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Batisöke Söke Çimento Sanayii T.A.S. (BSOKE) Fair Value & Analysis

Basic Materials · TR · Market cap 54.6B TRY

BS Batisöke Söke Çimento Sanayii T.A.S. BSOKE · IS
Price34.92 TRY
Fair Value36.14 TRY
Upside+3.5%
Quality43/100
Mixed Growth
Loss-making · -20.5% net margin
Low debt · generates free cash flow
Trails peers (3/12)
Narrow moat 1/100
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Evidence: Medium Range 7.23 TRY – 67.06 TRY Share as image

Fair value as of: Aug 5, 2026

From 13 valuation models · updated today

Share price −6.1% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The model range is unusually wide (7.23 TRY to 67.06 TRY). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
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Price vs Fair Value (5 years)

39.50 TRY 0.5322 TRY Fair Value 36.14 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 0.5322 TRY – 39.50 TRY · fair‑value band 7.23 TRY – 67.06 TRY · the 34.92 TRY price screens below the 36.14 TRY fair value. Dashed = 300-day average. As of Aug 5, 2026.

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Analysis

Batisöke Söke Çimento Sanayii T.A.S. (BSOKE) currently trades at 34.92 TRY, while our model-based Fair Value estimate is 36.14 TRY, implying the stock looks roughly 3.5% fairly valued today. We read business quality at 43/100 (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: medium), always confirm before acting.

Over the trailing twelve months, Batisöke Söke Çimento Sanayii T.A.S. generated revenue of 5.7B TRY at a net margin of -20.5%. Revenue declined 4.4% year over year. It earns a return on equity of -9.7%. Net debt stands at 3.0B TRY. Fundamentals as of Aug 5, 2026

Our scenario range runs from 7.23 TRY (bear case) to 67.06 TRY (bull case); at 34.92 TRY, the current price sits within that range. The share trades about 13% below its 52-week high and 160% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -59% fair-value upside, at 3%, BSOKE 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 32.73 TRY 86.09 TRY 173.88 TRY 80
Rev-Margin DCF 23.53 TRY 58.13 TRY 130.41 TRY 74
Gordon GGM 0.8524 TRY 1.88 TRY 3.07 TRY 70
All 13 models by family
DCF Models
FCF DCF 36.14 TRY 69.21 TRY 174.73 TRY 38
Owner Earnings 5.63 TRY 40.40 TRY 113.19 TRY 31
5Y Revenue Exit 19.43 TRY 48.07 TRY 107.91 TRY 39
5Y EBITDA Exit 26.93 TRY 63.07 TRY 134.16 TRY 41
10Y Revenue Exit 23.70 TRY 74.50 TRY 105.86 TRY 36
10Y EBITDA Exit 30.51 TRY 90.52 TRY 194.00 TRY 37
Dividend Discount
Gordon GGM 0.8524 TRY 1.88 TRY 3.07 TRY 70
DDM Multi-Stage 0.8524 TRY 1.53 TRY 2.05 TRY 61
Multiples
EV/EBITDA 21.65 TRY 36.14 TRY 50.63 TRY 54
EV/Revenue 9.55 TRY 23.01 TRY 36.31 TRY 43
Asset-Based
NCAV (Graham) 67.34 TRY 90.18 TRY 134.50 TRY 50
Growth DCF
Growth DCF 32.73 TRY 86.09 TRY 173.88 TRY 80
Rev-Margin DCF 23.53 TRY 58.13 TRY 130.41 TRY 74

Widest divergence: Asset-Based (90.18 TRY) versus Dividend Discount (1.53 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 5.7B TRY
Revenue growth (YoY) -4.4%
Net margin -20.5%
Return on equity -9.7%
Free cash flow 322M TRY FY2025
Operating margin -5.1%
More key figures
EPS (TTM) -0.7400 TRY
EPS growth (YoY) -7.6%
Net debt 3.0B TRY FY2025

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

Quality Score breakdown

Overall quality 43/100

Of which business quality 38 · Market factors (momentum, volatility) 71

Profitability 11
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 22
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 68
Price trend over the last 3–12 months (market factor)
52W Momentum 91
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

Batisöke Söke Çimento Sanayii T.A.S. manufactures and sells clinker and cement products in Turkey and internationally. The company offers portland cement clinkers and potassium silicate cement; and aggregates and cement bypass dust.

Full company description

Batisöke Söke Çimento Sanayii T.A.S. manufactures and sells clinker and cement products in Turkey and internationally. The company offers portland cement clinkers and potassium silicate cement; and aggregates and cement bypass dust. It also provides ecoBATI CEM II C/M (L-W) 42,5 N; CEM IV/B (P-W) 32.5 R Pozzolanic Cement; CEM II/B-M (L-W) 42.5 R Portland Compound Cement; CEM II/A-M (P-L) 42.5 R Portland Compound Cement; CEM I 42.5 R-SR5 sulphate resistant Portland Cement; and CEM I 42.5 R Portland Cement. The company also exports its products. The company was founded in 1955 and is headquartered in Izmir, Turkey. Batisöke Söke Çimento Sanayii T.A.S. is a subsidiary of Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Batisöke Söke Çimento Sanayii T.A.S. reported revenue of 5.8B TRY in FY2025 versus 737M TRY in FY2021, a compound +67.6%/yr. Reported net income was −120M TRY in FY2025.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
5.8B TRY
Latest YoY
+4.0%
Avg. growth/yr (3Y)
+40.1%
Avg. growth/yr (5Y)
+65.2%
Avg. growth/yr (20Y)
+23.7%
Revenue +67.6%/yr
FY21 737M TRY
FY22 2.1B TRY
FY23 6.0B TRY
FY24 5.6B TRY
FY25 5.8B TRY
Net income
FY21 −690M TRY
FY22 −770M TRY
FY23 1.3B TRY
FY24 328M TRY
FY25 −120M TRY

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Cite: Fair Value Calculator (2026). "Batisöke Söke Çimento Sanayii T.A.S. Fair Value". https://www.fairvalue-calculator.com/stock/BSOKE

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 43 · Below median
Fair Value upside +4% · Above median
Return on assets -2% · Bottom 25%
Net margin (TTM) -21% · Bottom 25%
Operating margin (TTM) -5% · Bottom 25%
Revenue growth -4% · Below median
Debt / equity 0.17× · Higher than median

Valuation Multiples vs Building Materials median · lower = cheaper

P/B 0.09× · Cheaper than 75% of peers
P/S (TTM) 0.20× · Cheaper than 75% of peers
P/FCF 3.6× · Pricier than median
EV/EBITDA 14.1× · 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 38 · sector 26
FUTURE 0 · sector 2
PAST 0 · sector 15
HEALTH 92 · 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 Batisöke Söke Çimento Sanayii T.A.S. (BSOKE) overvalued or undervalued?
As of Aug 5, 2026, our model estimates a fair value of 36.14 TRY versus a price of 34.92 TRY, about +3% (fairly valued).
What is the fair value of BSOKE?
Our model-based fair value for Batisöke Söke Çimento Sanayii T.A.S. is 36.14 TRY (as of Aug 5, 2026), built from audited fundamentals. The current price is 34.92 TRY.
What is the quality score of BSOKE?
Batisöke Söke Çimento Sanayii T.A.S. has a Quality Score of 43/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Batisöke Söke Çimento Sanayii T.A.S. (BSOKE)?
Batisöke Söke Çimento Sanayii T.A.S. reported trailing-twelve-month revenue of about 5.7B TRY (latest available figure, as of Aug 5, 2026).
What is the net profit margin of BSOKE?
The net profit margin of Batisöke Söke Çimento Sanayii T.A.S. is about -20.5%, 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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