TURKCELL ILETISIM HIZMET-ADR (TKC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TKC - US9001112047 - ADR
5.82 USD
+0.03 (+0.52%)
5.65 USD
-0.17 (-2.92%)
Overall TKC gets a fundamental rating of 6 out of 10. We evaluated TKC against 22 industry peers in the Wireless Telecommunication Services industry. Both the profitability and the financial health of TKC get a neutral evaluation. Nothing too spectacular is happening here. TKC is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, TKC could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year TKC was profitable.
In the past year TKC had a positive cash flow from operations.
TKC had positive earnings in each of the past 5 years.
In the past 5 years TKC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TKC (5.36%) is better than 68.18% of its industry peers.
The Return On Equity of TKC (11.17%) is better than 63.64% of its industry peers.
With a Return On Invested Capital value of 3.88%, TKC perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TKC is below the industry average of 5.85%.
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
With a decent Profit Margin value of 12.70%, TKC is doing good in the industry, outperforming 72.73% of the companies in the same industry.
In the last couple of years the Profit Margin of TKC has grown nicely.
TKC has a Operating Margin (10.62%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of TKC has declined.
Looking at the Gross Margin, with a value of 27.02%, TKC is doing worse than 81.82% of the companies in the same industry.
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
TKC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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 2.09 indicates that TKC is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.09, TKC belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
The Debt to FCF ratio of TKC is 16.04, which is on the high side as it means it would take TKC, 16.04 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 16.04, TKC is in line with its industry, outperforming 40.91% of the companies in the same industry.
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 | 2.09 |
ROIC/WACC0.41
WACC9.36%
2.3 Liquidity
A Current Ratio of 1.69 indicates that TKC should not have too much problems paying its short term obligations.
The Current ratio of TKC (1.69) is better than 90.91% of its industry peers.
A Quick Ratio of 1.69 indicates that TKC should not have too much problems paying its short term obligations.
TKC has a better Quick ratio (1.69) than 95.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 56.73% over the past year.
TKC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 48.75% yearly.
The Revenue has grown by 9.78% in the past year. This is quite good.
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.
TKC is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 34.16% yearly.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
TKC is valuated reasonably with a Price/Earnings ratio of 8.82.
Based on the Price/Earnings ratio, TKC is valued cheaper than 95.45% of the companies in the same industry.
TKC is valuated cheaply when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.18, the valuation of TKC can be described as very cheap.
Based on the Price/Forward Earnings ratio, TKC is valued cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TKC to the average of the S&P500 Index (36.10), we can say TKC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.82 | ||
| Fwd PE | 6.18 |
4.2 Price Multiples
95.45% of the companies in the same industry are more expensive than TKC, based on the Enterprise Value to EBITDA ratio.
TKC's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. TKC is more expensive than 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20 | ||
| EV/EBITDA | 3.2 |
4.3 Compensation for Growth
A more expensive valuation may be justified as TKC's earnings are expected to grow with 27.63% in the coming years.
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 3.74%.
TKC's Dividend Yield is comparable with the industry average which is at 8.08.
TKC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
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
TKC pays out 44.74% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of TKC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP44.74%
EPS Next 2Y21.92%
EPS Next 3Y27.63%
5.82
+0.03 (+0.52%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners11.85%
Inst Owner Change12.71%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.07B
Revenue(TTM)193.24B
Net Income(TTM)24.53B
Analysts82.5
Price Target8.47 (45.53%)
Short Float %0.21%
Short Ratio0.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
Yearly Dividend0.2
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)-0.55%
PT rev (3m)-2.85%
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)1.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.82 | ||
| Fwd PE | 6.18 | ||
| P/S | 1.12 | ||
| P/FCF | 20 | ||
| P/OCF | 3.07 | ||
| P/B | 0.98 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | 3.2 |
EPS(TTM)0.66
EY11.34%
EPS(NY)0.94
Fwd EY16.18%
FCF(TTM)0.29
FCFY5%
OCF(TTM)1.89
OCFY32.53%
SpS5.22
BVpS5.93
TBVpS3.4
PEG (NY)N/A
PEG (5Y)0.18
Graham Number9.38
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 | 2.09 |
F-Score6
WACC9.36%
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 8.82 and the Price/Book (PB) ratio is 0.98.
Can you provide the financial health for TKC stock?
The financial health rating of TURKCELL ILETISIM HIZMET-ADR (TKC) is 5 / 10.