Financials Koza Altin Isletmeleri

Equities

KOZAL

TREKOAL00014

Gold

Market Closed - Borsa Istanbul 08:39:59 30/04/2024 pm IST 5-day change 1st Jan Change
23.26 TRY -2.68% Intraday chart for Koza Altin Isletmeleri -0.85% +19.10%

Valuation

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 - - -
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

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 - - -
1TRY in Million2TRY
Estimates

Income Statement Evolution (Quarterly data)

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 -
1TRY in Million
Estimates

Balance Sheet Analysis

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 - - -
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
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
5
Last Close Price
23.26 TRY
Average target price
23.04 TRY
Spread / Average Target
-0.94%
Consensus

Quarterly revenue - Rate of surprise

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