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A1 Capital Yatirim Menkul Degerler A.S. (A1CAP) Fair Value & Analysis

Financial Services · TR · Market cap 6.1B TRY

AC A1 Capital Yatirim Menkul Degerler A.S. A1CAP · IS
Price8.67 TRY
Fair Value17.34 TRY
Upside+100.0%
Quality50/100
Mixed Growth
Thin margins · 7.3% net margin
Low debt · generates free cash flow
Ranks above peers (8/12)
Moderate moat 55/100
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Evidence: High Range 13.00 TRY – 21.67 TRY Share as image

Fair value as of: Jul 31, 2026

From 24 valuation models · updated today

Share price −16.5% over the past month.

What matters now

  • The price is below even our cautious bear case (13.00 TRY). The market is more pessimistic than our downside scenario.
  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (12 months)

18.05 TRY 8.67 TRY Fair Value 17.34 TRY Jul 2025 Jul 2026

12‑month range 8.67 TRY – 18.05 TRY · fair‑value band 13.00 TRY – 21.67 TRY · the 8.67 TRY price screens below the 17.34 TRY fair value. As of Jul 31, 2026.

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Analysis

A1 Capital Yatirim Menkul Degerler A.S. (A1CAP) currently trades at 8.67 TRY, while our model-based Fair Value estimate is 17.34 TRY, implying the stock looks roughly 100.0% undervalued today. We read business quality at 50/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, A1 Capital Yatirim Menkul Degerler A.S. generated revenue of 27.7B TRY at a net margin of 7.3%. Revenue grew 13.2% year over year. It earns a return on equity of 28.6%. Net debt stands at 628M TRY. Fundamentals as of Jul 31, 2026

Our scenario range runs from 13.00 TRY (bear case) to 21.67 TRY (bull case); at 8.67 TRY, the current price sits below that range. The share trades about 54% below its 52-week high, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 31% fair-value upside, at 100%, A1CAP screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 27.7B TRY
Revenue growth (YoY) +13.2%
Net margin 7.3%
Return on equity 28.6%
Free cash flow 2.7B TRY FY2025
P/E ratio 3.0
More key figures
Operating margin -5.4%
EPS (TTM) 2.99 TRY
EPS growth (YoY) +375%
Net debt 628M TRY FY2025

Figures from reported company fundamentals · as of Jul 31, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100
Profitability 90
Quality Growth 50
Cashflow 49
Fin. Strength 55
Investment 33
Low Volatility 53
Momentum 13
52W Momentum 10
Net Issuance 82

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

A1 Capital Yatirim Menkul Degerler A.S. offers brokerage in the capital markets in Turkey. It offers customized solutions, such as stocks, futures and options exchange, portfolio management, and initial public offerings, as well as corporate finance, derivative instruments, and Forex products; Hisse Koç, a stock coach mobile application.

Full company description

A1 Capital Yatirim Menkul Degerler A.S. offers brokerage in the capital markets in Turkey. It offers customized solutions, such as stocks, futures and options exchange, portfolio management, and initial public offerings, as well as corporate finance, derivative instruments, and Forex products; Hisse Koç, a stock coach mobile application. The company also provides investment advisory services; TradingView, a charting and trading platform; Fintables mobile, key platform that standardizes the financial reports of companies traded; Matrix, a capital market data monitoring and trading platform; E-Broker, a trading platform that enables real-time electronic order transmission to BIST and VIOP; FX Plus, a program for financial markets; and iDeal, a professional data terminal. A1 Capital Yatirim Menkul Degerler A.S. was incorporated in 1990 and is headquartered in Istanbul, Turkey.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

A1 Capital Yatirim Menkul Degerler A.S. reported revenue of 33.1B TRY in FY2025 versus 6.4B TRY in FY2021, a compound +50.9%/yr. Reported net income was 3.8B TRY in FY2025, compounding +144.0%/yr from FY2021.

Revenue +50.9%/yr
FY21 6.4B TRY
FY22 29.9B TRY
FY23 27.8B TRY
FY24 54.4B TRY
FY25 33.1B TRY
Net income +144.0%/yr
FY21 108M TRY
FY22 653M TRY
FY23 −180M TRY
FY24 484M TRY
FY25 3.8B TRY

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Cite: Fair Value Calculator (2026). "A1 Capital Yatirim Menkul Degerler A.S. Fair Value". https://www.fairvalue-calculator.com/stock/A1CAP

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 / 7
FUTURE 66 / 85
PAST 100 / 29
HEALTH 100 / 93
DIVIDEND 0 / 38

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

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Korea Investment Holdings 071050 221,000 KRW 442,000 KRW +100%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Samsung Securities Co 016360 112,200 KRW 146,629 KRW +31%
Motilal Oswal Financial Services Limited MOTILALOFS ₹841.00 ₹733.42 -13%
Kiwoom Securities Co 039490 364,000 KRW 728,000 KRW +100%
SSI Securities Corporation SSI 26,850 VND 28,021 VND +4%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 627.50 ARS +100%

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Frequently asked questions

Is A1 Capital Yatirim Menkul Degerler A.S. (A1CAP) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 17.34 TRY versus a price of 8.67 TRY, about +100% (undervalued).
What is the fair value of A1CAP?
Our model-based fair value for A1 Capital Yatirim Menkul Degerler A.S. is 17.34 TRY (as of Jul 31, 2026), built from audited fundamentals. The current price is 8.67 TRY.
What is the quality score of A1CAP?
A1 Capital Yatirim Menkul Degerler A.S. has a Quality Score of 50/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of A1 Capital Yatirim Menkul Degerler A.S. (A1CAP)?
A1 Capital Yatirim Menkul Degerler A.S. reported trailing-twelve-month revenue of about 27.7B TRY (latest available figure, as of Jul 31, 2026).
What is the net profit margin of A1CAP?
The net profit margin of A1 Capital Yatirim Menkul Degerler A.S. is about 7.3%, meaning it keeps roughly 7.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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