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Atlas Menkul Kiymetler Yatirim Ortakligi A.S. (ATLAS) Fair Value & Analysis

Financial Services · TR · Market cap 431M TRY

AM Atlas Menkul Kiymetler Yatirim Ortakligi A.S. ATLAS · IS
Price7.04 TRY
Fair Value13.29 TRY
Upside+88.8%
Quality51/100
Mixed Growth
Thin margins · 1.5% net margin
generates free cash flow
Ranks above peers (10/13)
Moderate moat 60/100
Watch Atlas Menkul Kiymetler Yatirim Ortakligi A.S. for free, get notified when fair value or trend changes. Watch for free
Evidence: Medium Range 8.54 TRY – 16.61 TRY Share as image

Fair value as of: Jul 31, 2026

From 14 valuation models · updated today

Share price −11.0% over the past month.

What matters now

  • The price is below even our cautious bear case (8.54 TRY). The market is more pessimistic than our downside scenario.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (8.54 TRY to 16.61 TRY) leaves room in how you read the outcome.
  • 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)

11.80 TRY 5.51 TRY Fair Value 13.29 TRY Aug 2025 Jul 2026

12‑month range 5.51 TRY – 11.80 TRY · fair‑value band 8.54 TRY – 16.61 TRY · the 7.04 TRY price screens below the 13.29 TRY fair value. As of Jul 31, 2026.

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Analysis

Atlas Menkul Kiymetler Yatirim Ortakligi A.S. (ATLAS) currently trades at 7.04 TRY, while our model-based Fair Value estimate is 13.29 TRY, implying the stock looks roughly 88.8% undervalued today. We read business quality at 51/100 (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: medium), always confirm before acting.

Over the trailing twelve months, Atlas Menkul Kiymetler Yatirim Ortakligi A.S. generated revenue of 5.8B TRY at a net margin of 1.5%. Revenue grew 136.6% year over year. It earns a return on equity of 17.9%. The stock trades on a trailing P/E of 5.1. Fundamentals as of Jul 31, 2026

Our scenario range runs from 8.54 TRY (bear case) to 16.61 TRY (bull case); at 7.04 TRY, the current price sits below that range. The share trades about 42% below its 52-week high and 34% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 36% fair-value upside, at 89%, ATLAS screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 5.8B TRY
Revenue growth (YoY) +137%
Net margin 1.5%
Return on equity 17.9%
Free cash flow 50.6M TRY FY2025
P/E ratio 5.1
More key figures
Operating margin 15.9%
EPS (TTM) 1.42 TRY
EPS growth (YoY) -16.3%

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

Quality Score breakdown

Overall quality 51/100
Profitability 31
Quality Growth 48
Cashflow 46
Fin. Strength 80
Investment 33
Low Volatility 49
Momentum 31
52W Momentum 40
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

Atlas Menkul Kiymetler Yatirim Ortakligi A.S. engages in the provision of portfolio management services related to securities traded on national and international stock exchanges. It manages a portfolio composed of capital market instruments. The company was incorporated in 1993 and is headquartered in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Atlas Menkul Kiymetler Yatirim Ortakligi A.S. reported revenue of 5.4B TRY in FY2025 versus 528M TRY in FY2021, a compound +78.7%/yr. Reported net income was −23.2M TRY in FY2025.

Revenue +78.7%/yr
FY21 528M TRY
FY22 1.5B TRY
FY23 4.4B TRY
FY24 4.9B TRY
FY25 5.4B TRY
Net income
FY21 12.4M TRY
FY22 109M TRY
FY23 −84.2M TRY
FY24 14.5M TRY
FY25 −23.2M TRY

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Cite: Fair Value Calculator (2026). "Atlas Menkul Kiymetler Yatirim Ortakligi A.S. Fair Value". https://www.fairvalue-calculator.com/stock/ATLAS

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 100 / 85
PAST 72 / 29
HEALTH 0 / 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).

Stock Price Fair Value vs Fair Value
The Goldman Sachs Group GS C$52.65 C$21.26 -60%
Mirae Asset Securities Co 006800 46,100 KRW 36,828 KRW -20%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 229,000 KRW 409,648 KRW +79%
NH Investment & Securities Co 005940 31,750 KRW 63,500 KRW +100%
Samsung Securities Co 016360 108,000 KRW 146,629 KRW +36%
Motilal Oswal Financial Services Limited MOTILALOFS ₹855.35 ₹662.88 -23%
Kiwoom Securities Co 039490 337,000 KRW 552,296 KRW +64%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 627.50 ARS +100%

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Frequently asked questions

Is Atlas Menkul Kiymetler Yatirim Ortakligi A.S. (ATLAS) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 13.29 TRY versus a price of 7.04 TRY, about +89% (undervalued).
What is the fair value of ATLAS?
Our model-based fair value for Atlas Menkul Kiymetler Yatirim Ortakligi A.S. is 13.29 TRY (as of Jul 31, 2026), built from audited fundamentals. The current price is 7.04 TRY.
What is the quality score of ATLAS?
Atlas Menkul Kiymetler Yatirim Ortakligi A.S. has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Atlas Menkul Kiymetler Yatirim Ortakligi A.S. (ATLAS)?
Atlas Menkul Kiymetler Yatirim Ortakligi A.S. reported trailing-twelve-month revenue of about 5.8B TRY (latest available figure, as of Jul 31, 2026).
What is the net profit margin of ATLAS?
The net profit margin of Atlas Menkul Kiymetler Yatirim Ortakligi A.S. is about 1.5%, meaning it keeps roughly 1.5% 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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