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Net Holding ASIST:NTHOL -2.00%71 Quick Ratio is 0.86 as of Mar. 2026, which is 7% above its 10-year median of 0.80. GuruFocus rates IST:NTHOL with a GF Score™ of 71/100 and a GF Value™ of ₺56.10 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 856 Travel & Leisure companies, Net Holding AS ranks worse than 61.92% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Net Holding AS's quick ratio for the quarter that ended in Mar. 2026 was 0.86.
Net Holding AS has a quick ratio of 0.86. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Net Holding AS's Quick Ratio or its related term are showing as below:
IST:NTHOL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.8 Max: 2.59
Current: 0.86
During the past 13 years, Net Holding AS's highest Quick Ratio was 2.59. The lowest was 0.36. And the median was 0.80.
IST:NTHOL's Quick Ratio is ranked worse than 61.92% of 856
companies
in the Travel & Leisure industry
Industry Median: 1.145
vs IST:NTHOL: 0.86
Net Holding AS (IST:NTHOL) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Net Holding AS Quick Ratio Related Terms
Net Holding AS Quick Ratio Historical Data
* Premium members only.
The historical data trend for Net Holding AS's Quick Ratio 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.
IST:NTHOL vs BKNG, ABNB, RCL: Quick Ratio Comparison
For the Travel Services subindustry, Net Holding AS's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
Net Holding AS Quick Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Net Holding AS's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Net Holding AS's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Net Holding AS (IST:NTHOL) has a Quick Ratio of 0.86 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Net Holding AS and its competitors. This is near median its historical median of 0.80. Over the past decade, Net Holding AS's Quick Ratio has ranged from 0.36 to 2.59. According to the industry distribution chart, Net Holding AS ranks #530 out of 856 companies in the Travel & Leisure industry, placing it in the top 61.9%.
Is Net Holding AS's Quick Ratio too high?
Net Holding AS's current Quick Ratio of 0.86 is near median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.59. The Travel & Leisure industry median Quick Ratio is 1.15. Net Holding AS's value of 0.86 is 24.9% below this industry median. Based on the distribution chart, Net Holding AS ranks #530 out of 856 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Net Holding AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Net Holding AS's Quick Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Net Holding AS ranks #530 out of 856 companies for Quick Ratio. This places Net Holding AS in the lower half of its industry. The industry median Quick Ratio is 1.15. Net Holding AS's value of 0.86 is 24.9% below this benchmark. Historically, Net Holding AS's own Quick Ratio has ranged from 0.36 to 2.59 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.15, Net Holding AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.15, based on 856 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Net Holding AS's current Quick Ratio of 0.86 is 24.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Net Holding AS and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Net Holding AS's current Quick Ratio is 0.86, which is near median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Net Holding AS (IST:NTHOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺56.10, compared to a current price of ₺44.10 — trading 21.4% below its estimated fair value. The current Quick Ratio is 0.86, which is near median its 10-year median of 0.80 and 24.9% below the Travel & Leisure industry median of 1.15. Net Holding AS's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Net Holding AS (IST:NTHOL), the current Quick Ratio is 0.86 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 Net Holding AS (IST:NTHOL) Overvalued in 2026?
Based on GuruFocus' analysis, Net Holding AS stock appears to be undervalued.
The current stock price of ₺44.10 is trading 21.4% below its estimated GF Value™ of ₺56.10.
GuruFocus considers Net Holding AS to be Modestly Undervalued.
Key valuation signals for IST:NTHOL:
Quick Ratio: 0.86 (near median its 10-year median of 0.80)
GF Value™: ₺56.10 vs. price of ₺44.10 (21.4% below fair value)
Industry Position: 24.9% below the Travel & Leisure median (#530 of 856)
No single metric tells the full story. See the IST:NTHOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
71GF Score
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