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PNSUT Fair Value & Analysis

Consumer Defensive · TR · Market cap 3.4B TRY

P PNSUT PNSUT · IS
Price10.68 TRY
Fair Value1.92 TRY
Upside-82.0%
Quality28/100
Expensive Growth
Loss-making · -7.2% net margin
Low debt · negative free cash flow
Trails peers (1/9)
Narrow moat 6/100
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Evidence: Low Range 1.92 TRY – 6.64 TRY Share as image

Fair value as of: Aug 1, 2026

From 4 valuation models · updated today

Share price −9.5% over the past month.

What matters now

  • The price sits above even our optimistic bull case (6.64 TRY). The favourable scenario is already priced in.
  • Weak quality (28/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (1.92 TRY to 6.64 TRY). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (12 months)

17.89 TRY 10.48 TRY Fair Value 1.92 TRY Aug 2025 Jul 2026

12‑month range 10.48 TRY – 17.89 TRY · fair‑value band 1.92 TRY – 6.64 TRY · the 10.68 TRY price screens above the 1.92 TRY fair value. As of Aug 1, 2026.

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Analysis

PNSUT (PNSUT) currently trades at 10.68 TRY, while our model-based Fair Value estimate is 1.92 TRY, implying the stock looks roughly 82.0% overvalued today. We read business quality at 28/100 (below-average quality), in the Consumer Defensive 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, PNSUT generated revenue of 14.6B TRY at a net margin of -7.2%. Revenue declined 26.3% year over year. It earns a return on equity of -9.7%. Net debt stands at 5.3B TRY. Fundamentals as of Aug 1, 2026

Our scenario range runs from 1.92 TRY (bear case) to 6.64 TRY (bull case); at 10.68 TRY, the current price sits above that range. The share trades about 44% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -15% fair-value upside, at -82%, PNSUT screens richer than that median.

Key figures & financial health

Revenue (TTM) 14.6B TRY
Revenue growth (YoY) -26.3%
Net margin -7.2%
Return on equity -9.7%
Free cash flow −445M TRY FY2025
Operating margin 0.8%
More key figures
EPS (TTM) -3.34 TRY
EPS growth (YoY) -68.7%
Net debt 5.3B TRY FY2025

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

Quality Score breakdown

Overall quality 28/100
Profitability 14
Quality Growth 65
Cashflow 8
Fin. Strength 41
Investment 31
Low Volatility 68
Momentum 20
52W Momentum 12
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

Pinar Süt Mamülleri Sanayii A.S., through its subsidiaries, processes, produces, and sells milk and dairy products in Turkey and internationally.

Full company description

Pinar Süt Mamülleri Sanayii A.S., through its subsidiaries, processes, produces, and sells milk and dairy products in Turkey and internationally. The company offers dairy products, including milk, butter, cheese, yoghurt, ayran, kefir, creams, fruit juices, sauces, whipped cream, milk powder, and out-of-home consumption products; water and beverages, such as frii, lemonade, and natural mineral and functional water; and meat products comprising soudjouk, salami, sausage, kavurma, ham, and smoked meat, as well as seafood and convenience food products under the Pinar brand name. It exports its products. The company was incorporated in 1973 and is headquartered in Izmir, Turkey. Pinar Süt Mamülleri Sanayii A.S. operates as a subsidiary of Yasar Holding A.S.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PNSUT reported revenue of 15.8B TRY in FY2025 versus 2.7B TRY in FY2021, a compound +55.9%/yr. Reported net income was −942M TRY in FY2025.

Revenue +55.9%/yr
FY21 2.7B TRY
FY22 5.8B TRY
FY23 15.7B TRY
FY24 17.7B TRY
FY25 15.8B TRY
Net income
FY21 117M TRY
FY22 380M TRY
FY23 411M TRY
FY24 −2.2B TRY
FY25 −942M TRY

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Cite: Fair Value Calculator (2026). "PNSUT Fair Value". https://www.fairvalue-calculator.com/stock/PNSUT

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 / 25
FUTURE 0 / 20
PAST 0 / 27
HEALTH 95 / 96
DIVIDEND 0 / 46

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

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,386 ₹278.10 -80%
Uni-President Enterprises Corp 1216 75.60 TWD 55.53 TWD -27%
Britannia Industries Limited BRITANNIA ₹5,121 ₹1,374 -73%
Tata Consumer Products Limited TATACONSUM ₹1,131 ₹339.05 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,600 IDR 14,500 IDR +120%
Samyang Foods Co 003230 1,000,000 KRW 1,010,543 KRW +1%
Patanjali Foods Limited PATANJALI ₹420.45 ₹294.68 -30%
Vietnam Dairy Products Joint Stock Company VNM 60,798 VND 51,518 VND -15%
PT Mayora Indah Tbk, MYOR 1,850 IDR 2,719 IDR +47%
PT Cisarua Mountain Dairy Tbk CMRY 4,300 IDR 4,821 IDR +12%

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Frequently asked questions

Is PNSUT overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 1.92 TRY versus a price of 10.68 TRY, about −82% (overvalued).
What is the fair value of PNSUT?
Our model-based fair value for PNSUT is 1.92 TRY (as of Aug 1, 2026), built from audited fundamentals. The current price is 10.68 TRY.
What is the quality score of PNSUT?
PNSUT has a Quality Score of 28/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PNSUT?
PNSUT reported trailing-twelve-month revenue of about 14.6B TRY (latest available figure, as of Aug 1, 2026).
What is the net profit margin of PNSUT?
The net profit margin of PNSUT is about -7.2%, 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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