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: 710 TRY -0.98% Market Closed
Market Cap: 71B TRY
Have any thoughts about
Turk Traktor ve Ziraat Makineleri AS?
Write Note

Relative Value

The Relative Value of one TTRAK.E stock under the Base Case scenario is 1 207.28 TRY. Compared to the current market price of 710 TRY, Turk Traktor ve Ziraat Makineleri AS is Undervalued by 41%.

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
1 207.28 TRY
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
52
vs Industry
50
Median 3Y
0.8
Median 5Y
0.8
Industry
1.6
Forward
1.1
vs History
55
vs Industry
63
Median 3Y
7.3
Median 5Y
7.6
Industry
20.5
Forward
7.4
vs History
vs Industry
9
Median 3Y
6.5
Median 5Y
4.5
Industry
14.7
vs History
vs Industry
9
Median 3Y
9.7
Median 5Y
8.4
Industry
20.9
vs History
74
vs Industry
8
Median 3Y
6.1
Median 5Y
5.2
Industry
1.8
vs History
46
vs Industry
53
Median 3Y
0.8
Median 5Y
0.8
Industry
1.6
Forward
1.1
vs History
74
vs Industry
54
Median 3Y
4.1
Median 5Y
4.3
Industry
6.1
vs History
74
vs Industry
60
Median 3Y
5.5
Median 5Y
5.5
Industry
12.4
Forward
6
vs History
76
vs Industry
62
Median 3Y
6.4
Median 5Y
6.6
Industry
16
Forward
6.6
vs History
vs Industry
10
Median 3Y
6
Median 5Y
4.1
Industry
14.6
vs History
vs Industry
29
Median 3Y
6.8
Median 5Y
4.3
Industry
17.7
vs History
63
vs Industry
9
Median 3Y
4.1
Median 5Y
4
Industry
1.3

Multiples Across Competitors

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

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
71B TRY 0.8 7.1 4.5 5.2
US
Deere & Co
NYSE:DE
113.1B USD 2.2 15.9 10.7 12.5
UK
CNH Industrial NV
MIL:CNHI
14.6B EUR 0.6 6.8 6.6 7.8
JP
Kubota Corp
TSE:6326
2.1T JPY 0.7 8.3 6.6 8.8
US
Toro Co
NYSE:TTC
8B USD 1.8 19.2 13.2 16.4
US
AGCO Corp
NYSE:AGCO
6.8B USD 0.5 40.3 10.8 16.6
IN
Escorts Kubota Ltd
NSE:ESCORTS
373.4B INR 3.8 32.1 29 34.2
SE
Husqvarna AB
STO:HUSQ B
33.7B SEK 0.7 23.6 13.1 13.1
CN
First Tractor Co Ltd
SSE:601038
10.4B CNY 0.8 10 10.2 10.2
US
Lindsay Corp
NYSE:LNN
1.3B USD 2.1 19.6 12.5 16
IT
Comer Industries SpA
MIL:COM
882.6m EUR 0.8 11.3 5.2 7.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
Average EV/EBITDA: 11.1
4.5
13%
0.3
US
Deere & Co
NYSE:DE
10.7
-20%
N/A
UK
CNH Industrial NV
MIL:CNHI
6.6
N/A N/A
JP
Kubota Corp
TSE:6326
6.6
2%
3.3
US
Toro Co
NYSE:TTC
13.2
8%
1.7
US
AGCO Corp
NYSE:AGCO
10.8
-14%
N/A
IN
Escorts Kubota Ltd
NSE:ESCORTS
29
14%
2.1
SE
Husqvarna AB
STO:HUSQ B
13.1
2%
6.6
CN
F
First Tractor Co Ltd
SSE:601038
10.2
29%
0.4
US
Lindsay Corp
NYSE:LNN
12.5
8%
1.6
IT
Comer Industries SpA
MIL:COM
5.2
-3%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
Average EV/EBIT: 13.5
5.2
13%
0.4
US
Deere & Co
NYSE:DE
12.5
-21%
N/A
UK
CNH Industrial NV
MIL:CNHI
7.8
N/A N/A
JP
Kubota Corp
TSE:6326
8.8
N/A N/A
US
Toro Co
NYSE:TTC
16.4
8%
2.1
US
AGCO Corp
NYSE:AGCO
16.6
-18%
N/A
IN
Escorts Kubota Ltd
NSE:ESCORTS
34.2
17%
2
SE
Husqvarna AB
STO:HUSQ B
13.1
4%
3.3
CN
F
First Tractor Co Ltd
SSE:601038
10.2
21%
0.5
US
Lindsay Corp
NYSE:LNN
16
10%
1.6
IT
Comer Industries SpA
MIL:COM
7.4
-6%
N/A