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Anadolu Anonim Türk Sigorta Sirketi (ANSGR) Fair Value & Analysis

Financial Services · TR · Market cap 54.6B TRY

AA Anadolu Anonim Türk Sigorta Sirketi ANSGR · IS
Price27.28 TRY
Fair Value54.56 TRY
Upside+100.0%
Quality54/100
Mixed Growth
Solidly profitable · 14.7% net margin
generates free cash flow
5.07% dividend yield
Ranks above peers (11/14)
Wide moat 70/100
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Evidence: High Range 40.92 TRY – 68.20 TRY Share as image

Fair value as of: Aug 4, 2026

From 24 valuation models · updated today

Share price +0.9% over the past month.

A solid business, screening 100% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (40.92 TRY). The market is more pessimistic than our downside scenario.
  • Solid quality (54/100) 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.
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Price vs Fair Value (5 years)

31.00 TRY 1.13 TRY Fair Value 54.56 TRY Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 4, 2026.

How to read this chart

60‑month range 1.13 TRY – 31.00 TRY · fair‑value band 40.92 TRY – 68.20 TRY · the 27.28 TRY price screens below the 54.56 TRY fair value. Dashed = 300-day average. As of Aug 4, 2026.

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Analysis

Anadolu Anonim Türk Sigorta Sirketi (ANSGR) currently trades at 27.28 TRY, while our model-based Fair Value estimate is 54.56 TRY, implying the stock looks roughly 100.0% undervalued today. We read business quality at 54/100 (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, Anadolu Anonim Türk Sigorta Sirketi generated revenue of 106B TRY at a net margin of 14.7%. Revenue grew 35.0% year over year. It earns a return on equity of 46.8%. The stock trades on a trailing P/E of 4.1. Fundamentals as of Aug 4, 2026

Our scenario range runs from 40.92 TRY (bear case) to 68.20 TRY (bull case); at 27.28 TRY, the current price sits below that range. The share trades about 13% below its 52-week high and 42% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at 100%, ANSGR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 51.58 TRY 75.26 TRY 845.29 TRY 76
Growth DCF 70.30 TRY 116.14 TRY 208.77 TRY 72
Growth-Adj P/E 152.76 TRY 218.23 TRY 283.70 TRY 68
All 24 models by family
DCF Models
FCF DCF 73.67 TRY 106.16 TRY 209.63 TRY 38
Owner Earnings 118.70 TRY 248.41 TRY 520.70 TRY 31
5Y Revenue Exit 33.77 TRY 37.79 TRY 45.54 TRY 39
5Y EBITDA Exit 34.17 TRY 38.61 TRY 46.99 TRY 41
5Y P/E Exit 108.61 TRY 233.73 TRY 406.33 TRY 38
10Y Revenue Exit 45.55 TRY 60.62 TRY 64.23 TRY 36
10Y EBITDA Exit 45.91 TRY 61.49 TRY 82.25 TRY 37
10Y P/E Exit 100.23 TRY 221.78 TRY 426.40 TRY 35
Earnings-Based
Graham-Dodd 45.67 TRY 318.47 TRY 446.92 TRY 54
Lynch FV 122.51 TRY 175.01 TRY 227.51 TRY 50
PEG = 1.0 122.51 TRY 175.01 TRY 227.51 TRY 46
EPV 18.41 TRY 18.65 TRY 18.85 TRY 59
Multiples
P/E Multiple 100.73 TRY 134.31 TRY 167.89 TRY 63
P/S Multiple 85.25 TRY 113.67 TRY 142.08 TRY 58
P/B Multiple 40.00 TRY 53.33 TRY 66.66 TRY 55
EV/EBIT 19.29 TRY 20.05 TRY 20.80 TRY 53
EV/EBITDA 19.19 TRY 19.92 TRY 20.64 TRY 54
EV/Revenue 18.55 TRY 19.21 TRY 19.86 TRY 43
Asset-Based
NCAV (Graham) 8.89 TRY 11.91 TRY 17.78 TRY 50
Growth DCF
Growth DCF 70.30 TRY 116.14 TRY 208.77 TRY 72
Rev-Margin DCF 33.92 TRY 40.93 TRY 53.96 TRY 67
Economic Profit
Residual Income 51.58 TRY 75.26 TRY 845.29 TRY 76
ROIC Compounder 18.86 TRY 19.89 TRY 20.56 TRY 67
Growth Earnings
Growth-Adj P/E 152.76 TRY 218.23 TRY 283.70 TRY 68

Widest divergence: Growth Earnings (218.23 TRY) versus Asset-Based (11.91 TRY). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 106B TRY
Revenue growth (YoY) +35.0%
Net margin 14.7%
Return on equity 46.8%
Free cash flow 6.7B TRY FY2025
P/E ratio 4.1
More key figures
Operating margin 15.7%
EPS (TTM) 6.72 TRY
Dividend yield 5.1%
EPS growth (YoY) +75.2%

Figures from reported company fundamentals · as of Aug 4, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 47 · Market factors (momentum, volatility) 63

Profitability 56
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 62
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

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

Anadolu Anonim Türk Sigorta Sirketi engages in the insurance business in Turkey. It offers company, accident, illness-health, land vehicles, aircraft, water vehicles, transportation Watercraft, fire and natural disasters, general, land vehicles liability, damages, credit, aircraft liability, general liability, surety, and financial losses, as well as legal …

Full company description

Anadolu Anonim Türk Sigorta Sirketi engages in the insurance business in Turkey. It offers company, accident, illness-health, land vehicles, aircraft, water vehicles, transportation Watercraft, fire and natural disasters, general, land vehicles liability, damages, credit, aircraft liability, general liability, surety, and financial losses, as well as legal protection insurance products. The company was founded in 1925 and is headquartered in Istanbul, Turkey. Anadolu Anonim Türk Sigorta Sirketi operates as a subsidiary of Millî Reasürans Türk Anonim Sirketi.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Anadolu Anonim Türk Sigorta Sirketi reported revenue of 90.9B TRL in FY2025 versus 9.0B TRL in FY2021, a compound +78.3%/yr. Reported net income was 13.4B TRL in FY2025, compounding +118.4%/yr from FY2021.

Growth Quality 86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
90.9B TRY
Latest YoY
+50.1%
Avg. growth/yr (3Y)
+74.8%
Avg. growth/yr (5Y)
+70.2%
Avg. growth/yr (24Y)
−27.3%
Revenue +78.3%/yr
FY21 9.0B TRL
FY22 17.0B TRL
FY23 37.2B TRL
FY24 60.6B TRL
FY25 90.9B TRL
Net income +118.4%/yr
FY21 590M TRL
FY22 1.3B TRL
FY23 6.4B TRL
FY24 11.5B TRL
FY25 13.4B TRL

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Cite: Fair Value Calculator (2026). "Anadolu Anonim Türk Sigorta Sirketi Fair Value". https://www.fairvalue-calculator.com/stock/ANSGR

Peer Group

Insurance - Diversified · 88 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 55 · Below median
Fair Value upside +100% · Top 25%
Return on equity (TTM) 47% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 16% · Above median
Revenue growth 35% · Top 25%
Dividend yield (TTM) 5.1% · Top 25%

Valuation Multiples vs Insurance - Diversified median · lower = cheaper

P/E (TTM) 4.1× · Cheaper than 75% of peers
P/B 1.53× · Pricier than median
P/S (TTM) 0.52× · Cheaper than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 1.2× · Cheaper than 75% of peers
PEG 2.35× · Pricier than median

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 · sector 44
FUTURE 100 · sector 30
PAST 100 · sector 49
HEALTH 0 · sector 89
DIVIDEND 100 · sector 53

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 Aug 4, 2026).

Stock Price Fair Value vs Fair Value
Berkshire Hathaway Inc BRKB 8,562 MXN 10,844 MXN +27%
Allianz SE ALV €421.00 €369.31 -12%
Zurich Insurance Group ZURN CHF 624.40 CHF 619.80 -1%
AXA SA AXAN 888.28 MXN 1,249 MXN +41%
Assicurazioni Generali S.p.A G €42.90 €12.18 -72%
Sun Life Financial Inc SLF C$114.20 C$87.83 -23%
BB Seguridade Participações S.A BBSE3 R$40.71 R$60.39 +48%
Tryg A/S TRYG kr 154.00 kr 116.45 -24%
PT Sinar Mas Multiartha Tbk SMMA 20,625 IDR 4,176 IDR -80%
Caixa Seguridade Participações S.A CXSE3 R$21.77 R$18.60 -15%

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Frequently asked questions

Is Anadolu Anonim Türk Sigorta Sirketi (ANSGR) overvalued or undervalued?
As of Aug 4, 2026, our model estimates a fair value of 54.56 TRY versus a price of 27.28 TRY, about +100% (undervalued).
What is the fair value of ANSGR?
Our model-based fair value for Anadolu Anonim Türk Sigorta Sirketi is 54.56 TRY (as of Aug 4, 2026), built from audited fundamentals. The current price is 27.28 TRY.
What is the quality score of ANSGR?
Anadolu Anonim Türk Sigorta Sirketi has a Quality Score of 54/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Anadolu Anonim Türk Sigorta Sirketi (ANSGR)?
Anadolu Anonim Türk Sigorta Sirketi reported trailing-twelve-month revenue of about 106B TRY (latest available figure, as of Aug 4, 2026).
What is the net profit margin of ANSGR?
The net profit margin of Anadolu Anonim Türk Sigorta Sirketi is about 14.7%, meaning it keeps roughly 14.7% of revenue as net income. Based on the latest reported figures.
Does Anadolu Anonim Türk Sigorta Sirketi pay a dividend?
Anadolu Anonim Türk Sigorta Sirketi currently shows a dividend yield of about 5.07% relative to its recent price (as of Aug 4, 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.

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