ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Enka Insaat Venayi AS's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 9.30%.
As of today (2026-06-24), Enka Insaat Venayi AS's WACC % is 10.46%. Enka Insaat Venayi AS's ROIC % is 7.91% (calculated using TTM income statement data).
Enka Insaat Venayi AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Enka Insaat Venayi AS (IST:ENKAI) 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, Enka Insaat Venayi AS's WACC % is 10.46%. Enka Insaat Venayi AS's ROIC % is 7.91% (calculated using TTM income statement data).
Enka Insaat Venayi 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 Engineering & Construction subindustry, Enka Insaat Venayi 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.
Enka Insaat Venayi AS ROIC % vs Construction Industry
For the Construction industry and Industrials sector, Enka Insaat Venayi AS's ROIC % distribution charts can be found below:
* The bar in red indicates where Enka Insaat Venayi 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.
Enka Insaat Venayi AS (IST:ENKAI) has a ROIC % of 9.30% 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 Enka Insaat Venayi AS and its competitors.
Is Enka Insaat Venayi AS's ROIC % too high?
Enka Insaat Venayi AS's current ROIC % is 9.30%. The Construction industry median ROIC % is 4.65. Enka Insaat Venayi AS's value of 9.30% is 100% above this industry median. Overall, Enka Insaat Venayi AS has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enka Insaat Venayi AS's ROIC % compare to PWR and FIX?
Enka Insaat Venayi AS's ROIC % of 9.30% can be compared against companies in the Construction industry. The industry median ROIC % is 4.65. Enka Insaat Venayi AS's value of 9.30% is 100% above 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 a Construction company?
The median ROIC % among Construction companies is 4.65, based on 1,755 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. Enka Insaat Venayi AS's current ROIC % of 9.30% is 100% 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 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 Enka Insaat Venayi AS and its competitors. For the Construction industry, the median ROIC % is 4.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enka Insaat Venayi AS's current ROIC % is 9.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enka Insaat Venayi AS stock overvalued right now?
Based on GuruFocus' analysis, Enka Insaat Venayi AS (IST:ENKAI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺100.54, compared to a current price of ₺90.15 — trading 10.3% below its estimated fair value. The current ROIC % is 9.30% and 100% above the Construction industry median of 4.65. Enka Insaat Venayi AS's overall GF Score™ is 85/100 with 3 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 Enka Insaat Venayi AS (IST:ENKAI), the current ROIC % is 9.30% 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 Enka Insaat Venayi AS (IST:ENKAI) Overvalued in 2026?
Based on GuruFocus' analysis, Enka Insaat Venayi AS stock appears to be undervalued.
The current stock price of ₺90.15 is trading 10.3% below its estimated GF Value™ of ₺100.54.
GuruFocus considers Enka Insaat Venayi AS to be Modestly Undervalued.
Key valuation signals for IST:ENKAI:
ROIC %: 9.30%
GF Value™: ₺100.54 vs. price of ₺90.15 (10.3% below fair value)
Industry Position: 100% above the Construction median
No single metric tells the full story. See the IST:ENKAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enka Insaat Ve Sanayi AS provides a full range of design, engineering, construction, and project management services in various sectors. It creates power plants, production facilities, transportation systems, and other construction projects. If needed, the company will engineer and fabricate structures for installation and modularization. Enka Insaat Ve Sanayi has four operating segments: construction contracts; rental, trade and manufacturing; and energy (the majority of total revenue). Additional revenue is generated from aftermarket support and services, and the company utilizes a mix of traditional engineering disciplines to produce results. The company derives the majority of its revenue from Turkey, but the company does operate in various European nations.
85GF Score
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