Financials Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret

Equities

LINK

TRALINKW91U8

Software

Market Closed - Borsa Istanbul 11:09:18 2024-05-31 am EDT 5-day change 1st Jan Change
378.5 TRY +0.33% Intraday chart for Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret -11.36% +81.27%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 78.43 45.76 99.82 350.6 307.3 627
Enterprise Value (EV) 1 66.01 27.74 76.04 316.8 248.1 543.8
P/E ratio 21.3 x 6.32 x 13.4 x 31.4 x 11.6 x 14.6 x
Yield - - - 0.92% - 3.95%
Capitalization / Revenue 8.69 x 3.97 x 6.37 x 17.9 x 13.8 x 17 x
EV / Revenue 7.32 x 2.41 x 4.85 x 16.2 x 11.1 x 14.7 x
EV / EBITDA 31.6 x 8.29 x 14.7 x 40.7 x 27.3 x 31.1 x
EV / FCF -72 x 79.4 x 48.5 x 67.4 x 31.3 x 543 x
FCF Yield -1.39% 1.26% 2.06% 1.48% 3.2% 0.18%
Price to Book 3.79 x 1.67 x 2.88 x 7.7 x 4.49 x 6.52 x
Nbr of stocks (in thousands) 11,000 11,000 11,000 11,000 11,000 11,000
Reference price 2 7.130 4.160 9.075 31.88 27.94 57.00
Announcement Date 3/1/18 2/7/19 2/20/20 2/25/21 2/24/22 2/27/23
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 9.022 11.53 15.67 19.57 22.28 36.89
EBITDA 1 2.088 3.348 5.186 7.791 9.083 17.46
EBIT 1 2.005 3.298 5.135 7.698 8.942 17.22
Operating Margin 22.23% 28.61% 32.76% 39.33% 40.13% 46.66%
Earnings before Tax (EBT) 1 4.016 8.536 8.365 14.55 33.75 47.89
Net income 1 3.688 7.244 7.446 12.1 26.39 42.97
Net margin 40.88% 62.84% 47.51% 61.83% 118.45% 116.47%
EPS 2 0.3353 0.6586 0.6769 1.016 2.399 3.907
Free Cash Flow 1 -0.9165 0.3492 1.569 4.699 7.935 1.001
FCF margin -10.16% 3.03% 10.01% 24.01% 35.61% 2.71%
FCF Conversion (EBITDA) - 10.43% 30.25% 60.32% 87.36% 5.73%
FCF Conversion (Net income) - 4.82% 21.07% 38.83% 30.06% 2.33%
Dividend per Share - - - 0.2941 - 2.250
Announcement Date 3/1/18 2/7/19 2/20/20 2/25/21 2/24/22 2/27/23
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 12.4 18 23.8 33.8 59.3 83.2
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -0.92 0.35 1.57 4.7 7.93 1
ROE (net income / shareholders' equity) 19.4% 30.1% 23.8% 30.2% 46.3% 52.2%
ROA (Net income/ Total Assets) 5.83% 7.6% 8.89% 10.5% 8.44% 11.2%
Assets 1 63.29 95.36 83.8 115.5 312.9 383.2
Book Value Per Share 2 1.880 2.490 3.160 4.140 6.230 8.750
Cash Flow per Share 2 1.130 1.640 2.160 3.070 5.390 6.930
Capex 1 0.03 2.71 0.08 0.48 0.2 0.66
Capex / Sales 0.31% 23.51% 0.52% 2.44% 0.9% 1.79%
Announcement Date 3/1/18 2/7/19 2/20/20 2/25/21 2/24/22 2/27/23
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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