Enka Insaat Venayi ASIST:ENKAI -1.60%88 Net Current Asset Value is ₺22.47 as of Mar. 2026, which is 100% below its 10-year median of 4.31. GuruFocus rates IST:ENKAI with a GF Score™ of 88/100 and a GF Value™ of ₺102.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,055 Construction companies, Enka Insaat Venayi AS ranks worse than 58.1% 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).
Enka Insaat Venayi AS's net current asset value per share for the quarter that ended in Mar. 2026 was ₺22.47.
The historical rank and industry rank for Enka Insaat Venayi AS's Net Current Asset Value or its related term are showing as below:
IST:ENKAI'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.26 Med: 4.31 Max: 30.55
Current: 4.1
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Enka Insaat Venayi AS was 30.55. The lowest was 2.26. And the median was 4.31.
IST:ENKAI's Price-to-Net-Current-Asset-Value is ranked worse than 58.1% of 1055
companies
in the Construction industry
Industry Median: 3.25
vs IST:ENKAI: 4.10
Enka Insaat Venayi AS (IST:ENKAI) 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.
Enka Insaat Venayi AS Net Current Asset Value Related Terms
Enka Insaat Venayi AS Net Current Asset Value Historical Data
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The historical data trend for Enka Insaat Venayi 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.
Enka Insaat Venayi AS Net Current Asset Value Chart
IST:ENKAI vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Enka Insaat Venayi 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.
Enka Insaat Venayi AS Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Enka Insaat Venayi AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Enka Insaat Venayi 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 ₺22.47 mean?
Enka Insaat Venayi AS (IST:ENKAI) has a Net Current Asset Value of ₺22.47 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 Enka Insaat Venayi AS and its competitors. This is 421% above median its historical median of 4.31. Over the past decade, Enka Insaat Venayi AS's Net Current Asset Value has ranged from 2.26 to 30.55. According to the industry distribution chart, Enka Insaat Venayi AS ranks #613 out of 1055 companies in the Construction industry, placing it in the top 58.1%.
Is Enka Insaat Venayi AS's Net Current Asset Value too high?
Enka Insaat Venayi AS's current Net Current Asset Value of ₺22.47 is 421% above median its 10-year median of 4.31. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 30.55. Based on the distribution chart, Enka Insaat Venayi AS ranks #613 out of 1055 companies in the Construction industry, which is below the industry midpoint. Overall, Enka Insaat Venayi AS has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enka Insaat Venayi AS's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Enka Insaat Venayi AS ranks #613 out of 1055 companies for Net Current Asset Value. This places Enka Insaat Venayi AS in the lower half of its industry. The industry median Net Current Asset Value is 3.25. Historically, Enka Insaat Venayi AS's own Net Current Asset Value has ranged from 2.26 to 30.55 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.25, based on 1,055 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 Enka Insaat Venayi AS and its competitors. For the Construction industry, the median Net Current Asset Value is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enka Insaat Venayi AS's current Net Current Asset Value is ₺22.47, which is 421% above median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enka Insaat Venayi AS stock overvalued right now?
Based on GuruFocus' analysis, Enka Insaat Venayi AS (IST:ENKAI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺102.39, compared to a current price of ₺92.05 — trading 10.1% below its estimated fair value. The current Net Current Asset Value is ₺22.47, which is 421% above median its 10-year median of 4.31. Enka Insaat Venayi AS's overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Enka Insaat Venayi AS (IST:ENKAI), the current Net Current Asset Value is ₺22.47 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 Enka Insaat Venayi AS (IST:ENKAI) Overvalued in 2026?
Based on GuruFocus' analysis, Enka Insaat Venayi AS stock appears to be undervalued.
The current stock price of ₺92.05 is trading 10.1% below its estimated GF Value™ of ₺102.39.
GuruFocus considers Enka Insaat Venayi AS to be Modestly Undervalued.
Key valuation signals for IST:ENKAI:
Net Current Asset Value: ₺22.47 (421% above median its 10-year median of 4.31)
GF Value™: ₺102.39 vs. price of ₺92.05 (10.1% below fair value)
No single metric tells the full story. See the IST:ENKAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enka Insaat Ve Sanayi AS provides a full range of design, engineering, construction, and project management services in various sectors. It creates power plants, production facilities, transportation systems, and other construction projects. If needed, the company will engineer and fabricate structures for installation and modularization. Enka Insaat Ve Sanayi has four operating segments: construction contracts; rental, trade and manufacturing; and energy (the majority of total revenue). Additional revenue is generated from aftermarket support and services, and the company utilizes a mix of traditional engineering disciplines to produce results. The company derives the majority of its revenue from Turkey, but the company does operate in various European nations.
88GF Score
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