EN DE

Alarko Holding (ALARK) Fair Value & Analysis

Industrials · TR · Market cap 44.1B TRY

AH Alarko Holding ALARK · IS
Price100.90 TRY
Fair Value30.95 TRY
Upside-69.3%
Quality38/100
Mixed Growth
Solidly profitable · 19.8% net margin
Low debt · negative free cash flow
3.08% dividend yield
Mixed vs. peers (5/12)
Narrow moat 26/100
Watch Alarko Holding for free, get notified when fair value or trend changes. Watch for free
Evidence: Low Range 19.31 TRY – 38.90 TRY Share as image

Fair value as of: Jul 31, 2026

From 3 valuation models · updated today

Share price −6.3% over the past month.

What matters now

  • The price sits above even our optimistic bull case (38.90 TRY). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (19.31 TRY to 38.90 TRY) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

111.85 TRY 73.94 TRY Fair Value 30.95 TRY Aug 2025 Jul 2026

12‑month range 73.94 TRY – 111.85 TRY · fair‑value band 19.31 TRY – 38.90 TRY · the 100.90 TRY price screens above the 30.95 TRY fair value. As of Jul 31, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

Alarko Holding (ALARK) currently trades at 100.90 TRY, while our model-based Fair Value estimate is 30.95 TRY, implying the stock looks roughly 69.3% overvalued today. We read business quality at 38/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Alarko Holding generated revenue of 9.1B TRY at a net margin of 19.8%. Revenue grew 26.3% year over year. It earns a return on equity of 1.9%. Net debt stands at 20.0B TRY. Fundamentals as of Jul 31, 2026

Our scenario range runs from 19.31 TRY (bear case) to 38.90 TRY (bull case); at 100.90 TRY, the current price sits above that range. The share trades about 11% below its 52-week high and 39% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -10% fair-value upside, at -69%, ALARK screens richer than that median.

Key figures & financial health

Revenue (TTM) 9.1B TRY
Revenue growth (YoY) +26.3%
Net margin 19.8%
Return on equity 1.9%
Free cash flow −15.0B TRY FY2025
P/E ratio 24.2
More key figures
Operating margin -25.4%
EPS (TTM) 4.19 TRY
Dividend yield 3.1%
EPS growth (YoY) +79.3%
Net debt 20.0B TRY FY2025

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

Quality Score breakdown

Overall quality 38/100
Profitability 6
Quality Growth 34
Cashflow 10
Fin. Strength 50
Investment 0
Low Volatility 80
Momentum 47
52W Momentum 57
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

Alarko Holding A.S., together with its subsidiaries, engages in contracting, energy, industry and trade, tourism, land development, investment, and agriculture businesses in Turkey.

Full company description

Alarko Holding A.S., together with its subsidiaries, engages in contracting, energy, industry and trade, tourism, land development, investment, and agriculture businesses in Turkey. The company undertakes in the construction of refineries, chemical, petrochemical plants, power, industrial, and water and wastewater treatment plants, as well as pipelines, transportation, and housing projects. It also produces, distributes, sells, and trades energy; manufactures heating, ventilating, and air conditioning, as well as sells heating, RLC products, and provides marketing, repair, and maintenance services. In addition, the company operates hotels, sports center, spa centers, and movie theatres; residential land development activities; invest in public and private companies; and venture capital activities. Further, it is involved in greenhouse, fertilizer, seed, and food industry activities. The company was founded in 1954 and is based in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alarko Holding reported revenue of 8.7B TRL in FY2025 versus 2.0B TRL in FY2021, a compound +44.0%/yr. Reported net income was −1.2B TRL in FY2025.

Revenue +44.0%/yr
FY21 2.0B TRL
FY22 7.1B TRL
FY23 12.0B TRL
FY24 9.9B TRL
FY25 8.7B TRL
Net income
FY21 1.3B TRL
FY22 11.4B TRL
FY23 9.6B TRL
FY24 2.8B TRL
FY25 −1.2B TRL

Is ALARK fairly valued? → Check now

Share or link this analysis
📋 Free embed code + live data for your site

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Alarko Holding Fair Value". https://www.fairvalue-calculator.com/stock/ALARK

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 0 / 16
FUTURE 100 / 16
PAST 7 / 19
HEALTH 91 / 89
DIVIDEND 62 / 40

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

Stock Price Fair Value vs Fair Value
Honeywell International Inc HON 3,736 MXN 2,515 MXN -33%
CITIC Limited 0267 HK$12.87 HK$21.98 +71%
Swire Pacific Limited 0019 HK$81.70 HK$13.77 -83%
SK Inc 034730 625,000 KRW 390,279 KRW -38%
PT Astra International Tbk, ASII 4,730 IDR 16,231 IDR +243%
Grupo Carso, S.A. GCARSOA1 130.55 MXN 72.45 MXN -45%
The Siam Cement Public Company SCC 234.00 THB 209.79 THB -10%
SRF Limited SRF ₹2,705 ₹725.09 -73%
Empresas Copec S.A COPEC 5,980 CLP 10,697 CLP +79%
Posco International Corporation 047050 58,300 KRW 56,299 KRW -3%

Compare Alarko Holding with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Alarko Holding (ALARK) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 30.95 TRY versus a price of 100.90 TRY, about −69% (overvalued).
What is the fair value of ALARK?
Our model-based fair value for Alarko Holding is 30.95 TRY (as of Jul 31, 2026), built from audited fundamentals. The current price is 100.90 TRY.
What is the quality score of ALARK?
Alarko Holding has a Quality Score of 38/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Alarko Holding (ALARK)?
Alarko Holding reported trailing-twelve-month revenue of about 9.1B TRY (latest available figure, as of Jul 31, 2026).
What is the net profit margin of ALARK?
The net profit margin of Alarko Holding is about 19.8%, meaning it keeps roughly 19.8% of revenue as net income. Based on the latest reported figures.
Does Alarko Holding pay a dividend?
Alarko Holding currently shows a dividend yield of about 3.08% relative to its recent price (as of Jul 31, 2026).

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.

14 days Pro free · no card

Track Alarko Holding and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.