Kordsa Teknik Tekstil AS (IST:KORDS) ROCE %: 9.66% (As of Mar. 2026)


IST:KORDS Kordsa Teknik Tekstil AS IST:KORDS
73 GF Score
Price ₺73.00
GF Value ₺88.31
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Kordsa Teknik Tekstil AS ROCE %?

Kordsa Teknik Tekstil AS IST:KORDS +0.34% 73 ROCE % is 9.66% as of Mar. 2026. GuruFocus rates IST:KORDS with a GF Score™ of 73/100 and a GF Value™ of ₺88.31 (Modestly Undervalued). The stock has 6 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. Kordsa Teknik Tekstil AS's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.66%.

Kordsa Teknik Tekstil AS  (IST:KORDS) 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.

Kordsa Teknik Tekstil AS ROCE % Related Terms

Kordsa Teknik Tekstil AS ROCE % Historical Data

* Premium members only.

The historical data trend for Kordsa Teknik Tekstil 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.

Kordsa Teknik Tekstil AS ROCE % Chart

Kordsa Teknik Tekstil AS 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 16.28 16.76 7.36 3.21 2.32

Kordsa Teknik Tekstil AS 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 3.97 6.90 4.94 -5.21 9.66
IST:KORDS
73GF Score
Kordsa Teknik Tekstil AS IST:KORDS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kordsa Teknik Tekstil AS ROCE % Calculation

Kordsa Teknik Tekstil 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 )
=688.939/( ( (43806.772 - 19305.308) + (50293.155 - 15369.394) )/ 2 )
=688.939/( (24501.464+34923.761)/ 2 )
=688.939/29712.6125
=2.32 %

Kordsa Teknik Tekstil 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 )
=3332.112/( ( (50293.155 - 15369.394) + (51995.524 - 17949.897) )/ 2 )
=3332.112/( ( 34923.761 + 34045.627 )/ 2 )
=3332.112/34484.694
=9.66 %

(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 9.66% mean?
Kordsa Teknik Tekstil AS (IST:KORDS) has a ROCE % of 9.66% as of Mar. 2026.
Is Kordsa Teknik Tekstil AS's ROCE % too high?
Kordsa Teknik Tekstil AS's current ROCE % is 9.66%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Kordsa Teknik Tekstil AS's value of 9.66% is 57.3% above this industry median. Overall, Kordsa Teknik Tekstil AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kordsa Teknik Tekstil AS's ROCE % compare to competitors?
Kordsa Teknik Tekstil AS's ROCE % of 9.66% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Kordsa Teknik Tekstil AS's value of 9.66% is 57.3% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,041 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. Kordsa Teknik Tekstil AS's current ROCE % of 9.66% is 57.3% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kordsa Teknik Tekstil AS's current ROCE % is 9.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kordsa Teknik Tekstil AS stock overvalued right now?
Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS (IST:KORDS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺88.31, compared to a current price of ₺73.00 — trading 17.3% below its estimated fair value. The current ROCE % is 9.66% and 57.3% above the Manufacturing - Apparel & Accessories industry median of 6.14. Kordsa Teknik Tekstil AS's overall GF Score™ is 73/100 with 6 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 Kordsa Teknik Tekstil AS (IST:KORDS), the current ROCE % is 9.66% 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 Kordsa Teknik Tekstil AS (IST:KORDS) Overvalued in 2026?

Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS stock appears to be undervalued. The current stock price of ₺73.00 is trading 17.3% below its estimated GF Value™ of ₺88.31. GuruFocus considers Kordsa Teknik Tekstil AS to be Modestly Undervalued.

Key valuation signals for IST:KORDS:

  • ROCE %: 9.66%
  • GF Value™: ₺88.31 vs. price of ₺73.00 (17.3% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 57.3% above the Manufacturing - Apparel & Accessories median

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

Kordsa Teknik Tekstil AS Business Description

Address Alikahya Fatih Mahallesi Sanayici Caddesi No. 90, Izmit, Kocaeli, TUR, 41310
Kordsa Teknik Tekstil AS is mainly engaged in the production of carcass and industrial fabrics used in vehicle tires; manufacture of industrial fabrics used in rubber and plastic materials such as transmission belts, V belts and rubber hoses; production of heavy denier fibre and connection fabrics; conversion of yarn into cord fabric, fabric for mechanical rubber goods and other rubber reinforcement materials and the marketing thereof; and production of Nylon 6, Nylon 6.6, PET (Polyethyleneterephthalate) HMLS polyester, and rayon heavy decitex yarn for use in tires and mechanical rubber goods. The Company operates in Europe, the Middle East and Africa, North America, South America and Asia.
73GF Score

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

₺73.00
Price
₺88.31
GF Value