Turkcell Iletisim Hizmetleri AS (MEX:TKC N) ROC %: 3.82% (As of Mar. 2026)


MEX:TKC N Turkcell Iletisim Hizmetleri AS MEX:TKC N
92 GF Score
Price MXN100.00
GF Value MXN94.98
! 5 Warning Signs
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What is Turkcell Iletisim Hizmetleri AS ROC %?

Turkcell Iletisim Hizmetleri AS MEX:TKC N 92 ROC % is 3.82% as of Mar. 2026. GuruFocus rates MEX:TKC N with a GF Score™ of 92/100 and a GF Value™ of MXN94.98. The stock has 5 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 %. Turkcell Iletisim Hizmetleri AS's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.82%.

As of today (2026-06-27), Turkcell Iletisim Hizmetleri AS's WACC % is 7.68%. Turkcell Iletisim Hizmetleri AS's ROC % is 5.81% (calculated using TTM income statement data). Turkcell Iletisim Hizmetleri AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Turkcell Iletisim Hizmetleri AS  (MEX:TKC N) 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, Turkcell Iletisim Hizmetleri AS's WACC % is 7.68%. Turkcell Iletisim Hizmetleri AS's ROC % is 5.81% (calculated using TTM income statement data). Turkcell Iletisim Hizmetleri 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.


Turkcell Iletisim Hizmetleri AS ROC % Related Terms


Turkcell Iletisim Hizmetleri AS ROC % Historical Data

* Premium members only.

The historical data trend for Turkcell Iletisim Hizmetleri 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.

Turkcell Iletisim Hizmetleri AS ROC % Chart

Turkcell Iletisim Hizmetleri AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.99 3.37 8.58 6.67 5.11

Turkcell Iletisim Hizmetleri AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.68 7.34 7.61 5.31 3.82
MEX:TKC N
92GF Score
Turkcell Iletisim Hizmetleri AS MEX:TKC N
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkcell Iletisim Hizmetleri AS ROC % Calculation

Turkcell Iletisim Hizmetleri 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 )
=17529.239 * ( 1 - 42.96% )/( (226137.729 + 164834.151)/ 2 )
=9998.6779256/195485.94
=5.11 %

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))
=268772.496 - 24789.259 - ( 59188.277 - max(0, 70913.184 - 88758.692+59188.277))
=226137.729

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))
=211349.271 - 19223.895 - ( 44749.388 - max(0, 38839.712 - 66130.937+44749.388))
=164834.151

Turkcell Iletisim Hizmetleri 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 )
=17644.964 * ( 1 - 61.01% )/( (164834.151 + 195599.866)/ 2 )
=6879.7714636/180217.0085
=3.82 %

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))
=211349.271 - 19223.895 - ( 44749.388 - max(0, 38839.712 - 66130.937+44749.388))
=164834.151

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))
=252517.508 - 26112.955 - ( 48942.727 - max(0, 44506.887 - 75311.574+48942.727))
=195599.866

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 3.82% mean?
Turkcell Iletisim Hizmetleri AS (MEX:TKC N) has a ROC % of 3.82% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Turkcell Iletisim Hizmetleri AS and its competitors.
Is Turkcell Iletisim Hizmetleri AS's ROC % too high?
Turkcell Iletisim Hizmetleri AS's current ROC % is 3.82%. The Telecommunication Services industry median ROC % is 4.54. Turkcell Iletisim Hizmetleri AS's value of 3.82% is 15.8% below this industry median. Overall, Turkcell Iletisim Hizmetleri AS has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Turkcell Iletisim Hizmetleri AS's ROC % compare to TMUS and VZ?
Turkcell Iletisim Hizmetleri AS's ROC % of 3.82% can be compared against companies in the Telecommunication Services industry. The industry median ROC % is 4.54. Turkcell Iletisim Hizmetleri AS's value of 3.82% is 15.8% 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 Telecommunication Services company?
The median ROC % among Telecommunication Services companies is 4.54, based on 366 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. Turkcell Iletisim Hizmetleri AS's current ROC % of 3.82% is 15.8% 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 Turkcell Iletisim Hizmetleri AS and its competitors. For the Telecommunication Services industry, the median ROC % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkcell Iletisim Hizmetleri AS's current ROC % is 3.82%. 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?
Turkcell Iletisim Hizmetleri AS (MEX:TKC N) has a current ROC % of 3.82%. The stock's GF Value™ is MXN94.98, compared to a current price of MXN100.00 — trading 5.3% above its estimated fair value. The current ROC % is 3.82% and 15.8% below the Telecommunication Services industry median of 4.54. 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 % calculated?
ROC % is calculated from a company's financial statements. For Turkcell Iletisim Hizmetleri AS (MEX:TKC N), the current ROC % is 3.82% 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 (MEX:TKC N) Overvalued in 2026?

Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS stock appears to be overvalued. The current stock price of MXN100.00 is trading 5.3% above its estimated GF Value™ of MXN94.98.

Key valuation signals for MEX:TKC N:

  • ROC %: 3.82%
  • GF Value™: MXN94.98 vs. price of MXN100.00 (5.3% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 15.8% below the Telecommunication Services median

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


Turkcell Iletisim Hizmetleri AS Business Description

Address Aydinevler Mahallesi Ismet Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854
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

Get the complete analysis for MEX:TKC N

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

MXN100.00
Price
MXN94.98
GF Value