Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi stock TRY 19.89, price TRY 25.76, that is 22.8% below the price, quality 36 out of 100. Rating: overvalued. Calculated from audited financials with 2 of our 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 one Yes, for free
Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi
HATSN · ISOur calculation puts a fair price 23% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
37‑month range 18.80 TRY – 92.25 TRY · fair‑value band 14.76 TRY – 25.02 TRY · the 25.76 TRY price screens above the 19.89 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
Every Wednesday you see whether Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi 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.
Company profile
Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi engages in the shipbuilding business in Turkey.
Show moreShow less
The company offers ship repair and maintenance services, including sand blasting and painting; rudder, shaft, and propeller repair; cargo and ballast tank treatment; bow thruster maintenance; main and auxiliary engine maintenance; boiler, heat exchanger, and pump maintenance and repair; turbocharger and governor overhauling; electrical and mechanical works; navigational equipment; fire and safety system services; BWTS installation; scrubber system installation; steel and piping works; and laid up services.
It also provides ship conversion services, such as lengthening projects, new machinery, equipment or factory installations, and heavy steel construction works. The company was incorporated in 2008 and is headquartered in Istanbul, Turkey.
Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi operates as a subsidiary of Pekar Grup Insaat A.S.
Stock analysis
Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN) currently trades at 25.76 TRY, while our model-based Fair Value estimate is 19.89 TRY, 23% below the price, so the stock looks overvalued today.
Show more
Valuation
How firm this estimate is: it rests on 2 models at a data quality of 95/100, which puts the data coverage at low.
Scenario range: 14.76 TRY (bear) to 25.02 TRY (bull), the price of 25.76 TRY sits above 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 36/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi reported revenue of 4.7B TRY in FY2025 versus 458M TRY in FY2021, a compound +79.2%/yr. Reported net income was −191M TRY in FY2025.
Key figures
Market cap 5.7B TRY (≈ $114M) Micro · P/S ratio 1.16 · EPS (TTM) −3.50 TRY · Net margin −21.1% · Return on equity −13.7% · Return on assets (EBIT) 9.1% (5-year average) · Operating margin −46.6% · Revenue (TTM) 3.9B TRY.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 13 out of 100 (low confidence).
What moves the price
The share trades about 70% below its 52-week high and 37% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −23% fair-value upside, at −23%, HATSN screens richer than that median.
Fair Value models
All 2 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
HATSN screens overvalued: fair value 23% below the price. Compare with General Electric Company →
Compare Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi with another stock
Price, fair value, quality and upside side by side.
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.Aerospace & Defense · 238 stocks
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/B ratio by industry
- Net margin by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Industrials
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Honeywell Aerospace Inc HONA | $152.92 | $172.03 | +13% | vs HATSN |
| Safran SA SAF | €295.50 | €327.36 | +11% | vs HATSN |
| TransDigm Group TDG | $1,197 | $1,308 | +9% | vs HATSN |
| Lockheed Martin Corporation LMT | $567.08 | $439.21 | −23% | vs HATSN |
| General Dynamics Corporation GD | $354.06 | $274.19 | −23% | vs HATSN |
| Northrop Grumman Corporation NOC | $525.01 | $382.98 | −27% | vs HATSN |
| Airbus SE AIR | €196.40 | €112.14 | −43% | vs HATSN |
| RTX Corporation RTX | $189.53 | $88.19 | −53% | vs HATSN |
| General Electric Company GE | $323.24 | $92.26 | −71% | vs HATSN |
| Howmet Aerospace Inc HWM | $205.81 | $52.65 | −74% | vs HATSN |
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN) overvalued or undervalued?
What is the fair value of HATSN?
What is the quality score of HATSN?
What is the price target for Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
What is the Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi stock forecast for 2026?
What is the revenue of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
What is the intrinsic value of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
Is Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi stock overvalued or undervalued in 2026?
Is fair value the same as the market price of HATSN?
How much is Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi worth?
What do the bullish and bearish scenarios say about HATSN?
How solid is the balance sheet of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
How far is HATSN from its 52-week high?
Which stocks are comparable to Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi?
Is Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi stock attractive at the current price?
How is the fair value of HATSN calculated?
Is it still worth investing in stocks now?
What is the share price of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
What should I pay attention to with Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi right now?
Key figures of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi
How large is the market capitalisation of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
What is the P/S ratio of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
What are the earnings per share of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
What is the net margin of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
What is the return on equity of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
What is the EBIT return on assets of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
What is the operating margin of Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
How fast is revenue growing at Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
How fast are earnings growing at Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN)?
How much free cash flow does Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN) generate?
How much net debt does Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (HATSN) carry?
Watch Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi in the live analysis
One click puts Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.