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Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi (BOBET) Fair Value & Analysis

Basic Materials · TR · Market cap 6.9B TRY

BB Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi BOBET · IS
Price18.05 TRY
Fair Value26.44 TRY
Upside+46.5%
Quality26/100
Expensive Growth
Loss-making · -11.8% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 0/100
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Evidence: Low Range 17.69 TRY – 35.19 TRY Share as image

Fair value as of: Aug 5, 2026

From 2 valuation models · updated today

Share price −6.5% over the past month.

Below-average quality, screening 46% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (26/100). That raises the risk this is a value trap rather than a bargain.
  • 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 (17.69 TRY to 35.19 TRY) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

45.29 TRY 3.30 TRY Fair Value 26.44 TRY Jun 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 3.30 TRY – 45.29 TRY · fair‑value band 17.69 TRY – 35.19 TRY · the 18.05 TRY price screens below the 26.44 TRY fair value. Dashed = 300-day average. As of Aug 5, 2026.

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Analysis

Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi (BOBET) currently trades at 18.05 TRY, while our model-based Fair Value estimate is 26.44 TRY, implying the stock looks roughly 46.5% undervalued today. We read business quality at 26/100 (below-average quality), in the Basic Materials 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: low), always confirm before acting.

Over the trailing twelve months, Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi generated revenue of 11.1B TRY at a net margin of -11.8%. Revenue declined 7.1% year over year. It earns a return on equity of -19.7%. Net debt stands at 3.3B TRY. Fundamentals as of Aug 5, 2026

Our scenario range runs from 17.69 TRY (bear case) to 35.19 TRY (bull case); at 18.05 TRY, the current price sits within that range. The share trades about 29% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -59% fair-value upside, at 46%, BOBET screens cheaper 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
EV/EBITDA 32.24 TRY 43.62 TRY 54.99 TRY 54
NCAV (Graham) 8.71 TRY 11.67 TRY 17.42 TRY 50
All 2 models by family
Multiples
EV/EBITDA 32.24 TRY 43.62 TRY 54.99 TRY 54
Asset-Based
NCAV (Graham) 8.71 TRY 11.67 TRY 17.42 TRY 50

Widest divergence: Multiples (43.62 TRY) versus Asset-Based (11.67 TRY). Highest evidence: EV/EBITDA (54).

Key figures & financial health

Revenue (TTM) 11.1B TRY
Revenue growth (YoY) -7.1%
Net margin -11.8%
Return on equity -19.7%
Free cash flow −2.3B TRY FY2025
Operating margin -10.5%
More key figures
EPS (TTM) -3.46 TRY
EPS growth (YoY) -95.3%
Net debt 3.3B TRY FY2025

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

Quality Score breakdown

Overall quality 26/100

Of which business quality 26 · Market factors (momentum, volatility) 41

Profitability 12
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 12
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

Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi produces, manufactures, and sells ready-made concrete and aggregates under the Bosphorus Concrete brand in Turkey.

Full company description

Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi produces, manufactures, and sells ready-made concrete and aggregates under the Bosphorus Concrete brand in Turkey. It offers standard concretes; special and technical concretes, such as fiber reinforced, colored, pressed concrete, ready plaster, screed, concrete with visible aggregate surface, white, and impermeable concretes; and boutique concretes for industrial field, marine structure, and construction and precast production sites. Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi was founded in 1997 and is headquartered in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi reported revenue of 11.3B TRY in FY2025 versus 914M TRY in FY2021, a compound +87.5%/yr. Reported net income was −1.1B TRY in FY2025.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
11.3B TRY
Latest YoY
−14.7%
Avg. growth/yr (3Y)
+49.0%
Avg. growth/yr (5Y)
+72.8%
Avg. growth/yr (7Y)
+50.4%
Revenue +87.5%/yr
FY21 914M TRY
FY22 3.4B TRY
FY23 12.9B TRY
FY24 13.3B TRY
FY25 11.3B TRY
Net income
FY21 37.6M TRY
FY22 473M TRY
FY23 2.0B TRY
FY24 211M TRY
FY25 −1.1B TRY

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Cite: Fair Value Calculator (2026). "Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi Fair Value". https://www.fairvalue-calculator.com/stock/BOBET

Peer Group

Building Materials · 258 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 30 · Bottom 25%
Fair Value upside +47% · Top 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -12% · Bottom 25%
Operating margin (TTM) -11% · Bottom 25%
Revenue growth -7% · Below median
Debt / equity 0.11× · Lower than median

Valuation Multiples vs Building Materials median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
EV/EBITDA 1.0× · Cheaper 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 95 · sector 26
FUTURE 0 · sector 2
PAST 0 · sector 15
HEALTH 95 · sector 92
DIVIDEND 0 · sector 42

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

Stock Price Fair Value vs Fair Value
CRH plc CRH $102.92 $70.57 -31%
UltraTech Cement Limited ULTRACEMCO ₹11,711 ₹4,719 -60%
China Jushi Co 600176 ¥54.52 ¥13.95 -74%
Grasim Industries Limited GRASIM ₹3,073 ₹1,245 -59%
CEMEX, S.A. CEMEXCPO 21.71 MXN 15.42 MXN -29%
Anhui Conch Cement Company 600585 ¥16.99 ¥26.14 +54%
Ambuja Cements Limited AMBUJACEM ₹435.25 ₹227.96 -48%
Shree Cement Limited SHREECEM ₹26,930 ₹8,215 -69%
TCC Group 1101B 43.70 TWD 10.48 TWD -76%
Taiwan Glass Ind. Corp 1802 53.30 TWD 13.98 TWD -74%

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Frequently asked questions

Is Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi (BOBET) overvalued or undervalued?
As of Aug 5, 2026, our model estimates a fair value of 26.44 TRY versus a price of 18.05 TRY, about +46% (undervalued).
What is the fair value of BOBET?
Our model-based fair value for Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi is 26.44 TRY (as of Aug 5, 2026), built from audited fundamentals. The current price is 18.05 TRY.
What is the quality score of BOBET?
Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi has a Quality Score of 26/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi (BOBET)?
Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi reported trailing-twelve-month revenue of about 11.1B TRY (latest available figure, as of Aug 5, 2026).
What is the net profit margin of BOBET?
The net profit margin of Bogazici Beton Sanayi Ve Ticaret Anonim Sirketi is about -11.8%, meaning it is currently running at a net loss. 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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