Ratings Türk Hava Yollari Anonim Ortakligi

Equities

THYAO

TRATHYAO91M5

Delayed Borsa Istanbul Other stock markets 03:18:14 2024-05-08 am EDT			5-day change	1st Jan Change
329.8 ^TRY	-0.08%		+1.38%	+44.25%

Apr. 30	Turkish Airlines in Discussions with Boeing, Airbus to Buy 235 Planes	MT
Apr. 29	Turkish Airlines in Discussions with Boeing, Airbus to Buy 235 Planes	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
The group's high margin levels account for strong profits.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company's share price in relation to its net book value makes it look relatively cheap.
The company has a low valuation given the cash flows generated by its activity.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For the past twelve months, EPS forecast has been revised upwards.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

The company's earnings growth outlook lacks momentum and is a weakness.
The group shows a rather high level of debt in proportion to its EBITDA.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Airlines

	1st Jan change	Capi.	ESG Refinitiv
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI	+44.25%	14.12B	A-
DELTA AIR LINES, INC.	+29.75%	33.69B	C
RYANAIR HOLDINGS PLC	-0.08%	23.35B	B-
SINGAPORE AIRLINES LIMITED	+1.37%	20.46B	B
INTERGLOBE AVIATION LIMITED	+37.29%	18.26B	C+
UNITED AIRLINES HOLDINGS, INC.	+27.70%	17.32B	C
AIR CHINA LIMITED	-21.46%	14.25B	B+
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-13.29%	12.27B	B
CHINA EASTERN AIRLINES CORPORATION LIMITED	-1.29%	10.42B	B-
ANA HOLDINGS INC.	-3.02%	9.25B	B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes