Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)


IST:HTTBT Hitit Bilgisayar Hizmetleri AS IST:HTTBT
85 GF Score
Price ₺39.86
GF Value ₺83.18
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Hitit Bilgisayar Hizmetleri AS Scaled Net Operating Assets?

Hitit Bilgisayar Hizmetleri AS IST:HTTBT -0.60% 85 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates IST:HTTBT with a GF Score™ of 85/100 and a GF Value™ of ₺83.18 (Significantly Undervalued). The stock has 3 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.

Hitit Bilgisayar Hizmetleri AS's operating assets for the quarter that ended in Mar. 2026 was ₺3,418 Mil. Hitit Bilgisayar Hizmetleri AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺499 Mil. Hitit Bilgisayar Hizmetleri AS's Total Assets for the quarter that ended in Dec. 2025 was ₺3,690 Mil. Therefore, Hitit Bilgisayar Hizmetleri AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


Hitit Bilgisayar Hizmetleri AS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hitit Bilgisayar Hizmetleri 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.

Hitit Bilgisayar Hizmetleri AS Scaled Net Operating Assets Chart

Hitit Bilgisayar Hizmetleri AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.46 1.59 1.01 1.07 1.02

Hitit Bilgisayar Hizmetleri 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 0.82 0.74 0.76 0.77 0.79

IST:HTTBT vs CRM, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Hitit Bilgisayar Hizmetleri 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.


Hitit Bilgisayar Hizmetleri AS Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Hitit Bilgisayar Hizmetleri AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hitit Bilgisayar Hizmetleri AS's Scaled Net Operating Assets falls into.


IST:HTTBT
85GF Score
Hitit Bilgisayar Hizmetleri AS IST:HTTBT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hitit Bilgisayar Hizmetleri 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.

Hitit Bilgisayar Hizmetleri 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 )
=(3137.853-481.228)/2615.996
=1.02

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3689.847 - 551.994
=3137.853

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=721.906 - 44.017 - 196.661
=481.228

Hitit Bilgisayar Hizmetleri 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 )
=(3417.79-499.002)/3689.847
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3717.624 - 299.834
=3417.79

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=557.758 - 41.271 - 17.485
=499.002

* 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 0.79 mean?
Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) has a Scaled Net Operating Assets of 0.79 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 Hitit Bilgisayar Hizmetleri AS and its competitors.
Is Hitit Bilgisayar Hizmetleri AS's Scaled Net Operating Assets too high?
Hitit Bilgisayar Hizmetleri AS's current Scaled Net Operating Assets is 0.79. Overall, Hitit Bilgisayar Hizmetleri AS has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hitit Bilgisayar Hizmetleri AS's Scaled Net Operating Assets compare to CRM and SHOP?
Hitit Bilgisayar Hizmetleri AS's Scaled Net Operating Assets of 0.79 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Hitit Bilgisayar Hizmetleri AS and its competitors. Hitit Bilgisayar Hizmetleri AS's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitit Bilgisayar Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺83.18, compared to a current price of ₺39.86 — trading 52.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. Hitit Bilgisayar Hizmetleri AS's overall GF Score™ is 85/100 with 3 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT), the current Scaled Net Operating Assets is 0.79 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Overvalued in 2026?

Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS stock appears to be undervalued. The current stock price of ₺39.86 is trading 52.1% below its estimated GF Value™ of ₺83.18. GuruFocus considers Hitit Bilgisayar Hizmetleri AS to be Significantly Undervalued.

Key valuation signals for IST:HTTBT:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: ₺83.18 vs. price of ₺39.86 (52.1% below fair value)
  • GF Score™: 85/100 with 3 warning signs

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


Hitit Bilgisayar Hizmetleri AS Business Description

Address Resitpasa Mah. Katar Cad. No: 4/1 Ari, Teknokent 2 Ic Kapi No: 601 34469, Maslak, Istanbul, TUR
Hitit Bilgisayar Hizmetleri AS develops software solutions for airlines, travel companies and airports, carry operations to provide these as a service, to host and to sell. The company operates in a single reporting unit that develop software solutions for the travel industry, especially for airlines, tour operators and airports, providing them as a service, additional development, maintenance and operating activities.
85GF Score

Get the complete analysis for IST:HTTBT

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

₺39.86
Price
₺83.18
GF Value