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Turk Altin Isletmeleri AS (FRA:2KAA) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Turk Altin Isletmeleri AS Forward PE Ratio Related Terms
Turk Altin Isletmeleri AS Forward PE Ratio Historical Data
* 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.
Turk Altin Isletmeleri AS Forward PE Ratio Chart
Turk Altin Isletmeleri AS Annual Data
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Forward PE Ratio
Turk Altin Isletmeleri AS Quarterly Data
Forward PE Ratio
FRA:2KAA vs NEM, AU, RGLD: Forward PE Ratio Comparison
For the Gold subindustry, Turk Altin Isletmeleri AS's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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.
Turk Altin Isletmeleri AS Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Turk Altin Isletmeleri AS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Turk Altin Isletmeleri AS's Forward PE Ratio falls into.
Turk Altin Isletmeleri AS Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Turk Altin Isletmeleri AS (FRA:2KAA) has a Forward PE Ratio of 16.11 as of Aug. 09, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Turk Altin Isletmeleri AS and its competitors. According to the industry distribution chart, Turk Altin Isletmeleri AS ranks #337 out of 490 companies in the Metals & Mining industry, placing it in the top 68.8%.
Is Turk Altin Isletmeleri AS's Forward PE Ratio too high?
Turk Altin Isletmeleri AS's current Forward PE Ratio is 16.11. The Metals & Mining industry median Forward PE Ratio is 12.09. Turk Altin Isletmeleri AS's value of 16.11 is 33.3% above this industry median. Based on the distribution chart, Turk Altin Isletmeleri AS ranks #337 out of 490 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Turk Altin Isletmeleri AS has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turk Altin Isletmeleri AS's Forward PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Turk Altin Isletmeleri AS ranks #337 out of 490 companies for Forward PE Ratio. This places Turk Altin Isletmeleri AS in the lower half of its industry. The industry median Forward PE Ratio is 12.09. Turk Altin Isletmeleri AS's value of 16.11 is 33.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Metals & Mining company?
The median Forward PE Ratio among Metals & Mining companies is 12.09, based on 490 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turk Altin Isletmeleri AS's current Forward PE Ratio of 16.11 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Turk Altin Isletmeleri AS and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 12.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Altin Isletmeleri AS's current Forward PE Ratio is 16.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Altin Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS (FRA:2KAA) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.98, compared to a current price of €8.32 — trading 19.2% above its estimated fair value. The current Forward PE Ratio is 16.11 and 33.3% above the Metals & Mining industry median of 12.09. Turk Altin Isletmeleri AS's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Turk Altin Isletmeleri AS (FRA:2KAA), the current Forward PE Ratio is 16.11 as of Aug. 09, 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 Turk Altin Isletmeleri AS (FRA:2KAA) Overvalued in 2026?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS stock appears to be overvalued.
The current stock price of €8.32 is trading 19.2% above its estimated GF Value™ of €6.98.
GuruFocus considers Turk Altin Isletmeleri AS to be Modestly Overvalued.
Key valuation signals for FRA:2KAA:
Forward PE Ratio: 16.11
GF Value™: €6.98 vs. price of €8.32 (19.2% above fair value)
Industry Position: 33.3% above the Metals & Mining median (#337 of 490)
No single metric tells the full story. See the FRA:2KAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turk Altin Isletmeleri AS , formerly Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. Its operating mines include an underground mine at Ovacik, a mine in Cukuralan that utilizes both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.
72GF Score
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