Formul Plastik (FRMPL) Stock Overview

Designs, manufactures, and sells pipes and fittings in Turkey and internationally. More details

FRMPL fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 38.6% below our estimate of its fair value

Risk Analysis

Earnings have declined by 22.9% per year over past 5 years

FRMPL Community Fair Values

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Formul Plastik A.S. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Formul Plastik
Historical stock prices
Current Share Price	₺44.98
52 Week High	₺55.65
52 Week Low	₺27.58
Beta	0
1 Month Change	25.99%
3 Month Change	35.08%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	35.24%

Recent updates

Shareholder Returns

	FRMPL	TR Building	TR Market
7D	11.3%	-1.6%	0.2%
1Y	n/a	-2.4%	51.0%

Return vs Industry: Insufficient data to determine how FRMPL performed against the TR Building industry.

Return vs Market: Insufficient data to determine how FRMPL performed against the TR Market.

Price Volatility

Is FRMPL's price volatile compared to industry and market?
FRMPL volatility
FRMPL Average Weekly Movement	8.8%
Building Industry Average Movement	7.3%
Market Average Movement	7.1%
10% most volatile stocks in TR Market	10.7%
10% least volatile stocks in TR Market	4.9%

Stable Share Price: FRMPL has not had significant price volatility in the past 3 months compared to the TR market.

Volatility Over Time: Insufficient data to determine FRMPL's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1990	429	n/a	www.formul.com.tr

Formul Plastik A.S. designs, manufactures, and sells pipes and fittings in Turkey and internationally. The company offers PP-R pipes and fittings, PPRCT pipes, PVC pipes and fittings, silent PP pipes and fittings, PE-RT pipes, and accessories, as well as brass inserts and fittings. Formul Plastik A.S. was founded in 1990 and is based in Istanbul, Turkey.

Formul Plastik A.S. Fundamentals Summary

How do Formul Plastik's earnings and revenue compare to its market cap?
FRMPL fundamental statistics
Market cap	₺7.20b
Earnings (TTM)	₺152.55m
Revenue (TTM)	₺3.30b

47.2x

P/E Ratio

2.2x

P/S Ratio

Is FRMPL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRMPL income statement (TTM)
Revenue	₺3.30b
Cost of Revenue	₺2.35b
Gross Profit	₺949.81m
Other Expenses	₺797.26m
Earnings	₺152.55m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	0.95
Gross Margin	28.80%
Net Profit Margin	4.63%
Debt/Equity Ratio	15.8%

How did FRMPL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/15 03:55
End of Day Share Price	2026/06/12 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Formul Plastik A.S. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Formul Plastik A.S.IBSE:FRMPL Stock Report