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Gimat Magazacilik Sanayi Ve Ticaret A.S. (GMTAS) Fair Value & Analysis

Consumer Non-Cyclicals · TR · Market cap 14.2B TRY

GM Gimat Magazacilik Sanayi Ve Ticaret A.S. GMTAS · IS
Price46.70 TRY
Fair Value8.96 TRY
Upside-80.8%
Quality54/100
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Expensive Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Evidence: Medium Range 8.12 TRY – 9.63 TRY Share as image

Fair value as of: Aug 8, 2026

From 8 valuation models · updated yesterday

Share price +3.5% over the past month.

A solid business, but screening 81% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (9.63 TRY). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

51.50 TRY 0.8922 TRY Fair Value 8.96 TRY Nov 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

57‑month range 0.8922 TRY – 51.50 TRY · fair‑value band 8.12 TRY – 9.63 TRY · the 46.70 TRY price screens above the 8.96 TRY fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Gimat Magazacilik Sanayi Ve Ticaret A.S. (GMTAS) currently trades at 46.70 TRY, while our model-based Fair Value estimate is 8.96 TRY, implying the stock looks roughly 80.8% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Non-Cyclicals 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).

Our scenario range runs from 8.12 TRY (bear case) to 9.63 TRY (bull case); at 46.70 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 15% below its 52-week high, currently above its 200-day average. For context, the median of 10 Consumer Non-Cyclicals peers we cover trades at -18% fair-value upside, at -81%, GMTAS 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 11.36 TRY 13.99 TRY 18.51 TRY 72
Gordon GGM 1.15 TRY 2.38 TRY 3.78 TRY 70
DDM Multi-Stage 1.15 TRY 2.01 TRY 2.50 TRY 61
All 8 models by family
Earnings-Based
EPV 11.36 TRY 13.17 TRY 14.75 TRY 59
Dividend Discount
Gordon GGM 1.15 TRY 2.38 TRY 3.78 TRY 70
DDM Multi-Stage 1.15 TRY 2.01 TRY 2.50 TRY 61
Multiples
EV/EBIT 19.98 TRY 26.47 TRY 32.96 TRY 53
EV/EBITDA 16.63 TRY 22.01 TRY 27.39 TRY 54
EV/Revenue 13.63 TRY 19.26 TRY 24.88 TRY 43
Asset-Based
NCAV (Graham) 6.33 TRY 8.48 TRY 12.66 TRY 50
Economic Profit
ROIC Compounder 11.36 TRY 13.99 TRY 18.51 TRY 72

Widest divergence: Multiples (22.01 TRY) versus Dividend Discount (2.01 TRY). Highest evidence: ROIC Compounder (72).

Quality Score breakdown

Overall quality 54/100

Of which business quality 47 · Market factors (momentum, volatility) 65

Profitability 27
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 6
Calm price path (market factor)
Momentum 89
Price trend over the last 3–12 months (market factor)
52W Momentum 91
Distance to the 52-week high (market factor)
Net Issuance 82
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

Gimat Magazacilik Sanayi Ve Ticaret A.S. operates in the retailing and wholesale business in Turkey. It operates an online store for food; red and white meat, fish, and aquaculture; milk and breakfast products; cleaning products, which include general cleaning, washing, washing dishes, and cleaning supplies; personal care; baby products, including diapers, …

Full company description

Gimat Magazacilik Sanayi Ve Ticaret A.S. operates in the retailing and wholesale business in Turkey. It operates an online store for food; red and white meat, fish, and aquaculture; milk and breakfast products; cleaning products, which include general cleaning, washing, washing dishes, and cleaning supplies; personal care; baby products, including diapers, detergents, foods, and toys; fruits and vegetables; non-food, and bakery products, as well as beverages, comprising tea, coffee, and drinks. The company is also involved in retailing of fast-moving consumer products. Gimat Magazacilik Sanayi Ve Ticaret A.S. was incorporated in 2015 and is headquartered in Ankara, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Gimat Magazacilik Sanayi Ve Ticaret A.S. reported revenue of 5.2B TRY in FY2025 versus 316M TRY in FY2021, a compound +101.7%/yr. Reported net income was −139M TRY in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
5.2B TRY
Latest YoY
+42.3%
Avg. growth/yr (3Y)
+56.4%
Avg. growth/yr (5Y)
+89.1%
Avg. growth/yr (7Y)
+82.4%
Revenue +101.7%/yr
FY21 316M TRY
FY22 1.4B TRY
FY23 2.7B TRY
FY24 3.7B TRY
FY25 5.2B TRY
Net income
FY21 44.5M TRY
FY22 −4.2M TRY
FY23 5.0M TRY
FY24 476M TRY
FY25 −139M TRY

GMTAS screens 81% overvalued. Compare with PGOLD →

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Cite: Fair Value Calculator (2026). "Gimat Magazacilik Sanayi Ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/GMTAS

Peer Group

Consumer Discretionary · 3567 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Food & Drug Retailing” was too small, so the broader sector is used.)

Quality Score 54 · Above median
Fair Value upside −81% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below median

Valuation Multiples vs Consumer Discretionary median · lower = cheaper

P/B 0.08× · Cheaper than 75% of peers
EV/EBITDA 0.6× · 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 0 · sector 14
PAST 0 · sector 21
HEALTH 100 · sector 96
DIVIDEND 0 · sector 41

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 Food & Drug Retailing stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

Stock Price Fair Value vs Fair Value
PGOLD PGOLD 39.30 PHP 62.75 PHP +60%
RRHI RRHI 38.00 PHP 43.51 PHP +15%
KEEPR KEEPR 1.86 PHP 6.15 PHP +231%
Curexo Inc 060280 8,000 KRW 1,147 KRW -86%
FRUIT FRUIT 0.6700 PHP 0.5500 PHP -18%
Seouleaguer Co 043710 2,850 KRW 811.29 KRW -72%
COSCO COSCO ₹208.00 ₹51.24 -75%
FB FB 49.00 PHP 49.03 PHP +0%
JGS JGS 25.00 PHP 20.51 PHP -18%
URC URC 61.20 PHP 47.86 PHP -22%

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Frequently asked questions

Is Gimat Magazacilik Sanayi Ve Ticaret A.S. (GMTAS) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of 8.96 TRY versus a price of 46.70 TRY, about −81% (overvalued).
What is the fair value of GMTAS?
Our model-based fair value for Gimat Magazacilik Sanayi Ve Ticaret A.S. is 8.96 TRY (as of Aug 8, 2026), built from audited fundamentals. The current price is 46.70 TRY.
What is the quality score of GMTAS?
Gimat Magazacilik Sanayi Ve Ticaret A.S. has a Quality Score of 54/100. 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 net profit margin of GMTAS?
The net profit margin of Gimat Magazacilik Sanayi Ve Ticaret A.S. is about 0.0%, meaning it keeps roughly 0.0% 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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