Best Brands Grup Enerji Yatirim AS (IST:BESTE) ROIC %: 1.77% (As of Dec. 2024)


IST:BESTE Best Brands Grup Enerji Yatirim AS IST:BESTE
17 GF Score
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What is Best Brands Grup Enerji Yatirim AS ROIC %?

Best Brands Grup Enerji Yatirim AS IST:BESTE +4.10% 17 ROIC % is 1.77% as of Dec. 2024. GuruFocus rates IST:BESTE with a GF Score™ of 17/100. The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Best Brands Grup Enerji Yatirim AS's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was 1.77%.

As of today (2026-07-04), Best Brands Grup Enerji Yatirim AS's WACC % is 10.51%. Best Brands Grup Enerji Yatirim AS's ROIC % is 1.77% (calculated using TTM income statement data). Best Brands Grup Enerji Yatirim AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Best Brands Grup Enerji Yatirim AS  (IST:BESTE) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Best Brands Grup Enerji Yatirim AS's WACC % is 10.51%. Best Brands Grup Enerji Yatirim AS's ROIC % is 1.77% (calculated using TTM income statement data). Best Brands Grup Enerji Yatirim AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Best Brands Grup Enerji Yatirim AS ROIC % Related Terms

Best Brands Grup Enerji Yatirim AS ROIC % Historical Data

* Premium members only.

The historical data trend for Best Brands Grup Enerji Yatirim AS's ROIC % 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.

Best Brands Grup Enerji Yatirim AS ROIC % Chart

Best Brands Grup Enerji Yatirim AS Annual Data
Trend Dec22 Dec23 Dec24
ROIC %
4.80 3.54 1.77

Best Brands Grup Enerji Yatirim AS Semi-Annual Data
Dec22 Dec23 Dec24
ROIC % 4.80 3.54 1.77

Best Brands Grup Enerji Yatirim AS ROIC % Competitor Comparison

For the Utilities - Renewable subindustry, Best Brands Grup Enerji Yatirim AS's ROIC %, along with its competitors' market caps and ROIC % 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.

Best Brands Grup Enerji Yatirim AS ROIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Best Brands Grup Enerji Yatirim AS's ROIC % distribution charts can be found below:

* The bar in red indicates where Best Brands Grup Enerji Yatirim AS's ROIC % falls into.


IST:BESTE
17GF Score
Best Brands Grup Enerji Yatirim AS IST:BESTE
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Best Brands Grup Enerji Yatirim AS ROIC % Calculation

Best Brands Grup Enerji Yatirim AS's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROIC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=62.639 * ( 1 - 0% )/( (2958.684 + 4104.009)/ 2 )
=62.639/3531.3465
=1.77 %

where

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2805.212 - 49.586 - ( 22.319 - max(0, 264.826 - 61.768+22.319))
=2958.684

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3982.533 - 59.449 - ( 11.262 - max(0, 227.669 - 46.744+11.262))
=4104.009

Best Brands Grup Enerji Yatirim AS's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2024 is calculated as:

ROIC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=62.639 * ( 1 - 0% )/( (2958.684 + 4104.009)/ 2 )
=62.639/3531.3465
=1.77 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2805.212 - 49.586 - ( 22.319 - max(0, 264.826 - 61.768+22.319))
=2958.684

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3982.533 - 59.449 - ( 11.262 - max(0, 227.669 - 46.744+11.262))
=4104.009

Note: The Operating Income data used here is one times the annual (Dec. 2024) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 1.77% mean?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a ROIC % of 1.77% as of Dec. 2024. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Best Brands Grup Enerji Yatirim AS and its competitors.
Is Best Brands Grup Enerji Yatirim AS's ROIC % too high?
Best Brands Grup Enerji Yatirim AS's current ROIC % is 1.77%. The Utilities - Independent Power Producers industry median ROIC % is 2.29. Best Brands Grup Enerji Yatirim AS's value of 1.77% is 22.7% below this industry median. Overall, Best Brands Grup Enerji Yatirim AS has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Best Brands Grup Enerji Yatirim AS's ROIC % compare to competitors?
Best Brands Grup Enerji Yatirim AS's ROIC % of 1.77% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROIC % is 2.29. Best Brands Grup Enerji Yatirim AS's value of 1.77% is 22.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Utilities - Independent Power Producers company?
The median ROIC % among Utilities - Independent Power Producers companies is 2.29, based on 429 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Best Brands Grup Enerji Yatirim AS's current ROIC % of 1.77% is 22.7% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Best Brands Grup Enerji Yatirim AS and its competitors. For the Utilities - Independent Power Producers industry, the median ROIC % is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Best Brands Grup Enerji Yatirim AS's current ROIC % is 1.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Brands Grup Enerji Yatirim AS stock overvalued right now?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a current ROIC % of 1.77%. The current ROIC % is 1.77% and 22.7% below the Utilities - Independent Power Producers industry median of 2.29. Best Brands Grup Enerji Yatirim AS's overall GF Score™ is 17/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Best Brands Grup Enerji Yatirim AS (IST:BESTE), the current ROIC % is 1.77% 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.

Best Brands Grup Enerji Yatirim AS Business Description

Address Ruzgarlibahce Mahallesi Sehit, Topcu Yzb. Sinan Eroglu, Caddesi No:6/2 , Kavacik, Beykoz, Istanbul, TUR
Best Brands Grup Enerji Yatirim AS is a renewable energy organization. The company is engaged in the establishment, commissioning, leasing, and participation in existing or future facilities, individuals, and businesses, as well as the production of electrical energy and the sale of the produced electrical energy and/or capacity to customers, both domestically and internationally. Its activities are carried out through its solar power plants are related to electricity generation.
17GF Score

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