Marba\u015f Menkul De\u011ferler taraf\u0131ndan yay\u0131mlanan Holding B\u00fclteni\u2019ne g\u00f6re, ara\u015ft\u0131rma kapsam\u0131ndaki Anadolu Grubu Holding (AGHOL), Do\u011fan Holding (DOHOL), Ko\u00e7 Holding (KCHOL) ve Sabanc\u0131 Holding (SAHOL) i\u00e7in ortalama net aktif de\u011fer (NAD) iskontosu -y\u00fczde 47,3 seviyesinde hesapland\u0131. \u00a0<\/p>\n
Analizde NAD, holdinglerin i\u015ftiraklerinin piyasa de\u011ferleri, sahiplik oranlar\u0131 ve net nakit\/bor\u00e7 pozisyonlar\u0131 dikkate al\u0131narak hesaplanan ve \u015firketlerin ger\u00e7ek de\u011ferini yans\u0131tan temel bir g\u00f6sterge olarak tan\u0131mland\u0131. \u00a0<\/p>\n
Verilere g\u00f6re holding bazl\u0131 NAD iskontolar\u0131 \u015fu \u015fekilde s\u0131raland\u0131: AGHOL: – y\u00fczde 43,2\u00a0 \u00a0 \u00a0 \u00a0 DOHOL: – y\u00fczde 55,3 KCHOL: – y\u00fczde 35,2 SAHOL: – y\u00fczde 55,5 \u00a0<\/p>\n
Bu sonu\u00e7lara g\u00f6re \u00f6zellikle Do\u011fan Holding ve Sabanc\u0131 Holding\u2019in NAD\u2019a g\u00f6re daha y\u00fcksek iskontoyla i\u015flem g\u00f6rd\u00fc\u011f\u00fc dikkat \u00e7ekti. Ko\u00e7 Holding ise di\u011fer holdinglere k\u0131yasla daha d\u00fc\u015f\u00fck iskontolu g\u00f6r\u00fcn\u00fcm sergiledi. \u00a0<\/p>\n
Analizde ayr\u0131ca g\u00fcncel NAD\u2019\u0131n, holdinglerin ba\u011fl\u0131 ortakl\u0131klar\u0131n\u0131n piyasa de\u011ferlerindeki de\u011fi\u015fimlere ba\u011fl\u0131 olarak s\u00fcrekli g\u00fcncellendi\u011fi ve iskontolar\u0131n bu de\u011fi\u015fken yap\u0131ya g\u00f6re \u015fekillendi\u011fi ifade edildi. \u00a0<\/p>\n
Marba\u015f Menkul, s\u00f6z konusu verilerin bilgilendirme ama\u00e7l\u0131 oldu\u011funu ve yat\u0131r\u0131m tavsiyesi niteli\u011fi ta\u015f\u0131mad\u0131\u011f\u0131n\u0131 da vurgulad\u0131.<\/p>\n
<\/strong> \u0130stanbul, 30 Haziran (Hibya) -Marba\u015f Menkul De\u011ferler analizine g\u00f6re AGHOL, DOHOL, KCHOL ve SAHOL\u2019de ortalama net aktif de\u011fer (NAD) iskontosu y\u00fczde 47,3 seviyesinde ger\u00e7ekle\u015firken, holdinglerin piyasa de\u011ferlemelerinde iskontolu g\u00f6r\u00fcn\u00fcm dikkat \u00e7ekti.<\/p>\n","protected":false},"author":1,"featured_media":106900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[4,1,9],"tags":[],"class_list":["post-106899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/106899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=106899"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/106899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/106900"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=106899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=106899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=106899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"