Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
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.
Izdemir Enerji Elektrik Uretim AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -24.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
IST:IZENR's 3-Year ROIIC % is ranked worse than 85.14% of 397
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.15
vs IST:IZENR: -24.73
Izdemir Enerji Elektrik Uretim AS (IST:IZENR) 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.
Izdemir Enerji Elektrik Uretim AS 3-Year ROIIC % Related Terms
Izdemir Enerji Elektrik Uretim 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.
Izdemir Enerji Elektrik Uretim AS 3-Year ROIIC % Chart
IST:IZENR vs CEG, VST, NRG: 3-Year ROIIC % Comparison
For the Utilities - Independent Power Producers subindustry, Izdemir Enerji Elektrik Uretim 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.
Izdemir Enerji Elektrik Uretim AS 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Izdemir Enerji Elektrik Uretim AS's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Izdemir Enerji Elektrik Uretim AS's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 704.944488 (Dec. 2025) - 2932.852 (Dec. 2022) )
/
( 16495.251 (Dec. 2025) - 7486.75 (Dec. 2022) )
=
-2227.907512
/
9008.501
=
-24.73%***
* 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.
Izdemir Enerji Elektrik Uretim AS (IST:IZENR) has a 3-Year ROIIC % of -24.73 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 Izdemir Enerji Elektrik Uretim AS and its competitors. According to the industry distribution chart, Izdemir Enerji Elektrik Uretim AS ranks #338 out of 397 companies in the Utilities - Independent Power Producers industry, placing it in the top 85.1%.
Is Izdemir Enerji Elektrik Uretim AS's 3-Year ROIIC % too high?
Izdemir Enerji Elektrik Uretim AS's current 3-Year ROIIC % is -24.73. Based on the distribution chart, Izdemir Enerji Elektrik Uretim AS ranks #338 out of 397 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Izdemir Enerji Elektrik Uretim AS has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Izdemir Enerji Elektrik Uretim AS's 3-Year ROIIC % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Izdemir Enerji Elektrik Uretim AS ranks #338 out of 397 companies for 3-Year ROIIC %. This places Izdemir Enerji Elektrik Uretim AS in the lower half of its industry. The industry median 3-Year ROIIC % is 1.15. 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 Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.15, based on 397 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. 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 Izdemir Enerji Elektrik Uretim AS and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Izdemir Enerji Elektrik Uretim AS's current 3-Year ROIIC % is -24.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Izdemir Enerji Elektrik Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, Izdemir Enerji Elektrik Uretim AS (IST:IZENR) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺5.30, compared to a current price of ₺8.80 — trading 66% above its estimated fair value. The current 3-Year ROIIC % is -24.73. Izdemir Enerji Elektrik Uretim AS's overall GF Score™ is 77/100 with 8 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 Izdemir Enerji Elektrik Uretim AS (IST:IZENR), the current 3-Year ROIIC % is -24.73 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 Izdemir Enerji Elektrik Uretim AS (IST:IZENR) Overvalued in 2026?
Based on GuruFocus' analysis, Izdemir Enerji Elektrik Uretim AS stock appears to be overvalued.
The current stock price of ₺8.80 is trading 66% above its estimated GF Value™ of ₺5.30.
GuruFocus considers Izdemir Enerji Elektrik Uretim AS to be Significantly Overvalued.
Key valuation signals for IST:IZENR:
3-Year ROIIC %: -24.73
GF Value™: ₺5.30 vs. price of ₺8.80 (66% above fair value)
No single metric tells the full story. See the IST:IZENR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Izdemir Enerji Elektrik Uretim AS is an electricity generation corporation it has been established with the latest technology in accordance with the technical and environmental standards valid in Turkey and internationally which supplies 2.562 million kWh of electrical energy annually. Its power generation facility uses pulverized coal burning technology.
77GF Score
Get the complete analysis for IST:IZENR
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:IZENR has been successfully added to your 
