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TGS Dis Ticaret Anonim Sirketi (TGSAS) Fair Value & Analysis

Industrials · TR · Market cap 2.8B TRY

TD TGS Dis Ticaret Anonim Sirketi TGSAS · IS
Price187.30 TRY
Fair Value97.20 TRY
Upside-48.1%
Quality50/100
Expensive Growth
Highly profitable · 23.1% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/12)
Wide moat 74/100
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Evidence: High Range 72.90 TRY – 350.14 TRY Share as image

Fair value as of: Aug 1, 2026

From 16 valuation models · updated today

Share price +1.8% over the past month.

What matters now

  • The model range is unusually wide (72.90 TRY to 350.14 TRY). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (12 months)

256.50 TRY 157.20 TRY Fair Value 97.20 TRY Aug 2025 Jul 2026

12‑month range 157.20 TRY – 256.50 TRY · fair‑value band 72.90 TRY – 350.14 TRY · the 187.30 TRY price screens above the 97.20 TRY fair value. As of Aug 1, 2026.

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Analysis

TGS Dis Ticaret Anonim Sirketi (TGSAS) currently trades at 187.30 TRY, while our model-based Fair Value estimate is 97.20 TRY, implying the stock looks roughly 48.1% overvalued today. We read business quality at 50/100 (solid quality), in the Industrials 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: high).

Over the trailing twelve months, TGS Dis Ticaret Anonim Sirketi generated revenue of 241M TRY at a net margin of 23.1%. Revenue grew 6.3% year over year. It earns a return on equity of 18.0%. Net debt stands at 2.8M TRY. Fundamentals as of Aug 1, 2026

Our scenario range runs from 72.90 TRY (bear case) to 350.14 TRY (bull case); at 187.30 TRY, the current price sits within that range. The share trades about 27% below its 52-week high and 27% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -47% fair-value upside, at -48%, TGSAS screens richer than that median.

Key figures & financial health

Revenue (TTM) 241M TRY
Revenue growth (YoY) +6.3%
Net margin 23.1%
Return on equity 18.0%
Free cash flow −24.3M TRY FY2025
P/E ratio 52.2
More key figures
Operating margin 52.3%
EPS (TTM) 3.59 TRY
EPS growth (YoY) -90.5%
Net debt 2.8M TRY FY2018

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

Quality Score breakdown

Overall quality 50/100
Profitability 44
Quality Growth 59
Cashflow 33
Fin. Strength 40
Investment 33
Low Volatility 57
Momentum 49
52W Momentum 30
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

TGS Dis Ticaret Anonim Sirketi provides intermediary services to exporting companies in Turkey. Its primary activity is to mediate the export activities of the manufacturers and to collect the value-added tax refunds on behalf of its customers due to their export transactions in the textile, mining, and other sectors.

Full company description

TGS Dis Ticaret Anonim Sirketi provides intermediary services to exporting companies in Turkey. Its primary activity is to mediate the export activities of the manufacturers and to collect the value-added tax refunds on behalf of its customers due to their export transactions in the textile, mining, and other sectors. The company was incorporated in 1999 and is headquartered in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TGS Dis Ticaret Anonim Sirketi reported revenue of 236M TRY in FY2025 versus 26.9M TRY in FY2021, a compound +72.2%/yr. Reported net income was 90.4M TRY in FY2025, compounding +60.8%/yr from FY2021.

Revenue +72.2%/yr
FY21 26.9M TRY
FY22 65.8M TRY
FY23 177M TRY
FY24 208M TRY
FY25 236M TRY
Net income +60.8%/yr
FY21 13.5M TRY
FY22 21.2M TRY
FY23 34.1M TRY
FY24 117M TRY
FY25 90.4M TRY

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Cite: Fair Value Calculator (2026). "TGS Dis Ticaret Anonim Sirketi Fair Value". https://www.fairvalue-calculator.com/stock/TGSAS

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 / 24
FUTURE 32 / 19
PAST 72 / 35
HEALTH 100 / 90
DIVIDEND 0 / 30

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

Stock Price Fair Value vs Fair Value
W.W. Grainger, Inc GWW $1,289 $505.02 -61%
Fastenal Company FAST $47.16 $15.46 -67%
Ferguson Enterprises Inc FERG $230.60 $112.74 -51%
Watsco, Inc W1SO34 R$74.97 R$45.20 -40%
WESCO International, Inc WCC $354.31 $253.78 -28%
Toromont Industries Ltd TMTNY $32.93 $17.32 -47%
Diploma PLC DPMAY $23.45 $9.58 -59%
Applied Industrial Technologies, Inc AIT $313.67 $168.94 -46%
Indutrade AB IDDWF $26.45 $15.35 -42%
Finning International Inc FTT C$102.38 C$53.63 -48%

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Frequently asked questions

Is TGS Dis Ticaret Anonim Sirketi (TGSAS) overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 97.20 TRY versus a price of 187.30 TRY, about −48% (overvalued).
What is the fair value of TGSAS?
Our model-based fair value for TGS Dis Ticaret Anonim Sirketi is 97.20 TRY (as of Aug 1, 2026), built from audited fundamentals. The current price is 187.30 TRY.
What is the quality score of TGSAS?
TGS Dis Ticaret Anonim Sirketi has a Quality Score of 50/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TGS Dis Ticaret Anonim Sirketi (TGSAS)?
TGS Dis Ticaret Anonim Sirketi reported trailing-twelve-month revenue of about 241M TRY (latest available figure, as of Aug 1, 2026).
What is the net profit margin of TGSAS?
The net profit margin of TGS Dis Ticaret Anonim Sirketi is about 23.1%, meaning it keeps roughly 23.1% of revenue as net income. 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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