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Galata Wind Enerji A.S., (GWIND) Fair Value & Analysis

Utilities · TR · Market cap 12.9B TRY

GW Galata Wind Enerji A.S., GWIND · IS
Price23.96 TRY
Fair Value26.62 TRY
Upside+11.1%
Quality45/100
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Expensive Growth
Highly profitable · 28.7% net margin
Low debt · negative free cash flow
Ranks above peers (10/13)
Wide moat 68/100
Evidence: High Range 19.96 TRY – 33.27 TRY Share as image

Fair value as of: Aug 8, 2026

From 17 valuation models · updated yesterday

Share price +0.1% over the past month.

Below-average quality, screening 11% undervalued on our models.

What matters now

  • Our model range runs from 19.96 TRY (bear) to 33.27 TRY (bull), base 26.62 TRY. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 45/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

35.06 TRY 2.85 TRY Fair Value 26.62 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 2.85 TRY – 35.06 TRY · fair‑value band 19.96 TRY – 33.27 TRY · the 23.96 TRY price screens below the 26.62 TRY fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Galata Wind Enerji A.S., (GWIND) currently trades at 23.96 TRY, while our model-based Fair Value estimate is 26.62 TRY, implying the stock looks roughly 11.1% undervalued today. The Quality Score stands at 45/100 (below-average quality), in the Utilities 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, Galata Wind Enerji A.S., generated revenue of 2.9B TRY at a net margin of 28.7%. Revenue declined 5.0% year over year. It earns a return on equity of 6.1%. Net debt stands at 2.0B TRY. Fundamentals as of Aug 8, 2026

Our scenario range runs from 19.96 TRY (bear case) to 33.27 TRY (bull case); at 23.96 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 29% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at 11%, GWIND 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 20.70 TRY 21.42 TRY 21.76 TRY 76
ROIC Compounder 14.13 TRY 16.88 TRY 19.29 TRY 72
Gordon GGM 6.79 TRY 14.12 TRY 22.41 TRY 70
All 17 models by family
DCF Models
Owner Earnings 0.2500 TRY 3.60 TRY 10.64 TRY 31
Earnings-Based
Graham-Dodd 10.65 TRY 74.24 TRY 104.19 TRY 54
Lynch FV 36.75 TRY 52.49 TRY 68.24 TRY 50
PEG = 1.0 36.75 TRY 52.49 TRY 68.24 TRY 46
EPV 14.13 TRY 16.88 TRY 19.29 TRY 59
Dividend Discount
Gordon GGM 6.79 TRY 14.12 TRY 22.41 TRY 70
DDM Multi-Stage 6.79 TRY 11.91 TRY 14.82 TRY 61
Multiples
P/E Multiple 23.48 TRY 31.31 TRY 39.14 TRY 63
P/S Multiple 10.21 TRY 13.61 TRY 17.01 TRY 58
P/B Multiple 19.96 TRY 26.62 TRY 33.27 TRY 55
EV/EBIT 23.62 TRY 32.29 TRY 40.96 TRY 53
EV/EBITDA 33.80 TRY 45.86 TRY 57.92 TRY 54
EV/Revenue 7.15 TRY 11.23 TRY 15.32 TRY 43
Asset-Based
NCAV (Graham) 13.08 TRY 17.53 TRY 26.17 TRY 50
Economic Profit
Residual Income 20.70 TRY 21.42 TRY 21.76 TRY 76
ROIC Compounder 14.13 TRY 16.88 TRY 19.29 TRY 72
Growth Earnings
Growth-Adj P/E 47.72 TRY 68.17 TRY 88.62 TRY 68

Widest divergence: Growth Earnings (68.17 TRY) versus DCF Models (3.60 TRY). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.9B TRY
Revenue growth (YoY) -5.0%
Net margin 28.7%
Return on equity 6.1%
Free cash flow −71.1M TRY FY2025
P/E ratio 15.5
More key figures
Operating margin 37.5%
EPS (TTM) 1.55 TRY
EPS growth (YoY) -6.2%
Net debt 2.0B TRY FY2025

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 47 · Market factors (momentum, volatility) 40

Profitability 37
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 71
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 80
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

Galata Wind Enerji A.S., together with its subsidiaries, engages in generation and sale of electricity from renewable energy in Turkey. The company operates three wind power plants and three solar power plants with a total capacity of approximately 297.2 MW.

Full company description

Galata Wind Enerji A.S., together with its subsidiaries, engages in generation and sale of electricity from renewable energy in Turkey. The company operates three wind power plants and three solar power plants with a total capacity of approximately 297.2 MW. It also installs systems for the generation of energy from solar radiation; constructs, commissions, and leases facilities for the generation of electrical energy; and develops projects in Europe. The company was formerly known as GY Enerji Danismanlik Poje Muhendislik Uretim, Ticaret ve Sanayi Limited Sirketi and changed its name to Galata Wind Enerji A.S. in January 2012. The company was incorporated in 2006 and is headquartered in Istanbul, Turkey. Galata Wind Enerji A.S. is a subsidiary of Dogan Sirketler Grubu Holding A.S.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Galata Wind Enerji A.S., reported revenue of 2.9B TRY in FY2025 versus 540M TRY in FY2021, a compound +52.7%/yr. Reported net income was 845M TRY in FY2025, compounding +49.1%/yr from FY2021.

Growth Quality 51/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.9B TRY
Latest YoY
−5.0%
Avg. growth/yr (3Y)
+35.3%
Avg. growth/yr (5Y)
+54.6%
Avg. growth/yr (7Y)
+23.5%
Revenue +52.7%/yr
FY21 540M TRY
FY22 1.2B TRY
FY23 2.7B TRY
FY24 3.1B TRY
FY25 2.9B TRY
Net income +49.1%/yr
FY21 171M TRY
FY22 1.0B TRY
FY23 900M TRY
FY24 1.1B TRY
FY25 845M TRY

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Cite: Fair Value Calculator (2026). "Galata Wind Enerji A.S., Fair Value". https://www.fairvalue-calculator.com/stock/GWIND

Peer Group

Utilities - Renewable · 219 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 · Above median
Fair Value upside +11% · Above median
Return on equity (TTM) 6% · Above median
Return on assets 3% · Above median
Net margin (TTM) 29% · Top 25%
Operating margin (TTM) 38% · Top 25%
Revenue growth -5% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.18× · Lower than median

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/E (TTM) 15.5× · Cheaper than median
P/B 0.92× · Cheaper than median
P/S (TTM) 4.46× · Pricier than median
EV/EBITDA 7.4× · 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 48 · sector 16
FUTURE 0 · sector 0
PAST 24 · sector 12
HEALTH 91 · sector 68
DIVIDEND 0 · sector 50

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 Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is Galata Wind Enerji A.S., (GWIND) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of 26.62 TRY versus a price of 23.96 TRY, about +11% (undervalued).
What is the fair value of GWIND?
Our model-based fair value for Galata Wind Enerji A.S., is 26.62 TRY (as of Aug 8, 2026), built from audited fundamentals. The current price is 23.96 TRY.
What is the quality score of GWIND?
Galata Wind Enerji A.S., has a Quality Score of 45/100. 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 Galata Wind Enerji A.S., (GWIND)?
Galata Wind Enerji A.S., reported trailing-twelve-month revenue of about 2.9B TRY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of GWIND?
The net profit margin of Galata Wind Enerji A.S., is about 28.7%, meaning it keeps roughly 28.7% 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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