Tumosan Motor ve Traktornayi ASIST:TMSN 41 Net Current Asset Value is ₺-31.78 as of Mar. 2026. GuruFocus rates IST:TMSN with a GF Score™ of 41/100 and a GF Value™ of ₺24.31 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 143 Farm & Heavy Construction Machinery companies, Tumosan Motor ve Traktornayi AS ranks worse than 699300% 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 Tumosan Motor ve Traktornayi AS's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tumosan Motor ve Traktornayi AS was 24.62. The lowest was 4.38. And the median was 7.31.
IST:TMSN's Price-to-Net-Current-Asset-Value is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 3.67 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Tumosan Motor ve Traktornayi AS (IST:TMSN) 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.
Tumosan Motor ve Traktornayi AS Net Current Asset Value Related Terms
Tumosan Motor ve Traktornayi 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.
Tumosan Motor ve Traktornayi AS Net Current Asset Value Chart
IST:TMSN vs CAT, DE, PCAR: Net Current Asset Value Comparison
For the Farm & Heavy Construction Machinery subindustry, Tumosan Motor ve Traktornayi 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.
Tumosan Motor ve Traktornayi AS Price-to-Net-Current-Asset-Value vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Tumosan Motor ve Traktornayi AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Tumosan Motor ve Traktornayi 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 ₺-31.78 mean?
Tumosan Motor ve Traktornayi AS (IST:TMSN) has a Net Current Asset Value of ₺-31.78 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 Tumosan Motor ve Traktornayi AS and its competitors. Over the past decade, Tumosan Motor ve Traktornayi AS's Net Current Asset Value has ranged from 4.38 to 24.62. According to the industry distribution chart, Tumosan Motor ve Traktornayi AS ranks #999999 out of 143 companies in the Farm & Heavy Construction Machinery industry.
Is Tumosan Motor ve Traktornayi AS's Net Current Asset Value too high?
Tumosan Motor ve Traktornayi AS's current Net Current Asset Value is ₺-31.78. Over the past 10 years, this metric has ranged from a low of 4.38 to a high of 24.62. Based on the distribution chart, Tumosan Motor ve Traktornayi AS ranks #999999 out of 143 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Tumosan Motor ve Traktornayi AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tumosan Motor ve Traktornayi AS's Net Current Asset Value compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Tumosan Motor ve Traktornayi AS ranks #999999 out of 143 companies for Net Current Asset Value. This places Tumosan Motor ve Traktornayi AS in the lower half of its industry. The industry median Net Current Asset Value is 3.67. Historically, Tumosan Motor ve Traktornayi AS's own Net Current Asset Value has ranged from 4.38 to 24.62 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 Farm & Heavy Construction Machinery company?
The median Net Current Asset Value among Farm & Heavy Construction Machinery companies is 3.67, based on 143 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 Tumosan Motor ve Traktornayi AS and its competitors. For the Farm & Heavy Construction Machinery industry, the median Net Current Asset Value is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tumosan Motor ve Traktornayi AS's current Net Current Asset Value is ₺-31.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tumosan Motor ve Traktornayi AS stock overvalued right now?
Based on GuruFocus' analysis, Tumosan Motor ve Traktornayi AS (IST:TMSN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺24.31, compared to a current price of ₺88.00 — trading 262% above its estimated fair value. The current Net Current Asset Value is ₺-31.78. Tumosan Motor ve Traktornayi AS's overall GF Score™ is 41/100 with 9 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 Tumosan Motor ve Traktornayi AS (IST:TMSN), the current Net Current Asset Value is ₺-31.78 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 Tumosan Motor ve Traktornayi AS (IST:TMSN) Overvalued in 2026?
Based on GuruFocus' analysis, Tumosan Motor ve Traktornayi AS stock appears to be overvalued.
The current stock price of ₺88.00 is trading 262% above its estimated GF Value™ of ₺24.31.
GuruFocus considers Tumosan Motor ve Traktornayi AS to be Significantly Overvalued.
Key valuation signals for IST:TMSN:
Net Current Asset Value: ₺-31.78
GF Value™: ₺24.31 vs. price of ₺88.00 (262% above fair value)
No single metric tells the full story. See the IST:TMSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tumosan Motor ve Traktornayi AS Business Description
Tumosan Motor ve Traktor Sanayi AS is a Turkey-based company mainly engaged in manufacturing and production of the diesel engine and tractors. Its products comprise Tractors, Industrial Engines, Agricultural Machinery Engines, Forklifts, and Agricultural Equipments.
41GF Score
Get the complete analysis for IST:TMSN
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:TMSN has been successfully added to your 
