Financials A.V.O.D Kurutulmus Gida ve Tarim Ürünleri Sanayi Ticaret Anonim Sirketi

Equities

AVOD

TREAVOD00018

Food Processing

Market Closed - Borsa Istanbul 16:09:10 09/05/2024 BST 5-day change 1st Jan Change
4.05 TRY +9.76% Intraday chart for A.V.O.D Kurutulmus Gida ve Tarim Ürünleri Sanayi Ticaret Anonim Sirketi +11.57% +28.16%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 58.05 175.5 167.4 696.6 410.4 945
Enterprise Value (EV) 1 110.3 233 236.9 786.2 526.5 1,020
P/E ratio -149 x -22.7 x 12.1 x -178 x 18.8 x 8.34 x
Yield - - - - - -
Capitalization / Revenue 0.51 x 1.25 x 0.94 x 3.49 x 1.61 x 1.6 x
EV / Revenue 0.98 x 1.66 x 1.32 x 3.94 x 2.07 x 1.72 x
EV / EBITDA 10.6 x 16 x 11.1 x 45.8 x 11.8 x 11.1 x
EV / FCF -6.37 x 20.4 x -34 x -91.8 x -8.69 x -6.29 x
FCF Yield -15.7% 4.9% -2.94% -1.09% -11.5% -15.9%
Price to Book 0.91 x 2.95 x 2.84 x 9.59 x 2.75 x 2.13 x
Nbr of stocks (in thousands) 45,000 90,000 90,000 90,000 90,000 270,000
Reference price 2 1.290 1.950 1.860 7.740 4.560 3.500
Announcement Date 12/03/18 11/03/19 09/03/20 25/02/21 25/02/22 03/03/23
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 113.1 140.8 179 199.5 254.2 591.4
EBITDA 1 10.38 14.59 21.33 17.17 44.77 91.47
EBIT 1 8.239 12.25 18.12 14.22 41.96 88
Operating Margin 7.28% 8.7% 10.13% 7.13% 16.51% 14.88%
Earnings before Tax (EBT) 1 0.3579 -8.208 17.58 2.043 32.55 142.1
Net income 1 -0.3903 -5.243 13.79 -3.903 21.78 113.3
Net margin -0.35% -3.72% 7.71% -1.96% 8.57% 19.15%
EPS 2 -0.008673 -0.0860 0.1533 -0.0434 0.2420 0.4195
Free Cash Flow 1 -17.32 11.41 -6.963 -8.568 -60.61 -162.1
FCF margin -15.31% 8.11% -3.89% -4.3% -23.84% -27.42%
FCF Conversion (EBITDA) - 78.19% - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 12/03/18 11/03/19 09/03/20 25/02/21 25/02/22 03/03/23
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 52.3 57.5 69.5 89.6 116 74.6
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.035 x 3.943 x 3.259 x 5.219 x 2.594 x 0.8156 x
Free Cash Flow 1 -17.3 11.4 -6.96 -8.57 -60.6 -162
ROE (net income / shareholders' equity) 0.08% -6.78% 20.3% -2.17% 24.4% 40.1%
ROA (Net income/ Total Assets) 3.15% 4.42% 4.97% 3.09% 7.56% 9.9%
Assets 1 -12.41 -118.5 277.4 -126.1 288.2 1,144
Book Value Per Share 2 1.410 0.6600 0.6600 0.8100 1.660 1.640
Cash Flow per Share 2 0.1300 0.0500 0.0800 0.1000 0.1000 0.1800
Capex 1 5.07 4.2 2.94 7.58 5.19 46
Capex / Sales 4.48% 2.98% 1.64% 3.8% 2.04% 7.78%
Announcement Date 12/03/18 11/03/19 09/03/20 25/02/21 25/02/22 03/03/23
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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