Netcad Yazilim ASIST:NETCD -5.58%30 ROE % is 34.36% as of Dec. 2024, which is 44% above its 10-year median of 23.93. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,681 Software companies, Netcad Yazilim AS ranks better than 91.68% on this metric.
The historical rank and industry rank for Netcad Yazilim AS's ROE % or its related term are showing as below:
IST:NETCD'
s ROE % Range Over the Past 10 Years
Min: 20.8 Med: 23.93 Max: 34.36
Current: 34.36
During the past 3 years, Netcad Yazilim AS's highest ROE % was 34.36%. The lowest was 20.80%. And the median was 23.93%.
IST:NETCD's ROE % is ranked better than 91.68% of 2681
companies
in the Software industry
Industry Median: 4.71
vs IST:NETCD: 34.36
Netcad Yazilim AS (IST:NETCD) 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:
Note:
The net income data used here is one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 2024) 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.
Netcad Yazilim AS ROE % Related Terms
Netcad Yazilim AS ROE % Historical Data
* Premium members only.
The historical data trend for Netcad Yazilim 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.
Netcad Yazilim AS ROE % Chart
Netcad Yazilim AS Annual Data
Trend
Dec22
Dec23
Dec24
ROE %
23.93
20.80
34.36
Netcad Yazilim AS Semi-Annual Data
Dec22
Dec23
Dec24
ROE %
23.93
20.80
34.36
IST:NETCD vs CRM, SHOP, UBER: ROE % Comparison
For the Software - Application subindustry, Netcad Yazilim 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.
Netcad Yazilim AS ROE % vs Software Industry
For the Software industry and Technology sector, Netcad Yazilim AS's ROE % distribution charts can be found below:
* The bar in red indicates where Netcad Yazilim AS's ROE % falls into.
* 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 one times the annual (Dec. 2024) net income data.
ROE % is displayed in the 30-year financial page.
Netcad Yazilim AS (IST:NETCD) has a ROE % of 34.36% as of Dec. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Netcad Yazilim AS and its competitors. This is 44% above median its historical median of 23.93. Over the past decade, Netcad Yazilim AS's ROE % has ranged from 20.80 to 34.36. According to the industry distribution chart, Netcad Yazilim AS ranks #223 out of 2681 companies in the Software industry, placing it in the top 8.3%.
Is Netcad Yazilim AS's ROE % too high?
Netcad Yazilim AS's current ROE % of 34.36% is 44% above median its 10-year median of 23.93. Over the past 10 years, this metric has ranged from a low of 20.80 to a high of 34.36. The Software industry median ROE % is 4.71. Netcad Yazilim AS's value of 34.36% is 629.5% above this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #223 out of 2681 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's ROE % compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #223 out of 2681 companies for ROE %. This places Netcad Yazilim AS in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 4.71. Netcad Yazilim AS's value of 34.36% is 629.5% above this benchmark. Historically, Netcad Yazilim AS's own ROE % has ranged from 20.80 to 34.36 over the past decade. While the company's 10-year median is 23.93 vs. the industry median of 4.71, Netcad Yazilim 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 4.71, based on 2,681 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. Netcad Yazilim AS's current ROE % of 34.36% is 629.5% 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 Netcad Yazilim AS and its competitors. For the Software industry, the median ROE % is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current ROE % is 34.36%, which is 44% above median its own 10-year median of 23.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current ROE % of 34.36%. The current ROE % is 34.36%, which is 44% above median its 10-year median of 23.93 and 629.5% above the Software industry median of 4.71. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 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 Netcad Yazilim AS (IST:NETCD), the current ROE % is 34.36% as of Dec. 2024. 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.
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score
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