Migros Ticaret AS (IST:MGROS) ROCE %: 32.21% (As of Mar. 2026)


IST:MGROS Migros Ticaret AS IST:MGROS
87 GF Score
Price ₺697.50
GF Value ₺677.38
Valuation Fairly Valued
! 6 Warning Signs
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What is Migros Ticaret AS ROCE %?

Migros Ticaret AS IST:MGROS +0.14% 87 ROCE % is 32.21% as of Mar. 2026. GuruFocus rates IST:MGROS with a GF Score™ of 87/100 and a GF Value™ of ₺677.38 (Fairly Valued). 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. Migros Ticaret AS's annualized ROCE % for the quarter that ended in Mar. 2026 was 32.21%.

Migros Ticaret AS  (IST:MGROS) 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.

Migros Ticaret AS ROCE % Related Terms

Migros Ticaret AS ROCE % Historical Data

* Premium members only.

The historical data trend for Migros Ticaret 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.

Migros Ticaret AS ROCE % Chart

Migros Ticaret 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 46.70 72.44 47.56 43.93 34.12

Migros Ticaret 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 39.46 29.66 48.08 32.37 32.21
IST:MGROS
87GF Score
Migros Ticaret AS IST:MGROS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Migros Ticaret AS ROCE % Calculation

Migros Ticaret 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 )
=36983.772/( ( (196415.076 - 92951.112) + (209583.279 - 96259.374) )/ 2 )
=36983.772/( (103463.964+113323.905)/ 2 )
=36983.772/108393.9345
=34.12 %

Migros Ticaret 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 )
=39227.58/( ( (209583.279 - 96259.374) + (229677.789 - 99419.506) )/ 2 )
=39227.58/( ( 113323.905 + 130258.283 )/ 2 )
=39227.58/121791.094
=32.21 %

(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 32.21% mean?
Migros Ticaret AS (IST:MGROS) has a ROCE % of 32.21% as of Mar. 2026.
Is Migros Ticaret AS's ROCE % too high?
Migros Ticaret AS's current ROCE % is 32.21%. The Retail - Defensive industry median ROCE % is 8.98. Migros Ticaret AS's value of 32.21% is 258.7% above this industry median. Overall, Migros Ticaret AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Migros Ticaret AS's ROCE % compare to KR and SFM?
Migros Ticaret AS's ROCE % of 32.21% can be compared against companies in the Retail - Defensive industry. The industry median ROCE % is 8.98. Migros Ticaret AS's value of 32.21% is 258.7% 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 Retail - Defensive company?
The median ROCE % among Retail - Defensive companies is 8.98, based on 307 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. Migros Ticaret AS's current ROCE % of 32.21% is 258.7% 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 Retail - Defensive industry, the median ROCE % is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migros Ticaret AS's current ROCE % is 32.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migros Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Migros Ticaret AS (IST:MGROS) is currently considered Fairly Valued. The stock's GF Value™ is ₺677.38, compared to a current price of ₺697.50 — trading 3% above its estimated fair value. The current ROCE % is 32.21% and 258.7% above the Retail - Defensive industry median of 8.98. Migros Ticaret AS's overall GF Score™ is 87/100 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 Migros Ticaret AS (IST:MGROS), the current ROCE % is 32.21% 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 Migros Ticaret AS (IST:MGROS) Overvalued in 2026?

Based on GuruFocus' analysis, Migros Ticaret AS stock appears to be overvalued. The current stock price of ₺697.50 is trading 3% above its estimated GF Value™ of ₺677.38. GuruFocus considers Migros Ticaret AS to be Fairly Valued.

Key valuation signals for IST:MGROS:

  • ROCE %: 32.21%
  • GF Value™: ₺677.38 vs. price of ₺697.50 (3% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 258.7% above the Retail - Defensive median

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

Migros Ticaret AS Business Description

Address Ataturk Mahallesi Turgut Ozal Bulvari No 7, Atasehir - Istanbul, TUR, 34758
Migros Ticaret AS is a Turkey-based company that is principally engaged in the retail business. The company also operates in the business lines of online food retailing and ready meals, payment and electronic money services, logistics services, media, shopping center management, and others.
87GF Score

Get the complete analysis for IST:MGROS

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

₺697.50
Price
₺677.38
GF Value