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Migros Ticaret AS
Buy, Hold or Sell?

Let's analyse Migros Ticaret AS together

PenkeI guess you are interested in Migros Ticaret AS. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Migros Ticaret AS. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Migros Ticaret AS (30 sec.)










What can you expect buying and holding a share of Migros Ticaret AS? (30 sec.)

How much money do you get?

How much money do you get?
₺0.03
When do you have the money?
1 year
How often do you get paid?
2.5%

What is your share worth?

Current worth
₺203.57
Expected worth in 1 year
₺384.17
How sure are you?
55.0%

+ What do you gain per year?

Total Gains per Share
₺181.73
Return On Investment
39.1%

For what price can you sell your share?

Current Price per Share
₺465.00
Expected price per share
₺407.00 - ₺509.50
How sure are you?
50%

1. Valuation of Migros Ticaret AS (5 min.)




Live pricePrice per Share (EOD)

₺465.00

Intrinsic Value Per Share

₺198.51 - ₺226.19

Total Value Per Share

₺402.08 - ₺429.76

2. Growth of Migros Ticaret AS (5 min.)




Is Migros Ticaret AS growing?

Current yearPrevious yearGrowGrow %
How rich?$1.1b$62.2m$366.6m85.5%

How much money is Migros Ticaret AS making?

Current yearPrevious yearGrowGrow %
Making money$68.6m$19.3m$49.2m71.8%
Net Profit Margin4.4%3.0%--

How much money comes from the company's main activities?

3. Financial Health of Migros Ticaret AS (5 min.)




4. Comparing to competitors in the Grocery Stores industry (5 min.)




  Industry Rankings (Grocery Stores)  


Richest
#27 / 67

Most Revenue
#32 / 67

Most Profit
#22 / 67

What can you expect buying and holding a share of Migros Ticaret AS? (5 min.)

Welcome investor! Migros Ticaret AS's management wants to use your money to grow the business. In return you get a share of Migros Ticaret AS.

What can you expect buying and holding a share of Migros Ticaret AS?

First you should know what it really means to hold a share of Migros Ticaret AS. And how you can make/lose money.

Speculation

The Price per Share of Migros Ticaret AS is ₺465.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Migros Ticaret AS.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Migros Ticaret AS, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ₺203.57. Based on the TTM, the Book Value Change Per Share is ₺45.15 per quarter. Based on the YOY, the Book Value Change Per Share is ₺4.99 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ₺0.28 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Migros Ticaret AS.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.800.2%0.390.1%0.110.0%0.100.0%0.050.0%
Usd Book Value Change Per Share4.901.1%1.400.3%0.160.0%0.310.1%0.150.0%
Usd Dividend Per Share0.030.0%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share4.931.1%1.410.3%0.160.0%0.310.1%0.160.0%
Usd Price Per Share10.42-8.40-2.65-2.76-1.70-
Price to Earnings Ratio3.25-7.59-7.22-44.24-26.35-
Price-to-Total Gains Ratio2.11-26.96-28.91-511.27-348.16-
Price to Book Ratio1.65-5.55-8.64-58.26-31.86-
Price-to-Total Gains Ratio2.11-26.96-28.91-511.27-348.16-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.4615
Number of shares69
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share1.400.31
Usd Total Gains Per Share1.410.31
Gains per Quarter (69 shares)97.4921.58
Gains per Year (69 shares)389.9686.32
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1238838008676
257757701172162
37116311601258248
410155015502343334
512193819402429420
614232523303515506
717271327203601592
819310031104687678
922348835004773764
1024387638905858850

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%14.06.00.070.0%21.012.07.052.5%45.012.019.059.2%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%13.07.00.065.0%22.018.00.055.0%44.032.00.057.9%
Dividend per Share1.00.03.025.0%1.00.011.08.3%1.00.019.05.0%1.00.039.02.5%13.00.063.017.1%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%13.07.00.065.0%22.018.00.055.0%48.028.00.063.2%

Fundamentals of Migros Ticaret AS

About Migros Ticaret AS

Migros Ticaret A.S., together with its subsidiaries, engages in the retail sale of food and beverages, and consumer and durable goods. The company operates Migros Sanal Market, an online food retailing website, as well as Tazedirekt.com, an online shopping website. It also sells its good through stores, shopping centers, Ramstores Banner abroad, and internet. Migros Ticaret A.S. was founded in 1954 and is headquartered in Istanbul, Turkey.

Fundamental data was last updated by Penke on 2024-05-18 00:07:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Migros Ticaret AS.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Migros Ticaret AS earns for each ₤1 of revenue.

  • Above 10% is considered healthy but always compare Migros Ticaret AS to the Grocery Stores industry mean.
  • A Net Profit Margin of 5.8% means that ₤0.06 for each ₤1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Migros Ticaret AS:

  • The MRQ is 5.8%. The company is making a profit. +1
  • The TTM is 4.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.8%TTM4.4%+1.4%
TTM4.4%YOY3.0%+1.4%
TTM4.4%5Y0.9%+3.5%
5Y0.9%10Y0.8%+0.1%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ5.8%2.2%+3.6%
TTM4.4%2.3%+2.1%
YOY3.0%2.4%+0.6%
5Y0.9%2.5%-1.6%
10Y0.8%2.3%-1.5%
1.1.2. Return on Assets

Shows how efficient Migros Ticaret AS is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Migros Ticaret AS to the Grocery Stores industry mean.
  • 5.0% Return on Assets means that Migros Ticaret AS generated ₤0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Migros Ticaret AS:

  • The MRQ is 5.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.0%TTM3.4%+1.6%
TTM3.4%YOY2.2%+1.2%
TTM3.4%5Y0.9%+2.4%
5Y0.9%10Y0.5%+0.4%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0%1.2%+3.8%
TTM3.4%1.3%+2.1%
YOY2.2%1.3%+0.9%
5Y0.9%1.1%-0.2%
10Y0.5%1.1%-0.6%
1.1.3. Return on Equity

Shows how efficient Migros Ticaret AS is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Migros Ticaret AS to the Grocery Stores industry mean.
  • 12.8% Return on Equity means Migros Ticaret AS generated ₤0.13 for each ₤1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Migros Ticaret AS:

  • The MRQ is 12.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 19.4%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ12.8%TTM19.4%-6.7%
TTM19.4%YOY29.9%-10.5%
TTM19.4%5Y-1.1%+20.5%
5Y-1.1%10Y-4.8%+3.6%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ12.8%4.1%+8.7%
TTM19.4%4.6%+14.8%
YOY29.9%4.2%+25.7%
5Y-1.1%3.8%-4.9%
10Y-4.8%3.4%-8.2%

1.2. Operating Efficiency of Migros Ticaret AS.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Migros Ticaret AS is operating .

  • Measures how much profit Migros Ticaret AS makes for each ₤1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Migros Ticaret AS to the Grocery Stores industry mean.
  • An Operating Margin of 0.0% means the company generated ₤0.00  for each ₤1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Migros Ticaret AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.3%-1.3%
TTM1.3%YOY6.5%-5.2%
TTM1.3%5Y4.9%-3.6%
5Y4.9%10Y3.2%+1.8%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.8%-3.8%
TTM1.3%2.3%-1.0%
YOY6.5%3.4%+3.1%
5Y4.9%3.9%+1.0%
10Y3.2%3.4%-0.2%
1.2.2. Operating Ratio

Measures how efficient Migros Ticaret AS is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Grocery Stores industry mean).
  • An Operation Ratio of 1.98 means that the operating costs are ₤1.98 for each ₤1 in net sales.

Let's take a look of the Operating Ratio trends of Migros Ticaret AS:

  • The MRQ is 1.980. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.777. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.980TTM1.777+0.203
TTM1.777YOY1.694+0.083
TTM1.7775Y1.708+0.069
5Y1.70810Y1.381+0.328
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9801.490+0.490
TTM1.7771.341+0.436
YOY1.6940.977+0.717
5Y1.7081.075+0.633
10Y1.3811.037+0.344

1.3. Liquidity of Migros Ticaret AS.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Migros Ticaret AS is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Grocery Stores industry mean).
  • A Current Ratio of 0.84 means the company has ₤0.84 in assets for each ₤1 in short-term debts.

Let's take a look of the Current Ratio trends of Migros Ticaret AS:

  • The MRQ is 0.844. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.830. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.844TTM0.830+0.014
TTM0.830YOY0.768+0.062
TTM0.8305Y0.728+0.102
5Y0.72810Y0.480+0.248
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8440.874-0.030
TTM0.8300.918-0.088
YOY0.7680.888-0.120
5Y0.7280.904-0.176
10Y0.4800.866-0.386
1.3.2. Quick Ratio

Measures if Migros Ticaret AS is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Migros Ticaret AS to the Grocery Stores industry mean.
  • A Quick Ratio of 0.02 means the company can pay off ₤0.02 for each ₤1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Migros Ticaret AS:

  • The MRQ is 0.019. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.020. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.019TTM0.020-0.002
TTM0.020YOY0.041-0.021
TTM0.0205Y0.026-0.006
5Y0.02610Y0.025+0.001
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0190.280-0.261
TTM0.0200.263-0.243
YOY0.0410.381-0.340
5Y0.0260.422-0.396
10Y0.0250.395-0.370

1.4. Solvency of Migros Ticaret AS.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Migros Ticaret AS assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Migros Ticaret AS to Grocery Stores industry mean.
  • A Debt to Asset Ratio of 0.61 means that Migros Ticaret AS assets are financed with 60.6% credit (debt) and the remaining percentage (100% - 60.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Migros Ticaret AS:

  • The MRQ is 0.606. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.804. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.606TTM0.804-0.197
TTM0.804YOY0.924-0.120
TTM0.8045Y0.937-0.133
5Y0.93710Y0.915+0.022
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6060.702-0.096
TTM0.8040.684+0.120
YOY0.9240.686+0.238
5Y0.9370.690+0.247
10Y0.9150.651+0.264
1.4.2. Debt to Equity Ratio

Measures if Migros Ticaret AS is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Migros Ticaret AS to the Grocery Stores industry mean.
  • A Debt to Equity ratio of 155.1% means that company has ₤1.55 debt for each ₤1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Migros Ticaret AS:

  • The MRQ is 1.551. The company is just able to pay all its debts with equity.
  • The TTM is 5.547. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ1.551TTM5.547-3.996
TTM5.547YOY13.634-8.087
TTM5.5475Y141.143-135.596
5Y141.14310Y76.101+65.041
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5512.297-0.746
TTM5.5472.139+3.408
YOY13.6342.205+11.429
5Y141.1432.253+138.890
10Y76.1011.979+74.122

2. Market Valuation of Migros Ticaret AS

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₤1 in earnings Migros Ticaret AS generates.

  • Above 15 is considered overpriced but always compare Migros Ticaret AS to the Grocery Stores industry mean.
  • A PE ratio of 3.25 means the investor is paying ₤3.25 for every ₤1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Migros Ticaret AS:

  • The EOD is 4.506. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.246. Based on the earnings, the company is cheap. +2
  • The TTM is 7.589. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD4.506MRQ3.246+1.260
MRQ3.246TTM7.589-4.343
TTM7.589YOY7.219+0.370
TTM7.5895Y44.243-36.654
5Y44.24310Y26.349+17.893
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD4.50615.524-11.018
MRQ3.24614.211-10.965
TTM7.58915.942-8.353
YOY7.21913.409-6.190
5Y44.24317.580+26.663
10Y26.34922.323+4.026
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Migros Ticaret AS:

  • The EOD is 120.285. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 86.657. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 26.090. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD120.285MRQ86.657+33.628
MRQ86.657TTM26.090+60.567
TTM26.090YOY4.374+21.716
TTM26.0905Y5.616+20.473
5Y5.61610Y2.808+2.808
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD120.2856.837+113.448
MRQ86.6575.922+80.735
TTM26.0907.532+18.558
YOY4.3745.405-1.031
5Y5.6164.618+0.998
10Y2.8083.711-0.903
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Migros Ticaret AS is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Grocery Stores industry mean).
  • A PB ratio of 1.65 means the investor is paying ₤1.65 for each ₤1 in book value.

Let's take a look of the Price to Book Ratio trends of Migros Ticaret AS:

  • The EOD is 2.284. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.646. Based on the equity, the company is underpriced. +1
  • The TTM is 5.553. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD2.284MRQ1.646+0.639
MRQ1.646TTM5.553-3.907
TTM5.553YOY8.640-3.088
TTM5.5535Y58.257-52.704
5Y58.25710Y31.856+26.401
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD2.2842.359-0.075
MRQ1.6462.376-0.730
TTM5.5532.681+2.872
YOY8.6403.140+5.500
5Y58.2573.549+54.708
10Y31.8563.655+28.201
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Migros Ticaret AS compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--157.48845.151+249%4.989+3057%10.000+1475%4.973+3067%
Book Value Per Share--203.57077.441+163%11.237+1712%18.452+1003%11.431+1681%
Current Ratio--0.8440.830+2%0.768+10%0.728+16%0.480+76%
Debt To Asset Ratio--0.6060.804-25%0.924-34%0.937-35%0.915-34%
Debt To Equity Ratio--1.5515.547-72%13.634-89%141.143-99%76.101-98%
Dividend Per Share--1.1200.280+300%-+100%0.056+1900%0.028+3900%
Eps--25.80112.393+108%3.608+615%3.143+721%1.562+1552%
Free Cash Flow Per Share--0.96610.627-91%8.110-88%6.410-85%6.410-85%
Free Cash Flow To Equity Per Share--0.96610.627-91%5.925-84%3.893-75%3.893-75%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.825+21%
Intrinsic Value_10Y_max--226.193--------
Intrinsic Value_10Y_min--198.508--------
Intrinsic Value_1Y_max--28.585--------
Intrinsic Value_1Y_min--28.081--------
Intrinsic Value_3Y_max--81.375--------
Intrinsic Value_3Y_min--77.779--------
Intrinsic Value_5Y_max--128.728--------
Intrinsic Value_5Y_min--119.870--------
Market Cap82812780000.000+28%59660859195.00048098217380.850+24%15199271725.365+293%15815495533.085+277%9709087718.243+514%
Net Profit Margin--0.0580.044+31%0.030+94%0.009+519%0.008+619%
Operating Margin---0.013-100%0.065-100%0.049-100%0.032-100%
Operating Ratio--1.9801.777+11%1.694+17%1.708+16%1.381+43%
Pb Ratio2.284+28%1.6465.553-70%8.640-81%58.257-97%31.856-95%
Pe Ratio4.506+28%3.2467.589-57%7.219-55%44.243-93%26.349-88%
Price Per Share465.000+28%335.000270.075+24%85.345+293%88.794+277%54.510+515%
Price To Free Cash Flow Ratio120.285+28%86.65726.090+232%4.374+1881%5.616+1443%2.808+2986%
Price To Total Gains Ratio2.932+28%2.11226.960-92%28.907-93%511.274-100%348.164-99%
Quick Ratio--0.0190.020-9%0.041-55%0.026-29%0.025-27%
Return On Assets--0.0500.034+48%0.022+129%0.009+443%0.005+844%
Return On Equity--0.1280.194-34%0.299-57%-0.011+109%-0.048+137%
Total Gains Per Share--158.60845.431+249%4.989+3079%10.056+1477%5.001+3072%
Usd Book Value--1127503660.700428917951.400+163%62236387.000+1712%102206637.255+1003%63314515.150+1681%
Usd Book Value Change Per Share--4.8981.404+249%0.155+3057%0.311+1475%0.155+3067%
Usd Book Value Per Share--6.3312.408+163%0.349+1712%0.574+1003%0.355+1681%
Usd Dividend Per Share--0.0350.009+300%-+100%0.002+1900%0.001+3900%
Usd Eps--0.8020.385+108%0.112+615%0.098+721%0.049+1552%
Usd Free Cash Flow--5352869.80058858639.325-91%44920606.750-88%28403591.125-81%14201795.563-62%
Usd Free Cash Flow Per Share--0.0300.330-91%0.252-88%0.199-85%0.199-85%
Usd Free Cash Flow To Equity Per Share--0.0300.330-91%0.184-84%0.121-75%0.121-75%
Usd Market Cap2575477458.000+28%1855452720.9651495854560.544+24%472697350.659+293%491861911.079+277%301952628.037+514%
Usd Price Per Share14.462+28%10.4198.399+24%2.654+293%2.761+277%1.695+515%
Usd Profit--142901296.70068643111.400+108%19391580.850+637%16773124.125+752%8332004.888+1615%
Usd Revenue--2482337623.0001412517970.175+76%579252871.175+329%535588821.050+363%316525571.210+684%
Usd Total Gains Per Share--4.9331.413+249%0.155+3079%0.313+1477%0.156+3072%
 EOD+4 -4MRQTTM+23 -12YOY+23 -125Y+24 -1110Y+25 -11

3.2. Fundamental Score

Let's check the fundamental score of Migros Ticaret AS based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.506
Price to Book Ratio (EOD)Between0-12.284
Net Profit Margin (MRQ)Greater than00.058
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.019
Current Ratio (MRQ)Greater than10.844
Debt to Asset Ratio (MRQ)Less than10.606
Debt to Equity Ratio (MRQ)Less than11.551
Return on Equity (MRQ)Greater than0.150.128
Return on Assets (MRQ)Greater than0.050.050
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Migros Ticaret AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.934
Ma 20Greater thanMa 50471.413
Ma 50Greater thanMa 100454.440
Ma 100Greater thanMa 200437.103
OpenGreater thanClose474.250
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Operating Income  1,179,993122,6671,302,660389,9381,692,598978,0242,670,622-11,017,540-8,346,918



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in TRY. All numbers in thousands.

Summary
Total Assets92,129,481
Total Liabilities55,875,344
Total Stockholder Equity36,024,318
 As reported
Total Liabilities 55,875,344
Total Stockholder Equity+ 36,024,318
Total Assets = 92,129,481

Assets

Total Assets92,129,481
Total Current Assets37,875,773
Long-term Assets54,253,708
Total Current Assets
Cash And Cash Equivalents 10,777,927
Short-term Investments 462,505
Net Receivables 369,985
Inventory 21,928,796
Other Current Assets 68,841
Total Current Assets  (as reported)37,875,773
Total Current Assets  (calculated)33,608,054
+/- 4,267,719
Long-term Assets
Property Plant Equipment 37,552,546
Goodwill 13,693,582
Intangible Assets 1,078,672
Long-term Assets  (as reported)54,253,708
Long-term Assets  (calculated)52,324,800
+/- 1,928,908

Liabilities & Shareholders' Equity

Total Current Liabilities44,895,539
Long-term Liabilities10,979,805
Total Stockholder Equity36,024,318
Total Current Liabilities
Short Long Term Debt 1,152,755
Accounts payable 37,390,443
Total Current Liabilities  (as reported)44,895,539
Total Current Liabilities  (calculated)38,543,198
+/- 6,352,341
Long-term Liabilities
Long term Debt 866,415
Capital Lease Obligations Min Short Term Debt8,250,808
Long-term Liabilities Other 44,417
Long-term Liabilities  (as reported)10,979,805
Long-term Liabilities  (calculated)9,161,640
+/- 1,818,165
Total Stockholder Equity
Retained Earnings 32,025,135
Total Stockholder Equity (as reported)36,024,318
Total Stockholder Equity (calculated)32,025,135
+/- 3,999,183
Other
Capital Stock181,054
Common Stock Shares Outstanding 178,092
Net Invested Capital 38,043,488
Net Working Capital -7,019,766
Property Plant and Equipment Gross 69,178,172



Balance Sheet

Currency in TRY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-09-302005-06-302005-03-312004-06-302003-12-312003-06-30
> Total Assets 
571,754,868,000
1,066,058,000,000
1,121,376,000,000
995,200
1,027,200
1,284,800
2,327,120
2,580,027
2,709,045
2,789,932
2,687,676
2,702,595
2,817,340
2,829,725
2,650,765
2,624,475
2,832,741
2,896,256
2,905,235
5,397,109
5,612,147
5,642,467
5,586,631
5,349,265
5,482,722
5,567,345
5,483,874
5,588,337
5,568,800
5,480,964
5,458,053
5,491,314
5,698,738
5,624,345
5,506,660
5,795,711
5,933,222
5,796,635
5,835,252
5,804,965
5,963,961
5,593,495
5,675,665
5,887,950
6,018,390
5,760,717
5,807,177
6,021,083
6,164,797
6,337,404
8,560,783
8,904,184
9,213,416
10,302,675
9,791,287
10,307,750
10,819,185
10,884,861
13,598,148
14,274,631
14,415,139
14,460,875
14,748,369
15,089,328
15,137,561
15,378,059
14,476,200
14,960,254
16,224,773
18,100,325
9,615,526
23,964,698
28,445,057
36,423,868
40,343,760
46,828,036
55,994,562
92,129,481
92,129,48155,994,56246,828,03640,343,76036,423,86828,445,05723,964,6989,615,52618,100,32516,224,77314,960,25414,476,20015,378,05915,137,56115,089,32814,748,36914,460,87514,415,13914,274,63113,598,14810,884,86110,819,18510,307,7509,791,28710,302,6759,213,4168,904,1848,560,7836,337,4046,164,7976,021,0835,807,1775,760,7176,018,3905,887,9505,675,6655,593,4955,963,9615,804,9655,835,2525,796,6355,933,2225,795,7115,506,6605,624,3455,698,7385,491,3145,458,0535,480,9645,568,8005,588,3375,483,8745,567,3455,482,7225,349,2655,586,6315,642,4675,612,1475,397,1092,905,2352,896,2562,832,7412,624,4752,650,7652,829,7252,817,3402,702,5952,687,6762,789,9322,709,0452,580,0272,327,1201,284,8001,027,200995,2001,121,376,000,0001,066,058,000,000571,754,868,000
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,218,457
3,514,962
3,776,275
3,251,675
3,623,014
4,136,783
4,474,261
4,431,057
5,039,043
5,126,581
5,276,923
5,888,823
6,340,928
6,752,316
7,330,921
6,458,134
6,808,719
7,760,503
8,703,724
10,993,674
13,583,480
17,197,653
20,123,315
23,008,490
28,245,937
35,305,910
37,875,773
37,875,77335,305,91028,245,93723,008,49020,123,31517,197,65313,583,48010,993,6748,703,7247,760,5036,808,7196,458,1347,330,9216,752,3166,340,9285,888,8235,276,9235,126,5815,039,0434,431,0574,474,2614,136,7833,623,0143,251,6753,776,2753,514,9623,218,457000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,273,887
1,581,929
1,617,380
1,181,595
1,344,521
1,853,664
1,750,516
1,617,106
2,139,154
2,280,736
2,192,885
2,536,381
2,985,001
3,254,934
3,100,503
2,342,604
2,466,476
3,202,158
3,571,933
4,069,953
4,491,064
6,832,031
7,191,485
8,138,950
12,345,563
14,810,983
10,777,927
10,777,92714,810,98312,345,5638,138,9507,191,4856,832,0314,491,0644,069,9533,571,9333,202,1582,466,4762,342,6043,100,5033,254,9342,985,0012,536,3812,192,8852,280,7362,139,1541,617,1061,750,5161,853,6641,344,5211,181,5951,617,3801,581,9291,273,887000000000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,103
16,962
10,596
15,580
14,834
4,220
18,450
15,142
15,315
1,263
19,714
12,902
6,462
12,165
5,879
2,296
1,663
115
2,596
307,433
311,589
367,681
388,086
28,056
34,825
2,572
462,505
462,5052,57234,82528,056388,086367,681311,589307,4332,5961151,6632,2965,87912,1656,46212,90219,7141,26315,31515,14218,4504,22014,83415,58010,59616,96215,103000000000000000000000000000000000000000000000000000
       Net Receivables 
39,484,704,000
44,081,000,000
45,397,000,000
22,600
26,100
29,600
44,048
82,075
66,082
82,323
80,762
88,975
56,817
220,314
205,502
28,536
35,129
28,964
33,144
41,534
40,733
38,690
49,012
49,093
44,847
74,561
74,592
54,520
59,369
68,211
56,537
53,543
73,960
48,578
56,557
59,700
58,243
51,188
56,357
63,644
65,297
55,651
52,654
67,474
63,717
55,772
74,767
86,976
74,163
66,696
83,299
99,450
102,727
139,422
141,801
170,690
154,664
198,175
156,698
194,565
167,205
173,818
204,300
193,762
237,291
202,379
201,047
220,862
254,472
219,634
287,142
334,311
619,450
691,267
649,836
619,780
838,981
369,985
369,985838,981619,780649,836691,267619,450334,311287,142219,634254,472220,862201,047202,379237,291193,762204,300173,818167,205194,565156,698198,175154,664170,690141,801139,422102,72799,45083,29966,69674,16386,97674,76755,77263,71767,47452,65455,65165,29763,64456,35751,18858,24359,70056,55748,57873,96053,54356,53768,21159,36954,52074,59274,56144,84749,09349,01238,69040,73341,53433,14428,96435,12928,536205,502220,31456,81788,97580,76282,32366,08282,07544,04829,60026,10022,60045,397,000,00044,081,000,00039,484,704,000
       Other Current Assets 
11,908,791,000
12,770,000,000
17,598,000,000
29,000
30,800
31,500
55,227
38,838
66,049
40,913
41,019
30,398
520,701
16,636
19,596
30,509
36,006
34,710
26,566
32,694
32,626
38,599
41,867
43,294
57,862
40,013
52,020
293,550
47,172
30,794
59,136
55,140
59,154
33,069
66,693
41,156
37,561
30,241
40,479
32,792
33,952
21,624
37,282
44,274
48,151
31,869
46,481
30,079
32,712
35,921
69,493
64,054
77,761
100,631
68,938
7,215
135,050
197,085
2,932
2,573
5,022
6,552
20,338
6,275
6,647
438,139
19,675
38,360
23,420
19,906
17,044
247,619
317,954
107,006
33,942
12,909
54,127
68,841
68,84154,12712,90933,942107,006317,954247,61917,04419,90623,42038,36019,675438,1396,6476,27520,3386,5525,0222,5732,932197,085135,0507,21568,938100,63177,76164,05469,49335,92132,71230,07946,48131,86948,15144,27437,28221,62433,95232,79240,47930,24137,56141,15666,69333,06959,15455,14059,13630,79447,172293,55052,02040,01357,86243,29441,86738,59932,62632,69426,56634,71036,00630,50919,59616,636520,70130,39841,01940,91366,04938,83855,22731,50030,80029,00017,598,000,00012,770,000,00011,908,791,000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,167,091
9,235,588
9,288,558
9,183,952
8,859,546
8,748,400
8,385,245
8,047,138
8,018,066
8,151,535
8,464,270
9,396,601
9,615,526
10,381,218
11,247,404
16,300,553
17,335,270
18,582,099
20,688,652
54,253,708
54,253,70820,688,65218,582,09917,335,27016,300,55311,247,40410,381,2189,615,5269,396,6018,464,2708,151,5358,018,0668,047,1388,385,2458,748,4008,859,5469,183,9529,288,5589,235,5889,167,0910000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
142,585,732,000
632,032,000,000
634,598,000,000
491,700
518,000
537,300
944,334
1,062,349
1,065,742
1,043,923
1,048,124
1,039,778
751,152
741,674
731,076
744,344
766,373
790,603
812,462
1,040,667
1,048,783
1,079,694
1,081,841
1,099,451
1,126,241
1,193,891
1,170,180
1,087,023
1,096,716
1,118,881
1,110,506
1,131,018
1,141,069
1,142,342
1,142,047
1,171,246
1,199,819
1,233,665
1,219,310
1,232,996
1,254,215
1,287,301
1,271,529
1,273,179
1,288,683
1,308,346
1,318,455
1,227,768
1,232,386
1,268,333
3,070,582
3,068,246
3,054,177
3,740,288
3,736,988
3,820,640
3,768,874
3,863,042
6,637,876
6,714,283
6,783,558
6,690,406
6,286,621
6,148,261
5,765,852
5,562,488
5,500,999
5,608,562
5,930,488
6,535,892
6,723,648
7,324,412
8,110,805
11,320,308
12,255,907
13,035,311
15,072,780
37,552,546
37,552,54615,072,78013,035,31112,255,90711,320,3088,110,8057,324,4126,723,6486,535,8925,930,4885,608,5625,500,9995,562,4885,765,8526,148,2616,286,6216,690,4066,783,5586,714,2836,637,8763,863,0423,768,8743,820,6403,736,9883,740,2883,054,1773,068,2463,070,5821,268,3331,232,3861,227,7681,318,4551,308,3461,288,6831,273,1791,271,5291,287,3011,254,2151,232,9961,219,3101,233,6651,199,8191,171,2461,142,0471,142,3421,141,0691,131,0181,110,5061,118,8811,096,7161,087,0231,170,1801,193,8911,126,2411,099,4511,081,8411,079,6941,048,7831,040,667812,462790,603766,373744,344731,076741,674751,1521,039,7781,048,1241,043,9231,065,7421,062,349944,334537,300518,000491,700634,598,000,000632,032,000,000142,585,732,000
       Goodwill 
0
3,878,000,000
0
2,100
2,200
2,200
173,218
173,218
237,937
235,480
235,480
234,757
234,757
234,466
234,466
234,466
234,466
234,466
234,466
2,239,210
2,239,210
2,239,210
2,239,210
2,239,210
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,251,427
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,252,992
2,408,218
2,403,242
2,341,178
2,341,178
2,341,178
2,341,178
13,693,582
13,693,5822,341,1782,341,1782,341,1782,341,1782,403,2422,408,2182,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,252,9922,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,251,4272,239,2102,239,2102,239,2102,239,2102,239,210234,466234,466234,466234,466234,466234,466234,757234,757235,480235,480237,937173,218173,2182,2002,2002,10003,878,000,0000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,329
1,212
1,165
1,165
1,165
1,165
1,165
1,165
1,165
1,165
4,415
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000004,4151,1651,1651,1651,1651,1651,1651,1651,1651,2121,329000000000000000000000000000000000000000000000000000
       Intangible Assets 
102,185,072,000
6,341,000,000
2,516,000,000
4,800
5,000
5,300
353,758
353,804
418,168
416,303
415,984
415,418
414,566
414,092
414,258
414,435
424,524
425,241
425,290
2,554,618
2,551,761
2,550,949
2,548,783
2,547,123
2,556,171
2,556,213
2,554,613
2,502,830
2,500,642
2,501,697
2,499,073
2,499,450
2,498,667
2,499,937
2,498,047
2,498,625
2,497,120
2,501,008
2,501,567
2,500,432
2,498,424
2,500,844
2,501,461
2,519,190
2,410,462
2,336,116
2,337,529
2,345,913
2,343,809
2,360,030
2,405,673
2,405,624
2,409,175
2,413,679
2,412,600
204,115
219,978
226,250
220,098
207,198
197,653
192,833
184,686
172,732
171,104
186,679
192,619
204,059
202,976
209,019
195,712
203,475
201,606
229,196
202,573
261,083
450,071
1,078,672
1,078,672450,071261,083202,573229,196201,606203,475195,712209,019202,976204,059192,619186,679171,104172,732184,686192,833197,653207,198220,098226,250219,978204,1152,412,6002,413,6792,409,1752,405,6242,405,6732,360,0302,343,8092,345,9132,337,5292,336,1162,410,4622,519,1902,501,4612,500,8442,498,4242,500,4322,501,5672,501,0082,497,1202,498,6252,498,0472,499,9372,498,6672,499,4502,499,0732,501,6972,500,6422,502,8302,554,6132,556,2132,556,1712,547,1232,548,7832,550,9492,551,7612,554,618425,290425,241424,524414,435414,258414,092414,566415,418415,984416,303418,168353,804353,7585,3005,0004,8002,516,000,0006,341,000,000102,185,072,000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1
9,235,588
9,288,558
9,183,952
8,859,546
0
0
0
1
0
0
0
-20,566
0
0
0
0
0
0
0
0000000-20,56600010008,859,5469,183,9529,288,5589,235,588-10000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
317,792,000,000
524,844,000,000
530,991,000,000
517,100
533,000
783,100
1,508,683
1,735,804
1,796,162
1,866,963
1,768,640
1,746,009
1,806,039
1,360,392
1,123,660
1,171,326
1,293,824
1,271,872
1,224,372
1,406,834
4,132,697
4,146,598
4,027,734
3,912,914
4,081,505
4,220,192
4,268,572
4,565,437
4,440,893
4,285,257
4,207,214
4,168,754
4,394,031
4,362,269
4,209,720
4,647,618
4,957,748
4,966,411
5,080,081
4,951,246
5,069,783
4,674,329
4,739,232
5,068,951
5,567,273
5,244,731
5,320,834
5,557,821
5,700,631
6,096,249
7,394,804
7,855,519
8,247,677
8,775,527
8,502,766
9,291,002
10,561,051
10,249,771
13,186,833
14,009,194
13,959,924
14,138,007
14,586,502
15,036,796
15,039,163
15,344,598
14,442,136
14,945,239
16,054,244
17,564,261
8,955,219
22,742,102
26,413,031
32,334,117
35,601,827
40,864,616
47,787,756
55,875,344
55,875,34447,787,75640,864,61635,601,82732,334,11726,413,03122,742,1028,955,21917,564,26116,054,24414,945,23914,442,13615,344,59815,039,16315,036,79614,586,50214,138,00713,959,92414,009,19413,186,83310,249,77110,561,0519,291,0028,502,7668,775,5278,247,6777,855,5197,394,8046,096,2495,700,6315,557,8215,320,8345,244,7315,567,2735,068,9514,739,2324,674,3295,069,7834,951,2465,080,0814,966,4114,957,7484,647,6184,209,7204,362,2694,394,0314,168,7544,207,2144,285,2574,440,8934,565,4374,268,5724,220,1924,081,5053,912,9144,027,7344,146,5984,132,6971,406,8341,224,3721,271,8721,293,8241,171,3261,123,6601,360,3921,806,0391,746,0091,768,6401,866,9631,796,1621,735,8041,508,683783,100533,000517,100530,991,000,000524,844,000,000317,792,000,000
   > Total Current Liabilities 
271,081,260,000
389,886,000,000
397,729,000,000
343,000
358,600
398,200
864,985
1,003,662
1,104,501
1,263,465
1,171,798
1,214,694
1,474,083
1,180,047
1,011,555
1,086,330
1,214,566
1,191,953
1,150,503
1,222,626
1,385,012
1,443,242
1,443,932
1,518,621
1,621,011
1,717,981
1,619,680
1,790,922
1,640,816
1,578,694
1,583,395
1,644,320
1,826,161
1,875,140
1,755,314
2,195,823
2,288,493
2,360,669
2,414,479
2,615,417
2,727,111
2,715,930
2,771,045
2,599,327
2,787,710
2,725,671
2,737,252
3,068,212
3,069,694
3,320,760
4,376,410
4,922,065
5,131,464
5,516,096
4,988,597
5,778,314
6,180,287
6,674,919
6,695,293
7,416,339
7,447,810
7,544,018
8,018,105
8,975,960
9,401,689
10,402,951
10,226,178
10,876,030
11,818,160
13,108,998
15,017,102
17,969,511
21,252,807
26,010,277
29,698,989
34,142,387
40,375,873
44,895,539
44,895,53940,375,87334,142,38729,698,98926,010,27721,252,80717,969,51115,017,10213,108,99811,818,16010,876,03010,226,17810,402,9519,401,6898,975,9608,018,1057,544,0187,447,8107,416,3396,695,2936,674,9196,180,2875,778,3144,988,5975,516,0965,131,4644,922,0654,376,4103,320,7603,069,6943,068,2122,737,2522,725,6712,787,7102,599,3272,771,0452,715,9302,727,1112,615,4172,414,4792,360,6692,288,4932,195,8231,755,3141,875,1401,826,1611,644,3201,583,3951,578,6941,640,8161,790,9221,619,6801,717,9811,621,0111,518,6211,443,9321,443,2421,385,0121,222,6261,150,5031,191,9531,214,5661,086,3301,011,5551,180,0471,474,0831,214,6941,171,7981,263,4651,104,5011,003,662864,985398,200358,600343,000397,729,000,000389,886,000,000271,081,260,000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,598,847
392,291
468,718
139,002
286,011
400,396
706,655
971,494
1,204,325
819,356
962,854
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000962,854819,3561,204,325971,494706,655400,396286,011139,002468,718392,2913,598,847000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,598,847
392,291
468,718
139,002
286,011
400,396
706,655
971,494
1,204,325
819,356
967,049
969,940
1,307,472
1,299,176
1,560,324
1,365,710
1,422,427
1,343,150
1,288,473
1,581,161
1,342,478
1,344,849
1,234,025
1,465,760
1,713,272
1,549,608
1,152,755
1,152,7551,549,6081,713,2721,465,7601,234,0251,344,8491,342,4781,581,1611,288,4731,343,1501,422,4271,365,7101,560,3241,299,1761,307,472969,940967,049819,3561,204,325971,494706,655400,396286,011139,002468,718392,2913,598,847000000000000000000000000000000000000000000000000000
       Accounts payable 
232,947,668,000
311,767,000,000
311,840,000,000
268,700
282,900
315,900
626,977
687,292
747,170
941,081
839,212
828,834
761,585
871,489
762,933
914,871
1,053,695
1,049,006
1,017,675
1,061,237
1,186,233
1,240,576
1,194,160
1,265,521
1,356,109
1,463,546
1,321,294
1,462,065
1,347,416
1,387,042
1,344,452
1,448,565
1,580,444
1,538,112
1,512,623
1,794,797
1,834,921
1,685,963
1,695,496
1,955,486
2,002,467
1,896,387
1,917,568
2,160,121
2,290,530
2,212,036
2,221,691
2,549,252
2,563,581
2,635,060
3,025,543
3,462,568
3,629,391
3,910,241
3,712,637
4,308,257
4,695,666
4,771,960
4,731,792
5,180,366
5,583,734
5,631,858
6,022,932
6,313,249
6,736,290
7,195,039
7,340,808
7,926,819
8,830,800
9,011,295
11,429,851
13,871,733
16,714,450
20,614,677
23,187,203
27,403,554
33,463,727
37,390,443
37,390,44333,463,72727,403,55423,187,20320,614,67716,714,45013,871,73311,429,8519,011,2958,830,8007,926,8197,340,8087,195,0396,736,2906,313,2496,022,9325,631,8585,583,7345,180,3664,731,7924,771,9604,695,6664,308,2573,712,6373,910,2413,629,3913,462,5683,025,5432,635,0602,563,5812,549,2522,221,6912,212,0362,290,5302,160,1211,917,5681,896,3872,002,4671,955,4861,695,4961,685,9631,834,9211,794,7971,512,6231,538,1121,580,4441,448,5651,344,4521,387,0421,347,4161,462,0651,321,2941,463,5461,356,1091,265,5211,194,1601,240,5761,186,2331,061,2371,017,6751,049,0061,053,695914,871762,933871,489761,585828,834839,212941,081747,170687,292626,977315,900282,900268,700311,840,000,000311,767,000,000232,947,668,000
       Other Current Liabilities 
31,501,628,000
52,720,000,000
49,965,000,000
53,300
47,900
52,500
132,663
148,786
197,799
142,346
170,983
202,075
577,780
190,730
160,324
106,227
118,655
98,923
83,882
118,494
124,014
128,164
156,259
203,155
191,769
193,313
199,338
231,912
239,255
177,856
188,519
185,197
203,047
190,767
207,433
185,545
186,818
182,733
181,575
176,406
210,425
249,580
255,967
263,177
291,326
300,725
297,413
321,304
297,264
345,175
491,277
557,649
541,099
567,818
465,341
236,313
219,725
229,312
260,873
136,407
96,438
270,641
430,958
607,610
605,861
340,952
392,295
406,579
434,023
814,604
529,688
660,756
768,681
542,293
241,241
1,258,420
264,550
0
0264,5501,258,420241,241542,293768,681660,756529,688814,604434,023406,579392,295340,952605,861607,610430,958270,64196,438136,407260,873229,312219,725236,313465,341567,818541,099557,649491,277345,175297,264321,304297,413300,725291,326263,177255,967249,580210,425176,406181,575182,733186,818185,545207,433190,767203,047185,197188,519177,856239,255231,912199,338193,313191,769203,155156,259128,164124,014118,49483,88298,923118,655106,227160,324190,730577,780202,075170,983142,346197,799148,786132,66352,50047,90053,30049,965,000,00052,720,000,00031,501,628,000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,491,540
6,592,855
6,512,114
6,593,989
6,568,397
6,060,836
5,637,474
4,941,647
4,215,958
4,069,209
4,236,084
4,455,263
-6,061,883
4,772,591
5,160,224
6,323,840
5,902,838
6,722,229
7,411,883
10,979,805
10,979,8057,411,8836,722,2295,902,8386,323,8405,160,2244,772,591-6,061,8834,455,2634,236,0844,069,2094,215,9584,941,6475,637,4746,060,8366,568,3976,593,9896,512,1146,592,8556,491,5400000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
7,744,000,000
9,128,000,000
8,700
9,000
9,600
26,226
27,108
26,067
23,994
24,747
23,303
17,074
17,667
19,210
19,274
19,300
19,898
21,452
44,785
114,457
83,828
95,752
70,625
73,852
55,936
52,094
31,770
34,656
27,463
30,320
23,756
32,696
40,401
41,605
47,561
49,588
50,317
54,269
58,336
61,909
60,362
66,774
67,561
68,957
68,314
79,764
84,072
84,306
87,278
116,078
133,191
137,305
129,031
139,399
402,570
193,371
233,845
183,830
200,346
224,210
265,652
260,095
276,396
271,971
325,008
343,733
352,621
355,965
420,158
536,994
467,275
482,243
1,311,591
0
0
0
0
00001,311,591482,243467,275536,994420,158355,965352,621343,733325,008271,971276,396260,095265,652224,210200,346183,830233,845193,371402,570139,399129,031137,305133,191116,07887,27884,30684,07279,76468,31468,95767,56166,77460,36261,90958,33654,26950,31749,58847,56141,60540,40132,69623,75630,32027,46334,65631,77052,09455,93673,85270,62595,75283,828114,45744,78521,45219,89819,30019,27419,21017,66717,07423,30324,74723,99426,06727,10826,2269,6009,0008,7009,128,000,0007,744,000,0000
> Total Stockholder Equity
253,963,000,000
535,023,000,000
581,578,000,000
470,300
486,400
493,500
729,413
828,622
912,686
922,770
918,825
956,376
1,011,088
1,469,068
1,526,777
1,452,830
1,538,607
1,623,997
1,680,442
3,989,851
1,479,097
1,495,408
1,558,443
1,435,910
1,400,748
1,346,647
1,214,747
1,022,299
1,127,444
1,195,231
1,250,359
1,322,051
1,304,186
1,261,554
1,296,376
1,147,484
974,812
829,533
754,449
853,017
893,645
918,612
935,864
818,394
450,427
515,342
485,673
462,578
463,436
240,335
1,106,329
992,429
918,981
1,470,494
1,234,079
963,190
256,362
632,904
409,644
263,865
453,731
321,203
159,926
50,480
95,954
31,061
34,064
15,015
170,529
536,064
636,282
1,185,977
1,986,596
4,045,688
4,634,811
5,839,964
8,019,573
36,024,318
36,024,3188,019,5735,839,9644,634,8114,045,6881,986,5961,185,977636,282536,064170,52915,01534,06431,06195,95450,480159,926321,203453,731263,865409,644632,904256,362963,1901,234,0791,470,494918,981992,4291,106,329240,335463,436462,578485,673515,342450,427818,394935,864918,612893,645853,017754,449829,533974,8121,147,4841,296,3761,261,5541,304,1861,322,0511,250,3591,195,2311,127,4441,022,2991,214,7471,346,6471,400,7481,435,9101,558,4431,495,4081,479,0973,989,8511,680,4421,623,9971,538,6071,452,8301,526,7771,469,0681,011,088956,376918,825922,770912,686828,622729,413493,500486,400470,300581,578,000,000535,023,000,000253,963,000,000
   Common Stock
0
53,175,000,000
137,700,000,000
100,500
102,700
102,700
137,700
158,355
176,267
176,267
176,267
176,267
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
178,030
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
181,054
0
0
0
0
0000181,054181,054181,054181,054181,054181,054181,054181,054181,054181,054181,054181,054181,054181,054181,054181,054181,054181,054178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030178,030176,267176,267176,267176,267158,355137,700102,700102,700100,500137,700,000,00053,175,000,0000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000-125,43500000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52,423
49,462
807,274
807,229
824,020
856,246
832,392
834,789
716,669
702,850
835,733
781,225
668,805
675,782
683,927
445,876
423,684
421,675
785,825
788,979
770,843
770,296
2,187,073
0
0
0
0
00002,187,073770,296770,843788,979785,825421,675423,684445,876683,927675,782668,805781,225835,733702,850716,669834,789832,392856,246824,020807,229807,27449,46252,423000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in TRY. All numbers in thousands.