Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E

Watchlist Manager
Aselsan Elektronik Sanayi ve Ticaret AS Logo
Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E
Watchlist
Price: 183.4 TRY -0.6% Market Closed
Market Cap: 836.3B TRY
Section:
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one ASELS.E stock under the Base Case scenario is 278.1 TRY. Compared to the current market price of 183.4 TRY, Aselsan Elektronik Sanayi ve Ticaret AS is Undervalued by 34%.

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
278.1 TRY
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.3
P/S
P/S
Price to Sales
6.3
vs History
3
vs Industry
38
Median 3Y
3.1
Median 5Y
2.4
Industry
4.3
Forward
4.6
More Details
48
P/E
P/E
Price to Earnings
48
vs History
12
vs Industry
32
Median 3Y
33.6
Median 5Y
11.7
Industry
34.2
Forward
29.2
More Details
25.4
P/OCF
P/OCF
Price to OCF
25.4
vs History
33
vs Industry
27
Median 3Y
29.9
Median 5Y
18.2
Industry
19.7
More Details
84
P/FCFE
P/FCFE
Price to FCFE
84
vs History
19
vs Industry
15
Median 3Y
57.8
Median 5Y
-24.6
Industry
32.2
More Details
4.9
P/B
P/B
Price to Book Value
4.9
vs History
3
vs Industry
34
Median 3Y
2.9
Median 5Y
2.4
Industry
4.1
More Details
6.2
EV/S
EV/S
Enterprise Value to Sales
6.2
vs History
3
vs Industry
36
Median 3Y
3.2
Median 5Y
2.6
Industry
4.5
Forward
4.6
More Details
19.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
19.5
vs History
3
vs Industry
40
Median 3Y
10.9
Median 5Y
8.5
Industry
14
More Details
23.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
23.9
vs History
3
vs Industry
39
Median 3Y
13.5
Median 5Y
10.7
Industry
19.4
Forward
17.5
More Details
27.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
27.2
vs History
3
vs Industry
44
Median 3Y
16
Median 5Y
12.4
Industry
26.5
Forward
18.4
More Details
25.2
EV/OCF
EV/OCF
Enterprise Value to OCF
25.2
vs History
33
vs Industry
28
Median 3Y
30
Median 5Y
19.5
Industry
21
More Details
112.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
112.4
vs History
12
vs Industry
10
Median 3Y
-21.2
Median 5Y
-22.1
Industry
26.9
More Details
3.2
EV/IC
EV/IC
Enterprise Value to IC
3.2
vs History
3
vs Industry
41
Median 3Y
2
Median 5Y
1.6
Industry
2.7
More Details

Multiples Across Competitors

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

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
TR
Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E
836.3B TRY 6.3 48 23.9 27.2
US
Raytheon Technologies Corp
NYSE:RTX
234.5B USD 2.7 35.6 20.6 31
US
RTX Corp
LSE:0R2N
232.8B USD 2.7 35.3 20.4 30.8
NL
Airbus SE
PAR:AIR
161.4B EUR 2.2 31.9 18.9 28.6
US
Boeing Co
NYSE:BA
143.6B USD 1.8 -14.1 -25.4 -19.6
FR
Safran SA
PAR:SAF
121.7B EUR 4.1 28.2 20.4 26.7
UK
Rolls-Royce Holdings PLC
LSE:RR
90.3B GBP 4.6 15.6 21.2 27.1
US
Lockheed Martin Corp
NYSE:LMT
105.3B USD 1.4 25.1 15.6 19.9
US
General Dynamics Corp
NYSE:GD
92.3B USD 1.8 21.9 15.9 18.6
US
Howmet Aerospace Inc
NYSE:HWM
82.4B USD 10.3 56.9 37.3 42.5
US
Northrop Grumman Corp
NYSE:NOC
81.7B USD 2 20.3 17 23.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TR
Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E
Average EV/EBITDA: 21.1
23.9
47%
0.5
US
Raytheon Technologies Corp
NYSE:RTX
20.6
17%
1.2
US
RTX Corp
LSE:0R2N
20.4
17%
1.2
NL
Airbus SE
PAR:AIR
18.9
19%
1
US
Boeing Co
NYSE:BA
Negative Multiple: -25.4 N/A N/A
FR
Safran SA
PAR:SAF
20.4
15%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
21.2
15%
1.4
US
Lockheed Martin Corp
NYSE:LMT
15.6
10%
1.6
US
General Dynamics Corp
NYSE:GD
15.9
8%
2
US
Howmet Aerospace Inc
NYSE:HWM
37.3
17%
2.2
US
Northrop Grumman Corp
NYSE:NOC
17
6%
2.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TR
Aselsan Elektronik Sanayi ve Ticaret AS
IST:ASELS.E
Average EV/EBIT: 27.6
27.2
52%
0.5
US
Raytheon Technologies Corp
NYSE:RTX
31
30%
1
US
RTX Corp
LSE:0R2N
30.8
30%
1
NL
Airbus SE
PAR:AIR
28.6
26%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -19.6 N/A N/A
FR
Safran SA
PAR:SAF
26.7
18%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
27.1
21%
1.3
US
Lockheed Martin Corp
NYSE:LMT
19.9
11%
1.8
US
General Dynamics Corp
NYSE:GD
18.6
10%
1.9
US
Howmet Aerospace Inc
NYSE:HWM
42.5
18%
2.4
US
Northrop Grumman Corp
NYSE:NOC
23.2
6%
3.9

See Also

Summary
ASELS.E intrinsic value, competitors valuation, and company profile.
DCF Valuation
ASELS.E stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ASELS.E stock valuation using valuation multiples.
Wall Street Estimates
ASELS.E price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ASELS.E stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 299,800+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.