Artemis Hali AS (IST:ARTMS) ROE %: 2.40% (As of Mar. 2026) — 86% Below Median


IST:ARTMS Artemis Hali AS IST:ARTMS
60 GF Score
Price ₺42.00
! 9 Warning Signs
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What is Artemis Hali AS ROE %?

Artemis Hali AS IST:ARTMS +1.20% 60 ROE % is 2.40% as of Mar. 2026, which is 86% below its 10-year median of 16.81. GuruFocus rates IST:ARTMS with a GF Score™ of 60/100. The stock has 9 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Artemis Hali AS ranks better than 66.54% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Artemis Hali AS's annualized net income for the quarter that ended in Mar. 2026 was ₺55.4 Mil. Artemis Hali AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺2,313.0 Mil. Therefore, Artemis Hali AS's annualized ROE % for the quarter that ended in Mar. 2026 was 2.40%.

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

IST:ARTMS' s ROE % Range Over the Past 10 Years
Min: 1.19   Med: 16.81   Max: 33.04
Current: 8

During the past 6 years, Artemis Hali AS's highest ROE % was 33.04%. The lowest was 1.19%. And the median was 16.81%.

IST:ARTMS's ROE % is ranked better than
66.54% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.13 vs IST:ARTMS: 8.00

Artemis Hali AS  (IST:ARTMS) 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
=55.428/2313.002
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(55.428 / 301.32)*(301.32 / 3183.965)*(3183.965 / 2313.002)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.4 %*0.0946*1.3766
=ROA %*Equity Multiplier
=1.74 %*1.3766
=2.40 %

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
=55.428/2313.002
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (55.428 / 158.584) * (158.584 / -72.088) * (-72.088 / 301.32) * (301.32 / 3183.965) * (3183.965 / 2313.002)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3495 * -2.1999 * -23.92 % * 0.0946 * 1.3766
=2.40 %

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.


Artemis Hali AS ROE % Related Terms


Artemis Hali AS ROE % Historical Data

* Premium members only.

The historical data trend for Artemis Hali 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.

Artemis Hali AS ROE % Chart

Artemis Hali AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 12.41 33.04 1.19 21.60 11.75

Artemis Hali AS Quarterly Data
Dec20 Dec21 Dec22 Mar23 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 20.08 12.64 3.40 14.21 2.40

Artemis Hali AS ROE % Competitor Comparison

For the Textile Manufacturing subindustry, Artemis Hali 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.


Artemis Hali AS ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artemis Hali AS's ROE % distribution charts can be found below:

* The bar in red indicates where Artemis Hali AS's ROE % falls into.


IST:ARTMS
60GF Score
Artemis Hali AS IST:ARTMS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Artemis Hali AS ROE % Calculation

Artemis Hali 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 )
=243.592/( (1949.864+2196.523)/ 2 )
=243.592/2073.1935
=11.75 %

Artemis Hali 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 )
=55.428/( (2196.523+2429.481)/ 2 )
=55.428/2313.002
=2.40 %

* 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 2.40% mean?
Artemis Hali AS (IST:ARTMS) has a ROE % of 2.40% 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 Artemis Hali AS and its competitors. This is 86% below median its historical median of 16.81. Over the past decade, Artemis Hali AS's ROE % has ranged from 1.19 to 33.04. According to the industry distribution chart, Artemis Hali AS ranks #343 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33.5%.
Is Artemis Hali AS's ROE % too high?
Artemis Hali AS's current ROE % of 2.40% is 86% below median its 10-year median of 16.81. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 33.04. The Manufacturing - Apparel & Accessories industry median ROE % is 4.13. Artemis Hali AS's value of 2.40% is 41.9% below this industry median. Based on the distribution chart, Artemis Hali AS ranks #343 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Artemis Hali AS has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Artemis Hali AS's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Artemis Hali AS ranks #343 out of 1025 companies for ROE %. This puts Artemis Hali AS in the upper half of its industry. The industry median ROE % is 4.13. Artemis Hali AS's value of 2.40% is 41.9% below this benchmark. Historically, Artemis Hali AS's own ROE % has ranged from 1.19 to 33.04 over the past decade. While the company's 10-year median is 16.81 vs. the industry median of 4.13, Artemis Hali AS has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.13, based on 1,025 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. Artemis Hali AS's current ROE % of 2.40% is 41.9% 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 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 Artemis Hali AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artemis Hali AS's current ROE % is 2.40%, which is 86% below median its own 10-year median of 16.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artemis Hali AS stock overvalued right now?
Artemis Hali AS (IST:ARTMS) has a current ROE % of 2.40%. The current ROE % is 2.40%, which is 86% below median its 10-year median of 16.81 and 41.9% below the Manufacturing - Apparel & Accessories industry median of 4.13. Artemis Hali AS's overall GF Score™ is 60/100 with 9 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 Artemis Hali AS (IST:ARTMS), the current ROE % is 2.40% 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.

Artemis Hali AS Business Description

Address Balmumcu District Itri Street No:8/1, Turkey, TUR
Artemis Hali AS is a company whose business activity is manufacturing, importing, exporting, buying-selling and marketing all kinds of handmade carpets and machine-made carpets, runners, prayer rugs, rugs, blankets and textile products.
60GF Score

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