Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Enterprise Value: ₺407,303 Mil (As of Jun. 30, 2026) ***


IST:TUPRS Tupras-Turkiye Petrol Rafineleri AS IST:TUPRS
80 GF Score
Price ₺219.30
GF Value ₺147.82
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tupras-Turkiye Petrol Rafineleri AS Enterprise Value?

Tupras-Turkiye Petrol Rafineleri AS IST:TUPRS +0.05% 80 Enterprise Value is ₺407,303 Mil as of Jun. 30, 2026. GuruFocus rates IST:TUPRS with a GF Score™ of 80/100 and a GF Value™ of ₺147.82 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value is ₺407,303 Mil. Tupras-Turkiye Petrol Rafineleri AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₺68,342 Mil. Therefore, Tupras-Turkiye Petrol Rafineleri AS's EV-to-EBIT ratio for today is 5.96.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value is ₺407,303 Mil. Tupras-Turkiye Petrol Rafineleri AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₺83,178 Mil. Therefore, Tupras-Turkiye Petrol Rafineleri AS's EV-to-EBITDA ratio for today is 4.90.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value is ₺407,303 Mil. Tupras-Turkiye Petrol Rafineleri AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₺894,095 Mil. Therefore, Tupras-Turkiye Petrol Rafineleri AS's EV-to-Revenue ratio for today is 0.46.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value is ₺407,303 Mil. Tupras-Turkiye Petrol Rafineleri AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₺82,215 Mil. Therefore, Tupras-Turkiye Petrol Rafineleri AS's EV-to-OCF ratio for today is 4.95.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value is ₺407,303 Mil. Tupras-Turkiye Petrol Rafineleri AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₺62,797 Mil. Therefore, Tupras-Turkiye Petrol Rafineleri AS's EV-to-FCF ratio for today is 6.49.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Tupras-Turkiye Petrol Rafineleri AS  (IST:TUPRS) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Tupras-Turkiye Petrol Rafineleri AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=407302.803/68342.49
=5.96

Tupras-Turkiye Petrol Rafineleri AS's current Enterprise Value is ₺407,303 Mil.
Tupras-Turkiye Petrol Rafineleri AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺68,342 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Tupras-Turkiye Petrol Rafineleri AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=407302.803/83177.668
=4.90

Tupras-Turkiye Petrol Rafineleri AS's current Enterprise Value is ₺407,303 Mil.
Tupras-Turkiye Petrol Rafineleri AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺83,178 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Tupras-Turkiye Petrol Rafineleri AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=407302.803/894095.372
=0.46

Tupras-Turkiye Petrol Rafineleri AS's current Enterprise Value is ₺407,303 Mil.
Tupras-Turkiye Petrol Rafineleri AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺894,095 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Tupras-Turkiye Petrol Rafineleri AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=407302.803/82215.429
=4.95

Tupras-Turkiye Petrol Rafineleri AS's current Enterprise Value is ₺407,303 Mil.
Tupras-Turkiye Petrol Rafineleri AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺82,215 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Tupras-Turkiye Petrol Rafineleri AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=407302.803/62796.526
=6.49

Tupras-Turkiye Petrol Rafineleri AS's current Enterprise Value is ₺407,303 Mil.
Tupras-Turkiye Petrol Rafineleri AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺62,797 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tupras-Turkiye Petrol Rafineleri AS Enterprise Value Related Terms


Tupras-Turkiye Petrol Rafineleri AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tupras-Turkiye Petrol Rafineleri AS Enterprise Value Chart

Tupras-Turkiye Petrol Rafineleri AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55,211.41 125,750.66 201,110.36 224,310.07 319,574.89

Tupras-Turkiye Petrol Rafineleri AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 259,173.01 241,415.12 306,952.92 319,574.89 482,351.60

IST:TUPRS vs VLO, MPC, PSX: Enterprise Value Comparison

For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tupras-Turkiye Petrol Rafineleri AS Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value falls into.


IST:TUPRS
80GF Score
Tupras-Turkiye Petrol Rafineleri AS IST:TUPRS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tupras-Turkiye Petrol Rafineleri AS Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₺407,303 Mil mean?
Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) has a Enterprise Value of ₺407,303 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tupras-Turkiye Petrol Rafineleri AS and its competitors.
Is Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value too high?
Tupras-Turkiye Petrol Rafineleri AS's current Enterprise Value is ₺407,303 Mil. Overall, Tupras-Turkiye Petrol Rafineleri AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value compare to VLO and MPC?
Tupras-Turkiye Petrol Rafineleri AS's Enterprise Value of ₺407,303 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tupras-Turkiye Petrol Rafineleri AS and its competitors. Tupras-Turkiye Petrol Rafineleri AS's current Enterprise Value is ₺407,303 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tupras-Turkiye Petrol Rafineleri AS stock overvalued right now?
Based on GuruFocus' analysis, Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺147.82, compared to a current price of ₺219.30 — trading 48.4% above its estimated fair value. The current Enterprise Value is ₺407,303 Mil. Tupras-Turkiye Petrol Rafineleri AS's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS), the current Enterprise Value is ₺407,303 Mil as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Overvalued in 2026?

Based on GuruFocus' analysis, Tupras-Turkiye Petrol Rafineleri AS stock appears to be overvalued. The current stock price of ₺219.30 is trading 48.4% above its estimated GF Value™ of ₺147.82. GuruFocus considers Tupras-Turkiye Petrol Rafineleri AS to be Significantly Overvalued.

Key valuation signals for IST:TUPRS:

  • Enterprise Value: ₺407,303 Mil
  • GF Value™: ₺147.82 vs. price of ₺219.30 (48.4% above fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the IST:TUPRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tupras-Turkiye Petrol Rafineleri AS Business Description

Industry EnergyOil & Gas
Address Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.
80GF Score

Get the complete analysis for IST:TUPRS

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺219.30
Price
₺147.82
GF Value