VBT Yazilim AS (IST:VBTYZ) ROCE %: 28.63% (As of Mar. 2026)


IST:VBTYZ VBT Yazilim AS IST:VBTYZ
83 GF Score
Price ₺28.60
GF Value ₺23.29
Valuation Modestly Overvalued
! 6 Warning Signs
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What is VBT Yazilim AS ROCE %?

VBT Yazilim AS IST:VBTYZ 83 ROCE % is 28.63% as of Mar. 2026. GuruFocus rates IST:VBTYZ with a GF Score™ of 83/100 and a GF Value™ of ₺23.29 (Modestly Overvalued). 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. VBT Yazilim AS's annualized ROCE % for the quarter that ended in Mar. 2026 was 28.63%.

VBT Yazilim AS  (IST:VBTYZ) 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.

VBT Yazilim AS ROCE % Related Terms

VBT Yazilim AS ROCE % Historical Data

* Premium members only.

The historical data trend for VBT 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.

VBT Yazilim AS ROCE % Chart

VBT Yazilim AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 41.12 12.78 28.73 5.74 19.58

VBT 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 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 33.86 -5.12 1.61 56.49 28.63
IST:VBTYZ
83GF Score
VBT Yazilim AS IST:VBTYZ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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VBT Yazilim AS ROCE % Calculation

VBT 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 )
=319.943/( ( (2505.088 - 745.655) + (2491.695 - 982.923) )/ 2 )
=319.943/( (1759.433+1508.772)/ 2 )
=319.943/1634.1025
=19.58 %

VBT 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 )
=448.544/( ( (2491.695 - 982.923) + (2437.318 - 812.34) )/ 2 )
=448.544/( ( 1508.772 + 1624.978 )/ 2 )
=448.544/1566.875
=28.63 %

(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 28.63% mean?
VBT Yazilim AS (IST:VBTYZ) has a ROCE % of 28.63% as of Mar. 2026.
Is VBT Yazilim AS's ROCE % too high?
VBT Yazilim AS's current ROCE % is 28.63%. The Software industry median ROCE % is 5.28. VBT Yazilim AS's value of 28.63% is 442.2% above this industry median. Overall, VBT Yazilim AS has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VBT Yazilim AS's ROCE % compare to IBM and ACN?
VBT Yazilim AS's ROCE % of 28.63% can be compared against companies in the Software industry. The industry median ROCE % is 5.28. VBT Yazilim AS's value of 28.63% is 442.2% 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 5.28, 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. VBT Yazilim AS's current ROCE % of 28.63% is 442.2% 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 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VBT Yazilim AS's current ROCE % is 28.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBT Yazilim AS stock overvalued right now?
Based on GuruFocus' analysis, VBT Yazilim AS (IST:VBTYZ) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺23.29, compared to a current price of ₺28.60 — trading 22.8% above its estimated fair value. The current ROCE % is 28.63% and 442.2% above the Software industry median of 5.28. VBT Yazilim AS's overall GF Score™ is 83/100 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 VBT Yazilim AS (IST:VBTYZ), the current ROCE % is 28.63% 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 VBT Yazilim AS (IST:VBTYZ) Overvalued in 2026?

Based on GuruFocus' analysis, VBT Yazilim AS stock appears to be overvalued. The current stock price of ₺28.60 is trading 22.8% above its estimated GF Value™ of ₺23.29. GuruFocus considers VBT Yazilim AS to be Modestly Overvalued.

Key valuation signals for IST:VBTYZ:

  • ROCE %: 28.63%
  • GF Value™: ₺23.29 vs. price of ₺28.60 (22.8% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 442.2% above the Software median

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

VBT Yazilim AS Business Description

Address Icerenkoy Mh. Umut Sk. No:10-12, AND Plaza, K:13 D:57-60, Atasehir, Istanbul, TUR, 34752
VBT Yazilim AS is an information technology company. Its products include E-Transformation Applications, Energy and Utility Applications, Public Applications, Commercial Applications, Application Modernization, BMC Software, IBM, MICRO FOCUS, Jennifer. Its services include Outsource, Training, Consultancy Services, and Modernization.
83GF Score

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

₺28.60
Price
₺23.29
GF Value