BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)


IST:BMSTL BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi IST:BMSTL
65 GF Score
Price ₺43.12
GF Value ₺20.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Scaled Net Operating Assets?

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi IST:BMSTL +1.32% 65 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates IST:BMSTL with a GF Score™ of 65/100 and a GF Value™ of ₺20.42 (Significantly Overvalued). The stock has 5 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.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's operating assets for the quarter that ended in Mar. 2026 was ₺2,296 Mil. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's operating liabilities for the quarter that ended in Mar. 2026 was ₺388 Mil. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Total Assets for the quarter that ended in Dec. 2025 was ₺2,502 Mil. Therefore, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Scaled Net Operating Assets Chart

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.39 1.37 1.23 1.07 0.90

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi 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 0.88 0.87 0.85 0.78 0.76

IST:BMSTL vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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.


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Scaled Net Operating Assets falls into.


IST:BMSTL
65GF Score
BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi IST:BMSTL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi 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.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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 )
=(2150.518-273.651)/2082.086
=0.90

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2501.731 - 351.213
=2150.518

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1049.963 - 165.247 - 611.065
=273.651

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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 )
=(2295.76-388.084)/2501.731
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2436.037 - 140.277
=2295.76

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1055.126 - 132.465 - 534.577
=388.084

* 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 0.76 mean?
BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) has a Scaled Net Operating Assets of 0.76 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 BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi and its competitors.
Is BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Scaled Net Operating Assets too high?
BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's current Scaled Net Operating Assets is 0.76. Overall, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Scaled Net Operating Assets compare to NUE and STLD?
BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Scaled Net Operating Assets of 0.76 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi and its competitors. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺20.42, compared to a current price of ₺43.12 — trading 111.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.76. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's overall GF Score™ is 65/100 with 5 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 BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL), the current Scaled Net Operating Assets is 0.76 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 BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Overvalued in 2026?

Based on GuruFocus' analysis, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi stock appears to be overvalued. The current stock price of ₺43.12 is trading 111.2% above its estimated GF Value™ of ₺20.42. GuruFocus considers BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi to be Significantly Overvalued.

Key valuation signals for IST:BMSTL:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: ₺20.42 vs. price of ₺43.12 (111.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs

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


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Business Description

Address Merdivenkoy Mah. Bora Sok., No. 1 Floor 2/6, Kadikoy, Istanbul, TUR
BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi is engaged in galvanized steel wire manufacturing. Its products include armouring wire, hot-dip wire, flat wire among others.
65GF Score

Get the complete analysis for IST:BMSTL

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

₺43.12
Price
₺20.42
GF Value