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STOCK COMPARISON

Borusan Mannesmann Boru Sanayi ve Ticaret AS vs JSW Steel: Fair Value & Quality

Both stocks run through our valuation models. Here is how Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) and JSW Steel (JSWSTEEL) compare, as of Aug 5, 2026.

As of Aug 5, 2026, Fair Value Calculator sees JSW Steel as the less overvalued of the two: Borusan Mannesmann Boru Sanayi ve Ticaret AS trades at TRY 553 versus a fair value of TRY 153 (-72%), while JSW Steel trades at ₹1,270 versus ₹1,140 (-10%).
Borusan Mannesmann Boru Sanayi ve Ticaret AS
BRSAN.IS · TRY · Materials
-72%
upside to fair value
overvalued
PriceTRY 553
Fair ValueTRY 153
Quality52/100
JSW Steel
JSWSTEEL.NSE · INR · Materials
-10%
upside to fair value
overvalued
Price₹1,270
Fair Value₹1,140
Quality58/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Borusan Mannesmann Boru Sanayi ve Ticaret ASJSW Steel
Valuation
42.7×P/E (TTM)13.5×
1.00×P/S (TTM)1.62×
2.08×P/B2.99×
13.7×EV/EBITDA10.3×
Dividend yield0.6%
Dividend per share₹7.10
Profitability
2%Net margin12%
2%Operating margin19%
5%Return on equity27%
3%Return on assets6%
Growth
59%Revenue growth (YoY)14%
47.6%Avg. growth/yr (3Y)3.8%
80.5%Avg. growth/yr (5Y)18.4%
Balance & size
0.06×Debt / equity0.76×
$2BMarket cap$31B
healthyGrowth qualityexpensive

Even match: 6 to 6 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.

Borusan Mannesmann Boru Sanayi ve Ticaret ASof which business quality 55 · market factors 54 JSW Steelof which business quality 49 · market factors 69
ProfitabilityMargins and returns on capital today
31
54
Quality GrowthAre margins and returns improving?
70
59
CashflowEarnings quality: real cash, not paper profit
65
20
Fin. StrengthBalance sheet, leverage, solvency risk
53
47
InvestmentDisciplined investing over empire-building
30
50
Low VolatilityCalm price path (market factor)
53
88
MomentumPrice trend over the last 3–12 months (market factor)
47
52
52W MomentumDistance to the 52-week high (market factor)
68
77
Net IssuanceBuybacks instead of dilution
82
80

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Borusan Mannesmann Boru Sanayi ve Ticaret AS

DCF ModelsTRY 799
Earnings-BasedTRY 314
Dividend DiscountTRY 17.34
MultiplesTRY 227
Asset-BasedTRY 178
Growth DCFTRY 1,085
Economic ProfitTRY 197
Growth EarningsTRY 405

17 of 26 models see the stock below the current price.

JSW Steel

DCF Models₹1,355
Earnings-Based₹1,310
Dividend Discount₹53.61
Multiples₹1,398
Asset-Based₹275
Growth DCF₹569
Economic Profit₹953
Growth Earnings₹1,884

14 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Borusan Mannesmann Boru Sanayi ve Ticaret AS
Bear TRY 153Fair Value TRY 153Bull TRY 191
TRY 553 = current price (white tick)
JSW Steel
Bear ₹734Fair Value ₹1,140Bull ₹1,703
₹1,270 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Borusan Mannesmann Boru Sanayi ve Ticaret AS · Materials

Quality score52 · above median
Fair value upside-72% · bottom 25%

JSW Steel · Materials

Quality score58 · Top 25%
Fair value upside-10% · above median

Bottom line

As of Aug 5, 2026, Fair Value Calculator sees JSW Steel as the less overvalued of the two: Borusan Mannesmann Boru Sanayi ve Ticaret AS trades at TRY 553 versus a fair value of TRY 153 (-72%), while JSW Steel trades at ₹1,270 versus ₹1,140 (-10%).

JSW Steel has the higher quality score (58/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.