White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
Bati Ege Gayrimenkul Yatirim Ortakligi A.S., an investment company, invests in the real estate sector in Denizli and the rest of Aegean Region. The company was founded in 2011 and is based in Denizli, Turkey.
BATI EGE GMYO (BEGYO) currently trades at 3.34 TRY, while our model-based Fair Value estimate is 0.3400 TRY, implying the stock looks roughly 882.3% overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 0.3700 TRY per share, and 1 of the 11 models we run sit above the 3.34 TRY price.
Bear case: the Multiples group reads lowest at 0.1600 TRY, and 10 of the 11 models stay below the price. Evidence for this calculation is low.
Scenario range: 0.2300 TRY (bear) to 0.5100 TRY (bull), the price of 3.34 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 39/100 (below-average quality), in the Real Estate sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
BATI EGE GMYO reported revenue of 156M TRY in FY2025 versus 35.6M TRY in FY2021, a compound +44.8%/yr. Reported net income was −97.5M TRY in FY2025.
Key figures
Market cap 2.7B TRY (≈ $56.1M) · P/S ratio 17.5 · EPS (TTM) −0.4000 TRY · Dividend yield 2.6% · Net margin −62.4% · Return on equity −6.5% · Return on assets (EBIT) 4.2% · Operating margin 42.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 75% below its 52-week high, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 7% fair-value upside, at −90%, BEGYO screens richer than that median.
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.
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.
Highest evidence
FCF DCF
0.3600 TRY
0.5500 TRY
1.13 TRY
74
Growth DCF
0.3400 TRY
0.6300 TRY
1.10 TRY
73
5Y EBITDA Exit
0.2000 TRY
0.3000 TRY
0.5000 TRY
71
All 11 models by family
DCF Models
FCF DCF
0.3600 TRY
0.5500 TRY
1.13 TRY
74
5Y Revenue Exit
0.1600 TRY
0.2300 TRY
0.3600 TRY
70
5Y EBITDA Exit
0.2000 TRY
0.3000 TRY
0.5000 TRY
71
10Y Revenue Exit
0.2200 TRY
0.3700 TRY
0.4400 TRY
65
10Y EBITDA Exit
0.2500 TRY
0.4500 TRY
0.7700 TRY
64
Multiples
EV/EBIT
0.1300 TRY
0.1600 TRY
0.2000 TRY
66
EV/EBITDA
0.1300 TRY
0.1700 TRY
0.2100 TRY
67
EV/Revenue
0.0800 TRY
0.1000 TRY
0.1300 TRY
54
Asset-Based
NCAV (Graham)
3.19 TRY
4.28 TRY
6.38 TRY
54
Growth DCF
Growth DCF
0.3400 TRY
0.6300 TRY
1.10 TRY
73
Rev-Margin DCF
0.1800 TRY
0.2600 TRY
0.4400 TRY
69
Open the full fair value analysis →
Overall quality
39/100
Of which business quality 39
· Market factors (momentum, volatility) 29
Profitability
5
Margins and returns on capital today
Quality Growth
0
Are margins and returns improving?
Cashflow
63
Earnings quality: real cash, not paper profit
Fin. Strength
50
Balance sheet, leverage, solvency risk
Investment
33
Disciplined investing over empire-building
Low Volatility
76
Calm price path (market factor)
Momentum
14
Price trend over the last 3–12 months (market factor)
52W Momentum
0
Distance to the 52-week high (market factor)
Net Issuance
82
Share count: buybacks or dilution?
Open the full quality analysis →
VALUE 0: the price sits above our fair-value range.
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate.
Pick a strategy and jump into the live analysis with that exact screen applied.
Is BATI EGE GMYO (BEGYO) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of 0.3400 TRY versus a price of 3.34 TRY, about −90% upside (overvalued).
What is the fair value of BEGYO?
Our model-based fair value for BATI EGE GMYO is 0.3400 TRY (as of Sep 13, 2026), built from audited fundamentals. The current price: 3.34 TRY.
What is the quality score of BEGYO?
BATI EGE GMYO has a Quality Score of 39/100. 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 BATI EGE GMYO (BEGYO)?
Our model-based price target is the fair value of 0.3400 TRY (as of Sep 13, 2026) from 11 valuation models. Cautious scenario 0.2300 TRY, optimistic scenario 0.5100 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the BATI EGE GMYO stock forecast for 2026?
Our models put fair value at 0.3400 TRY, about −90% upside versus a price of 3.34 TRY (overvalued). Cautious scenario 0.2300 TRY, optimistic scenario 0.5100 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of BATI EGE GMYO (BEGYO)?
BATI EGE GMYO reported trailing-twelve-month revenue of about 161M TRY (latest available figure, as of Sep 13, 2026).
Does BATI EGE GMYO pay a dividend?
BATI EGE GMYO currently shows a dividend yield of about 2.57% relative to its recent price (as of Sep 13, 2026).
What growth is priced into BATI EGE GMYO (BEGYO)?
For today's price to be fair in a discounted-cash-flow model, BATI EGE GMYO would have to grow free cash flow by +73.1 % 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 +45.5 % per year. As of Sep 13, 2026.
What discount rate (WACC) does the fair value of BEGYO use?
Our models discount BATI EGE GMYO 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 BATI EGE GMYO that is +73.1 % 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 BATI EGE GMYO (BEGYO) delivered so far?
Over the past 5 years revenue at BATI EGE GMYO grew +45.5 % a year. The price currently implies +73.1 % 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 BATI EGE GMYO (BEGYO) growing?
The median revenue growth in the sector is +1.6 % a year. That is the yardstick for the growth priced into BATI EGE GMYO (+73.1 % 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 BATI EGE GMYO (BEGYO)?
The free-cash-flow yield on the price is 0.65 %: that much free cash flow BATI EGE GMYO 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 BATI EGE GMYO (BEGYO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BATI EGE GMYO it is 0.3400 TRY per share (as of Sep 13, 2026), against a price of 3.34 TRY. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is BATI EGE GMYO stock overvalued or undervalued in 2026?
As of Sep 13, 2026, BEGYO trades above its calculated fair value: price 3.34 TRY, fair value 0.3400 TRY, a gap of about −90% (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 BEGYO?
No. The price is what the market pays today (3.34 TRY); the fair value is what the company's own numbers justify (0.3400 TRY). For BATI EGE GMYO the two are 3.00 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is BATI EGE GMYO worth?
The market values BATI EGE GMYO at about 2.7B TRY (market capitalisation, as of Sep 13, 2026). Per share that is 3.34 TRY; our models calculate a fair value of 0.3400 TRY per share.
What do the bullish and bearish scenarios say about BEGYO?
Our models span a range for BATI EGE GMYO: cautious scenario 0.2300 TRY, base 0.3400 TRY, optimistic 0.5100 TRY per share (as of Sep 13, 2026, price 3.34 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of BATI EGE GMYO (BEGYO)?
Balance-sheet figures for BATI EGE GMYO (as of Sep 13, 2026): return on equity −6.5%. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is BEGYO from its 52-week high?
BATI EGE GMYO trades at 3.34 TRY, about 75% below its 52-week high of 13.25 TRY (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of 0.3400 TRY is for.
Which stocks are comparable to BATI EGE GMYO?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, Vinhomes Joint Stock Company, CK Asset Holdings, 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 BATI EGE GMYO stock attractive at the current price?
The data as of Sep 13, 2026: price 3.34 TRY, calculated fair value 0.3400 TRY (−90%), Quality Score 39/100, from 11 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 BEGYO calculated?
We run BATI EGE GMYO through 11 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 0.3400 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. BATI EGE GMYO 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 should I pay attention to with BATI EGE GMYO right now?
The price sits above even our optimistic bull case (0.5100 TRY). The favourable scenario is already priced in. Weak quality (39/100) 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 (0.2300 TRY to 0.5100 TRY) leaves room in how you read the outcome.
Key figures of BATI EGE GMYO
How large is the market capitalisation of BATI EGE GMYO (BEGYO)?
The market capitalisation of BATI EGE GMYO is 2.7B TRY (≈ $56.1M). 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 BATI EGE GMYO (BEGYO)?
The price-to-sales ratio of BATI EGE GMYO is 17.5 (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 BATI EGE GMYO (BEGYO)?
Earnings per share at BATI EGE GMYO are −0.4000 TRY. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of BATI EGE GMYO (BEGYO)?
The dividend yield of BATI EGE GMYO is 2.6%. 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 BATI EGE GMYO (BEGYO)?
The net margin of BATI EGE GMYO is −62.4% (fiscal year 2025). 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 BATI EGE GMYO (BEGYO)?
The return on equity (ROE) of BATI EGE GMYO is −6.5% (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 BATI EGE GMYO (BEGYO)?
On an EBIT basis the return on assets of BATI EGE GMYO is 4.2% (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 BATI EGE GMYO (BEGYO)?
The operating margin of BATI EGE GMYO is 42.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BATI EGE GMYO (BEGYO)?
Revenue at BATI EGE GMYO is growing +13.8% versus a year earlier (3y avg −2.3%). 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 BATI EGE GMYO (BEGYO)?
Earnings per share at BATI EGE GMYO are growing −97.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does BATI EGE GMYO (BEGYO) carry?
The net debt of BATI EGE GMYO is 840M TRY (fiscal year 2022, ≈ 47.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.