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Parsan Makina Parçalari Sanayii A.S. (PARSN) Fair Value & Analysis

Consumer Cyclical · TR · Market cap 6.5B TRY

PM Parsan Makina Parçalari Sanayii A.S. PARSN · IS
Price75.15 TRY
Fair Value56.06 TRY
Upside-25.4%
Quality27/100
Mixed Growth
Loss-making · -21.0% net margin
Low debt · negative free cash flow
Trails peers (2/10)
Narrow moat 1/100
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Evidence: Low Range 35.63 TRY – 142.52 TRY Share as image

Fair value as of: Aug 1, 2026

From 4 valuation models · updated today

Share price −13.2% over the past month.

What matters now

  • Weak quality (27/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (35.63 TRY to 142.52 TRY). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (12 months)

109.90 TRY 74.60 TRY Fair Value 56.06 TRY Aug 2025 Jul 2026

12‑month range 74.60 TRY – 109.90 TRY · fair‑value band 35.63 TRY – 142.52 TRY · the 75.15 TRY price screens above the 56.06 TRY fair value. As of Aug 1, 2026.

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Analysis

Parsan Makina Parçalari Sanayii A.S. (PARSN) currently trades at 75.15 TRY, while our model-based Fair Value estimate is 56.06 TRY, implying the stock looks roughly 25.4% overvalued today. We read business quality at 27/100 (below-average quality), in the Consumer Cyclical 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: low).

Over the trailing twelve months, Parsan Makina Parçalari Sanayii A.S. generated revenue of 5.6B TRY at a net margin of -21.0%. Revenue grew 48.8% year over year. It earns a return on equity of -8.5%. Net debt stands at 3.6B TRY. Fundamentals as of Aug 1, 2026

Our scenario range runs from 35.63 TRY (bear case) to 142.52 TRY (bull case); at 75.15 TRY, the current price sits within that range. The share trades about 33% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -25%, PARSN screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 5.6B TRY
Revenue growth (YoY) +48.8%
Net margin -21.0%
Return on equity -8.5%
Free cash flow −368M TRY FY2024
Operating margin -7.8%
More key figures
EPS (TTM) -13.50 TRY
EPS growth (YoY) -66.6%
Net debt 3.6B TRY FY2024

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

Quality Score breakdown

Overall quality 27/100
Profitability 6
Quality Growth 35
Cashflow 8
Fin. Strength 42
Investment 15
Low Volatility 76
Momentum 24
52W Momentum 9
Net Issuance 82

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

Parsan Makina Parçalari Sanayii A.S. produces and sells forging parts and components for light, medium, and heavy vehicle manufacturers in Turkey. The company provides rear axle shafts, front axles, assembled front axles, axons, arms, gear blanks, driveshafts, and other automotive products.

Full company description

Parsan Makina Parçalari Sanayii A.S. produces and sells forging parts and components for light, medium, and heavy vehicle manufacturers in Turkey. The company provides rear axle shafts, front axles, assembled front axles, axons, arms, gear blanks, driveshafts, and other automotive products. It serves automotive, defense, and mining sectors.Parsan Makina Parçalari Sanayii A.S. was founded in 1968 and is based in Istanbul, Turkey. Parsan Makina Parçalari Sanayii A.S. is a subsidiary of Celik Holding A.S.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Parsan Makina Parçalari Sanayii A.S. reported revenue of 4.2B TRL in FY2024 versus 590M TRL in FY2020, a compound +63.1%/yr. Reported net income was −334M TRL in FY2024.

Revenue +63.1%/yr
FY20 590M TRL
FY21 1.1B TRL
FY22 2.5B TRL
FY23 3.9B TRL
FY24 4.2B TRL
Net income
FY20 123M TRL
FY21 163M TRL
FY22 728M TRL
FY23 365M TRL
FY24 −334M TRL

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Cite: Fair Value Calculator (2026). "Parsan Makina Parçalari Sanayii A.S. Fair Value". https://www.fairvalue-calculator.com/stock/PARSN

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 / 11
FUTURE 100 / 23
PAST 0 / 26
HEALTH 92 / 95
DIVIDEND 0 / 29

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 Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 1, 2026).

Stock Price Fair Value vs Fair Value
O'Reilly Automotive, Inc ORLY34 R$1.42 R$0.1600 -89%
AutoZone, Inc AZOI34 R$70.97 R$44.81 -37%
Hyundai Mobis Co 012330 569,000 KRW 687,665 KRW +21%
Magna International Inc MGAN 1,182 MXN 1,093 MXN -7%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹40,300 ₹14,755 -63%
Bharat Forge Limited BHARATFORG ₹1,949 ₹286.19 -85%
Uno Minda Limited UNOMINDA ₹1,090 ₹372.63 -66%
Schaeffler India Limited SCHAEFFLER ₹4,035 ₹1,548 -62%
Hankook Tire & Technology Co 161390 64,500 KRW 196,479 KRW +205%

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Frequently asked questions

Is Parsan Makina Parçalari Sanayii A.S. (PARSN) overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 56.06 TRY versus a price of 75.15 TRY, about −25% (overvalued).
What is the fair value of PARSN?
Our model-based fair value for Parsan Makina Parçalari Sanayii A.S. is 56.06 TRY (as of Aug 1, 2026), built from audited fundamentals. The current price is 75.15 TRY.
What is the quality score of PARSN?
Parsan Makina Parçalari Sanayii A.S. has a Quality Score of 27/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Parsan Makina Parçalari Sanayii A.S. (PARSN)?
Parsan Makina Parçalari Sanayii A.S. reported trailing-twelve-month revenue of about 5.6B TRY (latest available figure, as of Aug 1, 2026).
What is the net profit margin of PARSN?
The net profit margin of Parsan Makina Parçalari Sanayii A.S. is about -21.0%, meaning it is currently running at a net loss. 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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