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Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. (PNLSN) Fair Value & Analysis

Industrials · TR · Market cap 3.4B TRY

PC Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. PNLSN · IS
Price46.90 TRY
Fair Value65.36 TRY
Upside+39.4%
Quality49/100
Expensive Growth
Thin margins · 9.4% net margin
Low debt · negative free cash flow
1.52% dividend yield
Ranks above peers (11/13)
Narrow moat 43/100
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Evidence: High Range 30.10 TRY – 81.83 TRY Share as image

Fair value as of: Aug 1, 2026

From 17 valuation models · updated today

Share price +12.3% over the past month.

What matters now

  • The model range is unusually wide (30.10 TRY to 81.83 TRY). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (12 months)

53.56 TRY 36.30 TRY Fair Value 65.36 TRY Aug 2025 Jul 2026

12‑month range 36.30 TRY – 53.56 TRY · fair‑value band 30.10 TRY – 81.83 TRY · the 46.90 TRY price screens below the 65.36 TRY fair value. As of Aug 1, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. (PNLSN) currently trades at 46.90 TRY, while our model-based Fair Value estimate is 65.36 TRY, implying the stock looks roughly 39.4% undervalued today. We read business quality at 49/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. generated revenue of 3.1B TRY at a net margin of 9.4%. Revenue grew 23.7% year over year. It earns a return on equity of 10.4%. Net debt stands at 39.7M TRY. Fundamentals as of Aug 1, 2026

Our scenario range runs from 30.10 TRY (bear case) to 81.83 TRY (bull case); at 46.90 TRY, the current price sits within that range. The share trades about 16% below its 52-week high and 30% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 39%, PNLSN screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 3.1B TRY
Revenue growth (YoY) +23.7%
Net margin 9.4%
Return on equity 10.4%
Free cash flow −86.2M TRY FY2025
P/E ratio 11.7
More key figures
Operating margin 9.9%
EPS (TTM) 3.84 TRY
Dividend yield 1.5%
EPS growth (YoY) +3,112%
Net debt 39.7M TRY FY2020

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

Quality Score breakdown

Overall quality 49/100
Profitability 36
Quality Growth 48
Cashflow 8
Fin. Strength 73
Investment 25
Low Volatility 66
Momentum 53
52W Momentum 56
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

Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. manufactures and sells sandwich panels, EPS insulation materials, and other products in Turkey.

Full company description

Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. manufactures and sells sandwich panels, EPS insulation materials, and other products in Turkey. The company offers facade, roof, acoustic, and cold room panels; EPS products, including thermal insulation boards, injection sheets, EPS blocks, light filling products, mold injection products, decorative ceiling coverings, and geopans; trapezoidal overlays; solar power plant solutions; and complementary products. It is also involved in manufacturing, purchase, sale, import, and production of heating, ventilation, cooling, insulation, and roofing and facade cladding materials; production, import, export, purchase, sale, and domestic trade of prefabricated thermally insulated construction elements; and the manufacturing and trade of marble, iron, cement, ready-mixed concrete, and hardware materials. The company was incorporated in 2004 and is headquartered in Ankara, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. reported revenue of 2.9B TRY in FY2025 versus 605M TRY in FY2021, a compound +48.0%/yr. Reported net income was 258M TRY in FY2025, compounding +40.8%/yr from FY2021.

Revenue +48.0%/yr
FY21 605M TRY
FY22 2.2B TRY
FY23 3.8B TRY
FY24 3.6B TRY
FY25 2.9B TRY
Net income +40.8%/yr
FY21 65.6M TRY
FY22 80.8M TRY
FY23 336M TRY
FY24 84.0M TRY
FY25 258M TRY

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Cite: Fair Value Calculator (2026). "Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. Fair Value". https://www.fairvalue-calculator.com/stock/PNLSN

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 86 / 0
FUTURE 100 / 9
PAST 42 / 23
HEALTH 100 / 94
DIVIDEND 30 / 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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10 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 1, 2026).

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Trane Technologies plc TT $491.59 $210.11 -57%
Johnson Controls International plc JCI $139.36 $41.08 -71%
Carrier Global Corporation CARR $70.75 $17.22 -76%
Compagnie de Saint-Gobain S.A CODGF $91.30 $94.11 +3%
Daikin Industries,Ltd. DKILF $148.97 $132.61 -11%
Geberit AG GBERF $661.46 $380.35 -42%
Lennox International Inc LII $536.04 $297.27 -45%
Kingspan Group KRX €87.30 €70.76 -19%
Masco Corporation MAS 1,559 MXN 813.31 MXN -48%
BELIMO Holding BLMOY $12.26 $3.39 -72%

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Frequently asked questions

Is Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. (PNLSN) overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 65.36 TRY versus a price of 46.90 TRY, about +39% (undervalued).
What is the fair value of PNLSN?
Our model-based fair value for Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. is 65.36 TRY (as of Aug 1, 2026), built from audited fundamentals. The current price is 46.90 TRY.
What is the quality score of PNLSN?
Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. has a Quality Score of 49/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. (PNLSN)?
Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. reported trailing-twelve-month revenue of about 3.1B TRY (latest available figure, as of Aug 1, 2026).
What is the net profit margin of PNLSN?
The net profit margin of Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. is about 9.4%, meaning it keeps roughly 9.4% of revenue as net income. Based on the latest reported figures.
Does Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. pay a dividend?
Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. currently shows a dividend yield of about 1.52% relative to its recent price (as of Aug 1, 2026).

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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