Turkish Undervalued based on future growth

Turkiye Garanti Bankasi

Market Cap: ₺560.7b

Provides various banking products and services in Turkey.

Koç Holding

Market Cap: ₺435.7b

Through its subsidiaries, engages in the energy, automotive, consumer durables, finance, and other businesses in Turkey and internationally.

Türkiye Petrol Rafinerileri

Market Cap: ₺381.5b

Engages in the refining crude oil, petroleum, and chemical products in Turkey and internationally.

Türkiye Is Bankasi

Market Cap: ₺371.3b

Provides various banking products and services in Turkey.

Ford Otomotiv Sanayi

Market Cap: ₺340.7b

Engages in the manufacture, assembly, import, export, and sale of motor vehicles and spare parts in Turkey.

BIM Birlesik Magazalar

Market Cap: ₺331.8b

Operates retail stores in Turkey, Morocco, and Egypt.

Akbank T.A.S

Market Cap: ₺316.7b

Provides various banking products and services in Turkey and internationally.

Yapi ve Kredi Bankasi

Market Cap: ₺283.3b

Provides commercial banking and financial products and services in Turkey and internationally.

Türkiye Vakiflar Bankasi Türk Anonim Ortakligi

Market Cap: ₺250.7b

Provides corporate, commercial, SME, agricultural, and modern banking products and services in Turkey and internationally.

Turkcell Iletisim Hizmetleri

Market Cap: ₺211.1b

Provides converged telecommunication and technology services in Turkey, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands.

Türk Telekomünikasyon Anonim Sirketi

Market Cap: ₺195.3b

Operates as an integrated telecommunication company in Turkey.

Eregli Demir ve Çelik Fabrikalari T.A.S

Market Cap: ₺182.8b

Produces and sells iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed steel, coke, and by-products in Turkey and internationally.

Coca-Cola Içecek Anonim Sirketi

Market Cap: ₺153.9b

Engages in the production, sale, and distribution of sparkling and still beverages in Turkey, Pakistan, Bangladesh, Central Asia, and the Middle East.

Tofas Türk Otomobil Fabrikasi Anonim Sirketi

Market Cap: ₺115.0b

Manufactures and sells passenger cars and light commercial vehicles in Turkey.

Türkiye Sise Ve Cam Fabrikalari

Market Cap: ₺110.3b

Manufactures and sells glass products.

Pegasus Hava Tasimaciligi Anonim Sirketi

Market Cap: ₺105.8b

Operates as an airline company.

TAV Havalimanlari Holding

Market Cap: ₺97.5b

TAV Havalimanlari Holding A.S., together with its subsidiaries, constructs terminal buildings, and manages and operates terminals or airports in Turkey, Georgia, Kazakhstan, Macedonia, Tunisia, Croatia, Oman, Latvia, Spain, Qatar, Saudi Arabia, and internationally.

Astor Enerji

Market Cap: ₺96.9b

Engages in the manufacturing of transformers, and medium and high voltage switching products for industrial facilities.

Enerjisa Enerji

Market Cap: ₺91.3b

Engages in the provision of electricity distribution, retail sales, and customer solutions in Turkey.

Turk Altin Isletmeleri

Market Cap: ₺91.0b

Engages in the operation of mines in Turkey.

Migros Ticaret

Market Cap: ₺90.3b

Engages in the retail sale of food and beverages, consumer, and durables goods in Turkey.

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Market Cap: ₺85.4b

Engages in the production, bottling, distribution, marketing, and sale of beer, malt, non-carbonated, and non-alcoholic beverages in Turkey and internationally.

MLP Saglik Hizmetleri

Market Cap: ₺65.3b

Provides healthcare service in Turkey, Azerbaijan, and Hungary.

Tab Gida Sanayi ve Ticaret

Market Cap: ₺61.2b

Operates and franchises fast food and restaurant chains in Turkey.

Ronesans Gayrimenkul Yatirim

Market Cap: ₺53.2b

Operates as the commercial real estate development and investment company in Türkiye.

Dogan Sirketler Grubu Holding

Market Cap: ₺45.3b

Engages in the electricity generation, industry and trade, automotive trade and marketing, finance and investment, internet and entertainment, and real estate investment businesses in Turkey.

Aygaz

Market Cap: ₺44.6b

Aygaz A.S. purchases liquid petroleum gas (LPG) to retailers for distribution to customers in Turkey.

Ülker Bisküvi Sanayi

Market Cap: ₺42.3b

Manufactures, markets, and sells biscuits, chocolates, chocolate coated biscuits, wafers, and cakes in Turkey and internationally.

Çimsa Çimento Sanayi ve Ticaret

Market Cap: ₺42.2b

Engages in the production and sale of cement and building materials primarily in Turkey.

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺39.4b

Engages in automotive and real estate businesses in Turkey.

Türkiye Sinai Kalkinma Bankasi

Market Cap: ₺35.3b

Operates as a development and investment bank in Turkey.

Mavi Giyim Sanayi ve Ticaret

Market Cap: ₺31.7b

Engages in the wholesale and retail sale of ready-to-wear denim apparel in Turkey and internationally.

Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺25.3b

Manufactures and sells cement, clinker, ready-mix concrete, and aggregates in Turkey and internationally.

Kocaer Celik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺23.1b

Engages in the production and sale of iron and steel products in Turkey and internationally.

Kalekim Kimyevi Maddeler Sanayi Ve Ticaret Anonim Sirketi

Market Cap: ₺14.9b

Operates in the construction chemicals sector in Turkey and internationally.

Galata Wind Enerji

Market Cap: ₺13.3b

Engages in generation and sale of electricity from renewable energy in Turkey.