Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Tupras-Turkiye Petrol Rafineleri AS's Intrinsic Value: Projected FCF or its related term are showing as below:
TUPRF'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.34 Med: 0.59 Max: 2.13
Current: 0.65
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Tupras-Turkiye Petrol Rafineleri AS was 2.13. The lowest was 0.34. And the median was 0.59.
TUPRF's Price-to-Projected-FCF is ranked better than 64.93% of 633
companies
in the Oil & Gas industry
Industry Median: 0.86
vs TUPRF: 0.65
Tupras-Turkiye Petrol Rafineleri AS (OTCPK:TUPRF) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Tupras-Turkiye Petrol Rafineleri AS's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
3.46429
/
14.90195854322
=
0.23
* 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 Intrinsic Value: Projected FCF Related Terms
Tupras-Turkiye Petrol Rafineleri AS Intrinsic Value: Projected FCF 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.
Tupras-Turkiye Petrol Rafineleri AS Intrinsic Value: Projected FCF Chart
TUPRF vs MPC, VLO, PSX: Intrinsic Value: Projected FCF Comparison
For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri AS's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tupras-Turkiye Petrol Rafineleri AS's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Tupras-Turkiye Petrol Rafineleri AS's Price-to-Projected-FCF falls into.
Tupras-Turkiye Petrol Rafineleri AS Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $5.33 mean?
Tupras-Turkiye Petrol Rafineleri AS (TUPRF) has a Intrinsic Value: Projected FCF of $5.33 as of Sep. 22, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Tupras-Turkiye Petrol Rafineleri AS and its competitors. According to the industry distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #222 out of 633 companies in the Oil & Gas industry, placing it in the top 35.1%.
Is Tupras-Turkiye Petrol Rafineleri AS's Intrinsic Value: Projected FCF too high?
Tupras-Turkiye Petrol Rafineleri AS's current Intrinsic Value: Projected FCF is $5.33. The Oil & Gas industry median Intrinsic Value: Projected FCF is 0.86. Tupras-Turkiye Petrol Rafineleri AS's value of $5.33 is 519.8% above this industry median. Based on the distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #222 out of 633 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Tupras-Turkiye Petrol Rafineleri AS has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tupras-Turkiye Petrol Rafineleri AS's Intrinsic Value: Projected FCF compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #222 out of 633 companies for Intrinsic Value: Projected FCF. This puts Tupras-Turkiye Petrol Rafineleri AS in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.86. Tupras-Turkiye Petrol Rafineleri AS's value of $5.33 is 519.8% 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 Intrinsic Value: Projected FCF for an Oil & Gas company?
The median Intrinsic Value: Projected FCF among Oil & Gas companies is 0.86, based on 633 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tupras-Turkiye Petrol Rafineleri AS's current Intrinsic Value: Projected FCF of $5.33 is 519.8% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Tupras-Turkiye Petrol Rafineleri AS and its competitors. For the Oil & Gas industry, the median Intrinsic Value: Projected FCF is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tupras-Turkiye Petrol Rafineleri AS's current Intrinsic Value: Projected FCF is $5.33. 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?
Tupras-Turkiye Petrol Rafineleri AS (TUPRF) has a current Intrinsic Value: Projected FCF of $5.33. The stock's GF Value™ is $1.58, compared to a current price of $3.46 — trading 119.3% above its estimated fair value. The current Intrinsic Value: Projected FCF is $5.33 and 519.8% above the Oil & Gas industry median of 0.86. Tupras-Turkiye Petrol Rafineleri AS's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Tupras-Turkiye Petrol Rafineleri AS (TUPRF), the current Intrinsic Value: Projected FCF is $5.33 as of Sep. 22, 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 (TUPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Tupras-Turkiye Petrol Rafineleri AS stock appears to be overvalued.
The current stock price of $3.46 is trading 119.3% above its estimated GF Value™ of $1.58.
Key valuation signals for TUPRF:
Intrinsic Value: Projected FCF: $5.33
GF Value™: $1.58 vs. price of $3.46 (119.3% above fair value)
Industry Position: 519.8% above the Oil & Gas median (#222 of 633)
No single metric tells the full story. See the TUPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
65GF Score
Get the complete analysis for TUPRF
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TUPRF has been successfully added to your 
