Financials Aksigorta

Equities

AKGRT

TRAAKGRT91O5

Multiline Insurance & Brokers

Delayed Borsa Istanbul 03:37:26 2024-06-12 am EDT 5-day change 1st Jan Change
7.8 TRY +0.52% Intraday chart for Aksigorta -1.01% +48.76%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,120 1,864 2,846 3,244 6,287 8,463
Enterprise Value (EV) 1 -655.2 119.7 941.2 1,587 1,746 3,232
P/E ratio 4.92 x 5.09 x 6.58 x 17.1 x -49.4 x 7.36 x
Yield - - - - - -
Capitalization / Revenue 0.51 x 0.7 x 0.9 x 0.81 x 1.03 x 0.86 x
EV / Revenue -0.3 x 0.04 x 0.3 x 0.4 x 0.29 x 0.33 x
EV / EBITDA -2.37 x 0.28 x 1.67 x 47.9 x -2.41 x 9.13 x
EV / FCF -1.03 x 1.03 x 3.59 x -21.7 x 1.05 x -25.7 x
FCF Yield -96.8% 97.4% 27.9% -4.6% 94.9% -3.9%
Price to Book 1.56 x 2.07 x 2.53 x 3.09 x 3.24 x 2.62 x
Nbr of stocks (in thousands) 612,000 612,000 612,000 612,000 1,612,000 1,612,000
Reference price 2 1.830 3.045 4.650 5.300 3.900 5.250
Announcement Date 2/8/19 1/30/20 2/1/21 2/7/22 2/13/23 2/9/24
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 2,752 3,195 4,241 6,566 - -
EBITDA - - - - - -
EBIT 492.3 550 - - - -
Operating Margin 17.89% 17.21% - - - -
Earnings before Tax (EBT) 492.3 550 294.7 -127.3 1,333 -
Net income 1 366.4 432.3 189.4 -127.3 1,185 2,806
Net margin 13.31% 13.53% 4.47% -1.94% - -
EPS 0.5985 0.7064 0.3094 -0.0790 0.7352 -
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 0.3300 - - - - -
Announcement Date 1/30/20 2/1/21 2/7/22 2/13/23 2/8/24 -
1TRY in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales - - - - - - - - - -
EBITDA - - - - - - - - - -
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - -
Net income 1 -41.54 -254.3 -191.6 51 267.6 127.3 454.9 131.7 471.3 235.4
Net margin - - - - - - - - - -
EPS - - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 2/7/22 4/29/22 8/9/22 10/31/22 2/13/23 5/3/23 8/7/23 10/31/23 2/8/24 5/6/24
1TRY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - 5,111 - 7,792 -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 45.3% 42.8% 16.8% - 45.8% 41.2%
ROA (Net income/ Total Assets) - 8.45% 2.92% - 6.98% -
Assets 1 - 5,114 6,494 - 16,982 -
Book Value Per Share 1.470 1.830 - - - -
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 1/30/20 2/1/21 2/7/22 2/13/23 2/8/24 -
1TRY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
7.76 TRY
Average target price
9.272 TRY
Spread / Average Target
+19.49%
Consensus

Annual profits - Rate of surprise