Market Closed -
Borsa Istanbul
08:39:59 30/04/2024 pm IST
|
5-day change
|
1st Jan Change
|
23.26
TRY
|
-2.68%
|
|
-0.85%
|
+19.10%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
7,823
|
11,293
|
14,747
|
17,644
|
86,162
|
74,490
|
74,490
|
-
|
Enterprise Value (EV)
1 |
5,265
|
6,842
|
14,747
|
17,644
|
86,162
|
60,967
|
55,510
|
74,490
|
P/E ratio
|
6.67
x
|
6.39
x
|
8.15
x
|
5.87
x
|
102
x
|
14.9
x
|
12
x
|
11.4
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
1.31%
|
1.96%
|
2.11%
|
Capitalization / Revenue
|
4.86
x
|
3.96
x
|
4.54
x
|
4.41
x
|
15
x
|
10.2
x
|
6.48
x
|
4.8
x
|
EV / Revenue
|
3.27
x
|
2.4
x
|
4.54
x
|
4.41
x
|
15
x
|
8.32
x
|
4.83
x
|
4.8
x
|
EV / EBITDA
|
3.52
x
|
3.75
x
|
7.65
x
|
8.15
x
|
28.5
x
|
26.4
x
|
10.7
x
|
10.7
x
|
EV / FCF
|
7.09
x
|
3.61
x
|
-
|
9.68
x
|
-
|
20.9
x
|
8.01
x
|
11.6
x
|
FCF Yield
|
14.1%
|
27.7%
|
-
|
10.3%
|
-
|
4.77%
|
12.5%
|
8.65%
|
Price to Book
|
1.96
x
|
1.96
x
|
1.95
x
|
1.67
x
|
-
|
4.41
x
|
3.35
x
|
2.59
x
|
Nbr of stocks (in thousands)
|
32,02,500
|
32,02,500
|
32,02,500
|
32,02,500
|
32,02,500
|
32,02,500
|
32,02,500
|
-
|
Reference price
2 |
2.443
|
3.526
|
4.605
|
5.510
|
26.90
|
23.26
|
23.26
|
23.26
|
Announcement Date
|
28/02/19
|
27/02/20
|
01/03/21
|
01/03/22
|
01/03/23
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
1,611
|
2,849
|
3,250
|
4,002
|
5,737
|
7,326
|
11,487
|
15,507
|
EBITDA
1 |
1,496
|
1,823
|
1,927
|
2,165
|
3,024
|
2,308
|
5,188
|
6,938
|
EBIT
1 |
1,412
|
1,598
|
1,702
|
1,946
|
2,736
|
1,076
|
3,013
|
5,524
|
Operating Margin
|
87.65%
|
56.09%
|
52.38%
|
48.61%
|
47.69%
|
14.69%
|
26.23%
|
35.62%
|
Earnings before Tax (EBT)
1 |
1,426
|
2,258
|
2,351
|
4,017
|
4,758
|
5,758
|
7,926
|
8,185
|
Net income
1 |
1,174
|
1,767
|
1,810
|
3,004
|
4,010
|
5,488
|
6,943
|
8,501
|
Net margin
|
72.88%
|
62.03%
|
55.71%
|
75.06%
|
69.9%
|
74.92%
|
60.44%
|
54.82%
|
EPS
2 |
0.3665
|
0.5518
|
0.5653
|
0.9380
|
0.2630
|
1.560
|
1.935
|
2.040
|
Free Cash Flow
1 |
742.7
|
1,897
|
-
|
1,823
|
-
|
2,911
|
6,932
|
6,445
|
FCF margin
|
46.11%
|
66.57%
|
-
|
45.54%
|
-
|
39.74%
|
60.35%
|
41.56%
|
FCF Conversion (EBITDA)
|
49.65%
|
104.04%
|
-
|
84.2%
|
-
|
126.15%
|
133.61%
|
92.9%
|
FCF Conversion (Net income)
|
63.28%
|
107.32%
|
-
|
60.68%
|
-
|
53.04%
|
99.85%
|
75.82%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
0.3057
|
0.4562
|
0.4900
|
Announcement Date
|
28/02/19
|
27/02/20
|
01/03/21
|
01/03/22
|
01/03/23
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2021 Q2
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
---|
Net sales
1 |
-
|
1,122
|
890.7
|
1,141
|
1,409
|
1,271
|
1,968
|
1,088
|
1,631
|
1,438
|
2,032
|
1,595
|
EBITDA
1 |
1,150
|
613.5
|
415
|
568.2
|
839.4
|
665.6
|
1,073
|
455.3
|
352.1
|
329.9
|
936.4
|
688
|
EBIT
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
1,033
|
682.9
|
522
|
1,137
|
1,058
|
731.8
|
1,320
|
900
|
1,384
|
1,514
|
1,618
|
1,314
|
Net margin
|
-
|
60.88%
|
58.61%
|
99.65%
|
75.1%
|
57.55%
|
67.09%
|
82.7%
|
84.88%
|
105.27%
|
79.63%
|
82.38%
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
27/02/20
|
09/08/21
|
01/11/21
|
01/03/22
|
29/04/22
|
09/08/22
|
31/10/22
|
01/03/23
|
02/05/23
|
09/08/23
|
30/10/23
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
2,559
|
4,451
|
-
|
-
|
-
|
13,523
|
18,980
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
743
|
1,897
|
-
|
1,823
|
-
|
2,911
|
6,932
|
6,445
|
ROE (net income / shareholders' equity)
|
34.5%
|
36.3%
|
27.2%
|
33.1%
|
-
|
34.9%
|
33.2%
|
25.7%
|
ROA (Net income/ Total Assets)
|
-
|
33.1%
|
24.6%
|
29.3%
|
-
|
31.1%
|
29.2%
|
22.8%
|
Assets
1 |
-
|
5,342
|
7,365
|
10,242
|
-
|
17,648
|
23,776
|
37,285
|
Book Value Per Share
2 |
1.250
|
1.800
|
2.360
|
3.300
|
-
|
5.270
|
6.940
|
8.980
|
Cash Flow per Share
2 |
0.3100
|
0.6400
|
0.4100
|
0.7200
|
-
|
1.370
|
2.040
|
2.150
|
Capex
1 |
241
|
146
|
300
|
492
|
-
|
786
|
775
|
101
|
Capex / Sales
|
14.96%
|
5.13%
|
9.23%
|
12.28%
|
-
|
10.73%
|
6.74%
|
0.65%
|
Announcement Date
|
28/02/19
|
27/02/20
|
01/03/21
|
01/03/22
|
01/03/23
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
23.26
TRY Average target price
23.04
TRY Spread / Average Target -0.94% Consensus |
1st Jan change
|
Capi.
|
---|
| +19.10% | 2.36B | | +12.92% | 23.75B | | +11.85% | 16.12B | | +31.73% | 8.93B | | +37.90% | 5.72B | | +2.53% | 5.37B | | -3.36% | 5.36B | | +25.85% | 3.34B | | -3.81% | 2.39B | | +12.91% | 1.69B |
Other Gold
|