Aselsan Elektroniknayi Ve Ticaret ASIST:ASELS -1.11%79 Net Current Asset Value is ₺0.82 as of Mar. 2026, which is 100% below its 10-year median of 16.37. GuruFocus rates IST:ASELS with a GF Score™ of 79/100 and a GF Value™ of ₺113.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 197 Aerospace & Defense companies, Aselsan Elektroniknayi Ve Ticaret AS ranks worse than 99.49% on this metric.
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).
The historical rank and industry rank for Aselsan Elektroniknayi Ve Ticaret AS's Net Current Asset Value or its related term are showing as below:
IST:ASELS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.4 Med: 16.37 Max: 3016
Current: 435.98
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Aselsan Elektroniknayi Ve Ticaret AS was 3016.00. The lowest was 8.40. And the median was 16.37.
IST:ASELS's Price-to-Net-Current-Asset-Value is ranked worse than 99.49% of 197
companies
in the Aerospace & Defense industry
Industry Median: 8.12
vs IST:ASELS: 435.98
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) 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 Grahams 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.
Aselsan Elektroniknayi Ve Ticaret AS Net Current Asset Value Related Terms
Aselsan Elektroniknayi Ve Ticaret AS Net Current Asset Value Historical Data
* 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.
Aselsan Elektroniknayi Ve Ticaret AS Net Current Asset Value Chart
IST:ASELS vs SPCX, GE, RTX: Net Current Asset Value Comparison
For the Aerospace & Defense subindustry, Aselsan Elektroniknayi Ve Ticaret 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.
Aselsan Elektroniknayi Ve Ticaret AS Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Aselsan Elektroniknayi Ve Ticaret AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Aselsan Elektroniknayi Ve Ticaret AS's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of ₺0.82 mean?
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) has a Net Current Asset Value of ₺0.82 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Aselsan Elektroniknayi Ve Ticaret AS and its competitors. This is 95% below median its historical median of 16.37. Over the past decade, Aselsan Elektroniknayi Ve Ticaret AS's Net Current Asset Value has ranged from 8.40 to 3,016.00. According to the industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #196 out of 197 companies in the Aerospace & Defense industry, placing it in the top 99.5%.
Is Aselsan Elektroniknayi Ve Ticaret AS's Net Current Asset Value too high?
Aselsan Elektroniknayi Ve Ticaret AS's current Net Current Asset Value of ₺0.82 is 95% below median its 10-year median of 16.37. Over the past 10 years, this metric has ranged from a low of 8.40 to a high of 3,016.00. Based on the distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #196 out of 197 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Aselsan Elektroniknayi Ve Ticaret AS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aselsan Elektroniknayi Ve Ticaret AS's Net Current Asset Value compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #196 out of 197 companies for Net Current Asset Value. This places Aselsan Elektroniknayi Ve Ticaret AS in the lower half of its industry. The industry median Net Current Asset Value is 8.12. Historically, Aselsan Elektroniknayi Ve Ticaret AS's own Net Current Asset Value has ranged from 8.40 to 3,016.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 8.12, based on 197 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Aselsan Elektroniknayi Ve Ticaret AS and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 8.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aselsan Elektroniknayi Ve Ticaret AS's current Net Current Asset Value is ₺0.82, which is 95% below median its own 10-year median of 16.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aselsan Elektroniknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺113.46, compared to a current price of ₺357.50 — trading 215.1% above its estimated fair value. The current Net Current Asset Value is ₺0.82, which is 95% below median its 10-year median of 16.37. Aselsan Elektroniknayi Ve Ticaret AS's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS), the current Net Current Asset Value is ₺0.82 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 Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Overvalued in 2026?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺357.50 is trading 215.1% above its estimated GF Value™ of ₺113.46.
GuruFocus considers Aselsan Elektroniknayi Ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:ASELS:
Net Current Asset Value: ₺0.82 (95% below median its 10-year median of 16.37)
GF Value™: ₺113.46 vs. price of ₺357.50 (215.1% above fair value)
No single metric tells the full story. See the IST:ASELS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aselsan Elektroniknayi Ve Ticaret AS Business Description
Aselsan Elektronik Sanayi Ve Ticaret AS provides defense technologies to the Turkish armed forces. Additionally, it exports systems and solutions to clients in other countries and has taken on civil projects. Its products may help with communications, radars, sensing, or other defense systems to enhance proficiencies within the industrials sector. Marketing efforts may be geared toward a specific customer or specific segment in the market, and plans are implemented to showcase product capabilities.
79GF Score
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