GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turkcell Iletisim Hizmetleri AS (NYSE:TKC) » Definitions » Net Current Asset Value

Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Net Current Asset Value : $-0.88 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Turkcell Iletisim Hizmetleri AS Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Turkcell Iletisim Hizmetleri AS's net current asset value per share for the quarter that ended in Dec. 2023 was $-0.88.

The historical rank and industry rank for Turkcell Iletisim Hizmetleri AS's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Turkcell Iletisim Hizmetleri AS was 4.69. The lowest was 4.69. And the median was 4.69.

TKC's Price-to-Net-Current-Asset-Value is not ranked *
in the Telecommunication Services industry.
Industry Median: 5.065
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Turkcell Iletisim Hizmetleri AS Net Current Asset Value Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri AS's Net Current Asset Value 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.

* Premium members only.

Turkcell Iletisim Hizmetleri AS Net Current Asset Value Chart

Turkcell Iletisim Hizmetleri AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.63 -1.50 -3.16 -1.80 -0.88

Turkcell Iletisim Hizmetleri AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value 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 -1.80 -1.40 -1.41 -1.23 -0.88

Competitive Comparison of Turkcell Iletisim Hizmetleri AS's Net Current Asset Value

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri AS's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Turkcell Iletisim Hizmetleri AS's Price-to-Net-Current-Asset-Value Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Price-to-Net-Current-Asset-Value falls into.



Turkcell Iletisim Hizmetleri AS Net Current Asset Value Calculation

Turkcell Iletisim Hizmetleri AS's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3526.575-4293.551--0.445-0)/872.842
=-0.88

Turkcell Iletisim Hizmetleri AS's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3526.575-4293.551--0.445-0)/872.842
=-0.88

* 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.


Turkcell Iletisim Hizmetleri AS  (NYSE:TKC) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Turkcell Iletisim Hizmetleri AS Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Turkcell Iletisim Hizmetleri AS's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Traded in Other Exchanges
Address
Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.

Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Headlines

From GuruFocus

Turkcell Files Its 2021 Annual Report on Form 20-F

By Business Wire Business Wire 04-14-2022

Turkcell Files Its 2020 Annual Report on Form 20-F

By Business Wire Business Wire 04-26-2021

Turkcell and VEON's Jazz Announce Strategic Partnership for BiP

By Business Wire Business Wire 12-15-2022

Paycell Begins Its European Journey

By Business Wire Business Wire 10-18-2022

Turkcell Safeguards Remote Education and Business Continuity

By Business Wire Business Wire 04-13-2020

BiP Booms Beyond Turkey

By Business Wire Business Wire 01-20-2021