Turker Vangolu Enerji Yatirim AS (IST:VEYAS) ROC %: 3.73% (As of Mar. 2026)

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IST:VEYAS Turker Vangolu Enerji Yatirim AS IST:VEYAS
19 GF Score
Price ₺136.00
! 3 Warning Signs
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What is Turker Vangolu Enerji Yatirim AS ROC %?

Turker Vangolu Enerji Yatirim AS IST:VEYAS -0.44% 19 ROC % is 3.73% as of Mar. 2026. GuruFocus rates IST:VEYAS with a GF Score™ of 19/100. The stock has 3 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Turker Vangolu Enerji Yatirim AS's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.73%.

As of today (2026-09-01), Turker Vangolu Enerji Yatirim AS's WACC % is 9.89%. Turker Vangolu Enerji Yatirim AS's ROC % is 0.93% (calculated using TTM income statement data). Turker Vangolu Enerji Yatirim AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Turker Vangolu Enerji Yatirim AS  (IST:VEYAS) 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, Turker Vangolu Enerji Yatirim AS's WACC % is 9.89%. Turker Vangolu Enerji Yatirim AS's ROC % is 0.93% (calculated using TTM income statement data). Turker Vangolu Enerji Yatirim 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.


Turker Vangolu Enerji Yatirim AS ROC % Related Terms


Turker Vangolu Enerji Yatirim AS ROC % Historical Data

* Premium members only.

The historical data trend for Turker Vangolu Enerji Yatirim AS's ROC % 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.

Turker Vangolu Enerji Yatirim AS ROC % Chart

Turker Vangolu Enerji Yatirim AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
0.00 0.00 46.16 47.57 31.83

Turker Vangolu Enerji Yatirim AS Quarterly Data
Dec22 Dec23 Dec24 Mar25 Dec25 Mar26
ROC % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 3.73
IST:VEYAS
19GF Score
Turker Vangolu Enerji Yatirim AS IST:VEYAS
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Turker Vangolu Enerji Yatirim AS ROC % Calculation

Turker Vangolu Enerji Yatirim AS's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=9136.318 * ( 1 - 24.86% )/( (19893.621 + 23237.615)/ 2 )
=6865.0293452/21565.618
=31.83 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=24411.107 - 4371.393 - ( 146.093 - max(0, 8030.835 - 10913.99+146.093))
=19893.621

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=31880.879 - 7119.385 - ( 1523.879 - max(0, 9490.359 - 13021.643+1523.879))
=23237.615

Turker Vangolu Enerji Yatirim AS's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=9165.952 * ( 1 - 90.12% )/( (23237.615 + 25353.612)/ 2 )
=905.5960576/24295.6135
=3.73 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=31880.879 - 7119.385 - ( 1523.879 - max(0, 9490.359 - 13021.643+1523.879))
=23237.615

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=30121.124 - 4539.423 - ( 228.089 - max(0, 6958.698 - 11948.532+228.089))
=25353.612

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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 3.73% mean?
Turker Vangolu Enerji Yatirim AS (IST:VEYAS) has a ROC % of 3.73% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Turker Vangolu Enerji Yatirim AS and its competitors.
Is Turker Vangolu Enerji Yatirim AS's ROC % too high?
Turker Vangolu Enerji Yatirim AS's current ROC % is 3.73%. The Utilities - Regulated industry median ROC % is 4.25. Turker Vangolu Enerji Yatirim AS's value of 3.73% is 12.2% below this industry median. Overall, Turker Vangolu Enerji Yatirim AS has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Turker Vangolu Enerji Yatirim AS's ROC % compare to NEE and SO?
Turker Vangolu Enerji Yatirim AS's ROC % of 3.73% can be compared against companies in the Utilities - Regulated industry. The industry median ROC % is 4.25. Turker Vangolu Enerji Yatirim AS's value of 3.73% is 12.2% 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 an Utilities - Regulated company?
The median ROC % among Utilities - Regulated companies is 4.25, based on 501 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. Turker Vangolu Enerji Yatirim AS's current ROC % of 3.73% is 12.2% 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 % 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 Turker Vangolu Enerji Yatirim AS and its competitors. For the Utilities - Regulated industry, the median ROC % is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turker Vangolu Enerji Yatirim AS's current ROC % is 3.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turker Vangolu Enerji Yatirim AS stock overvalued right now?
Turker Vangolu Enerji Yatirim AS (IST:VEYAS) has a current ROC % of 3.73%. The current ROC % is 3.73% and 12.2% below the Utilities - Regulated industry median of 4.25. Turker Vangolu Enerji Yatirim AS's overall GF Score™ is 19/100 with 3 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 Turker Vangolu Enerji Yatirim AS (IST:VEYAS), the current ROC % is 3.73% 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.

Turker Vangolu Enerji Yatirim AS Business Description

Address Dumlupinar Boulevard No: 274/6, Inner Door No: 74, Mustafa Kemal Neighborhood, Cankaya, Ankara, TUR
Turker Vangolu Enerji Yatirim AS is engaged in the energy sector. It offers products, solutions, and services across the entire energy value chain. The group offers Electricity Distribution and Electricity Retail Sales and services.
19GF Score

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

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