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HKTM Fair Value & Analysis

Industrials · TR · Market cap 1.2B TRY

H HKTM HKTM · IS
Price11.09 TRY
Fair Value11.31 TRY
Upside+2.0%
Quality24/100
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Expensive Growth
Loss-making · -16.5% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 8/100
Evidence: Low Range 7.64 TRY – 14.97 TRY Share as image

Fair value as of: Aug 8, 2026

From 6 valuation models · updated yesterday

Share price +6.5% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (7.64 TRY to 14.97 TRY) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (4 years)

37.15 TRY 4.02 TRY Fair Value 11.31 TRY Aug 2022 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

48‑month range 4.02 TRY – 37.15 TRY · fair‑value band 7.64 TRY – 14.97 TRY · the 11.09 TRY price screens below the 11.31 TRY fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

HKTM (HKTM) currently trades at 11.09 TRY, while our model-based Fair Value estimate is 11.31 TRY, implying the stock looks roughly 2.0% fairly valued today. The Quality Score stands at 24/100 (below-average 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: low), always confirm before acting.

Over the trailing twelve months, HKTM generated revenue of 833M TRY at a net margin of -16.5%. Revenue grew 21.9% year over year. It earns a return on equity of -14.2%. Net debt stands at 352M TRY. Fundamentals as of Aug 8, 2026

Our scenario range runs from 7.64 TRY (bear case) to 14.97 TRY (bull case); at 11.09 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 36% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 2%, HKTM 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
ROIC Compounder 4.69 TRY 5.43 TRY 6.05 TRY 72
EPV 4.69 TRY 5.43 TRY 6.05 TRY 59
EV/EBITDA 13.23 TRY 17.90 TRY 22.56 TRY 54
All 6 models by family
Earnings-Based
EPV 4.69 TRY 5.43 TRY 6.05 TRY 59
Multiples
EV/EBIT 10.88 TRY 14.75 TRY 18.63 TRY 53
EV/EBITDA 13.23 TRY 17.90 TRY 22.56 TRY 54
EV/Revenue 7.08 TRY 10.44 TRY 13.81 TRY 43
Asset-Based
NCAV (Graham) 4.70 TRY 6.30 TRY 9.40 TRY 50
Economic Profit
ROIC Compounder 4.69 TRY 5.43 TRY 6.05 TRY 72

Widest divergence: Multiples (14.75 TRY) versus Earnings-Based (5.43 TRY). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Revenue (TTM) 833M TRY
Revenue growth (YoY) +21.9%
Net margin -16.5%
Return on equity -14.2%
Free cash flow −202M TRY FY2025
Operating margin -1.0%
More key figures
EPS (TTM) -1.31 TRY
EPS growth (YoY) -73.1%
Net debt 352M TRY FY2025

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

Quality Score breakdown

Overall quality 24/100

Of which business quality 26 · Market factors (momentum, volatility) 29

Profitability 9
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 32
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 15
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

Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S. provides engineering services in Turkey. It offers a range of services on robotics systems comprising system design and manufacture of the elements forming the systems, such as reducers, parts processing and cutting solutions, special solutions, palletizing, bonding lines, and food and …

Full company description

Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S. provides engineering services in Turkey. It offers a range of services on robotics systems comprising system design and manufacture of the elements forming the systems, such as reducers, parts processing and cutting solutions, special solutions, palletizing, bonding lines, and food and transportation packaging applications. The company also provides automation products, including MFDC resistance welding applications, PLC automation systems, servo motor drive system and maintenance solutions, pneumatic products, resistance welding systems, screwing and tightening systems, sensors, and radio frequency identification and fieldbus solutions; and mechanical products, which include silicone dosing systems, lubrication systems, power transmission systems, safety lock systems, assembly systems, and linear motion systems. In addition, it offers assembly lines, linear modules, mega cartesian robots, electrical cylinders, and solutions for motion control applications; hydraulic systems, automation panels, servo variable displacement pump drive systems, hydraulic cylinders, valve control blocks, hydraulic power units, hydromechanics systems department, test systems, filtration and circulation groups, battery - nitrogen stands, load platforms, MFDC resistance welding, and special hydraulic presses, as well as offers special solutions. Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S. was founded in 1985 and is based in Gebze, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

HKTM reported revenue of 794M TRY in FY2025 versus 182M TRY in FY2021, a compound +44.6%/yr. Reported net income was −118M TRY in FY2025.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
794M TRY
Latest YoY
−10.3%
Avg. growth/yr (3Y)
+14.7%
Avg. growth/yr (5Y)
+43.8%
Revenue +44.6%/yr
FY21 182M TRY
FY22 526M TRY
FY23 878M TRY
FY24 885M TRY
FY25 794M TRY
Net income
FY21 41.6M TRY
FY22 −51.9M TRY
FY23 −38.7M TRY
FY24 −165M TRY
FY25 −118M TRY

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Cite: Fair Value Calculator (2026). "HKTM Fair Value". https://www.fairvalue-calculator.com/stock/HKTM

Peer Group

Specialty Industrial Machinery · 810 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 24 · Bottom 25%
Fair Value upside +2% · Top 25%
Return on assets 2% · Below median
Net margin (TTM) -16% · Bottom 25%
Operating margin (TTM) -1% · Bottom 25%
Revenue growth 22% · Top 25%
Debt / equity 0.15× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/S (TTM) 0.03× · Cheaper than 75% of peers
EV/EBITDA 1.3× · 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 36 · sector 0
FUTURE 100 · sector 23
PAST 0 · sector 28
HEALTH 92 · sector 96
DIVIDEND 0 · sector 24

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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is HKTM overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of 11.31 TRY versus a price of 11.09 TRY, about +2% (fairly valued).
What is the fair value of HKTM?
Our model-based fair value for HKTM is 11.31 TRY (as of Aug 8, 2026), built from audited fundamentals. The current price is 11.09 TRY.
What is the quality score of HKTM?
HKTM has a Quality Score of 24/100. 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 HKTM?
HKTM reported trailing-twelve-month revenue of about 833M TRY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of HKTM?
The net profit margin of HKTM is about -16.5%, meaning it is currently running at a net loss. 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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