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Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., (YATAS) Fair Value & Analysis

Consumer Cyclical · TR · Market cap 4.7B TRY

YY Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., YATAS · IS
Price33.02 TRY
Fair Value37.36 TRY
Upside+13.1%
Quality43/100
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Healthy Growth
Loss-making · -0.9% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/10)
Narrow moat 15/100
Evidence: High Range 25.62 TRY – 37.36 TRY Share as image

Fair value as of: Aug 13, 2026

From 25 valuation models · updated today

Share price −10.7% over the past month.

Below-average quality, screening 13% undervalued on our models.

What matters now

  • Our model range runs from 25.62 TRY (bear) to 37.36 TRY (bull), base 37.36 TRY. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 43/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

48.94 TRY 9.31 TRY Fair Value 37.36 TRY May 2021 Aug 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 9.31 TRY – 48.94 TRY · fair‑value band 25.62 TRY – 37.36 TRY · the 33.02 TRY price screens below the 37.36 TRY fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., (YATAS) currently trades at 33.02 TRY, while our model-based Fair Value estimate is 37.36 TRY, implying the stock looks roughly 13.1% undervalued today. The Quality Score stands at 43/100 (below-average quality), in the Consumer Cyclical 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: high), always confirm before acting.

Over the trailing twelve months, Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., generated revenue of 17.5B TRY at a net margin of -0.9%. Revenue grew 1.0% year over year. It earns a return on equity of -1.9%. Net debt stands at 2.8B TRY. Fundamentals as of Aug 13, 2026

Our scenario range runs from 25.62 TRY (bear case) to 37.36 TRY (bull case); at 33.02 TRY, the current price sits within 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 33% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 16% fair-value upside, at 13%, YATAS 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.

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
Growth DCF 258.85 TRY 493.69 TRY 872.04 TRY 80
Residual Income 50.79 TRY 47.75 TRY 34.30 TRY 76
Rev-Margin DCF 189.32 TRY 323.66 TRY 605.97 TRY 74
All 25 models by family
DCF Models
FCF DCF 275.70 TRY 425.08 TRY 890.82 TRY 38
5Y Revenue Exit 172.27 TRY 282.59 TRY 512.14 TRY 39
5Y EBITDA Exit 228.45 TRY 396.16 TRY 724.69 TRY 41
5Y P/E Exit 87.62 TRY 131.61 TRY 180.37 TRY 38
10Y Revenue Exit 200.90 TRY 403.48 TRY 520.39 TRY 36
10Y EBITDA Exit 246.15 TRY 521.69 TRY 993.32 TRY 37
10Y P/E Exit 145.68 TRY 225.37 TRY 330.70 TRY 35
Earnings-Based
Graham-Dodd 5.36 TRY 37.36 TRY 52.43 TRY 54
Lynch FV 19.30 TRY 27.57 TRY 35.85 TRY 50
PEG = 1.0 19.30 TRY 27.57 TRY 35.85 TRY 46
EPV 99.31 TRY 115.16 TRY 128.84 TRY 59
Dividend Discount
Gordon GGM 17.47 TRY 34.81 TRY 52.71 TRY 70
DDM Multi-Stage 17.47 TRY 30.08 TRY 36.74 TRY 61
Multiples
P/E Multiple 13.00 TRY 17.33 TRY 21.67 TRY 63
P/S Multiple 10.05 TRY 13.39 TRY 16.74 TRY 58
P/B Multiple 10.05 TRY 13.39 TRY 16.74 TRY 55
EV/EBIT 175.64 TRY 234.56 TRY 293.47 TRY 53
EV/EBITDA 202.63 TRY 270.54 TRY 338.45 TRY 54
EV/Revenue 118.04 TRY 169.10 TRY 220.16 TRY 43
Asset-Based
NCAV (Graham) 37.44 TRY 50.17 TRY 74.87 TRY 50
Growth DCF
Growth DCF 258.85 TRY 493.69 TRY 872.04 TRY 80
Rev-Margin DCF 189.32 TRY 323.66 TRY 605.97 TRY 74
Economic Profit
Residual Income 50.79 TRY 47.75 TRY 34.30 TRY 76
ROIC Compounder 125.72 TRY 177.80 TRY 220.59 TRY 72
Growth Earnings
Growth-Adj P/E 25.62 TRY 36.60 TRY 47.58 TRY 68

Widest divergence: DCF Models (396.16 TRY) versus Multiples (17.33 TRY). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 17.5B TRY
Revenue growth (YoY) +1.0%
Net margin -0.9%
Return on equity -1.9%
Free cash flow 2.5B TRY FY2025
P/E ratio 26.6
More key figures
Operating margin 0.9%
EPS (TTM) 1.24 TRY
EPS growth (YoY) -74.9%
Net debt 2.8B TRY FY2025

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

Quality Score breakdown

Overall quality 43/100

Of which business quality 48 · Market factors (momentum, volatility) 38

Profitability 36
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 17
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 82
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

Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., together with its subsidiaries, engages in the production and sale of bed, furniture, quilt, armchair, sofa, home textile, and home furniture in Turkey. The company also offers pillows and blankets; bed headboards; home and living; and gift products.

Full company description

Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., together with its subsidiaries, engages in the production and sale of bed, furniture, quilt, armchair, sofa, home textile, and home furniture in Turkey. The company also offers pillows and blankets; bed headboards; home and living; and gift products. In addition, it is involved in the export and import of bed, furniture, quilt, armchair, sofa, home textile, and home furniture products. The company sells its products under the Yatas Bedding, Yatas Mini, Dormy Home, and Enza Home brands through stores and online. The company was founded in 1976 and is headquartered in Istanbul, Turkey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., reported revenue of 22.7B TRY in FY2025 versus 2.9B TRY in FY2021, a compound +67.8%/yr. Reported net income was 113M TRY in FY2025, compounding −18.4%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
22.7B TRY
Latest YoY
+7.0%
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.
+49.8%
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.
+66.9%
Avg. growth/yr (20Y) 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.
+30.3%
Revenue +67.8%/yr
FY21 2.9B TRY
FY22 6.7B TRY
FY23 13.5B TRY
FY24 21.2B TRY
FY25 22.7B TRY
Net income −18.4%/yr
FY21 256M TRY
FY22 514M TRY
FY23 700M TRY
FY24 235M TRY
FY25 113M TRY

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Cite: Fair Value Calculator (2026). "Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., Fair Value". https://www.fairvalue-calculator.com/stock/YATAS

Peer Group

Furnishings, Fixtures & Appliances · 317 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 43 · Bottom 25%
Fair Value upside +13% · Above median
Return on assets 4% · Above median
Net margin (TTM) -1% · Below median
Operating margin (TTM) 1% · Below median
Revenue growth 1% · Above median
Debt / equity 0.16× · Higher than median

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/E (TTM) 26.6× · Pricier than median
P/FCF 0.0× · Cheaper than 75% of peers

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 51 · sector 19
FUTURE 5 · sector 0
PAST 0 · sector 18
HEALTH 92 · sector 97
DIVIDEND 0 · sector 49

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 Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥82.71 ¥107.22 +30%
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥27.25 ¥50.62 +86%
Ecovacs Robotics Co 603486 ¥58.97 ¥54.14 -8%
Zhejiang Supor Co 002032 ¥41.68 ¥44.84 +8%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%

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Frequently asked questions

Is Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., (YATAS) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 37.36 TRY versus a price of 33.02 TRY, about +13% (undervalued).
What is the fair value of YATAS?
Our model-based fair value for Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., is 37.36 TRY (as of Aug 13, 2026), built from audited fundamentals. The current price is 33.02 TRY.
What is the quality score of YATAS?
Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., has a Quality Score of 43/100. 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 Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., (YATAS)?
Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., reported trailing-twelve-month revenue of about 17.5B TRY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of YATAS?
The net profit margin of Yatas Yatak ve Yorgan Sanayi ve Ticaret A.S., is about -0.9%, meaning it is currently running at a net loss. 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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