Good Year Lastikleri TAS (IST:GOODY) ROCE %: 128.79% (As of Mar. 2026)


IST:GOODY Good Year Lastikleri TAS IST:GOODY
69 GF Score
Price ₺22.10
GF Value ₺17.09
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Good Year Lastikleri TAS ROCE %?

Good Year Lastikleri TAS IST:GOODY +9.95% 69 ROCE % is 128.79% as of Mar. 2026. GuruFocus rates IST:GOODY with a GF Score™ of 69/100 and a GF Value™ of ₺17.09 (Modestly Overvalued). The stock has 12 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. Good Year Lastikleri TAS's annualized ROCE % for the quarter that ended in Mar. 2026 was 128.79%.

Good Year Lastikleri TAS  (IST:GOODY) 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.

Good Year Lastikleri TAS ROCE % Related Terms

Good Year Lastikleri TAS ROCE % Historical Data

* Premium members only.

The historical data trend for Good Year Lastikleri TAS'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.

Good Year Lastikleri TAS ROCE % Chart

Good Year Lastikleri TAS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.17 2.14 7.26 21.62 -7.32

Good Year Lastikleri TAS 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 79.80 -15.32 -37.28 -76.80 128.79
IST:GOODY
69GF Score
Good Year Lastikleri TAS IST:GOODY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Year Lastikleri TAS ROCE % Calculation

Good Year Lastikleri TAS'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 )
=-316.505/( ( (17002.444 - 11331.591) + (16166.97 - 13187.076) )/ 2 )
=-316.505/( (5670.853+2979.894)/ 2 )
=-316.505/4325.3735
=-7.32 %

Good Year Lastikleri TAS'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 )
=4054.872/( ( (16166.97 - 13187.076) + (17772.75 - 14455.675) )/ 2 )
=4054.872/( ( 2979.894 + 3317.075 )/ 2 )
=4054.872/3148.4845
=128.79 %

(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 128.79% mean?
Good Year Lastikleri TAS (IST:GOODY) has a ROCE % of 128.79% as of Mar. 2026.
Is Good Year Lastikleri TAS's ROCE % too high?
Good Year Lastikleri TAS's current ROCE % is 128.79%. The Vehicles & Parts industry median ROCE % is 7.94. Good Year Lastikleri TAS's value of 128.79% is 1522% above this industry median. Overall, Good Year Lastikleri TAS has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Year Lastikleri TAS's ROCE % compare to ORLY and AZO?
Good Year Lastikleri TAS's ROCE % of 128.79% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Good Year Lastikleri TAS's value of 128.79% is 1522% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. Good Year Lastikleri TAS's current ROCE % of 128.79% is 1522% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Year Lastikleri TAS's current ROCE % is 128.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Year Lastikleri TAS stock overvalued right now?
Based on GuruFocus' analysis, Good Year Lastikleri TAS (IST:GOODY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺17.09, compared to a current price of ₺22.10 — trading 29.3% above its estimated fair value. The current ROCE % is 128.79% and 1522% above the Vehicles & Parts industry median of 7.94. Good Year Lastikleri TAS's overall GF Score™ is 69/100 with 12 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 Good Year Lastikleri TAS (IST:GOODY), the current ROCE % is 128.79% 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 Good Year Lastikleri TAS (IST:GOODY) Overvalued in 2026?

Based on GuruFocus' analysis, Good Year Lastikleri TAS stock appears to be overvalued. The current stock price of ₺22.10 is trading 29.3% above its estimated GF Value™ of ₺17.09. GuruFocus considers Good Year Lastikleri TAS to be Modestly Overvalued.

Key valuation signals for IST:GOODY:

  • ROCE %: 128.79%
  • GF Value™: ₺17.09 vs. price of ₺22.10 (29.3% above fair value)
  • GF Score™: 69/100 with 12 warning signs
  • Industry Position: 1522% above the Vehicles & Parts median

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

Good Year Lastikleri TAS Business Description

Address Buyukdere Street, Maslak Square, Maslak Business Center No: 37 Floor: 3 -4, Maslak, Istanbul, TUR
Good Year Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. Its products include summer, winter, and four-season tires for all types of vehicles that are used in cars, pickup trucks, vans, trucks, and buses. It also offers outer tires of radial and conventional heavy equipment; and various inner tubes and flaps. Geographically, the company caters its services in domestic and foreign markets.
69GF Score

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

₺22.10
Price
₺17.09
GF Value