Market Closed -
Borsa Istanbul
11:10:00 2024-06-12 am EDT
|
5-day change
|
1st Jan Change
|
97.95
TRY
|
+2.46%
|
|
-2.83%
|
+74.60%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
30,138
|
35,148
|
40,300
|
82,696
|
122,416
|
213,737
|
-
|
-
|
Enterprise Value (EV)
1 |
39,854
|
44,172
|
58,394
|
109,823
|
122,416
|
246,028
|
279,042
|
215,253
|
P/E ratio
|
9.26
x
|
8.3
x
|
8.03
x
|
7.43
x
|
9.67
x
|
11.5
x
|
8.03
x
|
7.29
x
|
Yield
|
2.68%
|
7.33%
|
6.37%
|
1.51%
|
-
|
5.64%
|
8.02%
|
7.6%
|
Capitalization / Revenue
|
1.2
x
|
1.21
x
|
1.12
x
|
1.53
x
|
1.14
x
|
1.3
x
|
1.01
x
|
0.77
x
|
EV / Revenue
|
1.59
x
|
1.52
x
|
1.63
x
|
2.04
x
|
1.14
x
|
1.5
x
|
1.32
x
|
0.78
x
|
EV / EBITDA
|
3.82
x
|
3.6
x
|
3.89
x
|
4.99
x
|
2.79
x
|
3.53
x
|
3.11
x
|
1.82
x
|
EV / FCF
|
13.2
x
|
6.49
x
|
5.04
x
|
8.58
x
|
-
|
23.8
x
|
18.3
x
|
9.02
x
|
FCF Yield
|
7.55%
|
15.4%
|
19.8%
|
11.7%
|
-
|
4.21%
|
5.45%
|
11.1%
|
Price to Book
|
1.67
x
|
1.69
x
|
1.79
x
|
2.68
x
|
-
|
1.21
x
|
1.63
x
|
0.8
x
|
Nbr of stocks (in thousands)
|
2,183,922
|
2,183,106
|
2,183,106
|
2,183,106
|
2,182,106
|
2,182,106
|
-
|
-
|
Reference price
2 |
13.80
|
16.10
|
18.46
|
37.88
|
56.10
|
97.95
|
97.95
|
97.95
|
Announcement Date
|
2/20/20
|
2/19/21
|
2/17/22
|
3/9/23
|
3/20/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
25,137
|
29,104
|
35,921
|
53,878
|
107,116
|
164,376
|
211,428
|
275,888
|
EBITDA
1 |
10,426
|
12,270
|
15,014
|
21,994
|
43,877
|
69,638
|
89,593
|
118,237
|
EBIT
1 |
5,380
|
6,296
|
7,722
|
12,516
|
23,598
|
41,506
|
53,023
|
54,247
|
Operating Margin
|
21.4%
|
21.63%
|
21.5%
|
23.23%
|
22.03%
|
25.25%
|
25.08%
|
19.66%
|
Earnings before Tax (EBT)
1 |
3,290
|
4,627
|
4,541
|
7,536
|
5,887
|
18,682
|
41,250
|
32,816
|
Net income
1 |
3,246
|
4,237
|
5,031
|
11,053
|
12,554
|
23,232
|
30,795
|
29,580
|
Net margin
|
12.92%
|
14.56%
|
14.01%
|
20.52%
|
11.72%
|
14.13%
|
14.57%
|
10.72%
|
EPS
2 |
1.490
|
1.940
|
2.300
|
5.100
|
5.800
|
8.500
|
12.20
|
13.44
|
Free Cash Flow
1 |
3,010
|
6,807
|
11,589
|
12,806
|
-
|
10,347
|
15,221
|
23,857
|
FCF margin
|
11.98%
|
23.39%
|
32.26%
|
23.77%
|
-
|
6.29%
|
7.2%
|
8.65%
|
FCF Conversion (EBITDA)
|
28.87%
|
55.48%
|
77.19%
|
58.22%
|
-
|
14.86%
|
16.99%
|
20.18%
|
FCF Conversion (Net income)
|
92.73%
|
160.66%
|
230.34%
|
115.85%
|
-
|
44.54%
|
49.43%
|
80.65%
|
Dividend per Share
2 |
0.3700
|
1.180
|
1.175
|
0.5717
|
-
|
5.529
|
7.853
|
7.440
|
Announcement Date
|
2/20/20
|
2/19/21
|
2/17/22
|
3/9/23
|
3/20/24
|
-
|
-
|
-
|
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 |
10,192
|
10,695
|
12,477
|
14,662
|
16,044
|
17,276
|
21,651
|
25,993
|
42,196
|
30,822
|
EBITDA
1 |
4,212
|
4,302
|
5,030
|
5,990
|
6,671
|
6,759
|
9,522
|
11,314
|
16,282
|
12,754
|
EBIT
1 |
2,136
|
2,217
|
2,550
|
3,593
|
4,156
|
4,073
|
-
|
-
|
-2,025
|
2,534
|
Operating Margin
|
20.96%
|
20.73%
|
20.44%
|
24.5%
|
25.9%
|
23.58%
|
-
|
-
|
-4.8%
|
8.22%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
1,385
|
802.9
|
1,858
|
2,396
|
5,996
|
2,817
|
3,161
|
5,478
|
1,098
|
2,635
|
Net margin
|
13.59%
|
7.51%
|
14.89%
|
16.34%
|
37.37%
|
16.3%
|
14.6%
|
21.08%
|
2.6%
|
8.55%
|
EPS
|
0.6300
|
0.3700
|
-
|
-
|
2.700
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
1.175
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/17/22
|
4/28/22
|
8/18/22
|
11/3/22
|
3/9/23
|
5/9/23
|
8/17/23
|
11/7/23
|
3/20/24
|
5/27/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
9,716
|
9,024
|
18,094
|
27,126
|
-
|
32,291
|
65,305
|
1,516
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.9319
x
|
0.7354
x
|
1.205
x
|
1.233
x
|
-
|
0.4637
x
|
0.7289
x
|
0.0128
x
|
Free Cash Flow
1 |
3,010
|
6,807
|
11,589
|
12,806
|
-
|
10,347
|
15,221
|
23,857
|
ROE (net income / shareholders' equity)
|
19.1%
|
21.8%
|
23.2%
|
24.1%
|
-
|
12.7%
|
38.5%
|
10.6%
|
ROA (Net income/ Total Assets)
|
7.34%
|
8.72%
|
8.24%
|
7.5%
|
-
|
13.2%
|
13.9%
|
11.1%
|
Assets
1 |
44,240
|
48,591
|
61,091
|
147,445
|
-
|
175,996
|
221,547
|
266,486
|
Book Value Per Share
2 |
8.260
|
9.520
|
10.30
|
14.20
|
-
|
81.20
|
60.10
|
122.0
|
Cash Flow per Share
2 |
4.130
|
6.450
|
9.680
|
12.30
|
-
|
29.80
|
30.00
|
41.50
|
Capex
1 |
6,016
|
7,280
|
9,583
|
14,086
|
-
|
44,039
|
54,110
|
67,796
|
Capex / Sales
|
23.93%
|
25.02%
|
26.68%
|
26.14%
|
-
|
26.79%
|
25.59%
|
24.57%
|
Announcement Date
|
2/20/20
|
2/19/21
|
2/17/22
|
3/9/23
|
3/20/24
|
-
|
-
|
-
|
Last Close Price
97.95
TRY Average target price
108.9
TRY Spread / Average Target +11.18% Consensus |