Cemas Dokumnayi AS (IST:CEMAS) Scaled Net Operating Assets: 0.80 (As of Dec. 2025)


IST:CEMAS Cemas Dokum Sanayi AS IST:CEMAS
31 GF Score
Price ₺4.50
GF Value ₺2.72
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Cemas Dokumnayi AS Scaled Net Operating Assets?

Cemas Dokumnayi AS IST:CEMAS -4.05% 31 Scaled Net Operating Assets is 0.80 as of Dec. 2025. GuruFocus rates IST:CEMAS with a GF Score™ of 31/100 and a GF Value™ of ₺2.72 (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.

Cemas Dokumnayi AS's operating assets for the quarter that ended in Dec. 2025 was ₺4,622 Mil. Cemas Dokumnayi AS's operating liabilities for the quarter that ended in Dec. 2025 was ₺453 Mil. Cemas Dokumnayi AS's Total Assets for the quarter that ended in Sep. 2025 was ₺5,197 Mil. Therefore, Cemas Dokumnayi AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.80.


Cemas Dokumnayi AS Scaled Net Operating Assets Historical Data

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The historical data trend for Cemas Dokumnayi 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.

Cemas Dokumnayi AS Scaled Net Operating Assets Chart

Cemas Dokumnayi 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 0.94 1.89 1.05 1.01 0.73

Cemas Dokumnayi AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.21 0.72 0.98 0.95 0.80

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

For the Metal Fabrication subindustry, Cemas Dokumnayi 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.


Cemas Dokumnayi AS Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cemas Dokumnayi AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cemas Dokumnayi AS's Scaled Net Operating Assets falls into.


IST:CEMAS
31GF Score
Cemas Dokum Sanayi AS IST:CEMAS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cemas Dokumnayi 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.

Cemas Dokumnayi 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 )
=(4622.342-452.519)/5690.174
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4636.476 - 14.134
=4622.342

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1135.796 - 493.211 - 190.066
=452.519

Cemas Dokumnayi AS's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(4622.342-452.519)/5197.422
=0.80

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4636.476 - 14.134
=4622.342

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1135.796 - 493.211 - 190.066
=452.519

* 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 0.80 mean?
Cemas Dokumnayi AS (IST:CEMAS) has a Scaled Net Operating Assets of 0.80 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cemas Dokumnayi AS and its competitors.
Is Cemas Dokumnayi AS's Scaled Net Operating Assets too high?
Cemas Dokumnayi AS's current Scaled Net Operating Assets is 0.80. Overall, Cemas Dokumnayi AS has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cemas Dokumnayi AS's Scaled Net Operating Assets compare to ATI and CRS?
Cemas Dokumnayi AS's Scaled Net Operating Assets of 0.80 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 Cemas Dokumnayi AS and its competitors. Cemas Dokumnayi AS's current Scaled Net Operating Assets is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemas Dokumnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Cemas Dokumnayi AS (IST:CEMAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺2.72, compared to a current price of ₺4.50 — trading 65.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.80. Cemas Dokumnayi AS's overall GF Score™ is 31/100 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 Cemas Dokumnayi AS (IST:CEMAS), the current Scaled Net Operating Assets is 0.80 as of Dec. 2025. 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 Cemas Dokumnayi AS (IST:CEMAS) Overvalued in 2026?

Based on GuruFocus' analysis, Cemas Dokumnayi AS stock appears to be overvalued. The current stock price of ₺4.50 is trading 65.4% above its estimated GF Value™ of ₺2.72. GuruFocus considers Cemas Dokumnayi AS to be Significantly Overvalued.

Key valuation signals for IST:CEMAS:

  • Scaled Net Operating Assets: 0.80
  • GF Value™: ₺2.72 vs. price of ₺4.50 (65.4% above fair value)
  • GF Score™: 31/100 with 8 warning signs

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


Cemas Dokumnayi AS Business Description

Address Ankara Asfalti 12. Km, Kirsehir, TUR, 40100
Cemas Dokum Sanayi AS is a Turkey-based company engages in the production of grey cast iron, nodular cast iron, and high chromium steel casting.
31GF 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.

₺4.50
Price
₺2.72
GF Value