Denge Yatirim Holding AS (IST:DENGE) Net Current Asset Value: ₺0.10 (As of Mar. 2026) — 91% Below Median


IST:DENGE Denge Yatirim Holding AS IST:DENGE
41 GF Score
Price ₺2.58
GF Value ₺2.01
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Denge Yatirim Holding AS Net Current Asset Value?

Denge Yatirim Holding AS IST:DENGE +4.45% 41 Net Current Asset Value is ₺0.10 as of Mar. 2026, which is 100% below its 10-year median of 1.14. GuruFocus rates IST:DENGE with a GF Score™ of 41/100 and a GF Value™ of ₺2.01 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 359 Transportation companies, Denge Yatirim Holding AS ranks worse than 88.3% 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).

Denge Yatirim Holding AS's net current asset value per share for the quarter that ended in Mar. 2026 was ₺0.10.

The historical rank and industry rank for Denge Yatirim Holding AS's Net Current Asset Value or its related term are showing as below:

IST:DENGE' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.43   Med: 1.14   Max: 101.33
Current: 25.8

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Denge Yatirim Holding AS was 101.33. The lowest was 0.43. And the median was 1.14.

IST:DENGE's Price-to-Net-Current-Asset-Value is ranked worse than
88.3% of 359 companies
in the Transportation industry
Industry Median: 3.96 vs IST:DENGE: 25.80

Denge Yatirim Holding AS  (IST:DENGE) 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.


Denge Yatirim Holding AS Net Current Asset Value Related Terms


Denge Yatirim Holding AS Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Denge Yatirim Holding 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.

Denge Yatirim Holding AS Net Current Asset Value Chart

Denge Yatirim Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -2.63 -0.67 -0.46 0.03

Denge Yatirim Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.56 -0.16 -0.18 0.03 0.10

IST:DENGE vs UPS, FDX, JBHT: Net Current Asset Value Comparison

For the Integrated Freight & Logistics subindustry, Denge Yatirim Holding 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.


Denge Yatirim Holding AS Price-to-Net-Current-Asset-Value vs Transportation Industry

For the Transportation industry and Industrials sector, Denge Yatirim Holding AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Denge Yatirim Holding AS's Price-to-Net-Current-Asset-Value falls into.


IST:DENGE
41GF Score
Denge Yatirim Holding AS IST:DENGE
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Denge Yatirim Holding AS Net Current Asset Value Calculation

Denge Yatirim Holding AS's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(566.963-576.37--25.712-0)/598.942
=0.03

Denge Yatirim Holding AS's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(600.26-567.107--26.176-0)/598.942
=0.10

* 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 ₺0.10 mean?
Denge Yatirim Holding AS (IST:DENGE) has a Net Current Asset Value of ₺0.10 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 Denge Yatirim Holding AS and its competitors. This is 91% below median its historical median of 1.14. Over the past decade, Denge Yatirim Holding AS's Net Current Asset Value has ranged from 0.43 to 101.33. According to the industry distribution chart, Denge Yatirim Holding AS ranks #317 out of 359 companies in the Transportation industry, placing it in the top 88.3%.
Is Denge Yatirim Holding AS's Net Current Asset Value too high?
Denge Yatirim Holding AS's current Net Current Asset Value of ₺0.10 is 91% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 101.33. Based on the distribution chart, Denge Yatirim Holding AS ranks #317 out of 359 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Denge Yatirim Holding AS has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denge Yatirim Holding AS's Net Current Asset Value compare to UPS and FDX?
According to the Transportation industry distribution chart, Denge Yatirim Holding AS ranks #317 out of 359 companies for Net Current Asset Value. This places Denge Yatirim Holding AS in the lower half of its industry. The industry median Net Current Asset Value is 3.96. Historically, Denge Yatirim Holding AS's own Net Current Asset Value has ranged from 0.43 to 101.33 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 a Transportation company?
The median Net Current Asset Value among Transportation companies is 3.96, based on 359 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 Denge Yatirim Holding AS and its competitors. For the Transportation industry, the median Net Current Asset Value is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denge Yatirim Holding AS's current Net Current Asset Value is ₺0.10, which is 91% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denge Yatirim Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Denge Yatirim Holding AS (IST:DENGE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺2.01, compared to a current price of ₺2.58 — trading 28.4% above its estimated fair value. The current Net Current Asset Value is ₺0.10, which is 91% below median its 10-year median of 1.14. Denge Yatirim Holding AS's overall GF Score™ is 41/100 with 7 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 Denge Yatirim Holding AS (IST:DENGE), the current Net Current Asset Value is ₺0.10 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 Denge Yatirim Holding AS (IST:DENGE) Overvalued in 2026?

Based on GuruFocus' analysis, Denge Yatirim Holding AS stock appears to be overvalued. The current stock price of ₺2.58 is trading 28.4% above its estimated GF Value™ of ₺2.01. GuruFocus considers Denge Yatirim Holding AS to be Modestly Overvalued.

Key valuation signals for IST:DENGE:

  • Net Current Asset Value: ₺0.10 (91% below median its 10-year median of 1.14)
  • GF Value™: ₺2.01 vs. price of ₺2.58 (28.4% above fair value)
  • GF Score™: 41/100 with 7 warning signs

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


Denge Yatirim Holding AS Business Description

Address Tower Floor 14 Flat, 1404, Buyukdere Cad. No. 127 B-50 B, Besiktas, Istanbul, TUR, 34330
Denge Yatirim Holding AS operates in the fields of logistics, real estate, technology, and industry. The activities of the company includes Management consulting, Site logistics, Communication, and Real estate investment. The company derives maximum revenue from Site Logistice.
41GF Score

Get the complete analysis for IST:DENGE

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺2.58
Price
₺2.01
GF Value