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Nigbas Nigde Beton Sanayi Ve Ticaret A.S. (NIBAS) Fair Value & Analysis

Industrials · TR · Market cap 1.2B TRY

NN Nigbas Nigde Beton Sanayi Ve Ticaret A.S. NIBAS · IS
Price3.80 TRY
Fair Value2.85 TRY
Upside-25.0%
Quality23/100
Expensive Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/11)
Narrow moat 4/100
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Evidence: Medium Range 1.90 TRY – 3.80 TRY Share as image

Fair value as of: Aug 1, 2026

From 8 valuation models · updated today

Share price −10.8% over the past month.

What matters now

  • Weak quality (23/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (1.90 TRY to 3.80 TRY) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

11.25 TRY 3.40 TRY Fair Value 2.85 TRY Aug 2025 Jul 2026

12‑month range 3.40 TRY – 11.25 TRY · fair‑value band 1.90 TRY – 3.80 TRY · the 3.80 TRY price screens above the 2.85 TRY fair value. As of Aug 1, 2026.

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Analysis

Nigbas Nigde Beton Sanayi Ve Ticaret A.S. (NIBAS) currently trades at 3.80 TRY, while our model-based Fair Value estimate is 2.85 TRY, implying the stock looks roughly 25.0% overvalued today. We read business quality at 23/100 (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).

Trailing-twelve-month revenue stands at 113M TRY. Revenue grew 71.7% year over year. It earns a return on equity of -72.5%. Fundamentals as of Aug 1, 2026

Our scenario range runs from 1.90 TRY (bear case) to 3.80 TRY (bull case); at 3.80 TRY, the current price sits within that range. The share trades about 67% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -42% fair-value upside, at -25%, NIBAS screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 113M TRY
Revenue growth (YoY) +71.7%
Return on equity -72.5%
Free cash flow −136M TRY FY2025
Operating margin -11.6%
EPS (TTM) -1.26 TRY
More key figures
EPS growth (YoY) +164%
Net debt 625K TRY FY2024

Figures from reported company fundamentals · as of Aug 1, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 23/100
Profitability 4
Quality Growth 76
Cashflow 0
Fin. Strength 63
Investment 3
Low Volatility 50
Momentum 20
52W Momentum 3
Net Issuance 40

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

Nigbas Nigde Beton Sanayi Ve Ticaret A.S. engages in the production and sale of prefabricated concrete products, concrete poles, and reinforced concrete structural elements in Turkey. The company offers precast elements for building applications; and construction chemicals.

Full company description

Nigbas Nigde Beton Sanayi Ve Ticaret A.S. engages in the production and sale of prefabricated concrete products, concrete poles, and reinforced concrete structural elements in Turkey. The company offers precast elements for building applications; and construction chemicals. It also provides granite, marble, ceramic, tile, brick, polystyrene insulation board, adhesive mortars, joint filler mortars, aerated concrete and bricklaying mortars, ready-made plaster, insulation plaster, and concrete repair mortars; single and double-component waterproofing materials; and aerated concrete, insulation plaster, and hydraulic liming-based construction chemicals. Nigbas Nigde Beton Sanayi Ve Ticaret A.S. was incorporated in 1969 and is based in Nigde, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nigbas Nigde Beton Sanayi Ve Ticaret A.S. reported revenue of 105M TRY in FY2025 versus 44.8M TRY in FY2021, a compound +23.7%/yr. Reported net income was −400M TRY in FY2025.

Revenue +23.7%/yr
FY21 44.8M TRY
FY22 62.6M TRY
FY23 81.4M TRY
FY24 88.7M TRY
FY25 105M TRY
Net income
FY21 29.6M TRY
FY22 93.1M TRY
FY23 51.5M TRY
FY24 −25.1M TRY
FY25 −400M TRY

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Cite: Fair Value Calculator (2026). "Nigbas Nigde Beton Sanayi Ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/NIBAS

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 / 14
FUTURE 100 / 14
PAST 0 / 25
HEALTH 100 / 94
DIVIDEND 0 / 32

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 1, 2026).

Stock Price Fair Value vs Fair Value
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Hyundai Engineering & Construction Co 000720 131,900 KRW 76,878 KRW -42%
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Samsung E&A Co 028050 47,300 KRW 34,365 KRW -27%
Rail Vikas Nigam Limited RVNL ₹235.61 ₹14.53 -94%
Daewoo Engineering & Construction Co 047040 21,800 KRW 16,217 KRW -26%
NBCC (India) Limited NBCC ₹102.36 ₹48.22 -53%
Cemindia Projects Limited CEMPRO ₹1,431 ₹730.69 -49%
KEPCO Engineering & Construction Company 052690 115,300 KRW 13,210 KRW -89%

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Frequently asked questions

Is Nigbas Nigde Beton Sanayi Ve Ticaret A.S. (NIBAS) overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 2.85 TRY versus a price of 3.80 TRY, about −25% (overvalued).
What is the fair value of NIBAS?
Our model-based fair value for Nigbas Nigde Beton Sanayi Ve Ticaret A.S. is 2.85 TRY (as of Aug 1, 2026), built from audited fundamentals. The current price is 3.80 TRY.
What is the quality score of NIBAS?
Nigbas Nigde Beton Sanayi Ve Ticaret A.S. has a Quality Score of 23/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Nigbas Nigde Beton Sanayi Ve Ticaret A.S. (NIBAS)?
Nigbas Nigde Beton Sanayi Ve Ticaret A.S. reported trailing-twelve-month revenue of about 113M TRY (latest available figure, as of Aug 1, 2026).
What is the net profit margin of NIBAS?
The net profit margin of Nigbas Nigde Beton Sanayi Ve Ticaret A.S. is about 0.0%, meaning it keeps roughly 0.0% 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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