Turk Telekomunikasyon AS (IST:TTKOM) ROE %: 18.34% (As of Mar. 2026) — Near Median


IST:TTKOM Turk Telekomunikasyon AS IST:TTKOM
91 GF Score
Price ₺62.25
GF Value ₺66.89
Valuation Fairly Valued
! 4 Warning Signs
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What is Turk Telekomunikasyon AS ROE %?

Turk Telekomunikasyon AS IST:TTKOM +2.55% 91 ROE % is 18.34% as of Mar. 2026, which is 2% above its 10-year median of 17.92. GuruFocus rates IST:TTKOM with a GF Score™ of 91/100 and a GF Value™ of ₺66.89 (Fairly Valued). The stock has 4 warning signs investors should review. Among 347 Telecommunication Services companies, Turk Telekomunikasyon AS ranks better than 65.71% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Turk Telekomunikasyon AS's annualized net income for the quarter that ended in Mar. 2026 was ₺41,828 Mil. Turk Telekomunikasyon AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺228,018 Mil. Therefore, Turk Telekomunikasyon AS's annualized ROE % for the quarter that ended in Mar. 2026 was 18.34%.

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

IST:TTKOM' s ROE % Range Over the Past 10 Years
Min: -23.17   Med: 17.92   Max: 43.83
Current: 13.56

During the past 13 years, Turk Telekomunikasyon AS's highest ROE % was 43.83%. The lowest was -23.17%. And the median was 17.92%.

IST:TTKOM's ROE % is ranked better than
65.71% of 347 companies
in the Telecommunication Services industry
Industry Median: 7.35 vs IST:TTKOM: 13.56

Turk Telekomunikasyon AS  (IST:TTKOM) 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
=41828.032/228017.566
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(41828.032 / 259432.588)*(259432.588 / 514065.487)*(514065.487 / 228017.566)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.12 %*0.5047*2.2545
=ROA %*Equity Multiplier
=8.14 %*2.2545
=18.34 %

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
=41828.032/228017.566
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (41828.032 / 70287.236) * (70287.236 / 49660.24) * (49660.24 / 259432.588) * (259432.588 / 514065.487) * (514065.487 / 228017.566)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5951 * 1.4154 * 19.14 % * 0.5047 * 2.2545
=18.34 %

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.


Turk Telekomunikasyon AS ROE % Related Terms


Turk Telekomunikasyon AS ROE % Historical Data

* Premium members only.

The historical data trend for Turk Telekomunikasyon 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.

Turk Telekomunikasyon AS ROE % Chart

Turk Telekomunikasyon 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 43.83 14.54 21.29 6.65 11.39

Turk Telekomunikasyon 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 15.08 11.31 21.44 3.18 18.34

IST:TTKOM vs TMUS, VZ, T: ROE % Comparison

For the Telecom Services subindustry, Turk Telekomunikasyon 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.


Turk Telekomunikasyon AS ROE % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turk Telekomunikasyon AS's ROE % distribution charts can be found below:

* The bar in red indicates where Turk Telekomunikasyon AS's ROE % falls into.


IST:TTKOM
91GF Score
Turk Telekomunikasyon AS IST:TTKOM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Turk Telekomunikasyon AS ROE % Calculation

Turk Telekomunikasyon 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 )
=22980.532/( (191222.659+212437.099)/ 2 )
=22980.532/201829.879
=11.39 %

Turk Telekomunikasyon 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 )
=41828.032/( (212437.099+243598.033)/ 2 )
=41828.032/228017.566
=18.34 %

* 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 18.34% mean?
Turk Telekomunikasyon AS (IST:TTKOM) has a ROE % of 18.34% 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 Turk Telekomunikasyon AS and its competitors. This is near median its historical median of 17.92. According to the industry distribution chart, Turk Telekomunikasyon AS ranks #119 out of 347 companies in the Telecommunication Services industry, placing it in the top 34.3%.
Is Turk Telekomunikasyon AS's ROE % too high?
Turk Telekomunikasyon AS's current ROE % of 18.34% is near median its 10-year median of 17.92. The Telecommunication Services industry median ROE % is 7.35. Turk Telekomunikasyon AS's value of 18.34% is 149.5% above this industry median. Based on the distribution chart, Turk Telekomunikasyon AS ranks #119 out of 347 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Turk Telekomunikasyon AS has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turk Telekomunikasyon AS's ROE % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Turk Telekomunikasyon AS ranks #119 out of 347 companies for ROE %. This puts Turk Telekomunikasyon AS in the upper half of its industry. The industry median ROE % is 7.35. Turk Telekomunikasyon AS's value of 18.34% is 149.5% above this benchmark. While the company's 10-year median is 17.92 vs. the industry median of 7.35, Turk Telekomunikasyon 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 Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.35, based on 347 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. Turk Telekomunikasyon AS's current ROE % of 18.34% is 149.5% 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 Turk Telekomunikasyon AS and its competitors. For the Telecommunication Services industry, the median ROE % is 7.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Telekomunikasyon AS's current ROE % is 18.34%, which is near median its own 10-year median of 17.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Telekomunikasyon AS stock overvalued right now?
Based on GuruFocus' analysis, Turk Telekomunikasyon AS (IST:TTKOM) is currently considered Fairly Valued. The stock's GF Value™ is ₺66.89, compared to a current price of ₺62.25 — trading 6.9% below its estimated fair value. The current ROE % is 18.34%, which is near median its 10-year median of 17.92 and 149.5% above the Telecommunication Services industry median of 7.35. Turk Telekomunikasyon AS's overall GF Score™ is 91/100 with 4 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 Turk Telekomunikasyon AS (IST:TTKOM), the current ROE % is 18.34% 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 Turk Telekomunikasyon AS (IST:TTKOM) Overvalued in 2026?

Based on GuruFocus' analysis, Turk Telekomunikasyon AS stock appears to be undervalued. The current stock price of ₺62.25 is trading 6.9% below its estimated GF Value™ of ₺66.89. GuruFocus considers Turk Telekomunikasyon AS to be Fairly Valued.

Key valuation signals for IST:TTKOM:

  • ROE %: 18.34% (near median its 10-year median of 17.92)
  • GF Value™: ₺66.89 vs. price of ₺62.25 (6.9% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 149.5% above the Telecommunication Services median (#119 of 347)

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


Turk Telekomunikasyon AS Business Description

Other Exchanges TRKNY:USA4TTA:Germany
Address Turgut Ozal Bulvari, Aydinlikevler, Ankara, TUR, 06103
Turk Telekomunikasyon AS is a multi-play telecommunications company that provides broadband, mobile, and TV services for companies and individuals. The Group has two main segments; Fixed Line and Mobile. Fixed line services are provided by Turk Telekom, TTNet, Argela, Innova, Sebit, AssisTT, TTES, TT Venture, TT Destek Hizmetleri, and TTINT Group whereas mobile service is provided by TT Mobil. It generates the majority of its revenue from the Fixed Line segment.
91GF Score

Get the complete analysis for IST:TTKOM

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

₺62.25
Price
₺66.89
GF Value