Turkiye Sigorta AS (IST:TURSG) Scaled Net Operating Assets: -0.33 (As of Mar. 2026)

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IST:TURSG Turkiye Sigorta AS IST:TURSG
42 GF Score
Price ₺6.34
! 2 Warning Signs
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What is Turkiye Sigorta AS Scaled Net Operating Assets?

Turkiye Sigorta AS IST:TURSG -1.71% 42 Scaled Net Operating Assets is -0.33 as of Mar. 2026. GuruFocus rates IST:TURSG with a GF Score™ of 42/100. 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 Sigorta AS's operating assets for the quarter that ended in Mar. 2026 was ₺75,791 Mil. Turkiye Sigorta AS's operating liabilities for the quarter that ended in Mar. 2026 was ₺126,968 Mil. Turkiye Sigorta AS's Total Assets for the quarter that ended in Dec. 2025 was ₺156,976 Mil. Therefore, Turkiye Sigorta AS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.33.

IST:TURSG
42GF Score
Turkiye Sigorta AS IST:TURSG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkiye Sigorta 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 Sigorta 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 )
=(145812.607-105224.33)/96531.142
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=156975.592 - 11162.985
=145812.607

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=105370.888 - 78.599 - 67.959
=105224.33

Turkiye Sigorta 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 )
=(75790.882-126967.804)/156975.592
=-0.33

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=181850.807 - 106059.925
=75790.882

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=127098.792 - 64.853 - 66.135
=126967.804

* 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 -0.33 mean?
Turkiye Sigorta AS (IST:TURSG) has a Scaled Net Operating Assets of -0.33 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 Sigorta AS and its competitors.
Is Turkiye Sigorta AS's Scaled Net Operating Assets too high?
Turkiye Sigorta AS's current Scaled Net Operating Assets is -0.33. Overall, Turkiye Sigorta AS has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Turkiye Sigorta AS's Scaled Net Operating Assets compare to CB and PGR?
Turkiye Sigorta AS's Scaled Net Operating Assets of -0.33 can be compared against companies in the Insurance 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 an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Sigorta AS and its competitors. Turkiye Sigorta AS's current Scaled Net Operating Assets is -0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Sigorta AS stock overvalued right now?
Turkiye Sigorta AS (IST:TURSG) has a current Scaled Net Operating Assets of -0.33. The current Scaled Net Operating Assets is -0.33. Turkiye Sigorta AS's overall GF Score™ is 42/100 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 Sigorta AS (IST:TURSG), the current Scaled Net Operating Assets is -0.33 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.

Turkiye Sigorta AS Business Description

Address Buyukdere Cad. No 110, No. 110, Gunes Plaza, Esentepe Sisli, Istanbul, TUR, 34394
Turkiye Sigorta AS is an insurance provider in Turkey. The company operates in non-life insurance branches consisting of automotive and non-automotive accident, fire, marine, engineering, health, agriculture, liability, financial losses, loan, and legal protection. Its operating business segments are: Fire Insurance, Motor Vehicles Insurance, Motor Vehicles (Land) Liability Insurance, Health Insurance, and Others.
42GF 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.

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