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Dof Robotik Sanayi Anonim Sirketi (DOFRB) Fair Value & Analysis

Consumer Cyclical · TR · Market cap 20.7B TRY

DR Dof Robotik Sanayi Anonim Sirketi DOFRB · IS
Price132.20 TRY
Fair Value32.66 TRY
Upside-75.3%
Quality43/100
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Expensive Growth
Highly profitable · 22.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/12)
Moderate moat 50/100
Evidence: Medium Range 24.50 TRY – 40.83 TRY Share as image

Fair value as of: Aug 7, 2026

From 14 valuation models · updated yesterday

Share price −23.6% over the past month.

Below-average quality, and screening another 75% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (40.83 TRY). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (11 months)

198.50 TRY 49.50 TRY Fair Value 32.66 TRY Sep 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 7, 2026.

How to read this chart

11‑month range 49.50 TRY – 198.50 TRY · fair‑value band 24.50 TRY – 40.83 TRY · the 132.20 TRY price screens above the 32.66 TRY fair value. As of Aug 7, 2026.

Full chart & analysis →

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Analysis

Dof Robotik Sanayi Anonim Sirketi (DOFRB) currently trades at 132.20 TRY, while our model-based Fair Value estimate is 32.66 TRY, implying the stock looks roughly 75.3% overvalued today. We read business quality at 43/100 (below-average quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, Dof Robotik Sanayi Anonim Sirketi generated revenue of 1.1B TRY at a net margin of 22.0%. Revenue grew 74.0% year over year. It earns a return on equity of 19.8%. Net debt stands at 199M TRY. Fundamentals as of Aug 7, 2026

Our scenario range runs from 24.50 TRY (bear case) to 40.83 TRY (bull case); at 132.20 TRY, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 39% below its 52-week high and 167% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 4% fair-value upside, at -75%, DOFRB 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
Residual Income 12.71 TRY 15.06 TRY 32.17 TRY 76
ROIC Compounder 29.86 TRY 45.44 TRY 55.11 TRY 72
Growth-Adj P/E 51.55 TRY 73.65 TRY 95.74 TRY 68
All 14 models by family
Earnings-Based
Graham-Dodd 11.10 TRY 77.44 TRY 108.68 TRY 54
Lynch FV 40.01 TRY 57.16 TRY 74.30 TRY 50
PEG = 1.0 40.01 TRY 57.16 TRY 74.30 TRY 46
EPV 22.80 TRY 25.86 TRY 28.54 TRY 59
Multiples
P/E Multiple 24.50 TRY 32.66 TRY 40.83 TRY 63
P/S Multiple 12.65 TRY 16.87 TRY 21.08 TRY 58
P/B Multiple 20.82 TRY 27.76 TRY 34.70 TRY 55
EV/EBIT 37.38 TRY 48.35 TRY 59.32 TRY 53
EV/EBITDA 32.51 TRY 41.86 TRY 51.21 TRY 54
EV/Revenue 16.26 TRY 21.32 TRY 26.38 TRY 43
Asset-Based
NCAV (Graham) 6.89 TRY 9.23 TRY 13.78 TRY 50
Economic Profit
Residual Income 12.71 TRY 15.06 TRY 32.17 TRY 76
ROIC Compounder 29.86 TRY 45.44 TRY 55.11 TRY 72
Growth Earnings
Growth-Adj P/E 51.55 TRY 73.65 TRY 95.74 TRY 68

Widest divergence: Growth Earnings (73.65 TRY) versus Asset-Based (9.23 TRY). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.1B TRY
Revenue growth (YoY) +74.0%
Net margin 22.0%
Return on equity 19.8%
Free cash flow −925M TRY FY2025
P/E ratio 86.0
More key figures
Operating margin -9.4%
EPS (TTM) 1.55 TRY
EPS growth (YoY) -50.4%
Net debt 199M TRY FY2024

Figures from reported company fundamentals · as of Aug 7, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 43 · Market factors (momentum, volatility) 46

Profitability 49
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 60
Price trend over the last 3–12 months (market factor)
52W Momentum 75
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

Dof Robotik Sanayi Anonim Sirketi designs, develops, and sells robots and software for the entertainment industry in Turkey and internationally. The company's product portfolio includes flying theatres, XD and 4D cinemas, immersive tunnels, interactive parks, and edutainment venues with virtual reality/augmented reality attractions.

Full company description

Dof Robotik Sanayi Anonim Sirketi designs, develops, and sells robots and software for the entertainment industry in Turkey and internationally. The company's product portfolio includes flying theatres, XD and 4D cinemas, immersive tunnels, interactive parks, and edutainment venues with virtual reality/augmented reality attractions. It also owns IP based content. The company was founded in 2006 and is based in Istanbul, Turkey.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Dof Robotik Sanayi Anonim Sirketi reported revenue of 1.0B TRY in FY2025 versus 156M TRY in FY2022, a compound +86.4%/yr. Reported net income was 245M TRY in FY2025, compounding +142.9%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.0B TRY
Latest YoY
+61.1%
Avg. growth/yr (3Y)
+86.4%
Revenue +86.4%/yr
FY22 156M TRY
FY23 423M TRY
FY24 628M TRY
FY25 1.0B TRY
Net income +142.9%/yr
FY22 17.1M TRY
FY23 167M TRY
FY24 165M TRY
FY25 245M TRY

DOFRB screens 75% overvalued. Compare with ANTA Sports Products Limited →

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Cite: Fair Value Calculator (2026). "Dof Robotik Sanayi Anonim Sirketi Fair Value". https://www.fairvalue-calculator.com/stock/DOFRB

Peer Group

Leisure · 194 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 −75% · Bottom 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 22% · Top 25%
Operating margin (TTM) -9% · Bottom 25%
Revenue growth 74% · Top 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Leisure median · lower = cheaper

P/E (TTM) 86.0× · Pricier than 75% of peers
P/B 10.00× · Pricier than 75% of peers
P/S (TTM) 18.85× · Pricier than 75% of peers
EV/EBITDA 80.8× · 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 0 · sector 13
FUTURE 100 · sector 18
PAST 79 · sector 19
HEALTH 98 · sector 94
DIVIDEND 0 · sector 51

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 Leisure stocks, each showing price versus our Fair Value estimate (as of Aug 7, 2026).

Stock Price Fair Value vs Fair Value
ANTA Sports Products Limited 2020 HK$74.15 HK$119.29 +61%
Pop Mart International Group 9992 HK$160.20 HK$227.30 +42%
Amer Sports, Inc AS $36.44 $16.16 -56%
Hasbro, Inc HAS $81.55 $83.38 +2%
Life Time Group LTH $42.15 $16.15 -62%
Acushnet Holdings GOLF $114.78 $37.79 -67%
Li Ning Company 2331 HK$14.80 HK$29.26 +98%
Ninebot Limited 689009 ¥37.82 ¥39.17 +4%
Asmodee Group ASMDEEB kr 145.70 kr 41.90 -71%
Smartfit Escola de Ginástica e Dança S.A SMFT3 R$20.97 R$22.90 +9%

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Frequently asked questions

Is Dof Robotik Sanayi Anonim Sirketi (DOFRB) overvalued or undervalued?
As of Aug 7, 2026, our model estimates a fair value of 32.66 TRY versus a price of 132.20 TRY, about −75% (overvalued).
What is the fair value of DOFRB?
Our model-based fair value for Dof Robotik Sanayi Anonim Sirketi is 32.66 TRY (as of Aug 7, 2026), built from audited fundamentals. The current price is 132.20 TRY.
What is the quality score of DOFRB?
Dof Robotik Sanayi Anonim Sirketi has a Quality Score of 43/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Dof Robotik Sanayi Anonim Sirketi (DOFRB)?
Dof Robotik Sanayi Anonim Sirketi reported trailing-twelve-month revenue of about 1.1B TRY (latest available figure, as of Aug 7, 2026).
What is the net profit margin of DOFRB?
The net profit margin of Dof Robotik Sanayi Anonim Sirketi is about 22.0%, meaning it keeps roughly 22.0% of revenue as net income. 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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