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STOCK COMPARISON

Formet Celik Kapi Sanayi ve Ticaret AS vs Trane Technologies: Fair Value & Quality

Both stocks run through our valuation models. Here is how Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) and Trane Technologies (TT) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees Trane Technologies as the less overvalued of the two: Formet Celik Kapi Sanayi ve Ticaret AS trades at TRY 1.13 versus a fair value of TRY 0.17 (-85%), while Trane Technologies trades at $438 versus $215 (-51%).
Formet Celik Kapi Sanayi ve Ticaret AS
FORMT.IS · TRY · Industrials
-85%
upside to fair value
overvalued
PriceTRY 1.13
Fair ValueTRY 0.17
Quality25/100
Trane Technologies
TT · USD · Industrials
-51%
upside to fair value
overvalued
Price$438
Fair Value$215
Quality75/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Formet Celik Kapi Sanayi ve Ticaret ASTrane Technologies
Valuation
n/aP/E (TTM)33.4×
0.05×P/S (TTM)4.53×
n/aP/B11.38× · book value is mostly goodwill
n/aEV/EBITDA23.6×
n/aPEG2.00×
−85.0%Fair value upside−51.0%
n/aDividend yield0.9%
n/aDividend per share$3.87
Profitability
-1%Operating margin16%
n/aEBIT margin trend (5Y)1.51×
-19%Return on equity37%
-3%Return on assets11%
Growth
-19%Revenue growth (YoY)6%
46.9%Avg. growth/yr (3Y)10.1%
48.2%Avg. growth/yr (5Y)11.4%
n/aValue creation/yr+18.6%
Balance & size
n/aInterest coverage (EBIT/interest)17.4×
0.03×Debt / equity0.46×
$41MMarket cap$98B
expensiveGrowth qualityhealthy

Even match: 4 to 4 metric wins.

n/a = 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.

Formet Celik Kapi Sanayi ve Ticaret ASof which business quality 25 · market factors 21 Trane Technologiesof which business quality 71 · market factors 48
ProfitabilityMargins and returns on capital today
5
76
Quality GrowthAre margins and returns improving?
52
52
CashflowEarnings quality: real cash, not paper profit
18
61
Fin. StrengthBalance sheet, leverage, solvency risk
57
71
InvestmentDisciplined investing over empire-building
13
70
Low VolatilityCalm price path (market factor)
73
58
MomentumPrice trend over the last 3–12 months (market factor)
0
41
52W MomentumDistance to the 52-week high (market factor)
0
50
Net IssuanceShare count: buybacks or dilution?
0
100

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 familyFormet Celik Kapi Sanayi ve Ticaret ASPrice TRY 1.13Trane TechnologiesPrice $438
DCF Modelsn/a-49%below the price$223
Earnings-Basedn/a-75%below the price$112
Dividend Discountn/a-86%below the price$63.35
Multiplesn/a-50%below the price$219
Asset-Based+10%close to the priceTRY 1.24-94%below the price$26.07
Growth DCFn/a-55%below the price$198
Economic Profitn/a-65%below the price$153
Growth Earningsn/a-46%below the price$235
Minimum+10%close to the priceTRY 1.24-94%below the price$26.07
Maximum+10%close to the priceTRY 1.24-46%below the price$235
Median+10%close to the priceTRY 1.24-60%below the price$175
Geometric mean+10%close to the priceTRY 1.24-71%below the price$126

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%.

Formet Celik Kapi Sanayi ve Ticaret AS: 0 of 1 models see the stock below the current price.

Trane Technologies: 26 of 26 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.

Formet Celik Kapi Sanayi ve Ticaret AS
Price TRY 1.13
Fair Value TRY 0.17
Bear TRY 0.11Bull TRY 0.20
Trane Technologies
Price $438
Fair Value $215
Bear $139Bull $306

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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.

Formet Celik Kapi Sanayi ve Ticaret AS · Industrials

Quality score25 · bottom 25%
Fair value upside-85% · bottom 25%

Trane Technologies · Industrials

Quality score75 · Top 25%
Fair value upside-51% · below median

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees Trane Technologies as the less overvalued of the two: Formet Celik Kapi Sanayi ve Ticaret AS trades at TRY 1.13 versus a fair value of TRY 0.17 (-85%), while Trane Technologies trades at $438 versus $215 (-51%).

Trane Technologies has the higher quality score (75/100).

Open Trane Technologies live analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.