ARASE Stock Analysis and CommentaryDoğu Aras Enerji Yatırımları A.Ş.

There is no current price target for ARASE from at least 2 brokers in the last 9 months; stale targets and targets dated before a bonus issue are excluded. Our AI fair value model estimates TRY 124.76 (27.30%).

In the 09/10/2026 session ARASE traded at TRY 98.00, a daily change of 1.08%, with a day range of TRY 96.05 – 99.90 and a turnover of TRY 28.8M. Previous close: TRY 96.95. Data is delayed by 15 minutes.

ARASE (Doğu Aras Enerji Yatırımları A.Ş.) is at TRY 98.00 as of 09/10/2026, a daily change of 1.08%. Prices are delayed by 15 minutes; live prices require a Plus membership.

Doğu Aras Enerji Yatırımları A.Ş. trades on Borsa Istanbul under the ticker ARASE. Field of activity as filed with KAP (in Turkish): Şirket enerji piyasasını düzenleyen mevzuat hükümlerine uygun olarak elektrik enerjisi ve/veya kapasitenin dağıtımı ve perakende veya toptan satışı vb. amaçlarla enerji sektöründe faaliyet gösteren şirketler kurulması veya bunlara iştirak edilmesi, iştirak edilen veya yeni kurulan bu şirketlerin yönetimlerinin tayin edilmesi, bu şirketlere teknik, mali, bilgi işlem ve insan kaynakları yönetimi ile diğer konularda danışmanlık hizmeti sağlanması, yeni kurulan veya iştirak ettiği şirketlerin teknik, idari ve mali organizasyonlarında destek sağlanması ve bu şirketler aracılığıyla sınaî veya ticari yatırımlar yapılması faaliyetlerini yürütmek amacıyla kurulmuş ve Türk Ticaret Kanunu (?TTK?), Enerji Piyasası Düzenleme Kurumu (?EPDK?) ve Sermaye Piyasası Kurulu (?SPK?) düzenlemelerine uymak suretiyle EPDK, Enerji ve Tabii Kaynaklar Bakanlığı ve dig?er ilgili Bakanlık, kurul ve birimler nezdinde ve Elektrik Piyasası Mevzuatı dahil olmak üzere ilgili mevzuat çerçevesinde faaliyet göstermektedir. Head office: Muratpaşa Mahallesi Çırçırdere Sokak NO:2 Yakutiye / Erzurum. Chair of the board: Ümit Kiler.

According to the capital structure filed with KAP, the shareholders of ARASE are: Çalık Enerji Ticaret ve Anonim Şirketi (42.51%), Kiler Holding A.Ş. (40.00%), Other (17.49%).

The share price changed −0.36% over the past week, −23.85% over the past month, 33.13% year to date and 88.32% over the past year. The 52-week trading range is TRY 48.94 – 129.60. The last close is 24.38% below the 52-week high.

ARASE has a market cap of TRY 24.5B, a P/E ratio of 8.36, a P/B ratio of 1.00 and an EV/EBITDA of 2.79. Ratios use the latest reported financial statements and the current price.

Doğu Aras Enerji Yatırımları A.Ş. trades in the Electricity, Gas and Water sector on the Star Market market. Its indices: BIST 500, BIST All Shares, XTUMY, BIST Star, BIST Dividend, BIST Participation All, BIST Participation 100, BIST Participation 50, XKTMT, BIST Services, BIST Electricity.

Yes. As of Oct 10, 2026, ARASE is a constituent of the Borsa Istanbul participation indices, which cover companies that comply with interest-free finance principles: BIST Participation All, BIST Participation 100, BIST Participation 50. The current index period is October 2026–April 2027. Borsa Istanbul reviews participation index membership for the May–September and October–April periods; this is not investment advice.

The trailing dividend yield of ARASE is calculated at 1.75%.

Our fair value model estimates TRY 124.76 for ARASE, a difference of 27.30% from the current price. The model was updated on July 21, 2026. This is not investment advice.

Stocks trading alongside ARASE in the Electricity, Gas and Water sector: ASTOR, ENJSA, ENERY, AHGAZ, AKSEN, AYGAZ, VEYAS, EUPWR.

Price, ratio and company data come from IdealData, a licensed Borsa Istanbul data vendor; analyst targets from broker research; AI indicators from Yatırımcı.AI models. Prices are delayed 15 minutes, ratios refresh daily and financial statements after each KAP disclosure.