Turker Vangolu Enerji Yatirim AS (IST:VEYAS) ROIC %: 3.73% (As of Mar. 2026)

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IST:VEYAS Turker Vangolu Enerji Yatirim AS IST:VEYAS
19 GF Score
Price ₺136.00
! 3 Warning Signs
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What is Turker Vangolu Enerji Yatirim AS ROIC %?

Turker Vangolu Enerji Yatirim AS IST:VEYAS -0.44% 19 ROIC % is 3.73% as of Mar. 2026. GuruFocus rates IST:VEYAS with a GF Score™ of 19/100. The stock has 3 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 %. Turker Vangolu Enerji Yatirim AS's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 3.73%.

As of today (2026-09-01), Turker Vangolu Enerji Yatirim AS's WACC % is 9.89%. Turker Vangolu Enerji Yatirim AS's ROIC % is 0.93% (calculated using TTM income statement data). Turker Vangolu Enerji Yatirim AS earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Turker Vangolu Enerji Yatirim AS  (IST:VEYAS) 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, Turker Vangolu Enerji Yatirim AS's WACC % is 9.89%. Turker Vangolu Enerji Yatirim AS's ROIC % is 0.93% (calculated using TTM income statement data). Turker Vangolu Enerji Yatirim 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.


Turker Vangolu Enerji Yatirim AS ROIC % Related Terms


Turker Vangolu Enerji Yatirim AS ROIC % Historical Data

* Premium members only.

The historical data trend for Turker Vangolu Enerji Yatirim 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.

Turker Vangolu Enerji Yatirim AS ROIC % Chart

Turker Vangolu Enerji Yatirim AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
0.00 0.00 46.16 47.57 31.83

Turker Vangolu Enerji Yatirim AS Quarterly Data
Dec22 Dec23 Dec24 Mar25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 3.73

IST:VEYAS vs NEE, SO, DUK: ROIC % Comparison

For the Utilities - Regulated Electric subindustry, Turker Vangolu Enerji Yatirim 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.


Turker Vangolu Enerji Yatirim AS ROIC % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Turker Vangolu Enerji Yatirim AS's ROIC % distribution charts can be found below:

* The bar in red indicates where Turker Vangolu Enerji Yatirim AS's ROIC % falls into.


IST:VEYAS
19GF Score
Turker Vangolu Enerji Yatirim AS IST:VEYAS
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Turker Vangolu Enerji Yatirim AS ROIC % Calculation

Turker Vangolu Enerji Yatirim 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 )
=9136.318 * ( 1 - 24.86% )/( (19893.621 + 23237.615)/ 2 )
=6865.0293452/21565.618
=31.83 %

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))
=24411.107 - 4371.393 - ( 146.093 - max(0, 8030.835 - 10913.99+146.093))
=19893.621

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))
=31880.879 - 7119.385 - ( 1523.879 - max(0, 9490.359 - 13021.643+1523.879))
=23237.615

Turker Vangolu Enerji Yatirim 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 )
=9165.952 * ( 1 - 90.12% )/( (23237.615 + 25353.612)/ 2 )
=905.5960576/24295.6135
=3.73 %

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))
=31880.879 - 7119.385 - ( 1523.879 - max(0, 9490.359 - 13021.643+1523.879))
=23237.615

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))
=30121.124 - 4539.423 - ( 228.089 - max(0, 6958.698 - 11948.532+228.089))
=25353.612

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 3.73% mean?
Turker Vangolu Enerji Yatirim AS (IST:VEYAS) has a ROIC % of 3.73% 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 Turker Vangolu Enerji Yatirim AS and its competitors.
Is Turker Vangolu Enerji Yatirim AS's ROIC % too high?
Turker Vangolu Enerji Yatirim AS's current ROIC % is 3.73%. The Utilities - Regulated industry median ROIC % is 4.25. Turker Vangolu Enerji Yatirim AS's value of 3.73% is 12.2% below this industry median. Overall, Turker Vangolu Enerji Yatirim AS has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Turker Vangolu Enerji Yatirim AS's ROIC % compare to NEE and SO?
Turker Vangolu Enerji Yatirim AS's ROIC % of 3.73% can be compared against companies in the Utilities - Regulated industry. The industry median ROIC % is 4.25. Turker Vangolu Enerji Yatirim AS's value of 3.73% is 12.2% 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 an Utilities - Regulated company?
The median ROIC % among Utilities - Regulated companies is 4.25, based on 501 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. Turker Vangolu Enerji Yatirim AS's current ROIC % of 3.73% is 12.2% 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 Turker Vangolu Enerji Yatirim AS and its competitors. For the Utilities - Regulated industry, the median ROIC % is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turker Vangolu Enerji Yatirim AS's current ROIC % is 3.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turker Vangolu Enerji Yatirim AS stock overvalued right now?
Turker Vangolu Enerji Yatirim AS (IST:VEYAS) has a current ROIC % of 3.73%. The current ROIC % is 3.73% and 12.2% below the Utilities - Regulated industry median of 4.25. Turker Vangolu Enerji Yatirim AS's overall GF Score™ is 19/100 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 Turker Vangolu Enerji Yatirim AS (IST:VEYAS), the current ROIC % is 3.73% 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.

Turker Vangolu Enerji Yatirim AS Business Description

Address Dumlupinar Boulevard No: 274/6, Inner Door No: 74, Mustafa Kemal Neighborhood, Cankaya, Ankara, TUR
Turker Vangolu Enerji Yatirim AS is engaged in the energy sector. It offers products, solutions, and services across the entire energy value chain. The group offers Electricity Distribution and Electricity Retail Sales and services.
19GF Score

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