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Vestel Beyaz Esa Ticaretnayi ASIST:VESBE -2.37%64 ROC (Joel Greenblatt) % is 5.70% as of Mar. 2026, which is 86% below its 10-year median of 41.78. GuruFocus rates IST:VESBE with a GF Score™ of 64/100 and a GF Value™ of ₺11.14 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Vestel Beyaz Esa Ticaretnayi AS ranks worse than 70.67% 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. Vestel Beyaz Esa Ticaretnayi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.70%.
The historical rank and industry rank for Vestel Beyaz Esa Ticaretnayi AS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:VESBE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.14 Med: 41.78 Max: 61.77
Current: 1.14
During the past 13 years, Vestel Beyaz Esa Ticaretnayi AS's highest ROC (Joel Greenblatt) % was 61.77%. The lowest was 1.14%. And the median was 41.78%.
IST:VESBE's ROC (Joel Greenblatt) % is ranked worse than 70.67% of 433
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.37
vs IST:VESBE: 1.14
Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) 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.
Vestel Beyaz Esa Ticaretnayi AS ROC (Joel Greenblatt) % Chart
IST:VESBE vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Vestel Beyaz Esa Ticaretnayi 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.
Vestel Beyaz Esa Ticaretnayi AS ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vestel Beyaz Esa Ticaretnayi AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vestel Beyaz Esa Ticaretnayi AS's ROC (Joel Greenblatt) % falls into.
Vestel Beyaz Esa Ticaretnayi 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 5.70% mean?
Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) has a ROC (Joel Greenblatt) % of 5.70% 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 Vestel Beyaz Esa Ticaretnayi AS and its competitors. This is 86% below median its historical median of 41.78. Over the past decade, Vestel Beyaz Esa Ticaretnayi AS's ROC (Joel Greenblatt) % has ranged from 1.14 to 61.77. According to the industry distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #306 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 70.7%.
Is Vestel Beyaz Esa Ticaretnayi AS's ROC (Joel Greenblatt) % too high?
Vestel Beyaz Esa Ticaretnayi AS's current ROC (Joel Greenblatt) % of 5.70% is 86% below median its 10-year median of 41.78. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 61.77. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.37. Vestel Beyaz Esa Ticaretnayi AS's value of 5.70% is 39.2% below this industry median. Based on the distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #306 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Vestel Beyaz Esa Ticaretnayi AS has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vestel Beyaz Esa Ticaretnayi AS's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #306 out of 433 companies for ROC (Joel Greenblatt) %. This places Vestel Beyaz Esa Ticaretnayi AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.37. Vestel Beyaz Esa Ticaretnayi AS's value of 5.70% is 39.2% below this benchmark. Historically, Vestel Beyaz Esa Ticaretnayi AS's own ROC (Joel Greenblatt) % has ranged from 1.14 to 61.77 over the past decade. While the company's 10-year median is 41.78 vs. the industry median of 9.37, Vestel Beyaz Esa Ticaretnayi AS has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.37, based on 433 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. Vestel Beyaz Esa Ticaretnayi AS's current ROC (Joel Greenblatt) % of 5.70% is 39.2% below 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 Vestel Beyaz Esa Ticaretnayi AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestel Beyaz Esa Ticaretnayi AS's current ROC (Joel Greenblatt) % is 5.70%, which is 86% below median its own 10-year median of 41.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestel Beyaz Esa Ticaretnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) is currently considered Possible Value Trap. The stock's GF Value™ is ₺11.14, compared to a current price of ₺6.19 — trading 44.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.70%, which is 86% below median its 10-year median of 41.78 and 39.2% below the Furnishings, Fixtures & Appliances industry median of 9.37. Vestel Beyaz Esa Ticaretnayi AS's overall GF Score™ is 64/100 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE), the current ROC (Joel Greenblatt) % is 5.70% 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Overvalued in 2026?
Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS stock appears to be undervalued.
The current stock price of ₺6.19 is trading 44.4% below its estimated GF Value™ of ₺11.14.
GuruFocus considers Vestel Beyaz Esa Ticaretnayi AS to be Possible Value Trap.
Key valuation signals for IST:VESBE:
ROC (Joel Greenblatt) %: 5.70% (86% below median its 10-year median of 41.78)
GF Value™: ₺11.14 vs. price of ₺6.19 (44.4% below fair value)
Industry Position: 39.2% below the Furnishings, Fixtures & Appliances median (#306 of 433)
No single metric tells the full story. See the IST:VESBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vestel Beyaz Esa Ticaretnayi AS Business Description
Vestel Beyaz Esa Ticaret Sanayi AS produces refrigerators, room air conditioning units, washing machines, cookers, dishwashers and water heaters. The company operates in single segment and its geographical operations are spread across Turkey, Europe and Other countries with the majority of the revenue generating from Europe.
64GF Score
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