Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Scaled Net Operating Assets: 0.71 (As of Mar. 2026)


IST:ASELS Aselsan Elektronik Sanayi Ve Ticaret AS IST:ASELS
79 GF Score
Price ₺373.50
GF Value ₺113.46
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Aselsan Elektroniknayi Ve Ticaret AS Scaled Net Operating Assets?

Aselsan Elektroniknayi Ve Ticaret AS IST:ASELS +1.63% 79 Scaled Net Operating Assets is 0.71 as of Mar. 2026. GuruFocus rates IST:ASELS with a GF Score™ of 79/100 and a GF Value™ of ₺113.46 (Significantly Overvalued). The stock has 8 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.

Aselsan Elektroniknayi Ve Ticaret AS's operating assets for the quarter that ended in Mar. 2026 was ₺454,013 Mil. Aselsan Elektroniknayi Ve Ticaret AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺149,191 Mil. Aselsan Elektroniknayi Ve Ticaret AS's Total Assets for the quarter that ended in Dec. 2025 was ₺431,587 Mil. Therefore, Aselsan Elektroniknayi Ve Ticaret AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.71.


Aselsan Elektroniknayi Ve Ticaret AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aselsan Elektroniknayi 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.

Aselsan Elektroniknayi Ve Ticaret AS Scaled Net Operating Assets Chart

Aselsan Elektroniknayi Ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.92 1.01 0.95 0.84

Aselsan Elektroniknayi Ve Ticaret AS Quarterly Data
Jun21 Sep21 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 0.56 0.71 0.73 0.82 0.71

IST:ASELS vs GE, RTX, BA: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, Aselsan Elektroniknayi 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.


Aselsan Elektroniknayi Ve Ticaret AS Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aselsan Elektroniknayi Ve Ticaret AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Aselsan Elektroniknayi Ve Ticaret AS's Scaled Net Operating Assets falls into.


IST:ASELS
79GF Score
Aselsan Elektronik Sanayi Ve Ticaret AS IST:ASELS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aselsan Elektroniknayi 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.

Aselsan Elektroniknayi 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 )
=(402500.853-136735.199)/317802.518
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=431587.329 - 29086.476
=402500.853

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=179801.035 - 5031.887 - 38033.949
=136735.199

Aselsan Elektroniknayi 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 )
=(454013.207-149191.215)/431587.329
=0.71

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=485018.937 - 31005.73
=454013.207

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=202281.032 - 4319.259 - 48770.558
=149191.215

* 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 0.71 mean?
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) has a Scaled Net Operating Assets of 0.71 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 Aselsan Elektroniknayi Ve Ticaret AS and its competitors.
Is Aselsan Elektroniknayi Ve Ticaret AS's Scaled Net Operating Assets too high?
Aselsan Elektroniknayi Ve Ticaret AS's current Scaled Net Operating Assets is 0.71. Overall, Aselsan Elektroniknayi Ve Ticaret AS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aselsan Elektroniknayi Ve Ticaret AS's Scaled Net Operating Assets compare to GE and RTX?
Aselsan Elektroniknayi Ve Ticaret AS's Scaled Net Operating Assets of 0.71 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense 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 Aselsan Elektroniknayi Ve Ticaret AS and its competitors. Aselsan Elektroniknayi Ve Ticaret AS's current Scaled Net Operating Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aselsan Elektroniknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺113.46, compared to a current price of ₺373.50 — trading 229.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.71. Aselsan Elektroniknayi Ve Ticaret AS's overall GF Score™ is 79/100 with 8 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 Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS), the current Scaled Net Operating Assets is 0.71 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 Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Overvalued in 2026?

Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺373.50 is trading 229.2% above its estimated GF Value™ of ₺113.46. GuruFocus considers Aselsan Elektroniknayi Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:ASELS:

  • Scaled Net Operating Assets: 0.71
  • GF Value™: ₺113.46 vs. price of ₺373.50 (229.2% above fair value)
  • GF Score™: 79/100 with 8 warning signs

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


Aselsan Elektroniknayi Ve Ticaret AS Business Description

Address Mehmet Akif Ersoy Mahallesi 296, Cadde No.16, Yenimahalle, Ankara, TUR, 06370
Aselsan Elektronik Sanayi Ve Ticaret AS provides defense technologies to the Turkish armed forces. Additionally, it exports systems and solutions to clients in other countries and has taken on civil projects. Its products may help with communications, radars, sensing, or other defense systems to enhance proficiencies within the industrials sector. Marketing efforts may be geared toward a specific customer or specific segment in the market, and plans are implemented to showcase product capabilities.
79GF Score

Get the complete analysis for IST:ASELS

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

₺373.50
Price
₺113.46
GF Value