Good Year Lastikleri TAS (IST:GOODY) ROE %: 22.30% (As of Mar. 2026) — 76% Above Median


IST:GOODY Good Year Lastikleri TAS IST:GOODY
68 GF Score
Price ₺19.89
GF Value ₺17.10
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Good Year Lastikleri TAS ROE %?

Good Year Lastikleri TAS IST:GOODY -10.00% 68 ROE % is 22.30% as of Mar. 2026, which is 76% above its 10-year median of 12.69. GuruFocus rates IST:GOODY with a GF Score™ of 68/100 and a GF Value™ of ₺17.10 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Good Year Lastikleri TAS ranks worse than 97.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Good Year Lastikleri TAS's annualized net income for the quarter that ended in Mar. 2026 was ₺482 Mil. Good Year Lastikleri TAS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺2,163 Mil. Therefore, Good Year Lastikleri TAS's annualized ROE % for the quarter that ended in Mar. 2026 was 22.30%.

The historical rank and industry rank for Good Year Lastikleri TAS's ROE % or its related term are showing as below:

IST:GOODY' s ROE % Range Over the Past 10 Years
Min: -95.46   Med: 12.69   Max: 34.61
Current: -95.46

During the past 13 years, Good Year Lastikleri TAS's highest ROE % was 34.61%. The lowest was -95.46%. And the median was 12.69%.

IST:GOODY's ROE % is ranked worse than
97.48% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs IST:GOODY: -95.46

Good Year Lastikleri TAS  (IST:GOODY) 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
=482.416/2163.297
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(482.416 / 30366.84)*(30366.84 / 16969.86)*(16969.86 / 2163.297)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.59 %*1.7895*7.8444
=ROA %*Equity Multiplier
=2.85 %*7.8444
=22.30 %

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
=482.416/2163.297
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (482.416 / 248.168) * (248.168 / 289.416) * (289.416 / 30366.84) * (30366.84 / 16969.86) * (16969.86 / 2163.297)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.9439 * 0.8575 * 0.95 % * 1.7895 * 7.8444
=22.30 %

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.


Good Year Lastikleri TAS ROE % Related Terms


Good Year Lastikleri TAS ROE % Historical Data

* Premium members only.

The historical data trend for Good Year Lastikleri TAS'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.

Good Year Lastikleri TAS ROE % Chart

Good Year Lastikleri TAS 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 31.02 -31.78 -16.40 -25.12 -86.70

Good Year Lastikleri TAS 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 15.41 -56.27 -129.56 -218.27 22.30

IST:GOODY vs ORLY, AZO, BWA: ROE % Comparison

For the Auto Parts subindustry, Good Year Lastikleri TAS'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.


Good Year Lastikleri TAS ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Good Year Lastikleri TAS's ROE % distribution charts can be found below:

* The bar in red indicates where Good Year Lastikleri TAS's ROE % falls into.


IST:GOODY
68GF Score
Good Year Lastikleri TAS IST:GOODY
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Year Lastikleri TAS ROE % Calculation

Good Year Lastikleri TAS'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 )
=-2972.589/( (4855.273+2002.248)/ 2 )
=-2972.589/3428.7605
=-86.70 %

Good Year Lastikleri TAS'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 )
=482.416/( (2002.248+2324.346)/ 2 )
=482.416/2163.297
=22.30 %

* 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 22.30% mean?
Good Year Lastikleri TAS (IST:GOODY) has a ROE % of 22.30% 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 Good Year Lastikleri TAS and its competitors. This is 76% above median its historical median of 12.69. According to the industry distribution chart, Good Year Lastikleri TAS ranks #1275 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 97.5%.
Is Good Year Lastikleri TAS's ROE % too high?
Good Year Lastikleri TAS's current ROE % of 22.30% is 76% above median its 10-year median of 12.69. The Vehicles & Parts industry median ROE % is 6.62. Good Year Lastikleri TAS's value of 22.30% is 236.9% above this industry median. Based on the distribution chart, Good Year Lastikleri TAS ranks #1275 out of 1308 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Good Year Lastikleri TAS has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Year Lastikleri TAS's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Good Year Lastikleri TAS ranks #1275 out of 1308 companies for ROE %. This places Good Year Lastikleri TAS in the lower half of its industry. The industry median ROE % is 6.62. Good Year Lastikleri TAS's value of 22.30% is 236.9% above this benchmark. While the company's 10-year median is 12.69 vs. the industry median of 6.62, Good Year Lastikleri TAS 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. Good Year Lastikleri TAS's current ROE % of 22.30% is 236.9% 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 Good Year Lastikleri TAS and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Year Lastikleri TAS's current ROE % is 22.30%, which is 76% above median its own 10-year median of 12.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Year Lastikleri TAS stock overvalued right now?
Based on GuruFocus' analysis, Good Year Lastikleri TAS (IST:GOODY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺17.10, compared to a current price of ₺19.89 — trading 16.3% above its estimated fair value. The current ROE % is 22.30%, which is 76% above median its 10-year median of 12.69 and 236.9% above the Vehicles & Parts industry median of 6.62. Good Year Lastikleri TAS's overall GF Score™ is 68/100 with 12 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 Good Year Lastikleri TAS (IST:GOODY), the current ROE % is 22.30% 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 Good Year Lastikleri TAS (IST:GOODY) Overvalued in 2026?

Based on GuruFocus' analysis, Good Year Lastikleri TAS stock appears to be overvalued. The current stock price of ₺19.89 is trading 16.3% above its estimated GF Value™ of ₺17.10. GuruFocus considers Good Year Lastikleri TAS to be Modestly Overvalued.

Key valuation signals for IST:GOODY:

  • ROE %: 22.30% (76% above median its 10-year median of 12.69)
  • GF Value™: ₺17.10 vs. price of ₺19.89 (16.3% above fair value)
  • GF Score™: 68/100 with 12 warning signs
  • Industry Position: 236.9% above the Vehicles & Parts median (#1275 of 1308)

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


Good Year Lastikleri TAS Business Description

Address Buyukdere Street, Maslak Square, Maslak Business Center No: 37 Floor: 3 -4, Maslak, Istanbul, TUR
Good Year Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. Its products include summer, winter, and four-season tires for all types of vehicles that are used in cars, pickup trucks, vans, trucks, and buses. It also offers outer tires of radial and conventional heavy equipment; and various inner tubes and flaps. Geographically, the company caters its services in domestic and foreign markets.
68GF Score

Get the complete analysis for IST:GOODY

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

₺19.89
Price
₺17.10
GF Value