Turk Hava Yollari AO (IST:THYAO) 3-Year Book Growth Rate: 71.50% (As of Jun. 2026) — 133% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

IST:THYAO Turk Hava Yollari AO IST:THYAO
78 GF Score
Price ₺285.50
GF Value ₺510.61
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Turk Hava Yollari AO 3-Year Book Growth Rate?

Turk Hava Yollari AO IST:THYAO -1.30% 78 3-Year Book Growth Rate is 71.50% as of Jun. 2026, which is 133% above its 10-year median of 30.70. GuruFocus rates IST:THYAO with a GF Score™ of 78/100 and a GF Value™ of ₺510.61 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 957 Transportation companies, Turk Hava Yollari AO ranks better than 93.83% on this metric.

Turk Hava Yollari AO's Book Value per Share for the quarter that ended in Jun. 2026 was ₺742.12.

During the past 12 months, Turk Hava Yollari AO's average Book Value per Share Growth Rate was 35.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 71.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 89.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 56.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Turk Hava Yollari AO was 122.00% per year. The lowest was 12.20% per year. And the median was 30.70% per year.


Turk Hava Yollari AO  (IST:THYAO) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Turk Hava Yollari AO 3-Year Book Growth Rate Related Terms


IST:THYAO vs DAL, UAL, LUV: 3-Year Book Growth Rate Comparison

For the Airlines subindustry, Turk Hava Yollari AO's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.


Turk Hava Yollari AO 3-Year Book Growth Rate vs Transportation Industry

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's 3-Year Book Growth Rate falls into.


IST:THYAO
78GF Score
Turk Hava Yollari AO IST:THYAO
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turk Hava Yollari AO 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of 71.50% mean?
Turk Hava Yollari AO (IST:THYAO) has a 3-Year Book Growth Rate of 71.50% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Turk Hava Yollari AO and its competitors. This is 133% above median its historical median of 30.70. Over the past decade, Turk Hava Yollari AO's 3-Year Book Growth Rate has ranged from 12.20 to 122.00. According to the industry distribution chart, Turk Hava Yollari AO ranks #59 out of 957 companies in the Transportation industry, placing it in the top 6.2%.
Is Turk Hava Yollari AO's 3-Year Book Growth Rate too high?
Turk Hava Yollari AO's current 3-Year Book Growth Rate of 71.50% is 133% above median its 10-year median of 30.70. Over the past 10 years, this metric has ranged from a low of 12.20 to a high of 122.00. The Transportation industry median 3-Year Book Growth Rate is 6.00. Turk Hava Yollari AO's value of 71.50% is 1091.7% above this industry median. Based on the distribution chart, Turk Hava Yollari AO ranks #59 out of 957 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Turk Hava Yollari AO has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Turk Hava Yollari AO's 3-Year Book Growth Rate compare to DAL and UAL?
According to the Transportation industry distribution chart, Turk Hava Yollari AO ranks #59 out of 957 companies for 3-Year Book Growth Rate. This places Turk Hava Yollari AO in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 6.00. Turk Hava Yollari AO's value of 71.50% is 1091.7% above this benchmark. Historically, Turk Hava Yollari AO's own 3-Year Book Growth Rate has ranged from 12.20 to 122.00 over the past decade. While the company's 10-year median is 30.70 vs. the industry median of 6.00, Turk Hava Yollari AO 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 Book Growth Rate for a Transportation company?
The median 3-Year Book Growth Rate among Transportation companies is 6.00, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turk Hava Yollari AO's current 3-Year Book Growth Rate of 71.50% is 1091.7% 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 Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Turk Hava Yollari AO and its competitors. For the Transportation industry, the median 3-Year Book Growth Rate is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Hava Yollari AO's current 3-Year Book Growth Rate is 71.50%, which is 133% above median its own 10-year median of 30.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Hava Yollari AO stock overvalued right now?
Based on GuruFocus' analysis, Turk Hava Yollari AO (IST:THYAO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺510.61, compared to a current price of ₺285.50 — trading 44.1% below its estimated fair value. The current 3-Year Book Growth Rate is 71.50%, which is 133% above median its 10-year median of 30.70 and 1091.7% above the Transportation industry median of 6.00. Turk Hava Yollari AO's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Turk Hava Yollari AO (IST:THYAO), the current 3-Year Book Growth Rate is 71.50% as of Jun. 2026. 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 Turk Hava Yollari AO (IST:THYAO) Overvalued in 2026?

Based on GuruFocus' analysis, Turk Hava Yollari AO stock appears to be undervalued. The current stock price of ₺285.50 is trading 44.1% below its estimated GF Value™ of ₺510.61. GuruFocus considers Turk Hava Yollari AO to be Possible Value Trap.

Key valuation signals for IST:THYAO:

  • 3-Year Book Growth Rate: 71.50% (133% above median its 10-year median of 30.70)
  • GF Value™: ₺510.61 vs. price of ₺285.50 (44.1% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 1091.7% above the Transportation median (#59 of 957)

No single metric tells the full story. See the IST:THYAO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Turk Hava Yollari AO Business Description

Other Exchanges TKHVY:USATU5A:Germany
Address Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has flight networks across the globe, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.
78GF Score

Get the complete analysis for IST:THYAO

3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺285.50
Price
₺510.61
GF Value