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Turkcell Iletisim Hizmetleri A.S. (TCELL) fair value: what the stock is really worth

As of Sep 25, 2026: fair value of Turkcell Iletisim Hizmetleri A.S. TRY 166, price TRY 99.95, upside +66.1%, quality 49 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

Fair value above price? Yes
Good quality? No
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Communication Services · TR · ISIN TRATCELL91M1

TI Broad data Sep 27, 2026

Turkcell Iletisim Hizmetleri A.S.

TCELL · IS

Cheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.

✓Fair value 165.97 TRY · Strongly undervalued (+66.1%)

!Quality 49/100

!Mixed Growth (revenue 5y +54.1 %/yr)

!Thin margins · 7.2% net margin (TTM)

✓Low debt · generates free cash flow

✓Ranks above peers (10/15)

!Narrow moat 39/100

!Weak on future: 13 out of 100

!Weak on past: 27 out of 100

26 models, one by oneBear 122.63 TRY to bull 223.73 TRY Growth analysisrevenue history, year by year Quality 49/100 in detail37 factors, each one shown Compared with its peersrank on every measure, side by side

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What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.

How to read this chart

60‑month range 12.78 TRY – 127.50 TRY · fair‑value band 122.63 TRY – 223.73 TRY · the 99.95 TRY price screens below the 165.97 TRY fair value. Dashed = 300-day average. As of Sep 27, 2026.

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Company profile

Turkcell Iletisim Hizmetleri A.S., together with its subsidiaries, engages in establishing and operating a global system for mobile communications (GSM) network in Turkey, Belarus, Turkish Republic of Northern Cyprus, Germany, and the Netherlands. It operates through the Turkcell Turkiye, Turkcell International, and Techfin segments. The company is involved in information technology, value added GSM, and entertainment investment, as well as research and development, digital and insurance agency, property investments, electricity energy trade, and wholesale and retail electricity sales activities. It also provides telecommunications, television, and content; digitalization; sales, delivery, and digital sales; consumer financing; cloud solutions; online radio, television, and on-demand streaming; telecommunications infrastructure; electronic payment; and develop software products and services. In addition, the company offers customer relations and human resources management; directory assistance; payment services and e-money; internet search engine and browser; venture capital investment fund; meal coupons and cards; data processing; data center and cloud; programming and technical support; and digital education services. Further, it provides training software developers. Turkcell Iletisim Hizmetleri A.S. was incorporated in 1993 and is headquartered in Istanbul, Turkey.

Stock analysis

Turkcell Iletisim Hizmetleri A.S., (TCELL) currently trades at 99.95 TRY, while our model-based Fair Value estimate is 165.97 TRY, implying the stock looks roughly 39.8% undervalued today.

Valuation

Bull case: the Growth Earnings group reads highest at a median of 522.66 TRY per share, and 23 of the 26 models we run sit above the 99.95 TRY price.

Bear case: the Dividend Discount group reads lowest at 50.83 TRY, and 3 of the 26 models stay below the price. Evidence for this calculation is high.

Scenario range: 122.63 TRY (bear) to 223.73 TRY (bull), the price of 99.95 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 49/100 (below-average quality), in the Communication Services sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Turkcell Iletisim Hizmetleri A.S., reported revenue of 218B TRY in FY2024 versus 29.1B TRY in FY2020, a compound +65.5%/yr. Reported net income was 30.8B TRY in FY2024, compounding +64.2%/yr from FY2020.

Key figures

Market cap 218B TRY (≈ $4.4B) · P/E ratio 12.2 · P/S ratio 1.72 · EPS (TTM) 8.21 TRY · Dividend yield 3.4% · Net margin 14.1% · Return on equity 6.8% · Return on assets (EBIT) 11.0%.

What moves the price

The share trades about 22% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Communication Services peers we cover trades at 47% fair-value upside, at 66%, TCELL screens cheaper than that median.

Fair Value models

Bear 122.63 TRY Fair Value 165.97 TRY Bull 223.73 TRY

Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2024 figures (about 12 months old). Earnings retained since then (8.21 TRY per share) are deliberately not added. 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. Evidence ⓘEvidence = 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.

Highest evidence

FCF DCF 198.04 TRY 299.88 TRY 617.40 TRY 76

Growth DCF 186.54 TRY 327.92 TRY 604.60 TRY 75

EPV 123.77 TRY 141.84 TRY 157.43 TRY 74

All 26 models by family

DCF Models

FCF DCF 198.04 TRY 299.88 TRY 617.40 TRY 76

Owner Earnings 287.56 TRY 625.96 TRY 1,310 TRY 71

5Y Revenue Exit 163.97 TRY 276.42 TRY 511.71 TRY 69

5Y EBITDA Exit 301.03 TRY 553.49 TRY 1,050 TRY 71

5Y P/E Exit 235.62 TRY 525.78 TRY 923.03 TRY 67

10Y Revenue Exit 171.04 TRY 361.84 TRY 482.54 TRY 66

10Y EBITDA Exit 274.34 TRY 650.22 TRY 1,322 TRY 63

10Y P/E Exit 227.68 TRY 512.59 TRY 984.89 TRY 60

Earnings-Based

Graham-Dodd 96.20 TRY 670.89 TRY 941.49 TRY 63

Lynch FV 291.54 TRY 416.49 TRY 541.44 TRY 61

PEG = 1.0 291.54 TRY 416.49 TRY 541.44 TRY 57

EPV 123.77 TRY 141.84 TRY 157.43 TRY 74

Dividend Discount

Gordon GGM 29.52 TRY 58.81 TRY 89.06 TRY 67

DDM Multi-Stage 29.52 TRY 50.83 TRY 62.08 TRY 67

Multiples

P/E Multiple 233.43 TRY 311.24 TRY 389.05 TRY 63

P/S Multiple 180.38 TRY 240.50 TRY 300.63 TRY 58

P/B Multiple 180.38 TRY 240.50 TRY 300.63 TRY 55

EV/EBIT 177.18 TRY 233.14 TRY 289.09 TRY 66

EV/EBITDA 331.33 TRY 438.67 TRY 546.01 TRY 67

EV/Revenue 136.61 TRY 191.17 TRY 245.73 TRY 54

Asset-Based

NCAV (Graham) 42.95 TRY 57.56 TRY 85.90 TRY 54

Growth DCF

Growth DCF 186.54 TRY 327.92 TRY 604.60 TRY 75

Rev-Margin DCF 172.36 TRY 314.82 TRY 596.85 TRY 69

Economic Profit

Residual Income 90.29 TRY 120.76 TRY 197.92 TRY 74

ROIC Compounder 157.55 TRY 221.55 TRY 266.87 TRY 72

Growth Earnings

Growth-Adj P/E 365.86 TRY 522.66 TRY 679.46 TRY 67

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Quality Score breakdown

Overall quality 49/100

Of which business quality 53 · Market factors (momentum, volatility) 47

Profitability 51

Margins and returns on capital today

Quality Growth 50

Are margins and returns improving?

Cashflow 58

Earnings quality: real cash, not paper profit

Fin. Strength 62

Balance sheet, leverage, solvency risk

Investment 0

Disciplined investing over empire-building

Low Volatility 74

Calm price path (market factor)

Momentum 37

Price trend over the last 3–12 months (market factor)

52W Momentum 32

Distance to the 52-week high (market factor)

Net Issuance 83

Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

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. 62/100

Revenue is growing, but margins or cash flow do not fully confirm the trend.

Revenue growth 1 year

+7.8%

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.

+82.5%

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.

+54.1%

Revenue growth 24 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.

+21.1%

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What shareholders gained per year (last 5 years), in TRY (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in TRY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.

+67.7%

Earnings growth per share plus dividend.

Earnings per share, growth per year+64.3%

Dividend (yield on the price)3.4%

Profit margin 2019 to 2024 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.21% → 14%

2024 sits 179% above its own trend. The rate follows the median trend of the last 5 years, not that single year.

Growth Forecast

Price in line with expectations

The price assumes less growth than the company has delivered so far and about what analysts expect.

What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).

+17.2%

Yearly growth needed for the next five years to justify today's price.

What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.

+18.7%

Yearly sales growth analysts expect, extended to five years.

After inflation (Turkey: IMF forecast 19.3% a year to 2030, 28.5% from 2016 to 2025) that is about −1.7% a year for the price and −0.5% for the forecasts.

Forecast 2025 (sales)+20.4%

Forecast 2026 (sales)+20.4%

Forecast 2027 (sales)+20.1%

Projected 2028 (sales)+17.5%

Projected 2029 (sales)+14.9%

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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.Telecom Services · 237 stocks

Beats the industry median on 10/15 measures

Overall it ranks above its industry peers.

Valuation

Quality Score 49 · Below median

Fair Value upside +66.1% · Top 25%

Profitability

Return on equity (TTM) 6.8% · Below median

Return on assets 4.2% · Above median

Net margin (TTM) 7.2% · Above median

Operating margin (TTM) 12.9% · Above median

Growth and dividend

Revenue growth 2.5% · Below median

Dividend yield (TTM) 3.4% · Below median

Balance sheet

Debt / equity 0.26× · Below median

Valuation Multiplesvs Telecom Services median · lower = cheaper

P/E (TTM) 12.2× · Cheaper than median

P/B 1.16× · Cheaper than median

P/S (TTM) 0.87× · Cheaper than median

P/FCF 0.4× · Cheapest 25%

EV/EBITDA 3.6× · Cheapest 25%

PEG 1.63× · Pricier than median

Strength profile in five axes (Snowflake)

This stock

Sector peers

VALUE (fair-value potential)100 · sector 37

FUTURE (revenue growth)13 · sector 19

PAST (return on equity)27 · sector 30

HEALTH (low debt)87 · sector 84

DIVIDEND (yield)67 · sector 72

Context: sector, industry, market

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

Similar stocks

10 more Telecom Services stocks, each showing price versus our Fair Value estimate.

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Verizon Communications Inc VZ	$47.08	$70.27	+49%
T-Mobile US, Inc TMUS	$165.43	$272.88	+65%
AT&T Inc T	$25.38	$51.11	+101%
Bharti Airtel Limited BHARTIARTL	₹1,785	₹1,883	+5%
China Telecom Corporation 601728	¥6.16	¥8.36	+36%
América Móvil, S.A. AMX	$22.03	$32.33	+47%
Singapore Telecommunications Limited Z74	4.28 SGD	2.16 SGD	−50%
Swisscom AG SCMN	CHF 657.00	CHF 505.18	−23%
Telstra Group TLS	A$4.78	A$4.43	−7%

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Turkcell Iletisim Hizmetleri A.S., · Fair Value
165.97 TRY +40%Fair Value
Calculator →

<a href="https://www.fairvalue-calculator.com/stock/TCELL" target="_blank" rel="nofollow noopener" style="display:inline-flex;align-items:center;gap:12px;box-sizing:border-box;font-family:system-ui,-apple-system,Segoe UI,Roboto,sans-serif;text-decoration:none;background:#0f1814;color:#eaf2ed;border:1px solid #2a3a30;border-radius:12px;padding:12px 16px;max-width:360px"><span style="line-height:1.35"><span style="font-size:12px;color:#9fb0a8">Turkcell Iletisim Hizmetleri A.S., · Fair Value</span><br><b style="font-size:20px">165.97 TRY</b> <span style="color:var(--fvc-g-mitte);font-weight:700;font-size:14px">+40%</span></span><span style="font-size:11px;color:var(--fvc-g-mitte);font-weight:700;margin-left:auto;text-align:right;line-height:1.3">Fair&nbsp;Value<br>Calculator&nbsp;→</span></a>

Cite: Fair Value Calculator (2026). "Turkcell Iletisim Hizmetleri A.S., Fair Value". https://www.fairvalue-calculator.com/stock/TCELL

Frequently asked questions

Is Turkcell Iletisim Hizmetleri A.S. (TCELL) overvalued or undervalued?

As of Sep 27, 2026, our model estimates a fair value of 165.97 TRY versus a price of 99.95 TRY, about +66% upside (undervalued).

What is the fair value of TCELL?

Our model-based fair value for Turkcell Iletisim Hizmetleri A.S., is 165.97 TRY (as of Sep 27, 2026), built from audited fundamentals. The current price: 99.95 TRY.

What is the quality score of TCELL?

Turkcell Iletisim Hizmetleri A.S., has a Quality Score of 49/100. 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 Turkcell Iletisim Hizmetleri A.S. (TCELL)?

Our model-based price target is the fair value of 165.97 TRY (as of Sep 27, 2026) from 26 valuation models. Cautious scenario 122.63 TRY, optimistic scenario 223.73 TRY. It is a calculation from audited fundamentals, not an analyst target.

What is the Turkcell Iletisim Hizmetleri A.S., stock forecast for 2026?

Our models put fair value at 165.97 TRY, about +66% upside versus a price of 99.95 TRY (undervalued). Cautious scenario 122.63 TRY, optimistic scenario 223.73 TRY. The calculation is refreshed regularly with new filings.

What is the revenue of Turkcell Iletisim Hizmetleri A.S. (TCELL)?

Turkcell Iletisim Hizmetleri A.S., reported trailing-twelve-month revenue of about 249B TRY (latest available figure, as of Sep 27, 2026).

Does Turkcell Iletisim Hizmetleri A.S., pay a dividend?

Turkcell Iletisim Hizmetleri A.S., currently shows a dividend yield of about 3.36% relative to its recent price (as of Sep 27, 2026).

What growth is priced into Turkcell Iletisim Hizmetleri A.S. (TCELL)?

For today's price to be fair in a discounted-cash-flow model, Turkcell Iletisim Hizmetleri A.S., would have to grow free cash flow by +17.2 % per year for five years (discount rate 13.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +54.1 % per year. As of Sep 27, 2026.

What discount rate (WACC) does the fair value of TCELL use?

Our models discount Turkcell Iletisim Hizmetleri A.S., at 13.0 %: a base by market capitalisation (mid), damped by beta 0.66, country premium for Turkey. The same rate applies in all 26 models.

What is a reverse DCF?

A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Turkcell Iletisim Hizmetleri A.S., that is +17.2 % per year a year over ten years, using the same discount rate (13.0 %) and the same formula as our fair value.

How much growth has Turkcell Iletisim Hizmetleri A.S. (TCELL) delivered so far?

Over the past 5 years revenue at Turkcell Iletisim Hizmetleri A.S., grew +54.1 % a year. The price currently implies +17.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.

How fast is the sector of Turkcell Iletisim Hizmetleri A.S. (TCELL) growing?

The median revenue growth in the sector is +1.6 % a year. That is the yardstick for the growth priced into Turkcell Iletisim Hizmetleri A.S., (+17.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.

What is the free cash flow yield of Turkcell Iletisim Hizmetleri A.S. (TCELL)?

The free-cash-flow yield on the price is 5.66 %: that much free cash flow Turkcell Iletisim Hizmetleri A.S., produces per unit of market value. When it exceeds the discount rate of our models (13.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.

What is the intrinsic value of Turkcell Iletisim Hizmetleri A.S. (TCELL)?

Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Turkcell Iletisim Hizmetleri A.S., it is 165.97 TRY per share (as of Sep 27, 2026), against a price of 99.95 TRY. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).

Is Turkcell Iletisim Hizmetleri A.S., stock overvalued or undervalued in 2026?

As of Sep 27, 2026, TCELL trades below its calculated fair value: price 99.95 TRY, fair value 165.97 TRY, a gap of about +66% (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 TCELL?

No. The price is what the market pays today (99.95 TRY); the fair value is what the company's own numbers justify (165.97 TRY). For Turkcell Iletisim Hizmetleri A.S., the two are 66.02 TRY per share apart. That gap is exactly why we show both numbers side by side.

How much is Turkcell Iletisim Hizmetleri A.S., worth?

The market values Turkcell Iletisim Hizmetleri A.S., at about 218B TRY (market capitalisation, as of Sep 27, 2026). Per share that is 99.95 TRY; our models calculate a fair value of 165.97 TRY per share.

What do the bullish and bearish scenarios say about TCELL?

Our models span a range for Turkcell Iletisim Hizmetleri A.S.,: cautious scenario 122.63 TRY, base 165.97 TRY, optimistic 223.73 TRY per share (as of Sep 27, 2026, price 99.95 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.

What is the P/E ratio of TCELL?

Turkcell Iletisim Hizmetleri A.S., trades at a price-to-earnings ratio of 12.2 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 165.97 TRY is built from several models across several years. Other multiples: PEG 1.6, P/B 1.2, P/S 0.9, EV/EBITDA 3.6.

What is the PEG ratio of TCELL?

The PEG ratio of Turkcell Iletisim Hizmetleri A.S., is 1.63 (P/E divided by earnings growth, as of Sep 27, 2026). That is above 1, so the growth is already paid for in the price.

How solid is the balance sheet of Turkcell Iletisim Hizmetleri A.S. (TCELL)?

Balance-sheet figures for Turkcell Iletisim Hizmetleri A.S., (as of Sep 27, 2026): return on equity 6.8%, debt of 0.26 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.

How far is TCELL from its 52-week high?

Turkcell Iletisim Hizmetleri A.S., trades at 99.95 TRY, about 22% below its 52-week high of 127.50 TRY and 12% above the low of 89.17 TRY (as of Sep 25, 2026). Distance from the high says nothing about value: that is what the fair value of 165.97 TRY is for.

Which stocks are comparable to Turkcell Iletisim Hizmetleri A.S.,?

From the same area (Communication Services) we also value China Mobile Limited, Verizon Communications Inc, T-Mobile US, Inc, AT&T Inc, 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 Turkcell Iletisim Hizmetleri A.S., stock attractive at the current price?

The data as of Sep 27, 2026: price 99.95 TRY, calculated fair value 165.97 TRY (+66%), Quality Score 49/100, from 26 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 TCELL calculated?

We run Turkcell Iletisim Hizmetleri A.S., through 26 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 165.97 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 16.1 % above its aggregate fair value. Turkcell Iletisim Hizmetleri A.S., currently trades 66 % 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 Turkcell Iletisim Hizmetleri A.S. (TCELL)?

The closing price on Sep 25, 2026 was 99.95 TRY. Our model-based fair value is 165.97 TRY, about +66% upside (undervalued). We carry closing prices from our data provider, not a live tick.

What should I pay attention to with Turkcell Iletisim Hizmetleri A.S., right now?

The price is below even our cautious bear case (122.63 TRY). The market is more pessimistic than our downside scenario. Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (122.63 TRY to 223.73 TRY) leaves room in how you read the outcome.

Key figures of Turkcell Iletisim Hizmetleri A.S.,

How large is the market capitalisation of Turkcell Iletisim Hizmetleri A.S. (TCELL)?

The market capitalisation of Turkcell Iletisim Hizmetleri A.S., is 218B TRY (≈ $4.4B). 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 Turkcell Iletisim Hizmetleri A.S. (TCELL)?

The price-to-sales ratio of Turkcell Iletisim Hizmetleri A.S., is 1.72 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.

What are the earnings per share of Turkcell Iletisim Hizmetleri A.S. (TCELL)?

Earnings per share at Turkcell Iletisim Hizmetleri A.S., are 8.21 TRY (price ÷ EPS = P/E 12.2). Earnings per share over the last twelve months: total profit spread across every single share.

What is the dividend yield of Turkcell Iletisim Hizmetleri A.S. (TCELL)?

The dividend yield of Turkcell Iletisim Hizmetleri A.S., is 3.4% (payout 40.9%). 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 Turkcell Iletisim Hizmetleri A.S. (TCELL)?

The net margin of Turkcell Iletisim Hizmetleri A.S., is 14.1% (fiscal year 2024). 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 Turkcell Iletisim Hizmetleri A.S. (TCELL)?

The return on equity (ROE) of Turkcell Iletisim Hizmetleri A.S., is 6.8% (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 Turkcell Iletisim Hizmetleri A.S. (TCELL)?

On an EBIT basis the return on assets of Turkcell Iletisim Hizmetleri A.S., is 11.0% (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 Turkcell Iletisim Hizmetleri A.S. (TCELL)?

The operating margin of Turkcell Iletisim Hizmetleri A.S., is 12.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.

How fast is revenue growing at Turkcell Iletisim Hizmetleri A.S. (TCELL)?

Revenue at Turkcell Iletisim Hizmetleri A.S., is growing +2.5% versus a year earlier (3y avg +82.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.

How fast are earnings growing at Turkcell Iletisim Hizmetleri A.S. (TCELL)?

Earnings per share at Turkcell Iletisim Hizmetleri A.S., are growing −5.5% versus a year earlier. How much earnings per share grew versus a year earlier.

How much net debt does Turkcell Iletisim Hizmetleri A.S. (TCELL) carry?

The net debt of Turkcell Iletisim Hizmetleri A.S., is 30.6B TRY (fiscal year 2024, ≈ 2.5 yrs of FCF). 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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