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Ford Otomotiv Sanayi A.S., (FROTO) Fair Value & Analysis

Consumer Cyclical · TR · Market cap 274B TRY

FO Ford Otomotiv Sanayi A.S., FROTO · IS
Price78.10 TRY
Fair Value49.95 TRY
Upside-36.0%
Quality35/100
Watch Ford Otomotiv Sanayi A.S., for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 3.5% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (7/14)
Narrow moat 36/100
Evidence: High Range 36.74 TRY – 73.04 TRY Share as image

Fair value as of: Aug 8, 2026

From 24 valuation models · updated yesterday

Share price −3.3% 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 (73.04 TRY). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (36.74 TRY to 73.04 TRY) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

129.84 TRY 13.52 TRY Fair Value 49.95 TRY May 2021 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

60‑month range 13.52 TRY – 129.84 TRY · fair‑value band 36.74 TRY – 73.04 TRY · the 78.10 TRY price screens above the 49.95 TRY fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Ford Otomotiv Sanayi A.S., (FROTO) currently trades at 78.10 TRY, while our model-based Fair Value estimate is 49.95 TRY, implying the stock looks roughly 36.0% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Consumer Cyclical 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: high).

Over the trailing twelve months, Ford Otomotiv Sanayi A.S., generated revenue of 775B TRY at a net margin of 3.5%. Revenue declined 0.5% year over year. It earns a return on equity of 17.0%. Net debt stands at 97.1B TRY. Fundamentals as of Aug 8, 2026

Our scenario range runs from 36.74 TRY (bear case) to 73.04 TRY (bull case); at 78.10 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 40% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 25% fair-value upside, at -36%, FROTO 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
Growth DCF 345.00 TRY 729.67 TRY 1,376 TRY 80
Residual Income 68.58 TRY 91.83 TRY 493.89 TRY 76
Rev-Margin DCF 186.07 TRY 322.14 TRY 597.06 TRY 74
All 24 models by family
DCF Models
FCF DCF 366.65 TRY 597.19 TRY 1,351 TRY 38
Owner Earnings 85.33 TRY 213.11 TRY 493.36 TRY 31
5Y Revenue Exit 174.47 TRY 279.88 TRY 498.08 TRY 39
5Y EBITDA Exit 211.40 TRY 354.59 TRY 634.39 TRY 41
5Y P/E Exit 200.86 TRY 413.43 TRY 694.99 TRY 38
10Y Revenue Exit 226.87 TRY 442.47 TRY 558.08 TRY 36
10Y EBITDA Exit 259.37 TRY 523.87 TRY 963.57 TRY 37
10Y P/E Exit 251.50 TRY 500.64 TRY 891.25 TRY 35
Earnings-Based
Graham-Dodd 65.86 TRY 459.29 TRY 644.55 TRY 54
Lynch FV 207.59 TRY 296.56 TRY 385.53 TRY 50
PEG = 1.0 207.59 TRY 296.56 TRY 385.53 TRY 46
EPV 92.76 TRY 110.86 TRY 126.95 TRY 59
Multiples
P/E Multiple 145.28 TRY 193.70 TRY 242.13 TRY 63
P/S Multiple 123.49 TRY 164.65 TRY 205.81 TRY 58
P/B Multiple 100.04 TRY 133.39 TRY 166.73 TRY 55
EV/EBIT 144.05 TRY 195.33 TRY 246.61 TRY 53
EV/EBITDA 149.11 TRY 202.09 TRY 255.06 TRY 54
EV/Revenue 93.90 TRY 138.35 TRY 182.79 TRY 43
Asset-Based
NCAV (Graham) 22.23 TRY 29.79 TRY 44.46 TRY 50
Growth DCF
Growth DCF 345.00 TRY 729.67 TRY 1,376 TRY 80
Rev-Margin DCF 186.07 TRY 322.14 TRY 597.06 TRY 74
Economic Profit
Residual Income 68.58 TRY 91.83 TRY 493.89 TRY 76
ROIC Compounder 135.35 TRY 223.74 TRY 286.04 TRY 72
Growth Earnings
Growth-Adj P/E 274.28 TRY 391.83 TRY 509.38 TRY 68

Widest divergence: DCF Models (413.43 TRY) versus Asset-Based (29.79 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 775B TRY
Revenue growth (YoY) -0.5%
Net margin 3.5%
Return on equity 17.0%
Free cash flow 74.0B TRY FY2025
P/E ratio 8.8
More key figures
Operating margin 2.9%
EPS (TTM) 8.83 TRY
EPS growth (YoY) -45.3%
Net debt 97.1B TRY FY2025

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

Quality Score breakdown

Overall quality 35/100

Of which business quality 42 · Market factors (momentum, volatility) 32

Profitability 57
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 30
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 0
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

Ford Otomotiv Sanayi A.S., together with its subsidiaries, engages in the manufacturing, assembly, production, import, and sale of motor vehicles and spare parts in Turkey and internationally. The company offers passenger car models, light commercial vehicles, and heavy commercial vehicles, as well as diesel engines and powertrains under the Ford brand name.

Full company description

Ford Otomotiv Sanayi A.S., together with its subsidiaries, engages in the manufacturing, assembly, production, import, and sale of motor vehicles and spare parts in Turkey and internationally. The company offers passenger car models, light commercial vehicles, and heavy commercial vehicles, as well as diesel engines and powertrains under the Ford brand name. It exports its products. The company was founded in 1926 and is based in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ford Otomotiv Sanayi A.S., reported revenue of 831B TRL in FY2025 versus 71.1B TRL in FY2021, a compound +84.9%/yr. Reported net income was 34.0B TRL in FY2025, compounding +40.2%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
831B TRY
Latest YoY
+6.7%
Avg. growth/yr (3Y)
+69.1%
Avg. growth/yr (5Y)
+75.8%
Avg. growth/yr (25Y)
−23.3%
Revenue +84.9%/yr
FY21 71.1B TRL
FY22 172B TRL
FY23 595B TRL
FY24 779B TRL
FY25 831B TRL
Net income +40.2%/yr
FY21 8.8B TRL
FY22 18.6B TRL
FY23 70.8B TRL
FY24 50.9B TRL
FY25 34.0B TRL

FROTO screens 36% overvalued. Compare with Toyota Motor Corporation →

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Cite: Fair Value Calculator (2026). "Ford Otomotiv Sanayi A.S., Fair Value". https://www.fairvalue-calculator.com/stock/FROTO

Peer Group

Auto Manufacturers · 119 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 35 · Below median
Fair Value upside −36% · Below median
Return on equity (TTM) 17% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 3% · Below median
Revenue growth -1% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.63× · Higher than 75% of peers

Valuation Multiples vs Auto Manufacturers median · lower = cheaper

P/E (TTM) 8.8× · Cheaper than 75% of peers
P/B 1.76× · Pricier than median
P/S (TTM) 0.35× · Cheaper than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 8.0× · Cheaper than median

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 24
FUTURE 0 · sector 32
PAST 68 · sector 19
HEALTH 68 · sector 94
DIVIDEND 0 · sector 44

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 Auto Manufacturers stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

Stock Price Fair Value vs Fair Value
Toyota Motor Corporation TM $179.76 $224.63 +25%
BYD Company 81211 HK$80.55 HK$50.85 -37%
Hyundai Motor Company 005380 425,000 KRW 616,918 KRW +45%
General Motors Company GM $77.72 $56.93 -27%
Bayerische Motoren Werke Aktiengesellschaft BMWM5N 1,909 MXN 2,944 MXN +54%
Ferrari N.V RACE $376.64 $228.05 -39%
Ford Motor Company F C$11.86 C$4.00 -66%
Mercedes-Benz Group BENZ C$20.44 C$35.15 +72%
Volkswagen AG VOW 2,149 CZK 7,191 CZK +235%
Maruti Suzuki India Limited MARUTI ₹13,803 ₹8,236 -40%

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Frequently asked questions

Is Ford Otomotiv Sanayi A.S., (FROTO) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of 49.95 TRY versus a price of 78.10 TRY, about −36% (overvalued).
What is the fair value of FROTO?
Our model-based fair value for Ford Otomotiv Sanayi A.S., is 49.95 TRY (as of Aug 8, 2026), built from audited fundamentals. The current price is 78.10 TRY.
What is the quality score of FROTO?
Ford Otomotiv Sanayi A.S., has a Quality Score of 35/100. 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 Ford Otomotiv Sanayi A.S., (FROTO)?
Ford Otomotiv Sanayi A.S., reported trailing-twelve-month revenue of about 775B TRY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of FROTO?
The net profit margin of Ford Otomotiv Sanayi A.S., is about 3.5%, meaning it keeps roughly 3.5% 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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