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Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. (VERTU) Fair Value & Analysis

Financial Services · TR · Market cap 1.8B TRY

VG Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. VERTU · IS
Price36.00 TRY
Fair Value72.00 TRY
Upside+100.0%
Quality50/100
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Mixed Growth
Thin margins · 0.0% net margin
negative free cash flow
Trails peers (2/8)
Narrow moat 19/100
Evidence: Low Range 54.00 TRY – 90.00 TRY Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 2.70 TRY to 72.00 TRY (+2,566.7%) since Aug 2, 2026. Share price −12.9% over the past month.

A solid business, screening 100% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (54.00 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 (50/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

62.50 TRY 18.87 TRY Fair Value 72.00 TRY Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 18.87 TRY – 62.50 TRY · fair‑value band 54.00 TRY – 90.00 TRY · the 36.00 TRY price screens below the 72.00 TRY fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. (VERTU) currently trades at 36.00 TRY, while our model-based Fair Value estimate is 72.00 TRY, implying the stock looks roughly 100.0% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at 6.4M TRY. Revenue grew 41.7% year over year. It earns a return on equity of -1.1%. Fundamentals as of Aug 13, 2026

Our scenario range runs from 54.00 TRY (bear case) to 90.00 TRY (bull case); at 36.00 TRY, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 44% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -33% fair-value upside, at 100%, VERTU screens cheaper 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.

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. Evidence
Highest evidence
P/B Multiple 57.14 TRY 76.18 TRY 95.23 TRY 55
NCAV (Graham) 44.81 TRY 60.05 TRY 89.63 TRY 50
All 2 models by family
Multiples
P/B Multiple 57.14 TRY 76.18 TRY 95.23 TRY 55
Asset-Based
NCAV (Graham) 44.81 TRY 60.05 TRY 89.63 TRY 50

Widest divergence: Multiples (76.18 TRY) versus Asset-Based (60.05 TRY). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) 6.4M TRY
Revenue growth (YoY) +41.7%
Return on equity -1.1%
Free cash flow −10.9M TRY FY2025
EPS (TTM) -0.8600 TRY
EPS growth (YoY) +234%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 50 · Market factors (momentum, volatility) 33

Profitability 0
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 59
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 88
Buybacks instead of dilution

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

Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. is a private equity and venture capital firm specializing in bridge financing, recapitalizations, and growth capital investments. It prefers to invest in incubation, seed, startup ,early-mid-late venture, emerging growth, middle market, mature, turnaround, and later stage companies.

Full company description

Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. is a private equity and venture capital firm specializing in bridge financing, recapitalizations, and growth capital investments. It prefers to invest in incubation, seed, startup ,early-mid-late venture, emerging growth, middle market, mature, turnaround, and later stage companies. The firm typically invests in following sectors: renewable energy, telecom, logistics, energy, technology and software, food, manufacturing, and mining. The firm prefers to invest in companies based in Turkey. The firm prefers to invest through its balance sheet investments. Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. was founded in January 09, 2012 and is based in Istanbul, Turkey. Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. operates as a subsidiary of Verusa Holding A.S.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. reported revenue of 0 TRY in FY2025 versus −223K TRY in FY2021. Reported net income was −247M TRY in FY2025.

Growth Quality 33/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2023)
159M TRY
Avg. growth/yr (3Y) 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.
+288.3%
Avg. growth/yr (5Y) 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.
+31.1%
Avg. growth/yr (11Y) 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.
+15.1%
Revenue
FY21 −223K TRY
FY22 0 TRY
FY23 159M TRY
FY24 0 TRY
FY25 0 TRY
Net income
FY21 1.2B TRY
FY22 2.2B TRY
FY23 −5.0B TRY
FY24 −238M TRY
FY25 −247M TRY

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Cite: Fair Value Calculator (2026). "Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. Fair Value". https://www.fairvalue-calculator.com/stock/VERTU

Peer Group

Asset Management · 690 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.

Quality Score 49 · Below median
Fair Value upside +100% · Top 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 42% · Top 25%

Valuation Multiples vs Asset Management median · lower = cheaper

P/S (TTM) 5.98× · Pricier than median

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 100 · sector 36
FUTURE 100 · sector 14
PAST 0 · sector 24
HEALTH 0 · sector 95
DIVIDEND 0 · sector 68

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 Asset Management stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
BlackRock, Inc BLK $1,161 $465.75 -60%
Blackstone Inc BX $146.41 $52.88 -64%
Investor AB INVEB kr 417.90 kr 835.80 +100%
AB Industrivärden INDUA kr 544.00 kr 375.93 -31%
ICICIAMC ICICIAMC ₹3,077 ₹1,132 -63%
Jio Financial Services Limited JIOFIN ₹256.05 ₹171.84 -33%
Hedef Holding HEDEF 267.25 TRY 321.44 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹11,579 ₹11,257 -3%
HDFC Asset Management Company HDFCAMC ₹2,490 ₹866.78 -65%
Nippon Life Asset Management Limited NAMINDIA ₹1,182 ₹311.00 -74%

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Frequently asked questions

Is Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. (VERTU) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 72.00 TRY versus a price of 36.00 TRY, about +100% (undervalued).
What is the fair value of VERTU?
Our model-based fair value for Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. is 72.00 TRY (as of Aug 13, 2026), built from audited fundamentals. The current price is 36.00 TRY.
What is the quality score of VERTU?
Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. has a Quality Score of 50/100. 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 revenue of Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. (VERTU)?
Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. reported trailing-twelve-month revenue of about 6.4M TRY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of VERTU?
The net profit margin of Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. is about 0.0%, meaning it keeps roughly 0.0% 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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