Smartiks Yazilim AS (IST:SMART) ROCE %: 0.49% (As of Mar. 2026)

What is Smartiks Yazilim AS ROCE %?

Smartiks Yazilim AS IST:SMART -1.06% 68 ROCE % is 0.49% as of Mar. 2026. GuruFocus rates IST:SMART with a GF Score™ of 68/100 and a GF Value™ of ₺19.48 (Significantly Overvalued). The stock has 7 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. Smartiks Yazilim AS's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.49%.

Smartiks Yazilim AS (IST:SMART) 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.

Smartiks Yazilim AS ROCE % Related Terms

Smartiks Yazilim AS ROCE % Historical Data

* Premium members only.

The historical data trend for Smartiks Yazilim 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.

Smartiks Yazilim AS ROCE % Chart

Smartiks Yazilim AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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6.45

-30.54

27.51

14.56

4.79

Smartiks Yazilim 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															19.66	24.92	12.30	-33.61	0.49

68GF Score

Smartiks Yazilim AS IST:SMART

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Smartiks Yazilim AS ROCE % Calculation

Smartiks Yazilim 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 )
	=	21.34	/	( ( (585.848 - 126.037)	+	(627.636 - 197.176) )	/ 2 )
	=	21.34	/	( (459.811	+	430.46)	/ 2 )
	=	21.34	/	445.1355
	=	4.79 %

Smartiks Yazilim 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 )
	=	2.184	/	( ( (627.636 - 197.176)	+	(757.638 - 296.355) )	/ 2 )
	=	2.184	/	( ( 430.46	+	461.283 )	/ 2 )
	=	2.184	/	445.8715
	=	0.49 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.49% mean?

Smartiks Yazilim AS (IST:SMART) has a ROCE % of 0.49% as of Mar. 2026.

Is Smartiks Yazilim AS's ROCE % too high?

Smartiks Yazilim AS's current ROCE % is 0.49%. The Software industry median ROCE % is 5.27. Smartiks Yazilim AS's value of 0.49% is 90.7% below this industry median. Overall, Smartiks Yazilim AS has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Smartiks Yazilim AS's ROCE % compare to MSFT and ORCL?

Smartiks Yazilim AS's ROCE % of 0.49% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. Smartiks Yazilim AS's value of 0.49% is 90.7% below 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 5.27, based on 2,711 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. Smartiks Yazilim AS's current ROCE % of 0.49% is 90.7% below 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 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartiks Yazilim AS's current ROCE % is 0.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Smartiks Yazilim AS stock overvalued right now?

Based on GuruFocus' analysis, Smartiks Yazilim AS (IST:SMART) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺19.48, compared to a current price of ₺31.88 — trading 63.7% above its estimated fair value. The current ROCE % is 0.49% and 90.7% below the Software industry median of 5.27. Smartiks Yazilim AS's overall GF Score™ is 68/100 with 7 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 Smartiks Yazilim AS (IST:SMART), the current ROCE % is 0.49% 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 Smartiks Yazilim AS (IST:SMART) Overvalued in 2026?

Based on GuruFocus' analysis, Smartiks Yazilim AS stock appears to be overvalued. The current stock price of ₺31.88 is trading 63.7% above its estimated GF Value™ of ₺19.48. GuruFocus considers Smartiks Yazilim AS to be Significantly Overvalued.

Key valuation signals for IST:SMART:

ROCE %: 0.49%
GF Value™: ₺19.48 vs. price of ₺31.88 (63.7% above fair value)
GF Score™: 68/100 with 7 warning signs
Industry Position: 90.7% below the Software median

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

Smartiks Yazilim AS Business Description

Industry Technology Software

Comparable Companies IST:KRONT IST:ATATP MSFT ORCL PLTR PANW CRWD FTNT SNPS HKSE:02513 NET CRWV XYZ XAMS:ADYEN NTAP TWLO MDB VRSN CPAY ZS

Address Eski Londra Asfalti Caddesi No:151/E, D:2 Blok Z06, ifte Havuzlar Mahallesi, YTU Davutpasa Kampusu Teknopark Teknoloji Gelistir, Esenler, Istanbul, TUR

Website https://www.smartiks.com.tr

Smartiks Yazilim AS is engaged in providing effective business solutions, software development and consultancy services. The services are offered to health, insurance, banking and finance, retail, telecom and various other sectors. The consultancy services are grouped under Enterprise Software Development/Consultancy and Technology Solutions Consultancy.

68GF Score

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

₺31.88

Price

₺19.48

GF Value

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