Sasa Polyesternayi AS (IST:SASA) ROIC %: 1.10% (As of Mar. 2026)


IST:SASA Sasa Polyester Sanayi AS IST:SASA
63 GF Score
Price ₺2.52
GF Value ₺3.08
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is Sasa Polyesternayi AS ROIC %?

Sasa Polyesternayi AS IST:SASA +0.40% 63 ROIC % is 1.10% as of Mar. 2026. GuruFocus rates IST:SASA with a GF Score™ of 63/100 and a GF Value™ of ₺3.08 (Modestly Undervalued). The stock has 12 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 %. Sasa Polyesternayi AS's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 1.10%.

As of today (2026-06-27), Sasa Polyesternayi AS's WACC % is 10.06%. Sasa Polyesternayi AS's ROIC % is 0.23% (calculated using TTM income statement data). Sasa Polyesternayi AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Sasa Polyesternayi AS  (IST:SASA) 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, Sasa Polyesternayi AS's WACC % is 10.06%. Sasa Polyesternayi AS's ROIC % is 0.23% (calculated using TTM income statement data). Sasa Polyesternayi 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.


Sasa Polyesternayi AS ROIC % Related Terms


Sasa Polyesternayi AS ROIC % Historical Data

* Premium members only.

The historical data trend for Sasa Polyesternayi 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.

Sasa Polyesternayi AS ROIC % Chart

Sasa Polyesternayi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 18.87 6.85 2.73 0.02

Sasa Polyesternayi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.20 0.07 -0.85 1.10

Sasa Polyesternayi AS ROIC % Competitor Comparison

For the Textile Manufacturing subindustry, Sasa Polyesternayi 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.


Sasa Polyesternayi AS ROIC % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sasa Polyesternayi AS's ROIC % distribution charts can be found below:

* The bar in red indicates where Sasa Polyesternayi AS's ROIC % falls into.


IST:SASA
63GF Score
Sasa Polyester Sanayi AS IST:SASA
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sasa Polyesternayi AS ROIC % Calculation

Sasa Polyesternayi AS's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=71.443 * ( 1 - 0% )/( (323746.788 + 337237.318)/ 2 )
=71.443/330492.053
=0.02 %

where

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))
=304078.627 - 10649.14 - ( 2875.467 - max(0, 64865.949 - 34548.648+2875.467))
=323746.788

Invested Capital(A: Dec. 2025 )
=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))
=320573.077 - 21067.196 - ( 1075.483 - max(0, 67495.44 - 29764.003+1075.483))
=337237.318

Sasa Polyesternayi AS's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3784.356 * ( 1 - 0% )/( (337237.318 + 352984.455)/ 2 )
=3784.356/345110.8865
=1.10 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=320573.077 - 21067.196 - ( 1075.483 - max(0, 67495.44 - 29764.003+1075.483))
=337237.318

Invested Capital(Q: Mar. 2026 )
=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))
=353794.589 - 25808.548 - ( 5766.569 - max(0, 67066.12 - 42067.706+5766.569))
=352984.455

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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 1.10% mean?
Sasa Polyesternayi AS (IST:SASA) has a ROIC % of 1.10% 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 Sasa Polyesternayi AS and its competitors.
Is Sasa Polyesternayi AS's ROIC % too high?
Sasa Polyesternayi AS's current ROIC % is 1.10%. The Manufacturing - Apparel & Accessories industry median ROIC % is 2.91. Sasa Polyesternayi AS's value of 1.10% is 62.1% below this industry median. Overall, Sasa Polyesternayi AS has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sasa Polyesternayi AS's ROIC % compare to competitors?
Sasa Polyesternayi AS's ROIC % of 1.10% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROIC % is 2.91. Sasa Polyesternayi AS's value of 1.10% is 62.1% 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 a Manufacturing - Apparel & Accessories company?
The median ROIC % among Manufacturing - Apparel & Accessories companies is 2.91, based on 1,048 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. Sasa Polyesternayi AS's current ROIC % of 1.10% is 62.1% 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 Sasa Polyesternayi AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROIC % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sasa Polyesternayi AS's current ROIC % is 1.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sasa Polyesternayi AS stock overvalued right now?
Based on GuruFocus' analysis, Sasa Polyesternayi AS (IST:SASA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺3.08, compared to a current price of ₺2.52 — trading 18.2% below its estimated fair value. The current ROIC % is 1.10% and 62.1% below the Manufacturing - Apparel & Accessories industry median of 2.91. Sasa Polyesternayi AS's overall GF Score™ is 63/100 with 12 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 Sasa Polyesternayi AS (IST:SASA), the current ROIC % is 1.10% 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 Sasa Polyesternayi AS (IST:SASA) Overvalued in 2026?

Based on GuruFocus' analysis, Sasa Polyesternayi AS stock appears to be undervalued. The current stock price of ₺2.52 is trading 18.2% below its estimated GF Value™ of ₺3.08. GuruFocus considers Sasa Polyesternayi AS to be Modestly Undervalued.

Key valuation signals for IST:SASA:

  • ROIC %: 1.10%
  • GF Value™: ₺3.08 vs. price of ₺2.52 (18.2% below fair value)
  • GF Score™: 63/100 with 12 warning signs
  • Industry Position: 62.1% below the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the IST:SASA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sasa Polyesternayi AS Business Description

Address Sarihamzali Mahallesi Turhan Cemal Beriker Bulvari No 559, Seyhan, Adana, TUR, 01355
Sasa Polyester Sanayi AS is a company engaged in the production and marketing of polyester fiber, yarns and related products, and polyester chips. The company's product portfolio includes specialty polymers and chemicals which consist of thermoplastic polyester elastomers, dimethyl terephthalate, plasticizers, advanced polymers, polybutylene terephthalate solutions, and polyethylene terephthalate solutions. It also provides fiberfill, nonwoven, and textile fibers; and DO, flat, texturing and POY filament yarns. The group generates revenue through the sale of products.
63GF Score

Get the complete analysis for IST:SASA

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺2.52
Price
₺3.08
GF Value