Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S., (TRENJ) Fair Value & Analysis
Basic Materials · TR · Market cap 23.6B TRY
Fair value as of: Aug 2, 2026
From 23 valuation models · updated today
Share price +2.3% over the past month.
A solid business, currently priced close to our fair value.
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- A fairly wide model range (59.29 TRY to 118.26 TRY) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.
How to read this chart
60‑month range 11.07 TRY – 122.00 TRY · fair‑value band 59.29 TRY – 118.26 TRY · the 90.95 TRY price screens above the 88.68 TRY fair value. Dashed = 300-day average. As of Aug 2, 2026.
Analysis
Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S., (TRENJ) currently trades at 90.95 TRY, while our model-based Fair Value estimate is 88.68 TRY, implying the stock looks roughly 2.5% fairly valued today. We read business quality at 60/100 (solid quality), in the Basic Materials 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: medium).
Over the trailing twelve months, Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S., generated revenue of 20.9B TRY at a net margin of 5.3%. Revenue grew 55.8% year over year. It earns a return on equity of 10.5%. The stock trades on a trailing P/E of 21.4. Fundamentals as of Aug 2, 2026
Our scenario range runs from 59.29 TRY (bear case) to 118.26 TRY (bull case); at 90.95 TRY, the current price sits within that range. The share trades about 26% below its 52-week high and 79% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 16% fair-value upside, at -3%, TRENJ screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 23 models by family
Widest divergence: DCF Models (239.39 TRY) versus Asset-Based (31.93 TRY). Highest evidence: Growth DCF (72).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 60
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
Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S., together with its subsidiaries, engages in the research, development, and production of oil, natural gas, and energy and energy resources in Turkey. It is involved in construction; air transportation; tourism and hotel management; and food and livestock businesses.
Full company description
Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S., together with its subsidiaries, engages in the research, development, and production of oil, natural gas, and energy and energy resources in Turkey. It is involved in construction; air transportation; tourism and hotel management; and food and livestock businesses. Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S. was formerly known as Ipek Matbaacilik Sanayi ve Ticaret Anonim Sirketi and changed its name to Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S. in June 2011. The company was incorporated in 1968 and is based in Ankara, Turkey. Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S. operates as a subsidiary of Koza Holding A.S.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S., reported revenue of 17.7B TRY in FY2025 versus 4.2B TRY in FY2021, a compound +43.7%/yr. Reported net income was 706M TRY in FY2025, compounding +1.7%/yr from FY2021.
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Peer Group
Gold · 282 stocks
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.
Valuation Multiples vs Gold median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Gold stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Newmont Corporation NEMCL | $112.00 | $132.73 | +19% |
| Zijin Mining Group 601899 | ¥28.36 | ¥30.58 | +8% |
| Agnico Eagle Mines Limited AEM | $136.97 | $151.68 | +11% |
| Barrick Mining Corporation B | $34.93 | $50.66 | +45% |
| Wheaton Precious Metals Corp WPM | C$152.57 | C$52.47 | -66% |
| Franco-Nevada Corporation FNV | C$284.75 | C$97.76 | -66% |
| AngloGold Ashanti plc AU | $76.35 | $88.63 | +16% |
| Gold Fields Limited GFI | $33.33 | $59.06 | +77% |
| Zijin Gold International Company 2259 | HK$94.30 | HK$83.81 | -11% |
| Kinross Gold Corporation KGC | $22.57 | $34.62 | +53% |
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Frequently asked questions
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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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