Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) ROE %: 10.83% (As of Mar. 2026) — 30% Below Median


IST:HTTBT Hitit Bilgisayar Hizmetleri AS IST:HTTBT
85 GF Score
Price ₺40.10
GF Value ₺83.18
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Hitit Bilgisayar Hizmetleri AS ROE %?

Hitit Bilgisayar Hizmetleri AS IST:HTTBT -1.47% 85 ROE % is 10.83% as of Mar. 2026, which is 30% below its 10-year median of 15.39. GuruFocus rates IST:HTTBT with a GF Score™ of 85/100 and a GF Value™ of ₺83.18 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,682 Software companies, Hitit Bilgisayar Hizmetleri AS ranks better than 73.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hitit Bilgisayar Hizmetleri AS's annualized net income for the quarter that ended in Mar. 2026 was ₺332 Mil. Hitit Bilgisayar Hizmetleri AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺3,064 Mil. Therefore, Hitit Bilgisayar Hizmetleri AS's annualized ROE % for the quarter that ended in Mar. 2026 was 10.83%.

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

IST:HTTBT' s ROE % Range Over the Past 10 Years
Min: 10.32   Med: 15.39   Max: 46.44
Current: 14.75

During the past 8 years, Hitit Bilgisayar Hizmetleri AS's highest ROE % was 46.44%. The lowest was 10.32%. And the median was 15.39%.

IST:HTTBT's ROE % is ranked better than
73.53% of 2682 companies
in the Software industry
Industry Median: 4.72 vs IST:HTTBT: 14.75

Hitit Bilgisayar Hizmetleri AS  (IST:HTTBT) 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
=331.716/3063.9035
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(331.716 / 1979.3)*(1979.3 / 3703.7355)*(3703.7355 / 3063.9035)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.76 %*0.5344*1.2088
=ROA %*Equity Multiplier
=8.96 %*1.2088
=10.83 %

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
=331.716/3063.9035
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (331.716 / 335.792) * (335.792 / 303.248) * (303.248 / 1979.3) * (1979.3 / 3703.7355) * (3703.7355 / 3063.9035)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9879 * 1.1073 * 15.32 % * 0.5344 * 1.2088
=10.83 %

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.


Hitit Bilgisayar Hizmetleri AS ROE % Related Terms


Hitit Bilgisayar Hizmetleri AS ROE % Historical Data

* Premium members only.

The historical data trend for Hitit Bilgisayar Hizmetleri 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.

Hitit Bilgisayar Hizmetleri AS ROE % Chart

Hitit Bilgisayar Hizmetleri AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 11.87 10.32 11.18 15.42 15.36

Hitit Bilgisayar Hizmetleri 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 11.93 17.92 16.96 14.13 10.83

IST:HTTBT vs CRM, SHOP, UBER: ROE % Comparison

For the Software - Application subindustry, Hitit Bilgisayar Hizmetleri 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.


Hitit Bilgisayar Hizmetleri AS ROE % vs Software Industry

For the Software industry and Technology sector, Hitit Bilgisayar Hizmetleri AS's ROE % distribution charts can be found below:

* The bar in red indicates where Hitit Bilgisayar Hizmetleri AS's ROE % falls into.


IST:HTTBT
85GF Score
Hitit Bilgisayar Hizmetleri AS IST:HTTBT
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hitit Bilgisayar Hizmetleri AS ROE % Calculation

Hitit Bilgisayar Hizmetleri 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 )
=388.879/( (2094.766+2967.941)/ 2 )
=388.879/2531.3535
=15.36 %

Hitit Bilgisayar Hizmetleri 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 )
=331.716/( (2967.941+3159.866)/ 2 )
=331.716/3063.9035
=10.83 %

* 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 10.83% mean?
Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) has a ROE % of 10.83% 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 Hitit Bilgisayar Hizmetleri AS and its competitors. This is 30% below median its historical median of 15.39. Over the past decade, Hitit Bilgisayar Hizmetleri AS's ROE % has ranged from 10.32 to 46.44. According to the industry distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #710 out of 2682 companies in the Software industry, placing it in the top 26.5%.
Is Hitit Bilgisayar Hizmetleri AS's ROE % too high?
Hitit Bilgisayar Hizmetleri AS's current ROE % of 10.83% is 30% below median its 10-year median of 15.39. Over the past 10 years, this metric has ranged from a low of 10.32 to a high of 46.44. The Software industry median ROE % is 4.72. Hitit Bilgisayar Hizmetleri AS's value of 10.83% is 129.4% above this industry median. Based on the distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #710 out of 2682 companies in the Software industry, which is above the industry midpoint. Overall, Hitit Bilgisayar Hizmetleri AS has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hitit Bilgisayar Hizmetleri AS's ROE % compare to CRM and SHOP?
According to the Software industry distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #710 out of 2682 companies for ROE %. This puts Hitit Bilgisayar Hizmetleri AS in the upper half of its industry. The industry median ROE % is 4.72. Hitit Bilgisayar Hizmetleri AS's value of 10.83% is 129.4% above this benchmark. Historically, Hitit Bilgisayar Hizmetleri AS's own ROE % has ranged from 10.32 to 46.44 over the past decade. While the company's 10-year median is 15.39 vs. the industry median of 4.72, Hitit Bilgisayar Hizmetleri 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 4.72, based on 2,682 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. Hitit Bilgisayar Hizmetleri AS's current ROE % of 10.83% is 129.4% 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 Hitit Bilgisayar Hizmetleri AS and its competitors. For the Software industry, the median ROE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hitit Bilgisayar Hizmetleri AS's current ROE % is 10.83%, which is 30% below median its own 10-year median of 15.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitit Bilgisayar Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺83.18, compared to a current price of ₺40.10 — trading 51.8% below its estimated fair value. The current ROE % is 10.83%, which is 30% below median its 10-year median of 15.39 and 129.4% above the Software industry median of 4.72. Hitit Bilgisayar Hizmetleri AS's overall GF Score™ is 85/100 with 3 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT), the current ROE % is 10.83% 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Overvalued in 2026?

Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS stock appears to be undervalued. The current stock price of ₺40.10 is trading 51.8% below its estimated GF Value™ of ₺83.18. GuruFocus considers Hitit Bilgisayar Hizmetleri AS to be Significantly Undervalued.

Key valuation signals for IST:HTTBT:

  • ROE %: 10.83% (30% below median its 10-year median of 15.39)
  • GF Value™: ₺83.18 vs. price of ₺40.10 (51.8% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 129.4% above the Software median (#710 of 2682)

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


Hitit Bilgisayar Hizmetleri AS Business Description

Address Resitpasa Mah. Katar Cad. No: 4/1 Ari, Teknokent 2 Ic Kapi No: 601 34469, Maslak, Istanbul, TUR
Hitit Bilgisayar Hizmetleri AS develops software solutions for airlines, travel companies and airports, carry operations to provide these as a service, to host and to sell. The company operates in a single reporting unit that develop software solutions for the travel industry, especially for airlines, tour operators and airports, providing them as a service, additional development, maintenance and operating activities.
85GF Score

Get the complete analysis for IST:HTTBT

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

₺40.10
Price
₺83.18
GF Value