Global Yatirim Holding AS (IST:GLYHO) Scaled Net Operating Assets: 0.82 (As of Mar. 2026)


IST:GLYHO Global Yatirim Holding AS IST:GLYHO
41 GF Score
Price ₺17.52
GF Value ₺7.76
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Global Yatirim Holding AS Scaled Net Operating Assets?

Global Yatirim Holding AS IST:GLYHO -4.11% 41 Scaled Net Operating Assets is 0.82 as of Mar. 2026. GuruFocus rates IST:GLYHO with a GF Score™ of 41/100 and a GF Value™ of ₺7.76 (Significantly Overvalued). The stock has 11 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.

Global Yatirim Holding AS's operating assets for the quarter that ended in Mar. 2026 was ₺93,180 Mil. Global Yatirim Holding AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺11,597 Mil. Global Yatirim Holding AS's Total Assets for the quarter that ended in Dec. 2025 was ₺99,726 Mil. Therefore, Global Yatirim Holding AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.82.


Global Yatirim Holding AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Global Yatirim Holding 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.

Global Yatirim Holding AS Scaled Net Operating Assets Chart

Global Yatirim Holding 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 1.11 1.91 1.12 1.03 0.85

Global Yatirim Holding 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 0.64 0.83 0.79 0.83 0.82

IST:GLYHO vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Global Yatirim Holding 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.


Global Yatirim Holding AS Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Global Yatirim Holding AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Global Yatirim Holding AS's Scaled Net Operating Assets falls into.


IST:GLYHO
41GF Score
Global Yatirim Holding AS IST:GLYHO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Yatirim Holding 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.

Global Yatirim Holding 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 )
=(87899.426-11360.911)/89662.936
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=99726.451 - 11827.025
=87899.426

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=78232.995 - 56352.724 - 10519.36
=11360.911

Global Yatirim Holding 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 )
=(93179.72-11597.29)/99726.451
=0.82

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=107716.602 - 14536.882
=93179.72

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=83969.979 - 60065.178 - 12307.511
=11597.29

* 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 0.82 mean?
Global Yatirim Holding AS (IST:GLYHO) has a Scaled Net Operating Assets of 0.82 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 Global Yatirim Holding AS and its competitors.
Is Global Yatirim Holding AS's Scaled Net Operating Assets too high?
Global Yatirim Holding AS's current Scaled Net Operating Assets is 0.82. Overall, Global Yatirim Holding AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Yatirim Holding AS's Scaled Net Operating Assets compare to HON and MMM?
Global Yatirim Holding AS's Scaled Net Operating Assets of 0.82 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Global Yatirim Holding AS and its competitors. Global Yatirim Holding AS's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Yatirim Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Global Yatirim Holding AS (IST:GLYHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.76, compared to a current price of ₺17.52 — trading 125.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.82. Global Yatirim Holding AS's overall GF Score™ is 41/100 with 11 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 Global Yatirim Holding AS (IST:GLYHO), the current Scaled Net Operating Assets is 0.82 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 Global Yatirim Holding AS (IST:GLYHO) Overvalued in 2026?

Based on GuruFocus' analysis, Global Yatirim Holding AS stock appears to be overvalued. The current stock price of ₺17.52 is trading 125.8% above its estimated GF Value™ of ₺7.76. GuruFocus considers Global Yatirim Holding AS to be Significantly Overvalued.

Key valuation signals for IST:GLYHO:

  • Scaled Net Operating Assets: 0.82
  • GF Value™: ₺7.76 vs. price of ₺17.52 (125.8% above fair value)
  • GF Score™: 41/100 with 11 warning signs

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


Global Yatirim Holding AS Business Description

Address Buyukdere Caddesi 193, Block Number 193/2, Sisli, Istanbul, TUR, 34394
Global Yatirim Holding AS operates as an investment holding company in Turkey. The company's operating segment includes Port Operations; Energy Generation; Natural Gas; Mining; Real Estate and Brokerage and Asset Management. It generates maximum revenue from the Port Operations segment. The company operates cruise and commercial port facilities, as well as operates in energy production, renewable energy production, and feldspar mining businesses.
41GF Score

Get the complete analysis for IST:GLYHO

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

₺17.52
Price
₺7.76
GF Value