Market Closed -
Borsa Istanbul
16:09:59 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
270.5
TRY
|
+0.09%
|
|
+3.05%
|
+28.81%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
13,430
|
16,960
|
37,850
|
82,850
|
105,000
|
135,250
|
-
|
-
|
Enterprise Value (EV)
1 |
14,555
|
19,399
|
41,394
|
77,791
|
91,275
|
124,828
|
126,496
|
111,915
|
P/E ratio
|
9.07
x
|
9.5
x
|
11.5
x
|
9.68
x
|
6.96
x
|
7.57
x
|
5.06
x
|
5.01
x
|
Yield
|
6.55%
|
7.08%
|
3.96%
|
3.86%
|
-
|
6.37%
|
10.3%
|
13.7%
|
Capitalization / Revenue
|
0.71
x
|
0.72
x
|
1.28
x
|
1.26
x
|
0.82
x
|
0.64
x
|
0.47
x
|
0.33
x
|
EV / Revenue
|
0.77
x
|
0.82
x
|
1.39
x
|
1.19
x
|
0.72
x
|
0.59
x
|
0.44
x
|
0.27
x
|
EV / EBITDA
|
5.87
x
|
6.41
x
|
7.14
x
|
6.9
x
|
4.64
x
|
5.19
x
|
4.11
x
|
3.05
x
|
EV / FCF
|
4.94
x
|
28.7
x
|
26.6
x
|
6.95
x
|
8.65
x
|
-31.7
x
|
5.42
x
|
-
|
FCF Yield
|
20.3%
|
3.48%
|
3.76%
|
14.4%
|
11.6%
|
-3.16%
|
18.5%
|
-
|
Price to Book
|
3.1
x
|
3.8
x
|
6.59
x
|
7.32
x
|
-
|
2.94
x
|
2.07
x
|
1.42
x
|
Nbr of stocks (in thousands)
|
500,000
|
500,000
|
500,000
|
500,000
|
500,000
|
500,000
|
-
|
-
|
Reference price
2 |
26.86
|
33.92
|
75.70
|
165.7
|
210.0
|
270.5
|
270.5
|
270.5
|
Announcement Date
|
04/02/20
|
03/02/21
|
03/02/22
|
02/02/23
|
13/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
18,897
|
23,557
|
29,684
|
65,545
|
127,601
|
211,521
|
288,124
|
412,070
|
EBITDA
1 |
2,480
|
3,026
|
5,794
|
11,270
|
19,667
|
24,060
|
30,752
|
36,686
|
EBIT
1 |
1,720
|
2,267
|
4,595
|
9,751
|
15,729
|
19,924
|
27,374
|
28,950
|
Operating Margin
|
9.1%
|
9.62%
|
15.48%
|
14.88%
|
12.33%
|
9.42%
|
9.5%
|
7.03%
|
Earnings before Tax (EBT)
1 |
1,457
|
1,831
|
3,512
|
8,562
|
18,327
|
18,823
|
25,054
|
32,200
|
Net income
1 |
1,482
|
1,784
|
3,281
|
8,562
|
15,083
|
17,969
|
24,350
|
26,996
|
Net margin
|
7.84%
|
7.57%
|
11.05%
|
13.06%
|
11.82%
|
8.5%
|
8.45%
|
6.55%
|
EPS
2 |
2.960
|
3.570
|
6.560
|
17.12
|
30.17
|
35.75
|
53.42
|
53.98
|
Free Cash Flow
1 |
2,949
|
675.7
|
1,558
|
11,189
|
10,556
|
-3,939
|
23,356
|
-
|
FCF margin
|
15.61%
|
2.87%
|
5.25%
|
17.07%
|
8.27%
|
-1.86%
|
8.11%
|
-
|
FCF Conversion (EBITDA)
|
118.92%
|
22.33%
|
26.88%
|
99.28%
|
53.67%
|
-
|
75.95%
|
-
|
FCF Conversion (Net income)
|
199.03%
|
37.87%
|
47.47%
|
130.68%
|
69.98%
|
-
|
95.92%
|
-
|
Dividend per Share
2 |
1.760
|
2.400
|
3.000
|
6.400
|
-
|
17.24
|
27.97
|
37.00
|
Announcement Date
|
04/02/20
|
03/02/21
|
03/02/22
|
02/02/23
|
13/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
---|
Net sales
1 |
5,595
|
10,078
|
10,634
|
15,415
|
16,022
|
23,474
|
18,741
|
23,366
|
26,661
|
58,833
|
EBITDA
1 |
975.4
|
3,147
|
1,738
|
2,571
|
2,682
|
4,278
|
2,868
|
4,367
|
4,767
|
14,548
|
EBIT
|
679.7
|
2,340
|
1,388
|
2,195
|
2,322
|
3,846
|
-
|
4,209
|
-
|
-
|
Operating Margin
|
12.15%
|
23.22%
|
13.06%
|
14.24%
|
14.49%
|
16.39%
|
-
|
18.01%
|
-
|
-
|
Earnings before Tax (EBT)
|
594.9
|
-
|
-
|
-
|
1,907
|
3,526
|
-
|
4,939
|
5,368
|
-
|
Net income
1 |
580.6
|
1,217
|
1,129
|
1,876
|
2,059
|
3,498
|
2,433
|
4,939
|
5,093
|
2,618
|
Net margin
|
10.38%
|
12.07%
|
10.62%
|
12.17%
|
12.85%
|
14.9%
|
12.98%
|
21.14%
|
19.1%
|
4.45%
|
EPS
|
-
|
2.430
|
-
|
-
|
-
|
-
|
4.870
|
9.870
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
26/10/21
|
03/02/22
|
27/04/22
|
26/07/22
|
26/10/22
|
02/02/23
|
27/04/23
|
26/07/23
|
25/10/23
|
13/02/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,125
|
2,439
|
3,544
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
5,059
|
13,725
|
10,422
|
8,754
|
23,335
|
Leverage (Debt/EBITDA)
|
0.4535
x
|
0.8061
x
|
0.6117
x
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,949
|
676
|
1,558
|
11,189
|
10,556
|
-3,939
|
23,356
|
-
|
ROE (net income / shareholders' equity)
|
36.9%
|
40.6%
|
64.3%
|
100%
|
48.1%
|
49.4%
|
53.6%
|
31.3%
|
ROA (Net income/ Total Assets)
|
11.5%
|
11.1%
|
15.3%
|
26.8%
|
19.8%
|
22.6%
|
21.3%
|
13.4%
|
Assets
1 |
12,906
|
16,142
|
21,474
|
31,925
|
76,233
|
79,607
|
114,158
|
201,466
|
Book Value Per Share
2 |
8.660
|
8.940
|
11.50
|
22.60
|
-
|
92.10
|
130.0
|
191.0
|
Cash Flow per Share
2 |
7.310
|
3.170
|
5.360
|
24.30
|
25.60
|
38.20
|
16.40
|
-
|
Capex
1 |
708
|
909
|
1,122
|
962
|
2,260
|
4,055
|
8,035
|
14,497
|
Capex / Sales
|
3.74%
|
3.86%
|
3.78%
|
1.47%
|
1.77%
|
1.92%
|
2.79%
|
3.52%
|
Announcement Date
|
04/02/20
|
03/02/21
|
03/02/22
|
02/02/23
|
13/02/24
|
-
|
-
|
-
|
Last Close Price
270.5
TRY Average target price
362.1
TRY Spread / Average Target +33.85% Consensus |
1st Jan change
|
Capi.
|
---|
| +28.81% | 4.17B | | +12.39% | 87.34B | | -0.75% | 84.51B | | +24.83% | 76.07B | | +23.31% | 47.89B | | +18.20% | 34.02B | | +12.34% | 23.85B | | -1.54% | 19.82B | | +49.97% | 11.99B | | -10.47% | 10.13B |
Automobiles & Multi Utility Vehicles
|