Risk factor
Considerable default risk
Profitability factor
Greatly undervalued vs peers
About
Bera Holding A.S. is a globally diversified enterprise, active across numerous industries including paper and packaging, industrial machinery, petroleum, construction and building materials, natural stone, textiles, tourism, and food production. The company's operations include manufacturing paper goods and offering packaging services, as well as producing and marketing URB-branded bearings. It manages the storage, filling, and distribution of liquid petroleum gas (LPG) for cylinders, bulk supply, and automotive use. In the food sector, Bera Holding produces items such as flour, semolina, pulses, pasta, biscuits, marshmallows, and wafers. Its construction arm undertakes a wide array of projects, encompassing housing complexes, shopping centers, hotels, hospitals, administrative buildings, factories, industrial facilities, social and cultural centers, schools, and bespoke concept developments. Furthermore, the holding is involved in marble and mineral extraction, the production of knitted fabrics, and hotel operations. Founded in 1988 and based in Konya, Turkey, the company was formerly known as Kombassan Holding A.S. before rebranding to Bera Holding A.S. in July 2017.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is of fair value on EV/EBITDA, undervalued on P/FC.