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Arsan Holding ASIST:ARSAN +9.88%51 ROE % is 18.60% as of Mar. 2026, which is 45% above its 10-year median of 12.81. GuruFocus rates IST:ARSAN with a GF Score™ of 51/100 and a GF Value™ of ₺2.91 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,744 Construction companies, Arsan Holding AS ranks worse than 77.06% on this metric.
The historical rank and industry rank for Arsan Holding AS's ROE % or its related term are showing as below:
IST:ARSAN'
s ROE % Range Over the Past 10 Years
Min: -3.98 Med: 12.81 Max: 40.42
Current: -0.67
During the past 13 years, Arsan Holding AS's highest ROE % was 40.42%. The lowest was -3.98%. And the median was 12.81%.
IST:ARSAN's ROE % is ranked worse than 77.06% of 1744
companies
in the Construction industry
Industry Median: 6.705
vs IST:ARSAN: -0.67
Arsan Holding AS (IST:ARSAN) 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:
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.
Arsan Holding AS ROE % Related Terms
Arsan Holding AS ROE % Historical Data
* Premium members only.
The historical data trend for Arsan Holding 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.
For the Engineering & Construction subindustry, Arsan Holding 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.
Arsan Holding AS ROE % vs Construction Industry
For the Construction industry and Industrials sector, Arsan Holding AS's ROE % distribution charts can be found below:
* The bar in red indicates where Arsan Holding AS's ROE % falls into.
* 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.
Arsan Holding AS (IST:ARSAN) has a ROE % of 18.60% 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 Arsan Holding AS and its competitors. This is 45% above median its historical median of 12.81. According to the industry distribution chart, Arsan Holding AS ranks #1344 out of 1744 companies in the Construction industry, placing it in the top 77.1%.
Is Arsan Holding AS's ROE % too high?
Arsan Holding AS's current ROE % of 18.60% is 45% above median its 10-year median of 12.81. The Construction industry median ROE % is 6.71. Arsan Holding AS's value of 18.60% is 177.4% above this industry median. Based on the distribution chart, Arsan Holding AS ranks #1344 out of 1744 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Arsan Holding AS has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arsan Holding AS's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Arsan Holding AS ranks #1344 out of 1744 companies for ROE %. This places Arsan Holding AS in the lower half of its industry. The industry median ROE % is 6.71. Arsan Holding AS's value of 18.60% is 177.4% above this benchmark. While the company's 10-year median is 12.81 vs. the industry median of 6.71, Arsan Holding 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 Construction company?
The median ROE % among Construction companies is 6.71, based on 1,744 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. Arsan Holding AS's current ROE % of 18.60% is 177.4% 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 Arsan Holding AS and its competitors. For the Construction industry, the median ROE % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arsan Holding AS's current ROE % is 18.60%, which is 45% above median its own 10-year median of 12.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arsan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Arsan Holding AS (IST:ARSAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺2.91, compared to a current price of ₺3.56 — trading 22.3% above its estimated fair value. The current ROE % is 18.60%, which is 45% above median its 10-year median of 12.81 and 177.4% above the Construction industry median of 6.71. Arsan Holding AS's overall GF Score™ is 51/100 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 Arsan Holding AS (IST:ARSAN), the current ROE % is 18.60% 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 Arsan Holding AS (IST:ARSAN) Overvalued in 2026?
Based on GuruFocus' analysis, Arsan Holding AS stock appears to be overvalued.
The current stock price of ₺3.56 is trading 22.3% above its estimated GF Value™ of ₺2.91.
GuruFocus considers Arsan Holding AS to be Modestly Overvalued.
Key valuation signals for IST:ARSAN:
ROE %: 18.60% (45% above median its 10-year median of 12.81)
GF Value™: ₺2.91 vs. price of ₺3.56 (22.3% above fair value)
Industry Position: 177.4% above the Construction median (#1344 of 1744)
No single metric tells the full story. See the IST:ARSAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arsan Holding AS is a Turkey-based company involved in the Investment of infrastructure construction (water systems, dams, treatment plants), iron-steel production, energy generation (hydropower), natural gas distribution, and other industrial investments.
51GF Score
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