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Hedef HoldingIST:HEDEF -10.00%61 3-Year ROIIC % is 15.87 as of Dec. 2025, which is at its 10-year median of 15.87. GuruFocus rates IST:HEDEF with a GF Score™ of 61/100 and a GF Value™ of ₺37.70 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 657 Asset Management companies, Hedef Holding ranks better than 65.75% 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.
Hedef Holding's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hedef Holding's 3-Year ROIIC % or its related term are showing as below:
IST:HEDEF's 3-Year ROIIC % is ranked better than 65.75% of 657
companies
in the Asset Management industry
Industry Median: 2.21
vs IST:HEDEF: 15.87
Hedef Holding (IST:HEDEF) 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 Holding 3-Year ROIIC % Related Terms
Hedef Holding 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hedef Holding'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.
IST:HEDEF vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Hedef Holding'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 Holding 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hedef Holding's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hedef Holding'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.
Hedef Holding (IST:HEDEF) has a 3-Year ROIIC % of 15.87 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 Holding and its competitors. This is near median its historical median of 15.87. Over the past decade, Hedef Holding's 3-Year ROIIC % has ranged from 0.89 to 51.63. According to the industry distribution chart, Hedef Holding ranks #225 out of 657 companies in the Asset Management industry, placing it in the top 34.2%.
Is Hedef Holding's 3-Year ROIIC % too high?
Hedef Holding's current 3-Year ROIIC % of 15.87 is near median its 10-year median of 15.87. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 51.63. The Asset Management industry median 3-Year ROIIC % is 2.21. Hedef Holding's value of 15.87 is 618.1% above this industry median. Based on the distribution chart, Hedef Holding ranks #225 out of 657 companies in the Asset Management industry, which is above the industry midpoint. Overall, Hedef Holding has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hedef Holding's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Hedef Holding ranks #225 out of 657 companies for 3-Year ROIIC %. This puts Hedef Holding in the upper half of its industry. The industry median 3-Year ROIIC % is 2.21. Hedef Holding's value of 15.87 is 618.1% above this benchmark. Historically, Hedef Holding's own 3-Year ROIIC % has ranged from 0.89 to 51.63 over the past decade. While the company's 10-year median is 15.87 vs. the industry median of 2.21, Hedef Holding 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 an Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 2.21, based on 657 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 Holding's current 3-Year ROIIC % of 15.87 is 618.1% 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 Hedef Holding and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedef Holding's current 3-Year ROIIC % is 15.87, which is near median its own 10-year median of 15.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedef Holding stock overvalued right now?
Based on GuruFocus' analysis, Hedef Holding (IST:HEDEF) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺37.70, compared to a current price of ₺93.60 — trading 148.3% above its estimated fair value. The current 3-Year ROIIC % is 15.87, which is near median its 10-year median of 15.87 and 618.1% above the Asset Management industry median of 2.21. Hedef Holding's overall GF Score™ is 61/100 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 Holding (IST:HEDEF), the current 3-Year ROIIC % is 15.87 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 Holding (IST:HEDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Hedef Holding stock appears to be overvalued.
The current stock price of ₺93.60 is trading 148.3% above its estimated GF Value™ of ₺37.70.
GuruFocus considers Hedef Holding to be Significantly Overvalued.
Key valuation signals for IST:HEDEF:
3-Year ROIIC %: 15.87 (near median its 10-year median of 15.87)
GF Value™: ₺37.70 vs. price of ₺93.60 (148.3% above fair value)
Industry Position: 618.1% above the Asset Management median (#225 of 657)
No single metric tells the full story. See the IST:HEDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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