COLZF (Coca Cola Icecek AS) ROE %: 25.87% (As of Mar. 2026) — 41% Above Median


COLZF Coca Cola Icecek AS COLZF
85 GF Score
Price $1.68
GF Value $1.41
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Coca Cola Icecek AS ROE %?

Coca Cola Icecek AS COLZF -1.75% 85 ROE % is 25.87% as of Mar. 2026, which is 41% above its 10-year median of 18.33. GuruFocus rates COLZF with a GF Score™ of 85/100 and a GF Value™ of $1.41 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 111 Beverages - Non-Alcoholic companies, Coca Cola Icecek AS ranks better than 84.68% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Coca Cola Icecek AS's annualized net income for the quarter that ended in Mar. 2026 was $475 Mil. Coca Cola Icecek AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,834 Mil. Therefore, Coca Cola Icecek AS's annualized ROE % for the quarter that ended in Mar. 2026 was 25.87%.

The historical rank and industry rank for Coca Cola Icecek AS's ROE % or its related term are showing as below:

COLZF' s ROE % Range Over the Past 10 Years
Min: -0.72   Med: 18.33   Max: 60.94
Current: 24.77

During the past 13 years, Coca Cola Icecek AS's highest ROE % was 60.94%. The lowest was -0.72%. And the median was 18.33%.

COLZF's ROE % is ranked better than
84.68% of 111 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 11.15 vs COLZF: 24.77

Coca Cola Icecek AS  (OTCPK:COLZF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=474.576/1834.274
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(474.576 / 4745.336)*(4745.336 / 4653.7465)*(4653.7465 / 1834.274)
=Net Margin %*Asset Turnover*Equity Multiplier
=10 %*1.0197*2.5371
=ROA %*Equity Multiplier
=10.2 %*2.5371
=25.87 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=474.576/1834.274
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (474.576 / 754.56) * (754.56 / 589.484) * (589.484 / 4745.336) * (4745.336 / 4653.7465) * (4653.7465 / 1834.274)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6289 * 1.28 * 12.42 % * 1.0197 * 2.5371
=25.87 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Coca Cola Icecek AS ROE % Related Terms


Coca Cola Icecek AS ROE % Historical Data

* Premium members only.

The historical data trend for Coca Cola Icecek AS's ROE % 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.

Coca Cola Icecek AS ROE % Chart

Coca Cola Icecek AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.13 47.23 49.40 28.00 17.42

Coca Cola Icecek AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 10.05 32.53 41.53 0.04 25.87

COLZF vs KO, PEP, MNST: ROE % Comparison

For the Beverages - Non-Alcoholic subindustry, Coca Cola Icecek AS's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coca Cola Icecek AS ROE % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca Cola Icecek AS's ROE % distribution charts can be found below:

* The bar in red indicates where Coca Cola Icecek AS's ROE % falls into.


COLZF
85GF Score
Coca Cola Icecek AS COLZF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Coca Cola Icecek AS ROE % Calculation

Coca Cola Icecek AS's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=329.982/( (2010.296+1778.363)/ 2 )
=329.982/1894.3295
=17.42 %

Coca Cola Icecek AS's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=474.576/( (1778.363+1890.185)/ 2 )
=474.576/1834.274
=25.87 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 25.87% mean?
Coca Cola Icecek AS (COLZF) has a ROE % of 25.87% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Coca Cola Icecek AS and its competitors. This is 41% above median its historical median of 18.33. According to the industry distribution chart, Coca Cola Icecek AS ranks #17 out of 111 companies in the Beverages - Non-Alcoholic industry, placing it in the top 15.3%.
Is Coca Cola Icecek AS's ROE % too high?
Coca Cola Icecek AS's current ROE % of 25.87% is 41% above median its 10-year median of 18.33. The Beverages - Non-Alcoholic industry median ROE % is 11.15. Coca Cola Icecek AS's value of 25.87% is 132% above this industry median. Based on the distribution chart, Coca Cola Icecek AS ranks #17 out of 111 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Coca Cola Icecek AS has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca Cola Icecek AS's ROE % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca Cola Icecek AS ranks #17 out of 111 companies for ROE %. This places Coca Cola Icecek AS in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 11.15. Coca Cola Icecek AS's value of 25.87% is 132% above this benchmark. While the company's 10-year median is 18.33 vs. the industry median of 11.15, Coca Cola Icecek AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Beverages - Non-Alcoholic company?
The median ROE % among Beverages - Non-Alcoholic companies is 11.15, based on 111 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca Cola Icecek AS's current ROE % of 25.87% is 132% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Coca Cola Icecek AS and its competitors. For the Beverages - Non-Alcoholic industry, the median ROE % is 11.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca Cola Icecek AS's current ROE % is 25.87%, which is 41% above median its own 10-year median of 18.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca Cola Icecek AS stock overvalued right now?
Based on GuruFocus' analysis, Coca Cola Icecek AS (COLZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.41, compared to a current price of $1.68 — trading 19.1% above its estimated fair value. The current ROE % is 25.87%, which is 41% above median its 10-year median of 18.33 and 132% above the Beverages - Non-Alcoholic industry median of 11.15. Coca Cola Icecek AS's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Coca Cola Icecek AS (COLZF), the current ROE % is 25.87% 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 Coca Cola Icecek AS (COLZF) Overvalued in 2026?

Based on GuruFocus' analysis, Coca Cola Icecek AS stock appears to be overvalued. The current stock price of $1.68 is trading 19.1% above its estimated GF Value™ of $1.41. GuruFocus considers Coca Cola Icecek AS to be Modestly Overvalued.

Key valuation signals for COLZF:

  • ROE %: 25.87% (41% above median its 10-year median of 18.33)
  • GF Value™: $1.41 vs. price of $1.68 (19.1% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 132% above the Beverages - Non-Alcoholic median (#17 of 111)

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


Coca Cola Icecek AS Business Description

Other Exchanges CCOLA:Turkey
Address Dudullu OSB Mahallesi Deniz Feneri Sokak, No: 4, Umraniye, Istanbul, TUR, 34775
Coca Cola Icecek AS is an exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Bangladesh, Central Asia, the Middle East, and other regions. The brands of the company include Coca-Cola, Fanta, Sprite, Costa Coffee, Crush, Crystal Cola, and others. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey.
85GF Score

Get the complete analysis for COLZF

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

$1.68
Price
$1.41
GF Value