Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE) fair value: what the stock is really worth
We calculate from audited financials what Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Watch Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for free
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S., a software development company, engages in the software and consulting businesses in Turkey and internationally.
Show more
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S., a software development company, engages in the software and consulting businesses in Turkey and internationally. The company offers retail ERP and BI solutions, store and warehouse management, e-transformation, retail BI, price and discount optimization, wofkforce planning, portfolio management, smart shelf management; e-commerce solutions, such as E-Commerce Management, E-Commerce Mobile Picking, Smartfind Search Engine, and Ecommerce BI solutions; and CRM Suites comprising customer and loyalty management, CRM analytics, customer data platform, mobile personal data sharing, and dynamics 365 CRM. It also provides supply chain solutions, including demand forecasting and planning, smart inventory management, supply chain Bi, smart order management, stock allocation and distribution management, blockchain; B2B suites, such as B2B, PIM, Master Data Management and GS1, pharma WH portal, and meal delivery system; Price suites comprising Price Management; and other solutions, including Shelfforce Management applications. In addition, the company offers Corpsearch, an advanced report and dashboard search solution, that provides easy access to the repository across the entire Microstrategy platform. Further, it provides Obase Corpwatch, a data-driven management platform for telecom c-level solution; and data analytics solutions. Additionally, the company offers consulting, project management, training and support, solutions integration, software development, and quality assurance and test automation services. The company was incorporated in 1995 and is based in Istanbul, Turkey.
Stock analysis
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE) currently trades at 35.12 TRY, while our model-based Fair Value estimate is 7.90 TRY, implying the stock looks roughly 344.6% overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of 10.46 TRY per share, and 1 of the 16 models we run sit above the 35.12 TRY price.
Bear case: the Multiples group reads lowest at 4.09 TRY, and 15 of the 16 models stay below the price. Evidence for this calculation is low.
Scenario range: 7.90 TRY (bear) to 9.60 TRY (bull), the price of 35.12 TRY sits above 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 42/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. reported revenue of 856M TRY in FY2025 versus 105M TRY in FY2021, a compound +69.1%/yr. Reported net income was 6.6M TRY in FY2025, compounding −22.0%/yr from FY2021.
Key figures
Market cap 1.8B TRY (≈ $37.9M) · P/E ratio 219.5 · P/S ratio 1.70 · EPS (TTM) 0.1600 TRY · Dividend yield 0.1% · Net margin 0.8% · Return on equity 1.1% · Return on assets (EBIT) 1.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −12% fair-value upside, at −78%, OBASE screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (0.6400 TRY to 89.26 TRY). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear 7.90 TRYFair Value 7.90 TRYBull 9.60 TRY
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 8 months old). Earnings retained since then (0.1131 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.Evidence ⓘEvidence = 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.52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
What shareholders gained per year (last 5 years), in TRY ⓘ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. 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.
−20.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−20.4%
Dividend (yield on the price)0.1%
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.18% → 7%
Compare Obase Bilgisayar ve Danismanlik Hizmetleri 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.Software - Application · 690 stocks
Beats the industry median on 1/11 measures
Overall it trails its industry peers.
Valuation
Quality Score42 · Bottom 25%
Fair Value upside−77% · Bottom 25%
Profitability
Return on equity (TTM)1% · Below median
Return on assets3% · Above median
Net margin (TTM)1% · Below median
Operating margin (TTM)1% · Below median
Growth and dividend
Revenue growth−8% · Bottom 25%
Dividend yield (TTM)0.1% · Bottom 25%
Valuation Multiplesvs Software - Application median · lower = cheaper
P/E (TTM)219.5× · Priciest 25%
P/B2.59× · Pricier than median
P/S (TTM)2.20× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 23
FUTURE (revenue growth)0· sector 36
PAST (return on equity)4· sector 12
HEALTH (low debt)100· sector 98
DIVIDEND (yield)0· sector 28
VALUE 0: the price sits above our fair-value range.
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). "Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/OBASE
Frequently asked questions
Is Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of 7.90 TRY versus a price of 35.12 TRY, about −78% upside (overvalued).
What is the fair value of OBASE?
Our model-based fair value for Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is 7.90 TRY (as of Sep 13, 2026), built from audited fundamentals. The current price: 35.12 TRY.
What is the quality score of OBASE?
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. has a Quality Score of 42/100. 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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
Our model-based price target is the fair value of 7.90 TRY (as of Sep 13, 2026) from 16 valuation models. Cautious scenario 7.90 TRY, optimistic scenario 9.60 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. stock forecast for 2026?
Our models put fair value at 7.90 TRY, about −78% upside versus a price of 35.12 TRY (overvalued). Cautious scenario 7.90 TRY, optimistic scenario 9.60 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. reported trailing-twelve-month revenue of about 836M TRY (latest available figure, as of Sep 13, 2026).
Does Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. pay a dividend?
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. currently shows a dividend yield of about 0.12% relative to its recent price (as of Sep 13, 2026).
What is the intrinsic value of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. it is 7.90 TRY per share (as of Sep 13, 2026), against a price of 35.12 TRY. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. stock overvalued or undervalued in 2026?
As of Sep 13, 2026, OBASE trades above its calculated fair value: price 35.12 TRY, fair value 7.90 TRY, a gap of about −78% (overvalued). 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 OBASE?
No. The price is what the market pays today (35.12 TRY); the fair value is what the company's own numbers justify (7.90 TRY). For Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. the two are 27.22 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. worth?
The market values Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. at about 1.8B TRY (market capitalisation, as of Sep 13, 2026). Per share that is 35.12 TRY; our models calculate a fair value of 7.90 TRY per share.
What do the bullish and bearish scenarios say about OBASE?
Our models span a range for Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.: cautious scenario 7.90 TRY, base 7.90 TRY, optimistic 9.60 TRY per share (as of Sep 13, 2026, price 35.12 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of OBASE?
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. trades at a price-to-earnings ratio of 219.5 (as of Sep 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 7.90 TRY is built from several models across several years. Other multiples: P/B 2.6, P/S 2.2.
How solid is the balance sheet of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
Balance-sheet figures for Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (as of Sep 13, 2026): return on equity 1.1%. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is OBASE from its 52-week high?
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. trades at 35.12 TRY, about 33% below its 52-week high of 52.60 TRY and 16% above the low of 30.40 TRY (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of 7.90 TRY is for.
Which stocks are comparable to Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.?
From the same area (Technology) we also value SAP SE, Shopify Inc, Uber Technologies, Inc, Salesforce, Inc, 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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. stock attractive at the current price?
The data as of Sep 13, 2026: price 35.12 TRY, calculated fair value 7.90 TRY (−78%), Quality Score 42/100, from 16 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 OBASE calculated?
We run Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 7.90 TRY, 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 15.6 % above its aggregate fair value. Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. itself currently trades above fair value. 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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
The closing price on Sep 14, 2026 was 35.12 TRY. Our model-based fair value is 7.90 TRY, about −78% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. right now?
The price sits above even our optimistic bull case (9.60 TRY). The favourable scenario is already priced in. Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.
How large is the market capitalisation of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
The market capitalisation of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is 1.8B TRY (≈ $37.9M). 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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
The price-to-sales ratio of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is 1.70 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
Earnings per share at Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. are 0.1600 TRY (price ÷ EPS = P/E 219.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
The dividend yield of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is 0.1% (payout 27.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
The net margin of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is 0.8% (fiscal year 2025). 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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
The return on equity (ROE) of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is 1.1% (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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
On an EBIT basis the return on assets of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is 1.1% (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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
The operating margin of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is 1.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
Revenue at Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is growing −7.9% versus a year earlier (3y avg +35.6%). 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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE)?
Earnings per share at Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. are growing +113% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE) generate?
The free cash flow of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is −82.6M 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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE) carry?
The net debt of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. is 108M 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 Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. in the live analysis
One click puts Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
