Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Greatly undervalued vs peers
About
Aksigorta A.S. is a Turkish insurance provider specializing in non-life coverage, catering to both individual (retail) and business (corporate) clients across the country. Its extensive portfolio encompasses a wide array of coverage options, including policies for motor vehicles (such as liability and comprehensive car insurance), property protection (like fire, home, and content coverage), marine risks, personal accident and health plans, and specialized solutions for travel, engineering projects, and agricultural needs. These offerings are distributed through a broad network comprising company branches, independent agencies, brokerage firms, and various contracted partners. Established in 1960, Aksigorta A.S. maintains its corporate headquarters in Istanbul, Turkey.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, underpriced on P/FC.
Target Price
The average target price of AKGRT.IS is 10.4 and suggests 66.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to