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Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. (BRISA) Fair Value & Analysis

Consumer Cyclical · TR · Market cap 23.8B TRY

BB Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. BRISA · IS
Price78.10 TRY
Fair Value220.80 TRY
Upside+182.7%
Quality41/100
Mixed Growth
Loss-making · -0.9% net margin
Low debt · generates free cash flow
Ranks above peers (6/10)
Narrow moat 26/100
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Evidence: Medium Range 159.58 TRY – 282.02 TRY Share as image

Fair value as of: Aug 5, 2026

From 14 valuation models · updated today

Share price −7.6% over the past month.

Below-average quality, screening 183% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (41/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (159.58 TRY). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

143.85 TRY 16.77 TRY Fair Value 220.80 TRY May 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 16.77 TRY – 143.85 TRY · fair‑value band 159.58 TRY – 282.02 TRY · the 78.10 TRY price screens below the 220.80 TRY fair value. Dashed = 300-day average. As of Aug 5, 2026.

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Analysis

Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. (BRISA) currently trades at 78.10 TRY, while our model-based Fair Value estimate is 220.80 TRY, implying the stock looks roughly 182.7% undervalued today. We read business quality at 41/100 (below-average quality), in the Consumer Cyclical 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, Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. generated revenue of 42.6B TRY at a net margin of -0.9%. Revenue grew 12.2% year over year. It earns a return on equity of -1.7%. Net debt stands at 7.3B TRY. Fundamentals as of Aug 5, 2026

Our scenario range runs from 159.58 TRY (bear case) to 282.02 TRY (bull case); at 78.10 TRY, the current price sits below that range. The share trades about 25% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at 183%, BRISA 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
Growth DCF 249.91 TRY 473.18 TRY 898.53 TRY 80
Rev-Margin DCF 179.94 TRY 321.92 TRY 533.23 TRY 74
ROIC Compounder 163.95 TRY 233.45 TRY 321.34 TRY 72
All 14 models by family
DCF Models
FCF DCF 261.11 TRY 427.39 TRY 902.44 TRY 38
Owner Earnings 22.34 TRY 27.77 TRY 39.16 TRY 31
5Y Revenue Exit 179.94 TRY 304.56 TRY 544.60 TRY 39
5Y EBITDA Exit 252.19 TRY 461.15 TRY 842.17 TRY 41
10Y Revenue Exit 198.36 TRY 360.45 TRY 547.25 TRY 36
10Y EBITDA Exit 254.29 TRY 497.03 TRY 937.03 TRY 37
Earnings-Based
EPV 134.70 TRY 154.14 TRY 171.15 TRY 59
Multiples
EV/EBIT 201.76 TRY 262.98 TRY 324.20 TRY 53
EV/EBITDA 253.27 TRY 331.66 TRY 410.05 TRY 54
EV/Revenue 141.90 TRY 194.95 TRY 248.01 TRY 43
Asset-Based
NCAV (Graham) 38.64 TRY 51.77 TRY 77.27 TRY 50
Growth DCF
Growth DCF 249.91 TRY 473.18 TRY 898.53 TRY 80
Rev-Margin DCF 179.94 TRY 321.92 TRY 533.23 TRY 74
Economic Profit
ROIC Compounder 163.95 TRY 233.45 TRY 321.34 TRY 72

Widest divergence: DCF Models (360.45 TRY) versus Asset-Based (51.77 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 42.6B TRY
Revenue growth (YoY) +12.2%
Net margin -0.9%
Return on equity -1.7%
Free cash flow 4.7B TRY FY2025
Operating margin 11.7%
More key figures
EPS (TTM) -1.38 TRY
EPS growth (YoY) -16.1%
Net debt 7.3B TRY FY2025

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

Quality Score breakdown

Overall quality 41/100

Of which business quality 43 · Market factors (momentum, volatility) 44

Profitability 21
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 28
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 28
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

Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. engages in the manufacture, marketing, and sale of vehicle tires in Turkey and internationally.

Full company description

Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. engages in the manufacture, marketing, and sale of vehicle tires in Turkey and internationally. The company offers tires for radial, passenger car, truck, minibus, bus outer tires, automobiles, light commercial vehicles, buses, trucks, and agricultural and construction machinery under the Bridgestone, Lassa, Dayton, Firestone, and Kinesis brand names; tire retreading services under the Bandag brand name; and vehicle maintenance services. It provides digital fleet services through Filofix road assistance mobile application and fleet services under the Probox, Mobilfix, and Propratik brands. The company offers its products and services through its stores and e-commerce platform under Lastik.com.tr website. The company was formerly known as Lassa Lastik Sanayi ve Ticaret A.S. and changed its name to Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. in 1988. Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. was incorporated in 1974 and is headquartered in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. reported revenue of 41.3B TRL in FY2025 versus 6.6B TRL in FY2021, a compound +58.0%/yr. Reported net income was −1.1B TRL in FY2025.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
41.3B TRY
Latest YoY
−8.6%
Avg. growth/yr (3Y)
+43.2%
Avg. growth/yr (5Y)
+57.7%
Avg. growth/yr (25Y)
−28.0%
Revenue +58.0%/yr
FY21 6.6B TRL
FY22 14.1B TRL
FY23 38.3B TRL
FY24 45.2B TRL
FY25 41.3B TRL
Net income
FY21 1.0B TRL
FY22 2.0B TRL
FY23 5.8B TRL
FY24 2.0B TRL
FY25 −1.1B TRL

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Cite: Fair Value Calculator (2026). "Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/BRISA

Peer Group

Auto Parts · 663 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 41 · Below median
Fair Value upside +183% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 12% · Above median
Debt / equity 0.12× · Higher than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 0.1× · 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 100 · sector 11
FUTURE 61 · sector 24
PAST 0 · sector 26
HEALTH 94 · sector 95
DIVIDEND 0 · sector 29

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

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MRF Limited MRF ₹131,025 ₹125,849 -4%
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Frequently asked questions

Is Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. (BRISA) overvalued or undervalued?
As of Aug 5, 2026, our model estimates a fair value of 220.80 TRY versus a price of 78.10 TRY, about +183% (undervalued).
What is the fair value of BRISA?
Our model-based fair value for Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. is 220.80 TRY (as of Aug 5, 2026), built from audited fundamentals. The current price is 78.10 TRY.
What is the quality score of BRISA?
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. has a Quality Score of 41/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. (BRISA)?
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. reported trailing-twelve-month revenue of about 42.6B TRY (latest available figure, as of Aug 5, 2026).
What is the net profit margin of BRISA?
The net profit margin of Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. is about -0.9%, 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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