Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Scaled Net Operating Assets: 0.83 (As of Mar. 2026)


IST:FORMT Formet Metal Ve Cam Sanayi Anonim Sirketi IST:FORMT
62 GF Score
Price ₺2.20
GF Value ₺2.65
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Formet Metal Ve Camnayi Anonim Sirketi Scaled Net Operating Assets?

Formet Metal Ve Camnayi Anonim Sirketi IST:FORMT 62 Scaled Net Operating Assets is 0.83 as of Mar. 2026. GuruFocus rates IST:FORMT with a GF Score™ of 62/100 and a GF Value™ of ₺2.65 (Modestly Undervalued). The stock has 6 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.

Formet Metal Ve Camnayi Anonim Sirketi's operating assets for the quarter that ended in Mar. 2026 was ₺2,930.5 Mil. Formet Metal Ve Camnayi Anonim Sirketi's operating liabilities for the quarter that ended in Mar. 2026 was ₺600.9 Mil. Formet Metal Ve Camnayi Anonim Sirketi's Total Assets for the quarter that ended in Dec. 2025 was ₺2,797.2 Mil. Therefore, Formet Metal Ve Camnayi Anonim Sirketi's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.83.


Formet Metal Ve Camnayi Anonim Sirketi Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Formet Metal Ve Camnayi 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.

Formet Metal Ve Camnayi Anonim Sirketi Scaled Net Operating Assets Chart

Formet Metal Ve Camnayi Anonim Sirketi 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 1.11 2.33 1.24 1.04 0.88

Formet Metal Ve Camnayi 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 0.68 0.83 0.78 0.87 0.83

IST:FORMT vs TT, JCI, CARR: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, Formet Metal Ve Camnayi 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.


Formet Metal Ve Camnayi Anonim Sirketi Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Formet Metal Ve Camnayi Anonim Sirketi's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Formet Metal Ve Camnayi Anonim Sirketi's Scaled Net Operating Assets falls into.


IST:FORMT
62GF Score
Formet Metal Ve Cam Sanayi Anonim Sirketi IST:FORMT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Formet Metal Ve Camnayi 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.

Formet Metal Ve Camnayi 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 )
=(2668.153-456.927)/2513.01
=0.88

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2797.184 - 129.031
=2668.153

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=686.503 - 70.215 - 159.361
=456.927

Formet Metal Ve Camnayi 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 )
=(2930.504-600.882)/2797.184
=0.83

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3006.658 - 76.154
=2930.504

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=781.995 - 46.191 - 134.922
=600.882

* 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?
Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) 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 Formet Metal Ve Camnayi Anonim Sirketi and its competitors.
Is Formet Metal Ve Camnayi Anonim Sirketi's Scaled Net Operating Assets too high?
Formet Metal Ve Camnayi Anonim Sirketi's current Scaled Net Operating Assets is 0.83. Overall, Formet Metal Ve Camnayi Anonim Sirketi has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formet Metal Ve Camnayi Anonim Sirketi's Scaled Net Operating Assets compare to TT and JCI?
Formet Metal Ve Camnayi Anonim Sirketi's Scaled Net Operating Assets of 0.83 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Formet Metal Ve Camnayi Anonim Sirketi and its competitors. Formet Metal Ve Camnayi Anonim Sirketi'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 Formet Metal Ve Camnayi Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺2.65, compared to a current price of ₺2.20 — trading 17% below its estimated fair value. The current Scaled Net Operating Assets is 0.83. Formet Metal Ve Camnayi Anonim Sirketi's overall GF Score™ is 62/100 with 6 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT), 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.

Is Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Overvalued in 2026?

Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi stock appears to be undervalued. The current stock price of ₺2.20 is trading 17% below its estimated GF Value™ of ₺2.65. GuruFocus considers Formet Metal Ve Camnayi Anonim Sirketi to be Modestly Undervalued.

Key valuation signals for IST:FORMT:

  • Scaled Net Operating Assets: 0.83
  • GF Value™: ₺2.65 vs. price of ₺2.20 (17% below fair value)
  • GF Score™: 62/100 with 6 warning signs

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


Formet Metal Ve Camnayi Anonim Sirketi Business Description

Address Caddesi No. 18, Organize Sanayi Bolgesi 9, Kayseri, TUR
Formet Metal Ve Cam Sanayi Anonim Sirketi manufactures and sells steel doors. It offers products such as Panel Series, Neo Series, Eko Series, and others. The company also provides various accessories such as Knob 204, Knob 208, Kumru 1301 Gold, and other related accessories.
62GF Score

Get the complete analysis for IST:FORMT

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

₺2.20
Price
₺2.65
GF Value