EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Can2 Termik AS (CANTE) fair value: what the stock is really worth

We calculate from audited financials what Can2 Termik AS is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Utilities · TR · ISIN TRECAN200011

CT Thin data Sep 13, 2026

Can2 Termik AS

CANTE · IS

Weakest SetupStrongly overvalued and low quality.

!Fair value 0.7700 TRY · Strongly overvalued (−37%)
!Quality 29/100
!Expensive Growth (revenue 5y +52.8 %/yr)
!Loss-making · -35.0% net margin (TTM)
!Low debt · negative free cash flow
!Trails peers (3/9)
!Narrow moat 15/100
!Evidence only low, so the estimate is less certain
Watch Can2 Termik AS for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

7.71 TRY 0.3281 TRY Fair Value 0.7700 TRY Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.

How to read this chart

60‑month range 0.3281 TRY – 7.71 TRY · fair‑value band 0.4300 TRY – 1.35 TRY · the 1.23 TRY price screens above the 0.7700 TRY fair value. Dashed = 300-day average. As of Sep 13, 2026.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Çan2 Termik A.S., together with its subsidiaries, engages in the generation and sale of electricity in Turkey and Venezuela. The company operates a thermal power plant with an installed capacity of 340 MWm/330 MWe.

Show more

Çan2 Termik A.S., together with its subsidiaries, engages in the generation and sale of electricity in Turkey and Venezuela. The company operates a thermal power plant with an installed capacity of 340 MWm/330 MWe. It is also involved in the establishment, commissioning, and renting of coal-based electric energy production facility; purchase, sale, manufacturing, assembly, and import of natural stone and mineral ores in finished and semi-finished forms; oil extraction services; and investment activities. The company was founded in 2003 and is headquartered in Istanbul, Turkey.

Stock analysis

Can2 Termik AS (CANTE) currently trades at 1.23 TRY, while our model-based Fair Value estimate is 0.7700 TRY, implying the stock looks roughly 59.7% overvalued today.

Show more

Valuation

Bull case: the Asset-Based group reads highest at a median of 1.87 TRY per share, and 2 of the 3 models we run sit above the 1.23 TRY price.

Bear case: the DCF Models group reads lowest at 0.8300 TRY, and 1 of the 3 models stay below the price. Evidence for this calculation is low.

Scenario range: 0.4300 TRY (bear) to 1.35 TRY (bull), the price of 1.23 TRY sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 29/100 (below-average quality), in the Utilities sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Can2 Termik AS reported revenue of 6.2B TRY in FY2025 versus 1.2B TRY in FY2021, a compound +50.7%/yr. Reported net income was −1.7B TRY in FY2025.

Key figures

Market cap 12.0B TRY (≈ $246M) · P/S ratio 1.78 · EPS (TTM) −0.2800 TRY · Net margin −27.7% · Return on equity −5.4% · Return on assets (EBIT) 7.3% · Operating margin −15.1% · Revenue (TTM) 6.7B TRY.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (medium confidence).

What moves the price

The share trades about 49% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Utilities peers we cover trades at −50% fair-value upside, at −37%, CANTE screens cheaper than that median.

Fair Value models

Bear 0.4300 TRY Fair Value 0.7700 TRY Bull 1.35 TRY
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Owner Earnings 0.3900 TRY 0.8300 TRY 1.75 TRY 68
EV/EBITDA 1.00 TRY 1.32 TRY 1.64 TRY 67
NCAV (Graham) 1.40 TRY 1.87 TRY 2.79 TRY 54
All 3 models by family
DCF Models
Owner Earnings 0.3900 TRY 0.8300 TRY 1.75 TRY 68
Multiples
EV/EBITDA 1.00 TRY 1.32 TRY 1.64 TRY 67
Asset-Based
NCAV (Graham) 1.40 TRY 1.87 TRY 2.79 TRY 54

Open the full fair value analysis →

Notify me when CANTE reaches fair value

Put CANTE on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 29/100

Of which business quality 32 · Market factors (momentum, volatility) 27

Profitability 1
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 40
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−22.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+52.8%
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+59.5%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
11.1% (2019) → −12.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

CANTE screens 60% overvalued. Compare with Constellation Energy Corporation →

Compare Can2 Termik AS with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer Groupⓘ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.Utilities - Independent Power Producers · 75 stocks

Beats the industry median on 3/7 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 29 · Bottom 25%
Fair Value upside −5% · Above median
Profitability
Return on assets −2% · Bottom 25%
Net margin (TTM) −35% · Bottom 25%
Operating margin (TTM) −15% · Bottom 25%
Growth and dividend
Revenue growth 46% · Top 25%

Valuation Multiplesvs Utilities - Independent Power Producers median · lower = cheaper

P/S (TTM) 0.04× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 24
FUTURE (revenue growth)100 · sector 0
PAST (return on equity)0 · sector 30
HEALTH (low debt)100 · sector 70
DIVIDEND (yield)0 · sector 63

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

Context: sector, industry, market

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

Similar stocks

10 more Utilities - Independent Power Producers stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Constellation Energy Corporation CEG $259.89 $88.09 −66%
Vistra Corp VST $141.53 $43.45 −69%
Adani Power Limited ADANIPOWER ₹205.92 ₹75.57 −63%
CGN Power Co 003816 ¥4.25 ¥2.19 −48%
NRG Energy, Inc NRG $107.38 $53.91 −50%
Gulf Development Public Company GULF 61.00 THB 67.10 THB +10%
Adani Energy Solutions Limited ADANIENSOL ₹1,387 ₹342.02 −75%
Talen Energy Corporation TLN $287.60 $56.60 −80%
Datang International Power Generation Co 601991 ¥5.50 ¥4.95 −10%
Huaneng Power International, Inc 600011 ¥6.77 ¥8.96 +32%

Explore undervalued stocks

More undervalued Utilities stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Can2 Termik AS · Fair Value
0.7700 TRY −60%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Can2 Termik AS Fair Value". https://www.fairvalue-calculator.com/stock/CANTE

Frequently asked questions

Is Can2 Termik AS (CANTE) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of 0.7700 TRY versus a price of 1.23 TRY, about −37% upside (overvalued).
What is the fair value of CANTE?
Our model-based fair value for Can2 Termik AS is 0.7700 TRY (as of Sep 13, 2026), built from audited fundamentals. The current price: 1.23 TRY.
What is the quality score of CANTE?
Can2 Termik AS has a Quality Score of 29/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Can2 Termik AS (CANTE)?
Our model-based price target is the fair value of 0.7700 TRY (as of Sep 13, 2026) from 3 valuation models. Cautious scenario 0.4300 TRY, optimistic scenario 1.35 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Can2 Termik AS stock forecast for 2026?
Our models put fair value at 0.7700 TRY, about −37% upside versus a price of 1.23 TRY (overvalued). Cautious scenario 0.4300 TRY, optimistic scenario 1.35 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Can2 Termik AS (CANTE)?
Can2 Termik AS reported trailing-twelve-month revenue of about 6.7B TRY (latest available figure, as of Sep 13, 2026).
What is the intrinsic value of Can2 Termik AS (CANTE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Can2 Termik AS it is 0.7700 TRY per share (as of Sep 13, 2026), against a price of 1.23 TRY. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is Can2 Termik AS stock overvalued or undervalued in 2026?
As of Sep 13, 2026, CANTE trades above its calculated fair value: price 1.23 TRY, fair value 0.7700 TRY, a gap of about −37% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CANTE?
No. The price is what the market pays today (1.23 TRY); the fair value is what the company's own numbers justify (0.7700 TRY). For Can2 Termik AS the two are 0.4600 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Can2 Termik AS worth?
The market values Can2 Termik AS at about 12.0B TRY (market capitalisation, as of Sep 13, 2026). Per share that is 1.23 TRY; our models calculate a fair value of 0.7700 TRY per share.
What do the bullish and bearish scenarios say about CANTE?
Our models span a range for Can2 Termik AS: cautious scenario 0.4300 TRY, base 0.7700 TRY, optimistic 1.35 TRY per share (as of Sep 13, 2026, price 1.23 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Can2 Termik AS (CANTE)?
Balance-sheet figures for Can2 Termik AS (as of Sep 13, 2026): return on equity −5.4%. They feed the Quality Score of 29/100, which measures business quality independently of the share price.
How far is CANTE from its 52-week high?
Can2 Termik AS trades at 1.23 TRY, about 49% below its 52-week high of 2.41 TRY and 5% above the low of 1.17 TRY (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of 0.7700 TRY is for.
Which stocks are comparable to Can2 Termik AS?
From the same area (Utilities) we also value Constellation Energy Corporation, Vistra Corp, Adani Power Limited, CGN Power Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Can2 Termik AS stock attractive at the current price?
The data as of Sep 13, 2026: price 1.23 TRY, calculated fair value 0.7700 TRY (−37%), Quality Score 29/100, from 3 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CANTE calculated?
We run Can2 Termik AS through 3 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.7700 TRY, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.8 % above its aggregate fair value. Can2 Termik AS itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Can2 Termik AS (CANTE)?
The closing price on Sep 18, 2026 was 1.23 TRY. Our model-based fair value is 0.7700 TRY, about −37% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Can2 Termik AS right now?
Weak quality (29/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (0.4300 TRY to 1.35 TRY). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Key figures of Can2 Termik AS

How large is the market capitalisation of Can2 Termik AS (CANTE)?
The market capitalisation of Can2 Termik AS is 12.0B TRY (≈ $246M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Can2 Termik AS (CANTE)?
The price-to-sales ratio of Can2 Termik AS is 1.78 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Can2 Termik AS (CANTE)?
Earnings per share at Can2 Termik AS are −0.2800 TRY. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Can2 Termik AS (CANTE)?
The net margin of Can2 Termik AS is −27.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Can2 Termik AS (CANTE)?
The return on equity (ROE) of Can2 Termik AS is −5.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Can2 Termik AS (CANTE)?
On an EBIT basis the return on assets of Can2 Termik AS is 7.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Can2 Termik AS (CANTE)?
The operating margin of Can2 Termik AS is −15.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Can2 Termik AS (CANTE)?
Revenue at Can2 Termik AS is growing +45.6% versus a year earlier (3y avg +2.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Can2 Termik AS (CANTE)?
Earnings per share at Can2 Termik AS are growing −4.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Can2 Termik AS (CANTE) generate?
The free cash flow of Can2 Termik AS is −1.8B TRY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Can2 Termik AS (CANTE) carry?
The net debt of Can2 Termik AS is 115M TRY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Can2 Termik AS in the live analysis

One click puts Can2 Termik AS on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.