Karel Elektronik Sanayi Ve Ticaret Valuation

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

KAREL (TRY8.85) is trading below our estimate of [[fair value]] (TRY24.41)

Is KAREL 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: KAREL (TRY8.85) is trading below our estimate of fair value (TRY24.41)

Significantly Below Fair Value: KAREL is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As KAREL is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for KAREL. This is calculated by dividing KAREL's market cap by their current revenue.
What is KAREL's PS Ratio?
PS Ratio	0.4x
Sales	₺9.46b
Market Cap	₺3.63b

KAREL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.8x
Enterprise Value/EBITDA	58.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does KAREL's PS Ratio compare to its peers?

The above table shows the PS ratio for KAREL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.7x
NETAS Netas Telekomünikasyon	0.5x	n/a	₺4.5b
ALCTL Alcatel Lucent Teletas Telekomünikasyon	1.2x	n/a	₺4.7b
ARENA Arena Bilgisayar Sanayi ve Ticaret	0.08x	n/a	₺2.7b
AZTEK Aztek Teknoloji Urunleri Ticaret Anonim Sirketi	0.9x	n/a	₺4.8b
KAREL Karel Elektronik Sanayi Ve Ticaret	0.4x	n/a	₺3.6b

Price-To-Sales vs Peers: KAREL is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.7x).

Price to Sales Ratio vs Industry

How does KAREL's PS Ratio compare vs other companies in the Asian Communications Industry?

57 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	2.3x	19.3%
KAREL Karel Elektronik Sanayi Ve Ticaret	0.4x	n/a	US$104.87m

57 Companies		Estimated Growth	Market Cap
Industry Avg.	2.3x	35.1%
KAREL Karel Elektronik Sanayi Ve Ticaret	0.4x	n/a	US$104.87m

No more companies

Price-To-Sales vs Industry: KAREL is good value based on its Price-To-Sales Ratio (0.4x) compared to the Asian Communications industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

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

KAREL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate KAREL's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.