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LDR Turizm A.S. (LIDER) Fair Value & Analysis

Industrials · TR · Market cap 45.1B TRY

LT LDR Turizm A.S. LIDER · IS
Price53.50 TRY
Fair Value37.99 TRY
Upside-29.0%
Quality28/100
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Expensive Growth
Highly profitable · 32.8% net margin
Low debt · negative free cash flow
0.28% dividend yield
Trails peers (3/10)
Moderate moat 47/100
Evidence: Medium Range 28.50 TRY – 47.49 TRY Share as image

Fair value as of: Aug 13, 2026

From 13 valuation models · updated today

Share price −44.6% over the past month.

Below-average quality, and screening another 29% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (47.49 TRY). The favourable scenario is already priced in.
  • Weak quality (28/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (4 years)

150.00 TRY 1.34 TRY Fair Value 37.99 TRY Apr 2022 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

52‑month range 1.34 TRY – 150.00 TRY · fair‑value band 28.50 TRY – 47.49 TRY · the 53.50 TRY price screens above the 37.99 TRY fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

LDR Turizm A.S. (LIDER) currently trades at 53.50 TRY, while our model-based Fair Value estimate is 37.99 TRY, implying the stock looks roughly 29.0% overvalued today. The Quality Score stands at 28/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, LDR Turizm A.S. generated revenue of 1.7B TRY at a net margin of 32.8%. Revenue declined 30.9% year over year. It earns a return on equity of 5.7%. Net debt stands at 1.6B TRY. Fundamentals as of Aug 13, 2026

Our scenario range runs from 28.50 TRY (bear case) to 47.49 TRY (bull case); at 53.50 TRY, the current price sits above 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 65% below its 52-week high and 38% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -21% fair-value upside, at -29%, LIDER screens richer 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
Residual Income 15.42 TRY 22.12 TRY 128.80 TRY 76
Gordon GGM 0.3200 TRY 0.6600 TRY 1.05 TRY 70
Growth-Adj P/E 70.65 TRY 100.93 TRY 131.21 TRY 68
All 13 models by family
DCF Models
Owner Earnings 22.62 TRY 51.48 TRY 112.07 TRY 31
Earnings-Based
Graham-Dodd 15.20 TRY 105.99 TRY 148.74 TRY 54
Lynch FV 53.85 TRY 76.93 TRY 100.01 TRY 50
PEG = 1.0 53.85 TRY 76.93 TRY 100.01 TRY 46
Dividend Discount
Gordon GGM 0.3200 TRY 0.6600 TRY 1.05 TRY 70
DDM Multi-Stage 0.3200 TRY 0.5600 TRY 0.6900 TRY 61
Multiples
P/E Multiple 35.20 TRY 46.93 TRY 58.67 TRY 63
P/S Multiple 3.77 TRY 5.03 TRY 6.29 TRY 58
P/B Multiple 28.50 TRY 37.99 TRY 47.49 TRY 55
EV/EBITDA 5.46 TRY 7.28 TRY 9.10 TRY 54
Asset-Based
NCAV (Graham) 5.76 TRY 7.72 TRY 11.53 TRY 50
Economic Profit
Residual Income 15.42 TRY 22.12 TRY 128.80 TRY 76
Growth Earnings
Growth-Adj P/E 70.65 TRY 100.93 TRY 131.21 TRY 68

Widest divergence: Growth Earnings (100.93 TRY) versus Dividend Discount (0.5600 TRY). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.7B TRY
Revenue growth (YoY) -30.9%
Net margin 32.8%
Return on equity 5.7%
Free cash flow −1.2B TRY FY2025
P/E ratio 9.1
More key figures
Operating margin 3.7%
EPS (TTM) 6.11 TRY
Dividend yield 0.3%
EPS growth (YoY) +1,443%
Net debt 1.6B TRY FY2025

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

Quality Score breakdown

Overall quality 28/100

Of which business quality 32 · Market factors (momentum, volatility) 38

Profitability 50
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 0
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

LDR Turizm A.S. provides long term vehicle rental services in Turkey. It offers professional and roadside assistance, replacement vehicles, maintenance and repair, inspections, tire management, penalty management, valet, and insurance services, as well as sells second hand cars. The company was incorporated in 2010 and is headquartered in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LDR Turizm A.S. reported revenue of 2.0B TRY in FY2025 versus 476M TRY in FY2021, a compound +44.0%/yr. Reported net income was 1.8B TRY in FY2025, compounding +89.8%/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)
2.0B TRY
Latest YoY
−30.8%
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.
+42.1%
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.
+41.1%
Avg. growth/yr (6Y) 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.
+41.5%
Revenue +44.0%/yr
FY21 476M TRY
FY22 713M TRY
FY23 2.6B TRY
FY24 3.0B TRY
FY25 2.0B TRY
Net income +89.8%/yr
FY21 140M TRY
FY22 502M TRY
FY23 877M TRY
FY24 993M TRY
FY25 1.8B TRY

LIDER screens 29% overvalued. Compare with United Rentals, Inc →

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Cite: Fair Value Calculator (2026). "LDR Turizm A.S. Fair Value". https://www.fairvalue-calculator.com/stock/LIDER

Peer Group

Rental & Leasing Services · 97 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 28 · Bottom 25%
Fair Value upside −29% · Below median
Return on equity (TTM) 6% · Below median
Return on assets -0% · Bottom 25%
Net margin (TTM) 33% · Top 25%
Operating margin (TTM) 4% · Below median
Revenue growth -31% · Bottom 25%
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Rental & Leasing Services median · lower = cheaper

P/E (TTM) 9.1× · 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 0 · sector 46
FUTURE 0 · sector 16
PAST 23 · sector 26
HEALTH 96 · sector 70
DIVIDEND 6 · sector 32

VALUE 0: the price sits above our fair-value range.

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 Rental & Leasing Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
United Rentals, Inc URI $1,045 $449.86 -57%
Sunbelt Rentals Holdings SUNB $73.41 $65.76 -10%
AerCap Holdings AER $146.97 $301.51 +105%
U-Haul Holding UHAL $67.35 $7.21 -89%
Ryder System, Inc R $273.06 $111.57 -59%
Ayvens AYV €11.57 €24.73 +114%
Localiza Rent a Car S.A RENT3 R$40.35 R$37.01 -8%
Element Fleet Management Corp EFN C$29.83 C$15.06 -50%
BOC Aviation Limited 2588 HK$77.40 HK$18.61 -76%
GATX Corporation GATX $178.48 $140.90 -21%

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Frequently asked questions

Is LDR Turizm A.S. (LIDER) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 37.99 TRY versus a price of 53.50 TRY, about −29% (overvalued).
What is the fair value of LIDER?
Our model-based fair value for LDR Turizm A.S. is 37.99 TRY (as of Aug 13, 2026), built from audited fundamentals. The current price is 53.50 TRY.
What is the quality score of LIDER?
LDR Turizm A.S. has a Quality Score of 28/100. 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 revenue of LDR Turizm A.S. (LIDER)?
LDR Turizm A.S. reported trailing-twelve-month revenue of about 1.7B TRY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of LIDER?
The net profit margin of LDR Turizm A.S. is about 32.8%, meaning it keeps roughly 32.8% of revenue as net income. Based on the latest reported figures.
Does LDR Turizm A.S. pay a dividend?
LDR Turizm A.S. currently shows a dividend yield of about 0.28% relative to its recent price (as of Aug 13, 2026).

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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