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 Naturel Yenilenebilir Enerji Ticaret's Net Current Asset Value or its related term are showing as below:
IST:NATEN's Price-to-Net-Current-Asset-Value is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 5.21 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) 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.
Naturel Yenilenebilir Enerji Ticaret Net Current Asset Value Related Terms
Naturel Yenilenebilir Enerji Ticaret 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.
Naturel Yenilenebilir Enerji Ticaret Net Current Asset Value Chart
Naturel Yenilenebilir Enerji Ticaret Net Current Asset Value Competitor Comparison
For the Utilities - Renewable subindustry, Naturel Yenilenebilir Enerji Ticaret'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.
Naturel Yenilenebilir Enerji Ticaret Price-to-Net-Current-Asset-Value vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Naturel Yenilenebilir Enerji Ticaret's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Naturel Yenilenebilir Enerji Ticaret'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 ₺-24.20 mean?
Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) has a Net Current Asset Value of ₺-24.20 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 Naturel Yenilenebilir Enerji Ticaret and its competitors. According to the industry distribution chart, Naturel Yenilenebilir Enerji Ticaret ranks #999999 out of 104 companies in the Utilities - Independent Power Producers industry.
Is Naturel Yenilenebilir Enerji Ticaret's Net Current Asset Value too high?
Naturel Yenilenebilir Enerji Ticaret's current Net Current Asset Value is ₺-24.20. Based on the distribution chart, Naturel Yenilenebilir Enerji Ticaret ranks #999999 out of 104 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Naturel Yenilenebilir Enerji Ticaret has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Naturel Yenilenebilir Enerji Ticaret's Net Current Asset Value compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Naturel Yenilenebilir Enerji Ticaret ranks #999999 out of 104 companies for Net Current Asset Value. This places Naturel Yenilenebilir Enerji Ticaret in the lower half of its industry. The industry median Net Current Asset Value is 5.21. 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 Utilities - Independent Power Producers company?
The median Net Current Asset Value among Utilities - Independent Power Producers companies is 5.21, based on 104 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 Naturel Yenilenebilir Enerji Ticaret and its competitors. For the Utilities - Independent Power Producers industry, the median Net Current Asset Value is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naturel Yenilenebilir Enerji Ticaret's current Net Current Asset Value is ₺-24.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturel Yenilenebilir Enerji Ticaret stock overvalued right now?
Based on GuruFocus' analysis, Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) is currently considered Fairly Valued. The stock's GF Value™ is ₺6.60, compared to a current price of ₺6.45 — trading 2.3% below its estimated fair value. The current Net Current Asset Value is ₺-24.20. Naturel Yenilenebilir Enerji Ticaret's overall GF Score™ is 59/100 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 Naturel Yenilenebilir Enerji Ticaret (IST:NATEN), the current Net Current Asset Value is ₺-24.20 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 Naturel Yenilenebilir Enerji Ticaret (IST:NATEN) Overvalued in 2026?
Based on GuruFocus' analysis, Naturel Yenilenebilir Enerji Ticaret stock appears to be undervalued.
The current stock price of ₺6.45 is trading 2.3% below its estimated GF Value™ of ₺6.60.
GuruFocus considers Naturel Yenilenebilir Enerji Ticaret to be Fairly Valued.
Key valuation signals for IST:NATEN:
Net Current Asset Value: ₺-24.20
GF Value™: ₺6.60 vs. price of ₺6.45 (2.3% below fair value)
No single metric tells the full story. See the IST:NATEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naturel Yenilenebilir Enerji Ticaret Business Description
Naturel Yenilenebilir Enerji Ticaret is a Turkey-based company engaged in the business of Renewable energy. The electricity generation services offered by the company include Common services, Wind Plants, Solar Plants, and Geo-Thermal Plants among others. It also offers other services such as Wind Measurement, Solar Measurement, and solutions for power transmission lines.
59GF Score
Get the complete analysis for IST:NATEN
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