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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Bulls Girisim Sermayesi Yatirim Ortakligi AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 8.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Bulls Girisim Sermayesi Yatirim Ortakligi AS 3-Year ROIIC % Related Terms
Bulls Girisim Sermayesi Yatirim Ortakligi AS 3-Year ROIIC % Historical Data
* 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.
Bulls Girisim Sermayesi Yatirim Ortakligi AS 3-Year ROIIC % Chart
Bulls Girisim Sermayesi Yatirim Ortakligi AS Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
3-Year ROIIC %
0.00
0.00
0.00
62.37
8.57
Bulls Girisim Sermayesi Yatirim Ortakligi AS Quarterly Data
IST:BULGS vs MS, GS, SCHW: 3-Year ROIIC % Comparison
For the Capital Markets subindustry, Bulls Girisim Sermayesi Yatirim Ortakligi AS's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
Bulls Girisim Sermayesi Yatirim Ortakligi AS 3-Year ROIIC % vs Capital Markets Industry
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 545.029 (Dec. 2025) - 15.579 (Dec. 2022) )
/
( 6301.834 (Dec. 2025) - 123.631 (Dec. 2022) )
=
529.45
/
6178.203
=
8.57%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS) has a 3-Year ROIIC % of 8.57 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Bulls Girisim Sermayesi Yatirim Ortakligi AS and its competitors. This is 76% below median its historical median of 35.47. Over the past decade, Bulls Girisim Sermayesi Yatirim Ortakligi AS's 3-Year ROIIC % has ranged from 8.57 to 62.37. According to the industry distribution chart, Bulls Girisim Sermayesi Yatirim Ortakligi AS ranks #244 out of 659 companies in the Capital Markets industry, placing it in the top 37%.
Is Bulls Girisim Sermayesi Yatirim Ortakligi AS's 3-Year ROIIC % too high?
Bulls Girisim Sermayesi Yatirim Ortakligi AS's current 3-Year ROIIC % of 8.57 is 76% below median its 10-year median of 35.47. Over the past 10 years, this metric has ranged from a low of 8.57 to a high of 62.37. The Capital Markets industry median 3-Year ROIIC % is 2.60. Bulls Girisim Sermayesi Yatirim Ortakligi AS's value of 8.57 is 229.6% above this industry median. Based on the distribution chart, Bulls Girisim Sermayesi Yatirim Ortakligi AS ranks #244 out of 659 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Bulls Girisim Sermayesi Yatirim Ortakligi AS has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Bulls Girisim Sermayesi Yatirim Ortakligi AS's 3-Year ROIIC % compare to MS and GS?
According to the Capital Markets industry distribution chart, Bulls Girisim Sermayesi Yatirim Ortakligi AS ranks #244 out of 659 companies for 3-Year ROIIC %. This puts Bulls Girisim Sermayesi Yatirim Ortakligi AS in the upper half of its industry. The industry median 3-Year ROIIC % is 2.60. Bulls Girisim Sermayesi Yatirim Ortakligi AS's value of 8.57 is 229.6% above this benchmark. Historically, Bulls Girisim Sermayesi Yatirim Ortakligi AS's own 3-Year ROIIC % has ranged from 8.57 to 62.37 over the past decade. While the company's 10-year median is 35.47 vs. the industry median of 2.60, Bulls Girisim Sermayesi Yatirim Ortakligi AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.60, based on 659 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bulls Girisim Sermayesi Yatirim Ortakligi AS's current 3-Year ROIIC % of 8.57 is 229.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Bulls Girisim Sermayesi Yatirim Ortakligi AS and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulls Girisim Sermayesi Yatirim Ortakligi AS's current 3-Year ROIIC % is 8.57, which is 76% below median its own 10-year median of 35.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulls Girisim Sermayesi Yatirim Ortakligi AS stock overvalued right now?
Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS) has a current 3-Year ROIIC % of 8.57. The current 3-Year ROIIC % is 8.57, which is 76% below median its 10-year median of 35.47 and 229.6% above the Capital Markets industry median of 2.60. Bulls Girisim Sermayesi Yatirim Ortakligi AS's overall GF Score™ is 24/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS), the current 3-Year ROIIC % is 8.57 as of Dec. 2025. 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.
Bulls Girisim Sermayesi Yatirim Ortakligi AS Business Description
Bulls Girisim Sermayesi Yatirim Ortakligi AS provides financial, managerial, and structuring support to growth-stage and medium-sized companies, and ensures that the initiative values will contribute to the Turkish economy with professional capital. The company closely follows opportunities to invest in different sectors with high growth potential, with its corporate knowledge and experience.
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