GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. (GSDDE) Fair Value & Analysis

Industrials · TR · Market cap 2.0B TRY

GD GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. GSDDE · IS

Price13.14 TRY

Fair Value21.20 TRY

Upside+61.3%

Quality53/100

Watch GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. for free, get notified when fair value or trend changes. Watch for free

Expensive Growth

Highly profitable · 33.5% net margin

Low debt · generates free cash flow

Ranks above peers (9/14)

Moderate moat 61/100

Evidence: High Range 12.77 TRY – 26.51 TRY Share as image

Fair value as of: Aug 8, 2026

From 24 valuation models · updated yesterday

Share price −7.3% over the past month.

A solid business, screening 61% undervalued on our models.

What matters now

Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.
A fairly wide model range (12.77 TRY to 26.51 TRY) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

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 2.24 TRY – 17.40 TRY · fair‑value band 12.77 TRY – 26.51 TRY · the 13.14 TRY price screens below the 21.20 TRY fair value. Dashed = 300-day average. As of Aug 8, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. (GSDDE) currently trades at 13.14 TRY, while our model-based Fair Value estimate is 21.20 TRY, implying the stock looks roughly 61.3% undervalued today. The Quality Score stands at 53/100 (solid quality), in the Industrials 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, GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. generated revenue of 611M TRY at a net margin of 33.5%. Revenue grew 19.4% year over year. It earns a return on equity of 7.7%. Net debt stands at 59.1M TRY. Fundamentals as of Aug 8, 2026

Our scenario range runs from 12.77 TRY (bear case) to 26.51 TRY (bull case); at 13.14 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. The share trades about 30% below its 52-week high and 44% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at 61%, GSDDE 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 12.29 TRY 20.25 TRY 32.75 TRY 80

Rev-Margin DCF 11.04 TRY 18.07 TRY 32.81 TRY 74

ROIC Compounder 7.67 TRY 8.53 TRY 9.25 TRY 72

All 24 models by family

DCF Models

FCF DCF 13.03 TRY 18.39 TRY 34.40 TRY 38

Owner Earnings 6.20 TRY 11.37 TRY 20.96 TRY 31

5Y Revenue Exit 10.16 TRY 15.97 TRY 28.06 TRY 39

5Y EBITDA Exit 16.99 TRY 29.75 TRY 54.79 TRY 41

5Y P/E Exit 18.04 TRY 39.63 TRY 69.21 TRY 38

10Y Revenue Exit 10.92 TRY 20.70 TRY 26.46 TRY 36

10Y EBITDA Exit 15.73 TRY 34.10 TRY 66.39 TRY 37

10Y P/E Exit 16.43 TRY 36.16 TRY 68.89 TRY 35

Earnings-Based

Graham-Dodd 8.48 TRY 59.15 TRY 83.01 TRY 54

Lynch FV 30.56 TRY 43.66 TRY 56.75 TRY 50

PEG = 1.0 30.56 TRY 43.66 TRY 56.75 TRY 46

EPV 7.67 TRY 8.53 TRY 9.25 TRY 59

Multiples

P/E Multiple 18.71 TRY 24.95 TRY 31.18 TRY 63

P/S Multiple 7.31 TRY 9.75 TRY 12.18 TRY 58

P/B Multiple 15.90 TRY 21.20 TRY 26.51 TRY 55

EV/EBIT 13.19 TRY 17.12 TRY 21.06 TRY 53

EV/EBITDA 18.57 TRY 24.30 TRY 30.03 TRY 54

EV/Revenue 8.20 TRY 11.12 TRY 14.05 TRY 43

Asset-Based

NCAV (Graham) 9.27 TRY 12.42 TRY 18.54 TRY 50

Growth DCF

Growth DCF 12.29 TRY 20.25 TRY 32.75 TRY 80

Rev-Margin DCF 11.04 TRY 18.07 TRY 32.81 TRY 74

Economic Profit

Residual Income 14.01 TRY 14.31 TRY 14.01 TRY 61

ROIC Compounder 7.67 TRY 8.53 TRY 9.25 TRY 72

Growth Earnings

Growth-Adj P/E 39.38 TRY 56.25 TRY 73.13 TRY 68

Widest divergence: Growth Earnings (56.25 TRY) versus Economic Profit (8.53 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 611M TRY

Revenue growth (YoY) +19.4%

Net margin 33.5%

Return on equity 7.7%

Free cash flow 128M TRY FY2025

P/E ratio 9.6

More key figures

Operating margin 23.5%

EPS (TTM) 1.37 TRY

EPS growth (YoY) +180,996%

Net debt 59.1M TRY FY2025

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

Quality Score breakdown

Overall quality 53/100

Of which business quality 52 · Market factors (momentum, volatility) 56

Profitability 37

Margins and returns on capital today

Quality Growth 50

Are margins and returns improving?

Cashflow 73

Earnings quality: real cash, not paper profit

Fin. Strength 58

Balance sheet, leverage, solvency risk

Investment 0

Disciplined investing over empire-building

Low Volatility 47

Calm price path (market factor)

Momentum 61

Price trend over the last 3–12 months (market factor)

52W Momentum 56

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

Full company description

GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. engages in maritime sector activities. The company operates dry cargo transportation and logistics services. The company was formerly known as Tekstil Finansal Kiralama Anonim Sirketi and changed its name to GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. in August 2011. The company was incorporated in 1992 and is based in Istanbul, Turkey. GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. operates as a subsidiary of GSD Holding A.S.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. reported revenue of 585M TRY in FY2025 versus 179M TRY in FY2021, a compound +34.5%/yr. Reported net income was 187M TRY in FY2025, compounding +7.7%/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)

585M TRY

Latest YoY

−18.7%

Avg. growth/yr (3Y)

+23.6%

Avg. growth/yr (5Y)

+67.3%

Avg. growth/yr (21Y)

+27.2%

Revenue +34.5%/yr

FY21 179M TRY

FY22 310M TRY

FY23 375M TRY

FY24 720M TRY

FY25 585M TRY

Net income +7.7%/yr

FY21 139M TRY

FY22 214M TRY

FY23 −440M TRY

FY24 −45.2M TRY

FY25 187M TRY

Watch GSDDE: get an alert when its fair value changes →

Run the numbers yourself: free valuation calculators

DCF Calculator Graham Number Peter Lynch Formula DDM Calculator Fama-French Model Intrinsic Value

Share or link this analysis

𝕏 Post WhatsApp LinkedIn Reddit

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. · Fair Value
21.20 TRY +61%Fair Value
Calculator →

<a href="https://www.fairvalue-calculator.com/stock/GSDDE" target="_blank" rel="nofollow noopener" style="display:inline-flex;align-items:center;gap:12px;box-sizing:border-box;font-family:system-ui,-apple-system,Segoe UI,Roboto,sans-serif;text-decoration:none;background:#0f1814;color:#eaf2ed;border:1px solid #2a3a30;border-radius:12px;padding:12px 16px;max-width:360px"><span style="line-height:1.35"><span style="font-size:12px;color:#9fb0a8">GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. · Fair Value</span><br><b style="font-size:20px">21.20 TRY</b> <span style="color:#7BB290;font-weight:700;font-size:14px">+61%</span></span><span style="font-size:11px;color:#7BB290;font-weight:700;margin-left:auto;text-align:right;line-height:1.3">Fair&nbsp;Value<br>Calculator&nbsp;→</span></a>

Cite: Fair Value Calculator (2026). "GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/GSDDE

Peer Group

Marine Shipping · 230 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 53 · Below median

Fair Value upside +61% · Top 25%

Return on equity (TTM) 8% · Above median

Return on assets 3% · Below median

Net margin (TTM) 34% · Top 25%

Operating margin (TTM) 23% · Above median

Revenue growth 19% · Above median

Debt / equity 0.40× · Higher than median

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/E (TTM) 9.6× · Cheaper than median

P/B 0.71× · Cheaper than median

P/S (TTM) 3.23× · Pricier than 75% of peers

P/FCF 0.3× · Cheaper than 75% of peers

EV/EBITDA 7.1× · Pricier than median

PEG 0.68× · 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 100 · sector 28

FUTURE 97 · sector 18

PAST 31 · sector 27

HEALTH 80 · sector 88

DIVIDEND 0 · sector 45

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

Stock	Price	Fair Value	vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS	₹1,828	₹1,041	-43%
A.P. Møller - Mærsk A/S MAERSKA	kr 16,520	kr 3,033	-82%
COSCO SHIPPING Holdings 601919	¥13.98	¥40.37	+189%
Shanghai International Port (Group) Co 600018	¥5.17	¥6.57	+27%
HMM Co 011200	20,050 KRW	33,855 KRW	+69%
Ningbo Zhoushan Port Company 601018	¥3.35	¥5.58	+67%
Qingdao Port International Co 601298	¥8.88	¥15.97	+80%
JSW Infrastructure Limited JSWINFRA	₹330.05	₹126.31	-62%
Wan Hai Lines Ltd 2615	80.70 TWD	212.79 TWD	+164%
Wallenius Wilhelmsen ASA WAWI	kr 137.70	kr 50.56	-63%

Compare GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. with another stock

Price, fair value, quality and upside side by side.

First stock

Second stock

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks Technology Financial Services Healthcare Consumer Cyclical Consumer Defensive Communication Services Industrials Energy Basic Materials Real Estate Utilities Deeply Undervalued Stocks Undervalued Blue-Chip Stocks Undervalued Small-Cap Stocks Undervalued Dividend Stocks

Frequently asked questions

Is GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. (GSDDE) overvalued or undervalued?

As of Aug 8, 2026, our model estimates a fair value of 21.20 TRY versus a price of 13.14 TRY, about +61% (undervalued).

What is the fair value of GSDDE?

Our model-based fair value for GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. is 21.20 TRY (as of Aug 8, 2026), built from audited fundamentals. The current price is 13.14 TRY.

What is the quality score of GSDDE?

GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. has a Quality Score of 53/100. 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 GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. (GSDDE)?

GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. reported trailing-twelve-month revenue of about 611M TRY (latest available figure, as of Aug 8, 2026).

What is the net profit margin of GSDDE?

The net profit margin of GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. is about 33.5%, meaning it keeps roughly 33.5% 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.

14 days Pro free · no card

Track GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.