Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E

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Turk Traktor ve Ziraat Makineleri AS Logo
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
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Price: 587 TRY -2.57% Market Closed
Market Cap: 58.7B TRY
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TTRAK.E stock under the Base Case scenario is 750.45 TRY. Compared to the current market price of 587 TRY, Turk Traktor ve Ziraat Makineleri AS is Undervalued by 22%.

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
750.45 TRY
Undervaluation 22%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.7
P/S
P/S
Price to Sales
0.7
vs History
71
vs Industry
54
Median 3Y
0.9
Median 5Y
0.8
Industry
1.6
Forward
0.8
More Details
9.8
P/E
P/E
Price to Earnings
9.8
vs History
25
vs Industry
48
Median 3Y
7.6
Median 5Y
7.8
Industry
20.5
Forward
8.2
More Details
18.3
P/OCF
P/OCF
Price to OCF
18.3
vs History
11
vs Industry
9
Median 3Y
6.3
Median 5Y
4.7
Industry
14.4
More Details
17.6
P/FCFE
P/FCFE
Price to FCFE
17.6
vs History
22
vs Industry
9
Median 3Y
9.4
Median 5Y
8.3
Industry
20.2
More Details
4.2
P/B
P/B
Price to Book Value
4.2
vs History
77
vs Industry
13
Median 3Y
5.9
Median 5Y
5.5
Industry
1.8
More Details
0.8
EV/S
EV/S
Enterprise Value to Sales
0.8
vs History
60
vs Industry
53
Median 3Y
0.8
Median 5Y
0.8
Industry
1.7
Forward
0.9
More Details
4.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.2
vs History
53
vs Industry
43
Median 3Y
4.5
Median 5Y
4.4
Industry
6.1
More Details
6.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
6.3
vs History
25
vs Industry
47
Median 3Y
6.1
Median 5Y
5.8
Industry
12
Forward
6.8
More Details
8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
8
vs History
22
vs Industry
49
Median 3Y
7
Median 5Y
6.8
Industry
15.8
Forward
5.4
More Details
19
EV/OCF
EV/OCF
Enterprise Value to OCF
19
vs History
7
vs Industry
10
Median 3Y
5.9
Median 5Y
4.4
Industry
14.3
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
29
Median 3Y
4.1
Median 5Y
4.3
Industry
18.2
More Details
2.5
EV/IC
EV/IC
Enterprise Value to IC
2.5
vs History
88
vs Industry
14
Median 3Y
3.9
Median 5Y
4
Industry
1.3
More Details

Multiples Across Competitors

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

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
58.7B TRY 0.7 9.8 6.3 8
US
Deere & Co
NYSE:DE
138.4B USD 3 24.5 14.3 17.3
UK
CNH Industrial NV
MIL:CNHI
14.6B EUR 0.7 7.4 6.9 8.2
JP
Kubota Corp
TSE:6326
1.8T JPY 0.6 9.1 7.1 10.4
US
AGCO Corp
NYSE:AGCO
7.5B USD 0.7 -12.9 9.4 13.7
US
Toro Co
NYSE:TTC
7.4B USD 1.6 18.2 12.8 15.9
IN
Escorts Kubota Ltd
NSE:ESCORTS
386.2B INR 3.8 30.5 30.1 38.2
SE
Husqvarna AB
STO:HUSQ B
26.8B SEK 0.6 27.5 15.4 15.4
CN
First Tractor Co Ltd
SSE:601038
14.6B CNY 1.2 17.1 18 18
US
Lindsay Corp
NYSE:LNN
1.5B USD 2.3 19.5 13.3 16.5
FI
Ponsse Oyj
OMXH:PON1V
823.1m EUR 1.1 27.2 9.5 16.5
P/E Multiple
Earnings Growth PEG
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
Average P/E: 19.1
9.8
N/A N/A
US
Deere & Co
NYSE:DE
24.5
1%
24.5
UK
CNH Industrial NV
MIL:CNHI
7.4
N/A N/A
JP
Kubota Corp
TSE:6326
9.1
2%
4.5
US
AGCO Corp
NYSE:AGCO
Negative Multiple: -12.9 N/A N/A
US
Toro Co
NYSE:TTC
18.2
7%
2.6
IN
Escorts Kubota Ltd
NSE:ESCORTS
30.5
N/A N/A
SE
Husqvarna AB
STO:HUSQ B
27.5
37%
0.7
CN
F
First Tractor Co Ltd
SSE:601038
17.1
12%
1.4
US
Lindsay Corp
NYSE:LNN
19.5
3%
6.5
FI
P
Ponsse Oyj
OMXH:PON1V
27.2
60%
0.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
Average EV/EBITDA: 13
6.3
N/A N/A
US
Deere & Co
NYSE:DE
14.3
-11%
N/A
UK
CNH Industrial NV
MIL:CNHI
6.9
N/A N/A
JP
Kubota Corp
TSE:6326
7.1
1%
7.1
US
AGCO Corp
NYSE:AGCO
9.4
2%
4.7
US
Toro Co
NYSE:TTC
12.8
8%
1.6
IN
Escorts Kubota Ltd
NSE:ESCORTS
30.1
17%
1.8
SE
Husqvarna AB
STO:HUSQ B
15.4
14%
1.1
CN
F
First Tractor Co Ltd
SSE:601038
18
26%
0.7
US
Lindsay Corp
NYSE:LNN
13.3
6%
2.2
FI
P
Ponsse Oyj
OMXH:PON1V
9.5
15%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
Average EV/EBIT: 16.2
8
N/A N/A
US
Deere & Co
NYSE:DE
17.3
-15%
N/A
UK
CNH Industrial NV
MIL:CNHI
8.2
N/A N/A
JP
Kubota Corp
TSE:6326
10.4
N/A N/A
US
AGCO Corp
NYSE:AGCO
13.7
1%
13.7
US
Toro Co
NYSE:TTC
15.9
8%
2
IN
Escorts Kubota Ltd
NSE:ESCORTS
38.2
N/A N/A
SE
Husqvarna AB
STO:HUSQ B
15.4
27%
0.6
CN
F
First Tractor Co Ltd
SSE:601038
18
16%
1.1
US
Lindsay Corp
NYSE:LNN
16.5
10%
1.7
FI
P
Ponsse Oyj
OMXH:PON1V
16.5
25%
0.7

See Also

Summary
TTRAK.E intrinsic value, competitors valuation, and company profile.
DCF Valuation
TTRAK.E stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TTRAK.E stock valuation using valuation multiples.
Wall Street Estimates
TTRAK.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
TTRAK.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
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