Tureks Turizm Tasimacilik AS (TUREX) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Tureks Turizm Tasimacilik AS TRY 12.69, price TRY 6.00, upside +111.5%, quality 46 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Tureks Turizm Tasimacilik Anonim Sirketi engages in group transportation, and fleet and individual vehicle rental activities in Turkey. The company offers personnel, students, and public transportation, as well as fleet leasing and tourism services.
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Tureks Turizm Tasimacilik Anonim Sirketi engages in group transportation, and fleet and individual vehicle rental activities in Turkey. The company offers personnel, students, and public transportation, as well as fleet leasing and tourism services. It is also involved in special purpose projects, such as mobile coordination, mobile nursery, mobile kitchen, mobile health, mobile health screening, and mobile rally vehicles. The company was incorporated in 2002 and is based in Istanbul, Turkey.
Stock analysis
Tureks Turizm Tasimacilik AS (TUREX) currently trades at 6.00 TRY, while our model-based Fair Value estimate is 12.69 TRY, implying the stock looks roughly 52.7% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 28.59 TRY per share, and 11 of the 14 models we run sit above the 6.00 TRY price.
Bear case: the Asset-Based group reads lowest at 3.28 TRY, and 3 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: 9.44 TRY (bear) to 15.94 TRY (bull), the price of 6.00 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 46/100 (below-average quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Tureks Turizm Tasimacilik AS reported revenue of 4.8B TRY in FY2023 versus 469M TRY in FY2019, a compound +78.7%/yr. Reported net income was 675M TRY in FY2023, compounding +93.5%/yr from FY2019.
Key figures
Market cap 6.5B TRY (≈ $132M) · P/E ratio 2.3 · P/S ratio 0.32 · EPS (TTM) 2.64 TRY · Net margin 14.1% · Return on equity 6.8% · Return on assets (EBIT) 17.0% · Operating margin 15.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 38% below its 52-week high and 21% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −18% fair-value upside, at 112%, TUREX screens cheaper than that median.
Fair Value models
Bear 9.44 TRYFair Value 12.69 TRYBull 15.94 TRY
Price 6.00 TRY · Upside +111.5%
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.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.
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.44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+97.0%
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.
+116.8%
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.
+66.5%
’18
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’20
’21
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’23
What shareholders gained per year (last 5 years), in TRY ⓘ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. 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.
+17.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+17.7%
Dividend (yield on the price)0.0%
Profit margin 2018 to 2023 ⓘ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.10% → 17%
Compare Tureks Turizm Tasimacilik AS with another stock
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.Railroads · 107 stocks
Beats the industry median on 5/9 measures
A mixed picture versus its industry peers.
Valuation
Quality Score46 · Bottom 25%
Fair Value upside+111.5% · Top 25%
Profitability
Return on equity (TTM)6.8% · Below median
Return on assets8.3% · Top 25%
Net margin (TTM)6.4% · Below median
Operating margin (TTM)15.1% · Above median
Growth and dividend
Revenue growth−4.5% · Bottom 25%
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Railroads 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). "Tureks Turizm Tasimacilik AS Fair Value". https://www.fairvalue-calculator.com/stock/TUREX
Frequently asked questions
Is Tureks Turizm Tasimacilik AS (TUREX) overvalued or undervalued?
As of Oct 4, 2026, our model estimates a fair value of 12.69 TRY versus a price of 6.00 TRY, about +112% upside (undervalued).
What is the fair value of TUREX?
Our model-based fair value for Tureks Turizm Tasimacilik AS is 12.69 TRY (as of Oct 4, 2026), built from audited fundamentals. The current price: 6.00 TRY.
What is the quality score of TUREX?
Tureks Turizm Tasimacilik AS has a Quality Score of 46/100. 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 Tureks Turizm Tasimacilik AS (TUREX)?
Our model-based price target is the fair value of 12.69 TRY (as of Oct 4, 2026) from 14 valuation models. Cautious scenario 9.44 TRY, optimistic scenario 15.94 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Tureks Turizm Tasimacilik AS stock forecast for 2026?
Our models put fair value at 12.69 TRY, about +112% upside versus a price of 6.00 TRY (undervalued). Cautious scenario 9.44 TRY, optimistic scenario 15.94 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Tureks Turizm Tasimacilik AS (TUREX)?
Tureks Turizm Tasimacilik AS reported trailing-twelve-month revenue of about 8.0B TRY (latest available figure, as of Oct 4, 2026).
What is the intrinsic value of Tureks Turizm Tasimacilik AS (TUREX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tureks Turizm Tasimacilik AS it is 12.69 TRY per share (as of Oct 4, 2026), against a price of 6.00 TRY. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Tureks Turizm Tasimacilik AS stock overvalued or undervalued in 2026?
As of Oct 4, 2026, TUREX trades below its calculated fair value: price 6.00 TRY, fair value 12.69 TRY, a gap of about +112% (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 TUREX?
No. The price is what the market pays today (6.00 TRY); the fair value is what the company's own numbers justify (12.69 TRY). For Tureks Turizm Tasimacilik AS the two are 6.69 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Tureks Turizm Tasimacilik AS worth?
The market values Tureks Turizm Tasimacilik AS at about 6.5B TRY (market capitalisation, as of Oct 4, 2026). Per share that is 6.00 TRY; our models calculate a fair value of 12.69 TRY per share.
What do the bullish and bearish scenarios say about TUREX?
Our models span a range for Tureks Turizm Tasimacilik AS: cautious scenario 9.44 TRY, base 12.69 TRY, optimistic 15.94 TRY per share (as of Oct 4, 2026, price 6.00 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TUREX?
Tureks Turizm Tasimacilik AS trades at a price-to-earnings ratio of 2.3 (as of Oct 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 12.69 TRY is built from several models across several years.
How solid is the balance sheet of Tureks Turizm Tasimacilik AS (TUREX)?
Balance-sheet figures for Tureks Turizm Tasimacilik AS (as of Oct 4, 2026): return on equity 6.8%, debt of 0.03 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is TUREX from its 52-week high?
Tureks Turizm Tasimacilik AS trades at 6.00 TRY, about 38% below its 52-week high of 9.72 TRY and 21% above the low of 4.95 TRY (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 12.69 TRY is for.
Which stocks are comparable to Tureks Turizm Tasimacilik AS?
From the same area (Industrials) we also value Union Pacific Corporation, CSX Corporation, Canadian Pacific Kansas City Limited, Canadian National Railway Company, 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 Tureks Turizm Tasimacilik AS stock attractive at the current price?
The data as of Oct 4, 2026: price 6.00 TRY, calculated fair value 12.69 TRY (+112%), Quality Score 46/100, from 14 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 TUREX calculated?
We run Tureks Turizm Tasimacilik AS through 14 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 12.69 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 15.0 % above its aggregate fair value. Tureks Turizm Tasimacilik AS currently trades 53 % 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 Tureks Turizm Tasimacilik AS (TUREX)?
The closing price on Oct 2, 2026 was 6.00 TRY. Our model-based fair value is 12.69 TRY, about +112% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tureks Turizm Tasimacilik AS right now?
The price is below even our cautious bear case (9.44 TRY). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Tureks Turizm Tasimacilik AS
How large is the market capitalisation of Tureks Turizm Tasimacilik AS (TUREX)?
The market capitalisation of Tureks Turizm Tasimacilik AS is 6.5B TRY (≈ $132M). 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 Tureks Turizm Tasimacilik AS (TUREX)?
The price-to-sales ratio of Tureks Turizm Tasimacilik AS is 0.32 (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 Tureks Turizm Tasimacilik AS (TUREX)?
Earnings per share at Tureks Turizm Tasimacilik AS are 2.64 TRY (price ÷ EPS = P/E 2.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Tureks Turizm Tasimacilik AS (TUREX)?
The net margin of Tureks Turizm Tasimacilik AS is 14.1% (fiscal year 2023). 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 Tureks Turizm Tasimacilik AS (TUREX)?
The return on equity (ROE) of Tureks Turizm Tasimacilik AS 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 Tureks Turizm Tasimacilik AS (TUREX)?
On an EBIT basis the return on assets of Tureks Turizm Tasimacilik AS is 17.0% (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 Tureks Turizm Tasimacilik AS (TUREX)?
The operating margin of Tureks Turizm Tasimacilik AS is 15.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tureks Turizm Tasimacilik AS (TUREX)?
Revenue at Tureks Turizm Tasimacilik AS is growing −4.5% versus a year earlier (3y avg +117%). 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 Tureks Turizm Tasimacilik AS (TUREX)?
Earnings per share at Tureks Turizm Tasimacilik AS are growing −36.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Tureks Turizm Tasimacilik AS (TUREX) generate?
The free cash flow of Tureks Turizm Tasimacilik AS is −249M TRY (fiscal year 2023). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Tureks Turizm Tasimacilik AS (TUREX) carry?
The net debt of Tureks Turizm Tasimacilik AS is 325M TRY (fiscal year 2023). 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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