Celik Halat ve Telnayii AS (IST:CELHA) Scaled Net Operating Assets: 0.81 (As of Mar. 2026)


IST:CELHA Celik Halat ve Tel Sanayii AS IST:CELHA
38 GF Score
Price ₺17.15
GF Value ₺6.59
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Celik Halat ve Telnayii AS Scaled Net Operating Assets?

Celik Halat ve Telnayii AS IST:CELHA -0.69% 38 Scaled Net Operating Assets is 0.81 as of Mar. 2026. GuruFocus rates IST:CELHA with a GF Score™ of 38/100 and a GF Value™ of ₺6.59 (Significantly Overvalued). The stock has 10 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.

Celik Halat ve Telnayii AS's operating assets for the quarter that ended in Mar. 2026 was ₺5,910 Mil. Celik Halat ve Telnayii AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺1,139 Mil. Celik Halat ve Telnayii AS's Total Assets for the quarter that ended in Sep. 2025 was ₺5,882 Mil. Therefore, Celik Halat ve Telnayii AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.81.


Celik Halat ve Telnayii AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Celik Halat ve Telnayii 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.

Celik Halat ve Telnayii AS Scaled Net Operating Assets Chart

Celik Halat ve Telnayii AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.73 0.42 1.28 2.30

Celik Halat ve Telnayii AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 1.73 0.77 0.67 0.81 0.81

IST:CELHA vs CRS, ATI, MLI: Scaled Net Operating Assets Comparison

For the Metal Fabrication subindustry, Celik Halat ve Telnayii 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.


Celik Halat ve Telnayii AS Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Celik Halat ve Telnayii AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Celik Halat ve Telnayii AS's Scaled Net Operating Assets falls into.


IST:CELHA
38GF Score
Celik Halat ve Tel Sanayii AS IST:CELHA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Celik Halat ve Telnayii 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.

Celik Halat ve Telnayii AS's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(4573.755-1142.206)/1489.99
=2.30

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4621.056 - 47.301
=4573.755

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1570.731 - 5.532 - 422.993
=1142.206

Celik Halat ve Telnayii 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: Sep. 2025 )
=(5910.092-1139.148)/5882.38
=0.81

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5936.278 - 26.186
=5910.092

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1531.473 - 0 - 392.325
=1139.148

* 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 0.81 mean?
Celik Halat ve Telnayii AS (IST:CELHA) has a Scaled Net Operating Assets of 0.81 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 Celik Halat ve Telnayii AS and its competitors.
Is Celik Halat ve Telnayii AS's Scaled Net Operating Assets too high?
Celik Halat ve Telnayii AS's current Scaled Net Operating Assets is 0.81. Overall, Celik Halat ve Telnayii AS has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celik Halat ve Telnayii AS's Scaled Net Operating Assets compare to CRS and ATI?
Celik Halat ve Telnayii AS's Scaled Net Operating Assets of 0.81 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Celik Halat ve Telnayii AS and its competitors. Celik Halat ve Telnayii AS's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celik Halat ve Telnayii AS stock overvalued right now?
Based on GuruFocus' analysis, Celik Halat ve Telnayii AS (IST:CELHA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.59, compared to a current price of ₺17.15 — trading 160.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. Celik Halat ve Telnayii AS's overall GF Score™ is 38/100 with 10 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 Celik Halat ve Telnayii AS (IST:CELHA), the current Scaled Net Operating Assets is 0.81 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 Celik Halat ve Telnayii AS (IST:CELHA) Overvalued in 2026?

Based on GuruFocus' analysis, Celik Halat ve Telnayii AS stock appears to be overvalued. The current stock price of ₺17.15 is trading 160.2% above its estimated GF Value™ of ₺6.59. GuruFocus considers Celik Halat ve Telnayii AS to be Significantly Overvalued.

Key valuation signals for IST:CELHA:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: ₺6.59 vs. price of ₺17.15 (160.2% above fair value)
  • GF Score™: 38/100 with 10 warning signs

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


Celik Halat ve Telnayii AS Business Description

Address Ertugrul Gazi Mahallesi Sehitler Caddesi, No:2 Kartepe, Kocaeli, TUR, 41180
Celik Halat ve Tel Sanayii AS is engaged in manufacturing high carbon wire and steel wire ropes. Its products portfolio includes steel wire ropes consisting of Crane Ropes, Chairlift Ropes, Marine Ropes, Mining Ropes, Elevator Ropes, and special ropes; galvanized wire, bead wire, mechanical spring wire; prestressed concrete strand, concrete strand, and concrete wire. Its products are used in various sectors including mining, construction, tire, bead, energy, fishery and other manufacturing industries. Its products are exported to the USA, Canada, Holland, Romania, Serbia, Spain, Italy and other European Countries, Turkmenistan, Azerbaijan and other Turkic Republics.
38GF Score

Get the complete analysis for IST:CELHA

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

₺17.15
Price
₺6.59
GF Value