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Döktas Dökümcülük Ticaret ve Sanayi A.S. (DOKTA) Fair Value & Analysis

Basic Materials · TR · Market cap 6.9B TRY

DD Döktas Dökümcülük Ticaret ve Sanayi A.S. DOKTA · IS
Price21.28 TRY
Fair Value28.50 TRY
Upside+33.9%
Quality28/100
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Mixed Growth
Loss-making · -6.1% net margin
Low debt · generates free cash flow
Ranks above peers (7/11)
Narrow moat 23/100
Evidence: Medium Range 10.68 TRY – 28.50 TRY Share as image

Fair value as of: Aug 7, 2026

From 13 valuation models · updated yesterday

Share price −11.7% over the past month.

Below-average quality, screening 34% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (28/100). That raises the risk this is a value trap rather than a bargain.
  • The model range is unusually wide (10.68 TRY to 28.50 TRY). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

46.83 TRY 8.90 TRY Fair Value 28.50 TRY May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 7, 2026.

How to read this chart

60‑month range 8.90 TRY – 46.83 TRY · fair‑value band 10.68 TRY – 28.50 TRY · the 21.28 TRY price screens below the 28.50 TRY fair value. Dashed = 300-day average. As of Aug 7, 2026.

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Analysis

Döktas Dökümcülük Ticaret ve Sanayi A.S. (DOKTA) currently trades at 21.28 TRY, while our model-based Fair Value estimate is 28.50 TRY, implying the stock looks roughly 33.9% undervalued today. We read business quality at 28/100 (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, Döktas Dökümcülük Ticaret ve Sanayi A.S. generated revenue of 14.7B TRY at a net margin of -6.1%. Revenue grew 34.6% year over year. It earns a return on equity of -13.9%. Net debt stands at 6.9B TRY. Fundamentals as of Aug 7, 2026

Our scenario range runs from 10.68 TRY (bear case) to 28.50 TRY (bull case); at 21.28 TRY, the current price sits within 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 41% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at 34%, DOKTA 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 44.36 TRY 91.61 TRY 167.73 TRY 80
Rev-Margin DCF 22.18 TRY 40.55 TRY 79.40 TRY 74
ROIC Compounder 5.31 TRY 7.40 TRY 9.21 TRY 72
All 13 models by family
DCF Models
FCF DCF 47.75 TRY 77.81 TRY 171.51 TRY 38
5Y Revenue Exit 19.64 TRY 34.37 TRY 64.76 TRY 39
5Y EBITDA Exit 33.66 TRY 62.71 TRY 119.57 TRY 41
10Y Revenue Exit 27.89 TRY 58.09 TRY 73.40 TRY 36
10Y EBITDA Exit 38.53 TRY 87.59 TRY 170.60 TRY 37
Earnings-Based
EPV 5.31 TRY 7.40 TRY 9.21 TRY 59
Multiples
EV/EBIT 13.92 TRY 21.21 TRY 28.50 TRY 53
EV/EBITDA 26.84 TRY 38.43 TRY 50.02 TRY 54
EV/Revenue 6.80 TRY 13.11 TRY 19.43 TRY 43
Asset-Based
NCAV (Graham) 10.47 TRY 14.02 TRY 20.93 TRY 50
Growth DCF
Growth DCF 44.36 TRY 91.61 TRY 167.73 TRY 80
Rev-Margin DCF 22.18 TRY 40.55 TRY 79.40 TRY 74
Economic Profit
ROIC Compounder 5.31 TRY 7.40 TRY 9.21 TRY 72

Widest divergence: DCF Models (62.71 TRY) versus Earnings-Based (7.40 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 14.7B TRY
Revenue growth (YoY) +34.6%
Net margin -6.1%
Return on equity -13.9%
Free cash flow 1.1B TRY FY2025
Operating margin 4.1%
More key figures
EPS (TTM) -3.23 TRY
EPS growth (YoY) -36.5%
Net debt 6.9B TRY FY2025

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

Quality Score breakdown

Overall quality 28/100

Of which business quality 31 · Market factors (momentum, volatility) 30

Profitability 13
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 20
Balance sheet, leverage, solvency risk
Investment 29
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 9
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

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. It operates through three segments: Pikdöküm, Aluminum Casting, and Rim.

Full company description

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. 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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Döktas Dökümcülük Ticaret ve Sanayi A.S. 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.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
13.7B TRY
Latest YoY
+14.8%
Avg. growth/yr (3Y)
+29.0%
Avg. growth/yr (5Y)
+59.4%
Avg. growth/yr (7Y)
+41.9%
Revenue +49.8%/yr
FY21 2.7B TRY
FY22 6.4B TRY
FY23 9.6B TRY
FY24 11.9B TRY
FY25 13.7B TRY
Net income
FY21 348M TRY
FY22 104M TRY
FY23 473M TRY
FY24 −461M TRY
FY25 −1.0B TRY

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Cite: Fair Value Calculator (2026). "Döktas Dökümcülük Ticaret ve Sanayi A.S. Fair Value". https://www.fairvalue-calculator.com/stock/DOKTA

Peer Group

Steel · 377 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 28 · Bottom 25%
Fair Value upside +34% · Top 25%
Return on assets 2% · Above median
Net margin (TTM) -6% · Bottom 25%
Operating margin (TTM) 4% · Above median
Revenue growth 35% · Top 25%
Debt / equity 0.39× · Higher than 75% of peers

Valuation Multiples vs Steel median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 2.3× · Cheaper 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 79 · sector 19
FUTURE 100 · sector 2
PAST 0 · sector 15
HEALTH 80 · sector 95
DIVIDEND 0 · sector 41

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

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%
Ternium S.A TXR 17,780 ARS 27,210 ARS +53%

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Frequently asked questions

Is Döktas Dökümcülük Ticaret ve Sanayi A.S. (DOKTA) overvalued or undervalued?
As of Aug 7, 2026, our model estimates a fair value of 28.50 TRY versus a price of 21.28 TRY, about +34% (undervalued).
What is the fair value of DOKTA?
Our model-based fair value for Döktas Dökümcülük Ticaret ve Sanayi A.S. is 28.50 TRY (as of Aug 7, 2026), built from audited fundamentals. The current price is 21.28 TRY.
What is the quality score of DOKTA?
Döktas Dökümcülük Ticaret ve Sanayi A.S. has a Quality Score of 28/100. 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 Döktas Dökümcülük Ticaret ve Sanayi A.S. (DOKTA)?
Döktas Dökümcülük Ticaret ve Sanayi A.S. reported trailing-twelve-month revenue of about 14.7B TRY (latest available figure, as of Aug 7, 2026).
What is the net profit margin of DOKTA?
The net profit margin of Döktas Dökümcülük Ticaret ve Sanayi A.S. is about -6.1%, 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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