Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA) fair value: what the stock is really worth
As of Oct 30, 2026: fair value (intrinsic value) of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS stock TRY 52.32, price TRY 125, upside -58.1%, quality 34 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 29, 2026.
How to read this chart
60‑month range 24.98 TRY – 334.50 TRY · fair‑value band 42.09 TRY – 88.19 TRY · the 125.00 TRY price screens above the 52.32 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 29, 2026.
Follow Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS in your weekly email
Every Wednesday you see whether Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Orma Orman Mahsulleri Integre Sanayi Ve Ticaret A.S. produces and sells particle and melamine coated particle boards in Türkiye, Asia, Europe, Africa, and internationally.
Show moreShow less
It offers chipboards and melamine faced chipboards for furniture and construction materials, as well as humid resistant chipboards for humid environments, such as kitchens and bathrooms. The company was incorporated in 1970 and is headquartered in Istanbul, Turkey.
Orma Orman Mahsulleri Integre Sanayi Ve Ticaret A.S. operates as a subsidiary of Gol Yatirim Holding A.S.
Stock analysis
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA) currently trades at 125.00 TRY, while our model-based Fair Value estimate is 52.32 TRY, 58.1% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of 170.00 TRY per share, and 8 of the 13 models we run sit above the 125.00 TRY price.
Bear case: the Earnings-Based group reads lowest at 46.41 TRY, and 5 of the 13 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 42.09 TRY (bear) to 88.19 TRY (bull), the price of 125.00 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 34/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS reported revenue of 4.5B TRY in FY2025 versus 957M TRY in FY2021, a compound +47.0%/yr. Reported net income was −21.4M TRY in FY2025.
Key figures
Market cap 3.4B TRY (≈ $68.1M) Micro · P/E ratio 126.3 · P/S ratio 0.76 · EPS (TTM) 0.9900 TRY · Net margin 0.6% · Return on equity 0.4% · Return on assets (EBIT) 5.0% · Operating margin 11.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 23 out of 100 (medium confidence).
What moves the price
The share trades about 48% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −29% fair-value upside, at −58%, ORMA screens richer than that median.
Fair Value models
Bear42.09 TRYFair Value 52.32 TRYBull88.19 TRY
Price 125.00 TRY · Upside -58.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.8245 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+0.0%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+32.0%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+54.4%
Start year 2020 (pandemic). Over 10 years: +33.5% a year
Revenue growth 14 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+30.7%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘ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.
−7.8% (2014) → 6.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+33.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Turkey: IMF forecast 19.3% a year to 2030, 28.5% from 2016 to 2025) that is about +11.7% a year for the price.
Compare Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS 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.Lumber & Wood Production · 75 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score34 · Bottom 25%
Fair Value upside−58.1% · Bottom 25%
Profitability
Return on equity (12 months)0.4% · Above median
Return on assets−0.2% · Below median
Net margin (12 months)0.6% · Above median
Operating margin (12 months)11.1% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)0.3% · Below median
Balance sheet
Debt / equity0.04× · Below median
Valuation Multiplesvs Lumber & Wood Production median · lower = cheaper
P/E (12 months)126.3× · Priciest 25%
P/B0.49× · Cheaper than median
P/S (12 months)0.76× · Pricier than median
Price / free cash flow16.5× · Pricier than median
EV/EBITDA8.1× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 25
FUTURE (revenue growth)2· sector 25
PAST (return on equity)1· sector 0
HEALTH (low debt)98· sector 91
DIVIDEND (yield)0· sector 38
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). "Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS Fair Value". https://www.fairvalue-calculator.com/stock/ORMA
Frequently asked questions
Is Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA) overvalued or undervalued?
As of Oct 29, 2026, our model estimates a fair value of 52.32 TRY versus a price of 125.00 TRY, about −58% upside (overvalued).
What is the fair value of ORMA?
Our model-based fair value for Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is 52.32 TRY (as of Oct 29, 2026), built from audited fundamentals. The current price: 125.00 TRY.
What is the quality score of ORMA?
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS has a Quality Score of 34/100. 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 Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
Our model-based price target is the fair value of 52.32 TRY (as of Oct 29, 2026) from 13 valuation models. Cautious scenario 42.09 TRY, optimistic scenario 88.19 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS stock forecast for 2026?
Our models put fair value at 52.32 TRY, about −58% upside versus a price of 125.00 TRY (overvalued). Cautious scenario 42.09 TRY, optimistic scenario 88.19 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS reported trailing-twelve-month revenue of about 4.5B TRY (latest available figure, as of Oct 29, 2026).
What growth is priced into Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
For today's price to be fair in a discounted-cash-flow model, Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS would have to grow free cash flow by +33.3 % per year for five years (discount rate 17.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +54.4 % per year. As of Oct 29, 2026.
What discount rate (WACC) does the fair value of ORMA use?
Our models discount Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS at 17.2 %: a base by market capitalisation (micro), country premium for Turkey. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS that is +33.3 % per year a year over ten years, using the same discount rate (17.2 %) and the same formula as our fair value.
How much growth has Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA) delivered so far?
Over the past 5 years revenue at Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS grew +54.4 % a year. The price currently implies +33.3 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA) growing?
The median revenue growth in the sector is +9.7 % a year. That is the yardstick for the growth priced into Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (+33.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
The free-cash-flow yield on the price is 6.05 %: that much free cash flow Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS produces per unit of market value. When it exceeds the discount rate of our models (17.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS it is 52.32 TRY per share (as of Oct 29, 2026), against a price of 125.00 TRY. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS stock overvalued or undervalued in 2026?
As of Oct 29, 2026, ORMA trades above its calculated fair value: price 125.00 TRY, fair value 52.32 TRY, a gap of about −58% (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 ORMA?
No. The price is what the market pays today (125.00 TRY); the fair value is what the company's own numbers justify (52.32 TRY). For Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS the two are 72.68 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS worth?
The market values Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS at about 3.4B TRY (market capitalisation, as of Oct 29, 2026). Per share that is 125.00 TRY; our models calculate a fair value of 52.32 TRY per share.
What do the bullish and bearish scenarios say about ORMA?
Our models span a range for Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS: cautious scenario 42.09 TRY, base 52.32 TRY, optimistic 88.19 TRY per share (as of Oct 29, 2026, price 125.00 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ORMA?
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS trades at a price-to-earnings ratio of 126.3 (as of Oct 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 52.32 TRY is built from several models across several years. Other multiples: P/B 0.5, P/S 0.8, EV/EBITDA 8.1.
How solid is the balance sheet of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
Balance-sheet figures for Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (as of Oct 29, 2026): return on equity 0.4%, debt of 0.04 per unit of equity. They feed the Quality Score of 34/100, which measures business quality independently of the share price.
How far is ORMA from its 52-week high?
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS trades at 125.00 TRY, about 48% below its 52-week high of 239.00 TRY and 12% above the low of 112.00 TRY (as of Oct 30, 2026). Distance from the high says nothing about value: that is what the fair value of 52.32 TRY is for.
Which stocks are comparable to Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS?
From the same area (Basic Materials) we also value Simpson Manufacturing Co, UFP Industries, Inc, Boise Cascade Company, Stella-Jones 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 Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS stock attractive at the current price?
The data as of Oct 29, 2026: price 125.00 TRY, calculated fair value 52.32 TRY (−58%), Quality Score 34/100, from 13 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 ORMA calculated?
We run Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS through 13 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 52.32 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 13.3 % above its aggregate fair value. Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS 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 Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
The closing price on Oct 30, 2026 was 125.00 TRY. Our model-based fair value is 52.32 TRY, about −58% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS right now?
The price sits above even our optimistic bull case (88.19 TRY). The favourable scenario is already priced in. Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (42.09 TRY to 88.19 TRY) leaves room in how you read the outcome.
Key figures of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS
How large is the market capitalisation of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
The market capitalisation of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is 3.4B TRY (≈ $68.1M). 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 Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
The price-to-sales ratio of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is 0.76 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
Earnings per share at Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS are 0.9900 TRY (price ÷ EPS = P/E 126.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
The net margin of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is 0.6% (last twelve months). 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 Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
The return on equity (ROE) of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is 0.4% (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 Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
On an EBIT basis the return on assets of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is 5.0% (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 Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
The operating margin of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is 11.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
Revenue at Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is growing +0.3% versus a year earlier (3y avg +32.0%). 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 Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA)?
Earnings per share at Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS are growing +82.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (ORMA) carry?
The net debt of Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS is 2.5B TRY (fiscal year 2025, ≈ 12.1 yrs of FCF). 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 Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS in the live analysis
One click puts Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Some data
Oct 29, 2026