Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) Scaled Net Operating Assets: 0.77 (As of Mar. 2026)


IST:SERNT Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
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Price ₺9.66
! 8 Warning Signs
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What is Seranit Granit Seramiknayi ve Ticaret AS Scaled Net Operating Assets?

Seranit Granit Seramiknayi ve Ticaret AS IST:SERNT -2.33% 9 Scaled Net Operating Assets is 0.77 as of Mar. 2026. GuruFocus rates IST:SERNT with a GF Score™ of 9/100. 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.

Seranit Granit Seramiknayi ve Ticaret AS's operating assets for the quarter that ended in Mar. 2026 was ₺13,483 Mil. Seranit Granit Seramiknayi ve Ticaret AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺3,820 Mil. Seranit Granit Seramiknayi ve Ticaret AS's Total Assets for the quarter that ended in Dec. 2025 was ₺12,473 Mil. Therefore, Seranit Granit Seramiknayi ve Ticaret AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.


Seranit Granit Seramiknayi ve Ticaret AS Scaled Net Operating Assets Historical Data

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The historical data trend for Seranit Granit Seramiknayi ve Ticaret 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.

Seranit Granit Seramiknayi ve Ticaret AS Scaled Net Operating Assets Chart

Seranit Granit Seramiknayi ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.69 0.73 0.85 1.16 0.76

Seranit Granit Seramiknayi ve Ticaret AS Quarterly Data
Dec21 Dec22 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 0.67 0.84 0.80 0.80 0.78

IST:SERNT vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, Seranit Granit Seramiknayi ve Ticaret 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.


Seranit Granit Seramiknayi ve Ticaret AS Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Seranit Granit Seramiknayi ve Ticaret AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Seranit Granit Seramiknayi ve Ticaret AS's Scaled Net Operating Assets falls into.


IST:SERNT
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Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
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Seranit Granit Seramiknayi ve Ticaret 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.

Seranit Granit Seramiknayi ve Ticaret 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 )
=(12411.292-3083.023)/12257.969
=0.76

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12473.334 - 62.042
=12411.292

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8034.972 - 2873.43 - 2078.519
=3083.023

Seranit Granit Seramiknayi ve Ticaret 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 )
=(13482.664-3820.005)/12473.334
=0.77

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13539.734 - 57.07
=13482.664

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8978.402 - 3044.445 - 2113.952
=3820.005

* 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 0.77 mean?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a Scaled Net Operating Assets of 0.77 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 Seranit Granit Seramiknayi ve Ticaret AS and its competitors.
Is Seranit Granit Seramiknayi ve Ticaret AS's Scaled Net Operating Assets too high?
Seranit Granit Seramiknayi ve Ticaret AS's current Scaled Net Operating Assets is 0.77. Overall, Seranit Granit Seramiknayi ve Ticaret AS has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Seranit Granit Seramiknayi ve Ticaret AS's Scaled Net Operating Assets compare to CRH and VMC?
Seranit Granit Seramiknayi ve Ticaret AS's Scaled Net Operating Assets of 0.77 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 Seranit Granit Seramiknayi ve Ticaret AS and its competitors. Seranit Granit Seramiknayi ve Ticaret AS's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seranit Granit Seramiknayi ve Ticaret AS stock overvalued right now?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a current Scaled Net Operating Assets of 0.77. The current Scaled Net Operating Assets is 0.77. Seranit Granit Seramiknayi ve Ticaret AS's overall GF Score™ is 9/100 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 Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT), the current Scaled Net Operating Assets is 0.77 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.

Seranit Granit Seramiknayi ve Ticaret AS Business Description

Address Huseyin Baykara Sk. No: 1/3, Uskudar, Sultantepe District, Istanbul, TUR
Seranit Granit Seramik Sanayi ve Ticaret AS is engaged in the production, marketing and trade of building materials such as tiles, granite, porcelain and ceramics. The Company provides sales, definition and marketing of the products it produces through dealership agreements it has concluded with its branches.
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