Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) fair value: what the stock is really worth
As of Oct 28, 2026: fair value (intrinsic value) of Arsan Tekstil Ticaret ve Sanayi AS stock TRY 1.81, price TRY 2.94, upside -38.4%, quality 55 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value 30%+ above price?No
Quality 50+?Yes
In an uptrend?Yes
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 28, 2026.
How to read this chart
60‑month range 0.3366 TRY – 4.83 TRY · fair‑value band 1.76 TRY – 1.85 TRY · the 2.94 TRY price screens above the 1.81 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 28, 2026.
Follow Arsan Tekstil Ticaret ve Sanayi AS in your weekly email
Every Wednesday you see whether Arsan Tekstil Ticaret ve Sanayi AS is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Arsan Holding Anonim Sirketi, together with its subsidiaries, engages in the production and sale of yarn in Turkey and internationally. It offers threads, knitted and woven fabrics, and knitted, woven fabrics, and yarn dyeing and finishing products.
Show moreShow less
The company is also involved in electricity generation and distribution; Construction, and Shopping Mall Management and Leasing; finance; marketing; and operation of hotel under the A'ija brand name.
The company was formerly known as Arsan Tekstil Ticaret ve Sanayi Anonim Sirketi and changed its name to Arsan Holding Anonim Sirketi in February 2026. Arsan Holding Anonim Sirketi was incorporated in 1984 and is based in Kahramanmaras, Turkey.
Stock analysis
Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) currently trades at 2.94 TRY, while our model-based Fair Value estimate is 1.81 TRY, 38.4% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of 2.10 TRY per share, and 0 of the 6 models we run sit above the 2.94 TRY price.
Bear case: the DCF Models group reads lowest at 1.81 TRY, and 6 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1.76 TRY (bear) to 1.85 TRY (bull), the price of 2.94 TRY sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Industrials sector.
Mixed Growth: Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Arsan Tekstil Ticaret ve Sanayi AS reported revenue of 136M TRY in FY2025 versus 499M TRY in FY2021, a compound −27.7%/yr. Reported net income was −388M TRY in FY2025.
Key figures
Market cap 5.2B TRY (≈ $104M) Micro · P/E ratio 12.3 · P/S ratio 13.2 · EPS (TTM) 0.2400 TRY · Net margin 99.0% · Return on equity 3.2% · Return on assets (EBIT) 0.2% · Operating margin 60.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 39% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −32% fair-value upside, at −38%, ARSAN screens richer than that median.
Fair Value models
Bear1.76 TRYFair Value 1.81 TRYBull1.85 TRY
Price 2.94 TRY · Upside -38.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.1986 TRY per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
9.5% (2020) → −146.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+13.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Turkey: IMF forecast 19.3% a year to 2030, 28.5% from 2016 to 2025) that is about −5.1% a year for the price.
Compare Arsan Tekstil Ticaret ve Sanayi AS with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Engineering & Construction · 795 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside−38.4% · Below median
Profitability
Return on equity (12 months)3.2% · Below median
Return on assets−3.0% · Bottom 25%
Net margin (12 months)99.0% · Top 25%
Operating margin (12 months)60.8% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)409.3% · Top 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
P/E (12 months)12.3× · Cheaper than median
P/B0.49× · Cheapest 25%
P/S (12 months)13.19× · Priciest 25%
Price / free cash flow16.7× · Pricier than median
EV/EBITDA35.9× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 35
FUTURE (revenue growth)100· sector 19
PAST (return on equity)13· sector 30
HEALTH (low debt)100· sector 94
DIVIDEND (yield)0· sector 42
VALUE 0: the price sits above our fair-value range.
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). "Arsan Tekstil Ticaret ve Sanayi AS Fair Value". https://www.fairvalue-calculator.com/stock/ARSAN
Frequently asked questions
Is Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) overvalued or undervalued?
As of Oct 28, 2026, our model estimates a fair value of 1.81 TRY versus a price of 2.94 TRY, about −38% upside (overvalued).
What is the fair value of ARSAN?
Our model-based fair value for Arsan Tekstil Ticaret ve Sanayi AS is 1.81 TRY (as of Oct 28, 2026), built from audited fundamentals. The current price: 2.94 TRY.
What is the quality score of ARSAN?
Arsan Tekstil Ticaret ve Sanayi AS has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
Our model-based price target is the fair value of 1.81 TRY (as of Oct 28, 2026) from 6 valuation models. Cautious scenario 1.76 TRY, optimistic scenario 1.85 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Arsan Tekstil Ticaret ve Sanayi AS stock forecast for 2026?
Our models put fair value at 1.81 TRY, about −38% upside versus a price of 2.94 TRY (overvalued). Cautious scenario 1.76 TRY, optimistic scenario 1.85 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
Arsan Tekstil Ticaret ve Sanayi AS reported trailing-twelve-month revenue of about 393M TRY (latest available figure, as of Oct 28, 2026).
What growth is priced into Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
For today's price to be fair in a discounted-cash-flow model, Arsan Tekstil Ticaret ve Sanayi AS would have to grow free cash flow by +13.3 % per year for five years (discount rate 17.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -13.2 % per year. As of Oct 28, 2026.
What discount rate (WACC) does the fair value of ARSAN use?
Our models discount Arsan Tekstil Ticaret ve Sanayi AS at 17.2 %: a base by market capitalisation (micro), country premium for Turkey. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Arsan Tekstil Ticaret ve Sanayi AS that is +13.3 % per year a year over ten years, using the same discount rate (17.2 %) and the same formula as our fair value.
How much growth has Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) delivered so far?
Over the past 5 years revenue at Arsan Tekstil Ticaret ve Sanayi AS grew -13.2 % a year. The price currently implies +13.3 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Arsan Tekstil Ticaret ve Sanayi AS (+13.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
The free-cash-flow yield on the price is 5.99 %: that much free cash flow Arsan Tekstil Ticaret ve Sanayi AS produces per unit of market value. When it exceeds the discount rate of our models (17.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Arsan Tekstil Ticaret ve Sanayi AS it is 1.81 TRY per share (as of Oct 28, 2026), against a price of 2.94 TRY. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Arsan Tekstil Ticaret ve Sanayi AS stock overvalued or undervalued in 2026?
As of Oct 28, 2026, ARSAN trades above its calculated fair value: price 2.94 TRY, fair value 1.81 TRY, a gap of about −38% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ARSAN?
No. The price is what the market pays today (2.94 TRY); the fair value is what the company's own numbers justify (1.81 TRY). For Arsan Tekstil Ticaret ve Sanayi AS the two are 1.13 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Arsan Tekstil Ticaret ve Sanayi AS worth?
The market values Arsan Tekstil Ticaret ve Sanayi AS at about 5.2B TRY (market capitalisation, as of Oct 28, 2026). Per share that is 2.94 TRY; our models calculate a fair value of 1.81 TRY per share.
What do the bullish and bearish scenarios say about ARSAN?
Our models span a range for Arsan Tekstil Ticaret ve Sanayi AS: cautious scenario 1.76 TRY, base 1.81 TRY, optimistic 1.85 TRY per share (as of Oct 28, 2026, price 2.94 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ARSAN?
Arsan Tekstil Ticaret ve Sanayi AS trades at a price-to-earnings ratio of 12.3 (as of Oct 28, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.81 TRY is built from several models across several years. Other multiples: P/B 0.5, P/S 13.2, EV/EBITDA 35.9.
How solid is the balance sheet of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
Balance-sheet figures for Arsan Tekstil Ticaret ve Sanayi AS (as of Oct 28, 2026): return on equity 3.2%, debt of 0.00 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is ARSAN from its 52-week high?
Arsan Tekstil Ticaret ve Sanayi AS trades at 2.94 TRY, about 39% below its 52-week high of 4.83 TRY and 5% above the low of 2.81 TRY (as of Oct 28, 2026). Distance from the high says nothing about value: that is what the fair value of 1.81 TRY is for.
Which stocks are comparable to Arsan Tekstil Ticaret ve Sanayi AS?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Arsan Tekstil Ticaret ve Sanayi AS stock attractive at the current price?
The data as of Oct 28, 2026: price 2.94 TRY, calculated fair value 1.81 TRY (−38%), Quality Score 55/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ARSAN calculated?
We run Arsan Tekstil Ticaret ve Sanayi AS through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 1.81 TRY, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.4 % above its aggregate fair value. Arsan Tekstil Ticaret ve Sanayi AS itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
The closing price on Oct 28, 2026 was 2.94 TRY. Our model-based fair value is 1.81 TRY, about −38% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Arsan Tekstil Ticaret ve Sanayi AS right now?
The price sits above even our optimistic bull case (1.85 TRY). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder. The models converge in a tight band (1.76 TRY to 1.85 TRY), unusually little disagreement for a valuation.
Key figures of Arsan Tekstil Ticaret ve Sanayi AS
How large is the market capitalisation of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
The market capitalisation of Arsan Tekstil Ticaret ve Sanayi AS is 5.2B TRY (≈ $104M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
The price-to-sales ratio of Arsan Tekstil Ticaret ve Sanayi AS is 13.2 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
Earnings per share at Arsan Tekstil Ticaret ve Sanayi AS are 0.2400 TRY (price ÷ EPS = P/E 12.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
The net margin of Arsan Tekstil Ticaret ve Sanayi AS is 99.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
The return on equity (ROE) of Arsan Tekstil Ticaret ve Sanayi AS is 3.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
On an EBIT basis the return on assets of Arsan Tekstil Ticaret ve Sanayi AS is 0.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
The operating margin of Arsan Tekstil Ticaret ve Sanayi AS is 60.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
Revenue at Arsan Tekstil Ticaret ve Sanayi AS is growing +409% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Arsan Tekstil Ticaret ve Sanayi AS (ARSAN)?
Earnings per share at Arsan Tekstil Ticaret ve Sanayi AS are growing +117% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) carry?
The net debt of Arsan Tekstil Ticaret ve Sanayi AS is 106M TRY (fiscal year 2022, ≈ 0.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Arsan Tekstil Ticaret ve Sanayi AS in the live analysis
One click puts Arsan Tekstil Ticaret ve Sanayi AS on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Thin data
Oct 28, 2026