Desa Deri venayi Ticaret AS (IST:DESA) 3-Year ROIIC % : 5.82% (As of Dec. 2025) — 83% Below Median

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IST:DESA Desa Deri ve Sanayi Ticaret AS IST:DESA
72 GF Score
Price ₺10.58
GF Value ₺12.25
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Desa Deri venayi Ticaret AS 3-Year ROIIC %?

Desa Deri venayi Ticaret AS IST:DESA +7.52% 72 3-Year ROIIC % is 5.82 as of Dec. 2025, which is 83% below its 10-year median of 34.52. GuruFocus rates IST:DESA with a GF Score™ of 72/100 and a GF Value™ of ₺12.25 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, Desa Deri venayi Ticaret AS ranks better than 58.7% on this metric.

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. Desa Deri venayi Ticaret AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Desa Deri venayi Ticaret AS's 3-Year ROIIC % or its related term are showing as below:

IST:DESA's 3-Year ROIIC % is ranked better than
58.7% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.625 vs IST:DESA: 5.82

Desa Deri venayi Ticaret AS  (IST:DESA) 3-Year ROIIC % Explanation

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.


Desa Deri venayi Ticaret AS 3-Year ROIIC % Related Terms


Desa Deri venayi Ticaret AS 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Desa Deri venayi Ticaret AS's 3-Year ROIIC % 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.

Desa Deri venayi Ticaret AS 3-Year ROIIC % Chart

Desa Deri venayi Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.06 41.09 49.80 27.95 5.82

Desa Deri venayi Ticaret AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % 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 0.00 5.82 0.00 0.00

IST:DESA vs NKE, DECK, ONON: 3-Year ROIIC % Comparison

For the Footwear & Accessories subindustry, Desa Deri venayi Ticaret 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.


Desa Deri venayi Ticaret AS 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Desa Deri venayi Ticaret AS's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Desa Deri venayi Ticaret AS's 3-Year ROIIC % falls into.


IST:DESA
72GF Score
Desa Deri ve Sanayi Ticaret AS IST:DESA
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Desa Deri venayi Ticaret AS 3-Year ROIIC % Calculation

Desa Deri venayi Ticaret AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 473.0956248 (Dec. 2025) - 382.9473244 (Dec. 2022) )/( 2558.251 (Dec. 2025) - 1008.026 (Dec. 2022) )
=90.1483004/1550.225
=5.82%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 5.82 mean?
Desa Deri venayi Ticaret AS (IST:DESA) has a 3-Year ROIIC % of 5.82 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 Desa Deri venayi Ticaret AS and its competitors. This is 83% below median its historical median of 34.52. According to the industry distribution chart, Desa Deri venayi Ticaret AS ranks #418 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 41.3%.
Is Desa Deri venayi Ticaret AS's 3-Year ROIIC % too high?
Desa Deri venayi Ticaret AS's current 3-Year ROIIC % of 5.82 is 83% below median its 10-year median of 34.52. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.63. Desa Deri venayi Ticaret AS's value of 5.82 is 258.2% above this industry median. Based on the distribution chart, Desa Deri venayi Ticaret AS ranks #418 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Desa Deri venayi Ticaret AS has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Desa Deri venayi Ticaret AS's 3-Year ROIIC % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Desa Deri venayi Ticaret AS ranks #418 out of 1012 companies for 3-Year ROIIC %. This puts Desa Deri venayi Ticaret AS in the upper half of its industry. The industry median 3-Year ROIIC % is 1.63. Desa Deri venayi Ticaret AS's value of 5.82 is 258.2% above this benchmark. While the company's 10-year median is 34.52 vs. the industry median of 1.63, Desa Deri venayi Ticaret 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.63, based on 1,012 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. Desa Deri venayi Ticaret AS's current 3-Year ROIIC % of 5.82 is 258.2% 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 Desa Deri venayi Ticaret AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desa Deri venayi Ticaret AS's current 3-Year ROIIC % is 5.82, which is 83% below median its own 10-year median of 34.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desa Deri venayi Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Desa Deri venayi Ticaret AS (IST:DESA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺12.25, compared to a current price of ₺10.58 — trading 13.6% below its estimated fair value. The current 3-Year ROIIC % is 5.82, which is 83% below median its 10-year median of 34.52 and 258.2% above the Manufacturing - Apparel & Accessories industry median of 1.63. Desa Deri venayi Ticaret AS's overall GF Score™ is 72/100 with 2 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 Desa Deri venayi Ticaret AS (IST:DESA), the current 3-Year ROIIC % is 5.82 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.

Is Desa Deri venayi Ticaret AS (IST:DESA) Overvalued in 2026?

Based on GuruFocus' analysis, Desa Deri venayi Ticaret AS stock appears to be undervalued. The current stock price of ₺10.58 is trading 13.6% below its estimated GF Value™ of ₺12.25. GuruFocus considers Desa Deri venayi Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:DESA:

  • 3-Year ROIIC %: 5.82 (83% below median its 10-year median of 34.52)
  • GF Value™: ₺12.25 vs. price of ₺10.58 (13.6% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 258.2% above the Manufacturing - Apparel & Accessories median (#418 of 1012)

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


Desa Deri venayi Ticaret AS Business Description

Address Halkali Cad. Number 208, Sefakoy, Istanbul, TUR, 34295
Desa Deri ve Sanayi Ticaret AS designs, manufactures, markets, and sells leather apparel and accessories for men and women. The company's products include leather jackets, wallets, iPad case, and handbags, among others.
72GF Score

Get the complete analysis for IST:DESA

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

₺10.58
Price
₺12.25
GF Value