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Papilon Savunma Teknoloji ve Ticaret A.S. (PAPIL) Fair Value & Analysis

Industrials · TR · Market cap 2.4B TRY

PS Papilon Savunma Teknoloji ve Ticaret A.S. PAPIL · IS
Price11.57 TRY
Fair Value8.55 TRY
Upside-26.1%
Quality29/100
Expensive Growth
Thin margins · 2.8% net margin
generates free cash flow
Mixed vs. peers (4/9)
Narrow moat 14/100
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Evidence: Medium Range 8.55 TRY – 17.10 TRY Share as image

Fair value as of: Aug 1, 2026

From 12 valuation models · updated today

Share price −25.5% over the past month.

What matters now

  • Weak quality (29/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (8.55 TRY to 17.10 TRY) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

20.72 TRY 11.53 TRY Fair Value 8.55 TRY Aug 2025 Jul 2026

12‑month range 11.53 TRY – 20.72 TRY · fair‑value band 8.55 TRY – 17.10 TRY · the 11.57 TRY price screens above the 8.55 TRY fair value. As of Aug 1, 2026.

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Analysis

Papilon Savunma Teknoloji ve Ticaret A.S. (PAPIL) currently trades at 11.57 TRY, while our model-based Fair Value estimate is 8.55 TRY, implying the stock looks roughly 26.1% overvalued today. We read business quality at 29/100 (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).

Over the trailing twelve months, Papilon Savunma Teknoloji ve Ticaret A.S. generated revenue of 99.8M TRY at a net margin of 2.8%. It earns a return on equity of 0.6%. Net debt stands at 115M TRY. Fundamentals as of Aug 1, 2026

Our scenario range runs from 8.55 TRY (bear case) to 17.10 TRY (bull case); at 11.57 TRY, the current price sits within that range. The share trades about 60% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -26%, PAPIL screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 99.8M TRY
Revenue growth (YoY) -91.8%
Net margin 2.8%
Return on equity 0.6%
Free cash flow 66.8M TRY FY2025
P/E ratio 1,153.0
More key figures
Operating margin -925%
EPS (TTM) 0.0100 TRY
EPS growth (YoY) -22.0%
Net debt 115M TRY FY2025

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

Quality Score breakdown

Overall quality 29/100
Profitability 4
Quality Growth 40
Cashflow 72
Fin. Strength 74
Investment 0
Low Volatility 64
Momentum 8
52W Momentum 1
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

Papilon Savunma Teknoloji ve Ticaret A.S. manufactures and sells biometric devices and systems in Turkey. It offers fingerprint scanners, palm scanners, access control systems, biometric workstations, facial and iris recognition, mobile devices, and identification systems, as well as platform for virtual reality and private commercial organizations; and …

Full company description

Papilon Savunma Teknoloji ve Ticaret A.S. manufactures and sells biometric devices and systems in Turkey. It offers fingerprint scanners, palm scanners, access control systems, biometric workstations, facial and iris recognition, mobile devices, and identification systems, as well as platform for virtual reality and private commercial organizations; and construction of value-added holistic systems. The company also provides construction, maintenance, and repair services. It serves government, law enforcement, finance and telco, health, media and marketing, facility and workforce management, travel and transportation, retail and E-services, and agriculture. The company was incorporated in 2012 and is based in Ankara, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Papilon Savunma Teknoloji ve Ticaret A.S. reported revenue of 138M TRY in FY2025 versus 29.4M TRY in FY2021, a compound +47.1%/yr. Reported net income was −89.3M TRY in FY2025.

Revenue +47.1%/yr
FY21 29.4M TRY
FY22 42.8M TRY
FY23 107M TRY
FY24 306M TRY
FY25 138M TRY
Net income
FY21 24.7M TRY
FY22 39.1M TRY
FY23 78.2M TRY
FY24 −25.4M TRY
FY25 −89.3M TRY

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Cite: Fair Value Calculator (2026). "Papilon Savunma Teknoloji ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/PAPIL

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 / 0
FUTURE 0 / 9
PAST 3 / 23
HEALTH 0 / 94
DIVIDEND 0 / 26

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.

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Frequently asked questions

Is Papilon Savunma Teknoloji ve Ticaret A.S. (PAPIL) overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 8.55 TRY versus a price of 11.57 TRY, about −26% (overvalued).
What is the fair value of PAPIL?
Our model-based fair value for Papilon Savunma Teknoloji ve Ticaret A.S. is 8.55 TRY (as of Aug 1, 2026), built from audited fundamentals. The current price is 11.57 TRY.
What is the quality score of PAPIL?
Papilon Savunma Teknoloji ve Ticaret A.S. has a Quality Score of 29/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Papilon Savunma Teknoloji ve Ticaret A.S. (PAPIL)?
Papilon Savunma Teknoloji ve Ticaret A.S. reported trailing-twelve-month revenue of about 99.8M TRY (latest available figure, as of Aug 1, 2026).
What is the net profit margin of PAPIL?
The net profit margin of Papilon Savunma Teknoloji ve Ticaret A.S. is about 2.8%, meaning it keeps roughly 2.8% 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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