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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fonet Bilgi Teknolojileri ASIST:FONET +4.05%96 3-Year ROIIC % is 22.69 as of Dec. 2025, which is 15% above its 10-year median of 19.78. GuruFocus rates IST:FONET with a GF Score™ of 96/100 and a GF Value™ of ₺4.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 618 Healthcare Providers & Services companies, Fonet Bilgi Teknolojileri AS ranks better than 74.27% 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.
Fonet Bilgi Teknolojileri AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 22.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
IST:FONET's 3-Year ROIIC % is ranked better than 74.27% of 618
companies
in the Healthcare Providers & Services industry
Industry Median: 3.37
vs IST:FONET: 22.69
Fonet Bilgi Teknolojileri AS (IST:FONET) 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.
Fonet Bilgi Teknolojileri AS 3-Year ROIIC % Related Terms
Fonet Bilgi Teknolojileri 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.
IST:FONET vs VEEV, BTSG, TEM: 3-Year ROIIC % Comparison
For the Health Information Services subindustry, Fonet Bilgi Teknolojileri 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.
Fonet Bilgi Teknolojileri AS 3-Year ROIIC % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Fonet Bilgi Teknolojileri AS's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Fonet Bilgi Teknolojileri AS's 3-Year ROIIC % falls into.
* 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.
Fonet Bilgi Teknolojileri AS (IST:FONET) has a 3-Year ROIIC % of 22.69 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 Fonet Bilgi Teknolojileri AS and its competitors. This is 15% above median its historical median of 19.78. Over the past decade, Fonet Bilgi Teknolojileri AS's 3-Year ROIIC % has ranged from 2.31 to 45.40. According to the industry distribution chart, Fonet Bilgi Teknolojileri AS ranks #159 out of 618 companies in the Healthcare Providers & Services industry, placing it in the top 25.7%.
Is Fonet Bilgi Teknolojileri AS's 3-Year ROIIC % too high?
Fonet Bilgi Teknolojileri AS's current 3-Year ROIIC % of 22.69 is 15% above median its 10-year median of 19.78. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 45.40. The Healthcare Providers & Services industry median 3-Year ROIIC % is 3.37. Fonet Bilgi Teknolojileri AS's value of 22.69 is 573.3% above this industry median. Based on the distribution chart, Fonet Bilgi Teknolojileri AS ranks #159 out of 618 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Fonet Bilgi Teknolojileri AS has a GF Score™ of 96/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fonet Bilgi Teknolojileri AS's 3-Year ROIIC % compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Fonet Bilgi Teknolojileri AS ranks #159 out of 618 companies for 3-Year ROIIC %. This puts Fonet Bilgi Teknolojileri AS in the upper half of its industry. The industry median 3-Year ROIIC % is 3.37. Fonet Bilgi Teknolojileri AS's value of 22.69 is 573.3% above this benchmark. Historically, Fonet Bilgi Teknolojileri AS's own 3-Year ROIIC % has ranged from 2.31 to 45.40 over the past decade. While the company's 10-year median is 19.78 vs. the industry median of 3.37, Fonet Bilgi Teknolojileri 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 Healthcare Providers & Services company?
The median 3-Year ROIIC % among Healthcare Providers & Services companies is 3.37, based on 618 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. Fonet Bilgi Teknolojileri AS's current 3-Year ROIIC % of 22.69 is 573.3% 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 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 Fonet Bilgi Teknolojileri AS and its competitors. For the Healthcare Providers & Services industry, the median 3-Year ROIIC % is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fonet Bilgi Teknolojileri AS's current 3-Year ROIIC % is 22.69, which is 15% above median its own 10-year median of 19.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonet Bilgi Teknolojileri AS stock overvalued right now?
Based on GuruFocus' analysis, Fonet Bilgi Teknolojileri AS (IST:FONET) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺4.13, compared to a current price of ₺5.39 — trading 30.5% above its estimated fair value. The current 3-Year ROIIC % is 22.69, which is 15% above median its 10-year median of 19.78 and 573.3% above the Healthcare Providers & Services industry median of 3.37. Fonet Bilgi Teknolojileri AS's overall GF Score™ is 96/100 with 4 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 Fonet Bilgi Teknolojileri AS (IST:FONET), the current 3-Year ROIIC % is 22.69 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 Fonet Bilgi Teknolojileri AS (IST:FONET) Overvalued in 2026?
Based on GuruFocus' analysis, Fonet Bilgi Teknolojileri AS stock appears to be overvalued.
The current stock price of ₺5.39 is trading 30.5% above its estimated GF Value™ of ₺4.13.
GuruFocus considers Fonet Bilgi Teknolojileri AS to be Significantly Overvalued.
Key valuation signals for IST:FONET:
3-Year ROIIC %: 22.69 (15% above median its 10-year median of 19.78)
GF Value™: ₺4.13 vs. price of ₺5.39 (30.5% above fair value)
Industry Position: 573.3% above the Healthcare Providers & Services median (#159 of 618)
No single metric tells the full story. See the IST:FONET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fonet Bilgi Teknolojileri AS is engaged in providing software for the health care sector. It offers Hospital Information Management Systems, Laboratory Information Systems, software for archiving the medical images, and appointments.
96GF Score
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