EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO) fair value: what the stock is really worth

As of Sep 25, 2026: fair value of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi TRY 0.81, price TRY 1.26, upside -35.7%, quality 28 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Real Estate · TR

VK Thin data Sep 24, 2026

Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi

VRGYO · IS

Weakest SetupStrongly overvalued and low quality.

!Fair value 0.8100 TRY · Strongly overvalued (−35.7%)
!Quality 28/100
!Mixed Growth (revenue 3y +854.8 %/yr)
!negative free cash flow
!Trails peers (2/8)
!Narrow moat 4/100
!Evidence only low, so the estimate is less certain
Watch Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

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

Price vs Fair Value

15.44 TRY 1.15 TRY Fair Value 0.8100 TRY Oct 2023 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

35‑month range 1.15 TRY – 15.44 TRY · fair‑value band 0.5100 TRY – 1.11 TRY · the 1.26 TRY price screens above the 0.8100 TRY fair value. Dashed = 300-day average. As of Sep 24, 2026.

Follow Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi in your weekly email

Every Wednesday you see whether Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi engages in development and management of housing projects. The company was founded in 2018 and is based in Ankara, Turkey.

Stock analysis

Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO) currently trades at 1.26 TRY, while our model-based Fair Value estimate is 0.8100 TRY, implying the stock looks roughly 55.5% overvalued today.

Show more

Valuation

Bull case: the Asset-Based group reads highest at a median of 3.99 TRY per share, and 2 of the 4 models we run sit above the 1.26 TRY price.

Bear case: the Multiples group reads lowest at 1.20 TRY, and 2 of the 4 models stay below the price. Evidence for this calculation is low.

Scenario range: 0.5100 TRY (bear) to 1.11 TRY (bull), the price of 1.26 TRY sits above 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 28/100 (below-average quality), in the Real Estate sector.

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

Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi reported revenue of 176M TRY in FY2026 versus 382K TRY in FY2022, a compound +363.0%/yr. Reported net income was −431M TRY in FY2026.

Key figures

Market cap 1.5B TRY (≈ $30.2M) · P/S ratio 23.7 · EPS (TTM) −0.8400 TRY · Return on equity −13.8% · Return on assets (EBIT) −1.2% · Operating margin −11.0% · Revenue (TTM) 62.2M TRY · Revenue growth (YoY) −86.1%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).

What moves the price

The share trades about 65% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Real Estate peers we cover trades at 2% fair-value upside, at −36%, VRGYO screens richer than that median.

Fair Value models

Bear 0.5100 TRY Fair Value 0.8100 TRY Bull 1.11 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. 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
EV/EBITDA 0.9000 TRY 1.20 TRY 1.49 TRY 64
EV/EBIT 1.13 TRY 1.50 TRY 1.88 TRY 63
EV/Revenue 0.6300 TRY 0.8900 TRY 1.16 TRY 51
All 4 models by family
Multiples
EV/EBIT 1.13 TRY 1.50 TRY 1.88 TRY 63
EV/EBITDA 0.9000 TRY 1.20 TRY 1.49 TRY 64
EV/Revenue 0.6300 TRY 0.8900 TRY 1.16 TRY 51
Asset-Based
NCAV (Graham) 2.98 TRY 3.99 TRY 5.96 TRY 51

Open the full fair value analysis →

Notify me when VRGYO reaches fair value

Put VRGYO on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 28/100

Of which business quality 34 · Market factors (momentum, volatility) 22

Profitability 1
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 82
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. 26/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Profit margin (trend) ⓘ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.
−49.9% (2021) → 31.7% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed

VRGYO screens 56% overvalued. Compare with Goodman Group →

Compare Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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.REIT - Diversified · 153 stocks

Beats the industry median on 2/7 measures
Overall it trails its industry peers.
Valuation
Quality Score 29 · Bottom 25%
Fair Value upside −35.7% · Below median
Profitability
Return on assets 0.0% · Bottom 25%
Operating margin (TTM) −11.0% · Bottom 25%
Growth and dividend
Revenue growth −86.1% · Bottom 25%

Valuation Multiplesvs REIT - Diversified median · lower = cheaper

P/S (TTM) 0.49× · Cheapest 25%
EV/EBITDA 5.9× · Cheapest 25%

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 REIT - Diversified stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Goodman Group GMG A$26.38 A$12.61 −52%
VICI Properties Inc VICI $23.51 $58.78 +150%
W. P. Carey Inc WPC $66.09 $69.91 +6%
Stockland SGP A$4.02 A$4.12 +2%
The GPT Group GPT A$4.41 A$3.49 −21%
Charter Hall Group CHC A$17.63 A$3.25 −82%
Mirvac Group MGR A$1.72 A$2.04 +19%
Broadstone Net Lease, Inc BNL $18.91 $19.39 +3%
KLCC Property Holdings 5235SS 8.35 MYR 6.91 MYR −17%
T82U T82U 1.35 SGD 1.02 SGD −24%

Explore undervalued stocks

More undervalued Real Estate stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

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). "Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi Fair Value". https://www.fairvalue-calculator.com/stock/VRGYO

Frequently asked questions

Is Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 0.8100 TRY versus a price of 1.26 TRY, about −36% upside (overvalued).
What is the fair value of VRGYO?
Our model-based fair value for Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is 0.8100 TRY (as of Sep 24, 2026), built from audited fundamentals. The current price: 1.26 TRY.
What is the quality score of VRGYO?
Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi has a Quality Score of 28/100. 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 Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
Our model-based price target is the fair value of 0.8100 TRY (as of Sep 24, 2026) from 4 valuation models. Cautious scenario 0.5100 TRY, optimistic scenario 1.11 TRY. It is a calculation from audited fundamentals, not an analyst target.
What is the Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi stock forecast for 2026?
Our models put fair value at 0.8100 TRY, about −36% upside versus a price of 1.26 TRY (overvalued). Cautious scenario 0.5100 TRY, optimistic scenario 1.11 TRY. The calculation is refreshed regularly with new filings.
What is the revenue of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi reported trailing-twelve-month revenue of about 62.2M TRY (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi it is 0.8100 TRY per share (as of Sep 24, 2026), against a price of 1.26 TRY. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi stock overvalued or undervalued in 2026?
As of Sep 24, 2026, VRGYO trades above its calculated fair value: price 1.26 TRY, fair value 0.8100 TRY, a gap of about −36% (overvalued). 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 VRGYO?
No. The price is what the market pays today (1.26 TRY); the fair value is what the company's own numbers justify (0.8100 TRY). For Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi the two are 0.4500 TRY per share apart. That gap is exactly why we show both numbers side by side.
How much is Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi worth?
The market values Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi at about 1.5B TRY (market capitalisation, as of Sep 24, 2026). Per share that is 1.26 TRY; our models calculate a fair value of 0.8100 TRY per share.
What do the bullish and bearish scenarios say about VRGYO?
Our models span a range for Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi: cautious scenario 0.5100 TRY, base 0.8100 TRY, optimistic 1.11 TRY per share (as of Sep 24, 2026, price 1.26 TRY). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
Balance-sheet figures for Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (as of Sep 24, 2026): return on equity −13.8%. They feed the Quality Score of 28/100, which measures business quality independently of the share price.
How far is VRGYO from its 52-week high?
Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi trades at 1.26 TRY, about 65% below its 52-week high of 3.57 TRY and 10% above the low of 1.15 TRY (as of Sep 25, 2026). Distance from the high says nothing about value: that is what the fair value of 0.8100 TRY is for.
Which stocks are comparable to Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi?
From the same area (Real Estate) we also value Goodman Group, VICI Properties Inc, W. P. Carey Inc, Stockland, 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 Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi stock attractive at the current price?
The data as of Sep 24, 2026: price 1.26 TRY, calculated fair value 0.8100 TRY (−36%), Quality Score 28/100, from 4 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 VRGYO calculated?
We run Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi through 4 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 0.8100 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 13.9 % above its aggregate fair value. Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi itself currently trades above fair value. 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 Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
The closing price on Sep 25, 2026 was 1.26 TRY. Our model-based fair value is 0.8100 TRY, about −36% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi right now?
The price sits above even our optimistic bull case (1.11 TRY). The favourable scenario is already priced in. Weak quality (28/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (0.5100 TRY to 1.11 TRY) leaves room in how you read the outcome.

Key figures of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi

How large is the market capitalisation of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
The market capitalisation of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is 1.5B TRY (≈ $30.2M). 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 Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
The price-to-sales ratio of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is 23.7 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
Earnings per share at Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi are −0.8400 TRY. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
The return on equity (ROE) of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is −13.8% (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 Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
On an EBIT basis the return on assets of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is −1.2% (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 Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
The operating margin of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is −11.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO)?
Revenue at Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is growing −86.1% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO) generate?
The free cash flow of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is −116M TRY (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi (VRGYO) carry?
The net debt of Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi is 311M TRY (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi in the live analysis

One click puts Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.