Petkim Petrokimya Holding Anonim Sirketi

IBSE:PETKM Stock Report

Market Cap: ₺44.9b

Petkim Petrokimya Holding Anonim Sirketi Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: PETKM (TRY17.7) is trading above our estimate of fair value (TRY0.18)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PETKM. This is calculated by dividing PETKM's market cap by their current earnings.
What is PETKM's PE Ratio?
PE Ratio2.7x
Earnings₺16.80b
Market Cap₺44.86b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PETKM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.6x
SASA Sasa Polyester Sanayi
6.2xn/a₺165.8b
KLKIM Kalekim Kimyevi Maddeler Sanayi Ve Ticaret Anonim Sirketi
18.3x31.4%₺15.2b
KOPOL Koza Polyester Sanayi ve Ticaret Anonim Sirketi
21xn/a₺6.7b
ISKPL Isik Plastik Sanayi ve Dis Ticaret Pazarlama Anonim Sirketi
12.7xn/a₺3.7b
PETKM Petkim Petrokimya Holding Anonim Sirketi
2.7x-60.0%₺44.9b

Price-To-Earnings vs Peers: PETKM is good value based on its Price-To-Earnings Ratio (2.7x) compared to the peer average (14.6x).

Price to Earnings Ratio vs Industry

How does PETKM's PE Ratio compare vs other companies in the Asian Chemicals Industry?

40 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.22.6x34.4%
PETKM Petkim Petrokimya Holding Anonim Sirketi
 2.7x-60.0%US$1.30b
PETKM 2.7xIndustry Avg. 22.6xNo. of Companies174PE020406080100+
40 CompaniesEstimated GrowthMarket Cap
Industry Avg.22.6x34.4%
PETKM Petkim Petrokimya Holding Anonim Sirketi
 2.7x-60.0%US$1.30b
No more companies

Price-To-Earnings vs Industry: PETKM is good value based on its Price-To-Earnings Ratio (2.7x) compared to the Asian Chemicals industry average (22.4x).

Price to Earnings Ratio vs Fair Ratio

What is PETKM'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.

PETKM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.7x
Fair PE Ratio2.1x

Price-To-Earnings vs Fair Ratio: PETKM is expensive based on its Price-To-Earnings Ratio (2.7x) compared to the estimated Fair Price-To-Earnings Ratio (2.1x).

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 PETKM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₺17.70
₺23.93
+35.2%
22.1%₺33.00₺14.00n/a7
Nov ’25₺18.58
₺24.40
+31.3%
21.3%₺33.00₺15.00n/a7
Oct ’25₺20.90
₺24.94
+19.3%
19.4%₺33.00₺15.00n/a8
Sep ’25₺22.98
₺24.94
+8.5%
19.4%₺33.00₺15.00n/a8
Aug ’25₺24.08
₺24.94
+3.6%
18.5%₺33.00₺15.00n/a9
Jul ’25₺20.76
₺24.94
+20.1%
18.5%₺33.00₺15.00n/a9
Jun ’25₺20.38
₺23.82
+16.9%
23.1%₺33.00₺13.80n/a10
May ’25₺20.72
₺24.94
+20.4%
34.6%₺44.17₺13.00n/a10
Apr ’25₺19.02
₺24.94
+31.1%
34.6%₺44.17₺13.00n/a10
Mar ’25₺23.74
₺25.29
+6.5%
36.1%₺44.17₺13.00n/a9
Feb ’25₺22.38
₺23.15
+3.4%
32.0%₺33.64₺11.00n/a10
Jan ’25₺18.21
₺19.67
+8.0%
38.2%₺33.64₺11.00n/a10
Dec ’24₺21.70
₺19.67
-9.4%
38.2%₺33.64₺11.00n/a10
Nov ’24₺19.29
₺15.85
-17.8%
27.4%₺24.50₺10.12₺18.589
Oct ’24₺19.64
₺15.05
-23.4%
26.7%₺24.50₺10.12₺20.909
Sep ’24₺20.56
₺15.42
-25.0%
25.7%₺24.50₺10.12₺22.9810
Aug ’24₺18.08
₺14.16
-21.7%
18.4%₺18.70₺10.12₺24.0810
Jul ’24₺15.01
₺13.17
-12.2%
18.8%₺18.70₺10.60₺20.7610
Jun ’24₺14.16
₺13.17
-7.0%
18.8%₺18.70₺10.60₺20.3810
May ’24₺13.00
₺13.93
+7.1%
19.6%₺18.70₺10.89₺20.729
Apr ’24₺13.86
₺13.92
+0.5%
20.3%₺18.70₺10.00₺19.0210
Mar ’24₺16.97
₺14.22
-16.2%
21.7%₺19.50₺10.00₺23.7410
Feb ’24₺15.20
₺14.22
-6.5%
21.7%₺19.50₺10.00₺22.3810
Jan ’24₺19.96
₺12.34
-38.2%
14.9%₺15.60₺10.00₺18.2110
Dec ’23₺18.04
₺12.34
-31.6%
14.9%₺15.60₺10.00₺21.7010
Nov ’23₺13.61
₺11.72
-13.9%
13.2%₺14.50₺9.11₺19.2910

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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