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Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. (BRKSN) Fair Value & Analysis

Industrials · TR · Market cap 744M TRY

BY Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. BRKSN · IS
Price7.95 TRY
Fair Value3.56 TRY
Upside-55.2%
Quality47/100
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Mixed Growth
Thin margins · 2.9% net margin
Low debt · generates free cash flow
1.56% dividend yield
Trails peers (5/14)
Narrow moat 41/100
Evidence: High Range 2.67 TRY – 4.45 TRY Share as image

Fair value as of: Aug 5, 2026

From 26 valuation models · updated yesterday

Share price +0.8% over the past month.

Below-average quality, and screening another 55% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (4.45 TRY). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

17.60 TRY 1.13 TRY Fair Value 3.56 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 1.13 TRY – 17.60 TRY · fair‑value band 2.67 TRY – 4.45 TRY · the 7.95 TRY price screens above the 3.56 TRY fair value. Dashed = 300-day average. As of Aug 5, 2026.

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Analysis

Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. (BRKSN) currently trades at 7.95 TRY, while our model-based Fair Value estimate is 3.56 TRY, implying the stock looks roughly 55.2% overvalued today. We read business quality at 47/100 (below-average quality), in the Industrials 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: high).

Over the trailing twelve months, Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. generated revenue of 810M TRY at a net margin of 2.9%. Revenue declined 0.1% year over year. It earns a return on equity of 3.2%. Net debt stands at 47.0M TRY. Fundamentals as of Aug 5, 2026

Our scenario range runs from 2.67 TRY (bear case) to 4.45 TRY (bull case); at 7.95 TRY, the current price sits above that range. The share trades about 30% below its 52-week high and 17% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at -55%, BRKSN 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
Growth DCF 9.76 TRY 16.28 TRY 26.53 TRY 80
Residual Income 5.68 TRY 5.33 TRY 4.00 TRY 76
Rev-Margin DCF 10.73 TRY 18.97 TRY 35.81 TRY 74
All 26 models by family
DCF Models
FCF DCF 10.36 TRY 14.76 TRY 27.89 TRY 38
Owner Earnings 7.03 TRY 13.71 TRY 26.10 TRY 31
5Y Revenue Exit 9.95 TRY 16.69 TRY 30.79 TRY 39
5Y EBITDA Exit 13.39 TRY 23.63 TRY 43.73 TRY 41
5Y P/E Exit 6.04 TRY 10.55 TRY 16.36 TRY 38
10Y Revenue Exit 9.83 TRY 20.46 TRY 27.21 TRY 36
10Y EBITDA Exit 12.43 TRY 27.21 TRY 53.17 TRY 37
10Y P/E Exit 7.53 TRY 12.79 TRY 20.68 TRY 35
Earnings-Based
Graham-Dodd 1.42 TRY 9.94 TRY 13.94 TRY 54
Lynch FV 4.67 TRY 6.68 TRY 8.68 TRY 50
PEG = 1.0 4.67 TRY 6.68 TRY 8.68 TRY 46
EPV 7.31 TRY 8.19 TRY 8.93 TRY 59
Dividend Discount
Gordon GGM 0.6100 TRY 1.10 TRY 1.51 TRY 70
DDM Multi-Stage 0.6100 TRY 1.00 TRY 1.17 TRY 61
Multiples
P/E Multiple 3.14 TRY 4.19 TRY 5.24 TRY 63
P/S Multiple 2.67 TRY 3.56 TRY 4.45 TRY 58
P/B Multiple 2.67 TRY 3.56 TRY 4.45 TRY 55
EV/EBIT 12.99 TRY 17.06 TRY 21.12 TRY 53
EV/EBITDA 14.59 TRY 19.18 TRY 23.77 TRY 54
EV/Revenue 9.02 TRY 12.54 TRY 16.06 TRY 43
Asset-Based
NCAV (Graham) 4.23 TRY 5.67 TRY 8.46 TRY 50
Growth DCF
Growth DCF 9.76 TRY 16.28 TRY 26.53 TRY 80
Rev-Margin DCF 10.73 TRY 18.97 TRY 35.81 TRY 74
Economic Profit
Residual Income 5.68 TRY 5.33 TRY 4.00 TRY 76
ROIC Compounder 7.31 TRY 8.19 TRY 9.64 TRY 72
Growth Earnings
Growth-Adj P/E 6.13 TRY 8.75 TRY 11.38 TRY 68

Widest divergence: Growth DCF (16.28 TRY) versus Dividend Discount (1.00 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 810M TRY
Revenue growth (YoY) -0.1%
Net margin 2.9%
Return on equity 3.2%
Free cash flow 65.7M TRY FY2025
P/E ratio 24.1
More key figures
Operating margin 11.4%
EPS (TTM) 0.3300 TRY
Dividend yield 1.6%
EPS growth (YoY) +95.3%
Net debt 47.0M TRY FY2022

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

Quality Score breakdown

Overall quality 47/100

Of which business quality 52 · Market factors (momentum, volatility) 44

Profitability 36
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 32
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 40
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

Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. engages in the manufacture, import, and export of insulation and insulation materials in Turkey and internationally.

Full company description

Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. engages in the manufacture, import, and export of insulation and insulation materials in Turkey and internationally. The company offers flat-bonded polyethylene, polypropylene and cross-linked polyethylene foam for sectors, such as construction, automotive, packaging, fitting, shoes and bags, and lifestyle. It also provides a range of services, such as interstory screed application to wall and roof insulation; soundproofing and thermal insulation in parquet to refrigerate cooler vehicle insulation; air conditioning inside and outside tools to sound and vibration isolation; heat and noise prevention in mechanical installations; and sound and vibration absorbing band. In addition, the company offers heat and sound insulation; solar energy system isolation; split air-conditioning system isolation; heating system isolation; material for sports, sea, and entertainment products; and wastewater system isolation. It provides its products under the Foamex, Airpack, Polyberk, Proberk, Airfoam, and Reflekt X brand names. The company was incorporated in 1993 and is headquartered in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. reported revenue of 810M TRY in FY2025 versus 142M TRY in FY2021, a compound +54.6%/yr. Reported net income was 19.6M TRY in FY2025, compounding +5.7%/yr from FY2021.

Growth Quality 84/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
810M TRY
Latest YoY
−6.9%
Avg. growth/yr (3Y)
+40.8%
Avg. growth/yr (5Y)
+57.4%
Avg. growth/yr (17Y)
+31.1%
Revenue +54.6%/yr
FY21 142M TRY
FY22 290M TRY
FY23 813M TRY
FY24 870M TRY
FY25 810M TRY
Net income +5.7%/yr
FY21 15.7M TRY
FY22 19.1M TRY
FY23 102M TRY
FY24 −9.7M TRY
FY25 19.6M TRY

BRKSN screens 55% overvalued. Compare with CITIC Limited →

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Cite: Fair Value Calculator (2026). "Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/BRKSN

Peer Group

Conglomerates · 370 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 47 · Below median
Fair Value upside −55% · Bottom 25%
Return on equity (TTM) 3% · Below median
Return on assets 7% · Top 25%
Net margin (TTM) 3% · Below median
Operating margin (TTM) 11% · Above median
Revenue growth -0% · Below median
Dividend yield (TTM) 1.6% · Below median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 24.1× · Pricier than median
P/B 0.94× · Pricier than median
P/S (TTM) 0.92× · Pricier than median
P/FCF 0.2× · Cheaper than median
EV/EBITDA 5.1× · Cheaper than median

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 18
FUTURE 0 · sector 15
PAST 13 · sector 19
HEALTH 100 · sector 88
DIVIDEND 31 · sector 40

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

Stock Price Fair Value vs Fair Value
CITIC Limited 0267 HK$11.28 HK$22.56 +100%
Swire Pacific Limited 0019 HK$99.50 HK$16.77 -83%
SK Inc 034730 580,000 KRW 497,919 KRW -14%
PT Astra International Tbk, ASII 4,810 IDR 9,620 IDR +100%
Grupo Carso, S.A. GCARSOA1 127.02 MXN 66.21 MXN -48%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%

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Frequently asked questions

Is Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. (BRKSN) overvalued or undervalued?
As of Aug 5, 2026, our model estimates a fair value of 3.56 TRY versus a price of 7.95 TRY, about −55% (overvalued).
What is the fair value of BRKSN?
Our model-based fair value for Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. is 3.56 TRY (as of Aug 5, 2026), built from audited fundamentals. The current price is 7.95 TRY.
What is the quality score of BRKSN?
Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. has a Quality Score of 47/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. (BRKSN)?
Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. reported trailing-twelve-month revenue of about 810M TRY (latest available figure, as of Aug 5, 2026).
What is the net profit margin of BRKSN?
The net profit margin of Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. is about 2.9%, meaning it keeps roughly 2.9% of revenue as net income. Based on the latest reported figures.
Does Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. pay a dividend?
Berkosan Yalitim Ve Tecrit Maddeleri Üretim Ve Ticaret A.S. currently shows a dividend yield of about 1.56% relative to its recent price (as of Aug 5, 2026).

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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