TGS Dis Ticaret AS (IST:TGSAS) ROE %: 4.29% (As of Mar. 2026) — 80% Below Median


IST:TGSAS TGS Dis Ticaret AS IST:TGSAS
80 GF Score
Price ₺171.80
GF Value ₺80.68
Valuation Significantly Overvalued
! 5 Warning Signs
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What is TGS Dis Ticaret AS ROE %?

TGS Dis Ticaret AS IST:TGSAS -0.64% 80 ROE % is 4.29% as of Mar. 2026, which is 80% below its 10-year median of 21.67. GuruFocus rates IST:TGSAS with a GF Score™ of 80/100 and a GF Value™ of ₺80.68 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 156 Industrial Distribution companies, TGS Dis Ticaret AS ranks better than 88.46% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. TGS Dis Ticaret AS's annualized net income for the quarter that ended in Mar. 2026 was ₺14.7 Mil. TGS Dis Ticaret AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺342.3 Mil. Therefore, TGS Dis Ticaret AS's annualized ROE % for the quarter that ended in Mar. 2026 was 4.29%.

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

IST:TGSAS' s ROE % Range Over the Past 10 Years
Min: 6.23   Med: 21.67   Max: 49.01
Current: 20.83

During the past 13 years, TGS Dis Ticaret AS's highest ROE % was 49.01%. The lowest was 6.23%. And the median was 21.67%.

IST:TGSAS's ROE % is ranked better than
88.46% of 156 companies
in the Industrial Distribution industry
Industry Median: 7.235 vs IST:TGSAS: 20.83

TGS Dis Ticaret AS  (IST:TGSAS) 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
=14.672/342.3185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.672 / 316.428)*(316.428 / 17329.7355)*(17329.7355 / 342.3185)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.64 %*0.0183*50.6246
=ROA %*Equity Multiplier
=0.08 %*50.6246
=4.29 %

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
=14.672/342.3185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14.672 / -0.768) * (-0.768 / 176.256) * (176.256 / 316.428) * (316.428 / 17329.7355) * (17329.7355 / 342.3185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -19.1042 * -0.0044 * 55.7 % * 0.0183 * 50.6246
=4.29 %

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.


TGS Dis Ticaret AS ROE % Related Terms


TGS Dis Ticaret AS ROE % Historical Data

* Premium members only.

The historical data trend for TGS Dis 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.

TGS Dis Ticaret AS ROE % Chart

TGS Dis 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 22.53 7.00 20.80 49.01 29.15

TGS Dis 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 55.65 8.56 27.35 45.51 4.29

IST:TGSAS vs GWW, FAST, FERG: ROE % Comparison

For the Industrial Distribution subindustry, TGS Dis 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.


TGS Dis Ticaret AS ROE % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, TGS Dis Ticaret AS's ROE % distribution charts can be found below:

* The bar in red indicates where TGS Dis Ticaret AS's ROE % falls into.


IST:TGSAS
80GF Score
TGS Dis Ticaret AS IST:TGSAS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TGS Dis Ticaret AS ROE % Calculation

TGS Dis 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 )
=90.396/( (296.298+323.998)/ 2 )
=90.396/310.148
=29.15 %

TGS Dis 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 )
=14.672/( (323.998+360.639)/ 2 )
=14.672/342.3185
=4.29 %

* 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 4.29% mean?
TGS Dis Ticaret AS (IST:TGSAS) has a ROE % of 4.29% 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 TGS Dis Ticaret AS and its competitors. This is 80% below median its historical median of 21.67. Over the past decade, TGS Dis Ticaret AS's ROE % has ranged from 6.23 to 49.01. According to the industry distribution chart, TGS Dis Ticaret AS ranks #18 out of 156 companies in the Industrial Distribution industry, placing it in the top 11.5%.
Is TGS Dis Ticaret AS's ROE % too high?
TGS Dis Ticaret AS's current ROE % of 4.29% is 80% below median its 10-year median of 21.67. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 49.01. The Industrial Distribution industry median ROE % is 7.24. TGS Dis Ticaret AS's value of 4.29% is 40.7% below this industry median. Based on the distribution chart, TGS Dis Ticaret AS ranks #18 out of 156 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, TGS Dis Ticaret AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS Dis Ticaret AS's ROE % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, TGS Dis Ticaret AS ranks #18 out of 156 companies for ROE %. This places TGS Dis Ticaret AS in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 7.24. TGS Dis Ticaret AS's value of 4.29% is 40.7% below this benchmark. Historically, TGS Dis Ticaret AS's own ROE % has ranged from 6.23 to 49.01 over the past decade. While the company's 10-year median is 21.67 vs. the industry median of 7.24, TGS Dis Ticaret AS has consistently been below 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 an Industrial Distribution company?
The median ROE % among Industrial Distribution companies is 7.24, based on 156 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. TGS Dis Ticaret AS's current ROE % of 4.29% is 40.7% below 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 TGS Dis Ticaret AS and its competitors. For the Industrial Distribution industry, the median ROE % is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGS Dis Ticaret AS's current ROE % is 4.29%, which is 80% below median its own 10-year median of 21.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGS Dis Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, TGS Dis Ticaret AS (IST:TGSAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺80.68, compared to a current price of ₺171.80 — trading 112.9% above its estimated fair value. The current ROE % is 4.29%, which is 80% below median its 10-year median of 21.67 and 40.7% below the Industrial Distribution industry median of 7.24. TGS Dis Ticaret AS's overall GF Score™ is 80/100 with 5 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 TGS Dis Ticaret AS (IST:TGSAS), the current ROE % is 4.29% 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 TGS Dis Ticaret AS (IST:TGSAS) Overvalued in 2026?

Based on GuruFocus' analysis, TGS Dis Ticaret AS stock appears to be overvalued. The current stock price of ₺171.80 is trading 112.9% above its estimated GF Value™ of ₺80.68. GuruFocus considers TGS Dis Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:TGSAS:

  • ROE %: 4.29% (80% below median its 10-year median of 21.67)
  • GF Value™: ₺80.68 vs. price of ₺171.80 (112.9% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 40.7% below the Industrial Distribution median (#18 of 156)

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


TGS Dis Ticaret AS Business Description

Address Halkali Merkez Mahallesi, Basin Ekspres Yolu, Capital Tower No:9 Kat:1 D:11/12/13/14, Kucukcekmece, Istanbul, TUR
TGS Dis Ticaret AS offers import and export services. The company facilitates the transfer of goods and services across international boundaries.
80GF Score

Get the complete analysis for IST:TGSAS

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

₺171.80
Price
₺80.68
GF Value