Kuzey Boru AS (IST:KBORU) ROE %: 19.21% (As of Mar. 2026) — Near Median


IST:KBORU Kuzey Boru AS IST:KBORU
52 GF Score
Price ₺27.18
! 14 Warning Signs
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What is Kuzey Boru AS ROE %?

Kuzey Boru AS IST:KBORU +4.78% 52 ROE % is 19.21% as of Mar. 2026, which is 5% above its 10-year median of 18.23. GuruFocus rates IST:KBORU with a GF Score™ of 52/100. The stock has 14 warning signs investors should review. Among 404 Building Materials companies, Kuzey Boru AS ranks better than 83.42% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kuzey Boru AS's annualized net income for the quarter that ended in Mar. 2026 was ₺920 Mil. Kuzey Boru AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺4,789 Mil. Therefore, Kuzey Boru AS's annualized ROE % for the quarter that ended in Mar. 2026 was 19.21%.

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

IST:KBORU' s ROE % Range Over the Past 10 Years
Min: 8.46   Med: 18.23   Max: 58
Current: 14.3

During the past 6 years, Kuzey Boru AS's highest ROE % was 58.00%. The lowest was 8.46%. And the median was 18.23%.

IST:KBORU's ROE % is ranked better than
83.42% of 404 companies
in the Building Materials industry
Industry Median: 4.335 vs IST:KBORU: 14.30

Kuzey Boru AS  (IST:KBORU) 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
=919.944/4789.2475
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(919.944 / 8176.376)*(8176.376 / 12474.261)*(12474.261 / 4789.2475)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.25 %*0.6555*2.6046
=ROA %*Equity Multiplier
=7.37 %*2.6046
=19.21 %

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
=919.944/4789.2475
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (919.944 / 2449.284) * (2449.284 / 553.188) * (553.188 / 8176.376) * (8176.376 / 12474.261) * (12474.261 / 4789.2475)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3756 * 4.4276 * 6.77 % * 0.6555 * 2.6046
=19.21 %

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.


Kuzey Boru AS ROE % Related Terms


Kuzey Boru AS ROE % Historical Data

* Premium members only.

The historical data trend for Kuzey Boru 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.

Kuzey Boru AS ROE % Chart

Kuzey Boru AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 8.46 58.00 21.13 26.64 15.32

Kuzey Boru AS Quarterly Data
Dec20 Dec21 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 28.63 35.87 1.40 2.44 19.21

IST:KBORU vs CRH, VMC, MLM: ROE % Comparison

For the Building Materials subindustry, Kuzey Boru 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.


Kuzey Boru AS ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kuzey Boru AS's ROE % distribution charts can be found below:

* The bar in red indicates where Kuzey Boru AS's ROE % falls into.


IST:KBORU
52GF Score
Kuzey Boru AS IST:KBORU
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kuzey Boru AS ROE % Calculation

Kuzey Boru 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 )
=643.593/( (3956.695+4447.172)/ 2 )
=643.593/4201.9335
=15.32 %

Kuzey Boru 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 )
=919.944/( (4447.172+5131.323)/ 2 )
=919.944/4789.2475
=19.21 %

* 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 19.21% mean?
Kuzey Boru AS (IST:KBORU) has a ROE % of 19.21% 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 Kuzey Boru AS and its competitors. This is near median its historical median of 18.23. Over the past decade, Kuzey Boru AS's ROE % has ranged from 8.46 to 58.00. According to the industry distribution chart, Kuzey Boru AS ranks #67 out of 404 companies in the Building Materials industry, placing it in the top 16.6%.
Is Kuzey Boru AS's ROE % too high?
Kuzey Boru AS's current ROE % of 19.21% is near median its 10-year median of 18.23. Over the past 10 years, this metric has ranged from a low of 8.46 to a high of 58.00. The Building Materials industry median ROE % is 4.34. Kuzey Boru AS's value of 19.21% is 343.1% above this industry median. Based on the distribution chart, Kuzey Boru AS ranks #67 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Kuzey Boru AS has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Kuzey Boru AS's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Kuzey Boru AS ranks #67 out of 404 companies for ROE %. This places Kuzey Boru AS in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 4.34. Kuzey Boru AS's value of 19.21% is 343.1% above this benchmark. Historically, Kuzey Boru AS's own ROE % has ranged from 8.46 to 58.00 over the past decade. While the company's 10-year median is 18.23 vs. the industry median of 4.34, Kuzey Boru 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 Building Materials company?
The median ROE % among Building Materials companies is 4.34, based on 404 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. Kuzey Boru AS's current ROE % of 19.21% is 343.1% 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 Kuzey Boru AS and its competitors. For the Building Materials industry, the median ROE % is 4.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuzey Boru AS's current ROE % is 19.21%, which is near median its own 10-year median of 18.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuzey Boru AS stock overvalued right now?
Kuzey Boru AS (IST:KBORU) has a current ROE % of 19.21%. The current ROE % is 19.21%, which is near median its 10-year median of 18.23 and 343.1% above the Building Materials industry median of 4.34. Kuzey Boru AS's overall GF Score™ is 52/100 with 14 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 Kuzey Boru AS (IST:KBORU), the current ROE % is 19.21% 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.

Kuzey Boru AS Business Description

Address Kirimli OSB Mah. Find, Mehmetcik Blv No. 2, Mehmetcik, TUR
Kuzey Boru AS is a company whose main activity is the production of plastic pipes and adding parts, all kinds of steel, drawn pipe, concrete pipe, polyethylene pipe, polypropylene pipe, ductile pipe and its products. It carries out production, import-export and domestic trade.
52GF Score

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