Market Closed -
Borsa Istanbul
11:09:48 2024-05-10 am EDT
|
5-day change
|
1st Jan Change
|
187.2
TRY
|
-1.00%
|
|
-7.00%
|
+30.91%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
31,753
|
27,045
|
38,665
|
145,858
|
275,532
|
360,696
|
-
|
-
|
Enterprise Value (EV)
1 |
40,209
|
36,465
|
49,882
|
133,029
|
275,532
|
309,841
|
317,229
|
316,564
|
P/E ratio
|
60.4
x
|
-10.8
x
|
11.7
x
|
3.55
x
|
3.9
x
|
6.98
x
|
7.63
x
|
6.83
x
|
Yield
|
11.9%
|
-
|
-
|
-
|
-
|
13.2%
|
8.55%
|
8.36%
|
Capitalization / Revenue
|
0.35
x
|
0.43
x
|
0.26
x
|
0.3
x
|
0.4
x
|
0.41
x
|
0.37
x
|
0.32
x
|
EV / Revenue
|
0.45
x
|
0.58
x
|
0.33
x
|
0.28
x
|
0.4
x
|
0.36
x
|
0.33
x
|
0.28
x
|
EV / EBITDA
|
10.6
x
|
73.8
x
|
3.84
x
|
2.41
x
|
3.46
x
|
4.27
x
|
5.3
x
|
5
x
|
EV / FCF
|
4.02
x
|
35.4
x
|
-68.2
x
|
3.06
x
|
-
|
5.62
x
|
10.5
x
|
9.7
x
|
FCF Yield
|
24.9%
|
2.83%
|
-1.47%
|
32.7%
|
-
|
17.8%
|
9.49%
|
10.3%
|
Price to Book
|
2.45
x
|
2.36
x
|
2.2
x
|
2.19
x
|
-
|
1.51
x
|
1.62
x
|
1.38
x
|
Nbr of stocks (in thousands)
|
1,752,934
|
1,752,934
|
1,752,934
|
1,926,796
|
1,926,796
|
1,926,796
|
-
|
-
|
Reference price
2 |
18.11
|
15.43
|
22.06
|
75.70
|
143.0
|
187.2
|
187.2
|
187.2
|
Announcement Date
|
2/12/20
|
2/11/21
|
2/16/22
|
2/8/23
|
3/4/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
89,601
|
63,244
|
150,972
|
481,765
|
686,529
|
870,538
|
964,235
|
1,116,675
|
EBITDA
1 |
3,807
|
494.2
|
12,996
|
55,192
|
79,691
|
72,492
|
59,809
|
63,317
|
EBIT
1 |
2,230
|
-248
|
12,209
|
54,542
|
73,628
|
60,692
|
44,862
|
50,188
|
Operating Margin
|
2.49%
|
-0.39%
|
8.09%
|
11.32%
|
10.72%
|
6.97%
|
4.65%
|
4.49%
|
Earnings before Tax (EBT)
1 |
-311
|
-3,795
|
2,161
|
39,876
|
57,820
|
71,254
|
66,807
|
93,373
|
Net income
1 |
526
|
-2,494
|
3,319
|
41,045
|
53,577
|
50,602
|
50,351
|
59,299
|
Net margin
|
0.59%
|
-3.94%
|
2.2%
|
8.52%
|
7.8%
|
5.81%
|
5.22%
|
5.31%
|
EPS
2 |
0.3000
|
-1.423
|
1.893
|
21.30
|
36.71
|
26.82
|
24.53
|
27.41
|
Free Cash Flow
1 |
9,997
|
1,031
|
-731.4
|
43,484
|
-
|
55,088
|
30,102
|
32,646
|
FCF margin
|
11.16%
|
1.63%
|
-0.48%
|
9.03%
|
-
|
6.33%
|
3.12%
|
2.92%
|
FCF Conversion (EBITDA)
|
262.6%
|
208.64%
|
-
|
78.79%
|
-
|
75.99%
|
50.33%
|
51.56%
|
FCF Conversion (Net income)
|
1,900.61%
|
-
|
-
|
105.94%
|
-
|
108.87%
|
59.78%
|
55.05%
|
Dividend per Share
2 |
2.164
|
-
|
-
|
-
|
-
|
24.62
|
16.00
|
15.65
|
Announcement Date
|
2/12/20
|
2/11/21
|
2/16/22
|
2/8/23
|
3/4/24
|
-
|
-
|
-
|
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
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
40,993
|
56,470
|
76,541
|
135,785
|
150,609
|
116,026
|
92,826
|
104,405
|
185,137
|
304,160
|
325,858
|
389,792
|
422,274
|
417,634
|
412,478
|
EBITDA
1 |
2,472
|
6,861
|
4,467
|
15,887
|
17,779
|
16,400
|
11,703
|
8,968
|
27,197
|
32,361
|
12,422
|
8,314
|
12,742
|
11,182
|
8,626
|
EBIT
1 |
2,276
|
6,690
|
-
|
12,159
|
13,734
|
16,382
|
11,438
|
8,694
|
26,890
|
27,144
|
9,947
|
5,668
|
9,628
|
7,989
|
6,375
|
Operating Margin
|
5.55%
|
11.85%
|
-
|
8.95%
|
9.12%
|
14.12%
|
12.32%
|
8.33%
|
14.52%
|
8.92%
|
3.05%
|
1.45%
|
2.28%
|
1.91%
|
1.55%
|
Earnings before Tax (EBT)
|
1,155
|
669
|
1,062
|
-
|
-
|
-
|
-
|
6,538
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
988
|
1,392
|
895.7
|
10,611
|
11,554
|
17,589
|
6,748
|
7,217
|
21,306
|
18,306
|
10,769
|
10,896
|
11,590
|
6,872
|
4,036
|
Net margin
|
2.41%
|
2.46%
|
1.17%
|
7.81%
|
7.67%
|
15.16%
|
7.27%
|
6.91%
|
11.51%
|
6.02%
|
3.3%
|
2.8%
|
2.74%
|
1.65%
|
0.98%
|
EPS
2 |
0.5643
|
0.7929
|
-
|
-
|
5.997
|
9.128
|
3.503
|
4.310
|
11.06
|
9.610
|
5.589
|
5.655
|
6.015
|
3.567
|
2.095
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
11.00
|
14.53
|
-
|
Announcement Date
|
11/4/21
|
2/16/22
|
5/9/22
|
8/15/22
|
11/3/22
|
2/8/23
|
4/28/23
|
7/31/23
|
10/25/23
|
3/4/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
8,456
|
9,420
|
11,217
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
12,830
|
-
|
50,855
|
43,467
|
44,132
|
Leverage (Debt/EBITDA)
|
2.221
x
|
19.06
x
|
0.8631
x
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
9,997
|
1,031
|
-731
|
43,484
|
-
|
55,088
|
30,103
|
32,646
|
ROE (net income / shareholders' equity)
|
4.62%
|
-20.4%
|
22.9%
|
96%
|
-
|
23%
|
18.2%
|
19.4%
|
ROA (Net income/ Total Assets)
|
1.1%
|
-4.27%
|
4.06%
|
29.8%
|
-
|
10%
|
21.2%
|
7%
|
Assets
1 |
47,788
|
58,340
|
81,853
|
137,575
|
-
|
506,019
|
238,068
|
847,133
|
Book Value Per Share
2 |
7.390
|
6.530
|
10.00
|
34.60
|
-
|
124.0
|
115.0
|
136.0
|
Cash Flow per Share
2 |
6.470
|
1.210
|
0.3400
|
24.00
|
58.40
|
24.00
|
37.10
|
53.10
|
Capex
1 |
1,337
|
1,083
|
1,325
|
2,775
|
-
|
16,504
|
13,595
|
15,173
|
Capex / Sales
|
1.49%
|
1.71%
|
0.88%
|
0.58%
|
-
|
1.9%
|
1.41%
|
1.36%
|
Announcement Date
|
2/12/20
|
2/11/21
|
2/16/22
|
2/8/23
|
3/4/24
|
-
|
-
|
-
|
Last Close Price
187.2
TRY Average target price
182.6
TRY Spread / Average Target -2.48% Consensus |
1st Jan change
|
Capi.
|
---|
| +30.91% | 11.2B | | +4.34% | 19.85B | | +1.98% | 10.89B | | +38.96% | 9.39B | | +4.60% | 7.71B | | +57.97% | 4.42B | | +3.54% | 3.39B | | +15.74% | 3.21B | | -4.79% | 2.9B | | +15.80% | 2.77B |
Petroleum Refining
|