TAVHY (TAV Havalimanlari Holding AS) ROCE %: 0.40% (As of Mar. 2026)


TAVHY TAV Havalimanlari Holding AS TAVHY
77 GF Score
Price $23.76
GF Value $32.76
Valuation Modestly Undervalued
! 7 Warning Signs
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What is TAV Havalimanlari Holding AS ROCE %?

TAV Havalimanlari Holding AS TAVHY -1.14% 77 ROCE % is 0.40% as of Mar. 2026. GuruFocus rates TAVHY with a GF Score™ of 77/100 and a GF Value™ of $32.76 (Modestly Undervalued). 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. TAV Havalimanlari Holding AS's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.40%.

TAV Havalimanlari Holding AS  (OTCPK:TAVHY) 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.

TAV Havalimanlari Holding AS ROCE % Related Terms

TAV Havalimanlari Holding AS ROCE % Historical Data

* Premium members only.

The historical data trend for TAV Havalimanlari Holding 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.

TAV Havalimanlari Holding AS ROCE % Chart

TAV Havalimanlari Holding 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 7.67 8.46 12.33 10.15 8.28

TAV Havalimanlari Holding 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 2.27 6.24 20.79 2.04 0.40
TAVHY
77GF Score
TAV Havalimanlari Holding AS TAVHY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TAV Havalimanlari Holding AS ROCE % Calculation

TAV Havalimanlari Holding 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 )
=360.436/( ( (5092.25 - 846.679) + (5870.463 - 1411.302) )/ 2 )
=360.436/( (4245.571+4459.161)/ 2 )
=360.436/4352.366
=8.28 %

TAV Havalimanlari Holding 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 )
=17.772/( ( (5870.463 - 1411.302) + (5589.259 - 1107.501) )/ 2 )
=17.772/( ( 4459.161 + 4481.758 )/ 2 )
=17.772/4470.4595
=0.40 %

(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 0.40% mean?
TAV Havalimanlari Holding AS (TAVHY) has a ROCE % of 0.40% as of Mar. 2026.
Is TAV Havalimanlari Holding AS's ROCE % too high?
TAV Havalimanlari Holding AS's current ROCE % is 0.40%. The Transportation industry median ROCE % is 7.73. TAV Havalimanlari Holding AS's value of 0.40% is 94.8% below this industry median. Overall, TAV Havalimanlari Holding AS has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAV Havalimanlari Holding AS's ROCE % compare to JOBY and CAAP?
TAV Havalimanlari Holding AS's ROCE % of 0.40% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. TAV Havalimanlari Holding AS's value of 0.40% is 94.8% 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 Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 989 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. TAV Havalimanlari Holding AS's current ROCE % of 0.40% is 94.8% 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 Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAV Havalimanlari Holding AS's current ROCE % is 0.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAV Havalimanlari Holding AS stock overvalued right now?
Based on GuruFocus' analysis, TAV Havalimanlari Holding AS (TAVHY) is currently considered Modestly Undervalued. The stock's GF Value™ is $32.76, compared to a current price of $23.76 — trading 27.5% below its estimated fair value. The current ROCE % is 0.40% and 94.8% below the Transportation industry median of 7.73. TAV Havalimanlari Holding AS's overall GF Score™ is 77/100 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 TAV Havalimanlari Holding AS (TAVHY), the current ROCE % is 0.40% 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 TAV Havalimanlari Holding AS (TAVHY) Overvalued in 2026?

Based on GuruFocus' analysis, TAV Havalimanlari Holding AS stock appears to be undervalued. The current stock price of $23.76 is trading 27.5% below its estimated GF Value™ of $32.76. GuruFocus considers TAV Havalimanlari Holding AS to be Modestly Undervalued.

Key valuation signals for TAVHY:

  • ROCE %: 0.40%
  • GF Value™: $32.76 vs. price of $23.76 (27.5% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 94.8% below the Transportation median

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

TAV Havalimanlari Holding AS Business Description

Address Ayazaga Mahallesi, Azerbaycan Caddesi, 2C Blok No:3L/6, Vadistanbul Bulvar, Sariyer, Istanbul, TUR, 34485
TAV Havalimanlari Holding AS constructs, manages, and operates terminal buildings and the operation of terminals or airports. The company organises itself into five segments: Terminal operations, Catering operations, Duty free operations, Ground handling and bus operations, and Other operations. Terminal operations, which contribute approximately half the company's revenue and the majority of profit, operate terminal buildings and car parks. Ground handling, bus operations, and duty-free operations are the next segments. The company is headquartered in Turkey and derives the majority of its revenue domestically.
77GF Score

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

$23.76
Price
$32.76
GF Value