Turcas Holding AS (IST:TRCAS) 3-Year ROIIC % : -3.00% (As of Dec. 2025)


IST:TRCAS Turcas Holding AS IST:TRCAS
20 GF Score
Price ₺40.96
! 1 Warning Sign
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What is Turcas Holding AS 3-Year ROIIC %?

Turcas Holding AS IST:TRCAS -1.30% 20 3-Year ROIIC % is -3.00 as of Dec. 2025. GuruFocus rates IST:TRCAS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 393 Utilities - Independent Power Producers companies, Turcas Holding AS ranks worse than 67.43% 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. Turcas Holding AS's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -3.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Turcas Holding AS's 3-Year ROIIC % or its related term are showing as below:

IST:TRCAS's 3-Year ROIIC % is ranked worse than
67.43% of 393 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.38 vs IST:TRCAS: -3.00

Turcas Holding AS  (IST:TRCAS) 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.


Turcas Holding AS 3-Year ROIIC % Related Terms


Turcas Holding AS 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Turcas Holding 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.

Turcas Holding AS 3-Year ROIIC % Chart

Turcas Holding 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 -6.95 -1.52 -1.97 -1.96 -3.00

Turcas Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 -3.00 0.00

IST:TRCAS vs CEG, VST, NRG: 3-Year ROIIC % Comparison

For the Utilities - Independent Power Producers subindustry, Turcas Holding 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.


Turcas Holding AS 3-Year ROIIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Turcas Holding AS's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Turcas Holding AS's 3-Year ROIIC % falls into.


IST:TRCAS
20GF Score
Turcas Holding AS IST:TRCAS
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Turcas Holding AS 3-Year ROIIC % Calculation

Turcas Holding 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**
=( -271.326376 (Dec. 2025) - -80.31762 (Dec. 2022) )/( 13053.532 (Dec. 2025) - 6689.315 (Dec. 2022) )
=-191.008756/6364.217
=-3.00%***

* 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 -3.00 mean?
Turcas Holding AS (IST:TRCAS) has a 3-Year ROIIC % of -3.00 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 Turcas Holding AS and its competitors. According to the industry distribution chart, Turcas Holding AS ranks #265 out of 393 companies in the Utilities - Independent Power Producers industry, placing it in the top 67.4%.
Is Turcas Holding AS's 3-Year ROIIC % too high?
Turcas Holding AS's current 3-Year ROIIC % is -3.00. Based on the distribution chart, Turcas Holding AS ranks #265 out of 393 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Turcas Holding AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Turcas Holding AS's 3-Year ROIIC % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Turcas Holding AS ranks #265 out of 393 companies for 3-Year ROIIC %. This places Turcas Holding AS in the lower half of its industry. The industry median 3-Year ROIIC % is 1.38. 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 1.38, based on 393 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 Turcas Holding AS and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turcas Holding AS's current 3-Year ROIIC % is -3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turcas Holding AS stock overvalued right now?
Turcas Holding AS (IST:TRCAS) has a current 3-Year ROIIC % of -3.00. The current 3-Year ROIIC % is -3.00. Turcas Holding AS's overall GF Score™ is 20/100 with 1 warning sign 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 Turcas Holding AS (IST:TRCAS), the current 3-Year ROIIC % is -3.00 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.

Turcas Holding AS Business Description

Address AOS 55th Street No 2, Aksoy Plaza, 7th floor, Sariyer, Istanbul, TUR, 34375
Turcas Holding AS is an oil and energy-focused investment company. It is engaged in fuel distribution and lubricants, conventional energy, and renewable energy fields in Turkey. The company is involved in the operation of Shell-branded fuel stations that offer fuel products and lubricants. The operating segments of the group are Oil, Electricity, and Others. The products that are included in the Oil segment are fuel products, lubricants, and engine oil. The Electricity segment consists of power generation activity.
20GF Score

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