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CRFSA Fair Value & Analysis

Consumer Defensive · Market cap 22.2B TRY

C CRFSA CRFSA · IS
Price174.00 TRY
Fair Value210.43 TRY
Upside+20.9%
Quality47/100
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Mixed Growth
Loss-making · -8.4% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/9)
Narrow moat 0/100
Evidence: Medium Range 150.37 TRY – 270.49 TRY Share as image

Fair value as of: Aug 6, 2026

From 10 valuation models · updated today

Share price +16.4% over the past month.

Below-average quality, screening 21% undervalued on our models.

What matters now

  • Solid quality (47/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 150.37 TRY (bear) to 270.49 TRY (bull), base 210.43 TRY. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 47/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

192.00 TRY 32.20 TRY Fair Value 210.43 TRY May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 6, 2026.

How to read this chart

60‑month range 32.20 TRY – 192.00 TRY · fair‑value band 150.37 TRY – 270.49 TRY · the 174.00 TRY price screens below the 210.43 TRY fair value. Dashed = 300-day average. As of Aug 6, 2026.

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Analysis

CRFSA (CRFSA) currently trades at 174.00 TRY, while our model-based Fair Value estimate is 210.43 TRY, implying the stock looks roughly 20.9% undervalued today. We read business quality at 47/100 (below-average quality), in the Consumer Defensive 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, CRFSA generated revenue of 82.0B TRY at a net margin of -8.4%. Revenue declined 7.6% year over year. Net debt stands at 3.8B TRY. Fundamentals as of Aug 6, 2026

Our scenario range runs from 150.37 TRY (bear case) to 270.49 TRY (bull case); at 174.00 TRY, the current price sits within that range. The share trades about 13% below its 52-week high and 125% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -31% fair-value upside, at 21%, CRFSA 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 130.12 TRY 244.04 TRY 430.72 TRY 80
Rev-Margin DCF 110.01 TRY 184.33 TRY 338.31 TRY 74
EV/EBITDA 194.62 TRY 254.68 TRY 314.74 TRY 54
All 10 models by family
DCF Models
FCF DCF 137.43 TRY 207.96 TRY 432.57 TRY 38
5Y Revenue Exit 101.91 TRY 162.91 TRY 290.34 TRY 39
5Y EBITDA Exit 184.18 TRY 329.28 TRY 614.37 TRY 41
10Y Revenue Exit 110.80 TRY 219.16 TRY 285.93 TRY 36
10Y EBITDA Exit 173.86 TRY 396.33 TRY 792.82 TRY 37
Multiples
EV/EBITDA 194.62 TRY 254.68 TRY 314.74 TRY 54
EV/Revenue 80.93 TRY 109.43 TRY 137.93 TRY 43
Asset-Based
NCAV (Graham) 17.17 TRY 23.01 TRY 34.34 TRY 50
Growth DCF
Growth DCF 130.12 TRY 244.04 TRY 430.72 TRY 80
Rev-Margin DCF 110.01 TRY 184.33 TRY 338.31 TRY 74

Widest divergence: DCF Models (219.16 TRY) versus Asset-Based (23.01 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 82.0B TRY
Revenue growth (YoY) -7.6%
Net margin -8.4%
Return on equity -2,266%
Free cash flow 934M TRY FY2024
Operating margin -5.7%
More key figures
EPS (TTM) -29.08 TRY
EPS growth (YoY) +13.2%
Net debt 3.8B TRY FY2024

Figures from reported company fundamentals · as of Aug 6, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 39 · Market factors (momentum, volatility) 76

Profitability 40
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 22
Earnings quality: real cash, not paper profit
Fin. Strength 25
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 84
Price trend over the last 3–12 months (market factor)
52W Momentum 89
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.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

CRFSA reported revenue of 65.7B TRY in FY2024 versus 7.9B TRY in FY2020, a compound +69.8%/yr. Reported net income was −2.9B TRY in FY2024.

Growth Quality 54/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
65.7B TRY
Latest YoY
+2.6%
Avg. growth/yr (3Y)
+91.4%
Avg. growth/yr (5Y)
+59.5%
Avg. growth/yr (17Y)
+22.4%
Revenue +69.8%/yr
FY20 7.9B TRY
FY21 9.4B TRY
FY22 19.2B TRY
FY23 64.0B TRY
FY24 65.7B TRY
Net income
FY20 −304M TRY
FY21 −430M TRY
FY22 −187M TRY
FY23 1.7B TRY
FY24 −2.9B TRY

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Cite: Fair Value Calculator (2026). "CRFSA Fair Value". https://www.fairvalue-calculator.com/stock/CRFSA

Peer Group

Grocery Stores · 83 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 · Bottom 25%
Fair Value upside +21% · Above median
Return on assets -4% · Bottom 25%
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) -6% · Bottom 25%
Revenue growth -8% · Bottom 25%
Debt / equity 0.05× · Lower than median

Valuation Multiples vs Grocery Stores median · lower = cheaper

P/B 0.11× · Cheaper than 75% of peers
P/FCF 0.5× · 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 61 · sector 35
FUTURE 0 · sector 17
PAST 0 · sector 51
HEALTH 98 · sector 92
DIVIDEND 0 · sector 48

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 Grocery Stores stocks, each showing price versus our Fair Value estimate (as of Aug 6, 2026).

Stock Price Fair Value vs Fair Value
Loblaw Companies Limited L C$65.49 C$44.44 -32%
Koninklijke Ahold Delhaize N.V AD €36.30 €53.50 +47%
The Kroger Co KR $58.82 $28.19 -52%
Woolworths Group WOW A$39.20 A$13.40 -66%
George Weston Limited WN C$100.98 C$63.61 -37%
Coles Group COL A$23.56 A$15.86 -33%
Metro Inc MRU C$93.64 C$94.01 +0%
Carrefour SA CA €16.40 €11.51 -30%
CP ALL Public Company TCPD 1.89 SGD 2.38 SGD +26%
BIM Birlesik Magazalar A.S., BIMAS 385.75 TRY 267.12 TRY -31%

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Frequently asked questions

Is CRFSA overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of 210.43 TRY versus a price of 174.00 TRY, about +21% (undervalued).
What is the fair value of CRFSA?
Our model-based fair value for CRFSA is 210.43 TRY (as of Aug 6, 2026), built from audited fundamentals. The current price is 174.00 TRY.
What is the quality score of CRFSA?
CRFSA has a Quality Score of 47/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of CRFSA?
CRFSA reported trailing-twelve-month revenue of about 82.0B TRY (latest available figure, as of Aug 6, 2026).
What is the net profit margin of CRFSA?
The net profit margin of CRFSA is about -8.4%, 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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