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.
Turcas Holding ASIST:TRCAS +2.50%21 Net Cash per Share is ₺4.61 as of Jun. 2026. GuruFocus rates IST:TRCAS with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 47 Utilities - Independent Power Producers companies, Turcas Holding AS ranks worse than 63.83% on this metric.
The historical rank and industry rank for Turcas Holding AS's Net Cash per Share or its related term are showing as below:
IST:TRCAS'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 7.16 Med: 12.04 Max: 32.64
Current: 10.67
During the past 13 years, the highest Price-to-Net-Cash Ratio of Turcas Holding AS was 32.64. The lowest was 7.16. And the median was 12.04.
IST:TRCAS's Price-to-Net-Cash is ranked worse than 63.83% of 47
companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.26
vs IST:TRCAS: 10.67
Turcas Holding AS (IST:TRCAS) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Turcas Holding AS Net Cash per Share Related Terms
Turcas Holding AS Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Turcas Holding AS's Net Cash 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.
IST:TRCAS vs CEG, VST, NRG: Net Cash per Share Comparison
For the Utilities - Independent Power Producers subindustry, Turcas Holding AS's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Turcas Holding AS's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Turcas Holding AS's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Turcas Holding AS's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (IST:TRCAS) has a Net Cash per Share of ₺4.61 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Turcas Holding AS and its competitors. According to the industry distribution chart, Turcas Holding AS ranks #30 out of 47 companies in the Utilities - Independent Power Producers industry, placing it in the top 63.8%.
Is Turcas Holding AS's Net Cash per Share too high?
Turcas Holding AS's current Net Cash per Share is ₺4.61. Based on the distribution chart, Turcas Holding AS ranks #30 out of 47 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Turcas Holding AS has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Turcas Holding AS's Net Cash per Share compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Turcas Holding AS ranks #30 out of 47 companies for Net Cash per Share. This places Turcas Holding AS in the lower half of its industry. The industry median Net Cash per Share is 5.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Utilities - Independent Power Producers company?
The median Net Cash per Share among Utilities - Independent Power Producers companies is 5.26, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Turcas Holding AS and its competitors. For the Utilities - Independent Power Producers industry, the median Net Cash per Share is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turcas Holding AS's current Net Cash per Share is ₺4.61. 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 Net Cash per Share of ₺4.61. The current Net Cash per Share is ₺4.61. Turcas Holding AS's overall GF Score™ is 21/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Turcas Holding AS (IST:TRCAS), the current Net Cash per Share is ₺4.61 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.
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.
21GF Score
Get the complete analysis for IST:TRCAS
Net Cash per Share 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:TRCAS has been successfully added to your 
