Garanti Yatirim stock: Garanti Yatirim discloses a 2.00-times NAV premium for Garanti Yatirim stock

Published on 10/23/2026 at 04:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 20 disclosure cited TRY 1.98 NAV per share. Garanti Yatirim stock is linked to a TRY 80.3 million portfolio and TRY 74.3 million fund value.

Valuation and operating figures

Garanti Yatirim disclosed a 2.00-times NAV threshold on October 19, 2026.
The portfolio update put NAV per share at TRY 1.98 on October 20, 2026.
Second-quarter 2026 revenue growth was minus 87.50 percent year over year.

Garanti Yatirim, TRAGRNYO91Q5, Illustration mit AI erstellt.

Garanti Yatirim disclosed that its stock price had exceeded twice the net asset value per share on October 19, 2026. The regulatory event put a 2.00-times valuation threshold at the center of the latest update, according to Investing.com.

Three valuation signals since October 6

The chronology shows a sharp change in the stock's valuation context. On October 6, 2026, Garanti Yatirim stock rose 9.89 percent, according to the company's market coverage cited by PiyasamPro. On October 19, 2026, the weighted average share price exceeded twice NAV per share. On October 20, 2026, the portfolio disclosure put total portfolio value at TRY 80.3 million and total fund value at TRY 74.3 million, as TipRanks reported.

What does the NAV premium mean?

The reported NAV per share was TRY 1.981653, while the disclosure said the weighted average market price had moved above twice that value. That gap matters because the trust manages financial instruments, cash equivalents, funds and equities rather than operating as an industrial company. The portfolio value of TRY 80.3 million exceeded the TRY 74.3 million total fund value, leaving investors to weigh the market valuation against the underlying asset base.

Operating results add a risk counterpoint

Valuation is only one side of the picture. PiyasamPro's table of company financial statements shows second-quarter 2026 revenue growth of minus 87.50 percent year over year and a net margin of minus 62.00 percent. The same page identifies Garanti Yatirim Ortakligi as a securities investment trust listed on Borsa Istanbul under ticker GRNYO. The contrast is concrete: the latest disclosure highlighted a premium above NAV, while the second-quarter operating comparison showed weaker revenue and negative profitability.

Stock perspective

For investors, the central question is whether the premium reflects portfolio quality, market demand or a valuation gap that can narrow. The October 20 figures provide a dated reference for that assessment, while the second-quarter margin keeps profitability in the discussion.