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).
IST:MEPET'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.85 Med: 12 Max: 15.47
Current: 6.85
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Mepet Metro Petrol Ve Tesisleri Ve TAS was 15.47. The lowest was 6.85. And the median was 12.00.
IST:MEPET's Price-to-Net-Current-Asset-Value is ranked worse than 64.43% of 298
companies
in the Oil & Gas industry
Industry Median: 3.865
vs IST:MEPET: 6.85
Mepet Metro Petrol Ve Tesisleri Ve TAS (IST:MEPET) 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.
Mepet Metro Petrol Ve Tesisleri Ve TAS Net Current Asset Value Related Terms
Mepet Metro Petrol Ve Tesisleri Ve TAS 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.
Mepet Metro Petrol Ve Tesisleri Ve TAS Net Current Asset Value Chart
Mepet Metro Petrol Ve Tesisleri Ve TAS Annual Data
IST:MEPET vs VLO, MPC, PSX: Net Current Asset Value Comparison
For the Oil & Gas Refining & Marketing subindustry, Mepet Metro Petrol Ve Tesisleri Ve TAS'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.
Mepet Metro Petrol Ve Tesisleri Ve TAS Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mepet Metro Petrol Ve Tesisleri Ve TAS's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Mepet Metro Petrol Ve Tesisleri Ve TAS'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 ₺3.10 mean?
Mepet Metro Petrol Ve Tesisleri Ve TAS (IST:MEPET) has a Net Current Asset Value of ₺3.10 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 Mepet Metro Petrol Ve Tesisleri Ve TAS and its competitors. This is 74% below median its historical median of 12.00. Over the past decade, Mepet Metro Petrol Ve Tesisleri Ve TAS's Net Current Asset Value has ranged from 6.85 to 15.47. According to the industry distribution chart, Mepet Metro Petrol Ve Tesisleri Ve TAS ranks #192 out of 298 companies in the Oil & Gas industry, placing it in the top 64.4%.
Is Mepet Metro Petrol Ve Tesisleri Ve TAS's Net Current Asset Value too high?
Mepet Metro Petrol Ve Tesisleri Ve TAS's current Net Current Asset Value of ₺3.10 is 74% below median its 10-year median of 12.00. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 15.47. Based on the distribution chart, Mepet Metro Petrol Ve Tesisleri Ve TAS ranks #192 out of 298 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Mepet Metro Petrol Ve Tesisleri Ve TAS has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mepet Metro Petrol Ve Tesisleri Ve TAS's Net Current Asset Value compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Mepet Metro Petrol Ve Tesisleri Ve TAS ranks #192 out of 298 companies for Net Current Asset Value. This places Mepet Metro Petrol Ve Tesisleri Ve TAS in the lower half of its industry. The industry median Net Current Asset Value is 3.87. Historically, Mepet Metro Petrol Ve Tesisleri Ve TAS's own Net Current Asset Value has ranged from 6.85 to 15.47 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 Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.87, based on 298 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 Mepet Metro Petrol Ve Tesisleri Ve TAS and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mepet Metro Petrol Ve Tesisleri Ve TAS's current Net Current Asset Value is ₺3.10, which is 74% below median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mepet Metro Petrol Ve Tesisleri Ve TAS stock overvalued right now?
Based on GuruFocus' analysis, Mepet Metro Petrol Ve Tesisleri Ve TAS (IST:MEPET) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.72, compared to a current price of ₺21.24 — trading 216.1% above its estimated fair value. The current Net Current Asset Value is ₺3.10, which is 74% below median its 10-year median of 12.00. Mepet Metro Petrol Ve Tesisleri Ve TAS's overall GF Score™ is 50/100 with 5 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 Mepet Metro Petrol Ve Tesisleri Ve TAS (IST:MEPET), the current Net Current Asset Value is ₺3.10 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 Mepet Metro Petrol Ve Tesisleri Ve TAS (IST:MEPET) Overvalued in 2026?
Based on GuruFocus' analysis, Mepet Metro Petrol Ve Tesisleri Ve TAS stock appears to be overvalued.
The current stock price of ₺21.24 is trading 216.1% above its estimated GF Value™ of ₺6.72.
GuruFocus considers Mepet Metro Petrol Ve Tesisleri Ve TAS to be Significantly Overvalued.
Key valuation signals for IST:MEPET:
Net Current Asset Value: ₺3.10 (74% below median its 10-year median of 12.00)
GF Value™: ₺6.72 vs. price of ₺21.24 (216.1% above fair value)
No single metric tells the full story. See the IST:MEPET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mepet Metro Petrol Ve Tesisleri Ve TAS Business Description
Break Mola Turizm Yatirimlar AS, formerly Mepet Metro Petrol Ve Tesisleri Ve TAS operates in the energy, service, and tourism sectors. Its activities include the operation of roadside rest areas and fuel stations serving road travelers. The company provides food, retail, and other services through its rest area locations and sells fuel and petroleum products through its fuel station network.
50GF Score
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