Cates Elektrik Uretim AS (IST:CATES) Scaled Net Operating Assets: 0.83 (As of Mar. 2026)


IST:CATES Cates Elektrik Uretim AS IST:CATES
48 GF Score
Price ₺39.58
! 2 Warning Signs
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What is Cates Elektrik Uretim AS Scaled Net Operating Assets?

Cates Elektrik Uretim AS IST:CATES -1.05% 48 Scaled Net Operating Assets is 0.83 as of Mar. 2026. GuruFocus rates IST:CATES with a GF Score™ of 48/100. The stock has 2 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.

Cates Elektrik Uretim AS's operating assets for the quarter that ended in Mar. 2026 was ₺15,159 Mil. Cates Elektrik Uretim AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺2,779 Mil. Cates Elektrik Uretim AS's Total Assets for the quarter that ended in Dec. 2025 was ₺14,980 Mil. Therefore, Cates Elektrik Uretim AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.83.

Cates Elektrik Uretim AS Scaled Net Operating Assets Historical Data

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The historical data trend for Cates Elektrik Uretim 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.

Cates Elektrik Uretim AS Scaled Net Operating Assets Chart

Cates Elektrik Uretim AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 4.16 2.53 0.96 0.66 0.95

Cates Elektrik Uretim AS Quarterly Data
Dec20 Dec21 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 0.70 0.94 0.91 0.98 0.83

IST:CATES vs CEG, VST, NRG: Scaled Net Operating Assets Comparison

For the Utilities - Independent Power Producers subindustry, Cates Elektrik Uretim 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.

Cates Elektrik Uretim AS Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cates Elektrik Uretim AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cates Elektrik Uretim AS's Scaled Net Operating Assets falls into.


IST:CATES
48GF Score
Cates Elektrik Uretim AS IST:CATES
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cates Elektrik Uretim 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.

Cates Elektrik Uretim 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 )
=(13778.992-2125.488)/12300.349
=0.95

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14979.901 - 1200.909
=13778.992

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2220.47 - 83.466 - 11.516
=2125.488

Cates Elektrik Uretim 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 )
=(15158.657-2778.701)/14979.901
=0.83

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16158.886 - 1000.229
=15158.657

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2882.177 - 89.934 - 13.542
=2778.701

* 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 0.83 mean?
Cates Elektrik Uretim AS (IST:CATES) has a Scaled Net Operating Assets of 0.83 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 Cates Elektrik Uretim AS and its competitors.
Is Cates Elektrik Uretim AS's Scaled Net Operating Assets too high?
Cates Elektrik Uretim AS's current Scaled Net Operating Assets is 0.83. Overall, Cates Elektrik Uretim AS has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Cates Elektrik Uretim AS's Scaled Net Operating Assets compare to CEG and VST?
Cates Elektrik Uretim AS's Scaled Net Operating Assets of 0.83 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 Cates Elektrik Uretim AS and its competitors. Cates Elektrik Uretim AS's current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cates Elektrik Uretim AS stock overvalued right now?
Cates Elektrik Uretim AS (IST:CATES) has a current Scaled Net Operating Assets of 0.83. The current Scaled Net Operating Assets is 0.83. Cates Elektrik Uretim AS's overall GF Score™ is 48/100 with 2 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 Cates Elektrik Uretim AS (IST:CATES), the current Scaled Net Operating Assets is 0.83 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.

Cates Elektrik Uretim AS Business Description

Address Sahinler Mahallesi, Sahinler Cluster Houses, Yatagan Thermal Power Plant Site No: 259/1, Mugla, TUR
Cates Elektrik Uretim AS is a company whose main activity is to produce electrical energy and sell the produced electrical energy. It also operates the coal-based Power Plant located in the Catalagzi town of Zonguldak.
48GF Score

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

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