{"id":86481,"date":"2026-05-18T11:15:11","date_gmt":"2026-05-18T08:15:11","guid":{"rendered":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/05\/18\/net-aktif-deger-uzerine-piyasa-degerlendirmesi"},"modified":"2026-05-18T11:15:11","modified_gmt":"2026-05-18T08:15:11","slug":"net-aktif-deger-uzerine-piyasa-degerlendirmesi","status":"publish","type":"post","link":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/05\/18\/net-aktif-deger-uzerine-piyasa-degerlendirmesi\/","title":{"rendered":"Net aktif de\u011fer \u00fczerine piyasa de\u011ferlendirmesi"},"content":{"rendered":"<p data-start=\"63\" data-end=\"320\">Marba\u015f Menkul De\u011ferler taraf\u0131ndan yay\u0131mlanan ara\u015ft\u0131rmaya g\u00f6re, AGHOL, DOHOL, KCHOL ve SAHOL ortalama Net Aktif De\u011fer (NAD) iskontosu -y\u00fczde 44,8 seviyesinde hesapland\u0131. \u0130skontolar\u0131n, holdinglerin g\u00fcncel Net Aktif De\u011ferleri kullan\u0131larak belirlendi\u011fi ifade edildi.<\/p>\n<p data-start=\"322\" data-end=\"986\" data-is-last-node=\"\" data-is-only-node=\"\">Net Aktif De\u011fer (NAD), bir holdingin ekonomik de\u011ferini ortaya koyan temel g\u00f6stergelerden biri olarak tan\u0131mland\u0131. Bu hesaplamada holding b\u00fcnyesindeki ba\u011fl\u0131 ortakl\u0131klar ve i\u015ftiraklerin piyasa de\u011ferleri, \u015firketlerdeki sahiplik oranlar\u0131 dikkate al\u0131narak belirleniyor. Elde edilen toplam varl\u0131k de\u011ferine, holdingin ana \u015firket seviyesindeki nakit ve nakit benzeri varl\u0131klar\u0131 ekleniyor, bor\u00e7luluk durumu (solo net nakit veya net bor\u00e7 pozisyonu) ise d\u00fc\u015f\u00fclerek toplam net de\u011fer hesaplan\u0131yor. Bu kapsamda NAD\u2019nin, holdinglerin do\u011frudan ve dolayl\u0131 yat\u0131r\u0131mlar\u0131n\u0131n yan\u0131 s\u0131ra finansal pozisyonunu da i\u00e7eren, \u015firketin ger\u00e7ek de\u011ferini yans\u0131tan b\u00fct\u00fcnc\u00fcl bir \u00f6l\u00e7\u00fc oldu\u011fu vurguland\u0131.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0 <strong><\/strong><br \/>\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0130stanbul, 18 May\u0131s (Hibya) Marba\u015f Menkul De\u011ferler\u2019in ara\u015ft\u0131rmas\u0131na g\u00f6re AGHOL, DOHOL, KCHOL ve SAHOL i\u00e7in ortalama Net Aktif De\u011fer (NAD) iskontosu -y\u00fczde 44,8 olarak hesapland\u0131.<\/p>\n","protected":false},"author":1,"featured_media":86482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[1,9],"tags":[],"class_list":["post-86481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/86481","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=86481"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/86481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/86482"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=86481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=86481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=86481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}