Company Valuation: Alkim Alkali Kimya

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,235 2,530 5,877 5,112 5,712 5,520
Change - 13.22% 132.25% -13.02% 11.74% -3.36%
Enterprise Value (EV) 1 2,089 2,271 5,707 4,491 5,355 5,492
Change - 8.69% 151.36% -21.32% 19.24% 2.57%
P/E 11.2x 10.2x 10.3x 18.9x -41.9x -13.5x
PBR 4.48x 3.79x 5.34x 1.99x 1.6x 1.3x
PEG - 0.4x 0x -0.4x 0x -0x
Capitalization / Revenue 2.96x 2.31x 2.1x 1.27x 1.22x 1.08x
EV / Revenue 2.77x 2.07x 2.04x 1.12x 1.14x 1.08x
EV / EBITDA 9.12x 8.55x 7.38x 6.84x 12.1x 14x
EV / EBIT 10.1x 9.37x 7.7x 8.6x 22.3x 42.8x
EV / FCF 16.7x 6,822x -44.3x 4.36x -14.2x -20.3x
FCF Yield 6% 0.01% -2.26% 22.9% -7.04% -4.92%
Dividend per Share 2 - - 0.463 - - -
Rate of return - - 2.36% - - -
EPS 2 0.664 0.8271 1.908 0.9036 -0.4549 -1.361
Distribution rate - - 24.3% - - -
Net sales 1 754.1 1,096 2,797 4,026 4,688 5,099
EBITDA 1 229.1 265.5 773.7 656.6 441.5 391
EBIT 1 207.8 242.4 741.6 521.9 239.6 128.4
Net income 1 199.2 248.1 572.3 271.1 -136.5 -408.3
Net Debt 1 -146 -259.9 -169.5 -621.2 -356.9 -27.56
Reference price 2 7.45 8.44 19.59 17.04 19.04 18.40
Nbr of stocks (in thousands) 3,00,000 3,00,000 3,00,000 3,00,000 3,00,000 3,00,000
Announcement Date 25/02/21 24/02/22 28/02/23 27/03/24 11/03/25 12/03/26
1TRY in Million2TRY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 9.92Cr
16.69x1.62x10.25x6.48% 1.46TCr
6.42x2.2x5.06x3.39% 1.07TCr
21.44x2.44x12.02x2.93% 507.92Cr
19.91x0.85x11.08x4.15% 463Cr
12.67x2.28x6.29x5.28% 440.94Cr
13.34x1.02x6.39x1.82% 275.3Cr
16.97x1.82x8.25x5.65% 271.99Cr
12.66x - - 4.82% 227.19Cr
5.78x0.85x4.23x2.78% 193.01Cr
Average 13.99x 1.63x 7.95x 4.14% 492.1Cr
Weighted average by Cap. 14.09x 1.77x 8.37x 4.58%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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