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Logo Yazilim Sanayi ve Ticaret A.S. (LOGO) Fair Value & Analysis

Technology · TR · Market cap 12.7B TRY

LY Logo Yazilim Sanayi ve Ticaret A.S. LOGO · IS
Price133.20 TRY
Fair Value233.60 TRY
Upside+75.4%
Quality66/100
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Healthy Growth
Solidly profitable · 10.4% net margin
Low debt · generates free cash flow
Ranks above peers (10/14)
Wide moat 67/100
Evidence: High Range 175.15 TRY – 628.28 TRY Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated today

Share price −0.7% over the past month.

A solid business, screening 75% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (175.15 TRY). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (175.15 TRY to 628.28 TRY). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

181.20 TRY 28.11 TRY Fair Value 233.60 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 28.11 TRY – 181.20 TRY · fair‑value band 175.15 TRY – 628.28 TRY · the 133.20 TRY price screens below the 233.60 TRY fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Logo Yazilim Sanayi ve Ticaret A.S. (LOGO) currently trades at 133.20 TRY, while our model-based Fair Value estimate is 233.60 TRY, implying the stock looks roughly 75.4% undervalued today. The Quality Score stands at 66/100 (solid quality), in the Technology 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.

Over the trailing twelve months, Logo Yazilim Sanayi ve Ticaret A.S. generated revenue of 6.0B TRY at a net margin of 10.4%. Revenue grew 1.6% year over year. It earns a return on equity of 16.6%. Net debt stands at 20.6M TRY. Fundamentals as of Aug 13, 2026

Our scenario range runs from 175.15 TRY (bear case) to 628.28 TRY (bull case); at 133.20 TRY, the current price sits below 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 29% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at 75%, LOGO 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
Growth DCF 206.08 TRY 396.44 TRY 708.38 TRY 80
Residual Income 122.86 TRY 175.03 TRY 1,974 TRY 76
Rev-Margin DCF 170.01 TRY 288.71 TRY 537.55 TRY 74
All 26 models by family
DCF Models
FCF DCF 218.29 TRY 336.16 TRY 711.47 TRY 38
Owner Earnings 229.48 TRY 505.92 TRY 1,086 TRY 31
5Y Revenue Exit 155.51 TRY 253.91 TRY 459.38 TRY 39
5Y EBITDA Exit 223.39 TRY 391.19 TRY 720.46 TRY 41
5Y P/E Exit 248.00 TRY 549.59 TRY 962.54 TRY 38
10Y Revenue Exit 171.49 TRY 347.46 TRY 455.04 TRY 36
10Y EBITDA Exit 225.88 TRY 493.64 TRY 962.49 TRY 37
10Y P/E Exit 243.83 TRY 546.63 TRY 1,049 TRY 35
Earnings-Based
Graham-Dodd 107.42 TRY 749.13 TRY 1,051 TRY 54
Lynch FV 387.03 TRY 552.90 TRY 718.76 TRY 50
PEG = 1.0 387.03 TRY 552.90 TRY 718.76 TRY 46
EPV 124.13 TRY 142.69 TRY 158.92 TRY 59
Dividend Discount
Gordon GGM 53.53 TRY 111.30 TRY 176.56 TRY 70
DDM Multi-Stage 53.53 TRY 93.85 TRY 116.81 TRY 61
Multiples
P/E Multiple 236.96 TRY 315.94 TRY 394.93 TRY 63
P/S Multiple 114.49 TRY 152.65 TRY 190.81 TRY 58
P/B Multiple 88.48 TRY 117.97 TRY 147.47 TRY 55
EV/EBIT 188.15 TRY 246.61 TRY 305.06 TRY 53
EV/EBITDA 217.16 TRY 285.28 TRY 353.41 TRY 54
EV/Revenue 119.64 TRY 165.44 TRY 211.23 TRY 43
Asset-Based
NCAV (Graham) 19.66 TRY 26.35 TRY 39.32 TRY 50
Growth DCF
Growth DCF 206.08 TRY 396.44 TRY 708.38 TRY 80
Rev-Margin DCF 170.01 TRY 288.71 TRY 537.55 TRY 74
Economic Profit
Residual Income 122.86 TRY 175.03 TRY 1,974 TRY 76
ROIC Compounder 155.23 TRY 227.15 TRY 321.82 TRY 72
Growth Earnings
Growth-Adj P/E 498.71 TRY 712.45 TRY 926.18 TRY 68

Widest divergence: Growth Earnings (712.45 TRY) versus Asset-Based (26.35 TRY). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 6.0B TRY
Revenue growth (YoY) +1.6%
Net margin 10.4%
Return on equity 16.6%
Free cash flow 1.2B TRY FY2025
P/E ratio 18.5
More key figures
Operating margin 26.6%
EPS (TTM) 7.21 TRY
EPS growth (YoY) +1.3%
Net debt 20.6M TRY FY2018

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 68 · Market factors (momentum, volatility) 36

Profitability 90
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 69
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 7
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 84
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

Logo Yazilim Sanayi ve Ticaret A.S. develops and markets software solutions in Turkey and internationally. The company offers enterprise resource planning, payroll and human resources process management, customer relationship management, warehouse management system, field sales management, workflow management, document management, e-transformation, treasury …

Full company description

Logo Yazilim Sanayi ve Ticaret A.S. develops and markets software solutions in Turkey and internationally. The company offers enterprise resource planning, payroll and human resources process management, customer relationship management, warehouse management system, field sales management, workflow management, document management, e-transformation, treasury management, budget management, workflow management, data analysis and reporting, retail merchandising management, logo treasury wizard, payroll management, retail channel management, financial services, and logo ecosystem solutions, as well as B2B software. It also provides digital transformation consultancy, project management and application, custom software development, customization and integration, post-project support, and system management services; license maintenance services; and logo support and support line services. The company serves agricultural products and livestock, automotive and automotive supply, aviation, chemistry, construction, distribution and wholesale trade, e-commerce, education, electrical and electronics, finance and insurance, food and beverage services, food production, glass, cement and soil products, health and sports, machine and machine parts production, media and communication, publishing and broadcasting, metal products, retail trade, telecommunications, textile, apparel and leather production, tourism, entertainment, and hospitality sectors. Logo Yazilim Sanayi ve Ticaret A.S. was founded in 1984 and is headquartered in Gebze, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Logo Yazilim Sanayi ve Ticaret A.S. reported revenue of 5.8B TRL in FY2025 versus 767M TRL in FY2021, a compound +65.8%/yr. Reported net income was 1.5B TRL in FY2025, compounding +54.3%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
5.8B TRY
Latest YoY
+8.5%
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.
+55.5%
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.
+60.5%
Avg. growth/yr (24Y) 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.
−26.5%
Revenue +65.8%/yr
FY21 767M TRL
FY22 1.5B TRL
FY23 3.1B TRL
FY24 5.3B TRL
FY25 5.8B TRL
Net income +54.3%/yr
FY21 265M TRL
FY22 416M TRL
FY23 202M TRL
FY24 461M TRL
FY25 1.5B TRL

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Cite: Fair Value Calculator (2026). "Logo Yazilim Sanayi ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/LOGO

Peer Group

Software - Application · 716 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 66 · Above median
Fair Value upside +75% · Top 25%
Return on equity (TTM) 17% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 10% · Above median
Operating margin (TTM) 27% · Top 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Software - Application median · lower = cheaper

P/E (TTM) 18.5× · Cheaper than median
P/B 3.39× · Pricier than median
P/S (TTM) 2.11× · Pricier than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 9.2× · Cheaper than median

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 100 · sector 0
FUTURE 8 · sector 38
PAST 66 · sector 13
HEALTH 100 · sector 98
DIVIDEND 0 · sector 27

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 Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.69 C$16.26 +28%
Shopify Inc SHOP C$173.23 C$20.54 -88%
Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

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Frequently asked questions

Is Logo Yazilim Sanayi ve Ticaret A.S. (LOGO) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 233.60 TRY versus a price of 133.20 TRY, about +75% (undervalued).
What is the fair value of LOGO?
Our model-based fair value for Logo Yazilim Sanayi ve Ticaret A.S. is 233.60 TRY (as of Aug 13, 2026), built from audited fundamentals. The current price is 133.20 TRY.
What is the quality score of LOGO?
Logo Yazilim Sanayi ve Ticaret A.S. has a Quality Score of 66/100. 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 Logo Yazilim Sanayi ve Ticaret A.S. (LOGO)?
Logo Yazilim Sanayi ve Ticaret A.S. reported trailing-twelve-month revenue of about 6.0B TRY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of LOGO?
The net profit margin of Logo Yazilim Sanayi ve Ticaret A.S. is about 10.4%, meaning it keeps roughly 10.4% 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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