Aygaz AS vs Naturgy Energy Group: Fair Value & Quality
Both stocks run through our valuation models. Here is how Aygaz AS (AYGAZ) and Naturgy Energy Group (NTGY) compare, as of Sep 14, 2026.
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Naturgy Energy Group leads: 5 to 9 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
What the models say
How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.
▲above the price, more than 15% above ●close to the price, 85% to 115% of the price ▼below the price, more than 15% below
| Model family | Aygaz ASPrice TRY 328 | Naturgy Energy GroupPrice €29.48 |
|---|---|---|
| DCF Models | ▼-37%below the priceTRY 206 | ●+4%close to the price€30.77 |
| Earnings-Based | ●+5%close to the priceTRY 345 | ●-10%close to the price€26.55 |
| Dividend Discount | ▼-20%below the priceTRY 263 | ▼-21%below the price€23.41 |
| Multiples | ●-11%close to the priceTRY 291 | ▲+36%above the price€40.20 |
| Asset-Based | ▼-35%below the priceTRY 212 | ▼-77%below the price€6.76 |
| Growth DCF | ▼-68%below the priceTRY 105 | ●+11%close to the price€32.80 |
| Economic Profit | ▼-38%below the priceTRY 203 | ▼-29%below the price€20.95 |
| Growth Earnings | ▲+47%above the priceTRY 483 | ●+4%close to the price€30.66 |
| Minimum | ▼-68%below the priceTRY 105 | ▼-77%below the price€6.76 |
| Maximum | ▲+47%above the priceTRY 483 | ▲+36%above the price€40.20 |
| Median | ▼-28%below the priceTRY 237 | ●-3%close to the price€28.60 |
| Geometric mean | ▼-26%below the priceTRY 242 | ▼-19%below the price€23.98 |
Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.
Aygaz AS: 15 of 25 models see the stock below the current price.
Naturgy Energy Group: 13 of 24 models see the stock below the current price.
Scenario ranges
From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.
Compare two other stocks
Tap a field and type again, ticker or company name.
Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Aygaz AS · Utilities
Naturgy Energy Group · Utilities
Bottom line
As of Sep 14, 2026, Fair Value Calculator sees Naturgy Energy Group as the more attractively valued of the two: Aygaz AS trades at TRY 328 versus a fair value of TRY 242 (-26%), while Naturgy Energy Group trades at €29.48 versus €30.66 (+4%).
Naturgy Energy Group has the higher quality score (55/100).
See the full analysis →More comparisons
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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.