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Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi (EGEPO) Fair Value & Analysis

Healthcare · TR · Market cap 9.4B TRY

Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi EGEPO · IS
Price18.74 TRY
Fair Value11.92 TRY
Upside-36.4%
Quality48/100
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Expensive Growth
Loss-making · -3.7% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/11)
Narrow moat 22/100
Evidence: Medium Range 8.11 TRY – 15.26 TRY Share as image

Fair value as of: Aug 7, 2026

From 15 valuation models · updated yesterday

Share price +2.7% over the past month.

Below-average quality, and screening another 36% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (15.26 TRY). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (8.11 TRY to 15.26 TRY) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

19.92 TRY 1.28 TRY Fair Value 11.92 TRY Sep 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

59‑month range 1.28 TRY – 19.92 TRY · fair‑value band 8.11 TRY – 15.26 TRY · the 18.74 TRY price screens above the 11.92 TRY fair value. Dashed = 300-day average. As of Aug 7, 2026.

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Analysis

Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi (EGEPO) currently trades at 18.74 TRY, while our model-based Fair Value estimate is 11.92 TRY, implying the stock looks roughly 36.4% overvalued today. We read business quality at 48/100 (below-average quality), in the Healthcare 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, Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi generated revenue of 1.5B TRY at a net margin of -3.7%. Revenue grew 28.1% year over year. It earns a return on equity of -3.0%. Net debt stands at 14.3M TRY. Fundamentals as of Aug 7, 2026

Our scenario range runs from 8.11 TRY (bear case) to 15.26 TRY (bull case); at 18.74 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 9% below its 52-week high and 180% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at 11% fair-value upside, at -36%, EGEPO 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
ROIC Compounder 65.56 TRY 74.00 TRY 81.45 TRY 72
Growth-Adj P/E 8.44 TRY 11.92 TRY 15.40 TRY 68
P/E Multiple 3.97 TRY 5.46 TRY 6.46 TRY 63
All 15 models by family
DCF Models
Owner Earnings 38.24 TRY 70.03 TRY 134.60 TRY 31
Earnings-Based
Graham-Dodd 1.99 TRY 12.42 TRY 17.38 TRY 54
Lynch FV 6.46 TRY 9.44 TRY 11.92 TRY 50
PEG = 1.0 6.46 TRY 9.44 TRY 11.92 TRY 46
EPV 65.56 TRY 74.00 TRY 81.45 TRY 59
Multiples
P/E Multiple 3.97 TRY 5.46 TRY 6.46 TRY 63
P/S Multiple 3.48 TRY 4.47 TRY 5.46 TRY 58
P/B Multiple 3.48 TRY 4.47 TRY 5.46 TRY 55
EV/EBIT 100.33 TRY 130.13 TRY 159.43 TRY 53
EV/EBITDA 242.87 TRY 319.85 TRY 396.84 TRY 54
EV/Revenue 71.52 TRY 97.35 TRY 122.68 TRY 43
Asset-Based
NCAV (Graham) 94.86 TRY 127.15 TRY 189.73 TRY 50
Economic Profit
Residual Income 124.17 TRY 112.25 TRY 74.50 TRY 61
ROIC Compounder 65.56 TRY 74.00 TRY 81.45 TRY 72
Growth Earnings
Growth-Adj P/E 8.44 TRY 11.92 TRY 15.40 TRY 68

Widest divergence: Asset-Based (127.15 TRY) versus Multiples (5.46 TRY). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Revenue (TTM) 1.5B TRY
Revenue growth (YoY) +28.1%
Net margin -3.7%
Return on equity -3.0%
Free cash flow −37.7M TRY FY2025
P/E ratio 234.4
More key figures
Operating margin 12.6%
EPS (TTM) 0.0800 TRY
EPS growth (YoY) -64.7%
Net debt 14.3M TRY FY2023

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 37 · Market factors (momentum, volatility) 82

Profitability 21
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 37
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 15
Disciplined investing over empire-building
Low Volatility 71
Calm price path (market factor)
Momentum 82
Price trend over the last 3–12 months (market factor)
52W Momentum 93
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

Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi provides outpatient and inpatient examination, diagnosis, and treatment services to patients in Turkey.

Full company description

Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi provides outpatient and inpatient examination, diagnosis, and treatment services to patients in Turkey. The company constructs, renovates, establishes, purchases, and operates diagnostic and treatment facilities, laboratories, blood banks, rehabilitation centers, and other health-related institutions; and provides all health services, including preventive medicine. It operates hospitals for emergency and emergency medical services, anesthesiology and reanimation, nutrition and dietetics, neurosurgery, pediatrics, dermatology, infectious diseases and clinical microbiology, aesthetics, plastic and reconstructive surgery, physical therapy and rehabilitation, gastroenterology, general surgery, interventional radiology, pulmonology, ophthalmology, internal medicine, obstetrics and gynecology, cardiovascular surgery, clinical biochemistry, neurology, orthopedics and traumatology, palliative care, psychiatry, psychology, radiology, urology, intensive care adult, intensive care coronary, intensive care cardiovascular surgery, and intensive care neonatal, as well as various otolaryngology diseases, such as ear, nose, and throat. The company was incorporated in 2003 and is based in Izmir, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi reported revenue of 1.3B TRY in FY2025 versus 170M TRY in FY2021, a compound +67.8%/yr. Reported net income was 2.7M TRY in FY2025, compounding −37.5%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.3B TRY
Latest YoY
+1.9%
Avg. growth/yr (3Y)
+73.0%
Avg. growth/yr (5Y)
+63.7%
Avg. growth/yr (6Y)
+60.2%
Revenue +67.8%/yr
FY21 170M TRY
FY22 260M TRY
FY23 891M TRY
FY24 1.3B TRY
FY25 1.3B TRY
Net income −37.5%/yr
FY21 17.4M TRY
FY22 3.3M TRY
FY23 133M TRY
FY24 −30.2M TRY
FY25 2.7M TRY

EGEPO screens 36% overvalued. Compare with HCA Healthcare, Inc →

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Cite: Fair Value Calculator (2026). "Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi Fair Value". https://www.fairvalue-calculator.com/stock/EGEPO

Peer Group

Medical Care Facilities · 262 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 48 · Below median
Fair Value upside −36% · Below median
Return on assets 4% · Above median
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) 13% · Above median
Revenue growth 28% · Top 25%

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/E (TTM) 234.4× · Pricier than 75% of peers
P/B 0.10× · Cheaper than 75% of peers
P/S (TTM) 0.13× · 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 0 · sector 22
FUTURE 100 · sector 24
PAST 0 · sector 30
HEALTH 100 · sector 90
DIVIDEND 0 · sector 38

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

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc HCA $378.85 $554.93 +46%
Fresenius SE FRE €41.73 €32.15 -23%
Dr. Sulaiman Al Habib Medical Services Group 4013 235.00 SAR 112.37 SAR -52%
IHH Healthcare Berhad, an investment holding company, Q0F 2.76 SGD 1.28 SGD -54%
Tenet Healthcare Corporation THC $194.91 $338.05 +73%
Rede D'Or São Luiz S.A RDOR3 R$36.01 R$47.31 +31%
DaVita Inc DVA $231.61 $255.97 +11%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,955 ₹2,955 -67%
Fresenius Medical Care AG FMS $24.68 $45.60 +85%
Aier Eye Hospital Group 300015 ¥8.68 ¥7.67 -12%

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Frequently asked questions

Is Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi (EGEPO) overvalued or undervalued?
As of Aug 7, 2026, our model estimates a fair value of 11.92 TRY versus a price of 18.74 TRY, about −36% (overvalued).
What is the fair value of EGEPO?
Our model-based fair value for Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi is 11.92 TRY (as of Aug 7, 2026), built from audited fundamentals. The current price is 18.74 TRY.
What is the quality score of EGEPO?
Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi has a Quality Score of 48/100. 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 Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi (EGEPO)?
Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi reported trailing-twelve-month revenue of about 1.5B TRY (latest available figure, as of Aug 7, 2026).
What is the net profit margin of EGEPO?
The net profit margin of Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi is about -3.7%, 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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