Financials Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi

Equities

MERCN

TREMRCN00023

Commodity Chemicals

Delayed Borsa Istanbul 03:03:47 2024-07-10 am EDT 5-day change 1st Jan Change
11.69 TRY +0.78% Intraday chart for Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi +2.65% -16.32%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 615.5 2,820 2,648
Enterprise Value (EV) 1 711.8 3,061 3,122
P/E ratio 5.06 x 12.9 x 43.5 x
Yield - - -
Capitalization / Revenue 0.92 x 1.9 x 1.1 x
EV / Revenue 1.07 x 2.07 x 1.29 x
EV / EBITDA 7.01 x 13.5 x 12.2 x
EV / FCF -4,452,161 x -13,693,025 x 98,173,184 x
FCF Yield -0% -0% 0%
Price to Book 1.72 x 4.2 x 2.02 x
Nbr of stocks (in thousands) 190,371 190,371 190,371
Reference price 2 3.233 14.81 13.91
Announcement Date 3/11/22 3/9/23 5/20/24
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 212.7 326.1 665.8 1,482 2,412
EBITDA 1 20.78 39.22 101.6 226.9 256.5
EBIT 1 13.23 32.94 93.54 213.5 220.9
Operating Margin 6.22% 10.1% 14.05% 14.41% 9.16%
Earnings before Tax (EBT) 1 19.91 37.57 141.2 236.6 95.98
Net income 1 10.58 30.56 121.6 218 60.84
Net margin 4.97% 9.37% 18.26% 14.71% 2.52%
EPS 2 0.0783 0.2264 0.6386 1.145 0.3196
Free Cash Flow - -64.39 -159.9 -223.5 31.8
FCF margin - -19.75% -24.01% -15.08% 1.32%
FCF Conversion (EBITDA) - - - - 12.4%
FCF Conversion (Net income) - - - - 52.28%
Dividend per Share - - - - -
Announcement Date 3/8/21 3/8/21 3/11/22 3/9/23 5/20/24
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 117 155 96.2 241 474
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) 5.652 x 3.951 x 0.9476 x 1.061 x 1.848 x
Free Cash Flow - -64.4 -160 -224 31.8
ROE (net income / shareholders' equity) - 50.6% 56.3% 42.4% 4.81%
ROA (Net income/ Total Assets) - 8.57% 12.3% 14.3% 6.28%
Assets 1 - 356.8 989 1,520 969
Book Value Per Share 2 0.3500 0.5500 1.880 3.530 6.880
Cash Flow per Share 2 0.0600 0.1300 0.2900 0.6300 0.6400
Capex 1 15.3 8.86 47.1 48.5 258
Capex / Sales 7.21% 2.72% 7.08% 3.27% 10.7%
Announcement Date 3/8/21 3/8/21 3/11/22 3/9/23 5/20/24
1TRY in Million2TRY
Estimates
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