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Isiklar Enerji ve Yapi Holding AS (IEYHO) Fair Value & Analysis

Consumer Cyclical · TR · Market cap 94.7B TRY (≈ $2.0B) · ISIN TRAMTEKS91B0

What is Isiklar Enerji ve Yapi Holding AS really worth?

IE Isiklar Enerji ve Yapi Holding AS IEYHO · IS
Price214.60 TRY
Fair Value324.31 TRY
Upside+51.1%
Quality31/100

Below-average quality, trading 34% below our fair value of 324.31 TRY.

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Risks

!Mixed Growth (revenue 5y +61.0 %/yr)
!Loss-making · -40.8% net margin
!Low debt · negative free cash flow
!Trails peers (3/11)
!Narrow moat 13/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 240.25 TRY – 408.37 TRY

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 22 days ago

Fair value updated Aug 13, 2026, revised from 323.84 TRY to 324.31 TRY (+0.1%) since Aug 8, 2026. Share price +25.5% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The large discount to fair value meets weak quality (31/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (240.25 TRY). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (5 years)

214.60 TRY 0.7000 TRY Fair Value 324.31 TRY Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 0.7000 TRY – 214.60 TRY · fair‑value band 240.25 TRY – 408.37 TRY · the 214.60 TRY price screens below the 324.31 TRY fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Isiklar Enerji ve Yapi Holding AS (IEYHO) currently trades at 214.60 TRY, while our model-based Fair Value estimate is 324.31 TRY, implying the stock looks roughly 33.8% undervalued today. The Quality Score stands at 31/100 (below-average quality), in the Consumer Cyclical sector. How firm this estimate is: it rests on 6 models at a data quality of 80/100, which puts the evidence level at low.

Over the trailing twelve months, Isiklar Enerji ve Yapi Holding AS generated revenue of 2.0B TRY at a net margin of −40.8%. Revenue declined 86.0% year over year. It earns a return on equity of −32.5%. Net debt stands at 138M TRY. Fundamentals as of Aug 13, 2026

Our scenario range runs from 240.25 TRY (bear case) to 408.37 TRY (bull case); at 214.60 TRY, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −36% fair-value upside, at 51%, IEYHO screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EPV best evidence 3.52 TRY 4.08 TRY 4.57 TRY 74
ROIC Compounder 3.52 TRY 4.08 TRY 4.72 TRY 70
EV/EBITDA 6.73 TRY 8.92 TRY 11.10 TRY 67
All 6 models by family
Earnings-Based
EPV best evidence 3.52 TRY 4.08 TRY 4.57 TRY 74
Multiples
EV/EBIT 5.45 TRY 7.21 TRY 8.97 TRY 66
EV/EBITDA 6.73 TRY 8.92 TRY 11.10 TRY 67
EV/Revenue 3.73 TRY 5.26 TRY 6.78 TRY 54
Asset-Based
NCAV (Graham) 2.24 TRY 3.01 TRY 4.49 TRY 54
Economic Profit
ROIC Compounder 3.52 TRY 4.08 TRY 4.72 TRY 70

Widest divergence: Multiples (7.21 TRY) versus Asset-Based (3.01 TRY). Highest evidence: EPV (74).

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Key figures & financial health

P/S ratio 47.8 TTM
EPS (TTM) −1,221 TRY
Dividend yield 0.0%
Net margin −19.7% FY2024
Return on equity −32.5% TTM
Return on assets (EBIT) 6.8% avg 5y
More key figures
Profitability
Operating margin −28.8% TTM
Growth
Revenue (TTM) 2.0B TRY TTM
Revenue growth (YoY) −86.0% 3y avg +80.9%
EPS growth (YoY) +172%
Balance sheet & cash flow
Free cash flow −1.7B TRY FY2024
Net debt 138M TRY FY2024

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 31/100

Of which business quality 36 · Market factors (momentum, volatility) 92

Profitability 17
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 61
Balance sheet, leverage, solvency risk
Investment 4
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Isiklar Enerji ve Yapi Holding A.S., together with its subsidiaries, engages in the production of yarn and home textiles in Turkey and internationally. The company operates in service, construction, casting, packaging, contracting and energy works. The company operates three river type hydroelectric power plants.

Full company description

Isiklar Enerji ve Yapi Holding A.S., together with its subsidiaries, engages in the production of yarn and home textiles in Turkey and internationally. The company operates in service, construction, casting, packaging, contracting and energy works. The company operates three river type hydroelectric power plants. It manufactures and sells industrial type paper bags; constructs water structures, irrigation and drainage system, bridges, tunnels, roads, factories, treatment plants, infra-structure facilities, pipelines, houses, and commercial buildings; and alloyed grinding products to cement and mining companies. In addition, the company manufactures pressed, coating, and floor bricks; and facade systems. It exports its products. The company was formerly known as Metem Enerji ve Tekstil Sanayi Ticaret Anonim Sirketi and changed its name Isiklar Enerji ve Yapi Holding A.S. in February 2012. The company was incorporated in 1982 and is headquartered in Istanbul, Turkey.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Isiklar Enerji ve Yapi Holding AS reported revenue of 3.4B TRY in FY2024 versus 363M TRY in FY2020, a compound +74.4%/yr. Reported net income was −664M TRY in FY2024.

Growth Quality 36/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
3.4B TRY
Latest YoY
+1.7%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+80.9%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+61.0%
Avg. revenue growth/yr (19Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+32.4%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2024 is a loss year, no rate is defined from a loss
not computed
Revenue +74.4%/yr
FY20 363M TRY
FY21 568M TRY
FY22 1.3B TRY
FY23 3.3B TRY
FY24 3.4B TRY
Net income
FY20 80.3M TRY
FY21 220M TRY
FY22 268M TRY
FY23 679M TRY
FY24 −664M TRY

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Cite: Fair Value Calculator (2026). "Isiklar Enerji ve Yapi Holding AS Fair Value". https://www.fairvalue-calculator.com/stock/IEYHO

Peer Group

Textile Manufacturing · 332 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 31 · Bottom 25%
Fair Value upside +51% · Top 25%
Return on assets −3% · Bottom 25%
Net margin (TTM) −41% · Bottom 25%
Operating margin (TTM) −29% · Bottom 25%
Revenue growth −86% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/B 0.80× · Cheaper than median
P/S (TTM) 0.99× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 4
FUTURE0 · sector 0
PAST0 · sector 15
HEALTH100 · sector 95
DIVIDEND0 · sector 33

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
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HMT (Xiamen) New Technical Materials Co 603306 ¥71.55 ¥11.85 −83%
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Vardhman Textiles Limited VTL ₹592.75 ₹437.53 −26%
Albany International Corp AIN $59.92 $18.40 −69%
Welspun Living Limited WELSPUNLIV ₹190.40 ₹47.44 −75%
Bros Eastern.,Ltd 601339 ¥7.88 ¥7.87 +0%

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Frequently asked questions

Is Isiklar Enerji ve Yapi Holding AS (IEYHO) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 324.31 TRY versus a price of 214.60 TRY, about +51% upside (undervalued).
What is the fair value of IEYHO?
Our model-based fair value for Isiklar Enerji ve Yapi Holding AS is 324.31 TRY (as of Aug 13, 2026), built from audited fundamentals. The current price: 214.60 TRY.
What is the quality score of IEYHO?
Isiklar Enerji ve Yapi Holding AS has a Quality Score of 31/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Isiklar Enerji ve Yapi Holding AS (IEYHO)?
Isiklar Enerji ve Yapi Holding AS reported trailing-twelve-month revenue of about 2.0B TRY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of IEYHO?
The net profit margin of Isiklar Enerji ve Yapi Holding AS is about −40.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Isiklar Enerji ve Yapi Holding AS pay a dividend?
Isiklar Enerji ve Yapi Holding AS currently shows a dividend yield of about 0.02% relative to its recent price (as of Aug 13, 2026).
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