ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) ROE %: 23.56% (As of Mar. 2026) — 40% Below Median


IST:ARDYZ ARD Grup Bilisim Teknolojileri AS IST:ARDYZ
91 GF Score
Price ₺56.45
GF Value ₺58.84
Valuation Fairly Valued
! 5 Warning Signs
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What is ARD Grup Bilisim Teknolojileri AS ROE %?

ARD Grup Bilisim Teknolojileri AS IST:ARDYZ +3.11% 91 ROE % is 23.56% as of Mar. 2026, which is 40% below its 10-year median of 39.51. GuruFocus rates IST:ARDYZ with a GF Score™ of 91/100 and a GF Value™ of ₺58.84 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,679 Software companies, ARD Grup Bilisim Teknolojileri AS ranks better than 78.69% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ARD Grup Bilisim Teknolojileri AS's annualized net income for the quarter that ended in Mar. 2026 was ₺1,287 Mil. ARD Grup Bilisim Teknolojileri AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺5,464 Mil. Therefore, ARD Grup Bilisim Teknolojileri AS's annualized ROE % for the quarter that ended in Mar. 2026 was 23.56%.

The historical rank and industry rank for ARD Grup Bilisim Teknolojileri AS's ROE % or its related term are showing as below:

IST:ARDYZ' s ROE % Range Over the Past 10 Years
Min: 12.35   Med: 39.51   Max: 73.13
Current: 17.45

During the past 10 years, ARD Grup Bilisim Teknolojileri AS's highest ROE % was 73.13%. The lowest was 12.35%. And the median was 39.51%.

IST:ARDYZ's ROE % is ranked better than
78.69% of 2679 companies
in the Software industry
Industry Median: 4.68 vs IST:ARDYZ: 17.45

ARD Grup Bilisim Teknolojileri AS  (IST:ARDYZ) 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
=1287.408/5464.1965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1287.408 / 8656.412)*(8656.412 / 8600.8605)*(8600.8605 / 5464.1965)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.87 %*1.0065*1.574
=ROA %*Equity Multiplier
=14.97 %*1.574
=23.56 %

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
=1287.408/5464.1965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1287.408 / 1166.848) * (1166.848 / 2478.796) * (2478.796 / 8656.412) * (8656.412 / 8600.8605) * (8600.8605 / 5464.1965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1033 * 0.4707 * 28.64 % * 1.0065 * 1.574
=23.56 %

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.


ARD Grup Bilisim Teknolojileri AS ROE % Related Terms


ARD Grup Bilisim Teknolojileri AS ROE % Historical Data

* Premium members only.

The historical data trend for ARD Grup Bilisim Teknolojileri 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.

ARD Grup Bilisim Teknolojileri AS ROE % Chart

ARD Grup Bilisim Teknolojileri 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 60.72 34.51 32.79 15.75 12.35

ARD Grup Bilisim Teknolojileri 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 15.32 2.14 5.09 32.73 23.56

IST:ARDYZ vs MSFT, ORCL, PLTR: ROE % Comparison

For the Software - Infrastructure subindustry, ARD Grup Bilisim Teknolojileri 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.


ARD Grup Bilisim Teknolojileri AS ROE % vs Software Industry

For the Software industry and Technology sector, ARD Grup Bilisim Teknolojileri AS's ROE % distribution charts can be found below:

* The bar in red indicates where ARD Grup Bilisim Teknolojileri AS's ROE % falls into.


IST:ARDYZ
91GF Score
ARD Grup Bilisim Teknolojileri AS IST:ARDYZ
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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ARD Grup Bilisim Teknolojileri AS ROE % Calculation

ARD Grup Bilisim Teknolojileri 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 )
=541.849/( (3723.671+5049.378)/ 2 )
=541.849/4386.5245
=12.35 %

ARD Grup Bilisim Teknolojileri 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 )
=1287.408/( (5049.378+5879.015)/ 2 )
=1287.408/5464.1965
=23.56 %

* 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 23.56% mean?
ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) has a ROE % of 23.56% 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 ARD Grup Bilisim Teknolojileri AS and its competitors. This is 40% below median its historical median of 39.51. Over the past decade, ARD Grup Bilisim Teknolojileri AS's ROE % has ranged from 12.35 to 73.13. According to the industry distribution chart, ARD Grup Bilisim Teknolojileri AS ranks #571 out of 2679 companies in the Software industry, placing it in the top 21.3%.
Is ARD Grup Bilisim Teknolojileri AS's ROE % too high?
ARD Grup Bilisim Teknolojileri AS's current ROE % of 23.56% is 40% below median its 10-year median of 39.51. Over the past 10 years, this metric has ranged from a low of 12.35 to a high of 73.13. The Software industry median ROE % is 4.68. ARD Grup Bilisim Teknolojileri AS's value of 23.56% is 403.4% above this industry median. Based on the distribution chart, ARD Grup Bilisim Teknolojileri AS ranks #571 out of 2679 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ARD Grup Bilisim Teknolojileri AS has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ARD Grup Bilisim Teknolojileri AS's ROE % compare to MSFT and ORCL?
According to the Software industry distribution chart, ARD Grup Bilisim Teknolojileri AS ranks #571 out of 2679 companies for ROE %. This places ARD Grup Bilisim Teknolojileri AS in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 4.68. ARD Grup Bilisim Teknolojileri AS's value of 23.56% is 403.4% above this benchmark. Historically, ARD Grup Bilisim Teknolojileri AS's own ROE % has ranged from 12.35 to 73.13 over the past decade. While the company's 10-year median is 39.51 vs. the industry median of 4.68, ARD Grup Bilisim Teknolojileri 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 Software company?
The median ROE % among Software companies is 4.68, based on 2,679 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. ARD Grup Bilisim Teknolojileri AS's current ROE % of 23.56% is 403.4% 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 ARD Grup Bilisim Teknolojileri AS and its competitors. For the Software industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ARD Grup Bilisim Teknolojileri AS's current ROE % is 23.56%, which is 40% below median its own 10-year median of 39.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARD Grup Bilisim Teknolojileri AS stock overvalued right now?
Based on GuruFocus' analysis, ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) is currently considered Fairly Valued. The stock's GF Value™ is ₺58.84, compared to a current price of ₺56.45 — trading 4.1% below its estimated fair value. The current ROE % is 23.56%, which is 40% below median its 10-year median of 39.51 and 403.4% above the Software industry median of 4.68. ARD Grup Bilisim Teknolojileri AS's overall GF Score™ is 91/100 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 ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ), the current ROE % is 23.56% 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 ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) Overvalued in 2026?

Based on GuruFocus' analysis, ARD Grup Bilisim Teknolojileri AS stock appears to be undervalued. The current stock price of ₺56.45 is trading 4.1% below its estimated GF Value™ of ₺58.84. GuruFocus considers ARD Grup Bilisim Teknolojileri AS to be Fairly Valued.

Key valuation signals for IST:ARDYZ:

  • ROE %: 23.56% (40% below median its 10-year median of 39.51)
  • GF Value™: ₺58.84 vs. price of ₺56.45 (4.1% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 403.4% above the Software median (#571 of 2679)

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


ARD Grup Bilisim Teknolojileri AS Business Description

Address Hacettepe Unit. Technocity 1. R&D No: 20, Ankara, TUR, 06800
ARD Grup Bilisim Teknolojileri AS is engaged in software development. It offers architecture solutions, software development, enterprise software solutions, cloud solutions, cybersecurity software.
91GF Score

Get the complete analysis for IST:ARDYZ

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

₺56.45
Price
₺58.84
GF Value