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Aksigorta A.S. (AKGRT) Fair Value & Analysis

Financial Services · TR · Market cap 10.5B TRY

AA Aksigorta A.S. AKGRT · IS
Price6.75 TRY
Fair Value13.50 TRY
Upside+100.0%
Quality48/100
Healthy Growth
Solidly profitable · 13.6% net margin
Low debt · generates free cash flow
Ranks above peers (12/14)
Moderate moat 52/100
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Evidence: High Range 10.13 TRY – 16.87 TRY Share as image

Fair value as of: Jul 31, 2026

From 26 valuation models · updated today

Share price −4.8% over the past month.

What matters now

  • The price is below even our cautious bear case (10.13 TRY). The market is more pessimistic than our downside scenario.
  • Solid quality (48/100) 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)

8.57 TRY 5.94 TRY Fair Value 13.50 TRY Jul 2025 Jul 2026

12‑month range 5.94 TRY – 8.57 TRY · fair‑value band 10.13 TRY – 16.87 TRY · the 6.75 TRY price screens below the 13.50 TRY fair value. As of Jul 31, 2026.

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Analysis

Aksigorta A.S. (AKGRT) currently trades at 6.75 TRY, while our model-based Fair Value estimate is 13.50 TRY, implying the stock looks roughly 100.0% undervalued today. We read business quality at 48/100 (below-average 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, Aksigorta A.S. generated revenue of 17.6B TRY at a net margin of 13.6%. Revenue grew 45.3% year over year. It earns a return on equity of 36.3%. The stock trades on a trailing P/E of 4.4. Fundamentals as of Jul 31, 2026

Our scenario range runs from 10.13 TRY (bear case) to 16.87 TRY (bull case); at 6.75 TRY, the current price sits below that range. The share trades about 23% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -5% fair-value upside, at 100%, AKGRT screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 17.6B TRY
Revenue growth (YoY) +45.3%
Net margin 13.6%
Return on equity 36.3%
Free cash flow 6.4B TRY FY2025
P/E ratio 4.4
More key figures
Operating margin 0.7%
EPS (TTM) 1.49 TRY
EPS growth (YoY) -23.8%

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

Quality Score breakdown

Overall quality 48/100
Profitability 50
Quality Growth 38
Cashflow 33
Fin. Strength 77
Investment 29
Low Volatility 83
Momentum 29
52W Momentum 28
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

Aksigorta A.S. provides various life and non-life insurance products and services to retail and corporate customers in Turkey. It operates through Fire, Transportation, Motor (Automobile Insurance), Motor Vehicle Liability (Compulsory Traffic), Other, Engineering, Agriculture, Health, and Life segments.

Full company description

Aksigorta A.S. provides various life and non-life insurance products and services to retail and corporate customers in Turkey. It operates through Fire, Transportation, Motor (Automobile Insurance), Motor Vehicle Liability (Compulsory Traffic), Other, Engineering, Agriculture, Health, and Life segments. The company offers comprehensive car, motor third party liability, traffic, home, compulsory earthquake, common building property, my health, foreigner health, my travel, my travel, travel health, premium travel, home and content, site management, paw, credit card unemployment, bodycard security, fleet, workplace package, fuel, pharmacy, cyber protection, and other insurances, as well as personal accident insurance and yacht insurances. Aksigorta A.S. was incorporated in 1960 and is headquartered in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aksigorta A.S. reported revenue of 20.0B TRY in FY2025 versus 4.6B TRY in FY2021, a compound +44.1%/yr. Reported net income was 2.5B TRY in FY2025, compounding +90.3%/yr from FY2021.

Revenue +44.1%/yr
FY21 4.6B TRY
FY22 7.2B TRY
FY23 12.6B TRY
FY24 18.7B TRY
FY25 20.0B TRY
Net income +90.3%/yr
FY21 189M TRY
FY22 −127M TRY
FY23 1.2B TRY
FY24 1.9B TRY
FY25 2.5B TRY

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Cite: Fair Value Calculator (2026). "Aksigorta A.S. Fair Value". https://www.fairvalue-calculator.com/stock/AKGRT

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 / 44
FUTURE 100 / 29
PAST 100 / 49
HEALTH 100 / 89
DIVIDEND 0 / 50

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 Insurance - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

Stock Price Fair Value vs Fair Value
Berkshire Hathaway Inc BRYN €423.40 €346.77 -18%
Allianz SE ALV €405.20 €468.26 +16%
Zurich Insurance Group ZURN CHF 557.00 CHF 526.58 -5%
AXA SA AXAN 795.49 MXN 1,003 MXN +26%
Assicurazioni Generali S.p.A ARZGY $24.42 $19.59 -20%
Sun Life Financial Inc SLF C$102.80 C$89.03 -13%
American International Group AIGB34 R$394.65 R$91.86 -77%
The Hartford Insurance Group H1IG34 R$727.00 R$1,310 +80%
BB Seguridade Participações S.A BBSE3 R$36.63 R$44.01 +20%
Tryg A/S TRYG kr 150.80 kr 109.55 -27%

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Frequently asked questions

Is Aksigorta A.S. (AKGRT) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 13.50 TRY versus a price of 6.75 TRY, about +100% (undervalued).
What is the fair value of AKGRT?
Our model-based fair value for Aksigorta A.S. is 13.50 TRY (as of Jul 31, 2026), built from audited fundamentals. The current price is 6.75 TRY.
What is the quality score of AKGRT?
Aksigorta A.S. has a Quality Score of 48/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Aksigorta A.S. (AKGRT)?
Aksigorta A.S. reported trailing-twelve-month revenue of about 17.6B TRY (latest available figure, as of Jul 31, 2026).
What is the net profit margin of AKGRT?
The net profit margin of Aksigorta A.S. is about 13.6%, meaning it keeps roughly 13.6% 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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