Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Scaled Net Operating Assets: 0.97 (As of Mar. 2026)


IST:TSKB Turkiye Sinai Kalkinma Bankasi AS IST:TSKB
61 GF Score
Price ₺12.21
GF Value ₺15.69
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Turkiye Sinai Kalkinma Bankasi AS Scaled Net Operating Assets?

Turkiye Sinai Kalkinma Bankasi AS IST:TSKB +3.74% 61 Scaled Net Operating Assets is 0.97 as of Mar. 2026. GuruFocus rates IST:TSKB with a GF Score™ of 61/100 and a GF Value™ of ₺15.69 (Modestly Undervalued). The stock has 2 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.

Turkiye Sinai Kalkinma Bankasi AS's operating assets for the quarter that ended in Mar. 2026 was ₺330,502 Mil. Turkiye Sinai Kalkinma Bankasi AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺7,845 Mil. Turkiye Sinai Kalkinma Bankasi AS's Total Assets for the quarter that ended in Dec. 2025 was ₺334,294 Mil. Therefore, Turkiye Sinai Kalkinma Bankasi AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.97.

IST:TSKB
61GF Score
Turkiye Sinai Kalkinma Bankasi AS IST:TSKB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkiye Sinai Kalkinma Bankasi 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.

Turkiye Sinai Kalkinma Bankasi 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 )
=(309703.642-8722.733)/237528.982
=1.27

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=334293.518 - 24589.876
=309703.642

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=287829.793 - 279107.06 - 0
=8722.733

Turkiye Sinai Kalkinma Bankasi 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 )
=(330501.506-7844.861)/334293.518
=0.97

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=353765.203 - 23263.697
=330501.506

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=306556.764 - 298711.903 - 0
=7844.861

* 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 0.97 mean?
Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) has a Scaled Net Operating Assets of 0.97 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 Turkiye Sinai Kalkinma Bankasi AS and its competitors.
Is Turkiye Sinai Kalkinma Bankasi AS's Scaled Net Operating Assets too high?
Turkiye Sinai Kalkinma Bankasi AS's current Scaled Net Operating Assets is 0.97. Overall, Turkiye Sinai Kalkinma Bankasi AS has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turkiye Sinai Kalkinma Bankasi AS's Scaled Net Operating Assets compare to PNC and USB?
Turkiye Sinai Kalkinma Bankasi AS's Scaled Net Operating Assets of 0.97 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 Turkiye Sinai Kalkinma Bankasi AS and its competitors. Turkiye Sinai Kalkinma Bankasi AS's current Scaled Net Operating Assets is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Sinai Kalkinma Bankasi AS stock overvalued right now?
Based on GuruFocus' analysis, Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺15.69, compared to a current price of ₺12.21 — trading 22.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.97. Turkiye Sinai Kalkinma Bankasi AS's overall GF Score™ is 61/100 with 2 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 Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB), the current Scaled Net Operating Assets is 0.97 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 Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Sinai Kalkinma Bankasi AS stock appears to be undervalued. The current stock price of ₺12.21 is trading 22.2% below its estimated GF Value™ of ₺15.69. GuruFocus considers Turkiye Sinai Kalkinma Bankasi AS to be Modestly Undervalued.

Key valuation signals for IST:TSKB:

  • Scaled Net Operating Assets: 0.97
  • GF Value™: ₺15.69 vs. price of ₺12.21 (22.2% below fair value)
  • GF Score™: 61/100 with 2 warning signs

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

Turkiye Sinai Kalkinma Bankasi AS Business Description

Address Meclisi Mebusan Cad. No. 81 Findikli, Beyoglu, Istanbul, TUR, 34427
Turkiye Sinai Kalkinma Bankasi AS is an investment and development bank principally operating in Turkey. The company provides a broad array of corporate banking, investment banking, and consultancy services.
61GF Score

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

₺12.21
Price
₺15.69
GF Value