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Gübre Fabrikalari Türk Anonim Sirketi, (GUBRF) Fair Value & Analysis

Basic Materials · TR · Market cap 149B TRY

GF Gübre Fabrikalari Türk Anonim Sirketi, GUBRF · IS
Price446.25 TRY
Fair Value268.51 TRY
Upside-39.8%
Quality66/100
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Mixed Growth
Solidly profitable · 13.3% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)
Wide moat 71/100
Evidence: Medium Range 201.39 TRY – 335.64 TRY Share as image

Fair value as of: Aug 8, 2026

From 26 valuation models · updated yesterday

Share price +2.9% over the past month.

A solid business, but screening 40% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (335.64 TRY). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

617.50 TRY 47.00 TRY Fair Value 268.51 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 47.00 TRY – 617.50 TRY · fair‑value band 201.39 TRY – 335.64 TRY · the 446.25 TRY price screens above the 268.51 TRY fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Gübre Fabrikalari Türk Anonim Sirketi, (GUBRF) currently trades at 446.25 TRY, while our model-based Fair Value estimate is 268.51 TRY, implying the stock looks roughly 39.8% overvalued today. The Quality Score stands at 66/100 (solid quality), in the Basic Materials 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).

Over the trailing twelve months, Gübre Fabrikalari Türk Anonim Sirketi, generated revenue of 56.7B TRY at a net margin of 13.3%. Revenue grew 23.3% year over year. It earns a return on equity of 20.7%. Net debt stands at 5.6B TRY. Fundamentals as of Aug 8, 2026

Our scenario range runs from 201.39 TRY (bear case) to 335.64 TRY (bull case); at 446.25 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 29% below its 52-week high and 76% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -13% fair-value upside, at -40%, GUBRF 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 342.89 TRY 612.05 TRY 1,156 TRY 80
Residual Income 106.61 TRY 151.02 TRY 730.77 TRY 76
Rev-Margin DCF 350.01 TRY 667.26 TRY 1,273 TRY 74
All 26 models by family
DCF Models
FCF DCF 362.66 TRY 553.48 TRY 1,161 TRY 38
Owner Earnings 271.06 TRY 578.63 TRY 1,224 TRY 31
5Y Revenue Exit 343.60 TRY 587.33 TRY 1,099 TRY 39
5Y EBITDA Exit 383.77 TRY 668.57 TRY 1,228 TRY 41
5Y P/E Exit 299.96 TRY 614.30 TRY 1,039 TRY 38
10Y Revenue Exit 342.51 TRY 749.61 TRY 1,019 TRY 36
10Y EBITDA Exit 384.32 TRY 836.13 TRY 1,629 TRY 37
10Y P/E Exit 323.17 TRY 655.65 TRY 1,195 TRY 35
Earnings-Based
Graham-Dodd 107.41 TRY 749.03 TRY 1,051 TRY 54
Lynch FV 294.66 TRY 420.94 TRY 547.22 TRY 50
PEG = 1.0 294.66 TRY 420.94 TRY 547.22 TRY 46
EPV 294.04 TRY 338.06 TRY 376.57 TRY 59
Dividend Discount
Gordon GGM 0.0300 TRY 0.0600 TRY 0.1000 TRY 70
DDM Multi-Stage 0.0300 TRY 0.0500 TRY 0.0600 TRY 61
Multiples
P/E Multiple 236.92 TRY 315.90 TRY 394.87 TRY 63
P/S Multiple 201.39 TRY 268.51 TRY 335.64 TRY 58
P/B Multiple 200.73 TRY 267.64 TRY 334.55 TRY 55
EV/EBIT 445.89 TRY 584.54 TRY 723.19 TRY 53
EV/EBITDA 377.85 TRY 493.82 TRY 609.78 TRY 54
EV/Revenue 305.01 TRY 422.89 TRY 540.77 TRY 43
Asset-Based
NCAV (Graham) 44.61 TRY 59.77 TRY 89.21 TRY 50
Growth DCF
Growth DCF 342.89 TRY 612.05 TRY 1,156 TRY 80
Rev-Margin DCF 350.01 TRY 667.26 TRY 1,273 TRY 74
Economic Profit
Residual Income 106.61 TRY 151.02 TRY 730.77 TRY 76
ROIC Compounder 355.29 TRY 488.81 TRY 667.53 TRY 72
Growth Earnings
Growth-Adj P/E 365.43 TRY 522.04 TRY 678.65 TRY 68

Widest divergence: DCF Models (614.30 TRY) versus Dividend Discount (0.0500 TRY). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 56.7B TRY
Revenue growth (YoY) +23.3%
Net margin 13.3%
Return on equity 20.7%
Free cash flow 6.6B TRY FY2025
P/E ratio 21.0
More key figures
Operating margin 20.9%
EPS (TTM) 21.29 TRY
EPS growth (YoY) +278%
Net debt 5.6B TRY FY2024

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 66 · Market factors (momentum, volatility) 57

Profitability 53
Margins and returns on capital today
Quality Growth 90
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 76
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

Gübre Fabrikalari Türk Anonim Sirketi, together with its subsidiaries, produces and sells chemical fertilizers in Turkey and internationally.

Full company description

Gübre Fabrikalari Türk Anonim Sirketi, together with its subsidiaries, produces and sells chemical fertilizers in Turkey and internationally. The company offers solid chemical fertilizers; micro granular, crystal and powder form, liquid form, and organic and organomineral liquid fertilizers, as well as biostimulants, auxiliary products, and plant nutrition packages; slow-release fertilizers, such as phosphorus protectant and nitrogen inhibitor fertilizers; organomineral fertilizers; and organic and hobby agriculture fertilizers under the GÜBRETAS brand. It also produces and trades in fertilizer raw materials; and operates and develops gold mines. In addition, the company provides logistics, laboratory, and port services; and technical and general services to the oil, gas and petrochemical industries. It exports its products. The company was founded in 1952 and is headquartered in Istanbul, Turkey. Gübre Fabrikalari Türk Anonim Sirketi is a subsidiary of Agricultural Credit Cooperatives of Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Gübre Fabrikalari Türk Anonim Sirketi, reported revenue of 52.5B TRL in FY2025 versus 10.8B TRL in FY2021, a compound +48.6%/yr. Reported net income was 5.3B TRL in FY2025, compounding +78.2%/yr from FY2021.

Growth Quality 92/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
52.5B TRY
Latest YoY
+31.2%
Avg. growth/yr (3Y)
+27.6%
Avg. growth/yr (5Y)
+57.5%
Avg. growth/yr (25Y)
−25.0%
Revenue +48.6%/yr
FY21 10.8B TRL
FY22 25.3B TRL
FY23 50.8B TRL
FY24 40.0B TRL
FY25 52.5B TRL
Net income +78.2%/yr
FY21 523M TRL
FY22 757M TRL
FY23 −1.7B TRL
FY24 −390M TRL
FY25 5.3B TRL

GUBRF screens 40% overvalued. Compare with Corteva, Inc →

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Cite: Fair Value Calculator (2026). "Gübre Fabrikalari Türk Anonim Sirketi, Fair Value". https://www.fairvalue-calculator.com/stock/GUBRF

Peer Group

Agricultural Inputs · 179 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 66 · Top 25%
Fair Value upside −40% · Below median
Return on equity (TTM) 21% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 21% · Top 25%
Revenue growth 23% · Top 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Agricultural Inputs median · lower = cheaper

P/E (TTM) 21.0× · Pricier than median
P/B 5.00× · Pricier than 75% of peers
P/S (TTM) 2.63× · Pricier than 75% of peers
P/FCF 0.5× · Cheaper than median
EV/EBITDA 10.4× · Pricier than median
PEG 0.60× · 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 21
FUTURE 100 · sector 37
PAST 83 · sector 24
HEALTH 100 · sector 97
DIVIDEND 0 · sector 33

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

Stock Price Fair Value vs Fair Value
Corteva, Inc CTVA $86.07 $27.81 -68%
Nutrien Ltd NTR C$94.23 C$81.69 -13%
Qinghai Salt Lake Industry Co 000792 ¥24.93 ¥21.26 -15%
CF Industries Holdings CF $119.19 $161.00 +35%
SABIC Agri-Nutrients Company 2020 122.90 SAR 127.31 SAR +4%
Yara International ASA YAR kr 451.30 kr 67.25 -85%
Yunnan Yuntianhua Co 600096 ¥30.17 ¥42.12 +40%
Asia-potash International Investment (Guangzhou)Co.,Ltd., 000893 ¥42.59 ¥38.01 -11%
Coromandel International Limited COROMANDEL ₹2,034 ₹1,129 -44%
UPL Limited UPL ₹594.75 ₹387.06 -35%

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Frequently asked questions

Is Gübre Fabrikalari Türk Anonim Sirketi, (GUBRF) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of 268.51 TRY versus a price of 446.25 TRY, about −40% (overvalued).
What is the fair value of GUBRF?
Our model-based fair value for Gübre Fabrikalari Türk Anonim Sirketi, is 268.51 TRY (as of Aug 8, 2026), built from audited fundamentals. The current price is 446.25 TRY.
What is the quality score of GUBRF?
Gübre Fabrikalari Türk Anonim Sirketi, has a Quality Score of 66/100. 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 Gübre Fabrikalari Türk Anonim Sirketi, (GUBRF)?
Gübre Fabrikalari Türk Anonim Sirketi, reported trailing-twelve-month revenue of about 56.7B TRY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of GUBRF?
The net profit margin of Gübre Fabrikalari Türk Anonim Sirketi, is about 13.3%, meaning it keeps roughly 13.3% 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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