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IC Enterra Yenilenebilir Enerji A.S. (ENTRA) Fair Value & Analysis

Utilities · TR · Market cap 19.3B TRY

IE IC Enterra Yenilenebilir Enerji A.S. ENTRA · IS
Price4.69 TRY
Fair Value4.96 TRY
Upside+5.8%
Quality30/100
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Mixed Growth
Loss-making · -10.4% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/11)
Narrow moat 6/100
Evidence: Medium Range 3.02 TRY – 4.96 TRY Share as image

Fair value as of: Aug 8, 2026

From 12 valuation models · updated yesterday

Share price +2.4% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 3.02 TRY (bear) to 4.96 TRY (bull), base 4.96 TRY. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 30/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (2 years)

1,000,000 TRY 3.15 TRY Fair Value 4.96 TRY Apr 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.

How to read this chart

28‑month range 3.15 TRY – 1,000,000 TRY · fair‑value band 3.02 TRY – 4.96 TRY · the 4.69 TRY price screens below the 4.96 TRY fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

IC Enterra Yenilenebilir Enerji A.S. (ENTRA) currently trades at 4.69 TRY, while our model-based Fair Value estimate is 4.96 TRY, implying the stock looks roughly 5.8% fairly valued today. The Quality Score stands at 30/100 (below-average quality), in the Utilities 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, IC Enterra Yenilenebilir Enerji A.S. generated revenue of 4.2B TRY at a net margin of -10.4%. Revenue declined 3.9% year over year. It earns a return on equity of -1.3%. Net debt stands at 11.2B TRY. Fundamentals as of Aug 8, 2026

Our scenario range runs from 3.02 TRY (bear case) to 4.96 TRY (bull case); at 4.69 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. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at 6%, ENTRA 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 7.64 TRY 15.35 TRY 28.97 TRY 80
ROIC Compounder 0.5600 TRY 0.9100 TRY 1.21 TRY 72
EPV 0.5600 TRY 0.9100 TRY 1.21 TRY 59
All 12 models by family
DCF Models
FCF DCF 7.81 TRY 16.54 TRY 32.61 TRY 38
5Y Revenue Exit 2.63 TRY 4.72 TRY 7.37 TRY 39
5Y EBITDA Exit 6.26 TRY 12.51 TRY 20.54 TRY 41
10Y Revenue Exit 4.18 TRY 6.84 TRY 10.66 TRY 36
10Y EBITDA Exit 6.70 TRY 12.69 TRY 22.15 TRY 37
Earnings-Based
EPV 0.5600 TRY 0.9100 TRY 1.21 TRY 59
Multiples
EV/EBIT 1.75 TRY 2.84 TRY 3.93 TRY 53
EV/EBITDA 6.03 TRY 8.55 TRY 11.06 TRY 54
EV/Revenue 0.3100 TRY 1.09 TRY 1.87 TRY 43
Asset-Based
NCAV (Graham) 4.36 TRY 5.84 TRY 8.71 TRY 50
Growth DCF
Growth DCF 7.64 TRY 15.35 TRY 28.97 TRY 80
Economic Profit
ROIC Compounder 0.5600 TRY 0.9100 TRY 1.21 TRY 72

Widest divergence: Growth DCF (15.35 TRY) versus Earnings-Based (0.9100 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 4.2B TRY
Revenue growth (YoY) -3.9%
Net margin -10.4%
Return on equity -1.3%
Free cash flow 2.8B TRY FY2025
Operating margin -5.7%
More key figures
EPS (TTM) -0.1000 TRY
EPS growth (YoY) -52.4%
Net debt 11.2B TRY FY2025

Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 30/100

Of which business quality 42 · Market factors (momentum, volatility) 29

Profitability 2
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 95
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 18
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 8
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

IC Enterra Yenilenebilir Enerji A.S. engages in the establishment, commissioning, leasing, and operation of electricity generation facilities in Turkey. It produces electricity through its hydroelectric and solar power plants. The company was founded in 1998 and is based in Ankara, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

IC Enterra Yenilenebilir Enerji A.S. reported revenue of 4.2B TRY in FY2025 versus 1.7B TRY in FY2021, a compound +25.6%/yr. Reported net income was −1.8B TRY in FY2025.

Growth Quality 58/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
4.2B TRY
Latest YoY
+4.6%
Avg. growth/yr (3Y)
+10.0%
Revenue +25.6%/yr
FY21 1.7B TRY
FY22 3.2B TRY
FY23 2.9B TRY
FY24 4.0B TRY
FY25 4.2B TRY
Net income
FY21 −3.8B TRY
FY22 3.3B TRY
FY23 1.3B TRY
FY24 2.6B TRY
FY25 −1.8B TRY

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Cite: Fair Value Calculator (2026). "IC Enterra Yenilenebilir Enerji A.S. Fair Value". https://www.fairvalue-calculator.com/stock/ENTRA.IS

Peer Group

Utilities - Renewable · 219 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 31 · Bottom 25%
Fair Value upside +6% · Above median
Return on assets 1% · Below median
Net margin (TTM) -10% · Bottom 25%
Operating margin (TTM) -6% · Bottom 25%
Revenue growth -4% · Below median
Debt / equity 0.20× · Lower than median

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/S (TTM) 0.10× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 2.2× · 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 41 · sector 16
FUTURE 0 · sector 0
PAST 0 · sector 12
HEALTH 90 · sector 68
DIVIDEND 0 · sector 50

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 Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is IC Enterra Yenilenebilir Enerji A.S. (ENTRA) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of 4.96 TRY versus a price of 4.69 TRY, about +6% (fairly valued).
What is the fair value of ENTRA?
Our model-based fair value for IC Enterra Yenilenebilir Enerji A.S. is 4.96 TRY (as of Aug 8, 2026), built from audited fundamentals. The current price is 4.69 TRY.
What is the quality score of ENTRA?
IC Enterra Yenilenebilir Enerji A.S. has a Quality Score of 30/100. 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 IC Enterra Yenilenebilir Enerji A.S. (ENTRA)?
IC Enterra Yenilenebilir Enerji A.S. reported trailing-twelve-month revenue of about 4.2B TRY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of ENTRA?
The net profit margin of IC Enterra Yenilenebilir Enerji A.S. is about -10.4%, 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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