Turizm Tasimacilik AS (IST:TUREX) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺65.13, compared to a current price of ₺7.95 — trading 87.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 17.11%, which is 27% below median its 10-year median of 23.49 and 45.9% above the Transportation industry median of 11.73. Tureks Turizm Tasimacilik AS's overall GF Score™ is 74/100 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 Tureks Turizm Tasimacilik AS (IST:TUREX), the current ROC (Joel Greenblatt) % is 17.11% as of Jun. 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 Tureks Turizm Tasimacilik AS (IST:TUREX) Overvalued in 2026?

Based on GuruFocus' analysis, Tureks Turizm Tasimacilik AS stock appears to be undervalued. The current stock price of ₺7.95 is trading 87.8% below its estimated GF Value™ of ₺65.13. GuruFocus considers Tureks Turizm Tasimacilik AS to be Significantly Undervalued.

Key valuation signals for IST:TUREX:

  • ROC (Joel Greenblatt) %: 17.11% (27% below median its 10-year median of 23.49)
  • GF Value™: ₺65.13 vs. price of ₺7.95 (87.8% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 45.9% above the Transportation median (#309 of 1000)

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


Tureks Turizm Tasimacilik AS Business Description

Address 2nd Akarsu Street, Mehmet Akif Neighborhood, Tureks Plaza, Istanbul, TUR
Tureks Turizm Tasimacilik AS is engaged in four divisions: personnel shuttle transportation, individual and fleet vehicle rental, construction equipment rental, and caravan rental.
74GF Score

Get the complete analysis for IST:TUREX

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

₺7.95
Price
₺65.13
GF Value