Eregli Demir ve Çelik Fabrikalari T.A.S.

IBSE:EREGL Stock Report

Market Cap: ₺165.5b

Eregli Demir ve Çelik Fabrikalari T.A.S Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 EREGL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EREGL (TRY23.64) is trading below our estimate of fair value (TRY25.84)

Significantly Below Fair Value: EREGL is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EREGL. This is calculated by dividing EREGL's market cap by their current earnings.
What is EREGL's PE Ratio?
PE Ratio8.9x
Earnings₺18.69b
Market Cap₺165.48b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EREGL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.8x
ISDMR Iskenderun Demir ve Çelik
8.1xn/a₺115.3b
KRDMD Kardemir Karabük Demir Çelik Sanayi Ve Ticaret
17.2x136.3%₺31.7b
BRSAN Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret
45.6xn/a₺60.2b
KCAER Kocaer Celik Sanayi ve Ticaret Anonim Sirketi
40.2x99.5%₺26.4b
EREGL Eregli Demir ve Çelik Fabrikalari T.A.S
8.9x26.2%₺165.5b

Price-To-Earnings vs Peers: EREGL is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (27.8x).

Price to Earnings Ratio vs Industry

How does EREGL's PE Ratio compare vs other companies in the Asian Metals and Mining Industry?

31 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EREGL 8.9xIndustry Avg. 19.7xNo. of Companies86PE01632486480+
31 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EREGL is good value based on its Price-To-Earnings Ratio (8.9x) compared to the Asian Metals and Mining industry average (19.7x).

Price to Earnings Ratio vs Fair Ratio

What is EREGL'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.

EREGL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.9x
Fair PE Ratio11.3x

Price-To-Earnings vs Fair Ratio: EREGL is good value based on its Price-To-Earnings Ratio (8.9x) compared to the estimated Fair Price-To-Earnings Ratio (11.3x).

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 EREGL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₺23.64
₺27.46
+16.2%
18.2%₺34.50₺19.00n/a12
Jan ’26₺24.40
₺27.46
+12.6%
18.2%₺34.50₺19.00n/a12
Dec ’25₺25.78
₺27.46
+6.5%
18.2%₺34.50₺19.00n/a12
Nov ’25₺23.97
₺27.42
+14.4%
18.1%₺34.50₺19.04n/a12
Oct ’25₺26.35
₺27.36
+3.8%
15.8%₺33.42₺20.00n/a14
Sep ’25₺24.17
₺27.23
+12.7%
16.9%₺33.42₺19.00n/a14
Aug ’25₺28.63
₺27.10
-5.3%
14.9%₺32.50₺19.49n/a14
Jul ’25₺25.88
₺26.63
+2.9%
14.5%₺32.50₺19.49n/a14
Jun ’25₺23.97
₺26.38
+10.1%
15.1%₺32.50₺19.49n/a14
May ’25₺21.53
₺26.18
+21.6%
16.0%₺32.50₺19.88n/a14
Apr ’25₺20.65
₺26.36
+27.6%
15.3%₺32.50₺19.88n/a14
Mar ’25₺22.97
₺26.67
+16.1%
17.2%₺32.50₺18.50n/a11
Feb ’25₺21.86
₺24.10
+10.2%
25.6%₺32.94₺9.50n/a12
Jan ’25₺20.50
₺22.57
+10.1%
24.8%₺32.94₺9.50₺24.4012
Dec ’24₺20.30
₺22.49
+10.8%
25.1%₺32.94₺9.50₺25.7812
Nov ’24₺18.61
₺22.53
+21.1%
24.9%₺32.94₺9.50₺23.9712
Oct ’24₺22.26
₺22.23
-0.1%
24.7%₺32.94₺9.50₺26.3513
Sep ’24₺22.03
₺20.82
-5.5%
23.3%₺27.54₺9.50₺24.1713
Aug ’24₺20.38
₺19.90
-2.4%
22.2%₺27.54₺9.50₺28.6314
Jul ’24₺18.36
₺18.53
+0.9%
19.9%₺24.40₺10.00₺25.8813
Jun ’24₺16.66
₺18.49
+11.0%
20.3%₺24.40₺10.00₺23.9714
May ’24₺16.57
₺18.74
+13.1%
19.2%₺24.40₺10.00₺21.5314
Apr ’24₺17.70
₺18.66
+5.4%
20.7%₺24.40₺8.50₺20.6514
Mar ’24₺22.71
₺17.67
-22.2%
20.7%₺21.50₺8.50₺22.9713
Feb ’24₺18.16
₺17.65
-2.8%
20.7%₺21.50₺8.50₺21.8613
Jan ’24₺20.63
₺16.55
-19.8%
18.8%₺20.50₺8.50₺20.5014

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 00:19
End of Day Share Price 2025/01/08 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

Eregli Demir ve Çelik Fabrikalari T.A.S. is covered by 28 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
Cemal DemirtasAta Invest
Alen BebirogluBNP Paribas Securities (Asia)
Jason FaircloughBofA Global Research