Metropal Kurumsal Hizmetler AS (IST:MCARD) ROIC %: 11.90% (As of Dec. 2024)


IST:MCARD Metropal Kurumsal Hizmetler AS IST:MCARD
23 GF Score
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What is Metropal Kurumsal Hizmetler AS ROIC %?

Metropal Kurumsal Hizmetler AS IST:MCARD -4.61% 23 ROIC % is 11.90% as of Dec. 2024. GuruFocus rates IST:MCARD with a GF Score™ of 23/100. The stock has 1 warning sign 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 %. Metropal Kurumsal Hizmetler AS's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was 11.90%.

As of today (2026-06-25), Metropal Kurumsal Hizmetler AS's WACC % is 10.43%. Metropal Kurumsal Hizmetler AS's ROIC % is 11.90% (calculated using TTM income statement data). Metropal Kurumsal Hizmetler AS generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Metropal Kurumsal Hizmetler AS  (IST:MCARD) 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, Metropal Kurumsal Hizmetler AS's WACC % is 10.43%. Metropal Kurumsal Hizmetler AS's ROIC % is 11.90% (calculated using TTM income statement data). Metropal Kurumsal Hizmetler AS generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Metropal Kurumsal Hizmetler AS ROIC % Related Terms


Metropal Kurumsal Hizmetler AS ROIC % Historical Data

* Premium members only.

The historical data trend for Metropal Kurumsal Hizmetler 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.

Metropal Kurumsal Hizmetler AS ROIC % Chart

Metropal Kurumsal Hizmetler AS Annual Data
Trend Dec22 Dec23 Dec24
ROIC %
10.10 9.55 11.90

Metropal Kurumsal Hizmetler AS Semi-Annual Data
Dec22 Dec23 Dec24
ROIC % 10.10 9.55 11.90

IST:MCARD vs MSFT, ORCL, PLTR: ROIC % Comparison

For the Software - Infrastructure subindustry, Metropal Kurumsal Hizmetler 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.


Metropal Kurumsal Hizmetler AS ROIC % vs Software Industry

For the Software industry and Technology sector, Metropal Kurumsal Hizmetler AS's ROIC % distribution charts can be found below:

* The bar in red indicates where Metropal Kurumsal Hizmetler AS's ROIC % falls into.


IST:MCARD
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Metropal Kurumsal Hizmetler AS IST:MCARD
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Metropal Kurumsal Hizmetler AS ROIC % Calculation

Metropal Kurumsal Hizmetler 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 )
=362.366 * ( 1 - 32.31% )/( (1843.463 + 2278.221)/ 2 )
=245.2855454/2060.842
=11.90 %

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))
=4125.273 - 2209.366 - ( 1729.385 - max(0, 3030.387 - 3102.831+1729.385))
=1843.463

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))
=5287.19 - 2547.104 - ( 2427.498 - max(0, 3605.272 - 4067.137+2427.498))
=2278.221

Metropal Kurumsal Hizmetler 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 )
=362.366 * ( 1 - 32.31% )/( (1843.463 + 2278.221)/ 2 )
=245.2855454/2060.842
=11.90 %

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))
=4125.273 - 2209.366 - ( 1729.385 - max(0, 3030.387 - 3102.831+1729.385))
=1843.463

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))
=5287.19 - 2547.104 - ( 2427.498 - max(0, 3605.272 - 4067.137+2427.498))
=2278.221

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 11.90% mean?
Metropal Kurumsal Hizmetler AS (IST:MCARD) has a ROIC % of 11.90% 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 Metropal Kurumsal Hizmetler AS and its competitors.
Is Metropal Kurumsal Hizmetler AS's ROIC % too high?
Metropal Kurumsal Hizmetler AS's current ROIC % is 11.90%. The Software industry median ROIC % is 3.11. Metropal Kurumsal Hizmetler AS's value of 11.90% is 283.3% above this industry median. Overall, Metropal Kurumsal Hizmetler AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Metropal Kurumsal Hizmetler AS's ROIC % compare to MSFT and ORCL?
Metropal Kurumsal Hizmetler AS's ROIC % of 11.90% can be compared against companies in the Software industry. The industry median ROIC % is 3.11. Metropal Kurumsal Hizmetler AS's value of 11.90% is 283.3% 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 Software company?
The median ROIC % among Software companies is 3.11, based on 2,828 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. Metropal Kurumsal Hizmetler AS's current ROIC % of 11.90% is 283.3% 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 Metropal Kurumsal Hizmetler AS and its competitors. For the Software industry, the median ROIC % is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metropal Kurumsal Hizmetler AS's current ROIC % is 11.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metropal Kurumsal Hizmetler AS stock overvalued right now?
Metropal Kurumsal Hizmetler AS (IST:MCARD) has a current ROIC % of 11.90%. The current ROIC % is 11.90% and 283.3% above the Software industry median of 3.11. Metropal Kurumsal Hizmetler AS's overall GF Score™ is 23/100 with 1 warning sign 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 Metropal Kurumsal Hizmetler AS (IST:MCARD), the current ROIC % is 11.90% 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.

Metropal Kurumsal Hizmetler AS Business Description

Address Kisikli Street, No: 30, Altunizade Neighborhood, Uskudar, Istanbul, TUR, 34662
Metropal Kurumsal Hizmetler AS is a Turkish fintech company operating as MetropolCard, which provides an electronic payment system that enables companies to manage, track, and audit employee meal allowances online through smart cards.
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