SEKER YATIRIM (SKYMD) fair value: what the stock is really worth
As of Oct 28, 2026: fair value (intrinsic value) of SEKER YATIRIM stock TRY 12.18, price TRY 9.50, upside +28.2%, quality 38 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 29, 2026.
How to read this chart
35‑month range 6.70 TRY – 24.78 TRY · fair‑value band 10.90 TRY – 13.33 TRY · the 9.50 TRY price screens below the 12.18 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 29, 2026.
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Seker Yatirim Menkul Degerler A.S. engages in capital market business in Turkey. It offers equity trading, Seker Worldwide Exchanges and Electronic Trading, fixed income trading, corporate financing, research, asset management, investment advisory services, derivatives trading, and FX trading.
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The company was incorporated in 1996 and is based in Istanbul, Turkey. Seker Yatirim Menkul Degerler A.S. is a subsidiary of Sekerbank T.A.S.
Stock analysis
SEKER YATIRIM (SKYMD) currently trades at 9.50 TRY, while our model-based Fair Value estimate is 12.18 TRY, implying the stock looks roughly 22.0% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 21.56 TRY per share, and 5 of the 6 models we run sit above the 9.50 TRY price.
Bear case: the Asset-Based group reads lowest at 3.63 TRY, and 1 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: 10.90 TRY (bear) to 13.33 TRY (bull), the price of 9.50 TRY sits below 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 38/100 (below-average quality), in the Financial Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
SEKER YATIRIM reported revenue of 46.6B TRY in FY2026 versus 25.7B TRY in FY2022, a compound +16.0%/yr. Reported net income was −114M TRY in FY2026.
Key figures
Market cap 1.5B TRY (≈ $29.5M) Micro · P/S ratio 0.03 · EPS (TTM) −1.66 TRY · Dividend yield 3.3% · Net margin −0.4% · Return on equity −18.2% · Return on assets (EBIT) 11.5% · Operating margin 0.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 13 out of 100 (low confidence).
What moves the price
The share trades about 52% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −17% fair-value upside, at 28%, SKYMD screens cheaper than that median.
Fair Value models
Bear10.90 TRYFair Value 12.18 TRYBull13.33 TRY
Price 9.50 TRY · Upside +28.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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.
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.33/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−13.7%
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.
−5.4%
Revenue growth 5 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.
+11.6%
Start year 2021 (pandemic)
’21
’22
’23
’24
’25
’26
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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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.Capital Markets · 460 stocks
Beats the industry median on 5/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score38 · Bottom 25%
Fair Value upside+28.2% · Above median
Profitability
Return on assets−3.7% · Bottom 25%
Net margin (12 months)−0.4% · Bottom 25%
Operating margin (12 months)0.3% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)31.2% · Above median
Dividend yield (12 months)3.3% · Above median
Valuation Multiplesvs Capital Markets median · lower = cheaper
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). "SEKER YATIRIM Fair Value". https://www.fairvalue-calculator.com/stock/SKYMD
Frequently asked questions
Is SEKER YATIRIM (SKYMD) overvalued or undervalued?
As of Oct 29, 2026, our model estimates a fair value of 12.18 TRY versus a price of 9.50 TRY, about +28% upside (undervalued).
What is the fair value of SKYMD?
Our model-based fair value for SEKER YATIRIM is 12.18 TRY (as of Oct 29, 2026), built from audited fundamentals. The current price: 9.50 TRY.
What is the quality score of SKYMD?
SEKER YATIRIM has a Quality Score of 38/100. 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 SEKER YATIRIM (SKYMD)?
Our model-based price target is the fair value of 12.18 TRY (as of Oct 29, 2026) from 6 valuation models. Cautious scenario 10.90 TRY, optimistic scenario 13.33 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the SEKER YATIRIM stock forecast for 2026?
Our models put fair value at 12.18 TRY, about +28% upside versus a price of 9.50 TRY (undervalued). Cautious scenario 10.90 TRY, optimistic scenario 13.33 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of SEKER YATIRIM (SKYMD)?
SEKER YATIRIM reported trailing-twelve-month revenue of about 54.1B TRY (latest available figure, as of Oct 29, 2026).
Does SEKER YATIRIM pay a dividend?
SEKER YATIRIM currently shows a dividend yield of 3.35% relative to its recent price (as of Oct 29, 2026).
What is the intrinsic value of SEKER YATIRIM (SKYMD)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SEKER YATIRIM it is 12.18 TRY per share (as of Oct 29, 2026), against a price of 9.50 TRY. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is SEKER YATIRIM stock overvalued or undervalued in 2026?
As of Oct 29, 2026, SKYMD trades below its calculated fair value: price 9.50 TRY, fair value 12.18 TRY, a gap of about +28% (undervalued). 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 SKYMD?
No. The price is what the market pays today (9.50 TRY); the fair value is what the company's own numbers justify (12.18 TRY). For SEKER YATIRIM the two are 2.68 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is SEKER YATIRIM worth?
The market values SEKER YATIRIM at about 1.5B TRY (market capitalisation, as of Oct 29, 2026). Per share that is 9.50 TRY; our models calculate a fair value of 12.18 TRY per share.
What do the bullish and bearish scenarios say about SKYMD?
Our models span a range for SEKER YATIRIM: cautious scenario 10.90 TRY, base 12.18 TRY, optimistic 13.33 TRY per share (as of Oct 29, 2026, price 9.50 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of SEKER YATIRIM (SKYMD)?
Balance-sheet figures for SEKER YATIRIM (as of Oct 29, 2026): return on equity −18.2%. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is SKYMD from its 52-week high?
SEKER YATIRIM trades at 9.50 TRY, about 52% below its 52-week high of 19.90 TRY and 7% above the low of 8.87 TRY (as of Oct 28, 2026). Distance from the high says nothing about value: that is what the fair value of 12.18 TRY is for.
Which stocks are comparable to SEKER YATIRIM?
From the same area (Financial Services) we also value Morgan Stanley, a financial holding company,, The Goldman Sachs Group, The Charles Schwab Corporation, Interactive Brokers Group, 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 SEKER YATIRIM stock attractive at the current price?
The data as of Oct 29, 2026: price 9.50 TRY, calculated fair value 12.18 TRY (+28%), Quality Score 38/100, from 6 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 SKYMD calculated?
We run SEKER YATIRIM through 6 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 12.18 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 13.1 % above its aggregate fair value. SEKER YATIRIM currently trades 22 % below its own fair value, and the market average says nothing about that. 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 SEKER YATIRIM (SKYMD)?
The closing price on Oct 28, 2026 was 9.50 TRY. Our model-based fair value is 12.18 TRY, about +28% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SEKER YATIRIM right now?
The price is below even our cautious bear case (10.90 TRY). The market is more pessimistic than our downside scenario. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of SEKER YATIRIM
How large is the market capitalisation of SEKER YATIRIM (SKYMD)?
The market capitalisation of SEKER YATIRIM is 1.5B TRY (≈ $29.5M). 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 SEKER YATIRIM (SKYMD)?
The price-to-sales ratio of SEKER YATIRIM is 0.03 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of SEKER YATIRIM (SKYMD)?
Earnings per share at SEKER YATIRIM are −1.66 TRY. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of SEKER YATIRIM (SKYMD)?
The dividend yield of SEKER YATIRIM is 3.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of SEKER YATIRIM (SKYMD)?
The net margin of SEKER YATIRIM is −0.4% (last twelve months). 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 SEKER YATIRIM (SKYMD)?
The return on equity (ROE) of SEKER YATIRIM is −18.2% (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 SEKER YATIRIM (SKYMD)?
On an EBIT basis the return on assets of SEKER YATIRIM is 11.5% (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 SEKER YATIRIM (SKYMD)?
The operating margin of SEKER YATIRIM is 0.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at SEKER YATIRIM (SKYMD)?
Revenue at SEKER YATIRIM is growing +31.2% versus a year earlier (3y avg −5.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does SEKER YATIRIM (SKYMD) generate?
The free cash flow of SEKER YATIRIM is −79.3M TRY (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does SEKER YATIRIM (SKYMD) carry?
The net debt of SEKER YATIRIM is 306M TRY (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Oct 29, 2026