Market Closed -
Borsa Istanbul
11:09:55 2024-05-10 am EDT
|
5-day change
|
1st Jan Change
|
739
TRY
|
+0.07%
|
|
+3.87%
|
+40.63%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
9,844
|
16,738
|
22,525
|
51,993
|
133,672
|
187,980
|
-
|
-
|
Enterprise Value (EV)
1 |
12,402
|
18,214
|
27,700
|
51,993
|
133,672
|
205,802
|
195,176
|
186,575
|
P/E ratio
|
10.2
x
|
1,353
x
|
9.92
x
|
12
x
|
6.5
x
|
9.64
x
|
9.16
x
|
6.54
x
|
Yield
|
3.05%
|
4.26%
|
2.67%
|
-
|
-
|
1.16%
|
1.97%
|
2.84%
|
Capitalization / Revenue
|
0.8
x
|
1.16
x
|
1.03
x
|
0.97
x
|
1.32
x
|
1.26
x
|
0.94
x
|
0.79
x
|
EV / Revenue
|
1.01
x
|
1.27
x
|
1.26
x
|
0.97
x
|
1.32
x
|
1.38
x
|
0.98
x
|
0.79
x
|
EV / EBITDA
|
5.43
x
|
5.85
x
|
6.03
x
|
5.15
x
|
7.46
x
|
6.73
x
|
4.8
x
|
4
x
|
EV / FCF
|
11.5
x
|
7.87
x
|
10
x
|
13.7
x
|
-
|
35.4
x
|
15.7
x
|
11.9
x
|
FCF Yield
|
8.7%
|
12.7%
|
9.95%
|
7.32%
|
-
|
2.82%
|
6.37%
|
8.44%
|
Price to Book
|
1.51
x
|
2.18
x
|
1.73
x
|
-
|
-
|
2.55
x
|
2.51
x
|
1.45
x
|
Nbr of stocks (in thousands)
|
254,371
|
254,371
|
254,371
|
254,371
|
254,371
|
254,371
|
-
|
-
|
Reference price
2 |
38.70
|
65.80
|
88.55
|
204.4
|
525.5
|
739.0
|
739.0
|
739.0
|
Announcement Date
|
2/26/20
|
2/24/21
|
2/21/22
|
2/27/23
|
3/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
12,245
|
14,391
|
21,930
|
53,530
|
101,042
|
149,117
|
199,085
|
236,806
|
EBITDA
1 |
2,283
|
3,114
|
4,593
|
10,100
|
17,918
|
30,581
|
40,665
|
46,614
|
EBIT
1 |
1,605
|
2,196
|
3,492
|
8,000
|
14,230
|
25,475
|
32,938
|
37,892
|
Operating Margin
|
13.11%
|
15.26%
|
15.93%
|
14.95%
|
14.08%
|
17.08%
|
16.54%
|
16%
|
Earnings before Tax (EBT)
1 |
1,189
|
1,766
|
3,572
|
6,903
|
25,956
|
25,895
|
33,419
|
39,432
|
Net income
1 |
966
|
1,233
|
2,271
|
4,331
|
20,580
|
19,508
|
23,844
|
28,739
|
Net margin
|
7.89%
|
8.57%
|
10.36%
|
8.09%
|
20.37%
|
13.08%
|
11.98%
|
12.14%
|
EPS
2 |
3.800
|
0.0486
|
8.930
|
17.00
|
80.90
|
76.69
|
80.67
|
113.0
|
Free Cash Flow
1 |
1,079
|
2,313
|
2,757
|
3,805
|
-
|
5,813
|
12,426
|
15,739
|
FCF margin
|
8.81%
|
16.07%
|
12.57%
|
7.11%
|
-
|
3.9%
|
6.24%
|
6.65%
|
FCF Conversion (EBITDA)
|
47.26%
|
74.29%
|
60.02%
|
37.67%
|
-
|
19.01%
|
30.56%
|
33.76%
|
FCF Conversion (Net income)
|
111.7%
|
187.67%
|
121.36%
|
87.86%
|
-
|
29.8%
|
52.11%
|
54.77%
|
Dividend per Share
2 |
1.180
|
2.800
|
2.360
|
-
|
-
|
8.550
|
14.58
|
20.98
|
Announcement Date
|
2/26/20
|
2/24/21
|
2/21/22
|
2/27/23
|
3/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
---|
Net sales
1 |
6,794
|
5,564
|
8,665
|
14,694
|
17,413
|
12,758
|
15,556
|
23,273
|
31,734
|
30,480
|
29,031
|
42,631
|
49,889
|
EBITDA
1 |
1,622
|
911.7
|
1,749
|
2,846
|
3,704
|
1,500
|
2,841
|
5,012
|
7,655
|
2,411
|
5,406
|
9,240
|
12,025
|
EBIT
1 |
1,346
|
586.8
|
1,326
|
2,367
|
3,244
|
1,000
|
2,322
|
4,438
|
6,921
|
549.8
|
4,538
|
8,293
|
10,984
|
Operating Margin
|
19.81%
|
10.55%
|
15.3%
|
16.11%
|
18.63%
|
7.84%
|
14.93%
|
19.07%
|
21.81%
|
1.8%
|
15.63%
|
19.45%
|
22.02%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
1,886
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
916
|
231.3
|
630
|
1,233
|
1,819
|
649
|
1,035
|
2,388
|
4,327
|
12,830
|
2,331
|
4,884
|
6,891
|
Net margin
|
13.48%
|
4.16%
|
7.27%
|
8.39%
|
10.45%
|
5.09%
|
6.65%
|
10.26%
|
13.63%
|
42.1%
|
8.03%
|
11.46%
|
13.81%
|
EPS
2 |
-
|
0.9095
|
-
|
-
|
7.150
|
2.526
|
4.067
|
9.389
|
17.01
|
50.44
|
9.165
|
19.20
|
27.09
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/3/21
|
2/21/22
|
5/6/22
|
8/9/22
|
10/31/22
|
2/27/23
|
5/2/23
|
8/7/23
|
10/31/23
|
3/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,558
|
1,477
|
5,176
|
-
|
-
|
17,822
|
7,196
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1,405
|
Leverage (Debt/EBITDA)
|
1.12
x
|
0.4742
x
|
1.127
x
|
-
|
-
|
0.5828
x
|
0.177
x
|
-
|
Free Cash Flow
1 |
1,079
|
2,313
|
2,757
|
3,805
|
-
|
5,813
|
12,426
|
15,739
|
ROE (net income / shareholders' equity)
|
15.9%
|
17.4%
|
21.9%
|
-
|
-
|
39.2%
|
41.2%
|
23.7%
|
ROA (Net income/ Total Assets)
|
6.42%
|
7.04%
|
8.75%
|
-
|
-
|
11.4%
|
14.6%
|
15.4%
|
Assets
1 |
15,058
|
17,497
|
25,967
|
-
|
-
|
171,123
|
162,933
|
186,617
|
Book Value Per Share
2 |
25.60
|
30.10
|
51.30
|
-
|
-
|
290.0
|
295.0
|
510.0
|
Cash Flow per Share
2 |
7.380
|
10.70
|
15.60
|
27.00
|
-
|
56.60
|
97.20
|
166.0
|
Capex
1 |
766
|
592
|
1,200
|
3,065
|
-
|
17,727
|
14,973
|
15,195
|
Capex / Sales
|
6.26%
|
4.12%
|
5.47%
|
5.73%
|
-
|
11.89%
|
7.52%
|
6.42%
|
Announcement Date
|
2/26/20
|
2/24/21
|
2/21/22
|
2/27/23
|
3/13/24
|
-
|
-
|
-
|
Average target price
737.8
TRY Spread / Average Target -0.16% Consensus |
1st Jan change
|
Capi.
|
---|
| +40.63% | 5.84B | | +7.35% | 273B | | +2.13% | 46.13B | | +16.97% | 22.76B | | +51.89% | 19.3B | | -6.93% | 17.43B | | +17.83% | 12.41B | | +3.93% | 11.42B | | +13.18% | 10.36B | | +2.55% | 8.92B |
Other Non-Alcoholic Beverages
|