AVRUPAKENT GMYO (AVPGY) fair value: what the stock is really worth
We calculate from audited financials what AVRUPAKENT GMYO is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Watch AVRUPAKENT GMYO for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch 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, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
33‑month range 30.73 TRY – 63.83 TRY · fair‑value band 76.81 TRY – 215.05 TRY · the 55.95 TRY price screens below the 139.88 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 13, 2026.
Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi engages in the real estate development, leasing, and business administration activities in Turkey. It operates residential, shopping malls, and other real estate properties. The company was founded in 1977 and is based in Istanbul, Turkey.
Stock analysis
AVRUPAKENT GMYO (AVPGY) currently trades at 55.95 TRY, while our model-based Fair Value estimate is 139.88 TRY, implying the stock looks roughly 60.0% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 235.20 TRY per share, and 16 of the 16 models we run sit above the 55.95 TRY price.
Bear case: the Asset-Based group reads lowest at 67.37 TRY, and 0 of the 16 models stay below the price. Evidence for this calculation is high.
Scenario range: 76.81 TRY (bear) to 215.05 TRY (bull), the price of 55.95 TRY sits below 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 56/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
AVRUPAKENT GMYO reported revenue of 6.8B TRY in FY2026 versus 171M TRY in FY2022, a compound +151.6%/yr. Reported net income was 1.6B TRY in FY2026, compounding +14.2%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap 22.4B TRY (≈ $461M) · P/E ratio 15.2 · P/S ratio 3.57 · EPS (TTM) 3.69 TRY · Dividend yield 10.5% · Net margin 23.5% · Return on equity 3.7% · Return on assets (EBIT) 7.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 32% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −7% fair-value upside, at 150%, AVPGY screens cheaper than that median.
Fair Value models
Bear 76.81 TRYFair Value 139.88 TRYBull 215.05 TRY
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 2 months old). Earnings retained since then (0.7683 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.Evidence ⓘEvidence = 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.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−29.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+47.0%
’21
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in TRY ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TRY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+35.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+25.1%
Dividend (yield on the price)10.5%
Profit margin 2021 to 2026 ⓘ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% → 38%
Growth Forecast
Little optimism in the price
The price assumes less 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).
−8.4%
Yearly growth needed for the next five years to justify today's price.
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.Real Estate - Diversified · 131 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside+56% · Above median
Profitability
Return on equity (TTM)4% · Below median
Return on assets2% · Above median
Net margin (TTM)21% · Above median
Operating margin (TTM)61% · Top 25%
Growth and dividend
Revenue growth22% · Above median
Dividend yield (TTM)10.5% · Top 25%
Valuation Multiplesvs Real Estate - Diversified median · lower = cheaper
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). "AVRUPAKENT GMYO Fair Value". https://www.fairvalue-calculator.com/stock/AVPGY
Frequently asked questions
Is AVRUPAKENT GMYO (AVPGY) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of 139.88 TRY versus a price of 55.95 TRY, about +150% upside (undervalued).
What is the fair value of AVPGY?
Our model-based fair value for AVRUPAKENT GMYO is 139.88 TRY (as of Sep 13, 2026), built from audited fundamentals. The current price: 55.95 TRY.
What is the quality score of AVPGY?
AVRUPAKENT GMYO has a Quality Score of 56/100. 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 AVRUPAKENT GMYO (AVPGY)?
Our model-based price target is the fair value of 139.88 TRY (as of Sep 13, 2026) from 16 valuation models. Cautious scenario 76.81 TRY, optimistic scenario 215.05 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the AVRUPAKENT GMYO stock forecast for 2026?
Our models put fair value at 139.88 TRY, about +150% upside versus a price of 55.95 TRY (undervalued). Cautious scenario 76.81 TRY, optimistic scenario 215.05 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of AVRUPAKENT GMYO (AVPGY)?
AVRUPAKENT GMYO reported trailing-twelve-month revenue of about 7.1B TRY (latest available figure, as of Sep 13, 2026).
Does AVRUPAKENT GMYO pay a dividend?
AVRUPAKENT GMYO currently shows a dividend yield of about 10.49% relative to its recent price (as of Sep 13, 2026).
What growth is priced into AVRUPAKENT GMYO (AVPGY)?
For today's price to be fair in a discounted-cash-flow model, AVRUPAKENT GMYO would have to grow free cash flow by -8.4 % per year for five years (discount rate 14.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +47.1 % per year. As of Sep 13, 2026.
What discount rate (WACC) does the fair value of AVPGY use?
Our models discount AVRUPAKENT GMYO at 14.2 %: a base by market capitalisation (small), damped by beta 0.35, 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 AVRUPAKENT GMYO that is -8.4 % per year a year over ten years, using the same discount rate (14.2 %) and the same formula as our fair value.
How much growth has AVRUPAKENT GMYO (AVPGY) delivered so far?
Over the past 5 years revenue at AVRUPAKENT GMYO grew +47.1 % a year. The price currently implies -8.4 % 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 AVRUPAKENT GMYO (AVPGY) growing?
The median revenue growth in the sector is +1.6 % a year. That is the yardstick for the growth priced into AVRUPAKENT GMYO (-8.4 % 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 AVRUPAKENT GMYO (AVPGY)?
The free-cash-flow yield on the price is 19.20 %: that much free cash flow AVRUPAKENT GMYO produces per unit of market value. When it exceeds the discount rate of our models (14.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of AVRUPAKENT GMYO (AVPGY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For AVRUPAKENT GMYO it is 139.88 TRY per share (as of Sep 13, 2026), against a price of 55.95 TRY. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is AVRUPAKENT GMYO stock overvalued or undervalued in 2026?
As of Sep 13, 2026, AVPGY trades below its calculated fair value: price 55.95 TRY, fair value 139.88 TRY, a gap of about +150% (undervalued). 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 AVPGY?
No. The price is what the market pays today (55.95 TRY); the fair value is what the company's own numbers justify (139.88 TRY). For AVRUPAKENT GMYO the two are 83.93 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is AVRUPAKENT GMYO worth?
The market values AVRUPAKENT GMYO at about 22.4B TRY (market capitalisation, as of Sep 13, 2026). Per share that is 55.95 TRY; our models calculate a fair value of 139.88 TRY per share.
What do the bullish and bearish scenarios say about AVPGY?
Our models span a range for AVRUPAKENT GMYO: cautious scenario 76.81 TRY, base 139.88 TRY, optimistic 215.05 TRY per share (as of Sep 13, 2026, price 55.95 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of AVPGY?
AVRUPAKENT GMYO trades at a price-to-earnings ratio of 15.2 (as of Sep 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 139.88 TRY is built from several models across several years. Other multiples: P/B 0.5, P/S 2.9, EV/EBITDA 11.9.
How solid is the balance sheet of AVRUPAKENT GMYO (AVPGY)?
Balance-sheet figures for AVRUPAKENT GMYO (as of Sep 13, 2026): return on equity 3.7%. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is AVPGY from its 52-week high?
AVRUPAKENT GMYO trades at 55.95 TRY, about 13% below its 52-week high of 64.53 TRY and 32% above the low of 42.32 TRY (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of 139.88 TRY is for.
Which stocks are comparable to AVRUPAKENT GMYO?
From the same area (Real Estate) we also value Swiss Prime Site AG, Central Pattana Public Company, Prestige Estates Projects Limited, The Phoenix Mills Limited, 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 AVRUPAKENT GMYO stock attractive at the current price?
The data as of Sep 13, 2026: price 55.95 TRY, calculated fair value 139.88 TRY (+150%), Quality Score 56/100, from 16 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 AVPGY calculated?
We run AVRUPAKENT GMYO through 16 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 139.88 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 15.8 % above its aggregate fair value. AVRUPAKENT GMYO currently trades 150 % below its own fair value, and the market average says nothing about that. 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 should I pay attention to with AVRUPAKENT GMYO right now?
The price is below even our cautious bear case (76.81 TRY). The market is more pessimistic than our downside scenario. The model range is unusually wide (76.81 TRY to 215.05 TRY). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of AVRUPAKENT GMYO
How large is the market capitalisation of AVRUPAKENT GMYO (AVPGY)?
The market capitalisation of AVRUPAKENT GMYO is 22.4B TRY (≈ $461M). 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 AVRUPAKENT GMYO (AVPGY)?
The price-to-sales ratio of AVRUPAKENT GMYO is 3.57 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of AVRUPAKENT GMYO (AVPGY)?
Earnings per share at AVRUPAKENT GMYO are 3.69 TRY (price ÷ EPS = P/E 15.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of AVRUPAKENT GMYO (AVPGY)?
The dividend yield of AVRUPAKENT GMYO is 10.5% (payout 159%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of AVRUPAKENT GMYO (AVPGY)?
The net margin of AVRUPAKENT GMYO is 23.5% (fiscal year 2026). 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 AVRUPAKENT GMYO (AVPGY)?
The return on equity (ROE) of AVRUPAKENT GMYO is 3.7% (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 AVRUPAKENT GMYO (AVPGY)?
On an EBIT basis the return on assets of AVRUPAKENT GMYO is 7.7% (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 AVRUPAKENT GMYO (AVPGY)?
The operating margin of AVRUPAKENT GMYO is 61.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at AVRUPAKENT GMYO (AVPGY)?
Revenue at AVRUPAKENT GMYO is growing +22.0% versus a year earlier (3y avg +5.1%). 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 AVRUPAKENT GMYO (AVPGY)?
Earnings per share at AVRUPAKENT GMYO are growing −45.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does AVRUPAKENT GMYO (AVPGY) carry?
The net debt of AVRUPAKENT GMYO is 5.0M TRY (fiscal year 2023, ≈ 0.0 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 AVRUPAKENT GMYO in the live analysis
One click puts AVRUPAKENT GMYO on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
