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Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. (EDIP) Fair Value & Analysis

Real Estate · TR · Market cap 2.5B TRY

EG Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. EDIP · IS
Price39.14 TRY
Fair Value80.27 TRY
Upside+105.1%
Quality51/100
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Mixed Growth
Highly profitable · 71.0% net margin
Low debt · generates free cash flow
Ranks above peers (10/13)
Wide moat 65/100
Evidence: High Range 57.50 TRY – 104.65 TRY Share as image

Fair value as of: Aug 7, 2026

From 24 valuation models · updated yesterday

Share price −1.3% over the past month.

A solid business, screening 105% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (57.50 TRY). The market is more pessimistic than our downside scenario.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (57.50 TRY to 104.65 TRY) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

47.00 TRY 2.20 TRY Fair Value 80.27 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 2.20 TRY – 47.00 TRY · fair‑value band 57.50 TRY – 104.65 TRY · the 39.14 TRY price screens below the 80.27 TRY fair value. Dashed = 300-day average. As of Aug 7, 2026.

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Analysis

Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. (EDIP) currently trades at 39.14 TRY, while our model-based Fair Value estimate is 80.27 TRY, implying the stock looks roughly 105.1% undervalued today. We read business quality at 51/100 (solid quality), in the Real Estate 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: high), always confirm before acting.

Over the trailing twelve months, Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. generated revenue of 766M TRY at a net margin of 71.0%. Revenue declined 0.1% year over year. It earns a return on equity of 8.4%. Net debt stands at 1.1B TRY. Fundamentals as of Aug 7, 2026

Our scenario range runs from 57.50 TRY (bear case) to 104.65 TRY (bull case); at 39.14 TRY, the current price sits below 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 12% below its 52-week high and 30% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -22% fair-value upside, at 105%, EDIP 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 93.56 TRY 190.12 TRY 345.68 TRY 80
Rev-Margin DCF 39.59 TRY 65.62 TRY 119.89 TRY 74
ROIC Compounder 12.07 TRY 16.08 TRY 19.53 TRY 72
All 24 models by family
DCF Models
FCF DCF 100.49 TRY 161.91 TRY 353.40 TRY 38
Owner Earnings 139.40 TRY 325.15 TRY 700.77 TRY 31
5Y Revenue Exit 35.54 TRY 57.99 TRY 103.89 TRY 39
5Y EBITDA Exit 60.51 TRY 108.48 TRY 202.20 TRY 41
5Y P/E Exit 132.02 TRY 320.91 TRY 579.94 TRY 38
10Y Revenue Exit 54.97 TRY 105.85 TRY 128.70 TRY 36
10Y EBITDA Exit 73.68 TRY 158.40 TRY 299.12 TRY 37
10Y P/E Exit 124.69 TRY 308.84 TRY 615.07 TRY 35
Earnings-Based
Graham-Dodd 69.26 TRY 483.00 TRY 677.82 TRY 54
Lynch FV 249.53 TRY 356.48 TRY 463.42 TRY 50
PEG = 1.0 249.53 TRY 356.48 TRY 463.42 TRY 46
EPV 12.07 TRY 16.08 TRY 19.53 TRY 59
Multiples
P/E Multiple 152.78 TRY 203.70 TRY 254.63 TRY 63
P/S Multiple 22.12 TRY 29.49 TRY 36.86 TRY 58
P/B Multiple 129.86 TRY 173.15 TRY 216.43 TRY 55
EV/EBIT 62.01 TRY 87.13 TRY 112.24 TRY 53
EV/EBITDA 42.62 TRY 61.26 TRY 79.91 TRY 54
EV/Revenue 7.32 TRY 16.17 TRY 25.01 TRY 43
Asset-Based
NCAV (Graham) 52.45 TRY 70.28 TRY 104.90 TRY 50
Growth DCF
Growth DCF 93.56 TRY 190.12 TRY 345.68 TRY 80
Rev-Margin DCF 39.59 TRY 65.62 TRY 119.89 TRY 74
Economic Profit
Residual Income 90.07 TRY 99.06 TRY 143.89 TRY 61
ROIC Compounder 12.07 TRY 16.08 TRY 19.53 TRY 72
Growth Earnings
Growth-Adj P/E 321.54 TRY 459.35 TRY 597.15 TRY 68

Widest divergence: Growth Earnings (459.35 TRY) versus Economic Profit (16.08 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 766M TRY
Revenue growth (YoY) -0.1%
Net margin 71.0%
Return on equity 8.4%
Free cash flow 465M TRY FY2025
P/E ratio 4.7
More key figures
Operating margin 44.5%
EPS (TTM) 8.37 TRY
EPS growth (YoY) -54.1%
Net debt 1.1B TRY FY2025

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 57 · Market factors (momentum, volatility) 35

Profitability 42
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 52
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 20
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 47
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

Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. engages in the construction, trade, purchase-sale, renting, and letting of real estate in Turkey.

Full company description

Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. engages in the construction, trade, purchase-sale, renting, and letting of real estate in Turkey. It is involved in the shopping malls, offices, residences, and business centers activities; construction, establishment, and organization services, as well as marketing, operation, leasing, and renting of commercial warehouses, commercial parks, and similar places. The company was formerly known as Edip Iplik Sanayi ve Ticaret A.S. and changed its name to Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. in June 2009. Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. was incorporated in 1971 and is based in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. reported revenue of 767M TRY in FY2025 versus 73.2M TRY in FY2021, a compound +79.9%/yr. Reported net income was 662M TRY in FY2025.

Growth Quality 87/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
767M TRY
Latest YoY
+4.4%
Avg. growth/yr (3Y)
+64.1%
Avg. growth/yr (5Y)
+67.3%
Avg. growth/yr (20Y)
+13.8%
Revenue +79.9%/yr
FY21 73.2M TRY
FY22 174M TRY
FY23 550M TRY
FY24 734M TRY
FY25 767M TRY
Net income
FY21 −181M TRY
FY22 562M TRY
FY23 2.7B TRY
FY24 1.2B TRY
FY25 662M TRY

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Cite: Fair Value Calculator (2026). "Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/EDIP

Peer Group

REIT - Diversified · 165 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 51 · Below median
Fair Value upside +105% · Top 25%
Return on equity (TTM) 8% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 71% · Top 25%
Operating margin (TTM) 44% · Below median
Revenue growth -0% · Below median
Debt / equity 0.14× · Lower than 75% of peers

Valuation Multiples vs REIT - Diversified median · lower = cheaper

P/E (TTM) 4.7× · Cheaper than 75% of peers
P/B 0.37× · Cheaper than 75% of peers
P/S (TTM) 3.32× · Cheaper than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 9.2× · 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 100 · sector 13
FUTURE 0 · sector 13
PAST 34 · sector 20
HEALTH 93 · sector 72
DIVIDEND 0 · sector 97

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.

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10 more REIT - Diversified stocks, each showing price versus our Fair Value estimate (as of Aug 7, 2026).

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The GPT Group GPT A$4.89 A$3.49 -29%
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KLCC Property Holdings 5235SS 8.85 MYR 6.91 MYR -22%
CRRUN CRRUN C$17.65 C$17.89 +1%

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Frequently asked questions

Is Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. (EDIP) overvalued or undervalued?
As of Aug 7, 2026, our model estimates a fair value of 80.27 TRY versus a price of 39.14 TRY, about +105% (undervalued).
What is the fair value of EDIP?
Our model-based fair value for Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. is 80.27 TRY (as of Aug 7, 2026), built from audited fundamentals. The current price is 39.14 TRY.
What is the quality score of EDIP?
Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. has a Quality Score of 51/100. 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 Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. (EDIP)?
Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. reported trailing-twelve-month revenue of about 766M TRY (latest available figure, as of Aug 7, 2026).
What is the net profit margin of EDIP?
The net profit margin of Edip Gayrimenkul Yatirim Sanayi ve Ticaret A.S. is about 71.0%, meaning it keeps roughly 71.0% 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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