Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL) fair value: what the stock is really worth
As of Nov 13, 2026: fair value (intrinsic value) of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. stock TRY 16.95, price TRY 5.65, upside +200.0%, quality 49 out of 100. Rating: strongly undervalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 14, 2026.
How to read this chart
60‑month range 1.27 TRY – 17.76 TRY · fair‑value band 11.87 TRY – 22.04 TRY · the 5.65 TRY price screens below the 16.95 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 14, 2026.
Follow Kristal Kola ve Mesrubat Sanayi Ticaret A.S. in your weekly email
Every Wednesday you see whether Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Kristal Kola ve Mesrubat Sanayi Ticaret A.S. engages in the production and sale of pet bottles used in the cola and soft drinks in Turkey and internationally. The company offers sodad beverages, carbonated drinks, spring waters, non-carbonated beverages, mineral waters, energy drinks, and Balsa soda.
Show moreShow less
It distributes and markets its products through a distributor company under the Kristal, CHAT COLA, HOT LINE, Balsa, and Rival brand names. Kristal Kola ve Mesrubat Sanayi Ticaret A.S. was founded in 1994 and is based in Istanbul, Turkey.
Stock analysis
Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL) currently trades at 5.65 TRY, while our model-based Fair Value estimate is 16.95 TRY, implying the stock looks roughly 67% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 26.26 TRY per share, and 14 of the 14 models we run sit above the 5.65 TRY price.
Bear case: the Asset-Based group reads lowest at 6.04 TRY, and 0 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: 11.87 TRY (bear) to 22.04 TRY (bull), the price of 5.65 TRY sits below 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 49/100 (below-average quality), in the Consumer Defensive sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Kristal Kola ve Mesrubat Sanayi Ticaret A.S. reported revenue of 3.2B TRY in FY2025 versus 256M TRY in FY2021, a compound +88.5%/yr. Reported net income was 252M TRY in FY2025, compounding +120.9%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 1.1B TRY (≈ $21.5M) Micro · P/E ratio 3.2 · P/S ratio 0.32 · EPS (TTM) 1.77 TRY · Net margin 9.3% · Return on equity 16.7% · Return on assets (EBIT) 9.9% (5-year average) · Operating margin 10.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 56 out of 100 (low confidence).
What moves the price
The share trades about 54% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −22% fair-value upside, at 200%, KRSTL screens cheaper than that median.
Fair Value models
Bear11.87 TRYFair Value 16.95 TRYBull22.04 TRY
Price 5.65 TRY · Upside +200.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (1.54 TRY per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+1.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+63.1%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+75.8%
Start year 2020 (pandemic). Over 10 years: +44.4% a year
Revenue growth 17 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+31.9%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in TRY (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in TRY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+97.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+97.0%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 12%
2025 sits 118% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Compare Kristal Kola ve Mesrubat Sanayi Ticaret A.S. with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Beverages - Non-Alcoholic · 89 stocks
Beats the industry median on 8/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside+200.0% · Top 25%
Profitability
Return on equity (12 months)16.7% · Above median
Return on assets10.3% · Above median
Net margin (12 months)9.3% · Above median
Operating margin (12 months)10.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)1.6% · Below median
Valuation Multiplesvs Beverages - Non-Alcoholic median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Kristal Kola ve Mesrubat Sanayi Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/KRSTL
Frequently asked questions
Is Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL) overvalued or undervalued?
As of Nov 14, 2026, our model estimates a fair value of 16.95 TRY versus a price of 5.65 TRY, about +200% upside (undervalued).
What is the fair value of KRSTL?
Our model-based fair value for Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is 16.95 TRY (as of Nov 14, 2026), built from audited fundamentals. The current price: 5.65 TRY.
What is the quality score of KRSTL?
Kristal Kola ve Mesrubat Sanayi Ticaret A.S. has a Quality Score of 49/100. 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 price target for Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
Our model-based price target is the fair value of 16.95 TRY (as of Nov 14, 2026) from 14 valuation models. Cautious scenario 11.87 TRY, optimistic scenario 22.04 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Kristal Kola ve Mesrubat Sanayi Ticaret A.S. stock forecast for 2026?
Our models put fair value at 16.95 TRY, about +200% upside versus a price of 5.65 TRY (undervalued). Cautious scenario 11.87 TRY, optimistic scenario 22.04 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
Kristal Kola ve Mesrubat Sanayi Ticaret A.S. reported trailing-twelve-month revenue of about 3.4B TRY (latest available figure, as of Nov 14, 2026).
What is the intrinsic value of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kristal Kola ve Mesrubat Sanayi Ticaret A.S. it is 16.95 TRY per share (as of Nov 14, 2026), against a price of 5.65 TRY. It is the blended result of 14 valuation models in 5 families (Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Kristal Kola ve Mesrubat Sanayi Ticaret A.S. stock overvalued or undervalued in 2026?
As of Nov 14, 2026, KRSTL trades below its calculated fair value: price 5.65 TRY, fair value 16.95 TRY, a gap of about +200% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of KRSTL?
No. The price is what the market pays today (5.65 TRY); the fair value is what the company's own numbers justify (16.95 TRY). For Kristal Kola ve Mesrubat Sanayi Ticaret A.S. the two are 11.30 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Kristal Kola ve Mesrubat Sanayi Ticaret A.S. worth?
The market values Kristal Kola ve Mesrubat Sanayi Ticaret A.S. at about 1.1B TRY (market capitalisation, as of Nov 14, 2026). Per share that is 5.65 TRY; our models calculate a fair value of 16.95 TRY per share.
What do the bullish and bearish scenarios say about KRSTL?
Our models span a range for Kristal Kola ve Mesrubat Sanayi Ticaret A.S.: cautious scenario 11.87 TRY, base 16.95 TRY, optimistic 22.04 TRY per share (as of Nov 14, 2026, price 5.65 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KRSTL?
Kristal Kola ve Mesrubat Sanayi Ticaret A.S. trades at a price-to-earnings ratio of 3.2 (as of Nov 14, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 16.95 TRY is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2017 to 2025), reported earnings: 35.6. Other multiples: P/B 0.6, P/S 0.3, EV/EBITDA 2.2.
How solid is the balance sheet of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
Balance-sheet figures for Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (as of Nov 14, 2026): return on equity 16.7%. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is KRSTL from its 52-week high?
Kristal Kola ve Mesrubat Sanayi Ticaret A.S. trades at 5.65 TRY, about 54% below its 52-week high of 12.40 TRY and 1% above the low of 5.60 TRY (as of Nov 13, 2026). Distance from the high says nothing about value: that is what the fair value of 16.95 TRY is for.
Which stocks are comparable to Kristal Kola ve Mesrubat Sanayi Ticaret A.S.?
From the same area (Consumer Defensive) we also value The Coca-Cola Company, PepsiCo, Inc, Monster Beverage Corporation, Nongfu Spring Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Kristal Kola ve Mesrubat Sanayi Ticaret A.S. stock attractive at the current price?
The data as of Nov 14, 2026: price 5.65 TRY, calculated fair value 16.95 TRY (+200%), Quality Score 49/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of KRSTL calculated?
We run Kristal Kola ve Mesrubat Sanayi Ticaret A.S. through 14 models from 5 families: Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 16.95 TRY builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.9% above its aggregate fair value. Kristal Kola ve Mesrubat Sanayi Ticaret A.S. currently trades 67% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
The closing price on Nov 13, 2026 was 5.65 TRY. Our model-based fair value is 16.95 TRY, about +200% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kristal Kola ve Mesrubat Sanayi Ticaret A.S. right now?
The large discount to fair value meets weak quality (49/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (11.87 TRY). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (11.87 TRY to 22.04 TRY) leaves room in how you read the outcome.
Key figures of Kristal Kola ve Mesrubat Sanayi Ticaret A.S.
How large is the market capitalisation of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
The market capitalisation of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is 1.1B TRY (≈ $21.5M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
The price-to-sales ratio of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is 0.32 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
Earnings per share at Kristal Kola ve Mesrubat Sanayi Ticaret A.S. are 1.77 TRY (price ÷ EPS = P/E 3.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
The net margin of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is 9.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
The return on equity (ROE) of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is 16.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
On an EBIT basis the return on assets of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is 9.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
The operating margin of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is 10.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
Revenue at Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is growing +1.6% versus a year earlier (3y avg +63.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL)?
Earnings per share at Kristal Kola ve Mesrubat Sanayi Ticaret A.S. are growing +33.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL) generate?
The free cash flow of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is −149M TRY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Kristal Kola ve Mesrubat Sanayi Ticaret A.S. (KRSTL) carry?
The net debt of Kristal Kola ve Mesrubat Sanayi Ticaret A.S. is 48.0M TRY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Kristal Kola ve Mesrubat Sanayi Ticaret A.S. in the live analysis
One click puts Kristal Kola ve Mesrubat Sanayi Ticaret A.S. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 14, 2026