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Data-driven stock valuation

Enka Insaat ve Sanayi A.S. (EKIVY) fair value: what the stock is really worth

We calculate from audited financials what Enka Insaat ve Sanayi A.S. is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.

  1. Compare price with fair valuebelow fair value = cheap, above = expensive
  2. Check the quality50 and up solid, 75 and up strong
  3. Watch it or check another stockalert when fair value or trend changes

Industrials · US · Market cap $10.8B

At a glance

EI Enka Insaat ve Sanayi A.S. logo Enka Insaat ve Sanayi A.S. EKIVY · US
Price$6.95
Fair Value$19.88
Upside+186.0%
Quality48/100

Below-average quality, trading 65% below our fair value of $19.88.

As of Aug 19, 2026, the fair value of Enka Insaat ve Sanayi A.S. is $19.88 per share against a price of $6.95, so the fair value sits 186% above the price. A model estimate from reported figures, not an analyst target.

!Mixed Growth (revenue 3y +3.3 %/yr)
Highly profitable · 22.3% net margin
Low debt · generates free cash flow
·5.41% dividend yield
!Mixed vs. peers (7/12)
!Moderate moat 59/100
!Evidence only medium, so the estimate is less certain
Evidence: Medium Range $9.05 to $27.47

Fair value as of: Aug 19, 2026

From 24 valuation models · updated 22 days ago

Share price −9.9% over the past month.

Watch Enka Insaat ve Sanayi A.S. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price is below even our cautious bear case ($9.05). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide ($9.05 to $27.47). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (48/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (4 years)

$8.43 $3.84 Fair Value $19.88 Mar 2023 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

42‑month range $3.84 – $8.43 · fair‑value band $9.05 – $27.47 · the $6.95 price screens below the $19.88 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

Enka Insaat ve Sanayi A.S. (EKIVY) currently trades at $6.95, while our model-based Fair Value estimate is $19.88, implying the stock looks roughly 65.0% undervalued today. The Quality Score stands at 48/100 (below-average quality), in the Industrials sector. Bull case: the Asset-Based group reads highest at a median of $170.61 per share, and 23 of the 24 models we run sit above the $6.95 price. Bear case: the Earnings-Based group reads lowest at $7.73, and 1 of the 24 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Enka Insaat ve Sanayi A.S. generated revenue of $3.5B at a net margin of 22.3%. Revenue declined 0.4% year over year. It earns a return on equity of 10.0%. The stock trades on a trailing P/E of 11.6. Fundamentals as of Aug 19, 2026

Scenario range: $9.05 (bear) to $27.47 (bull), the price of $6.95 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The share trades about 5% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at 186%, EKIVY screens cheaper than that median.

Fair Value models

Based on fiscal year 2025 figures (about 8 months old). Earnings retained since then ($0.4175 per share) are deliberately not added.

Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →

Model 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. Evidence
Highest evidence
FCF DCF best evidence $40.29 $43.65 $49.71 79
Growth DCF $40.24 $43.24 $48.47 77
Owner Earnings $43.49 $49.70 $60.92 75
All 24 models by family
DCF Models
FCF DCF best evidence $40.29 $43.65 $49.71 79
Owner Earnings $43.49 $49.70 $60.92 75
5Y Revenue Exit $39.86 $42.51 $46.17 71
5Y EBITDA Exit $41.08 $45.10 $50.28 74
5Y P/E Exit $43.51 $50.25 $58.22 69
10Y Revenue Exit $39.86 $42.47 $46.59 65
10Y EBITDA Exit $40.79 $44.40 $50.13 67
10Y P/E Exit $42.42 $48.23 $56.96 62
Earnings-Based
Graham-Dodd $3.91 $19.88 $27.47 61
Lynch FV $5.41 $7.73 $10.04 58
PEG = 1.0 $5.41 $7.73 $10.04 55
EPV $39.94 $40.51 $41.01 71
Multiples
P/E Multiple $9.05 $12.06 $15.08 63
P/S Multiple $3.73 $4.97 $6.21 58
P/B Multiple $7.32 $9.77 $12.21 55
EV/EBIT $42.31 $44.24 $46.16 66
EV/EBITDA $41.80 $43.55 $45.31 67
EV/Revenue $39.66 $41.01 $42.35 54
Asset-Based
NCAV (Graham) $127.32 $170.61 $254.64 54
Growth DCF
Growth DCF $40.24 $43.24 $48.47 77
Rev-Margin DCF $39.86 $42.43 $45.85 71
Economic Profit
Residual Income $169.85 $154.64 $106.02 73
ROIC Compounder $39.94 $40.51 $41.01 69
Growth Earnings
Growth-Adj P/E $8.18 $11.69 $15.19 65

Widest divergence: Asset-Based ($170.61) versus Earnings-Based ($7.73). Highest evidence: FCF DCF (79).

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Key figures & financial health

P/E ratio 11.6
P/S ratio 2.68 P/E × margin
EPS (TTM) $0.6000 price ÷ EPS = P/E 11.6
Dividend yield 5.4% payout 62.7%
Net margin 23.1% FY2025
Return on equity 10.0% TTM
More key figures
Profitability
Return on assets (EBIT) 4.4% avg 5y
Operating margin 18.1% TTM
Growth
Revenue (TTM) $3.5B TTM
Revenue growth (YoY) −0.4% 3y avg +3.3%
EPS growth (YoY) −26.6%
Balance sheet & cash flow
Free cash flow $411M FY2025

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 48 · Market factors (momentum, volatility) 61

Profitability 26
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 27
Disciplined investing over empire-building
Low Volatility 97
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 53
Distance to the 52-week high (market factor)
Net Issuance 78
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Enka Insaat ve Sanayi A.S., together with its subsidiaries, engages in construction activities. The company operates through four segments: Construction; Real Estate Leasing; Energy; and Trading.

Full company description

Enka Insaat ve Sanayi A.S., together with its subsidiaries, engages in construction activities. The company operates through four segments: Construction; Real Estate Leasing; Energy; and Trading. It is involved in thermal power plants and industrial construction projects that produce natural gas-fired electrical energy, and highway construction; trading activities; and investment and development of real estate properties, as well as construction and operation of shopping centers; and marketing and after-sales service of construction machinery, trucks, industrial products, and spare parts. The company also engages in manufacturing structural steel works and equipment installation; excavation activities, sliding formwork, drilling and soil investigations, and isolation works; and pile dwelling work, base and superstructure construction, organizing domestic and international congresses and seminars, and tour reservation and ticket sales. In addition, it is involved in material handling and storage systems, auxiliary facilities, water treatment and environmental engineering, infrastructure and construction, and control systems and instrumentation engineering business; ready-mixed concrete production; air transportation; production and selling of electricity; and rental activities. It operates in Turkey, Georgia, Turkmenistan, Kazakhstan, Kenya, Libya, Saudi Arabia, Sri Lanka, India, Iraq, Mongolia, Mexico, Brazil, Argentina, the Bahamas, the Puerto Rico, Netherlands, Switzerland, Greece, Germany, Serbia, Kosovo, the United Kingdom, Italy, North Macedonia, Bulgaria, and Europe. The company was founded in 1957 and is headquartered in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Enka Insaat ve Sanayi A.S. reported revenue of $3.6B in FY2025 versus $1.9B in FY2021, a compound +17.1%/yr. Reported net income was $842M in FY2025, compounding +21.4%/yr from FY2021.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$3.6B
Latest YoY
+28.1%
Avg. revenue growth/yr (3Y) 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.
+3.3%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year.
+15.2%
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+9.8%
Dividend yield5.4%
Operating margin (EBIT) 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.21.4% (2021) → 18.2% (2025) · falling
Revenue +17.1%/yr
FY21 $1.9B
FY22 $3.3B
FY23 $2.6B
FY24 $2.8B
FY25 $3.6B
Net income +21.4%/yr
FY21 $388M
FY22 $105M
FY23 $575M
FY24 $698M
FY25 $842M

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Cite: Fair Value Calculator (2026). "Enka Insaat ve Sanayi A.S. Fair Value". https://www.fairvalue-calculator.com/stock/EKIVY

Peer Group

Engineering & Construction · 816 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.

Valuation
Quality Score 48 · Below median
Fair Value upside +186% · Top 25%
Profitability
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 22% · Top 25%
Operating margin (TTM) 18% · Top 25%
Growth and dividend
Revenue growth 0% · Below median
Dividend yield (TTM) 5.4% · Top 25%

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 11.6× · Cheaper than median
P/S (TTM) 3.06× · Priciest 25%
P/FCF 26.2× · Priciest 25%

What the price implies (reverse DCF)

The inverse question: what free-cash-flow growth must Enka Insaat ve Sanayi A.S. deliver for ten years so that today's price is fair in our DCF model? Same formula, same discount rate as the fair value.

Implied FCF growth, 10 yearsless than minus 40 % per year
Achieved revenue growth, 4 years+17.1 % p.a.
Sector median revenue growth+4.6 %
FCF yield on price1.01 %
Discount rate (WACC) in the models8.1 %

The price sits beyond what a cash-flow model can represent: the valuation rests on more than today's free cash flow. Ranking of the largest stocks →

Context: sector, industry, market

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 17
FUTURE0 · sector 12
PAST40 · sector 26
HEALTH100 · sector 94
DIVIDEND0 · sector 39

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

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
Quanta Services, Inc PWR $620.06 $143.92 −77%
Vinci SA DG €113.95 €185.62 +63%
Comfort Systems USA, Inc FIX $1,610 $519.97 −68%
Larsen & Toubro Limited LT ₹4,072 ₹2,196 −46%
Ferrovial N.V FER €49.88 €19.17 −62%
HOCHTIEF Aktiengesellschaft HOT €426.00 €203.87 −52%
Samsung C&T Corporation 028260 373,000 KRW 261,411 KRW −30%
EMCOR Group EME $754.16 $549.47 −27%
MasTec, Inc MTZ $237.19 $100.00 −58%
Bouygues SA EN €46.65 €65.67 +41%

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Frequently asked questions

Is Enka Insaat ve Sanayi A.S. (EKIVY) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of $19.88 versus a price of $6.95, about +186% upside (undervalued).
What is the fair value of EKIVY?
Our model-based fair value for Enka Insaat ve Sanayi A.S. is $19.88 (as of Aug 19, 2026), built from audited fundamentals. The current price: $6.95.
What is the quality score of EKIVY?
Enka Insaat ve Sanayi A.S. has a Quality Score of 48/100. 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 Enka Insaat ve Sanayi A.S. (EKIVY)?
Our model-based price target is the fair value of $19.88 (as of Aug 19, 2026) from 24 valuation models. Cautious scenario $9.05, optimistic scenario $27.47. It is a calculation from audited fundamentals, not an analyst target.
What is the Enka Insaat ve Sanayi A.S. stock forecast for 2026?
Our models put fair value at $19.88, about +186% upside versus a price of $6.95 (undervalued). Cautious scenario $9.05, optimistic scenario $27.47. The calculation is refreshed regularly with new filings.
What is the revenue of Enka Insaat ve Sanayi A.S. (EKIVY)?
Enka Insaat ve Sanayi A.S. reported trailing-twelve-month revenue of about $3.5B (latest available figure, as of Aug 19, 2026).
What is the net profit margin of EKIVY?
The net profit margin of Enka Insaat ve Sanayi A.S. is about 22.3%, meaning it keeps roughly 22.3% of revenue as net income. Based on the latest reported figures.
Does Enka Insaat ve Sanayi A.S. pay a dividend?
Enka Insaat ve Sanayi A.S. currently shows a dividend yield of about 5.41% relative to its recent price (as of Aug 19, 2026).
What growth is priced into Enka Insaat ve Sanayi A.S. (EKIVY)?
For today's price to be fair in a discounted-cash-flow model, Enka Insaat ve Sanayi A.S. would have to grow free cash flow by less than minus 40 % per year for ten years (discount rate 8.1 %, then 2 % perpetual growth). Over the last 4 years revenue grew +17.1 % per year. As of Aug 19, 2026.
What discount rate (WACC) does the fair value of EKIVY use?
Our models discount Enka Insaat ve Sanayi A.S. at 8.1 %: a base by market capitalisation (large), damped by beta 0.40, country premium for USA. The same rate applies in all 26 models.
What is the intrinsic value of Enka Insaat ve Sanayi A.S. (EKIVY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Enka Insaat ve Sanayi A.S. it is $19.88 per share (as of Aug 19, 2026), against a price of $6.95. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Enka Insaat ve Sanayi A.S. stock overvalued or undervalued in 2026?
As of Aug 19, 2026, EKIVY trades below its calculated fair value: price $6.95, fair value $19.88, a gap of about +186% (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 EKIVY?
No. The price is what the market pays today ($6.95); the fair value is what the company's own numbers justify ($19.88). For Enka Insaat ve Sanayi A.S. the two are $12.93 per share apart. That gap is exactly why we show both numbers side by side.
How much is Enka Insaat ve Sanayi A.S. worth?
The market values Enka Insaat ve Sanayi A.S. at about $10.8B (market capitalisation, as of Aug 19, 2026). Per share that is $6.95; our models calculate a fair value of $19.88 per share.
What do the bullish and bearish scenarios say about EKIVY?
Our models span a range for Enka Insaat ve Sanayi A.S.: cautious scenario $9.05, base $19.88, optimistic $27.47 per share (as of Aug 19, 2026, price $6.95). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EKIVY?
Enka Insaat ve Sanayi A.S. trades at a price-to-earnings ratio of 11.6 (as of Aug 19, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $19.88 is built from several models across several years. Other multiples: P/S 3.1.
How solid is the balance sheet of Enka Insaat ve Sanayi A.S. (EKIVY)?
Balance-sheet figures for Enka Insaat ve Sanayi A.S. (as of Aug 19, 2026): return on equity 10.0%. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is EKIVY from its 52-week high?
Enka Insaat ve Sanayi A.S. trades at $6.95, about 5% below its 52-week high of $7.34 and 18% above the low of $5.91 (as of Aug 19, 2026). Distance from the high says nothing about value: that is what the fair value of $19.88 is for.
Which stocks are comparable to Enka Insaat ve Sanayi A.S.?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Comfort Systems USA, Inc, Larsen & Toubro 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 Enka Insaat ve Sanayi A.S. stock attractive at the current price?
The data as of Aug 19, 2026: price $6.95, calculated fair value $19.88 (+186%), Quality Score 48/100, from 24 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 EKIVY calculated?
We run Enka Insaat ve Sanayi A.S. through 24 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 $19.88, 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 32.6 % above its aggregate fair value. Enka Insaat ve Sanayi A.S. currently trades 186 % 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 <a href="/is-it-worth-investing-now/">is it worth investing now</a>.
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