Net Holding AS (IST:NTHOL) Book Value per Share: ₺184.12 (As of Mar. 2026)

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IST:NTHOL Net Holding AS IST:NTHOL
71 GF Score
Price ₺44.10
GF Value ₺56.10
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Net Holding AS Book Value per Share?

Net Holding AS IST:NTHOL -2.00% 71 Book Value per Share is ₺184.12 as of Mar. 2026. GuruFocus rates IST:NTHOL with a GF Score™ of 71/100 and a GF Value™ of ₺56.10 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Net Holding AS's book value per share for the quarter that ended in Mar. 2026 was ₺184.12.

During the past 12 months, Net Holding AS's average Book Value Per Share Growth Rate was 48.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 41.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 75.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 42.10% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Net Holding AS was 109.70% per year. The lowest was -11.40% per year. And the median was 41.80% per year.

Net Holding AS's current price is ₺44.10. Its book value per share for the quarter that ended in Mar. 2026 was ₺184.12. Hence, today's PB Ratio of Net Holding AS is 0.24.

During the past 13 years, the highest P/B Ratio of Net Holding AS was 0.90. The lowest was 0.03. And the median was 0.33.


Net Holding AS  (IST:NTHOL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Net Holding AS Book Value per Share Related Terms


Net Holding AS Book Value per Share Historical Data

* Premium members only.

The historical data trend for Net Holding AS's Book Value per Share 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.

Net Holding AS Book Value per Share Chart

Net Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.98 58.70 103.08 147.23 167.11

Net Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 124.04 132.28 143.40 167.11 184.12

IST:NTHOL vs BKNG, ABNB, RCL: Book Value per Share Comparison

For the Travel Services subindustry, Net Holding AS's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Net Holding AS PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Net Holding AS's PB Ratio falls into.


IST:NTHOL
71GF Score
Net Holding AS IST:NTHOL
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Net Holding AS Book Value per Share Calculation

Net Holding AS's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(76,371-0)/457
=167.11

Net Holding AS's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(83,965-0)/456
=184.12

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of ₺184.12 mean?
Net Holding AS (IST:NTHOL) has a Book Value per Share of ₺184.12 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Net Holding AS and its competitors.
Is Net Holding AS's Book Value per Share too high?
Net Holding AS's current Book Value per Share is ₺184.12. Overall, Net Holding AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Net Holding AS's Book Value per Share compare to BKNG and ABNB?
Net Holding AS's Book Value per Share of ₺184.12 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Travel & Leisure company?
A good Book Value per Share depends on the Travel & Leisure industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Net Holding AS and its competitors. Net Holding AS's current Book Value per Share is ₺184.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Net Holding AS (IST:NTHOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺56.10, compared to a current price of ₺44.10 — trading 21.4% below its estimated fair value. The current Book Value per Share is ₺184.12. Net Holding AS's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Net Holding AS (IST:NTHOL), the current Book Value per Share is ₺184.12 as of Mar. 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 Net Holding AS (IST:NTHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Net Holding AS stock appears to be undervalued. The current stock price of ₺44.10 is trading 21.4% below its estimated GF Value™ of ₺56.10. GuruFocus considers Net Holding AS to be Modestly Undervalued.

Key valuation signals for IST:NTHOL:

  • Book Value per Share: ₺184.12
  • GF Value™: ₺56.10 vs. price of ₺44.10 (21.4% below fair value)
  • GF Score™: 71/100 with 4 warning signs

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


Net Holding AS Business Description

Address Bade sokak. No. 9, Besiktas Etiler, Istanbul, TUR, 34337
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
71GF Score

Get the complete analysis for IST:NTHOL

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺44.10
Price
₺56.10
GF Value