Kocaer Celik Sanayi ve Ticaret Anonim Sirketi (KCAER) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of Kocaer Celik Sanayi ve Ticaret Anonim Sirketi TRY 4.20, price TRY 11.20, upside -62.5%, quality 38 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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Kocaer Celik Sanayi ve Ticaret Anonim Sirketi
KCAER · ISWeakest SetupStrongly overvalued and low quality.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
51‑month range 3.02 TRY – 21.83 TRY · fair‑value band 3.15 TRY – 5.25 TRY · the 11.20 TRY price screens above the 4.20 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Company profile
Kocaer Celik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, engages in the production and sale of iron and steel products in Turkey and internationally.
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Kocaer Celik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, engages in the production and sale of iron and steel products in Turkey and internationally. It offers merchant bars, such as equal angle, round, square, T, serrated flat, and flat bars; UB and UC universal beams and columns, W beam, IPE beams, HEA/HEB beams, and IPN profiles; PFC, C, UPN, UAC, CH, and UPE channels; and mining and tunneling steel profiles. The company also provides rasp bars, steel profiles for solar mounting and tracking systems, and underground fortification systems; and window sections. In addition, it is involved in domestic and international logistics activities; production of electricity and steam energy; and foreign trade services. The company serves structural steel, solar energy infrastructure, energy transmission line, mining, tunneling, transportation, machinery manufacturing, agriculture, shipbuilding, and defense industries. Kocaer Celik Sanayi ve Ticaret Anonim Sirketi was incorporated in 1984 and is based in Denizli, Turkey.
Stock analysis
Kocaer Celik Sanayi ve Ticaret Anonim Sirketi, (KCAER) currently trades at 11.20 TRY, while our model-based Fair Value estimate is 4.20 TRY, implying the stock looks roughly 166.7% overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 10.65 TRY per share, and 6 of the 14 models we run sit above the 11.20 TRY price.
Bear case: the Multiples group reads lowest at 4.20 TRY, and 8 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: 3.15 TRY (bear) to 5.25 TRY (bull), the price of 11.20 TRY sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 38/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Kocaer Celik Sanayi ve Ticaret Anonim Sirketi, reported revenue of 24.1B TRY in FY2025 versus 4.2B TRY in FY2021, a compound +54.6%/yr. Reported net income was 473M TRY in FY2025, compounding +37.5%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 29.2B TRY (≈ $598M) · P/E ratio 93.3 · P/S ratio 1.83 · EPS (TTM) 0.1200 TRY · Net margin 2.0% · Return on equity 4.4% · Return on assets (EBIT) 15.1% · Operating margin 6.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at −63%, KCAER screens richer than that median.
Fair Value models
All 14 models by family
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Set up alert →Quality Score breakdown
Of which business quality 40 · Market factors (momentum, volatility) 38
Revenue & earnings trend
KCAER screens 167% overvalued. Compare with Nucor Corporation →
Compare Kocaer Celik Sanayi ve Ticaret Anonim Sirketi, with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Steel · 411 stocks
Valuation Multiplesvs Steel median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Steel stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Nucor Corporation NUE | $247.25 | $116.49 | −53% |
| ArcelorMittal S.A MT | €61.78 | €35.04 | −43% |
| Steel Dynamics, Inc STLD | $233.66 | $127.93 | −45% |
| JSW Steel Limited JSWSTEEL | ₹1,277 | ₹1,095 | −14% |
| Tata Steel Limited TATASTEEL | ₹187.97 | ₹147.10 | −22% |
| Reliance, Inc RS | $387.28 | $211.55 | −45% |
| Baoshan Iron & Steel Co 600019 | ¥5.84 | ¥8.07 | +38% |
| POSCO Holdings PKX | $56.95 | $69.30 | +22% |
| Inner Mongolia Baotou Steel Union Co 600010 | ¥2.09 | ¥0.5300 | −75% |
| Jindal Steel Limited JINDALSTEL | ₹1,165 | ₹516.27 | −56% |
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Key figures of Kocaer Celik Sanayi ve Ticaret Anonim Sirketi,
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