Ratings Türk Hava Yollari Anonim Ortakligi

Equities

THYAO

TRATHYAO91M5

Delayed Borsa Istanbul Other stock markets 04:21:58 2024-06-10 am EDT			5-day change	1st Jan Change
301.5 ^TRY	-0.33%		-3.37%	+31.89%

Jun. 04	Turkish Airlines' talks with Boeing for new order hinges on engine deal	RE
May. 23	Transcript : Türk Hava Yollari Anonim Ortakligi, Q1 2024 Earnings Call, May 23, 2024

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
The company returns high margins, thereby supporting business profitability.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company appears to be poorly valued given its net asset value.
The company has a low valuation given the cash flows generated by its activity.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Sales forecast by analysts have been recently revised upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company's earnings growth outlook lacks momentum and is a weakness.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Airlines

	1st Jan change	Capi.	ESG Refinitiv
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI	+31.89%	12.9B	A-
DELTA AIR LINES, INC.	+25.38%	32.55B	C
RYANAIR HOLDINGS PLC	-8.96%	21.56B	B-
INTERGLOBE AVIATION LIMITED	+54.40%	20.21B	C+
SINGAPORE AIRLINES LIMITED	+3.81%	17.94B	B
UNITED AIRLINES HOLDINGS, INC.	+28.45%	17.43B	C
AIR CHINA LIMITED	-17.41%	14.55B	B+
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-1.81%	12.85B	B
CHINA EASTERN AIRLINES CORPORATION LIMITED	+2.06%	10.79B	B-
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	+9.02%	10.67B	B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes