Birikim Varlik Yonetim A.S. (BRKVY) fair value: what the stock is really worth
As of Nov 3, 2026: fair value (intrinsic value) of Birikim Varlik Yonetim A.S. stock TRY 46.80, price TRY 25.74, upside +81.8%, quality 51 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
47‑month range 15.03 TRY – 235.49 TRY · fair‑value band 24.48 TRY – 58.50 TRY · the 25.74 TRY price screens below the 46.80 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
Follow Birikim Varlik Yonetim A.S. in your weekly email
Every Wednesday you see whether Birikim Varlik Yonetim A.S. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Birikim Varlik Yonetim Anonim Sirketi operates as an asset management company in Turkey. The company engages in the purchase and sale of receivables and other assets of banks, private financial institutions, and other financial institutions; and collection of purchased receivables from the debtor.
Show moreShow less
It also provides consultancy and intermediary services in restructuring the receivables and other assets of banks and other financial institutions; and consultancy services to companies in the areas of corporate and financial restructuring, as well as involved in the real estate activities.
The company was incorporated in 2016 and is based in Istanbul, Turkey. Birikim Varlik Yonetim Anonim Sirketi operates as a subsidiary of Altinhas Yatirim Holding A.S.
Stock analysis
Birikim Varlik Yonetim A.S. (BRKVY) currently trades at 25.74 TRY, while our model-based Fair Value estimate is 46.80 TRY, implying the stock looks roughly 45% undervalued today.
Show more
Valuation
Bull case: the Earnings-Based group reads highest at a median of 109.43 TRY per share, and 5 of the 8 models we run sit above the 25.74 TRY price.
Bear case: the Asset-Based group reads lowest at 14.91 TRY, and 3 of the 8 models stay below the price. Data coverage for this calculation is low.
Scenario range: 24.48 TRY (bear) to 58.50 TRY (bull), the price of 25.74 TRY sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Birikim Varlik Yonetim A.S. reported revenue of 1.5B TRY in FY2025 versus 327M TRY in FY2021, a compound +46.2%/yr. Reported net income was 314M TRY in FY2025, compounding +18.1%/yr from FY2021.
Key figures
Market cap 1.4B TRY (≈ $28.8M) Micro · P/E ratio 4.4 · P/S ratio 0.79 · EPS (TTM) 5.82 TRY · Dividend yield 2.1% · Net margin 17.8% · Return on equity 24.8% · Return on assets (EBIT) 34.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 80 out of 100 (low confidence).
What moves the price
The share trades about 80% below its 52-week high and 21% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −18% fair-value upside, at 82%, BRKVY screens cheaper than that median.
Fair Value models
Bear24.48 TRYFair Value 46.80 TRYBull58.50 TRY
Price 25.74 TRY · Upside +81.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (4.47 TRY per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+21.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+61.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+68.6%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in TRY ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TRY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+32.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+30.3%
Dividend (yield on the price)2.1%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.25% → 50%
Compare Birikim Varlik Yonetim A.S. with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 590 stocks
Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside+81.8% · Above median
Profitability
Return on equity (12 months)24.8% · Top 25%
Return on assets11.5% · Top 25%
Net margin (12 months)17.8% · Below median
Operating margin (12 months)47.2% · Above median
Growth and dividend
Revenue growth (quarter YoY)10.2% · Above median
Dividend yield (12 months)2.1% · Below median
Valuation Multiplesvs Asset Management median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Birikim Varlik Yonetim A.S. (BRKVY) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 46.80 TRY versus a price of 25.74 TRY, about +82% upside (undervalued).
What is the fair value of BRKVY?
Our model-based fair value for Birikim Varlik Yonetim A.S. is 46.80 TRY (as of Nov 3, 2026), built from audited fundamentals. The current price: 25.74 TRY.
What is the quality score of BRKVY?
Birikim Varlik Yonetim A.S. has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Birikim Varlik Yonetim A.S. (BRKVY)?
Our model-based price target is the fair value of 46.80 TRY (as of Nov 3, 2026) from 8 valuation models. Cautious scenario 24.48 TRY, optimistic scenario 58.50 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Birikim Varlik Yonetim A.S. stock forecast for 2026?
Our models put fair value at 46.80 TRY, about +82% upside versus a price of 25.74 TRY (undervalued). Cautious scenario 24.48 TRY, optimistic scenario 58.50 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Birikim Varlik Yonetim A.S. (BRKVY)?
Birikim Varlik Yonetim A.S. reported trailing-twelve-month revenue of about 1.8B TRY (latest available figure, as of Nov 3, 2026).
Does Birikim Varlik Yonetim A.S. pay a dividend?
Birikim Varlik Yonetim A.S. currently shows a dividend yield of 2.05% relative to its recent price (as of Nov 3, 2026).
What is the intrinsic value of Birikim Varlik Yonetim A.S. (BRKVY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Birikim Varlik Yonetim A.S. it is 46.80 TRY per share (as of Nov 3, 2026), against a price of 25.74 TRY. It is the blended result of 8 valuation models (cash flow, earnings, asset, dividend).
Is Birikim Varlik Yonetim A.S. stock overvalued or undervalued in 2026?
As of Nov 3, 2026, BRKVY trades below its calculated fair value: price 25.74 TRY, fair value 46.80 TRY, a gap of about +82% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BRKVY?
No. The price is what the market pays today (25.74 TRY); the fair value is what the company's own numbers justify (46.80 TRY). For Birikim Varlik Yonetim A.S. the two are 21.06 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Birikim Varlik Yonetim A.S. worth?
The market values Birikim Varlik Yonetim A.S. at about 1.4B TRY (market capitalisation, as of Nov 3, 2026). Per share that is 25.74 TRY; our models calculate a fair value of 46.80 TRY per share.
What do the bullish and bearish scenarios say about BRKVY?
Our models span a range for Birikim Varlik Yonetim A.S.: cautious scenario 24.48 TRY, base 46.80 TRY, optimistic 58.50 TRY per share (as of Nov 3, 2026, price 25.74 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BRKVY?
Birikim Varlik Yonetim A.S. trades at a price-to-earnings ratio of 4.4 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 46.80 TRY is built from several models across several years. Other multiples: P/B 1.1, P/S 0.8, EV/EBITDA 1.5.
How solid is the balance sheet of Birikim Varlik Yonetim A.S. (BRKVY)?
Balance-sheet figures for Birikim Varlik Yonetim A.S. (as of Nov 3, 2026): return on equity 24.8%. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is BRKVY from its 52-week high?
Birikim Varlik Yonetim A.S. trades at 25.74 TRY, about 80% below its 52-week high of 129.94 TRY and 21% above the low of 21.28 TRY (as of Nov 3, 2026). Distance from the high says nothing about value: that is what the fair value of 46.80 TRY is for.
Which stocks are comparable to Birikim Varlik Yonetim A.S.?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Corporation, KKR & Co, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Birikim Varlik Yonetim A.S. stock attractive at the current price?
The data as of Nov 3, 2026: price 25.74 TRY, calculated fair value 46.80 TRY (+82%), Quality Score 51/100, from 8 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BRKVY calculated?
We run Birikim Varlik Yonetim A.S. through 8 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 46.80 TRY, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5% above its aggregate fair value. Birikim Varlik Yonetim A.S. currently trades 45% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Birikim Varlik Yonetim A.S. (BRKVY)?
The closing price on Nov 3, 2026 was 25.74 TRY. Our model-based fair value is 46.80 TRY, about +82% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Birikim Varlik Yonetim A.S. right now?
The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (24.48 TRY to 58.50 TRY) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Birikim Varlik Yonetim A.S.
How large is the market capitalisation of Birikim Varlik Yonetim A.S. (BRKVY)?
The market capitalisation of Birikim Varlik Yonetim A.S. is 1.4B TRY (≈ $28.8M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Birikim Varlik Yonetim A.S. (BRKVY)?
The price-to-sales ratio of Birikim Varlik Yonetim A.S. is 0.79 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Birikim Varlik Yonetim A.S. (BRKVY)?
Earnings per share at Birikim Varlik Yonetim A.S. are 5.82 TRY (price ÷ EPS = P/E 4.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Birikim Varlik Yonetim A.S. (BRKVY)?
The dividend yield of Birikim Varlik Yonetim A.S. is 2.1% (payout 9.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Birikim Varlik Yonetim A.S. (BRKVY)?
The net margin of Birikim Varlik Yonetim A.S. is 17.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Birikim Varlik Yonetim A.S. (BRKVY)?
The return on equity (ROE) of Birikim Varlik Yonetim A.S. is 24.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Birikim Varlik Yonetim A.S. (BRKVY)?
On an EBIT basis the return on assets of Birikim Varlik Yonetim A.S. is 34.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Birikim Varlik Yonetim A.S. (BRKVY)?
The operating margin of Birikim Varlik Yonetim A.S. is 47.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Birikim Varlik Yonetim A.S. (BRKVY)?
Revenue at Birikim Varlik Yonetim A.S. is growing +10.2% versus a year earlier (3y avg +61.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Birikim Varlik Yonetim A.S. (BRKVY)?
Earnings per share at Birikim Varlik Yonetim A.S. are growing −48.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Birikim Varlik Yonetim A.S. (BRKVY) generate?
The free cash flow of Birikim Varlik Yonetim A.S. is −412M TRY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Birikim Varlik Yonetim A.S. (BRKVY) carry?
The net debt of Birikim Varlik Yonetim A.S. is 856M TRY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Birikim Varlik Yonetim A.S. in the live analysis
One click puts Birikim Varlik Yonetim A.S. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 3, 2026