Eregli Demir ve Çelik Fabrikalari T.A.S. (ERELY)
Basic Materials · PNK · US
Fundamentals
Valuation and ratings
Eregli Demir ve Çelik Fabrikalari T.A.S. trades at USD9.00, which is 120% below the USD19.80 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 24 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 450.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Eregli Demir ve Çelik Fabrikalari T.A.S.
Eregli Demir ve Çelik Fabrikalari T.A.S., together with its subsidiaries, produces and sells iron and steel rolled products, alloyed and non-alloyed iron, cast and pressed steel, coke, and by-products in Turkey and internationally. The company offers flat steel products, including hot and cold rolled flat steel, plate, tin, chrome, and galvanized coated sheets. It also engages in the production of integrated and electrical steel; renewable energy generation; industrial gas production and sale; pellets; iron and magnesite ores; refractory; trading; recycling; and special purpose business. In addition, the company offers after-sales, laboratory and calibration, steel service center, and port services; and management and consulting services. Further, it exports its products. The company serves the automotive, white goods, tube mills, rolling mills, general manufacturing, electric&electronics, machinery, energy, heating equipment, shipbuilding, defense, packaging, and renewable energy industries. Eregli Demir ve Çelik Fabrikalari T.A.S. was founded in 1960 and is headquartered in Istanbul, Turkey.
ERELY passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Eregli Demir ve Çelik Fabrikalari T.A.S. (ERELY) undervalued?
Against our discounted cash flow estimate of USD19.80, ERELY at USD9.00 is 120% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is ERELY's P/E ratio?
ERELY trades at 450.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
The full research page for ERELY, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.