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Bilici Yatirim Sanayi ve Ticaret A.S. (BLCYT) Fair Value & Analysis

Consumer Cyclical · TR · Market cap 1.9B TRY

BY Bilici Yatirim Sanayi ve Ticaret A.S. BLCYT · IS
Price18.88 TRY
Fair Value6.76 TRY
Upside-64.2%
Quality29/100
Expensive Growth
Highly profitable · 24.6% net margin
Low debt · negative free cash flow
Trails peers (4/12)
Narrow moat 29/100
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Evidence: Medium Range 5.07 TRY – 8.46 TRY Share as image

Fair value as of: Aug 5, 2026

From 17 valuation models · updated today

Share price −17.1% over the past month.

Below-average quality, and screening another 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (8.46 TRY). The favourable scenario is already priced in.
  • Weak quality (29/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

60.50 TRY 9.51 TRY Fair Value 6.76 TRY Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 5, 2026.

How to read this chart

60‑month range 9.51 TRY – 60.50 TRY · fair‑value band 5.07 TRY – 8.46 TRY · the 18.88 TRY price screens above the 6.76 TRY fair value. Dashed = 300-day average. As of Aug 5, 2026.

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Analysis

Bilici Yatirim Sanayi ve Ticaret A.S. (BLCYT) currently trades at 18.88 TRY, while our model-based Fair Value estimate is 6.76 TRY, implying the stock looks roughly 64.2% overvalued today. We read business quality at 29/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Bilici Yatirim Sanayi ve Ticaret A.S. generated revenue of 546M TRY at a net margin of 24.6%. Revenue declined 36.7% year over year. It earns a return on equity of 0.6%. Net debt stands at 3.4M TRY. Fundamentals as of Aug 5, 2026

Our scenario range runs from 5.07 TRY (bear case) to 8.46 TRY (bull case); at 18.88 TRY, the current price sits above that range. The share trades about 69% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -34% fair-value upside, at -64%, BLCYT screens richer 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 11.45 TRY 10.38 TRY 6.89 TRY 76
ROIC Compounder 1.13 TRY 1.15 TRY 1.16 TRY 72
Gordon GGM 0.4892 TRY 0.8814 TRY 1.21 TRY 70
All 17 models by family
DCF Models
Owner Earnings 5.25 TRY 9.75 TRY 18.11 TRY 31
Earnings-Based
Graham-Dodd 1.14 TRY 7.96 TRY 11.17 TRY 54
Lynch FV 3.58 TRY 5.11 TRY 6.65 TRY 50
PEG = 1.0 3.58 TRY 5.11 TRY 6.65 TRY 46
EPV 1.13 TRY 1.15 TRY 1.16 TRY 59
Dividend Discount
Gordon GGM 0.4892 TRY 0.8814 TRY 1.21 TRY 70
DDM Multi-Stage 0.4892 TRY 0.8055 TRY 0.9404 TRY 61
Multiples
P/E Multiple 2.52 TRY 3.36 TRY 4.20 TRY 63
P/S Multiple 2.14 TRY 2.85 TRY 3.57 TRY 58
P/B Multiple 2.14 TRY 2.85 TRY 3.57 TRY 55
EV/EBIT 1.36 TRY 1.46 TRY 1.56 TRY 53
EV/EBITDA 5.99 TRY 7.64 TRY 9.29 TRY 54
EV/Revenue 1.25 TRY 1.35 TRY 1.43 TRY 43
Asset-Based
NCAV (Graham) 8.93 TRY 11.96 TRY 17.85 TRY 50
Economic Profit
Residual Income 11.45 TRY 10.38 TRY 6.89 TRY 76
ROIC Compounder 1.13 TRY 1.15 TRY 1.16 TRY 72
Growth Earnings
Growth-Adj P/E 4.73 TRY 6.76 TRY 8.79 TRY 68

Widest divergence: Asset-Based (11.96 TRY) versus Dividend Discount (0.8055 TRY). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 546M TRY
Revenue growth (YoY) -36.7%
Net margin 24.6%
Return on equity 0.6%
Free cash flow −122M TRY FY2025
P/E ratio 13.5
More key figures
Operating margin -29.0%
EPS (TTM) 1.40 TRY
EPS growth (YoY) -71.7%
Net debt 3.4M TRY FY2019

Figures from reported company fundamentals · as of Aug 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 29/100

Of which business quality 32 · Market factors (momentum, volatility) 26

Profitability 16
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 14
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 16
Distance to the 52-week high (market factor)
Net Issuance 82
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

Bilici Yatirim Sanayi ve Ticaret A.S. engages in the textiles, tourism, and energy businesses in Turkey. The company is involved in the production of textiles, fabrics, cloths, dyes, finishing, and sizing operations or outsourcing; and semi-finished products and raw materials, including cotton fabric, polyester, and yarn, as well as woven and polyester …

Full company description

Bilici Yatirim Sanayi ve Ticaret A.S. engages in the textiles, tourism, and energy businesses in Turkey. The company is involved in the production of textiles, fabrics, cloths, dyes, finishing, and sizing operations or outsourcing; and semi-finished products and raw materials, including cotton fabric, polyester, and yarn, as well as woven and polyester clothing. It also engages in buying, renting, constructing buildings; tourism activities; and electricity production. Bilici Yatirim Sanayi ve Ticaret A.S. was founded in 1950 and is based in Adana, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bilici Yatirim Sanayi ve Ticaret A.S. reported revenue of 615M TRY in FY2025 versus 322M TRY in FY2021, a compound +17.5%/yr. Reported net income was 39.8M TRY in FY2025, compounding −20.5%/yr from FY2021.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
615M TRY
Latest YoY
−37.1%
Avg. growth/yr (3Y)
−3.3%
Avg. growth/yr (5Y)
+39.1%
Avg. growth/yr (17Y)
+26.6%
Revenue +17.5%/yr
FY21 322M TRY
FY22 679M TRY
FY23 744M TRY
FY24 977M TRY
FY25 615M TRY
Net income −20.5%/yr
FY21 99.8M TRY
FY22 317M TRY
FY23 595M TRY
FY24 350M TRY
FY25 39.8M TRY

BLCYT screens 64% overvalued. Compare with Shenzhou International Group →

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Cite: Fair Value Calculator (2026). "Bilici Yatirim Sanayi ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/BLCYT

Peer Group

Textile Manufacturing · 317 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 29 · Bottom 25%
Fair Value upside −64% · Bottom 25%
Return on equity (TTM) 1% · Below median
Return on assets -1% · Bottom 25%
Net margin (TTM) 25% · Top 25%
Operating margin (TTM) -29% · Bottom 25%
Revenue growth -37% · Bottom 25%

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 13.5× · Cheaper than median
P/B 0.45× · Cheaper than 75% of peers
P/S (TTM) 3.46× · Pricier than 75% of peers
EV/EBITDA 26.4× · Pricier than 75% of peers

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 0 · sector 11
FUTURE 0 · sector 0
PAST 3 · sector 15
HEALTH 100 · sector 95
DIVIDEND 0 · sector 34

VALUE 0: the price sits above our fair-value range.

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 Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 5, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥21.65 ¥14.53 -33%
HMT (Xiamen) New Technical Materials Co 603306 ¥91.75 ¥12.85 -86%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,181 ₹467.49 -60%
Zhejiang Orient Holdings 600120 ¥5.06 ¥2.33 -54%
Vardhman Textiles Limited VTL ₹666.25 ₹437.96 -34%
Shandong Fiberglass Group 605006 ¥16.75 ¥6.42 -62%
Ruentex Industries Ltd 2915 51.10 TWD 139.67 TWD +173%
Welspun Living Limited WELSPUNLIV ₹166.83 ₹43.43 -74%

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Frequently asked questions

Is Bilici Yatirim Sanayi ve Ticaret A.S. (BLCYT) overvalued or undervalued?
As of Aug 5, 2026, our model estimates a fair value of 6.76 TRY versus a price of 18.88 TRY, about −64% (overvalued).
What is the fair value of BLCYT?
Our model-based fair value for Bilici Yatirim Sanayi ve Ticaret A.S. is 6.76 TRY (as of Aug 5, 2026), built from audited fundamentals. The current price is 18.88 TRY.
What is the quality score of BLCYT?
Bilici Yatirim Sanayi ve Ticaret A.S. has a Quality Score of 29/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Bilici Yatirim Sanayi ve Ticaret A.S. (BLCYT)?
Bilici Yatirim Sanayi ve Ticaret A.S. reported trailing-twelve-month revenue of about 546M TRY (latest available figure, as of Aug 5, 2026).
What is the net profit margin of BLCYT?
The net profit margin of Bilici Yatirim Sanayi ve Ticaret A.S. is about 24.6%, meaning it keeps roughly 24.6% 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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