Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) ROCE %: 15.82% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:FORTE Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
61 GF Score
Price ₺109.50
! 8 Warning Signs
View Full Analysis

What is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ROCE %?

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS IST:FORTE +4.58% 61 ROCE % is 15.82% as of Mar. 2026. GuruFocus rates IST:FORTE with a GF Score™ of 61/100. The stock has 8 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.82%.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS  (IST:FORTE) 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.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ROCE % Related Terms


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ROCE % Historical Data

* Premium members only.

The historical data trend for Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ROCE % Chart

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 38.80 49.94 20.02 -3.13 113.02

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quarterly Data
Dec20 Dec21 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 -2.18 14.67 523.68 101.11 15.82
IST:FORTE
61GF Score
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ROCE % Calculation

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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 )
=2847.154/( ( (1831.728 - 756.219) + (5908.967 - 1946.122) )/ 2 )
=2847.154/( (1075.509+3962.845)/ 2 )
=2847.154/2519.177
=113.02 %

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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 )
=679.02/( ( (5908.967 - 1946.122) + (6772.796 - 2153.459) )/ 2 )
=679.02/( ( 3962.845 + 4619.337 )/ 2 )
=679.02/4291.091
=15.82 %

(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 15.82% mean?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a ROCE % of 15.82% as of Mar. 2026.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's ROCE % too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current ROCE % is 15.82%. The Software industry median ROCE % is 5.29. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 15.82% is 199.1% above this industry median. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's ROCE % compare to UBER and SHOP?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's ROCE % of 15.82% can be compared against companies in the Software industry. The industry median ROCE % is 5.29. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 15.82% is 199.1% 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 Software company?
The median ROCE % among Software companies is 5.29, based on 2,723 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current ROCE % of 15.82% is 199.1% 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 Software industry, the median ROCE % is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current ROCE % is 15.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current ROCE % of 15.82%. The current ROCE % is 15.82% and 199.1% above the Software industry median of 5.29. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 8 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current ROCE % is 15.82% 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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description

Address Mustafa Kemal Neighbourhood 2123. Street, Cepa Site Shopping Center No:2/501 Cankaya, Ankara, TUR
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score

Get the complete analysis for IST:FORTE

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

₺109.50
Price