Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E

Watchlist Manager
Turk Traktor ve Ziraat Makineleri AS Logo
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
Watchlist
Price: 599 TRY -0.17%
Market Cap: 59.9B TRY

Relative Value

The Relative Value of one TTRAK.E stock under the Base Case scenario is 774.79 TRY. Compared to the current market price of 599 TRY, Turk Traktor ve Ziraat Makineleri AS is Undervalued by 23%.

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.

TTRAK.E Relative Value
Base Case
774.79 TRY
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
73
vs Industry
54
Median 3Y
0.9
Median 5Y
0.8
Industry
1.6
Forward
0.9
vs History
25
vs Industry
48
Median 3Y
7.7
Median 5Y
7.8
Industry
21
Forward
8.4
vs History
11
vs Industry
9
Median 3Y
6.3
Median 5Y
5.2
Industry
14.5
vs History
22
vs Industry
9
Median 3Y
9.4
Median 5Y
8.4
Industry
20.4
vs History
77
vs Industry
13
Median 3Y
5.8
Median 5Y
5.5
Industry
1.8
vs History
61
vs Industry
53
Median 3Y
0.8
Median 5Y
0.8
Industry
1.7
Forward
0.9
vs History
53
vs Industry
43
Median 3Y
4.5
Median 5Y
4.4
Industry
6.2
vs History
26
vs Industry
47
Median 3Y
6.1
Median 5Y
5.9
Industry
12.1
Forward
6.9
vs History
22
vs Industry
49
Median 3Y
7
Median 5Y
6.8
Industry
16.1
Forward
5.6
vs History
7
vs Industry
10
Median 3Y
5.9
Median 5Y
4.7
Industry
14.7
vs History
vs Industry
29
Median 3Y
3.8
Median 5Y
4.3
Industry
18
vs History
88
vs Industry
14
Median 3Y
3.9
Median 5Y
4
Industry
1.4

Multiples Across Competitors

TTRAK.E Competitors Multiples
Turk Traktor ve Ziraat Makineleri AS Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
59.9B TRY 0.8 10 6.4 8.2
US
Deere & Co
NYSE:DE
141.6B USD 3.1 25.1 14.6 17.6
UK
CNH Industrial NV
MIL:CNHI
14.6B EUR 0.7 7.5 7 8.3
JP
Kubota Corp
TSE:6326
1.8T JPY 0.6 9.3 7.2 10.5
US
AGCO Corp
NYSE:AGCO
7.7B USD 0.7 -13.2 9.5 14
US
Toro Co
NYSE:TTC
7.2B USD 1.6 17.6 12.4 15.5
IN
Escorts Kubota Ltd
NSE:ESCORTS
361.7B INR 3.5 28.3 27.7 35.2
SE
Husqvarna AB
STO:HUSQ B
28.5B SEK 0.6 29 16.1 16.1
CN
First Tractor Co Ltd
SSE:601038
14.9B CNY 1.3 17.5 18.5 18.5
US
Lindsay Corp
NYSE:LNN
1.5B USD 2.3 19.4 13.2 16.4
IT
Comer Industries SpA
MIL:COM
925.4m EUR 1 13.8 5.9 9.4
P/E Multiple
Earnings Growth PEG
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
Average P/E: 17.7
10
N/A N/A
US
Deere & Co
NYSE:DE
25.1
1%
25.1
UK
CNH Industrial NV
MIL:CNHI
7.5
N/A N/A
JP
Kubota Corp
TSE:6326
9.3
2%
4.6
US
AGCO Corp
NYSE:AGCO
Negative Multiple: -13.2 N/A N/A
US
Toro Co
NYSE:TTC
17.6
7%
2.5
IN
Escorts Kubota Ltd
NSE:ESCORTS
28.3
7%
4
SE
Husqvarna AB
STO:HUSQ B
29
37%
0.8
CN
F
First Tractor Co Ltd
SSE:601038
17.5
12%
1.5
US
Lindsay Corp
NYSE:LNN
19.4
3%
6.5
IT
Comer Industries SpA
MIL:COM
13.8
14%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
Average EV/EBITDA: 12.6
6.4
N/A N/A
US
Deere & Co
NYSE:DE
14.6
-11%
N/A
UK
CNH Industrial NV
MIL:CNHI
7
N/A N/A
JP
Kubota Corp
TSE:6326
7.2
1%
7.2
US
AGCO Corp
NYSE:AGCO
9.5
2%
4.8
US
Toro Co
NYSE:TTC
12.4
8%
1.5
IN
Escorts Kubota Ltd
NSE:ESCORTS
27.7
17%
1.6
SE
Husqvarna AB
STO:HUSQ B
16.1
14%
1.1
CN
F
First Tractor Co Ltd
SSE:601038
18.5
26%
0.7
US
Lindsay Corp
NYSE:LNN
13.2
6%
2.2
IT
Comer Industries SpA
MIL:COM
5.9
3%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
Average EV/EBIT: 15.4
8.2
8%
1
US
Deere & Co
NYSE:DE
17.6
-14%
N/A
UK
CNH Industrial NV
MIL:CNHI
8.3
N/A N/A
JP
Kubota Corp
TSE:6326
10.5
N/A N/A
US
AGCO Corp
NYSE:AGCO
14
1%
14
US
Toro Co
NYSE:TTC
15.5
8%
1.9
IN
Escorts Kubota Ltd
NSE:ESCORTS
35.2
18%
2
SE
Husqvarna AB
STO:HUSQ B
16.1
26%
0.6
CN
F
First Tractor Co Ltd
SSE:601038
18.5
16%
1.2
US
Lindsay Corp
NYSE:LNN
16.4
7%
2.3
IT
Comer Industries SpA
MIL:COM
9.4
6%
1.6