TURKCELL ILETISIM HIZMET-ADR (TKC)
US9001112047 - ADR
Overall TKC gets a fundamental rating of 7 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 growing strongly while it also seems undervalued. This is an interesting combination These ratings would make TKC suitable for value and 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.
TKC had positive earnings in each of the past 5 years.
Each year in the past 5 years TKC had a positive operating cash flow.
1.2 Ratios
TKC has a Return On Assets of 7.50%. This is amongst the best in the industry. TKC outperforms 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 14.05%, TKC belongs to the top of the industry, outperforming 80.95% of the companies in the same industry.
With a Return On Invested Capital value of 3.52%, TKC perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TKC is in line with the industry average of 6.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.5% | ||
| ROE | 14.05% | ||
| ROIC | 3.52% |
ROA(3y)5.04%
ROA(5y)6.09%
ROE(3y)12.95%
ROE(5y)15.45%
ROIC(3y)5.47%
ROIC(5y)8.32%
1.3 Margins
With an excellent Profit Margin value of 12.89%, TKC belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
TKC's Profit Margin has improved in the last couple of years.
TKC has a Operating Margin of 6.51%. This is comparable to the rest of the industry: TKC outperforms 47.62% of its industry peers.
In the last couple of years the Operating Margin of TKC has declined.
The Gross Margin of TKC (17.54%) is worse than 85.71% of its industry peers.
In the last couple of years the Gross Margin of TKC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.51% | ||
| PM (TTM) | 12.89% | ||
| GM | 17.54% |
OM growth 3Y-26.27%
OM growth 5Y-16.33%
PM growth 3Y-6.97%
PM growth 5Y4.31%
GM growth 3Y-11.07%
GM growth 5Y-8.79%
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.
Compared to 5 years ago, TKC has more shares outstanding
The debt/assets ratio for TKC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.59 indicates that TKC is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of TKC (2.59) is better than 95.24% of its industry peers.
A Debt/Equity ratio of 0.52 indicates that TKC is somewhat dependend on debt financing.
TKC has a Debt to Equity ratio of 0.52. This is in the better half of the industry: TKC outperforms 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.59 |
ROIC/WACC0.2
WACC17.64%
2.3 Liquidity
A Current Ratio of 1.82 indicates that TKC should not have too much problems paying its short term obligations.
TKC has a better Current ratio (1.82) than 90.48% of its industry peers.
TKC has a Quick Ratio of 1.81. This is a normal value and indicates that TKC is financially healthy and should not expect problems in meeting its short term obligations.
TKC has a Quick ratio of 1.81. This is amongst the best in the industry. TKC outperforms 90.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.81 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 40.70% over the past year.
TKC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 44.11% yearly.
Looking at the last year, TKC shows a very strong growth in Revenue. The Revenue has grown by 134.92%.
TKC shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 38.14% yearly.
EPS 1Y (TTM)40.7%
EPS 3Y43.62%
EPS 5Y44.11%
EPS Q2Q%160.96%
Revenue 1Y (TTM)134.92%
Revenue growth 3Y54.4%
Revenue growth 5Y38.14%
Sales Q2Q%46.53%
3.2 Future
TKC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.11% yearly.
TKC is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 37.02% yearly.
EPS Next Y11.53%
EPS Next 2Y30.8%
EPS Next 3Y39.11%
EPS Next 5YN/A
Revenue Next Year77.77%
Revenue Next 2Y53.54%
Revenue Next 3Y38.38%
Revenue Next 5Y37.02%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.98, the valuation of TKC can be described as very cheap.
Based on the Price/Earnings ratio, TKC is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of TKC to the average of the S&P500 Index (27.20), we can say TKC is valued rather cheaply.
TKC is valuated cheaply with a Price/Forward Earnings ratio of 7.05.
Based on the Price/Forward Earnings ratio, TKC is valued cheaper than 95.24% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.73, TKC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.98 | ||
| Fwd PE | 7.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TKC is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.74 |
4.3 Compensation for Growth
TKC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of TKC may justify a higher PE ratio.
A more expensive valuation may be justified as TKC's earnings are expected to grow with 39.11% in the coming years.
PEG (NY)0.69
PEG (5Y)0.18
EPS Next 2Y30.8%
EPS Next 3Y39.11%
5. Dividend
5.1 Amount
TKC has a Yearly Dividend Yield of 1.79%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.26, TKC has a dividend in line with its industry peers.
TKC's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
5.2 History
On average, the dividend of TKC grows each year by 40.69%, which is quite nice.
TKC has been paying a dividend for at least 10 years, so it has a reliable track record.
TKC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)40.69%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
10.14% of the earnings are spent on dividend by TKC. This is a low number and sustainable payout ratio.
TKC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP10.14%
EPS Next 2Y30.8%
EPS Next 3Y39.11%
TURKCELL ILETISIM HIZMET-ADR
NYSE:TKC (12/23/2024, 12:15:46 PM)
6.385
-0.12 (-1.92%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners11.34%
Inst Owner Change0.78%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.57B
Analysts81.18
Price Target9.95 (55.83%)
Short Float %0.03%
Short Ratio0.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
Dividend Growth(5Y)40.69%
DP10.14%
Div Incr Years4
Div Non Decr Years4
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)4.03%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-6.83%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.98 | ||
| Fwd PE | 7.05 | ||
| P/S | 1.03 | ||
| P/FCF | N/A | ||
| P/OCF | 4.66 | ||
| P/B | 1.12 | ||
| P/tB | 1.99 | ||
| EV/EBITDA | 2.74 |
EPS(TTM)0.8
EY12.53%
EPS(NY)0.91
Fwd EY14.18%
FCF(TTM)-0.01
FCFYN/A
OCF(TTM)1.37
OCFY21.44%
SpS6.19
BVpS5.68
TBVpS3.21
PEG (NY)0.69
PEG (5Y)0.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.5% | ||
| ROE | 14.05% | ||
| ROCE | 4.79% | ||
| ROIC | 3.52% | ||
| ROICexc | 5.16% | ||
| ROICexgc | 8.6% | ||
| OM | 6.51% | ||
| PM (TTM) | 12.89% | ||
| GM | 17.54% | ||
| FCFM | N/A |
ROA(3y)5.04%
ROA(5y)6.09%
ROE(3y)12.95%
ROE(5y)15.45%
ROIC(3y)5.47%
ROIC(5y)8.32%
ROICexc(3y)7.93%
ROICexc(5y)11.92%
ROICexgc(3y)12.93%
ROICexgc(5y)20.38%
ROCE(3y)7.45%
ROCE(5y)11.31%
ROICexcg growth 3Y-33.19%
ROICexcg growth 5Y-16.6%
ROICexc growth 3Y-32.78%
ROICexc growth 5Y-17.23%
OM growth 3Y-26.27%
OM growth 5Y-16.33%
PM growth 3Y-6.97%
PM growth 5Y4.31%
GM growth 3Y-11.07%
GM growth 5Y-8.79%
F-Score7
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.29 | ||
| Cap/Depr | 73.58% | ||
| Cap/Sales | 22.29% | ||
| Interest Coverage | 1.03 | ||
| Cash Conversion | 60.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.81 | ||
| Altman-Z | 2.59 |
F-Score7
WACC17.64%
ROIC/WACC0.2
Cap/Depr(3y)98.56%
Cap/Depr(5y)107.54%
Cap/Sales(3y)27.53%
Cap/Sales(5y)26.31%
Profit Quality(3y)220.29%
Profit Quality(5y)188.11%
High Growth Momentum
Growth
EPS 1Y (TTM)40.7%
EPS 3Y43.62%
EPS 5Y44.11%
EPS Q2Q%160.96%
EPS Next Y11.53%
EPS Next 2Y30.8%
EPS Next 3Y39.11%
EPS Next 5YN/A
Revenue 1Y (TTM)134.92%
Revenue growth 3Y54.4%
Revenue growth 5Y38.14%
Sales Q2Q%46.53%
Revenue Next Year77.77%
Revenue Next 2Y53.54%
Revenue Next 3Y38.38%
Revenue Next 5Y37.02%
EBIT growth 1Y-42.52%
EBIT growth 3Y13.83%
EBIT growth 5Y15.58%
EBIT Next Year156.35%
EBIT Next 3Y57.97%
EBIT Next 5Y49.64%
FCF growth 1Y-102.13%
FCF growth 3Y38.39%
FCF growth 5Y68.3%
OCF growth 1Y50.02%
OCF growth 3Y50%
OCF growth 5Y48.6%