Yapi ve Kredi Bankasi A.S.

IBSE:YKBNK Stock Report

Market Cap: ₺241.6b

Yapi ve Kredi Bankasi Valuation

Is YKBNK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of YKBNK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: YKBNK (TRY28.6) is trading above our estimate of fair value (TRY17.36)

Significantly Below Fair Value: YKBNK is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for YKBNK?

Key metric: As YKBNK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for YKBNK. This is calculated by dividing YKBNK's market cap by their current earnings.
What is YKBNK's PE Ratio?
PE Ratio5.8x
Earnings₺41.71b
Market Cap₺241.59b

Price to Earnings Ratio vs Peers

How does YKBNK's PE Ratio compare to its peers?

The above table shows the PE ratio for YKBNK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.1x
VAKBN Türkiye Vakiflar Bankasi Türk Anonim Ortakligi
4.6x26.5%₺223.5b
AKBNK Akbank T.A.S
6.6x43.8%₺315.6b
SAHOL Haci Ömer Sabanci Holding
127.3x119.6%₺197.4b
ISCTR Türkiye Is Bankasi
6x44.5%₺379.5b
YKBNK Yapi ve Kredi Bankasi
5.8x45.2%₺241.6b

Price-To-Earnings vs Peers: YKBNK is good value based on its Price-To-Earnings Ratio (5.8x) compared to the peer average (36.1x).

Price to Earnings Ratio vs Industry

How does YKBNK's PE Ratio compare vs other companies in the Asian Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
YKBNK 5.8xIndustry Avg. 8.7xNo. of Companies85PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: YKBNK is good value based on its Price-To-Earnings Ratio (5.8x) compared to the Asian Banks industry average (8.7x).

Price to Earnings Ratio vs Fair Ratio

What is YKBNK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

YKBNK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.8x
Fair PE Ratio4.8x

Price-To-Earnings vs Fair Ratio: YKBNK is expensive based on its Price-To-Earnings Ratio (5.8x) compared to the estimated Fair Price-To-Earnings Ratio (4.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst YKBNK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₺28.60
₺36.86
+28.9%
11.4%₺44.00₺28.60n/a14
Dec ’25₺29.64
₺36.76
+24.0%
11.0%₺44.00₺28.60n/a14
Nov ’25₺24.06
₺37.17
+54.5%
11.3%₺44.00₺28.60n/a14
Oct ’25₺29.14
₺40.76
+39.9%
12.2%₺49.63₺32.00n/a14
Sep ’25₺31.20
₺36.58
+17.3%
30.7%₺49.63₺7.14n/a15
Aug ’25₺32.00
₺37.22
+16.3%
30.8%₺49.63₺7.14n/a15
Jul ’25₺32.62
₺36.64
+12.3%
32.4%₺48.50₺7.14n/a15
Jun ’25₺32.32
₺35.79
+10.7%
33.1%₺48.44₺7.14n/a14
May ’25₺32.28
₺29.49
-8.6%
27.9%₺38.00₺7.14n/a14
Apr ’25₺28.42
₺28.63
+0.8%
27.6%₺36.00₺7.14n/a14
Mar ’25₺22.50
₺27.42
+21.9%
32.4%₺36.00₺7.14n/a15
Feb ’25₺22.36
₺24.94
+11.5%
31.8%₺34.30₺7.14n/a16
Jan ’25₺19.54
₺22.32
+14.2%
30.3%₺29.71₺7.14n/a15
Dec ’24₺19.82
₺21.25
+7.2%
32.1%₺29.71₺7.14₺29.6415
Nov ’24₺17.06
₺20.45
+19.9%
32.6%₺29.71₺7.14₺24.0615
Oct ’24₺18.46
₺18.41
-0.3%
28.4%₺26.11₺7.14₺29.1415
Sep ’24₺16.10
₺15.12
-6.1%
25.2%₺20.60₺7.14₺31.2015
Aug ’24₺14.33
₺14.62
+2.0%
24.2%₺19.10₺7.14₺32.0015
Jul ’24₺12.98
₺13.18
+1.5%
18.6%₺16.43₺7.14₺32.6215
Jun ’24₺10.53
₺12.95
+23.0%
20.3%₺16.43₺7.14₺32.3215
May ’24₺9.47
₺12.91
+36.3%
20.4%₺16.43₺7.14₺32.2815
Apr ’24₺9.57
₺12.66
+32.3%
21.9%₺16.43₺7.14₺28.4215
Mar ’24₺10.11
₺11.88
+17.5%
24.6%₺16.43₺7.14₺22.5014
Feb ’24₺8.40
₺11.70
+39.3%
23.2%₺16.10₺7.14₺22.3614
Jan ’24₺11.81
₺11.21
-5.1%
25.6%₺16.10₺7.14₺19.5413
Dec ’23₺11.84
₺10.57
-10.7%
30.5%₺16.10₺5.30₺19.8213

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 14:56
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Yapi ve Kredi Bankasi A.S. is covered by 40 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAta Invest
Cristina MarzeaBarclays
Cagdas DoganBNP Paribas Securities (Asia)