Kütahya Porselen Sanayi Anonim Sirketi (KUTPO) fair value: what the stock is really worth
As of Nov 10, 2026: fair value (intrinsic value) of Kütahya Porselen Sanayi Anonim Sirketi stock TRY 87.64, price TRY 58.50, upside +49.8%, quality 44 out of 100. Rating: undervalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
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 9, 2026.
How to read this chart
60‑month range 38.60 TRY – 137.90 TRY · fair‑value band 67.95 TRY – 122.01 TRY · the 58.50 TRY price screens below the 87.64 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Kütahya Porselen Sanayi Anonim Sirketi produces and sells porcelain, tableware, and ornamental and packaging materials in Turkey and internationally.
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It offers dinner, breakfast, cutlery, and kids sets, as well as table tops and singles; cooking and drinking group products, including pot set, oven dish, and porflame pot and pan, as well as coffee maker; tea and coffee sets; and mugs.
The company also provides horeca products, including porcelain and cream collections; tavola gurme and coffee shop; and tavola and bone horeca. It exports its products. The company was incorporated in 1965 and is headquartered in Kütahya, Turkey.
Stock analysis
Kütahya Porselen Sanayi Anonim Sirketi (KUTPO) currently trades at 58.50 TRY, while our model-based Fair Value estimate is 87.64 TRY, implying the stock looks roughly 33% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 126.32 TRY per share, and 15 of the 22 models we run sit above the 58.50 TRY price.
Bear case: the Asset-Based group reads lowest at 31.81 TRY, and 7 of the 22 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 67.95 TRY (bear) to 122.01 TRY (bull), the price of 58.50 TRY sits below 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 44/100 (below-average quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Kütahya Porselen Sanayi Anonim Sirketi reported revenue of 4.2B TRY in FY2025 versus 604M TRY in FY2021, a compound +62.6%/yr. Reported net income was 233M TRY in FY2025, compounding +61.8%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 2.3B TRY (≈ $46.5M) Micro · P/E ratio 59.7 · P/S ratio 3.30 · EPS (TTM) 0.9800 TRY · Net margin 5.5% · Return on equity −1.7% · Return on assets (EBIT) 12.0% (5-year average) · Operating margin 3.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 50% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −19% fair-value upside, at 50%, KUTPO screens cheaper than that median.
Fair Value models
Bear67.95 TRYFair Value 87.64 TRYBull122.01 TRY
Price 58.50 TRY · Upside +49.8%
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 (0.8458 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
−2.0%
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.
+45.7%
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.
+61.2%
Start year 2020 (pandemic). Over 10 years: +31.6% a year
Revenue growth 22 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.
+16.9%
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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.
+47.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+47.0%
Dividend (yield on the price)0.0%
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.6% → 11%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+34.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Turkey: IMF forecast 19.3% a year to 2030, 28.5% from 2016 to 2025) that is about +12.8% a year for the price.
Compare Kütahya Porselen Sanayi Anonim Sirketi with another stock
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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.Furnishings, Fixtures & Appliances · 308 stocks
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.
Cite: Fair Value Calculator (2026). "Kütahya Porselen Sanayi Anonim Sirketi Fair Value". https://www.fairvalue-calculator.com/stock/KUTPO
Frequently asked questions
Is Kütahya Porselen Sanayi Anonim Sirketi (KUTPO) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 87.64 TRY versus a price of 58.50 TRY, about +50% upside (undervalued).
What is the fair value of KUTPO?
Our model-based fair value for Kütahya Porselen Sanayi Anonim Sirketi is 87.64 TRY (as of Nov 9, 2026), built from audited fundamentals. The current price: 58.50 TRY.
What is the quality score of KUTPO?
Kütahya Porselen Sanayi Anonim Sirketi has a Quality Score of 44/100. 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 Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
Our model-based price target is the fair value of 87.64 TRY (as of Nov 9, 2026) from 22 valuation models. Cautious scenario 67.95 TRY, optimistic scenario 122.01 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Kütahya Porselen Sanayi Anonim Sirketi stock forecast for 2026?
Our models put fair value at 87.64 TRY, about +50% upside versus a price of 58.50 TRY (undervalued). Cautious scenario 67.95 TRY, optimistic scenario 122.01 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
Kütahya Porselen Sanayi Anonim Sirketi reported trailing-twelve-month revenue of about 4.2B TRY (latest available figure, as of Nov 9, 2026).
What growth is priced into Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
For today's price to be fair in a discounted-cash-flow model, Kütahya Porselen Sanayi Anonim Sirketi would have to grow free cash flow by +34.5 % per year for five years (discount rate 12.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +61.2 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of KUTPO use?
Our models discount Kütahya Porselen Sanayi Anonim Sirketi at 12.7 %: a base by market capitalisation (nano), damped by beta 0.45, country premium for Turkey. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Kütahya Porselen Sanayi Anonim Sirketi that is +34.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.7 %) and the same formula as our fair value.
How much growth has Kütahya Porselen Sanayi Anonim Sirketi (KUTPO) delivered so far?
Over the past 5 years revenue at Kütahya Porselen Sanayi Anonim Sirketi grew +61.2 % a year. The price currently implies free-cash-flow growth of +34.5 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Kütahya Porselen Sanayi Anonim Sirketi (KUTPO) growing?
The median revenue growth in the sector is +4.4 % a year. That is the yardstick for the growth priced into Kütahya Porselen Sanayi Anonim Sirketi (+34.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
The free-cash-flow yield on the price is 1.97 %: that much free cash flow Kütahya Porselen Sanayi Anonim Sirketi produces per unit of market value. When it exceeds the discount rate of our models (12.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kütahya Porselen Sanayi Anonim Sirketi it is 87.64 TRY per share (as of Nov 9, 2026), against a price of 58.50 TRY. It is the blended result of 22 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Kütahya Porselen Sanayi Anonim Sirketi stock overvalued or undervalued in 2026?
As of Nov 9, 2026, KUTPO trades below its calculated fair value: price 58.50 TRY, fair value 87.64 TRY, a gap of about +50% (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 KUTPO?
No. The price is what the market pays today (58.50 TRY); the fair value is what the company's own numbers justify (87.64 TRY). For Kütahya Porselen Sanayi Anonim Sirketi the two are 29.14 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Kütahya Porselen Sanayi Anonim Sirketi worth?
The market values Kütahya Porselen Sanayi Anonim Sirketi at about 2.3B TRY (market capitalisation, as of Nov 9, 2026). Per share that is 58.50 TRY; our models calculate a fair value of 87.64 TRY per share.
What do the bullish and bearish scenarios say about KUTPO?
Our models span a range for Kütahya Porselen Sanayi Anonim Sirketi: cautious scenario 67.95 TRY, base 87.64 TRY, optimistic 122.01 TRY per share (as of Nov 9, 2026, price 58.50 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KUTPO?
Kütahya Porselen Sanayi Anonim Sirketi trades at a price-to-earnings ratio of 59.7 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 87.64 TRY is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 11.9. Other multiples: PEG 2.0, P/B 0.5, P/S 0.6, EV/EBITDA 4.2.
What is the PEG ratio of KUTPO?
The PEG ratio of Kütahya Porselen Sanayi Anonim Sirketi is 2.02 (P/E divided by earnings growth, as of Nov 9, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
Balance-sheet figures for Kütahya Porselen Sanayi Anonim Sirketi (as of Nov 9, 2026): return on equity −1.7%. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is KUTPO from its 52-week high?
Kütahya Porselen Sanayi Anonim Sirketi trades at 58.50 TRY, about 50% below its 52-week high of 117.60 TRY and 4% above the low of 56.25 TRY (as of Nov 10, 2026). Distance from the high says nothing about value: that is what the fair value of 87.64 TRY is for.
Which stocks are comparable to Kütahya Porselen Sanayi Anonim Sirketi?
From the same area (Consumer Cyclical) we also value Midea Group, Gree Electric Appliances, Inc, SharkNinja, Inc, Haier Smart Home Co, 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 Kütahya Porselen Sanayi Anonim Sirketi stock attractive at the current price?
The data as of Nov 9, 2026: price 58.50 TRY, calculated fair value 87.64 TRY (+50%), Quality Score 44/100, from 22 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 KUTPO calculated?
We run Kütahya Porselen Sanayi Anonim Sirketi through 22 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 87.64 TRY builds on their evidence-weighted average, 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 15.1% above its aggregate fair value. Kütahya Porselen Sanayi Anonim Sirketi currently trades 33% 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 Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
The closing price on Nov 10, 2026 was 58.50 TRY. Our model-based fair value is 87.64 TRY, about +50% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kütahya Porselen Sanayi Anonim Sirketi right now?
The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (67.95 TRY). The market is more pessimistic than our downside scenario.
Key figures of Kütahya Porselen Sanayi Anonim Sirketi
How large is the market capitalisation of Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
The market capitalisation of Kütahya Porselen Sanayi Anonim Sirketi is 2.3B TRY (≈ $46.5M). 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 Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
The price-to-sales ratio of Kütahya Porselen Sanayi Anonim Sirketi is 3.30 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
Earnings per share at Kütahya Porselen Sanayi Anonim Sirketi are 0.9800 TRY (price ÷ EPS = P/E 59.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
The net margin of Kütahya Porselen Sanayi Anonim Sirketi is 5.5% (fiscal year 2025). 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 Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
The return on equity (ROE) of Kütahya Porselen Sanayi Anonim Sirketi is −1.7% (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 Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
On an EBIT basis the return on assets of Kütahya Porselen Sanayi Anonim Sirketi is 12.0% (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 Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
The operating margin of Kütahya Porselen Sanayi Anonim Sirketi is 3.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
Revenue at Kütahya Porselen Sanayi Anonim Sirketi is growing −7.5% versus a year earlier (3y avg +45.7%). 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 Kütahya Porselen Sanayi Anonim Sirketi (KUTPO)?
Earnings per share at Kütahya Porselen Sanayi Anonim Sirketi are growing −67.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Kütahya Porselen Sanayi Anonim Sirketi (KUTPO) carry?
The net debt of Kütahya Porselen Sanayi Anonim Sirketi is 115M TRY (fiscal year 2023, ≈ 2.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 9, 2026