Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E

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Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E
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Price: 129.8 TRY -3.85% Market Closed
Market Cap: 591.9B TRY

Relative Value

The Relative Value of one ASELS.E stock under the Base Case scenario is 151.75 TRY. Compared to the current market price of 129.8 TRY, Aselsan Elektronik Sanayi ve Ticaret AS is Undervalued by 14%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ASELS.E Relative Value
Base Case
151.75 TRY
Undervaluation 14%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
38
Median 3Y
2.7
Median 5Y
1.9
Industry
3.8
Forward
3.6
vs History
12
vs Industry
32
Median 3Y
21.6
Median 5Y
7.7
Industry
33.2
Forward
30.5
vs History
26
vs Industry
27
Median 3Y
30.3
Median 5Y
15.1
Industry
21.2
vs History
12
vs Industry
15
Median 3Y
-34
Median 5Y
-34
Industry
28.1
vs History
1
vs Industry
34
Median 3Y
2.6
Median 5Y
2.2
Industry
3.5
vs History
0
vs Industry
36
Median 3Y
2.8
Median 5Y
1.9
Industry
3.7
Forward
3.6
vs History
0
vs Industry
40
Median 3Y
9.2
Median 5Y
7.3
Industry
12.4
vs History
0
vs Industry
39
Median 3Y
11.7
Median 5Y
9.1
Industry
20.5
Forward
15.7
vs History
0
vs Industry
44
Median 3Y
13.9
Median 5Y
10.7
Industry
27
Forward
16.8
vs History
26
vs Industry
28
Median 3Y
31.3
Median 5Y
15.1
Industry
22.6
vs History
vs Industry
10
Median 3Y
-24.3
Median 5Y
-36.9
Industry
30.7
vs History
0
vs Industry
41
Median 3Y
1.8
Median 5Y
1.4
Industry
2.5

Multiples Across Competitors

ASELS.E Competitors Multiples
Aselsan Elektronik Sanayi ve Ticaret AS Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TR
Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E
591.9B TRY 4.9 38.7 19.7 22.1
US
Raytheon Technologies Corp
NYSE:RTX
174B USD 2.1 37.8 19.6 33.4
US
RTX Corp
LSE:0R2N
172.6B USD 2.1 37.5 19.5 33.2
US
Boeing Co
NYSE:BA
139.7B USD 2 -12 -19.4 -15.8
NL
Airbus SE
PAR:AIR
122.1B EUR 1.8 28.9 15.3 24.2
FR
Safran SA
PAR:SAF
101.4B EUR 3.7 -152 18.3 24.7
US
Lockheed Martin Corp
NYSE:LMT
110.2B USD 1.5 20 14.2 17.3
UK
Rolls-Royce Holdings PLC
LSE:RR
66.7B GBP 3.5 26.4 20.2 27.9
US
TransDigm Group Inc
NYSE:TDG
81.3B USD 10 49.5 24.8 27
DE
Rheinmetall AG
XETRA:RHM
68.5B EUR 7 95.5 38.3 49.2
US
General Dynamics Corp
NYSE:GD
73.3B USD 1.5 18.4 13.4 15.8
P/E Multiple
Earnings Growth PEG
TR
Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E
Average P/E: 39.2
38.7
43%
0.9
US
Raytheon Technologies Corp
NYSE:RTX
37.8
28%
1.4
US
RTX Corp
LSE:0R2N
37.5
28%
1.3
US
Boeing Co
NYSE:BA
Negative Multiple: -12 N/A N/A
NL
Airbus SE
PAR:AIR
28.9
22%
1.3
FR
Safran SA
PAR:SAF
Negative Multiple: -152 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
20
12%
1.7
UK
Rolls-Royce Holdings PLC
LSE:RR
26.4
3%
8.8
US
TransDigm Group Inc
NYSE:TDG
49.5
24%
2.1
DE
Rheinmetall AG
XETRA:RHM
95.5
56%
1.7
US
General Dynamics Corp
NYSE:GD
18.4
10%
1.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TR
Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E
Average EV/EBITDA: 20.3
19.7
28%
0.7
US
Raytheon Technologies Corp
NYSE:RTX
19.6
17%
1.2
US
RTX Corp
LSE:0R2N
19.5
17%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -19.4 N/A N/A
NL
Airbus SE
PAR:AIR
15.3
20%
0.8
FR
Safran SA
PAR:SAF
18.3
13%
1.4
US
Lockheed Martin Corp
NYSE:LMT
14.2
10%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
20.2
12%
1.7
US
TransDigm Group Inc
NYSE:TDG
24.8
13%
1.9
DE
Rheinmetall AG
XETRA:RHM
38.3
36%
1.1
US
General Dynamics Corp
NYSE:GD
13.4
8%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TR
Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E
Average EV/EBIT: 27.5
22.1
25%
0.9
US
Raytheon Technologies Corp
NYSE:RTX
33.4
29%
1.2
US
RTX Corp
LSE:0R2N
33.2
29%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -15.8 N/A N/A
NL
Airbus SE
PAR:AIR
24.2
27%
0.9
FR
Safran SA
PAR:SAF
24.7
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
17.3
12%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
27.9
17%
1.6
US
TransDigm Group Inc
NYSE:TDG
27
12%
2.2
DE
Rheinmetall AG
XETRA:RHM
49.2
42%
1.2
US
General Dynamics Corp
NYSE:GD
15.8
9%
1.8