Celebi Hava Servisi AS (IST:CLEBI) Scaled Net Operating Assets: 0.64 (As of Mar. 2026)


IST:CLEBI Celebi Hava Servisi AS IST:CLEBI
72 GF Score
Price ₺1,583.00
GF Value ₺2,272.49
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Celebi Hava Servisi AS Scaled Net Operating Assets?

Celebi Hava Servisi AS IST:CLEBI -0.94% 72 Scaled Net Operating Assets is 0.64 as of Mar. 2026. GuruFocus rates IST:CLEBI with a GF Score™ of 72/100 and a GF Value™ of ₺2,272.49 (Significantly Undervalued). The stock has 4 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.

Celebi Hava Servisi AS's operating assets for the quarter that ended in Mar. 2026 was ₺20,442 Mil. Celebi Hava Servisi AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺4,769 Mil. Celebi Hava Servisi AS's Total Assets for the quarter that ended in Dec. 2025 was ₺24,454 Mil. Therefore, Celebi Hava Servisi AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.64.


Celebi Hava Servisi AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Celebi Hava Servisi 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.

Celebi Hava Servisi AS Scaled Net Operating Assets Chart

Celebi Hava Servisi 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 1.20 0.78 0.97 0.61 0.83

Celebi Hava Servisi 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 0.56 0.70 0.64 0.64

IST:CLEBI vs JOBY, CAAP: Scaled Net Operating Assets Comparison

For the Airports & Air Services subindustry, Celebi Hava Servisi 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.


Celebi Hava Servisi AS Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Celebi Hava Servisi AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Celebi Hava Servisi AS's Scaled Net Operating Assets falls into.


IST:CLEBI
72GF Score
Celebi Hava Servisi AS IST:CLEBI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Celebi Hava Servisi 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.

Celebi Hava Servisi 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 )
=(20643.329-4351.032)/19588.826
=0.83

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24454.235 - 3810.906
=20643.329

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15059.037 - 7261.622 - 3446.383
=4351.032

Celebi Hava Servisi 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 )
=(20442.407-4768.932)/24454.235
=0.64

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24991.468 - 4549.061
=20442.407

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15816.703 - 6946.395 - 4101.376
=4768.932

* 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 0.64 mean?
Celebi Hava Servisi AS (IST:CLEBI) has a Scaled Net Operating Assets of 0.64 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 Celebi Hava Servisi AS and its competitors.
Is Celebi Hava Servisi AS's Scaled Net Operating Assets too high?
Celebi Hava Servisi AS's current Scaled Net Operating Assets is 0.64. Overall, Celebi Hava Servisi AS has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Celebi Hava Servisi AS's Scaled Net Operating Assets compare to JOBY and CAAP?
Celebi Hava Servisi AS's Scaled Net Operating Assets of 0.64 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Celebi Hava Servisi AS and its competitors. Celebi Hava Servisi AS's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celebi Hava Servisi AS stock overvalued right now?
Based on GuruFocus' analysis, Celebi Hava Servisi AS (IST:CLEBI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺2,272.49, compared to a current price of ₺1,583.00 — trading 30.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.64. Celebi Hava Servisi AS's overall GF Score™ is 72/100 with 4 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 Celebi Hava Servisi AS (IST:CLEBI), the current Scaled Net Operating Assets is 0.64 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 Celebi Hava Servisi AS (IST:CLEBI) Overvalued in 2026?

Based on GuruFocus' analysis, Celebi Hava Servisi AS stock appears to be undervalued. The current stock price of ₺1,583.00 is trading 30.3% below its estimated GF Value™ of ₺2,272.49. GuruFocus considers Celebi Hava Servisi AS to be Significantly Undervalued.

Key valuation signals for IST:CLEBI:

  • Scaled Net Operating Assets: 0.64
  • GF Value™: ₺2,272.49 vs. price of ₺1,583.00 (30.3% below fair value)
  • GF Score™: 72/100 with 4 warning signs

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


Celebi Hava Servisi AS Business Description

Address Tayakadin Mahallesi, Nuri Demirag Caddesi No: 39, Arnavutkoy, Istanbul, TUR, 34768
Celebi Hava Servisi AS is a supplier of ground handling services to the aviation industry. The company's primary operating segment includes Ground Handling Services and Cargo and Warehouse Services. Other services include Bridge operation, Lounge, General Aviation and Platinum. It generates maximum revenue from the Ground Handling Services segment. Geographically, it operates in Turkey, Hungary, India, Spain, Tanzania and Germany.
72GF Score

Get the complete analysis for IST:CLEBI

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

₺1,583.00
Price
₺2,272.49
GF Value