Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Scaled Net Operating Assets: 0.67 (As of Mar. 2026)


IST:ALFAS Alfa Solar Enerji Sanayi Ve Ticaret AS IST:ALFAS
81 GF Score
Price ₺49.28
GF Value ₺32.78
Valuation Significantly Overvalued
! 14 Warning Signs
View Full Analysis

What is Alfa Solar Enerjinayi Ve Ticaret AS Scaled Net Operating Assets?

Alfa Solar Enerjinayi Ve Ticaret AS IST:ALFAS -3.18% 81 Scaled Net Operating Assets is 0.67 as of Mar. 2026. GuruFocus rates IST:ALFAS with a GF Score™ of 81/100 and a GF Value™ of ₺32.78 (Significantly Overvalued). The stock has 14 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Alfa Solar Enerjinayi Ve Ticaret AS's operating assets for the quarter that ended in Mar. 2026 was ₺11,874 Mil. Alfa Solar Enerjinayi Ve Ticaret AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺3,942 Mil. Alfa Solar Enerjinayi Ve Ticaret AS's Total Assets for the quarter that ended in Dec. 2025 was ₺11,896 Mil. Therefore, Alfa Solar Enerjinayi Ve Ticaret AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.


Alfa Solar Enerjinayi Ve Ticaret AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Alfa Solar Enerjinayi Ve Ticaret AS's Scaled Net Operating Assets 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.

Alfa Solar Enerjinayi Ve Ticaret AS Scaled Net Operating Assets Chart

Alfa Solar Enerjinayi Ve Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.04 0.65 0.67 0.75 0.83

Alfa Solar Enerjinayi Ve Ticaret AS Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.94 0.70 0.67 0.67

IST:ALFAS vs FSLR, NXT, ENPH: Scaled Net Operating Assets Comparison

For the Solar subindustry, Alfa Solar Enerjinayi Ve Ticaret AS's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Alfa Solar Enerjinayi Ve Ticaret AS Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alfa Solar Enerjinayi Ve Ticaret AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Alfa Solar Enerjinayi Ve Ticaret AS's Scaled Net Operating Assets falls into.


IST:ALFAS
81GF Score
Alfa Solar Enerji Sanayi Ve Ticaret AS IST:ALFAS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alfa Solar Enerjinayi Ve Ticaret AS Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Alfa Solar Enerjinayi Ve Ticaret AS's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(10916.37-3033.445)/9479.828
=0.83

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11896.218 - 979.848
=10916.37

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6604.226 - 1514.229 - 2056.552
=3033.445

Alfa Solar Enerjinayi Ve Ticaret AS's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(11874.417-3941.788)/11896.218
=0.67

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13050.156 - 1175.739
=11874.417

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7173.297 - 1435.366 - 1796.143
=3941.788

* 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 Scaled Net Operating Assets of 0.67 mean?
Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) has a Scaled Net Operating Assets of 0.67 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Alfa Solar Enerjinayi Ve Ticaret AS and its competitors.
Is Alfa Solar Enerjinayi Ve Ticaret AS's Scaled Net Operating Assets too high?
Alfa Solar Enerjinayi Ve Ticaret AS's current Scaled Net Operating Assets is 0.67. Overall, Alfa Solar Enerjinayi Ve Ticaret AS has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alfa Solar Enerjinayi Ve Ticaret AS's Scaled Net Operating Assets compare to FSLR and NXT?
Alfa Solar Enerjinayi Ve Ticaret AS's Scaled Net Operating Assets of 0.67 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Alfa Solar Enerjinayi Ve Ticaret AS and its competitors. Alfa Solar Enerjinayi Ve Ticaret AS's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Solar Enerjinayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺32.78, compared to a current price of ₺49.28 — trading 50.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.67. Alfa Solar Enerjinayi Ve Ticaret AS's overall GF Score™ is 81/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS), the current Scaled Net Operating Assets is 0.67 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 Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Overvalued in 2026?

Based on GuruFocus' analysis, Alfa Solar Enerjinayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺49.28 is trading 50.3% above its estimated GF Value™ of ₺32.78. GuruFocus considers Alfa Solar Enerjinayi Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:ALFAS:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: ₺32.78 vs. price of ₺49.28 (50.3% above fair value)
  • GF Score™: 81/100 with 14 warning signs

No single metric tells the full story. See the IST:ALFAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alfa Solar Enerjinayi Ve Ticaret AS Business Description

Address Balgat Mahallesi Mevlana Boulevard, No 139/A, Floor 9, Apartment No - 31, Yelken Plaza, Cankaya, Ankara, TUR
Alfa Solar Enerji Sanayi Ve Ticaret AS engages in the manufacturing of photovoltaic (PV) panels in an ultra-modern facility. Its product portfolio comprises Polycrystalline Panels, Monocrystalline Panels, and half-cut panels.
81GF Score

Get the complete analysis for IST:ALFAS

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺49.28
Price
₺32.78
GF Value