PETKIM PETROKIMYA HOLDING ANONIM SIRKETI |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.9 TRY | -0.87% |
|
+10.31% | +25.76% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 8,047 | 12,621 | 19,768 | 50,587 | 46,151 | 58,038 | - | - |
| Enterprise Value (EV) 1 | 12,534 | 17,312 | 28,209 | 64,882 | 72,305 | 77,866 | 80,777 | 54,559 |
| P/E ratio | 9.89 x | 11.6 x | 3.63 x | 7.69 x | 6.25 x | 7.32 x | 5.1 x | 4.8 x |
| Yield | - | - | - | - | - | 2.29% | 3.05% | - |
| Capitalization / Revenue | 0.69 x | 1.04 x | 0.69 x | 1.03 x | 0.76 x | 0.57 x | 0.58 x | 0.51 x |
| EV / Revenue | 1.07 x | 1.43 x | 0.98 x | 1.33 x | 1.2 x | 0.76 x | 0.8 x | 0.48 x |
| EV / EBITDA | 8.19 x | 9.56 x | 4.63 x | 19.1 x | -34.1 x | 9.08 x | 5.82 x | - |
| EV / FCF | 17.3 x | 9.81 x | 18.3 x | 170 x | -47.7 x | 21.5 x | 47.2 x | -194 x |
| FCF Yield | 5.78% | 10.2% | 5.46% | 0.59% | -2.1% | 4.65% | 2.12% | -0.51% |
| Price to Book | 1.66 x | 1.66 x | 1.55 x | 2.66 x | 0.9 x | 0.98 x | 0.83 x | 0.71 x |
| Nbr of stocks (in thousands) | 2,534,400 | 2,534,400 | 2,534,400 | 2,534,400 | 2,534,400 | 2,534,400 | - | - |
| Reference price 2 | 3.175 | 4.980 | 7.800 | 19.96 | 18.21 | 22.90 | 22.90 | 22.90 |
| Announcement Date | 3/2/20 | 3/2/21 | 2/28/22 | 1/30/23 | 3/26/24 | - | - | - |
1TRY in Million2TRY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 11,672 | 12,134 | 28,716 | 48,898 | 60,441 | 102,061 | 100,653 | 114,373 |
| EBITDA 1 | 1,531 | 1,810 | 6,090 | 3,390 | -2,121 | 8,574 | 13,873 | - |
| EBIT 1 | 1,195 | 1,387 | 5,550 | 2,484 | -6,379 | -5,295 | 6,252 | 4,928 |
| Operating Margin | 10.24% | 11.43% | 19.33% | 5.08% | -10.55% | -5.19% | 6.21% | 4.31% |
| Earnings before Tax (EBT) 1 | 858.7 | 1,270 | 6,652 | 4,678 | 9,277 | 10,034 | 11,657 | 14,626 |
| Net income 1 | 813.3 | 1,088 | 5,452 | 6,580 | 7,390 | 7,921 | 11,187 | 9,590 |
| Net margin | 6.97% | 8.96% | 18.99% | 13.46% | 12.23% | 7.76% | 11.11% | 8.38% |
| EPS 2 | 0.3209 | 0.4292 | 2.151 | 2.596 | 2.916 | 3.130 | 4.486 | 4.772 |
| Free Cash Flow 1 | 724.8 | 1,765 | 1,540 | 381.4 | -1,517 | 3,623 | 1,711 | -280.9 |
| FCF margin | 6.21% | 14.54% | 5.36% | 0.78% | -2.51% | 3.55% | 1.7% | -0.25% |
| FCF Conversion (EBITDA) | 47.35% | 97.49% | 25.29% | 11.25% | - | 42.26% | 12.33% | - |
| FCF Conversion (Net income) | 89.12% | 162.25% | 28.25% | 5.8% | - | 45.74% | 15.3% | - |
| Dividend per Share 2 | - | - | - | - | - | 0.5250 | 0.6979 | - |
| Announcement Date | 3/2/20 | 3/2/21 | 2/28/22 | 1/30/23 | 3/26/24 | - | - | - |
1TRY in Million2TRY
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 1 | 9,550 | 11,421 | 14,369 | 14,201 | 8,908 | 9,198 | 10,612 | 13,189 | 27,442 | 16,568 |
| EBITDA 1 | 1,692 | 1,553 | 1,299 | 686.5 | -148.6 | -243.1 | 19.16 | 1,233 | -3,130 | 1.839 |
| EBIT | - | 1,369 | 1,465 | - | - | - | - | - | - | - |
| Operating Margin | - | 11.99% | 10.2% | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | 2,150 | 2,086 | - | - | - | - | - | - | - | - |
| Net income 1 | 1,529 | 1,754 | 2,509 | 1,495 | 822.2 | 154.7 | 134.4 | 2,418 | 4,683 | 870.5 |
| Net margin | 16.01% | 15.36% | 17.46% | 10.53% | 9.23% | 1.68% | 1.27% | 18.33% | 17.07% | 5.25% |
| EPS | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/28/22 | 5/9/22 | 8/11/22 | 11/8/22 | 1/30/23 | 5/9/23 | 8/10/23 | 11/8/23 | 3/26/24 | 5/30/24 |
1TRY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 4,487 | 4,691 | 8,441 | 14,295 | 26,154 | 19,828 | 22,740 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 3,479 |
| Leverage (Debt/EBITDA) | 2.931 x | 2.591 x | 1.386 x | 4.217 x | -12.33 x | 2.313 x | 1.639 x | - |
| Free Cash Flow 1 | 725 | 1,765 | 1,540 | 381 | -1,517 | 3,623 | 1,711 | -281 |
| ROE (net income / shareholders' equity) | 18.2% | 15.4% | 53.7% | 41.5% | 15.4% | 14.4% | 21.9% | 15.8% |
| ROA (Net income/ Total Assets) | 5.94% | 5.93% | 21.6% | 15.5% | 7.43% | 6.2% | 8.47% | 7.2% |
| Assets 1 | 13,695 | 18,343 | 25,206 | 42,545 | 99,514 | 127,758 | 132,127 | 133,194 |
| Book Value Per Share 2 | 1.920 | 3.000 | 5.020 | 7.510 | 20.30 | 23.30 | 27.60 | 32.40 |
| Cash Flow per Share 2 | 0.5400 | 1.010 | 1.040 | 1.770 | 0.6500 | 3.880 | 5.090 | 6.720 |
| Capex 1 | 656 | 782 | 1,088 | 4,108 | 3,155 | 2,729 | 3,377 | 3,610 |
| Capex / Sales | 5.62% | 6.45% | 3.79% | 8.4% | 5.22% | 2.67% | 3.36% | 3.16% |
| Announcement Date | 3/2/20 | 3/2/21 | 2/28/22 | 1/30/23 | 3/26/24 | - | - | - |
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+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
22.9
TRY
Average target price
24.94
TRY
Spread / Average Target
+8.89%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +25.76% | 1.79B | |
| -3.72% | 36.73B | |
| -27.76% | 19.86B | |
| -26.77% | 11.24B | |
| +4.10% | 11.23B | |
| +29.40% | 9.19B | |
| -21.11% | 8.86B | |
| -22.82% | 4.88B | |
| -47.84% | 4.11B | |
| -29.90% | 3.33B |
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