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Gedik Yatirim Menkul Degerler A.S. (GEDIK) Fair Value & Analysis

Financial Services · TR · Market cap 12.7B TRY

GY Gedik Yatirim Menkul Degerler A.S. GEDIK · IS
Price6.35 TRY
Fair Value9.80 TRY
Upside+54.3%
Quality46/100
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Expensive Growth
Thin margins · 0.4% net margin
Low debt · negative free cash flow
5.99% dividend yield
Ranks above peers (8/13)
Moderate moat 45/100
Evidence: High Range 6.77 TRY – 17.19 TRY Share as image

Fair value as of: Aug 8, 2026

From 15 valuation models · updated yesterday

Share price −10.9% over the past month.

Below-average quality, screening 54% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (6.77 TRY). The market is more pessimistic than our downside scenario.
  • Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (6.77 TRY to 17.19 TRY) leaves room in how you read the outcome.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

9.26 TRY 0.7159 TRY Fair Value 9.80 TRY Apr 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 0.7159 TRY – 9.26 TRY · fair‑value band 6.77 TRY – 17.19 TRY · the 6.35 TRY price screens below the 9.80 TRY fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Gedik Yatirim Menkul Degerler A.S. (GEDIK) currently trades at 6.35 TRY, while our model-based Fair Value estimate is 9.80 TRY, implying the stock looks roughly 54.3% undervalued today. The Quality Score stands at 46/100 (below-average quality), in the Financial Services 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, Gedik Yatirim Menkul Degerler A.S. generated revenue of 519B TRY at a net margin of 0.4%. It earns a return on equity of 40.2%. Net debt stands at 5.2B TRY. The stock trades on a trailing P/E of 8.5. Fundamentals as of Aug 8, 2026

Our scenario range runs from 6.77 TRY (bear case) to 17.19 TRY (bull case); at 6.35 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 21% below its 52-week high and 28% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at 54%, GEDIK 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
Residual Income 5.43 TRY 7.51 TRY 59.18 TRY 76
ROIC Compounder 8.53 TRY 9.48 TRY 10.30 TRY 72
Growth-Adj P/E 23.80 TRY 34.00 TRY 44.20 TRY 68
All 15 models by family
DCF Models
Owner Earnings 15.20 TRY 30.94 TRY 63.99 TRY 31
Earnings-Based
Graham-Dodd 5.13 TRY 35.75 TRY 50.17 TRY 54
Lynch FV 18.47 TRY 26.38 TRY 34.30 TRY 50
PEG = 1.0 18.47 TRY 26.38 TRY 34.30 TRY 46
EPV 8.53 TRY 9.48 TRY 10.30 TRY 59
Multiples
P/E Multiple 11.31 TRY 15.08 TRY 18.85 TRY 63
P/S Multiple 9.61 TRY 12.82 TRY 16.02 TRY 58
P/B Multiple 5.72 TRY 7.63 TRY 9.54 TRY 55
EV/EBIT 11.79 TRY 14.77 TRY 17.74 TRY 53
EV/EBITDA 10.48 TRY 13.02 TRY 15.56 TRY 54
EV/Revenue 8.88 TRY 11.46 TRY 14.04 TRY 43
Asset-Based
NCAV (Graham) 1.27 TRY 1.70 TRY 2.54 TRY 50
Economic Profit
Residual Income 5.43 TRY 7.51 TRY 59.18 TRY 76
ROIC Compounder 8.53 TRY 9.48 TRY 10.30 TRY 72
Growth Earnings
Growth-Adj P/E 23.80 TRY 34.00 TRY 44.20 TRY 68

Widest divergence: Growth Earnings (34.00 TRY) versus Asset-Based (1.70 TRY). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 519B TRY
Revenue growth (YoY) +361%
Net margin 0.4%
Return on equity 40.2%
Free cash flow −3.2B TRY FY2025
P/E ratio 8.5
More key figures
Operating margin 0.3%
EPS (TTM) 0.7500 TRY
Dividend yield 6.0%
EPS growth (YoY) +655%
Net debt 5.2B TRY FY2025

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 43 · Market factors (momentum, volatility) 49

Profitability 58
Margins and returns on capital today
Quality Growth 69
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 35
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

Gedik Yatirim Menkul Degerler A.S. provides investment banking company in Turkey and internationally. The company provides brokerage services, portfolio brokerage services, individual brokerage services. portfolio management activity, investment, advisory activity, and initial public offering services.

Full company description

Gedik Yatirim Menkul Degerler A.S. provides investment banking company in Turkey and internationally. The company provides brokerage services, portfolio brokerage services, individual brokerage services. portfolio management activity, investment, advisory activity, and initial public offering services. It offers equity market, debt instruments market, international bonds, futures transaction and option, and corporate financing services; and debt instrument issuances, company acquisitions, and mergers, financial partnership, capital increase, dividend distribution, and privatization project services. The company was incorporated in 1991 and is based in Istanbul, Turkey. Gedik Yatirim Menkul Degerler A.S. operates as a subsidiary of Inveo Yatirim Holding Anonim Sirketi.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Gedik Yatirim Menkul Degerler A.S. reported revenue of 434B TRY in FY2025 versus 18.7B TRY in FY2021, a compound +119.6%/yr. Reported net income was 1.5B TRY in FY2025, compounding +58.3%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
434B TRY
Latest YoY
+343.8%
Avg. growth/yr (3Y)
+75.5%
Avg. growth/yr (5Y)
+122.8%
Avg. growth/yr (16Y)
+44.0%
Revenue +119.6%/yr
FY21 18.7B TRY
FY22 80.2B TRY
FY23 140B TRY
FY24 97.7B TRY
FY25 434B TRY
Net income +58.3%/yr
FY21 240M TRY
FY22 350M TRY
FY23 1.1B TRY
FY24 480M TRY
FY25 1.5B TRY

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Cite: Fair Value Calculator (2026). "Gedik Yatirim Menkul Degerler A.S. Fair Value". https://www.fairvalue-calculator.com/stock/GEDIK

Peer Group

Capital Markets · 426 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 45 · Below median
Fair Value upside +54% · Top 25%
Return on equity (TTM) 40% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 361% · Top 25%
Dividend yield (TTM) 6.0% · Top 25%

Valuation Multiples vs Capital Markets median · lower = cheaper

P/E (TTM) 8.5× · Cheaper than 75% of peers
P/B 2.50× · Pricier than 75% of peers
P/S (TTM) 0.02× · Cheaper than 75% of peers
EV/EBITDA 14.9× · Pricier 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 100 · sector 11
FUTURE 100 · sector 94
PAST 100 · sector 31
HEALTH 100 · sector 93
DIVIDEND 100 · sector 37

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

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0400 -85%
Mirae Asset Securities Co 006800 38,750 KRW 31,645 KRW -18%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 239,000 KRW 318,825 KRW +33%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Samsung Securities Co 016360 107,700 KRW 126,487 KRW +17%
Motilal Oswal Financial Services Limited MOTILALOFS ₹967.00 ₹299.65 -69%
Kiwoom Securities Co 039490 322,000 KRW 358,091 KRW +11%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%

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Frequently asked questions

Is Gedik Yatirim Menkul Degerler A.S. (GEDIK) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of 9.80 TRY versus a price of 6.35 TRY, about +54% (undervalued).
What is the fair value of GEDIK?
Our model-based fair value for Gedik Yatirim Menkul Degerler A.S. is 9.80 TRY (as of Aug 8, 2026), built from audited fundamentals. The current price is 6.35 TRY.
What is the quality score of GEDIK?
Gedik Yatirim Menkul Degerler A.S. has a Quality Score of 46/100. 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 Gedik Yatirim Menkul Degerler A.S. (GEDIK)?
Gedik Yatirim Menkul Degerler A.S. reported trailing-twelve-month revenue of about 519B TRY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of GEDIK?
The net profit margin of Gedik Yatirim Menkul Degerler A.S. is about 0.4%, meaning it keeps roughly 0.4% of revenue as net income. Based on the latest reported figures.
Does Gedik Yatirim Menkul Degerler A.S. pay a dividend?
Gedik Yatirim Menkul Degerler A.S. currently shows a dividend yield of about 5.99% relative to its recent price (as of Aug 8, 2026).

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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