Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES) ROE %: 17.81% (As of Mar. 2026) — 30% Below Median


IST:INDES Indeks Bilgisayar Sistemelri Muhendislik Sanayi Ve Ticaret AS IST:INDES
73 GF Score
Price ₺11.22
GF Value ₺12.25
Valuation Fairly Valued
! 6 Warning Signs
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What is Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ROE %?

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS IST:INDES -0.71% 73 ROE % is 17.81% as of Mar. 2026, which is 30% below its 10-year median of 25.33. GuruFocus rates IST:INDES with a GF Score™ of 73/100 and a GF Value™ of ₺12.25 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,426 Hardware companies, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ranks better than 83.51% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's annualized net income for the quarter that ended in Mar. 2026 was ₺1,278 Mil. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺7,176 Mil. Therefore, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's annualized ROE % for the quarter that ended in Mar. 2026 was 17.81%.

The historical rank and industry rank for Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's ROE % or its related term are showing as below:

IST:INDES' s ROE % Range Over the Past 10 Years
Min: 7.95   Med: 25.33   Max: 60.9
Current: 15.33

During the past 13 years, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's highest ROE % was 60.90%. The lowest was 7.95%. And the median was 25.33%.

IST:INDES's ROE % is ranked better than
83.51% of 2426 companies
in the Hardware industry
Industry Median: 4.59 vs IST:INDES: 15.33

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS  (IST:INDES) 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
=1277.696/7175.8375
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1277.696 / 119538.536)*(119538.536 / 40474.2775)*(40474.2775 / 7175.8375)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.07 %*2.9534*5.6404
=ROA %*Equity Multiplier
=3.16 %*5.6404
=17.81 %

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
=1277.696/7175.8375
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1277.696 / 2420.992) * (2420.992 / 3532.392) * (3532.392 / 119538.536) * (119538.536 / 40474.2775) * (40474.2775 / 7175.8375)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5278 * 0.6854 * 2.96 % * 2.9534 * 5.6404
=17.81 %

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.


Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ROE % Related Terms


Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ROE % Historical Data

* Premium members only.

The historical data trend for Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret 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.

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ROE % Chart

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS 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 53.59 8.02 19.27 7.95 8.08

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret 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 8.40 8.12 23.58 11.43 17.81

IST:INDES vs SNX, ARW, AVT: ROE % Comparison

For the Electronics & Computer Distribution subindustry, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret 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.


Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's ROE % distribution charts can be found below:

* The bar in red indicates where Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's ROE % falls into.


IST:INDES
73GF Score
Indeks Bilgisayar Sistemelri Muhendislik Sanayi Ve Ticaret AS IST:INDES
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ROE % Calculation

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret 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 )
=519.274/( (6166.422+6685.845)/ 2 )
=519.274/6426.1335
=8.08 %

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret 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 )
=1277.696/( (6685.845+7665.83)/ 2 )
=1277.696/7175.8375
=17.81 %

* 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 17.81% mean?
Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES) has a ROE % of 17.81% 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 Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS and its competitors. This is 30% below median its historical median of 25.33. Over the past decade, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's ROE % has ranged from 7.95 to 60.90. According to the industry distribution chart, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ranks #400 out of 2426 companies in the Hardware industry, placing it in the top 16.5%.
Is Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's ROE % too high?
Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's current ROE % of 17.81% is 30% below median its 10-year median of 25.33. Over the past 10 years, this metric has ranged from a low of 7.95 to a high of 60.90. The Hardware industry median ROE % is 4.59. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's value of 17.81% is 288% above this industry median. Based on the distribution chart, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ranks #400 out of 2426 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's ROE % compare to SNX and ARW?
According to the Hardware industry distribution chart, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS ranks #400 out of 2426 companies for ROE %. This places Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 4.59. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's value of 17.81% is 288% above this benchmark. Historically, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's own ROE % has ranged from 7.95 to 60.90 over the past decade. While the company's 10-year median is 25.33 vs. the industry median of 4.59, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret 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 Hardware company?
The median ROE % among Hardware companies is 4.59, based on 2,426 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. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's current ROE % of 17.81% is 288% 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 Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS and its competitors. For the Hardware industry, the median ROE % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's current ROE % is 17.81%, which is 30% below median its own 10-year median of 25.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES) is currently considered Fairly Valued. The stock's GF Value™ is ₺12.25, compared to a current price of ₺11.22 — trading 8.4% below its estimated fair value. The current ROE % is 17.81%, which is 30% below median its 10-year median of 25.33 and 288% above the Hardware industry median of 4.59. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's overall GF Score™ is 73/100 with 6 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 Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES), the current ROE % is 17.81% 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 Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES) Overvalued in 2026?

Based on GuruFocus' analysis, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺11.22 is trading 8.4% below its estimated GF Value™ of ₺12.25. GuruFocus considers Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS to be Fairly Valued.

Key valuation signals for IST:INDES:

  • ROE %: 17.81% (30% below median its 10-year median of 25.33)
  • GF Value™: ₺12.25 vs. price of ₺11.22 (8.4% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 288% above the Hardware median (#400 of 2426)

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


Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS Business Description

Address Ayazaga Mahallesi, Ayazaga Cendere, Caddesi No:13/1 Sisli, Istanbul, TUR, 34396
Indeks Bilgisayar Sistemelri Muhendislik Sanayi Ve Ticaret AS is a Turkey-based company involved in distributing various kinds of IT products to IT firms in Turkey. The product offerings of the company include PC, Notebook, Server, Peripherals, Hard disk, Motherboard, VGA Card and Memory Products among others.
73GF Score

Get the complete analysis for IST:INDES

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

₺11.22
Price
₺12.25
GF Value