Sayfa yüklenirken bir hata oluştu.
Teknik ekibimiz bilgilendirildi, ancak sorunun devam etmesi durumunda lütfen e-posta destek widget ile bize ulaşın.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 7,2x - 7,9x | 7,6x |
| Selected Fwd EBITDA Multiple | 7,2x - 7,9x | 7,6x |
| Fair Value | ₺80,10 - ₺87,84 | ₺83,97 |
| Upside | 32,0% - 44,7% | 38,3% |
| Benchmarks | Ticker | Full Ticker |
| Intema Insaat ve Tesisat Malzemeleri Yatirim ve Pazarlama A.S. | INTEM | IBSE:INTEM |
| Stokvis Nord Afrique S.A. | SNA | CBSE:SNA |
| C & I Leasing Plc | CILEASING | NGSE:CILEASING |
| Yesil Yapi Endüstrisi A.S. | YYAPI | IBSE:YYAPI |
| Kaleseramik Canakkale Kalebodur Seramik Sanayi A.S. | KLSER | IBSE:KLSER |
| TGS Dis Ticaret Anonim Sirketi | TGSAS | IBSE:TGSAS |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| INTEM | SNA | CILEASING | YYAPI | KLSER | TGSAS | ||
| IBSE:INTEM | CBSE:SNA | NGSE:CILEASING | IBSE:YYAPI | IBSE:KLSER | IBSE:TGSAS | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 60.2% | NM- | 19.9% | NM- | NM- | 59.4% | |
| 3Y CAGR | 66.3% | NM- | 45.9% | NM- | NM- | 117.7% | |
| Latest Twelve Months | -56.2% | NM | 50.5% | -211.7% | -257.7% | 103.4% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 19.4% | -13.9% | 37.8% | -130.0% | 2.1% | 45.7% | |
| Prior Fiscal Year | 23.8% | -51.0% | 49.5% | -161.8% | 7.8% | 42.4% | |
| Latest Fiscal Year | 13.4% | NA | 41.8% | -212.8% | -17.3% | 69.7% | |
| Latest Twelve Months | 13.4% | NA | 41.8% | -212.8% | -17.3% | 69.7% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 2.69x | 3.40x | 1.24x | 40.33x | 5.69x | 3.66x | |
| EV / LTM EBITDA | 20.0x | -25.0x | 3.0x | -18.9x | -32.9x | 5.3x | |
| EV / LTM EBIT | 23.8x | -68.3x | 3.0x | -18.7x | -23.6x | 5.5x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | -32.9x | -18.9x | 20.0x | ||||
| Historical EV / LTM EBITDA | 5.3x | 19.0x | 178.7x | ||||
| Selected EV / LTM EBITDA | 7.2x | 7.6x | 7.9x | ||||
| (x) LTM EBITDA | 152 | 152 | 152 | ||||
| (=) Implied Enterprise Value | 1,094 | 1,152 | 1,210 | ||||
| (-) Non-shareholder Claims * | 98 | 98 | 98 | ||||
| (=) Equity Value | 1,192 | 1,250 | 1,307 | ||||
| (/) Shares Outstanding | 15.0 | 15.0 | 15.0 | ||||
| Implied Value Range | 79.49 | 83.33 | 87.17 | ||||
| FX Rate: TRY/TRY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 79.49 | 83.33 | 87.17 | 60.70 | |||
| Upside / (Downside) | 30.9% | 37.3% | 43.6% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | INTEM | SNA | CILEASING | YYAPI | KLSER | TGSAS | |
| Enterprise Value | 3,883 | 1,130 | 45,230 | (836) | 56,566 | 813 | |
| (+) Cash & Short Term Investments | 48 | 236 | 4,389 | 38 | 1,458 | 102 | |
| (+) Investments & Other | 0 | 0 | 7,902 | 2,029 | 86 | 0 | |
| (-) Debt | (54) | (405) | (46,697) | (0) | (5,404) | (4) | |
| (-) Other Liabilities | 0 | (1) | (1,182) | (3) | (69) | (0) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 3,877 | 961 | 9,642 | 1,227 | 52,637 | 911 | |
| (/) Shares Outstanding | 19.2 | 17.7 | 2,948.6 | 852.4 | 1,645.9 | 15.0 | |
| Implied Stock Price | 202.30 | 54.30 | 3.27 | 1.44 | 31.98 | 60.70 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 202.30 | 54.30 | 3.27 | 1.44 | 31.98 | 60.70 | |
| Trading Currency | TRY | MAD | NGN | TRY | TRY | TRY | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |