Isbir Holding AS (IST:ISBIR) ROIC %: 63.03% (As of Sep. 2013)


What is Isbir Holding AS ROIC %?

Isbir Holding AS IST:ISBIR -0.14% ROIC % is 63.03% as of Sep. 2013.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Isbir Holding AS's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2013 was 63.03%.

As of today (2026-07-06), Isbir Holding AS's WACC % is 0.00%. Isbir Holding AS's ROIC % is 0.00% (calculated using TTM income statement data). Isbir Holding AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Isbir Holding AS  (IST:ISBIR) 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, Isbir Holding AS's WACC % is 0.00%. Isbir Holding AS's ROIC % is 0.00% (calculated using TTM income statement data). Isbir Holding 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.

Isbir Holding AS ROIC % Related Terms

Isbir Holding AS ROIC % Historical Data

* Premium members only.

The historical data trend for Isbir Holding 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.

Isbir Holding AS ROIC % Chart

Isbir Holding AS Annual Data
Trend Mar12 Mar13
ROIC %
-11.87 -2.06

Isbir Holding AS Semi-Annual Data
Mar12 Sep12 Mar13 Sep13
ROIC % 0.00 2.07 0.00 63.03

IST:ISBIR vs LZB, AMWD, SPB: ROIC % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Isbir Holding 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.

Isbir Holding AS ROIC % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Isbir Holding AS's ROIC % distribution charts can be found below:

* The bar in red indicates where Isbir Holding AS's ROIC % falls into.


Isbir Holding AS ROIC % Calculation

Isbir Holding AS's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2013 is calculated as:

ROIC % (A: Mar. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2012 ) + Invested Capital (A: Mar. 2013 ))/ count )
=-6.912 * ( 1 - 6.43% )/( (316.812 + 311.685)/ 2 )
=-6.4675584/314.2485
=-2.06 %

where

Invested Capital(A: Mar. 2012 )
=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))
=382.052 - 68.077 - ( 4.152 - max(0, 200.427 - 197.59+4.152))
=316.812

Invested Capital(A: Mar. 2013 )
=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))
=373.586 - 80.61 - ( 4.832 - max(0, 206.98 - 188.271+4.832))
=311.685

Isbir Holding AS's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2013 is calculated as:

ROIC % (Q: Sep. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2013 ) + Invested Capital (Q: Sep. 2013 ))/ count )
=182.41 * ( 1 - 0% )/( (311.685 + 267.158)/ 2 )
=182.41/289.4215
=63.03 %

where

Invested Capital(Q: Mar. 2013 )
=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))
=373.586 - 80.61 - ( 4.832 - max(0, 206.98 - 188.271+4.832))
=311.685

Invested Capital(Q: Sep. 2013 )
=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))
=347.929 - 78.488 - ( 2.283 - max(0, 150.762 - 157.9+2.283))
=267.158

Note: The Operating Income data used here is two times the semi-annual (Sep. 2013) 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 63.03% mean?
Isbir Holding AS (IST:ISBIR) has a ROIC % of 63.03% as of Sep. 2013. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Isbir Holding AS and its competitors.
Is Isbir Holding AS's ROIC % too high?
Isbir Holding AS's current ROIC % is 63.03%. The Furnishings, Fixtures & Appliances industry median ROIC % is 3.42. Isbir Holding AS's value of 63.03% is 1743% above this industry median.
How does Isbir Holding AS's ROIC % compare to LZB and AMWD?
Isbir Holding AS's ROIC % of 63.03% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROIC % is 3.42. Isbir Holding AS's value of 63.03% is 1743% 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 Furnishings, Fixtures & Appliances company?
The median ROIC % among Furnishings, Fixtures & Appliances companies is 3.42, based on 426 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. Isbir Holding AS's current ROIC % of 63.03% is 1743% 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 Isbir Holding AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROIC % is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Isbir Holding AS's current ROIC % is 63.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Isbir Holding AS stock overvalued right now?
Isbir Holding AS (IST:ISBIR) has a current ROIC % of 63.03%. The current ROIC % is 63.03% and 1743% above the Furnishings, Fixtures & Appliances industry median of 3.42. 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 Isbir Holding AS (IST:ISBIR), the current ROIC % is 63.03% as of Sep. 2013. 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.

Isbir Holding AS Business Description

Address Ataturk Boulevard No 169/54, Cankaya, Ankara, TUR, 6680
Isbir Holding AS is a holding company. Along with its subsidiaries, the company manufactures mattresses. Its product includes home textiles, baby products, sofa and bed series among others.