TURKCELL ILETISIM HIZMET-ADR (TKC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TKC - US9001112047 - ADR
5.9 USD
-0.03 (-0.51%)
5.9 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to TKC. TKC was compared to 22 industry peers in the Wireless Telecommunication Services industry. TKC has an average financial health and profitability rating. TKC is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make TKC suitable for growth investing!
1. Profitability
1.1 Basic Checks
TKC had positive earnings in the past year.
TKC had a positive operating cash flow in the past year.
In the past 5 years TKC has always been profitable.
TKC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TKC has a Return On Assets of 5.36%. This is in the better half of the industry: TKC outperforms 68.18% of its industry peers.
TKC's Return On Equity of 11.17% is fine compared to the rest of the industry. TKC outperforms 63.64% of its industry peers.
TKC has a Return On Invested Capital (3.88%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for TKC is below the industry average of 6.45%.
The last Return On Invested Capital (3.88%) for TKC is above the 3 year average (3.62%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.36% | ||
| ROE | 11.17% | ||
| ROIC | 3.88% |
ROA(3y)4.95%
ROA(5y)6.04%
ROE(3y)9.71%
ROE(5y)14.37%
ROIC(3y)3.62%
ROIC(5y)6.29%
1.3 Margins
TKC has a Profit Margin of 12.70%. This is in the better half of the industry: TKC outperforms 72.73% of its industry peers.
In the last couple of years the Profit Margin of TKC has grown nicely.
Looking at the Operating Margin, with a value of 10.62%, TKC is in line with its industry, outperforming 59.09% of the companies in the same industry.
In the last couple of years the Operating Margin of TKC has declined.
The Gross Margin of TKC (27.02%) is worse than 81.82% of its industry peers.
TKC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.62% | ||
| PM (TTM) | 12.7% | ||
| GM | 27.02% |
OM growth 3Y-14.84%
OM growth 5Y-9.76%
PM growth 3Y0.26%
PM growth 5Y1.79%
GM growth 3Y-6.05%
GM growth 5Y-5.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TKC is destroying value.
The number of shares outstanding for TKC remains at a similar level compared to 1 year ago.
The number of shares outstanding for TKC has been increased compared to 5 years ago.
The debt/assets ratio for TKC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.11 indicates that TKC is not a great score, but indicates only limited risk for bankruptcy at the moment.
TKC has a Altman-Z score of 2.11. This is amongst the best in the industry. TKC outperforms 86.36% of its industry peers.
TKC has a debt to FCF ratio of 16.04. This is a negative value and a sign of low solvency as TKC would need 16.04 years to pay back of all of its debts.
TKC has a Debt to FCF ratio (16.04) which is in line with its industry peers.
TKC has a Debt/Equity ratio of 0.58. This is a neutral value indicating TKC is somewhat dependend on debt financing.
TKC has a Debt to Equity ratio (0.58) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 16.04 | ||
| Altman-Z | 2.11 |
ROIC/WACC0.41
WACC9.37%
2.3 Liquidity
A Current Ratio of 1.69 indicates that TKC should not have too much problems paying its short term obligations.
TKC has a better Current ratio (1.69) than 90.91% of its industry peers.
TKC has a Quick Ratio of 1.69. This is a normal value and indicates that TKC is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.69, TKC belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
TKC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 56.73%, which is quite impressive.
The Earnings Per Share has been growing by 48.75% on average over the past years. This is a very strong growth
TKC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.78%.
Measured over the past years, TKC shows a very strong growth in Revenue. The Revenue has been growing by 45.99% on average per year.
EPS 1Y (TTM)56.73%
EPS 3Y67.24%
EPS 5Y48.75%
EPS Q2Q%-32.75%
Revenue 1Y (TTM)9.78%
Revenue growth 3Y66.79%
Revenue growth 5Y45.99%
Sales Q2Q%256.57%
3.2 Future
TKC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.63% yearly.
Based on estimates for the next years, TKC will show a very strong growth in Revenue. The Revenue will grow by 34.16% on average per year.
EPS Next Y-9.1%
EPS Next 2Y21.92%
EPS Next 3Y27.63%
EPS Next 5YN/A
Revenue Next Year41.62%
Revenue Next 2Y35.24%
Revenue Next 3Y30.15%
Revenue Next 5Y34.16%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.94, the valuation of TKC can be described as very reasonable.
Based on the Price/Earnings ratio, TKC is valued cheaply inside the industry as 95.45% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.38, TKC is valued rather cheaply.
The Price/Forward Earnings ratio is 6.30, which indicates a rather cheap valuation of TKC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TKC indicates a rather cheap valuation: TKC is cheaper than 95.45% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of TKC to the average of the S&P500 Index (23.83), we can say TKC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 6.3 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TKC indicates a rather cheap valuation: TKC is cheaper than 90.91% of the companies listed in the same industry.
72.73% of the companies in the same industry are cheaper than TKC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.38 | ||
| EV/EBITDA | 3.27 |
4.3 Compensation for Growth
TKC's earnings are expected to grow with 27.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y21.92%
EPS Next 3Y27.63%
5. Dividend
5.1 Amount
TKC has a Yearly Dividend Yield of 3.57%.
Compared to an average industry Dividend Yield of 5.55, TKC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, TKC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.57% |
5.2 History
The dividend of TKC is nicely growing with an annual growth rate of 45.17%!
TKC has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of TKC decreased in the last 3 years.
Dividend Growth(5Y)45.17%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
44.74% of the earnings are spent on dividend by TKC. This is a bit on the high side, but may be sustainable.
TKC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP44.74%
EPS Next 2Y21.92%
EPS Next 3Y27.63%
5.9
-0.03 (-0.51%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners11.85%
Inst Owner Change12.72%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.14B
Revenue(TTM)193.24B
Net Income(TTM)24.53B
Analysts82.5
Price Target8.47 (43.56%)
Short Float %0.15%
Short Ratio0.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.57% |
Yearly Dividend0.19
Dividend Growth(5Y)45.17%
DP44.74%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.91%
PT rev (3m)-4.09%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.07%
EPS NY rev (3m)-2.54%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.56%
Revenue NY rev (3m)1.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 6.3 | ||
| P/S | 1.14 | ||
| P/FCF | 20.38 | ||
| P/OCF | 3.13 | ||
| P/B | 1 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | 3.27 |
EPS(TTM)0.66
EY11.19%
EPS(NY)0.94
Fwd EY15.87%
FCF(TTM)0.29
FCFY4.91%
OCF(TTM)1.88
OCFY31.93%
SpS5.19
BVpS5.9
TBVpS3.39
PEG (NY)N/A
PEG (5Y)0.18
Graham Number9.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.36% | ||
| ROE | 11.17% | ||
| ROCE | 5.78% | ||
| ROIC | 3.88% | ||
| ROICexc | 5.95% | ||
| ROICexgc | 9.75% | ||
| OM | 10.62% | ||
| PM (TTM) | 12.7% | ||
| GM | 27.02% | ||
| FCFM | 5.58% |
ROA(3y)4.95%
ROA(5y)6.04%
ROE(3y)9.71%
ROE(5y)14.37%
ROIC(3y)3.62%
ROIC(5y)6.29%
ROICexc(3y)5.04%
ROICexc(5y)8.99%
ROICexgc(3y)8.58%
ROICexgc(5y)15.05%
ROCE(3y)5.61%
ROCE(5y)9.7%
ROICexgc growth 3Y-15%
ROICexgc growth 5Y-13.41%
ROICexc growth 3Y-17.01%
ROICexc growth 5Y-12.51%
OM growth 3Y-14.84%
OM growth 5Y-9.76%
PM growth 3Y0.26%
PM growth 5Y1.79%
GM growth 3Y-6.05%
GM growth 5Y-5.09%
F-Score6
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 16.04 | ||
| Debt/EBITDA | 1.71 | ||
| Cap/Depr | 110.94% | ||
| Cap/Sales | 30.72% | ||
| Interest Coverage | 1.28 | ||
| Cash Conversion | 94.75% | ||
| Profit Quality | 43.94% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 2.11 |
F-Score6
WACC9.37%
ROIC/WACC0.41
Cap/Depr(3y)90.31%
Cap/Depr(5y)105.08%
Cap/Sales(3y)28.83%
Cap/Sales(5y)27.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)56.73%
EPS 3Y67.24%
EPS 5Y48.75%
EPS Q2Q%-32.75%
EPS Next Y-9.1%
EPS Next 2Y21.92%
EPS Next 3Y27.63%
EPS Next 5YN/A
Revenue 1Y (TTM)9.78%
Revenue growth 3Y66.79%
Revenue growth 5Y45.99%
Sales Q2Q%256.57%
Revenue Next Year41.62%
Revenue Next 2Y35.24%
Revenue Next 3Y30.15%
Revenue Next 5Y34.16%
EBIT growth 1Y-6.58%
EBIT growth 3Y42.04%
EBIT growth 5Y31.74%
EBIT Next Year325.79%
EBIT Next 3Y87.81%
EBIT Next 5Y79.42%
FCF growth 1Y-17.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y105.16%
OCF growth 3Y32.41%
OCF growth 5Y37.83%
TURKCELL ILETISIM HIZMET-ADR / TKC FAQ
What is the fundamental rating for TKC stock?
ChartMill assigns a fundamental rating of 6 / 10 to TKC.
Can you provide the valuation status for TURKCELL ILETISIM HIZMET-ADR?
ChartMill assigns a valuation rating of 6 / 10 to TURKCELL ILETISIM HIZMET-ADR (TKC). This can be considered as Fairly Valued.
What is the profitability of TKC stock?
TURKCELL ILETISIM HIZMET-ADR (TKC) has a profitability rating of 5 / 10.
What are the PE and PB ratios of TURKCELL ILETISIM HIZMET-ADR (TKC) stock?
The Price/Earnings (PE) ratio for TURKCELL ILETISIM HIZMET-ADR (TKC) is 8.94 and the Price/Book (PB) ratio is 1.
Can you provide the financial health for TKC stock?
The financial health rating of TURKCELL ILETISIM HIZMET-ADR (TKC) is 5 / 10.