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.
Hedef Girisim Sermayesi Yati Ortakligi AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 1.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
IST:HDFGS's 3-Year ROIIC % is ranked worse than 50.77% of 650
companies
in the Asset Management industry
Industry Median: 2.295
vs IST:HDFGS: 1.94
Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) 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.
Hedef Girisim Sermayesi Yati Ortakligi AS 3-Year ROIIC % Related Terms
Hedef Girisim Sermayesi Yati 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.
Hedef Girisim Sermayesi Yati Ortakligi AS 3-Year ROIIC % Chart
Hedef Girisim Sermayesi Yati Ortakligi AS Annual Data
IST:HDFGS vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Hedef Girisim Sermayesi Yati 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.
Hedef Girisim Sermayesi Yati Ortakligi AS 3-Year ROIIC % vs Asset Management Industry
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 1022.484 (Dec. 2025) - 974.898 (Dec. 2022) )
/
( 3744.502 (Dec. 2025) - 1296.49 (Dec. 2022) )
=
47.586
/
2448.012
=
1.94%***
* 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.
Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) has a 3-Year ROIIC % of 1.94 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 Hedef Girisim Sermayesi Yati Ortakligi AS and its competitors. This is 91% below median its historical median of 22.26. According to the industry distribution chart, Hedef Girisim Sermayesi Yati Ortakligi AS ranks #330 out of 650 companies in the Asset Management industry, placing it in the top 50.8%.
Is Hedef Girisim Sermayesi Yati Ortakligi AS's 3-Year ROIIC % too high?
Hedef Girisim Sermayesi Yati Ortakligi AS's current 3-Year ROIIC % of 1.94 is 91% below median its 10-year median of 22.26. The Asset Management industry median 3-Year ROIIC % is 2.30. Hedef Girisim Sermayesi Yati Ortakligi AS's value of 1.94 is 15.5% below this industry median. Based on the distribution chart, Hedef Girisim Sermayesi Yati Ortakligi AS ranks #330 out of 650 companies in the Asset Management industry, which is below the industry midpoint. Overall, Hedef Girisim Sermayesi Yati Ortakligi AS has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hedef Girisim Sermayesi Yati Ortakligi AS's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Hedef Girisim Sermayesi Yati Ortakligi AS ranks #330 out of 650 companies for 3-Year ROIIC %. This places Hedef Girisim Sermayesi Yati Ortakligi AS in the lower half of its industry. The industry median 3-Year ROIIC % is 2.30. Hedef Girisim Sermayesi Yati Ortakligi AS's value of 1.94 is 15.5% below this benchmark. While the company's 10-year median is 22.26 vs. the industry median of 2.30, Hedef Girisim Sermayesi Yati Ortakligi AS has consistently been below 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 an Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 2.30, based on 650 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. Hedef Girisim Sermayesi Yati Ortakligi AS's current 3-Year ROIIC % of 1.94 is 15.5% 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 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 Hedef Girisim Sermayesi Yati Ortakligi AS and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedef Girisim Sermayesi Yati Ortakligi AS's current 3-Year ROIIC % is 1.94, which is 91% below median its own 10-year median of 22.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedef Girisim Sermayesi Yati Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺1.75, compared to a current price of ₺2.65 — trading 51.4% above its estimated fair value. The current 3-Year ROIIC % is 1.94, which is 91% below median its 10-year median of 22.26 and 15.5% below the Asset Management industry median of 2.30. Hedef Girisim Sermayesi Yati Ortakligi AS's overall GF Score™ is 75/100 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 Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS), the current 3-Year ROIIC % is 1.94 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 Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) Overvalued in 2026?
Based on GuruFocus' analysis, Hedef Girisim Sermayesi Yati Ortakligi AS stock appears to be overvalued.
The current stock price of ₺2.65 is trading 51.4% above its estimated GF Value™ of ₺1.75.
GuruFocus considers Hedef Girisim Sermayesi Yati Ortakligi AS to be Significantly Overvalued.
Key valuation signals for IST:HDFGS:
3-Year ROIIC %: 1.94 (91% below median its 10-year median of 22.26)
GF Value™: ₺1.75 vs. price of ₺2.65 (51.4% above fair value)
Industry Position: 15.5% below the Asset Management median (#330 of 650)
No single metric tells the full story. See the IST:HDFGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hedef Girisim Sermayesi Yati Ortakligi AS Business Description
Hedef Girisim Sermayesi Yati Ortakligi AS makes direct and indirect investments across multiple sectors, with a primary focus on finance and technology. Its investment activities span areas including fintech, software, gaming, real estate, agriculture and food, marketing, media and publishing, education, logistics, healthcare products, materials such as polycarbonate and polymers, renewable energy, consulting, blockchain, cryptocurrency, and SaaS. The company holds investments in more than 15 portfolio companies across these sectors.
75GF Score
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