Financials MLP Saglik Hizmetleri

Equities

MPARK

TREMLPC00021

Healthcare Facilities & Services

Delayed Borsa Istanbul 03:21:09 2024-07-17 am EDT 5-day change 1st Jan Change
379.5 TRY +0.40% Intraday chart for MLP Saglik Hizmetleri +12.69% +154.87%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,329 4,134 6,212 18,765 30,998 78,638 - -
Enterprise Value (EV) 1 5,372 6,250 8,281 20,817 34,241 81,835 75,984 66,910
P/E ratio 94.1 x 64.1 x 21.3 x 11.6 x 6.84 x 9.7 x 7.79 x 5.99 x
Yield - - - - - 1.27% 1.67% 2.14%
Capitalization / Revenue 0.9 x 1.03 x 1.07 x 1.91 x 1.38 x 2.1 x 1.67 x 1.22 x
EV / Revenue 1.45 x 1.56 x 1.43 x 2.12 x 1.53 x 2.18 x 1.61 x 1.04 x
EV / EBITDA 6.81 x 6.22 x 5.96 x 8.88 x 5.92 x 9.41 x 6.28 x 3.89 x
EV / FCF 10.7 x 8.32 x 7.14 x 15.9 x 10.7 x 24.6 x 18.4 x 9.68 x
FCF Yield 9.36% 12% 14% 6.29% 9.36% 4.07% 5.43% 10.3%
Price to Book 14.5 x 14.6 x 11.5 x 10.4 x 2.45 x 2.57 x 1.32 x 0.76 x
Nbr of stocks (in thousands) 208,037 208,037 208,037 208,037 208,037 208,037 - -
Reference price 2 16.00 19.87 29.86 90.20 149.0 378.0 378.0 378.0
Announcement Date 3/5/20 3/8/21 3/8/22 3/8/23 3/19/24 - - -
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,704 4,015 5,796 9,837 22,449 37,464 47,153 64,397
EBITDA 1 788.8 1,005 1,389 2,346 5,784 8,693 12,095 17,189
EBIT 1 522.9 753.6 1,053 1,900 4,241 8,974 10,477 13,253
Operating Margin 14.12% 18.77% 18.17% 19.32% 18.89% 23.95% 22.22% 20.58%
Earnings before Tax (EBT) 1 82.12 185.5 371.9 1,304 5,825 6,422 8,352 10,885
Net income 1 36.25 64.93 290.4 1,619 4,530 4,838 6,569 8,403
Net margin 0.98% 1.62% 5.01% 16.46% 20.18% 12.91% 13.93% 13.05%
EPS 2 0.1700 0.3100 1.400 7.780 21.77 38.98 48.51 63.06
Free Cash Flow 1 502.8 751.3 1,160 1,309 3,203 3,333 4,124 6,909
FCF margin 13.58% 18.71% 20.01% 13.3% 14.27% 8.9% 8.75% 10.73%
FCF Conversion (EBITDA) 63.75% 74.72% 83.49% 55.8% 55.39% 38.34% 34.1% 40.19%
FCF Conversion (Net income) 1,387.09% 1,157.04% 399.26% 80.82% 70.72% 68.9% 62.78% 82.22%
Dividend per Share 2 - - - - - 4.800 6.300 8.100
Announcement Date 3/5/20 3/8/21 3/8/22 3/8/23 3/19/24 - - -
1TRY in Million2TRY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 2,542 1,756 2,187 2,230 2,476 2,944 3,474 3,693 4,869 10,414 7,960
EBITDA 1 631.2 366.6 501.9 540.6 589.7 713.3 814.1 895.8 1,700 2,374 1,900
EBIT 477 268.8 - - - - - - - - -
Operating Margin 18.76% 15.31% - - - - - - - - -
Earnings before Tax (EBT) 188.2 - - - - - - - - - -
Net income 1 147.3 125.4 170 406.8 461.7 580.8 244.8 687.1 689.1 2,909 683
Net margin 5.79% 7.14% 7.78% 18.24% 18.65% 19.73% 7.05% 18.61% 14.15% 27.93% 8.58%
EPS - 0.6100 - - - - - - - - -
Dividend per Share - - - - - - - - - - -
Announcement Date 8/12/21 3/8/22 5/10/22 8/11/22 11/7/22 3/8/23 5/9/23 8/8/23 11/7/23 3/19/24 5/28/24
1TRY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,043 2,117 2,069 2,053 3,243 3,197 - -
Net Cash position 1 - - - - - - 2,654 11,728
Leverage (Debt/EBITDA) 2.59 x 2.105 x 1.49 x 0.8751 x 0.5608 x 0.3678 x - -
Free Cash Flow 1 503 751 1,160 1,309 3,203 3,333 4,124 6,909
ROE (net income / shareholders' equity) 10.3% 25.3% 70.7% 138% 40.1% 32.2% 28.1% 23.4%
ROA (Net income/ Total Assets) 1.01% 1.53% 5.63% 22.8% 17.8% - - -
Assets 1 3,577 4,243 5,160 7,092 25,516 - - -
Book Value Per Share 2 1.110 1.360 2.590 8.680 60.90 147.0 287.0 497.0
Cash Flow per Share 2 3.190 4.320 7.940 9.490 21.50 47.60 86.70 109.0
Capex 1 160 148 458 680 1,272 3,733 4,258 4,757
Capex / Sales 4.33% 3.69% 7.91% 6.92% 5.67% 9.96% 9.03% 7.39%
Announcement Date 3/5/20 3/8/21 3/8/22 3/8/23 3/19/24 - - -
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
378 TRY
Average target price
324.4 TRY
Spread / Average Target
-14.17%
Consensus

Quarterly revenue - Rate of surprise

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