Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Doktas Dokumculuk Ticaret ve Sanayi AS stock TRY 23.17, price TRY 15.92, upside +45.5%, quality 29 out of 100. Rating: undervalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 1, 2026.
How to read this chart
60‑month range 8.90 TRY – 46.83 TRY · fair‑value band 23.17 TRY – 37.67 TRY · the 15.92 TRY price screens below the 23.17 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 1, 2026.
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Döktas Dökümcülük Ticaret ve Sanayi A.S. manufactures and sells cast iron, ductile iron, and aluminum castings and wheels for the automotive, heavy commercial vehicle, agriculture, construction, mining, and machinery manufacturing sectors.
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It operates through three segments: Pikdöküm, Aluminum Casting, and Rim. The Pikdöküm segment produces gray and ductile iron castings. The Aluminum Casting segment manufactures aluminum casting components. The Rim segment produces aluminum wheels. The company also exports its products.
It serves the automotive, heavy commercial vehicles, construction, and agricultural machinery industries. The company was formerly known as Componenta Dökümcülük Ticaret ve Sanayi A.S. and changed its name to Döktas Dökümcülük Ticaret ve Sanayi A.S. in April 2018.
The company was incorporated in 1973 and is based in Bursa, Turkey. Döktas Dökümcülük Ticaret ve Sanayi A.S. is a subsidiary of Çelik Holding A.S.
Stock analysis
Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) currently trades at 15.92 TRY, while our model-based Fair Value estimate is 23.17 TRY, implying the stock looks roughly 31% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 31.63 TRY per share, and 7 of the 12 models we run sit above the 15.92 TRY price.
Bear case: the Asset-Based group reads lowest at 12.67 TRY, and 5 of the 12 models stay below the price. Data coverage for this calculation is low.
Scenario range: 23.17 TRY (bear) to 37.67 TRY (bull), the price of 15.92 TRY sits below 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 Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Doktas Dokumculuk Ticaret ve Sanayi AS reported revenue of 13.7B TRY in FY2025 versus 2.7B TRY in FY2021, a compound +49.8%/yr. Reported net income was −1.0B TRY in FY2025.
Key figures
Market cap 5.2B TRY (≈ $103M) Micro · P/S ratio 0.27 · EPS (TTM) −0.8900 TRY · Net margin −1.8% · Return on equity −4.1% · Return on assets (EBIT) 5.1% · Operating margin 0.8% · Revenue (TTM) 15.9B TRY.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 20 out of 100 (medium confidence).
What moves the price
The share trades about 49% below its 52-week high and 23% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −34% fair-value upside, at 46%, DOKTA screens cheaper than that median.
Fair Value models
Bear23.17 TRYFair Value 23.17 TRYBull37.67 TRY
Price 15.92 TRY · Upside +45.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.
Best data coverage
FCF DCF26.54 TRY35.03 TRY44.08 TRY82
Growth DCF26.48 TRY33.93 TRY41.50 TRY80
5Y EBITDA Exit21.37 TRY31.82 TRY43.24 TRY75
All 13 models by family
DCF Models
FCF DCF26.54 TRY35.03 TRY44.08 TRY82
5Y Revenue Exit17.00 TRY23.89 TRY31.84 TRY73
5Y EBITDA Exit21.37 TRY31.82 TRY43.24 TRY75
10Y Revenue Exit21.67 TRY27.85 TRY34.89 TRY68
10Y EBITDA Exit23.81 TRY31.63 TRY40.79 TRY69
Earnings-Based
EPVn/a0.5600 TRY1.08 TRY68
Multiples
EV/EBITn/a1.26 TRY>5.04 TRY61
EV/EBITDA5.34 TRY14.25 TRY23.17 TRY62
EV/Revenuen/an/a5.95 TRY50
Asset-Based
NCAV (Graham)9.45 TRY12.67 TRY18.91 TRY54
Growth DCF
Growth DCF26.48 TRY33.93 TRY41.50 TRY80
Rev-Margin DCF17.00 TRY24.72 TRY33.61 TRY73
Economic Profit
ROIC Compoundern/a0.5600 TRY1.08 TRY68
The fair value above starts from this blend and is adjusted for a cyclical trough year.
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.67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+14.8%
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.
+29.0%
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.
+59.4%
Start year 2020 (pandemic)
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.
+41.9%
’18
’19
’20
’21
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’23
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’25
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.
11.6% (2020) → 3.8% (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
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+11.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Turkey: IMF forecast 19.3% a year to 2030, 28.5% from 2016 to 2025) that is about −6.2% a year for the price.
Compare Doktas Dokumculuk Ticaret ve Sanayi AS with another stock
Price, fair value, quality and upside side by side.
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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.Steel · 408 stocks
Beats the industry median on 6/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score29 · Bottom 25%
Fair Value upside+45.5% · Top 25%
Profitability
Return on assets−5.3% · Bottom 25%
Net margin (12 months)−1.8% · Bottom 25%
Operating margin (12 months)0.8% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)32.5% · Top 25%
Balance sheet
Debt / equity0.39× · Highest 25%
Valuation Multiplesvs Steel median · lower = cheaper
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.
Cite: Fair Value Calculator (2026). "Doktas Dokumculuk Ticaret ve Sanayi AS Fair Value". https://www.fairvalue-calculator.com/stock/DOKTA
Frequently asked questions
Is Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) overvalued or undervalued?
As of Nov 1, 2026, our model estimates a fair value of 23.17 TRY versus a price of 15.92 TRY, about +46% upside (undervalued).
What is the fair value of DOKTA?
Our model-based fair value for Doktas Dokumculuk Ticaret ve Sanayi AS is 23.17 TRY (as of Nov 1, 2026), built from audited fundamentals. The current price: 15.92 TRY.
What is the quality score of DOKTA?
Doktas Dokumculuk Ticaret ve Sanayi 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 Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
Our model-based price target is the fair value of 23.17 TRY (as of Nov 1, 2026) from 13 valuation models. Cautious scenario 23.17 TRY, optimistic scenario 37.67 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Doktas Dokumculuk Ticaret ve Sanayi AS stock forecast for 2026?
Our models put fair value at 23.17 TRY, about +46% upside versus a price of 15.92 TRY (undervalued). Cautious scenario 23.17 TRY, optimistic scenario 37.67 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
Doktas Dokumculuk Ticaret ve Sanayi AS reported trailing-twelve-month revenue of about 15.9B TRY (latest available figure, as of Nov 1, 2026).
What growth is priced into Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
For today's price to be fair in a discounted-cash-flow model, Doktas Dokumculuk Ticaret ve Sanayi AS would have to grow free cash flow by +11.9 % per year for five years (discount rate 17.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +59.4 % per year. As of Nov 1, 2026.
What discount rate (WACC) does the fair value of DOKTA use?
Our models discount Doktas Dokumculuk Ticaret ve Sanayi AS at 17.2 %: a base by market capitalisation (micro), country premium for Turkey. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Doktas Dokumculuk Ticaret ve Sanayi AS that is +11.9 % per year a year over ten years, using the same discount rate (17.2 %) and the same formula as our fair value.
How much growth has Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) delivered so far?
Over the past 5 years revenue at Doktas Dokumculuk Ticaret ve Sanayi AS grew +59.4 % a year. The price currently implies +11.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Doktas Dokumculuk Ticaret ve Sanayi AS (+11.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
The free-cash-flow yield on the price is 21.99 %: that much free cash flow Doktas Dokumculuk Ticaret ve Sanayi AS produces per unit of market value. When it exceeds the discount rate of our models (17.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Doktas Dokumculuk Ticaret ve Sanayi AS it is 23.17 TRY per share (as of Nov 1, 2026), against a price of 15.92 TRY. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Doktas Dokumculuk Ticaret ve Sanayi AS stock overvalued or undervalued in 2026?
As of Nov 1, 2026, DOKTA trades below its calculated fair value: price 15.92 TRY, fair value 23.17 TRY, a gap of about +46% (undervalued). 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 DOKTA?
No. The price is what the market pays today (15.92 TRY); the fair value is what the company's own numbers justify (23.17 TRY). For Doktas Dokumculuk Ticaret ve Sanayi AS the two are 7.25 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Doktas Dokumculuk Ticaret ve Sanayi AS worth?
The market values Doktas Dokumculuk Ticaret ve Sanayi AS at about 5.2B TRY (market capitalisation, as of Nov 1, 2026). Per share that is 15.92 TRY; our models calculate a fair value of 23.17 TRY per share.
What do the bullish and bearish scenarios say about DOKTA?
Our models span a range for Doktas Dokumculuk Ticaret ve Sanayi AS: cautious scenario 23.17 TRY, base 23.17 TRY, optimistic 37.67 TRY per share (as of Nov 1, 2026, price 15.92 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
Balance-sheet figures for Doktas Dokumculuk Ticaret ve Sanayi AS (as of Nov 1, 2026): return on equity −4.1%, debt of 0.39 per unit of equity. They feed the Quality Score of 29/100, which measures business quality independently of the share price.
How far is DOKTA from its 52-week high?
Doktas Dokumculuk Ticaret ve Sanayi AS trades at 15.92 TRY, about 49% below its 52-week high of 31.46 TRY and 23% above the low of 12.97 TRY (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 23.17 TRY is for.
Which stocks are comparable to Doktas Dokumculuk Ticaret ve Sanayi AS?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, 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 Doktas Dokumculuk Ticaret ve Sanayi AS stock attractive at the current price?
The data as of Nov 1, 2026: price 15.92 TRY, calculated fair value 23.17 TRY (+46%), Quality Score 29/100, from 13 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 DOKTA calculated?
We run Doktas Dokumculuk Ticaret ve Sanayi AS through 13 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 23.17 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 15.5% above its aggregate fair value. Doktas Dokumculuk Ticaret ve Sanayi AS currently trades 31% below its own fair value, and the market average says nothing about that. 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 Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
The closing price on Nov 6, 2026 was 15.92 TRY. Our model-based fair value is 23.17 TRY, about +46% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Doktas Dokumculuk Ticaret ve Sanayi AS right now?
The large discount to fair value meets weak quality (29/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (23.17 TRY). The market is more pessimistic than our downside scenario. 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 Doktas Dokumculuk Ticaret ve Sanayi AS
How large is the market capitalisation of Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
The market capitalisation of Doktas Dokumculuk Ticaret ve Sanayi AS is 5.2B TRY (≈ $103M). 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 Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
The price-to-sales ratio of Doktas Dokumculuk Ticaret ve Sanayi AS is 0.27 (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 Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
Earnings per share at Doktas Dokumculuk Ticaret ve Sanayi AS are −0.8900 TRY. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
The net margin of Doktas Dokumculuk Ticaret ve Sanayi AS is −1.8% (last twelve months). 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 Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
The return on equity (ROE) of Doktas Dokumculuk Ticaret ve Sanayi AS is −4.1% (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 Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
On an EBIT basis the return on assets of Doktas Dokumculuk Ticaret ve Sanayi AS is 5.1% (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 Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
The operating margin of Doktas Dokumculuk Ticaret ve Sanayi AS is 0.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
Revenue at Doktas Dokumculuk Ticaret ve Sanayi AS is growing +32.5% versus a year earlier (3y avg +29.0%). 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 Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)?
Earnings per share at Doktas Dokumculuk Ticaret ve Sanayi AS are growing −36.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) carry?
The net debt of Doktas Dokumculuk Ticaret ve Sanayi AS is 6.9B TRY (fiscal year 2025, ≈ 6.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 1, 2026