Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) ROE %: -14.39% (As of Mar. 2026)


IST:VESBE Vestel Beyaz Esa Ticaret Sanayi AS IST:VESBE
58 GF Score
Price ₺6.73
GF Value ₺11.09
Valuation Possible Value Trap
! 9 Warning Signs
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What is Vestel Beyaz Esa Ticaretnayi AS ROE %?

Vestel Beyaz Esa Ticaretnayi AS IST:VESBE +9.97% 58 ROE % is -14.39% as of Mar. 2026. GuruFocus rates IST:VESBE with a GF Score™ of 58/100 and a GF Value™ of ₺11.09 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Vestel Beyaz Esa Ticaretnayi AS ranks worse than 89.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vestel Beyaz Esa Ticaretnayi AS's annualized net income for the quarter that ended in Mar. 2026 was ₺-5,447 Mil. Vestel Beyaz Esa Ticaretnayi AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₺37,853 Mil. Therefore, Vestel Beyaz Esa Ticaretnayi AS's annualized ROE % for the quarter that ended in Mar. 2026 was -14.39%.

The historical rank and industry rank for Vestel Beyaz Esa Ticaretnayi AS's ROE % or its related term are showing as below:

IST:VESBE' s ROE % Range Over the Past 10 Years
Min: -17.93   Med: 30.98   Max: 51.52
Current: -17.22

During the past 13 years, Vestel Beyaz Esa Ticaretnayi AS's highest ROE % was 51.52%. The lowest was -17.93%. And the median was 30.98%.

IST:VESBE's ROE % is ranked worse than
89.49% of 428 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.6 vs IST:VESBE: -17.22

Vestel Beyaz Esa Ticaretnayi AS  (IST:VESBE) 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
=-5446.544/37853.152
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5446.544 / 39772.168)*(39772.168 / 92066.173)*(92066.173 / 37853.152)
=Net Margin %*Asset Turnover*Equity Multiplier
=-13.69 %*0.432*2.4322
=ROA %*Equity Multiplier
=-5.91 %*2.4322
=-14.39 %

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
=-5446.544/37853.152
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-5446.544 / -2962.58) * (-2962.58 / -4509.296) * (-4509.296 / 39772.168) * (39772.168 / 92066.173) * (92066.173 / 37853.152)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.8384 * 0.657 * -11.34 % * 0.432 * 2.4322
=-14.39 %

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.


Vestel Beyaz Esa Ticaretnayi AS ROE % Related Terms


Vestel Beyaz Esa Ticaretnayi AS ROE % Historical Data

* Premium members only.

The historical data trend for Vestel Beyaz Esa Ticaretnayi 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.

Vestel Beyaz Esa Ticaretnayi AS ROE % Chart

Vestel Beyaz Esa Ticaretnayi 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 36.79 2.30 30.50 1.07 -17.93

Vestel Beyaz Esa Ticaretnayi 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 -15.20 -20.05 -2.63 -31.95 -14.39

IST:VESBE vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Vestel Beyaz Esa Ticaretnayi 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.


Vestel Beyaz Esa Ticaretnayi AS ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vestel Beyaz Esa Ticaretnayi AS's ROE % distribution charts can be found below:

* The bar in red indicates where Vestel Beyaz Esa Ticaretnayi AS's ROE % falls into.


IST:VESBE
58GF Score
Vestel Beyaz Esa Ticaret Sanayi AS IST:VESBE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vestel Beyaz Esa Ticaretnayi AS ROE % Calculation

Vestel Beyaz Esa Ticaretnayi 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 )
=-6321.583/( (33844.638+36675.096)/ 2 )
=-6321.583/35259.867
=-17.93 %

Vestel Beyaz Esa Ticaretnayi 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 )
=-5446.544/( (36675.096+39031.208)/ 2 )
=-5446.544/37853.152
=-14.39 %

* 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 -14.39% mean?
Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) has a ROE % of -14.39% 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 Vestel Beyaz Esa Ticaretnayi AS and its competitors. According to the industry distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #383 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 89.5%.
Is Vestel Beyaz Esa Ticaretnayi AS's ROE % too high?
Vestel Beyaz Esa Ticaretnayi AS's current ROE % is -14.39%. Based on the distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #383 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Vestel Beyaz Esa Ticaretnayi AS has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vestel Beyaz Esa Ticaretnayi AS's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #383 out of 428 companies for ROE %. This places Vestel Beyaz Esa Ticaretnayi AS in the lower half of its industry. The industry median ROE % is 4.60. 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 Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.60, based on 428 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 Vestel Beyaz Esa Ticaretnayi AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestel Beyaz Esa Ticaretnayi AS's current ROE % is -14.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestel Beyaz Esa Ticaretnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) is currently considered Possible Value Trap. The stock's GF Value™ is ₺11.09, compared to a current price of ₺6.73 — trading 39.3% below its estimated fair value. The current ROE % is -14.39%. Vestel Beyaz Esa Ticaretnayi AS's overall GF Score™ is 58/100 with 9 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE), the current ROE % is -14.39% 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Overvalued in 2026?

Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS stock appears to be undervalued. The current stock price of ₺6.73 is trading 39.3% below its estimated GF Value™ of ₺11.09. GuruFocus considers Vestel Beyaz Esa Ticaretnayi AS to be Possible Value Trap.

Key valuation signals for IST:VESBE:

  • ROE %: -14.39%
  • GF Value™: ₺11.09 vs. price of ₺6.73 (39.3% below fair value)
  • GF Score™: 58/100 with 9 warning signs

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


Vestel Beyaz Esa Ticaretnayi AS Business Description

Address Buyukdere Cad. No: 199, Levent 199, Sisli, Istanbul, TUR, 34394
Vestel Beyaz Esa Ticaret Sanayi AS produces refrigerators, room air conditioning units, washing machines, cookers, dishwashers and water heaters. The company operates in single segment and its geographical operations are spread across Turkey, Europe and Other countries with the majority of the revenue generating from Europe.
58GF Score

Get the complete analysis for IST:VESBE

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

₺6.73
Price
₺11.09
GF Value