Erciyas Celik Borunayi (IST:ERCB) ROCE %: 16.90% (As of Mar. 2026)


IST:ERCB Erciyas Celik Boru Sanayi IST:ERCB
24 GF Score
Price ₺49.76
GF Value ₺91.64
Valuation Possible Value Trap
! 9 Warning Signs
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What is Erciyas Celik Borunayi ROCE %?

Erciyas Celik Borunayi IST:ERCB +2.01% 24 ROCE % is 16.90% as of Mar. 2026. GuruFocus rates IST:ERCB with a GF Score™ of 24/100 and a GF Value™ of ₺91.64 (Possible Value Trap). The stock has 9 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Erciyas Celik Borunayi's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.90%.

Erciyas Celik Borunayi  (IST:ERCB) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Erciyas Celik Borunayi ROCE % Related Terms

Erciyas Celik Borunayi ROCE % Historical Data

* Premium members only.

The historical data trend for Erciyas Celik Borunayi's ROCE % 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.

Erciyas Celik Borunayi ROCE % Chart

Erciyas Celik Borunayi Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 6.35 11.42 10.29 16.37 6.06

Erciyas Celik Borunayi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 42.61 26.19 52.94 -19.90 16.90
IST:ERCB
24GF Score
Erciyas Celik Boru Sanayi IST:ERCB
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Erciyas Celik Borunayi ROCE % Calculation

Erciyas Celik Borunayi's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=458.192/( ( (12771.489 - 7155.071) + (14423.277 - 4921.512) )/ 2 )
=458.192/( (5616.418+9501.765)/ 2 )
=458.192/7559.0915
=6.06 %

Erciyas Celik Borunayi's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1893.22/( ( (14423.277 - 4921.512) + (18235.553 - 5334.115) )/ 2 )
=1893.22/( ( 9501.765 + 12901.438 )/ 2 )
=1893.22/11201.6015
=16.90 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 16.90% mean?
Erciyas Celik Borunayi (IST:ERCB) has a ROCE % of 16.90% as of Mar. 2026.
Is Erciyas Celik Borunayi's ROCE % too high?
Erciyas Celik Borunayi's current ROCE % is 16.90%. The Steel industry median ROCE % is 5.50. Erciyas Celik Borunayi's value of 16.90% is 207.3% above this industry median. Overall, Erciyas Celik Borunayi has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erciyas Celik Borunayi's ROCE % compare to NUE and STLD?
Erciyas Celik Borunayi's ROCE % of 16.90% can be compared against companies in the Steel industry. The industry median ROCE % is 5.50. Erciyas Celik Borunayi's value of 16.90% is 207.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Steel company?
The median ROCE % among Steel companies is 5.50, based on 621 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Erciyas Celik Borunayi's current ROCE % of 16.90% is 207.3% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erciyas Celik Borunayi's current ROCE % is 16.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erciyas Celik Borunayi stock overvalued right now?
Based on GuruFocus' analysis, Erciyas Celik Borunayi (IST:ERCB) is currently considered Possible Value Trap. The stock's GF Value™ is ₺91.64, compared to a current price of ₺49.76 — trading 45.7% below its estimated fair value. The current ROCE % is 16.90% and 207.3% above the Steel industry median of 5.50. Erciyas Celik Borunayi's overall GF Score™ is 24/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Erciyas Celik Borunayi (IST:ERCB), the current ROCE % is 16.90% 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 Erciyas Celik Borunayi (IST:ERCB) Overvalued in 2026?

Based on GuruFocus' analysis, Erciyas Celik Borunayi stock appears to be undervalued. The current stock price of ₺49.76 is trading 45.7% below its estimated GF Value™ of ₺91.64. GuruFocus considers Erciyas Celik Borunayi to be Possible Value Trap.

Key valuation signals for IST:ERCB:

  • ROCE %: 16.90%
  • GF Value™: ₺91.64 vs. price of ₺49.76 (45.7% below fair value)
  • GF Score™: 24/100 with 9 warning signs
  • Industry Position: 207.3% above the Steel median

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

Erciyas Celik Borunayi Business Description

Address Palladium Tower Barbaros M. Halk Cd. Kardelen, Sk. No:2/1 Kat:25-26 34746 Atasehir, Istanbul, TUR
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.
24GF Score

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

₺49.76
Price
₺91.64
GF Value