Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) ROE %: -28.51% (As of Mar. 2026)


IST:SERNT Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
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What is Seranit Granit Seramiknayi ve Ticaret AS ROE %?

Seranit Granit Seramiknayi ve Ticaret AS IST:SERNT -2.33% 9 ROE % is -28.51% as of Mar. 2026. GuruFocus rates IST:SERNT with a GF Score™ of 9/100. The stock has 8 warning signs investors should review. Among 402 Building Materials companies, Seranit Granit Seramiknayi ve Ticaret AS ranks worse than 94.03% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Seranit Granit Seramiknayi ve Ticaret AS's annualized net income for the quarter that ended in Mar. 2026 was ₺-1,283 Mil. Seranit Granit Seramiknayi ve Ticaret AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺4,500 Mil. Therefore, Seranit Granit Seramiknayi ve Ticaret AS's annualized ROE % for the quarter that ended in Mar. 2026 was -28.51%.

The historical rank and industry rank for Seranit Granit Seramiknayi ve Ticaret AS's ROE % or its related term are showing as below:

IST:SERNT' s ROE % Range Over the Past 10 Years
Min: -37.54   Med: 24.47   Max: 107.4
Current: -30.98

During the past 5 years, Seranit Granit Seramiknayi ve Ticaret AS's highest ROE % was 107.40%. The lowest was -37.54%. And the median was 24.47%.

IST:SERNT's ROE % is ranked worse than
94.03% of 402 companies
in the Building Materials industry
Industry Median: 4.32 vs IST:SERNT: -30.98

Seranit Granit Seramiknayi ve Ticaret AS  (IST:SERNT) 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
=-1282.84/4499.847
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1282.84 / 2562.816)*(2562.816 / 13006.534)*(13006.534 / 4499.847)
=Net Margin %*Asset Turnover*Equity Multiplier
=-50.06 %*0.197*2.8904
=ROA %*Equity Multiplier
=-9.86 %*2.8904
=-28.51 %

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
=-1282.84/4499.847
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1282.84 / -779.236) * (-779.236 / -38.356) * (-38.356 / 2562.816) * (2562.816 / 13006.534) * (13006.534 / 4499.847)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.6463 * 20.3159 * -1.5 % * 0.197 * 2.8904
=-28.51 %

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.


Seranit Granit Seramiknayi ve Ticaret AS ROE % Related Terms


Seranit Granit Seramiknayi ve Ticaret AS ROE % Historical Data

* Premium members only.

The historical data trend for Seranit Granit Seramiknayi 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.

Seranit Granit Seramiknayi ve Ticaret AS ROE % Chart

Seranit Granit Seramiknayi ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
0.00 Negative Equity 107.40 24.47 -37.54

Seranit Granit Seramiknayi ve Ticaret AS Quarterly Data
Dec21 Dec22 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 -58.14 -31.98 -25.94 -37.62 -28.51

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

For the Building Materials subindustry, Seranit Granit Seramiknayi 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.


Seranit Granit Seramiknayi ve Ticaret AS ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Seranit Granit Seramiknayi ve Ticaret AS's ROE % distribution charts can be found below:

* The bar in red indicates where Seranit Granit Seramiknayi ve Ticaret AS's ROE % falls into.


IST:SERNT
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Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
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Seranit Granit Seramiknayi ve Ticaret AS ROE % Calculation

Seranit Granit Seramiknayi 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 )
=-1656.404/( (4385.473+4438.362)/ 2 )
=-1656.404/4411.9175
=-37.54 %

Seranit Granit Seramiknayi 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 )
=-1282.84/( (4438.362+4561.332)/ 2 )
=-1282.84/4499.847
=-28.51 %

* 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 -28.51% mean?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a ROE % of -28.51% 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 Seranit Granit Seramiknayi ve Ticaret AS and its competitors. According to the industry distribution chart, Seranit Granit Seramiknayi ve Ticaret AS ranks #378 out of 402 companies in the Building Materials industry, placing it in the top 94%.
Is Seranit Granit Seramiknayi ve Ticaret AS's ROE % too high?
Seranit Granit Seramiknayi ve Ticaret AS's current ROE % is -28.51%. Based on the distribution chart, Seranit Granit Seramiknayi ve Ticaret AS ranks #378 out of 402 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Seranit Granit Seramiknayi ve Ticaret AS has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Seranit Granit Seramiknayi ve Ticaret AS's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Seranit Granit Seramiknayi ve Ticaret AS ranks #378 out of 402 companies for ROE %. This places Seranit Granit Seramiknayi ve Ticaret AS in the lower half of its industry. The industry median ROE % is 4.32. 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 4.32, based on 402 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. 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 Seranit Granit Seramiknayi ve Ticaret AS and its competitors. For the Building Materials industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seranit Granit Seramiknayi ve Ticaret AS's current ROE % is -28.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seranit Granit Seramiknayi ve Ticaret AS stock overvalued right now?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a current ROE % of -28.51%. The current ROE % is -28.51%. Seranit Granit Seramiknayi ve Ticaret AS's overall GF Score™ is 9/100 with 8 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 Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT), the current ROE % is -28.51% 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.

Seranit Granit Seramiknayi ve Ticaret AS Business Description

Address Huseyin Baykara Sk. No: 1/3, Uskudar, Sultantepe District, Istanbul, TUR
Seranit Granit Seramik Sanayi ve Ticaret AS is engaged in the production, marketing and trade of building materials such as tiles, granite, porcelain and ceramics. The Company provides sales, definition and marketing of the products it produces through dealership agreements it has concluded with its branches.
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