CAN2 Termik AS (IST:CANTE) ROE %: -13.97% (As of Mar. 2026)


IST:CANTE CAN2 Termik AS IST:CANTE
45 GF Score
Price ₺1.40
GF Value ₺0.76
Valuation Significantly Overvalued
! 5 Warning Signs
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What is CAN2 Termik AS ROE %?

CAN2 Termik AS IST:CANTE +0.72% 45 ROE % is -13.97% as of Mar. 2026. GuruFocus rates IST:CANTE with a GF Score™ of 45/100 and a GF Value™ of ₺0.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 433 Utilities - Independent Power Producers companies, CAN2 Termik AS ranks worse than 81.52% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CAN2 Termik AS's annualized net income for the quarter that ended in Mar. 2026 was ₺-4,139 Mil. CAN2 Termik AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺29,621 Mil. Therefore, CAN2 Termik AS's annualized ROE % for the quarter that ended in Mar. 2026 was -13.97%.

The historical rank and industry rank for CAN2 Termik AS's ROE % or its related term are showing as below:

IST:CANTE' s ROE % Range Over the Past 10 Years
Min: -19.27   Med: -5.96   Max: 79.2
Current: -8.3

During the past 9 years, CAN2 Termik AS's highest ROE % was 79.20%. The lowest was -19.27%. And the median was -5.96%.

IST:CANTE's ROE % is ranked worse than
81.52% of 433 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.8 vs IST:CANTE: -8.30

CAN2 Termik AS  (IST:CANTE) 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
=-4139.152/29620.661
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4139.152 / 7444.152)*(7444.152 / 32658.439)*(32658.439 / 29620.661)
=Net Margin %*Asset Turnover*Equity Multiplier
=-55.6 %*0.2279*1.1026
=ROA %*Equity Multiplier
=-12.67 %*1.1026
=-13.97 %

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
=-4139.152/29620.661
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4139.152 / -1182.608) * (-1182.608 / -1111.952) * (-1111.952 / 7444.152) * (7444.152 / 32658.439) * (32658.439 / 29620.661)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 3.5 * 1.0635 * -14.94 % * 0.2279 * 1.1026
=-13.97 %

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.


CAN2 Termik AS ROE % Related Terms


CAN2 Termik AS ROE % Historical Data

* Premium members only.

The historical data trend for CAN2 Termik 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.

CAN2 Termik AS ROE % Chart

CAN2 Termik AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only -10.62 36.13 3.57 -6.01 -5.96

CAN2 Termik 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 -5.55 -23.89 -14.89 18.94 -13.97

IST:CANTE vs CEG, VST, NRG: ROE % Comparison

For the Utilities - Independent Power Producers subindustry, CAN2 Termik 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.


CAN2 Termik AS ROE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CAN2 Termik AS's ROE % distribution charts can be found below:

* The bar in red indicates where CAN2 Termik AS's ROE % falls into.


IST:CANTE
45GF Score
CAN2 Termik AS IST:CANTE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CAN2 Termik AS ROE % Calculation

CAN2 Termik 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 )
=-1708.553/( (29417.3+27934.207)/ 2 )
=-1708.553/28675.7535
=-5.96 %

CAN2 Termik 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 )
=-4139.152/( (27934.207+31307.115)/ 2 )
=-4139.152/29620.661
=-13.97 %

* 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 -13.97% mean?
CAN2 Termik AS (IST:CANTE) has a ROE % of -13.97% 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 CAN2 Termik AS and its competitors. According to the industry distribution chart, CAN2 Termik AS ranks #353 out of 433 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.5%.
Is CAN2 Termik AS's ROE % too high?
CAN2 Termik AS's current ROE % is -13.97%. Based on the distribution chart, CAN2 Termik AS ranks #353 out of 433 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, CAN2 Termik AS has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CAN2 Termik AS's ROE % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CAN2 Termik AS ranks #353 out of 433 companies for ROE %. This places CAN2 Termik AS in the lower half of its industry. The industry median ROE % is 3.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.80, based on 433 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. 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 CAN2 Termik AS and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAN2 Termik AS's current ROE % is -13.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAN2 Termik AS stock overvalued right now?
Based on GuruFocus' analysis, CAN2 Termik AS (IST:CANTE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺0.76, compared to a current price of ₺1.40 — trading 84.2% above its estimated fair value. The current ROE % is -13.97%. CAN2 Termik AS's overall GF Score™ is 45/100 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 CAN2 Termik AS (IST:CANTE), the current ROE % is -13.97% 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 CAN2 Termik AS (IST:CANTE) Overvalued in 2026?

Based on GuruFocus' analysis, CAN2 Termik AS stock appears to be overvalued. The current stock price of ₺1.40 is trading 84.2% above its estimated GF Value™ of ₺0.76. GuruFocus considers CAN2 Termik AS to be Significantly Overvalued.

Key valuation signals for IST:CANTE:

  • ROE %: -13.97%
  • GF Value™: ₺0.76 vs. price of ₺1.40 (84.2% above fair value)
  • GF Score™: 45/100 with 5 warning signs

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


CAN2 Termik AS Business Description

Address Barbaros Mahallesi, Karanfil Sokak, Varyap Meridian Sitesi No:l lD, Villa 4 Bati Atajehir, Istanbul, TUR
CAN2 Termik AS is a company operating in the fields of electrical energy generation, procurement and mining. The Company is engaged in the establishment, commissioning, and leasing of domestic coal-based electrical energy production facilities, production of electrical energy, and the sale of the generated electrical energy and/or capacity to customers.
45GF Score

Get the complete analysis for IST:CANTE

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

₺1.40
Price
₺0.76
GF Value