OYAK Yatirim Ortakligi AS (OYAYO) fair value: what the stock is really worth
As of Oct 14, 2026: fair value of OYAK Yatirim Ortakligi AS TRY 15.99, price TRY 31.86, upside -49.8%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Oyak Yatirim Ortakligi AS is a publicly owned investment manager. It provides Institutional and investors. It manages various pension funds for its clients. It also manages equity, fixed income and money market funds.
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It invests in capital market instruments and precious metals that are trading in domestic and international markets. Oyak Yatirim Ortakligi AS is based in Istanbul, Turkey.
Stock analysis
OYAK Yatirim Ortakligi AS (OYAYO) currently trades at 31.86 TRY, while our model-based Fair Value estimate is 15.99 TRY, 49.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 40.52 TRY per share, and 2 of the 10 models we run sit above the 31.86 TRY price.
Bear case: the Multiples group reads lowest at 4.27 TRY, and 8 of the 10 models stay below the price. Data coverage for this calculation is low.
Scenario range: 10.96 TRY (bear) to 22.17 TRY (bull), the price of 31.86 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 61/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
OYAK Yatirim Ortakligi AS reported revenue of 540M TRY in FY2025 versus 90.6M TRY in FY2021, a compound +56.3%/yr. Reported net income was 6.6M TRY in FY2025, compounding +1.5%/yr from FY2021.
Key figures
Market cap 637M TRY (≈ $12.9M) · P/E ratio 62.5 · P/S ratio 0.76 · EPS (TTM) 0.5100 TRY · Net margin 1.2% · Return on equity 7.3% · Return on assets (EBIT) 31.3% · Operating margin 7.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (medium confidence).
What moves the price
The share trades about 53% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −12% fair-value upside, at −50%, OYAYO screens richer than that median.
Fair Value models
Bear10.96 TRYFair Value 15.99 TRYBull22.17 TRY
Price 31.86 TRY · Upside -49.8%
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 9 months old). Earnings retained since then (0.4024 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.
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count. About 55 is the average of all stocks. The price trend (here 24) does not count.
Profitability49
Margins and returns on capital today
Quality Growth44
Are margins and returns improving?
Cashflow65
Earnings quality: real cash, not paper profit
Financial strength100
Balance sheet, leverage, solvency risk
Investment33
Disciplined investing over empire-building
Low Volatility48
Calm price path (market factor)
Momentum17
Price trend over the last 3–12 months (market factor)
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.71/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−1.1%
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.
+30.7%
Revenue growth 18 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.
+1.0%
’12
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’19
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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.
+1.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+1.8%
Dividend (yield on the price)0.0%
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.−1,920% → 8%
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).
+19.4%
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 +0.1% a year for the price.
Compare OYAK Yatirim Ortakligi 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.Asset Management · 666 stocks
Beats the industry median on 6/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score61 · Above median
Fair Value upside−49.8% · Bottom 25%
Profitability
Return on equity (12 months)7.3% · Above median
Return on assets4.0% · Above median
Net margin (12 months)−0.1% · Bottom 25%
Operating margin (12 months)7.5% · Bottom 25%
Growth and dividend
Revenue growth−32.4% · Bottom 25%
Valuation Multiplesvs Asset Management median · lower = cheaper
P/E (12 months)62.5× · Priciest 25%
P/B0.08× · Cheapest 25%
P/S (12 months)0.04× · Cheapest 25%
Price / free cash flow0.5× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 60
FUTURE (revenue growth)0· sector 37
PAST (return on equity)29· sector 24
HEALTH (low debt)0· sector 95
DIVIDEND (yield)0· sector 81
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). "OYAK Yatirim Ortakligi AS Fair Value". https://www.fairvalue-calculator.com/stock/OYAYO
Frequently asked questions
Is OYAK Yatirim Ortakligi AS (OYAYO) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of 15.99 TRY versus a price of 31.86 TRY, about −50% upside (overvalued).
What is the fair value of OYAYO?
Our model-based fair value for OYAK Yatirim Ortakligi AS is 15.99 TRY (as of Oct 3, 2026), built from audited fundamentals. The current price: 31.86 TRY.
What is the quality score of OYAYO?
OYAK Yatirim Ortakligi AS has a Quality Score of 61/100. 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 OYAK Yatirim Ortakligi AS (OYAYO)?
Our model-based price target is the fair value of 15.99 TRY (as of Oct 3, 2026) from 10 valuation models. Cautious scenario 10.96 TRY, optimistic scenario 22.17 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the OYAK Yatirim Ortakligi AS stock forecast for 2026?
Our models put fair value at 15.99 TRY, about −50% upside versus a price of 31.86 TRY (overvalued). Cautious scenario 10.96 TRY, optimistic scenario 22.17 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of OYAK Yatirim Ortakligi AS (OYAYO)?
OYAK Yatirim Ortakligi AS reported trailing-twelve-month revenue of about 339M TRY (latest available figure, as of Oct 3, 2026).
What growth is priced into OYAK Yatirim Ortakligi AS (OYAYO)?
For today's price to be fair in a discounted-cash-flow model, OYAK Yatirim Ortakligi AS would have to grow free cash flow by +19.4 % per year for five years (discount rate 13.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +257.8 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of OYAYO use?
Our models discount OYAK Yatirim Ortakligi AS at 13.2 %: a base by market capitalisation (nano), damped by beta 0.74, 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 OYAK Yatirim Ortakligi AS that is +19.4 % per year a year over ten years, using the same discount rate (13.2 %) and the same formula as our fair value.
How much growth has OYAK Yatirim Ortakligi AS (OYAYO) delivered so far?
Over the past 5 years revenue at OYAK Yatirim Ortakligi AS grew +257.8 % a year. The price currently implies +19.4 % 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 OYAK Yatirim Ortakligi AS (OYAYO) growing?
The median revenue growth in the sector is +9.3 % a year. That is the yardstick for the growth priced into OYAK Yatirim Ortakligi AS (+19.4 % 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 OYAK Yatirim Ortakligi AS (OYAYO)?
The free-cash-flow yield on the price is 4.08 %: that much free cash flow OYAK Yatirim Ortakligi AS produces per unit of market value. When it exceeds the discount rate of our models (13.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of OYAK Yatirim Ortakligi AS (OYAYO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For OYAK Yatirim Ortakligi AS it is 15.99 TRY per share (as of Oct 3, 2026), against a price of 31.86 TRY. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is OYAK Yatirim Ortakligi AS stock overvalued or undervalued in 2026?
As of Oct 3, 2026, OYAYO trades above its calculated fair value: price 31.86 TRY, fair value 15.99 TRY, a gap of about −50% (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 OYAYO?
No. The price is what the market pays today (31.86 TRY); the fair value is what the company's own numbers justify (15.99 TRY). For OYAK Yatirim Ortakligi AS the two are 15.87 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is OYAK Yatirim Ortakligi AS worth?
The market values OYAK Yatirim Ortakligi AS at about 637M TRY (market capitalisation, as of Oct 3, 2026). Per share that is 31.86 TRY; our models calculate a fair value of 15.99 TRY per share.
What do the bullish and bearish scenarios say about OYAYO?
Our models span a range for OYAK Yatirim Ortakligi AS: cautious scenario 10.96 TRY, base 15.99 TRY, optimistic 22.17 TRY per share (as of Oct 3, 2026, price 31.86 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of OYAYO?
OYAK Yatirim Ortakligi AS trades at a price-to-earnings ratio of 62.5 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 15.99 TRY is built from several models across several years. Other multiples: P/B 0.1, P/S 0.0.
How solid is the balance sheet of OYAK Yatirim Ortakligi AS (OYAYO)?
Balance-sheet figures for OYAK Yatirim Ortakligi AS (as of Oct 3, 2026): return on equity 7.3%. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is OYAYO from its 52-week high?
OYAK Yatirim Ortakligi AS trades at 31.86 TRY, about 53% below its 52-week high of 68.40 TRY and 5% above the low of 30.24 TRY (as of Oct 14, 2026). Distance from the high says nothing about value: that is what the fair value of 15.99 TRY is for.
Which stocks are comparable to OYAK Yatirim Ortakligi AS?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, Apollo Global Management, 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 OYAK Yatirim Ortakligi AS stock attractive at the current price?
The data as of Oct 3, 2026: price 31.86 TRY, calculated fair value 15.99 TRY (−50%), Quality Score 61/100, from 10 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 OYAYO calculated?
We run OYAK Yatirim Ortakligi AS through 10 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 15.99 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 14.7 % above its aggregate fair value. OYAK Yatirim Ortakligi 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 OYAK Yatirim Ortakligi AS (OYAYO)?
The closing price on Oct 14, 2026 was 31.86 TRY. Our model-based fair value is 15.99 TRY, about −50% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with OYAK Yatirim Ortakligi AS right now?
The price sits above even our optimistic bull case (22.17 TRY). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (10.96 TRY to 22.17 TRY) leaves room in how you read the outcome.
Key figures of OYAK Yatirim Ortakligi AS
How large is the market capitalisation of OYAK Yatirim Ortakligi AS (OYAYO)?
The market capitalisation of OYAK Yatirim Ortakligi AS is 637M TRY (≈ $12.9M). 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 OYAK Yatirim Ortakligi AS (OYAYO)?
The price-to-sales ratio of OYAK Yatirim Ortakligi AS is 0.76 (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 OYAK Yatirim Ortakligi AS (OYAYO)?
Earnings per share at OYAK Yatirim Ortakligi AS are 0.5100 TRY (price ÷ EPS = P/E 62.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of OYAK Yatirim Ortakligi AS (OYAYO)?
The net margin of OYAK Yatirim Ortakligi AS is 1.2% (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 OYAK Yatirim Ortakligi AS (OYAYO)?
The return on equity (ROE) of OYAK Yatirim Ortakligi AS is 7.3% (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 OYAK Yatirim Ortakligi AS (OYAYO)?
On an EBIT basis the return on assets of OYAK Yatirim Ortakligi AS is 31.3% (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 OYAK Yatirim Ortakligi AS (OYAYO)?
The operating margin of OYAK Yatirim Ortakligi AS is 7.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at OYAK Yatirim Ortakligi AS (OYAYO)?
Revenue at OYAK Yatirim Ortakligi AS is growing −32.4% versus a year earlier (3y avg +30.7%). 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 OYAK Yatirim Ortakligi AS (OYAYO)?
Earnings per share at OYAK Yatirim Ortakligi AS are growing −88.0% versus a year earlier. How much earnings per share grew versus a year earlier.
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