Sekerbank TAS (IST:SKBNK) Scaled Net Operating Assets: 0.14 (As of Mar. 2026)

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IST:SKBNK Sekerbank TAS IST:SKBNK
34 GF Score
Price ₺19.63
GF Value ₺7.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sekerbank TAS Scaled Net Operating Assets?

Sekerbank TAS IST:SKBNK +3.59% 34 Scaled Net Operating Assets is 0.14 as of Mar. 2026. GuruFocus rates IST:SKBNK with a GF Score™ of 34/100 and a GF Value™ of ₺7.09 (Significantly Overvalued). 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.

Sekerbank TAS's operating assets for the quarter that ended in Mar. 2026 was ₺202,277 Mil. Sekerbank TAS's operating liabilities for the quarter that ended in Mar. 2026 was ₺170,741 Mil. Sekerbank TAS's Total Assets for the quarter that ended in Dec. 2025 was ₺222,661 Mil. Therefore, Sekerbank TAS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.14.

IST:SKBNK
34GF Score
Sekerbank TAS IST:SKBNK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sekerbank TAS 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.

Sekerbank TAS'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 )
=(171650.159-157206.913)/129773.23
=0.11

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=222660.546 - 51010.387
=171650.159

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=200892.108 - 43685.195 - 0
=157206.913

Sekerbank TAS'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 )
=(202276.501-170740.734)/222660.546
=0.14

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=254153.065 - 51876.564
=202276.501

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=231696.282 - 60955.548 - 0
=170740.734

* 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 0.14 mean?
Sekerbank TAS (IST:SKBNK) has a Scaled Net Operating Assets of 0.14 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 Sekerbank TAS and its competitors.
Is Sekerbank TAS's Scaled Net Operating Assets too high?
Sekerbank TAS's current Scaled Net Operating Assets is 0.14. Overall, Sekerbank TAS has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sekerbank TAS's Scaled Net Operating Assets compare to PNC and USB?
Sekerbank TAS's Scaled Net Operating Assets of 0.14 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Sekerbank TAS and its competitors. Sekerbank TAS's current Scaled Net Operating Assets is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekerbank TAS stock overvalued right now?
Based on GuruFocus' analysis, Sekerbank TAS (IST:SKBNK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.09, compared to a current price of ₺19.63 — trading 176.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.14. Sekerbank TAS's overall GF Score™ is 34/100 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 Sekerbank TAS (IST:SKBNK), the current Scaled Net Operating Assets is 0.14 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 Sekerbank TAS (IST:SKBNK) Overvalued in 2026?

Based on GuruFocus' analysis, Sekerbank TAS stock appears to be overvalued. The current stock price of ₺19.63 is trading 176.9% above its estimated GF Value™ of ₺7.09. GuruFocus considers Sekerbank TAS to be Significantly Overvalued.

Key valuation signals for IST:SKBNK:

  • Scaled Net Operating Assets: 0.14
  • GF Value™: ₺7.09 vs. price of ₺19.63 (176.9% above fair value)
  • GF Score™: 34/100 with 6 warning signs

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

Sekerbank TAS Business Description

Address Eski Buyukdere Caddesi No: 1/1A, Emniyet Evleri Mahallesi, Kagithane, Istanbul, TUR, 34415
Sekerbank TAS is a co-operative bank operating in Turkey, in Anatolia. The bank focuses on agricultural banking, as well as providing small to midsize enterprise, corporate, and retail banking services. The bank emphasizes its community banking orientation. It has incorporated microfinance lending into its business model to provide equal access across its customer segments. The bank's segments include Corporate/ Commercial, Retail, SME, Treasury /Investment, and Others. It derives the majority of the revenue from Treasury /Investment segment.
34GF Score

Get the complete analysis for IST:SKBNK

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

₺19.63
Price
₺7.09
GF Value