ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Celik Halat ve Telnayii AS's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -5.56%.
As of today (2026-07-05), Celik Halat ve Telnayii AS's WACC % is 13.96%. Celik Halat ve Telnayii AS's ROIC % is -3.72% (calculated using TTM income statement data).
Celik Halat ve Telnayii AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Celik Halat ve Telnayii AS (IST:CELHA) 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, Celik Halat ve Telnayii AS's WACC % is 13.96%. Celik Halat ve Telnayii AS's ROIC % is -3.72% (calculated using TTM income statement data).
Celik Halat ve Telnayii 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.
* 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.
For the Metal Fabrication subindustry, Celik Halat ve Telnayii 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.
Celik Halat ve Telnayii AS ROIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Celik Halat ve Telnayii AS's ROIC % distribution charts can be found below:
* The bar in red indicates where Celik Halat ve Telnayii AS's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) 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.
Celik Halat ve Telnayii AS (IST:CELHA) has a ROIC % of -5.56% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Celik Halat ve Telnayii AS and its competitors.
Is Celik Halat ve Telnayii AS's ROIC % too high?
Celik Halat ve Telnayii AS's current ROIC % is -5.56%. Overall, Celik Halat ve Telnayii AS has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celik Halat ve Telnayii AS's ROIC % compare to CRS and ATI?
Celik Halat ve Telnayii AS's ROIC % of -5.56% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.19. 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 Industrial Products company?
The median ROIC % among Industrial Products companies is 5.19, based on 3,029 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. 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 Celik Halat ve Telnayii AS and its competitors. For the Industrial Products industry, the median ROIC % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celik Halat ve Telnayii AS's current ROIC % is -5.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celik Halat ve Telnayii AS stock overvalued right now?
Based on GuruFocus' analysis, Celik Halat ve Telnayii AS (IST:CELHA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.59, compared to a current price of ₺17.15 — trading 160.2% above its estimated fair value. The current ROIC % is -5.56%. Celik Halat ve Telnayii AS's overall GF Score™ is 38/100 with 10 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 Celik Halat ve Telnayii AS (IST:CELHA), the current ROIC % is -5.56% 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 Celik Halat ve Telnayii AS (IST:CELHA) Overvalued in 2026?
Based on GuruFocus' analysis, Celik Halat ve Telnayii AS stock appears to be overvalued.
The current stock price of ₺17.15 is trading 160.2% above its estimated GF Value™ of ₺6.59.
GuruFocus considers Celik Halat ve Telnayii AS to be Significantly Overvalued.
Key valuation signals for IST:CELHA:
ROIC %: -5.56%
GF Value™: ₺6.59 vs. price of ₺17.15 (160.2% above fair value)
No single metric tells the full story. See the IST:CELHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Celik Halat ve Tel Sanayii AS is engaged in manufacturing high carbon wire and steel wire ropes. Its products portfolio includes steel wire ropes consisting of Crane Ropes, Chairlift Ropes, Marine Ropes, Mining Ropes, Elevator Ropes, and special ropes; galvanized wire, bead wire, mechanical spring wire; prestressed concrete strand, concrete strand, and concrete wire. Its products are used in various sectors including mining, construction, tire, bead, energy, fishery and other manufacturing industries. Its products are exported to the USA, Canada, Holland, Romania, Serbia, Spain, Italy and other European Countries, Turkmenistan, Azerbaijan and other Turkic Republics.
38GF Score
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