ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Halk Gayrimenkul Yatirim Ortakligi AS's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 0.30%.
Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Halk Gayrimenkul Yatirim Ortakligi AS's WACC % is 16.27%. Halk Gayrimenkul Yatirim Ortakligi AS's ROC % is 1.82% (calculated using TTM income statement data).
Halk Gayrimenkul Yatirim Ortakligi AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Halk Gayrimenkul Yatirim Ortakligi AS ROC % Related Terms
Halk Gayrimenkul Yatirim Ortakligi AS ROC % Historical 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.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO) has a ROC % of 0.30% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Halk Gayrimenkul Yatirim Ortakligi AS and its competitors.
Is Halk Gayrimenkul Yatirim Ortakligi AS's ROC % too high?
Halk Gayrimenkul Yatirim Ortakligi AS's current ROC % is 0.30%. The REITs industry median ROC % is 3.74. Halk Gayrimenkul Yatirim Ortakligi AS's value of 0.30% is 92% below this industry median. Overall, Halk Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Halk Gayrimenkul Yatirim Ortakligi AS's ROC % compare to VICI and WPC?
Halk Gayrimenkul Yatirim Ortakligi AS's ROC % of 0.30% can be compared against companies in the REITs industry. The industry median ROC % is 3.74. Halk Gayrimenkul Yatirim Ortakligi AS's value of 0.30% is 92% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a REITs company?
The median ROC % among REITs companies is 3.74, based on 747 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halk Gayrimenkul Yatirim Ortakligi AS's current ROC % of 0.30% is 92% 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Halk Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halk Gayrimenkul Yatirim Ortakligi AS's current ROC % is 0.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halk Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺8.94, compared to a current price of ₺5.84 — trading 34.7% below its estimated fair value. The current ROC % is 0.30% and 92% below the REITs industry median of 3.74. Halk Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 66/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO), the current ROC % is 0.30% 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 Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO) Overvalued in 2026?
Based on GuruFocus' analysis, Halk Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued.
The current stock price of ₺5.84 is trading 34.7% below its estimated GF Value™ of ₺8.94.
GuruFocus considers Halk Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.
Key valuation signals for IST:HLGYO:
ROC %: 0.30%
GF Value™: ₺8.94 vs. price of ₺5.84 (34.7% below fair value)
No single metric tells the full story. See the IST:HLGYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Halk Gayrimenkul Yatirim Ortakligi AS Business Description
Halk Gayrimenkul Yatirim Ortakligi AS is a Turkey-based Real Estate Investment Trust. It was established with the aim of investing in real estate and real estate projects and accelerating the change and improvement in the real estate market. The projects of the company include Halk Towers, Evora Izmir Project, Bizimtepe Aydos Project, and Park Dedeman Levent Hotel among others.
66GF Score
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