Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi (MEKAG) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi TRY 6.44, price TRY 2.22, upside +190.1%, quality 55 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi
MEKAG · ISClearly undervaluedStrong Fair Value upside, but quality is only moderate.
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
35‑month range 2.15 TRY – 7.95 TRY · fair‑value band 4.52 TRY – 8.81 TRY · the 2.22 TRY price screens below the 6.44 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
Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi manufactures and sells crushing and screening equipment, and concrete batching plants in Turkey and internationally.
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Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi manufactures and sells crushing and screening equipment, and concrete batching plants in Turkey and internationally. It offers stationary, mobile, compact, precast, dry batch, and RCC concrete batching plants; single and twin shaft and planetary concrete mixers; cement silos, fiber feeding-dosing systems, concrete recycling systems, and mobile aggregate feeding conveyors; concrete batching plant automation systems; and after sales services and spare parts. The company also provides feeders, such as apron, wobbler, pan feeder with grizzly scalper, vibrating, grizzly, and belt feeders; crushers, including jaw, primary, secondary, tertiary impact, vertical shaft, cone, and hammer crushers; horizontal, inclined, grizzly, dewatering, and scalping screens; log, coarse, material, fine material, and compact sand plants washers; belt conveyors; and plant automation systems. In addition, it offers mobile solutions, which includes portable screens, wash plants, jaw and cone crushers, two-stage plants, and horizontal and vertical shaft impact crushers; and recycling technologies comprising construction and demolition waste recycling, slag recycling for metal recovery, ceramic waste recycling, and quarry waste recycling. The company serves aggregates and concrete industries. The company was formerly known as Meka Beton Santralleri Imalat Sanayi ve Ticaret A.S. and changed its name to Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi in November 2025. The company was incorporated in 1987 and is headquartered in Ankara, Turkey.
Stock analysis
Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi (MEKAG) currently trades at 2.22 TRY, while our model-based Fair Value estimate is 6.44 TRY, implying the stock looks roughly 65.5% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 10.96 TRY per share, and 8 of the 10 models we run sit above the 2.22 TRY price.
Bear case: the Multiples group reads lowest at 1.12 TRY, and 2 of the 10 models stay below the price. Evidence for this calculation is low.
Scenario range: 4.52 TRY (bear) to 8.81 TRY (bull), the price of 2.22 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 55/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi reported revenue of 2.9B TRY in FY2025 versus 354M TRY in FY2021, a compound +68.9%/yr. Reported net income was −59.8M TRY in FY2025.
Key figures
Market cap 2.3B TRY (≈ $47.9M) · P/S ratio 0.88 · EPS (TTM) −0.1500 TRY · Net margin −2.1% · Return on equity −8.5% · Return on assets (EBIT) 7.5% · Operating margin −4.5% · Revenue (TTM) 2.7B TRY.
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 72% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −46% fair-value upside, at 190%, MEKAG screens cheaper than that median.
Fair Value models
All 10 models by family
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Set up alert →Quality Score breakdown
Of which business quality 62 · Market factors (momentum, volatility) 16
Revenue & earnings trend
Growth Forecast
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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.Building Materials · 258 stocks
Valuation Multiplesvs Building Materials median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Building Materials stocks, each showing price versus our Fair Value estimate.
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| UltraTech Cement Limited ULTRACEMCO | ₹11,155 | ₹4,719 | −58% |
| Vulcan Materials Company VMC | $245.00 | $131.66 | −46% |
| China Jushi Co 600176 | ¥43.06 | ¥28.26 | −34% |
| Grasim Industries Limited GRASIM | ₹3,191 | ₹1,245 | −61% |
| Amrize AG AMRZ | $38.22 | $35.08 | −8% |
| CEMEX, S.A. CX | $9.71 | $25.27 | +160% |
| James Hardie Industries plc JHX | A$36.98 | A$8.06 | −78% |
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Key figures of Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi
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