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Inveo Yatirim Holding (INVEO) Fair Value & Analysis

Financial Services · TR · Market cap 7.3B TRY

IY Inveo Yatirim Holding INVEO · IS
Price7.16 TRY
Fair Value8.77 TRY
Upside+22.5%
Quality54/100
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Mixed Growth
Thin margins · 0.0% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/10)
Narrow moat 39/100
Evidence: High Range 6.58 TRY – 10.96 TRY Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated today

Share price −14.0% over the past month.

A solid business, screening 22% undervalued on our models.

What matters now

  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

15.50 TRY 2.41 TRY Fair Value 8.77 TRY Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 2.41 TRY – 15.50 TRY · fair‑value band 6.58 TRY – 10.96 TRY · the 7.16 TRY price screens below the 8.77 TRY fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Inveo Yatirim Holding (INVEO) currently trades at 7.16 TRY, while our model-based Fair Value estimate is 8.77 TRY, implying the stock looks roughly 22.5% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Financial Services 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.

Revenue declined 75.2% year over year. It earns a return on equity of -44.0%. Net debt stands at 2.6B TRY. Fundamentals as of Aug 13, 2026

Our scenario range runs from 6.58 TRY (bear case) to 10.96 TRY (bull case); at 7.16 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 51% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -56% fair-value upside, at 22%, INVEO 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 Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
P/B Multiple 6.58 TRY 8.77 TRY 10.96 TRY 55
NCAV (Graham) 5.16 TRY 6.91 TRY 10.32 TRY 50
All 2 models by family
Multiples
P/B Multiple 6.58 TRY 8.77 TRY 10.96 TRY 55
Asset-Based
NCAV (Graham) 5.16 TRY 6.91 TRY 10.32 TRY 50

Widest divergence: Multiples (8.77 TRY) versus Asset-Based (6.91 TRY). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) −6.3B TRY
Revenue growth (YoY) -75.2%
Return on equity -44.0%
Free cash flow 512M TRY FY2025
P/E ratio 243.3
Operating margin 78.6%
More key figures
EPS (TTM) 0.0300 TRY
EPS growth (YoY) -79.0%
Net debt 2.6B TRY FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 55 · Market factors (momentum, volatility) 27

Profitability 22
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 44
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

Inveo Yatirim Holding A.S. is an investment holding company. It is involved in investments such as capital markets, banking, venture capital, strategic investments and renewable energy. Inveo Yatirim Holding A.S. was founded in 1998 and is based in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Inveo Yatirim Holding reported revenue of 169M TRY in FY2025 versus 166M TRY in FY2021, a compound +0.4%/yr. Reported net income was 29.0M TRY in FY2025, compounding −45.5%/yr from FY2021.

Growth Quality 81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
169M TRY
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+19.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+30.1%
Avg. growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.9%
Revenue +0.4%/yr
FY21 166M TRY
FY22 98.7M TRY
FY23 1.0B TRY
FY24 −1.5B TRY
FY25 169M TRY
Net income −45.5%/yr
FY21 327M TRY
FY22 2.0B TRY
FY23 1.6B TRY
FY24 −1.9B TRY
FY25 29.0M TRY

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Cite: Fair Value Calculator (2026). "Inveo Yatirim Holding Fair Value". https://www.fairvalue-calculator.com/stock/INVEO

Peer Group

Asset Management · 981 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 +23% · Above median
Return on assets -34% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 79% · Above median
Revenue growth -75% · Bottom 25%

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 243.3× · Pricier than 75% of peers
P/FCF 0.3× · 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 63 · sector 36
FUTURE 0 · sector 7
PAST 0 · sector 26
HEALTH 100 · sector 95
DIVIDEND 0 · sector 69

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 Asset Management stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%
HDFC Asset Management Company HDFCAMC ₹2,729 ₹301.41 -89%

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Frequently asked questions

Is Inveo Yatirim Holding (INVEO) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 8.77 TRY versus a price of 7.16 TRY, about +22% (undervalued).
What is the fair value of INVEO?
Our model-based fair value for Inveo Yatirim Holding is 8.77 TRY (as of Aug 13, 2026), built from audited fundamentals. The current price is 7.16 TRY.
What is the quality score of INVEO?
Inveo Yatirim Holding has a Quality Score of 54/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of INVEO?
The net profit margin of Inveo Yatirim Holding 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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