25 XP   0   0   10

TAV Havalimanlari Holding
Buy, Hold or Sell?

Let's analyse TAV Havalimanlari Holding together

PenkeI guess you are interested in TAV Havalimanlari Holding. 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 TAV Havalimanlari Holding. 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.

Get notifications about TAV Havalimanlari Holding

I send you an email if I find something interesting about TAV Havalimanlari Holding.

Quick analysis of TAV Havalimanlari Holding (30 sec.)










What can you expect buying and holding a share of TAV Havalimanlari Holding? (30 sec.)

How much money do you get?

How much money do you get?
₺0.02
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
₺139.76
Expected worth in 1 year
₺166.44
How sure are you?
77.5%

+ What do you gain per year?

Total Gains per Share
₺27.48
Return On Investment
11.3%

For what price can you sell your share?

Current Price per Share
₺244.00
Expected price per share
₺188.70 - ₺
How sure are you?
50%

1. Valuation of TAV Havalimanlari Holding (5 min.)




Live pricePrice per Share (EOD)

₺244.00

Intrinsic Value Per Share

₺-573.60 - ₺-692.14

Total Value Per Share

₺-433.84 - ₺-552.38

2. Growth of TAV Havalimanlari Holding (5 min.)




Is TAV Havalimanlari Holding growing?

Current yearPrevious yearGrowGrow %
How rich?$1.5b$1.3b$164.7m11.1%

How much money is TAV Havalimanlari Holding making?

Current yearPrevious yearGrowGrow %
Making money$82.1m$26.6m$55.4m67.6%
Net Profit Margin20.2%7.1%--

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

3. Financial Health of TAV Havalimanlari Holding (5 min.)




4. Comparing to competitors in the Airports & Air Services industry (5 min.)




  Industry Rankings (Airports & Air Services)  


Richest
#15 / 47

Most Revenue
#17 / 47

What can you expect buying and holding a share of TAV Havalimanlari Holding? (5 min.)

Welcome investor! TAV Havalimanlari Holding's management wants to use your money to grow the business. In return you get a share of TAV Havalimanlari Holding.

What can you expect buying and holding a share of TAV Havalimanlari Holding?

First you should know what it really means to hold a share of TAV Havalimanlari Holding. And how you can make/lose money.

Speculation

The Price per Share of TAV Havalimanlari Holding is ₺244.00. 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 TAV Havalimanlari Holding.
  • 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 TAV Havalimanlari Holding, 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 ₺139.76. Based on the TTM, the Book Value Change Per Share is ₺6.67 per quarter. Based on the YOY, the Book Value Change Per Share is ₺3.96 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 ₺0.20 per quarter.
Based on historical numbers we can estimate the returns while holding a share of TAV Havalimanlari Holding.

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 Eps0.030.0%0.230.1%1.630.7%0.350.1%0.250.1%
Usd Book Value Change Per Share0.090.0%0.210.1%0.120.1%0.080.0%0.070.0%
Usd Dividend Per Share0.000.0%0.010.0%0.010.0%0.020.0%0.140.1%
Usd Total Gains Per Share0.090.0%0.210.1%0.130.1%0.100.0%0.210.1%
Usd Price Per Share5.69-3.96-2.18-1.69-1.15-
Price to Earnings Ratio53.68-16.44-1.13-3.22-2.57-
Price-to-Total Gains Ratio61.29-73.12--5.24-17.56--51.57-
Price to Book Ratio1.31-0.96-0.60-0.46-0.36-
Price-to-Total Gains Ratio61.29-73.12--5.24-17.56--51.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share7.5884
Number of shares131
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.02
Usd Book Value Change Per Share0.210.08
Usd Total Gains Per Share0.210.10
Gains per Quarter (131 shares)27.9813.18
Gains per Year (131 shares)111.9452.72
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13109102124143
27217214248296
31032632635123149
41343543847164202
51654355059205255
62065266271245308
72376177483286361
82686988694327414
929978998106368467
103310871110118409520

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%8.04.00.066.7%12.08.00.060.0%32.08.00.080.0%54.08.010.075.0%
Book Value Change Per Share4.00.00.0100.0%8.04.00.066.7%12.08.00.060.0%26.014.00.065.0%45.026.01.062.5%
Dividend per Share2.00.02.050.0%9.00.03.075.0%17.00.03.085.0%36.00.04.090.0%43.00.029.059.7%
Total Gains per Share4.00.00.0100.0%8.04.00.066.7%12.08.00.060.0%31.09.00.077.5%52.019.01.072.2%

Fundamentals of TAV Havalimanlari Holding

About TAV Havalimanlari Holding

TAV Havalimanlari Holding A.S., together with its subsidiaries, constructs terminal buildings, and manages and operates terminals or airports in Turkey, Kazakhstan, Georgia, Qatar, Macedonia, Macedonia, Latvia, Croatia, Tunisia, Oman, Saudi Arabia, Spain, and internationally. It operates through Terminal Operations, Catering Operations, Duty Free Operations, Ground Handling and Bus Operations, and Other segments. The Terminal Operations segment operates terminal buildings, car parks, and general aviation terminals. This segment also engages in the ground handling operations, as well as operation of parking-apron-taxi ways. The Catering Operations segment manages food and beverage operations of the terminal for passengers and the terminal personnel. The Duty Free Operations segment sells duty free goods for the international arriving and departing passengers. The Ground Handling and Bus Operations segment offers traffic, ramp, flight operation, cargo, and various other ground handling services for domestic and international flights; and operates buses. The Other segment provides lounge, IT, security and education, and airline taxi services. It also provides software and system services. The company was formerly known as Tepe Akfen Vie Yatirim Yapim ve Isletme A.S. and changed its name to TAV Havalimanlari Holding A.S. in August 2006. TAV Havalimanlari Holding A.S. was founded in 1997 and is headquartered in Istanbul, Turkey.

Fundamental data was last updated by Penke on 2024-05-20 07:44:05.

Financial Health

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

Valuation

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

1.1. Profitability of TAV Havalimanlari Holding.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit TAV Havalimanlari Holding earns for each ₤1 of revenue.

  • Above 10% is considered healthy but always compare TAV Havalimanlari Holding to the Airports & Air Services industry mean.
  • A Net Profit Margin of 2.8% means that ₤0.03 for each ₤1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of TAV Havalimanlari Holding:

  • The MRQ is 2.8%. The company is making a profit. +1
  • The TTM is 20.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ2.8%TTM20.2%-17.4%
TTM20.2%YOY7.1%+13.1%
TTM20.2%5Y-12.3%+32.5%
5Y-12.3%10Y2.7%-15.0%
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%8.1%-5.3%
TTM20.2%8.7%+11.5%
YOY7.1%6.4%+0.7%
5Y-12.3%-3.0%-9.3%
10Y2.7%4.6%-1.9%
1.1.2. Return on Assets

Shows how efficient TAV Havalimanlari Holding is using its assets to generate profit.

  • Above 5% is considered healthy but always compare TAV Havalimanlari Holding to the Airports & Air Services industry mean.
  • 0.2% Return on Assets means that TAV Havalimanlari Holding generated ₤0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of TAV Havalimanlari Holding:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.2%TTM1.6%-1.4%
TTM1.6%YOY0.6%+1.1%
TTM1.6%5Y0.5%+1.1%
5Y0.5%10Y1.1%-0.6%
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.7%-0.5%
TTM1.6%1.4%+0.2%
YOY0.6%0.6%0.0%
5Y0.5%0.7%-0.2%
10Y1.1%1.2%-0.1%
1.1.3. Return on Equity

Shows how efficient TAV Havalimanlari Holding is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare TAV Havalimanlari Holding to the Airports & Air Services industry mean.
  • 0.6% Return on Equity means TAV Havalimanlari Holding generated ₤0.01 for each ₤1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of TAV Havalimanlari Holding:

  • The MRQ is 0.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 5.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.6%TTM5.6%-5.0%
TTM5.6%YOY1.9%+3.6%
TTM5.6%5Y1.6%+4.0%
5Y1.6%10Y3.9%-2.3%
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%2.4%-1.8%
TTM5.6%3.0%+2.6%
YOY1.9%2.1%-0.2%
5Y1.6%1.6%0.0%
10Y3.9%2.7%+1.2%

1.2. Operating Efficiency of TAV Havalimanlari Holding.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient TAV Havalimanlari Holding is operating .

  • Measures how much profit TAV Havalimanlari Holding 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 TAV Havalimanlari Holding to the Airports & Air Services 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 TAV Havalimanlari Holding:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY258.6%-258.6%
TTM-5Y65.9%-65.9%
5Y65.9%10Y39.8%+26.1%
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-14.5%-14.5%
TTM-12.8%-12.8%
YOY258.6%10.3%+248.3%
5Y65.9%2.4%+63.5%
10Y39.8%8.5%+31.3%
1.2.2. Operating Ratio

Measures how efficient TAV Havalimanlari Holding is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Airports & Air Services industry mean).
  • An Operation Ratio of 1.52 means that the operating costs are ₤1.52 for each ₤1 in net sales.

Let's take a look of the Operating Ratio trends of TAV Havalimanlari Holding:

  • The MRQ is 1.523. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.413. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.523TTM1.413+0.109
TTM1.413YOY1.357+0.056
TTM1.4135Y1.452-0.039
5Y1.45210Y1.049+0.403
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5231.230+0.293
TTM1.4131.035+0.378
YOY1.3571.129+0.228
5Y1.4521.166+0.286
10Y1.0491.065-0.016

1.3. Liquidity of TAV Havalimanlari Holding.

1.3. Liquidity
1.3.1. Current Ratio

Measures if TAV Havalimanlari Holding is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Airports & Air Services industry mean).
  • A Current Ratio of 1.10 means the company has ₤1.10 in assets for each ₤1 in short-term debts.

Let's take a look of the Current Ratio trends of TAV Havalimanlari Holding:

  • The MRQ is 1.102. The company is just able to pay all its short-term debts.
  • The TTM is 1.097. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.102TTM1.097+0.006
TTM1.097YOY1.049+0.048
TTM1.0975Y1.167-0.070
5Y1.16710Y0.768+0.399
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1021.283-0.181
TTM1.0971.201-0.104
YOY1.0491.258-0.209
5Y1.1671.500-0.333
10Y0.7681.249-0.481
1.3.2. Quick Ratio

Measures if TAV Havalimanlari Holding is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare TAV Havalimanlari Holding to the Airports & Air Services industry mean.
  • A Quick Ratio of 0.23 means the company can pay off ₤0.23 for each ₤1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of TAV Havalimanlari Holding:

  • The MRQ is 0.231. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.251. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.231TTM0.251-0.020
TTM0.251YOY0.282-0.031
TTM0.2515Y0.297-0.046
5Y0.29710Y0.282+0.015
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2310.581-0.350
TTM0.2510.618-0.367
YOY0.2820.691-0.409
5Y0.2971.018-0.721
10Y0.2820.914-0.632

1.4. Solvency of TAV Havalimanlari Holding.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of TAV Havalimanlari Holding assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare TAV Havalimanlari Holding to Airports & Air Services industry mean.
  • A Debt to Asset Ratio of 0.70 means that TAV Havalimanlari Holding assets are financed with 69.5% credit (debt) and the remaining percentage (100% - 69.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of TAV Havalimanlari Holding:

  • The MRQ is 0.695. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.706. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.695TTM0.706-0.011
TTM0.706YOY0.714-0.008
TTM0.7065Y0.708-0.002
5Y0.70810Y0.719-0.011
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6950.559+0.136
TTM0.7060.560+0.146
YOY0.7140.573+0.141
5Y0.7080.520+0.188
10Y0.7190.487+0.232
1.4.2. Debt to Equity Ratio

Measures if TAV Havalimanlari Holding is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare TAV Havalimanlari Holding to the Airports & Air Services industry mean.
  • A Debt to Equity ratio of 230.8% means that company has ₤2.31 debt for each ₤1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of TAV Havalimanlari Holding:

  • The MRQ is 2.308. The company is just not able to pay all its debts with equity.
  • The TTM is 2.439. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.308TTM2.439-0.131
TTM2.439YOY2.543-0.104
TTM2.4395Y2.465-0.026
5Y2.46510Y2.604-0.138
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3081.226+1.082
TTM2.4391.243+1.196
YOY2.5431.071+1.472
5Y2.4651.266+1.199
10Y2.6041.232+1.372

2. Market Valuation of TAV Havalimanlari Holding

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 TAV Havalimanlari Holding generates.

  • Above 15 is considered overpriced but always compare TAV Havalimanlari Holding to the Airports & Air Services industry mean.
  • A PE ratio of 53.68 means the investor is paying ₤53.68 for every ₤1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of TAV Havalimanlari Holding:

  • The EOD is 71.538. Based on the earnings, the company is expensive. -2
  • The MRQ is 53.683. Based on the earnings, the company is expensive. -2
  • The TTM is 16.437. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD71.538MRQ53.683+17.855
MRQ53.683TTM16.437+37.246
TTM16.437YOY1.134+15.303
TTM16.4375Y3.216+13.221
5Y3.21610Y2.568+0.648
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
EOD71.53819.260+52.278
MRQ53.68316.702+36.981
TTM16.43715.592+0.845
YOY1.1347.448-6.314
5Y3.2168.147-4.931
10Y2.56820.832-18.264
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of TAV Havalimanlari Holding:

  • The EOD is -24.729. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -18.557. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.100. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-24.729MRQ-18.557-6.172
MRQ-18.557TTM-1.100-17.457
TTM-1.100YOY2.851-3.951
TTM-1.1005Y-6.312+5.212
5Y-6.31210Y-3.156-3.156
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
EOD-24.7298.181-32.910
MRQ-18.5577.960-26.517
TTM-1.1006.373-7.473
YOY2.8515.739-2.888
5Y-6.3121.341-7.653
10Y-3.1562.347-5.503
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of TAV Havalimanlari Holding is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Airports & Air Services industry mean).
  • A PB ratio of 1.31 means the investor is paying ₤1.31 for each ₤1 in book value.

Let's take a look of the Price to Book Ratio trends of TAV Havalimanlari Holding:

  • The EOD is 1.746. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.310. Based on the equity, the company is underpriced. +1
  • The TTM is 0.962. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.746MRQ1.310+0.436
MRQ1.310TTM0.962+0.348
TTM0.962YOY0.600+0.362
TTM0.9625Y0.461+0.501
5Y0.46110Y0.357+0.104
Compared to industry (Airports & Air Services)
PeriodCompanyIndustry (mean)+/- 
EOD1.7462.299-0.553
MRQ1.3102.037-0.727
TTM0.9622.143-1.181
YOY0.6002.170-1.570
5Y0.4612.178-1.717
10Y0.3572.597-2.240
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of TAV Havalimanlari Holding 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--2.9886.669-55%3.957-25%2.511+19%2.136+40%
Book Value Per Share--139.760131.218+7%116.633+20%110.146+27%94.040+49%
Current Ratio--1.1021.097+1%1.049+5%1.167-6%0.768+44%
Debt To Asset Ratio--0.6950.706-2%0.714-3%0.708-2%0.719-3%
Debt To Equity Ratio--2.3082.439-5%2.543-9%2.465-6%2.604-11%
Dividend Per Share---0.200-100%0.236-100%0.724-100%4.570-100%
Eps--0.8537.270-88%52.458-98%11.296-92%8.017-89%
Free Cash Flow Per Share---2.467-1.067-57%0.001-223332%0.811-404%0.811-404%
Free Cash Flow To Equity Per Share---2.467-1.067-57%1.450-270%2.595-195%2.595-195%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---692.138--------
Intrinsic Value_10Y_min---573.596--------
Intrinsic Value_1Y_max---8.103--------
Intrinsic Value_1Y_min---7.923--------
Intrinsic Value_3Y_max---71.030--------
Intrinsic Value_3Y_min---66.869--------
Intrinsic Value_5Y_max---190.237--------
Intrinsic Value_5Y_min---172.556--------
Market Cap88640562048.000+25%66516796875.00046250244140.625+44%25439664433.830+161%19718902072.851+237%13442854741.514+395%
Net Profit Margin--0.0280.202-86%0.071-61%-0.123+542%0.027+1%
Operating Margin----0%2.586-100%0.659-100%0.398-100%
Operating Ratio--1.5231.413+8%1.357+12%1.452+5%1.049+45%
Pb Ratio1.746+25%1.3100.962+36%0.600+118%0.461+184%0.357+267%
Pe Ratio71.538+25%53.68316.437+227%1.134+4634%3.216+1569%2.568+1991%
Price Per Share244.000+25%183.100127.313+44%70.028+161%54.280+237%37.004+395%
Price To Free Cash Flow Ratio-24.729-33%-18.557-1.100-94%2.851-751%-6.312-66%-3.156-83%
Price To Total Gains Ratio81.670+25%61.28673.117-16%-5.237+109%17.561+249%-51.572+184%
Quick Ratio--0.2310.251-8%0.282-18%0.297-22%0.282-18%
Return On Assets--0.0020.016-89%0.006-68%0.005-65%0.011-83%
Return On Equity--0.0060.056-89%0.019-68%0.016-61%0.039-84%
Total Gains Per Share--2.9886.869-57%4.194-29%3.235-8%6.706-55%
Usd Book Value--1579012580.1751482511944.439+7%1317727038.320+20%1244430657.875+27%1062471087.569+49%
Usd Book Value Change Per Share--0.0930.207-55%0.123-25%0.078+19%0.066+40%
Usd Book Value Per Share--4.3474.081+7%3.627+20%3.426+27%2.925+49%
Usd Dividend Per Share---0.006-100%0.007-100%0.023-100%0.142-100%
Usd Eps--0.0270.226-88%1.631-98%0.351-92%0.249-89%
Usd Free Cash Flow---27868897.850-12053845.385-57%12457.915-223804%7791017.643-458%3895508.822-815%
Usd Free Cash Flow Per Share---0.077-0.033-57%0.000-223332%0.025-404%0.025-404%
Usd Free Cash Flow To Equity Per Share---0.077-0.033-57%0.045-270%0.081-195%0.081-195%
Usd Market Cap2756721479.693+25%2068672382.8131438382592.773+44%791173563.892+161%613257854.466+237%418072782.461+395%
Usd Price Per Share7.588+25%5.6943.959+44%2.178+161%1.688+237%1.151+395%
Usd Profit--9633759.95482141805.223-88%26651813.704-64%25538659.088-62%39520481.667-76%
Usd Revenue--347478336.097373583084.832-7%312316412.221+11%220267946.624+58%256176535.151+36%
Usd Total Gains Per Share--0.0930.214-57%0.130-29%0.101-8%0.209-55%
 EOD+5 -3MRQTTM+10 -24YOY+12 -235Y+14 -2110Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of TAV Havalimanlari Holding based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1571.538
Price to Book Ratio (EOD)Between0-11.746
Net Profit Margin (MRQ)Greater than00.028
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.231
Current Ratio (MRQ)Greater than11.102
Debt to Asset Ratio (MRQ)Less than10.695
Debt to Equity Ratio (MRQ)Less than12.308
Return on Equity (MRQ)Greater than0.150.006
Return on Assets (MRQ)Greater than0.050.002
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of TAV Havalimanlari Holding based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5076.985
Ma 20Greater thanMa 50224.345
Ma 50Greater thanMa 100197.700
Ma 100Greater thanMa 200170.002
OpenGreater thanClose237.200
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets4,780,611
Total Liabilities3,323,012
Total Stockholder Equity1,440,084
 As reported
Total Liabilities 3,323,012
Total Stockholder Equity+ 1,440,084
Total Assets = 4,780,611

Assets

Total Assets4,780,611
Total Current Assets940,390
Long-term Assets3,840,221
Total Current Assets
Cash And Cash Equivalents 450,101
Short-term Investments 84,973
Net Receivables 111,749
Inventory 40,739
Total Current Assets  (as reported)940,390
Total Current Assets  (calculated)687,562
+/- 252,828
Long-term Assets
Property Plant Equipment 853,883
Goodwill 221,409
Intangible Assets 1,585,350
Long-term Assets  (as reported)3,840,221
Long-term Assets  (calculated)2,660,642
+/- 1,179,579

Liabilities & Shareholders' Equity

Total Current Liabilities853,026
Long-term Liabilities2,469,986
Total Stockholder Equity1,440,084
Total Current Liabilities
Short Long Term Debt 498,240
Accounts payable 59,666
Other Current Liabilities 39,622
Total Current Liabilities  (as reported)853,026
Total Current Liabilities  (calculated)597,528
+/- 255,498
Long-term Liabilities
Long term Debt 1,656,052
Capital Lease Obligations Min Short Term Debt109,500
Long-term Liabilities Other 72,716
Long-term Liabilities  (as reported)2,469,986
Long-term Liabilities  (calculated)1,838,268
+/- 631,718
Total Stockholder Equity
Retained Earnings 1,003,813
Total Stockholder Equity (as reported)1,440,084
Total Stockholder Equity (calculated)1,003,813
+/- 436,271
Other
Capital Stock162,384
Common Stock Shares Outstanding 363,281
Net Debt 1,704,191
Net Invested Capital 3,594,376
Net Working Capital 87,364
Property Plant and Equipment Gross 853,883



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-03-312005-12-312004-12-312003-12-31
> Total Assets 
272,255
270,670
1,149,143
0
1,259,430
1,356,213
1,304,672
1,309,289
1,316,462
1,481,967
1,352,321
1,455,049
1,598,527
1,630,890
1,738,314
1,753,764
1,845,861
1,923,116
1,966,426
2,043,542
2,039,474
1,998,550
2,019,634
2,046,921
2,081,249
2,064,640
2,088,480
2,274,711
2,248,733
2,113,097
2,141,279
2,304,335
2,261,562
2,181,483
2,397,067
2,414,346
2,646,683
2,898,658
2,828,499
2,880,637
3,306,384
3,105,368
3,088,181
3,119,056
3,101,298
2,993,739
2,993,956
3,085,426
3,002,269
2,873,325
3,318,031
3,392,745
3,451,311
3,380,299
3,380,316
3,557,519
3,834,381
3,843,815
3,639,943
3,684,765
3,555,123
3,491,710
3,334,326
3,446,671
3,444,729
3,874,293
4,101,241
4,376,999
4,277,733
4,248,787
4,350,583
4,699,867
4,753,098
4,780,611
4,780,6114,753,0984,699,8674,350,5834,248,7874,277,7334,376,9994,101,2413,874,2933,444,7293,446,6713,334,3263,491,7103,555,1233,684,7653,639,9433,843,8153,834,3813,557,5193,380,3163,380,2993,451,3113,392,7453,318,0312,873,3253,002,2693,085,4262,993,9562,993,7393,101,2983,119,0563,088,1813,105,3683,306,3842,880,6372,828,4992,898,6582,646,6832,414,3462,397,0672,181,4832,261,5622,304,3352,141,2792,113,0972,248,7332,274,7112,088,4802,064,6402,081,2492,046,9212,019,6341,998,5502,039,4742,043,5421,966,4261,923,1161,845,8611,753,7641,738,3141,630,8901,598,5271,455,0491,352,3211,481,9671,316,4621,309,2891,304,6721,356,2131,259,43001,149,143270,670272,255
   > 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
747,765
861,488
826,820
729,685
803,356
807,037
906,218
878,371
851,779
1,014,278
1,078,052
9,539,887
1,146,951
1,225,326
9,770,948
9,740,644
5,458,568
6,337,804
447,241
8,984,952
10,971,945
14,322,765
752,332
777,711
764,826
1,024,114
1,031,672
940,390
940,3901,031,6721,024,114764,826777,711752,33214,322,76510,971,9458,984,952447,2416,337,8045,458,5689,740,6449,770,9481,225,3261,146,9519,539,8871,078,0521,014,278851,779878,371906,218807,037803,356729,685826,820861,488747,7650000000000000000000000000000000000000000000000
       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
192,664
312,029
344,214
202,525
248,122
364,744
552,536
554,290
465,775
563,259
582,532
785,206
675,730
731,586
604,298
657,270
217,807
255,656
92,939
164,341
215,562
261,214
258,015
251,804
230,081
448,500
538,911
450,101
450,101538,911448,500230,081251,804258,015261,214215,562164,34192,939255,656217,807657,270604,298731,586675,730785,206582,532563,259465,775554,290552,536364,744248,122202,525344,214312,029192,6640000000000000000000000000000000000000000000000
       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
0
0
0
0
0
0
0
50,000
50,000
50,000
50,000
0
0
0
21,058
21,462
1,714
45,466
70,043
84,315
88,003
80,888
84,973
84,97380,88888,00384,31570,04345,4661,71421,46221,05800050,00050,00050,00050,0000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
9,016
10,273
36,198
0
29,622
30,070
28,136
75,596
51,893
47,273
84,293
75,975
100,224
94,623
88,398
101,641
87,885
76,256
82,015
113,476
95,009
89,048
109,883
103,128
93,900
119,470
170,868
212,434
167,910
119,206
116,725
141,251
92,641
117,550
144,213
164,881
143,126
277,390
165,287
171,887
144,609
153,263
174,557
187,264
172,133
180,107
196,240
191,506
171,681
172,933
187,876
220,884
191,245
177,826
150,738
153,971
353,162
2,486,495
332,258
334,800
3,045,391
1,292,917
1,448,004
1,696,405
145,157
2,363,449
3,105,912
3,662,293
150,454
142,746
124,931
168,709
114,256
111,749
111,749114,256168,709124,931142,746150,4543,662,2933,105,9122,363,449145,1571,696,4051,448,0041,292,9173,045,391334,800332,2582,486,495353,162153,971150,738177,826191,245220,884187,876172,933171,681191,506196,240180,107172,133187,264174,557153,263144,609171,887165,287277,390143,126164,881144,213117,55092,641141,251116,725119,206167,910212,434170,868119,47093,900103,128109,88389,04895,009113,47682,01576,25687,885101,64188,39894,623100,22475,97584,29347,27351,89375,59628,13630,07029,622036,19810,2739,016
       Other Current Assets 
644
1,734
123,004
0
212,445
175,743
161,546
169,364
162,203
166,868
140,480
171,124
186,616
176,045
170,353
141,854
138,987
149,225
171,888
199,879
143,694
144,698
138,242
140,275
161,107
151,666
170,508
141,069
165,523
170,143
161,852
160,854
158,990
138,151
137,926
149,476
305,724
136,534
270,121
267,623
134,275
186,720
200,479
173,117
131,416
206,989
198,510
157,885
112,686
187,493
345,222
202,737
141,929
93,199
92,020
143,546
97,156
600,230
39,733
86,649
361,713
943,221
918,771
1,227,368
158,839
1,952,843
1,526,972
2,414,459
213,373
0
0
0
0
0
00000213,3732,414,4591,526,9721,952,843158,8391,227,368918,771943,221361,71386,64939,733600,23097,156143,54692,02093,199141,929202,737345,222187,493112,686157,885198,510206,989131,416173,117200,479186,720134,275267,623270,121136,534305,724149,476137,926138,151158,990160,854161,852170,143165,523141,069170,508151,666161,107140,275138,242144,698143,694199,879171,888149,225138,987141,854170,353176,045186,616171,124140,480166,868162,203169,364161,546175,743212,4450123,0041,734644
   > 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
2,501,929
2,528,537
2,543,241
2,758,690
2,521,998
2,492,208
2,459,439
2,470,417
2,495,125
2,807,670
2,832,153
2,997,488
3,322,568
3,468,879
3,586,800
3,525,401
3,471,076
3,585,757
3,675,753
3,721,426
3,840,221
3,840,2213,721,4263,675,7533,585,7573,471,0763,525,4013,586,8003,468,8793,322,5682,997,4882,832,1532,807,6702,495,1252,470,4172,459,4392,492,2082,521,9982,758,6902,543,2412,528,5372,501,92900000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
447
1,479
18,165
0
26,372
33,801
33,827
35,215
37,140
66,146
63,542
65,114
68,423
81,216
82,275
84,646
87,747
117,528
127,391
147,575
169,535
166,148
170,893
170,516
178,964
176,731
181,623
186,354
192,005
156,707
158,199
156,608
156,867
155,675
162,356
172,399
179,895
190,408
195,996
200,176
209,913
220,706
226,003
229,719
230,318
219,579
210,069
202,683
192,364
196,724
216,008
210,205
231,336
241,953
244,791
256,738
264,361
1,834,770
251,088
248,608
2,236,770
2,347,300
3,115,340
3,112,347
429,251
7,252,306
8,737,569
558,342
544,099
576,743
636,381
706,201
746,042
853,883
853,883746,042706,201636,381576,743544,099558,3428,737,5697,252,306429,2513,112,3473,115,3402,347,3002,236,770248,608251,0881,834,770264,361256,738244,791241,953231,336210,205216,008196,724192,364202,683210,069219,579230,318229,719226,003220,706209,913200,176195,996190,408179,895172,399162,356155,675156,867156,608158,199156,707192,005186,354181,623176,731178,964170,516170,893166,148169,535147,575127,391117,52887,74784,64682,27581,21668,42365,11463,54266,14637,14035,21533,82733,80126,372018,1651,479447
       Goodwill 
0
0
72,718
0
72,718
72,718
72,718
72,718
72,718
131,565
131,565
131,565
131,565
131,565
131,565
131,565
131,565
151,403
151,403
154,561
154,020
154,020
154,020
154,020
152,129
152,129
152,129
152,129
152,129
136,149
136,149
136,149
136,149
136,149
136,149
136,149
135,831
135,831
135,831
135,831
135,831
135,831
135,831
135,831
135,831
135,831
136,105
136,104
136,050
135,980
135,980
135,980
135,980
139,216
138,509
138,518
137,387
137,635
137,596
137,506
137,055
137,052
391,878
400,581
213,441
215,638
221,022
226,593
219,206
217,752
217,408
219,913
216,411
221,409
221,409216,411219,913217,408217,752219,206226,593221,022215,638213,441400,581391,878137,052137,055137,506137,596137,635137,387138,518138,509139,216135,980135,980135,980135,980136,050136,104136,105135,831135,831135,831135,831135,831135,831135,831135,831135,831135,831136,149136,149136,149136,149136,149136,149136,149152,129152,129152,129152,129152,129154,020154,020154,020154,020154,561151,403151,403131,565131,565131,565131,565131,565131,565131,565131,56572,71872,71872,71872,71872,718072,71800
       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
76,040
85,211
88,258
69,244
441,295
550,994
492,665
431,570
428,836
447,387
393,423
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000393,423447,387428,836431,570492,665550,994441,29569,24488,25885,21176,0400000000000000000000000000000000000000000000000
       Intangible Assets 
71
211
87,552
0
90,436
90,850
90,058
90,344
89,985
161,960
491,396
543,259
606,763
618,551
725,051
797,732
838,342
915,764
919,612
919,821
926,169
932,521
951,318
962,060
954,439
942,102
938,298
957,840
1,001,294
966,201
1,020,505
1,057,678
1,085,736
1,097,539
1,040,160
1,031,320
1,245,204
1,526,425
1,511,715
1,495,962
1,878,428
1,863,829
1,862,077
1,857,021
1,843,873
1,837,444
1,826,806
1,808,568
1,765,487
1,752,824
1,608,726
1,583,523
1,577,540
1,584,667
1,546,100
1,523,772
1,591,956
1,581,037
1,584,350
1,570,373
1,580,830
1,634,636
1,631,507
1,617,252
1,693,094
1,692,519
1,703,227
1,690,526
1,672,108
1,663,831
1,645,123
1,619,496
1,594,972
1,585,350
1,585,3501,594,9721,619,4961,645,1231,663,8311,672,1081,690,5261,703,2271,692,5191,693,0941,617,2521,631,5071,634,6361,580,8301,570,3731,584,3501,581,0371,591,9561,523,7721,546,1001,584,6671,577,5401,583,5231,608,7261,752,8241,765,4871,808,5681,826,8061,837,4441,843,8731,857,0211,862,0771,863,8291,878,4281,495,9621,511,7151,526,4251,245,2041,031,3201,040,1601,097,5391,085,7361,057,6781,020,505966,2011,001,294957,840938,298942,102954,439962,060951,318932,521926,169919,821919,612915,764838,342797,732725,051618,551606,763543,259491,396161,96089,98590,34490,05890,85090,436087,55221171
       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
5,653
81,950
90,769
11,156
104,288
103,426
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000103,426104,28811,15690,76981,9505,65300000000000000000000000000000000000000000000000000000
> Total Liabilities 
126,594
147,793
982,386
0
1,118,911
1,022,573
949,980
945,338
974,494
1,141,414
1,059,441
1,122,253
1,233,333
1,321,850
1,393,314
1,414,246
1,467,400
1,510,117
1,526,844
1,527,350
1,499,089
1,467,122
1,494,262
1,506,049
1,518,825
1,502,393
1,519,122
1,662,305
1,711,965
1,547,882
1,583,988
1,689,911
1,635,296
1,614,930
1,778,571
1,699,519
1,900,989
2,121,993
2,096,931
2,082,803
2,492,951
2,398,175
2,372,516
2,326,823
2,294,206
2,234,711
2,189,154
2,182,868
2,112,983
2,066,965
2,412,172
2,390,905
2,419,499
2,446,402
2,442,048
2,495,668
2,527,685
2,670,489
2,561,999
2,671,221
2,620,428
2,466,613
2,332,593
2,369,595
2,434,076
2,859,992
2,951,931
3,064,743
3,053,075
3,069,394
3,165,836
3,294,579
3,326,658
3,323,012
3,323,0123,326,6583,294,5793,165,8363,069,3943,053,0753,064,7432,951,9312,859,9922,434,0762,369,5952,332,5932,466,6132,620,4282,671,2212,561,9992,670,4892,527,6852,495,6682,442,0482,446,4022,419,4992,390,9052,412,1722,066,9652,112,9832,182,8682,189,1542,234,7112,294,2062,326,8232,372,5162,398,1752,492,9512,082,8032,096,9312,121,9931,900,9891,699,5191,778,5711,614,9301,635,2961,689,9111,583,9881,547,8821,711,9651,662,3051,519,1221,502,3931,518,8251,506,0491,494,2621,467,1221,499,0891,527,3501,526,8441,510,1171,467,4001,414,2461,393,3141,321,8501,233,3331,122,2531,059,4411,141,414974,494945,338949,9801,022,5731,118,9110982,386147,793126,594
   > Total Current Liabilities 
84,097
107,026
283,356
0
1,055,969
942,691
160,044
198,090
228,412
345,377
336,743
362,192
380,652
409,967
392,310
403,481
404,744
375,190
379,422
373,846
441,442
387,399
418,400
447,293
437,858
433,933
458,135
486,856
527,220
492,078
505,614
617,257
384,463
324,366
354,784
284,631
343,461
416,245
746,827
846,688
899,814
873,574
910,280
859,785
900,146
869,838
971,065
947,913
912,422
913,646
883,849
855,534
830,393
831,489
822,429
860,970
901,317
7,595,964
986,583
995,620
11,549,353
6,268,864
3,151,098
4,118,924
487,363
8,096,825
12,092,619
13,983,970
731,227
629,320
820,545
860,218
888,221
853,026
853,026888,221860,218820,545629,320731,22713,983,97012,092,6198,096,825487,3634,118,9243,151,0986,268,86411,549,353995,620986,5837,595,964901,317860,970822,429831,489830,393855,534883,849913,646912,422947,913971,065869,838900,146859,785910,280873,574899,814846,688746,827416,245343,461284,631354,784324,366384,463617,257505,614492,078527,220486,856458,135433,933437,858447,293418,400387,399441,442373,846379,422375,190404,744403,481392,310409,967380,652362,192336,743345,377228,412198,090160,044942,6911,055,9690283,356107,02684,097
       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
1,212,469
223,807
206,281
207,524
96,648
102,028
102,292
3,041,868
3,341,312
3,170,502
3,474,879
700,863
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000700,8633,474,8793,170,5023,341,3123,041,868102,292102,02896,648207,524206,281223,8071,212,4690000000000000000000000000000000000000000000000
       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
1,212,469
223,807
206,281
207,524
96,648
102,028
102,292
484,965
508,986
511,115
521,348
700,863
729,658
727,892
1,011,313
508,320
179,183
252,418
338,293
315,343
472,929
488,113
381,857
280,978
482,812
496,378
526,056
498,240
498,240526,056496,378482,812280,978381,857488,113472,929315,343338,293252,418179,183508,3201,011,313727,892729,658700,863521,348511,115508,986484,965102,292102,02896,648207,524206,281223,8071,212,4690000000000000000000000000000000000000000000000
       Accounts payable 
8,566
11,196
37,413
0
63,290
73,721
45,838
37,639
10,768
46,379
55,285
76,586
65,645
36,897
51,616
39,009
41,291
28,675
32,956
36,629
33,340
31,486
35,317
32,271
39,376
31,543
39,285
40,721
51,683
30,516
39,582
35,929
39,913
28,146
43,580
36,622
42,880
39,711
39,422
36,820
48,310
42,423
49,057
52,584
54,111
43,557
44,255
42,081
44,223
41,086
47,268
44,245
43,799
45,078
50,817
65,877
56,502
331,294
52,867
52,467
483,390
456,862
392,940
451,081
42,235
792,486
1,156,814
2,008,297
71,150
61,000
63,274
66,404
55,059
59,666
59,66655,05966,40463,27461,00071,1502,008,2971,156,814792,48642,235451,081392,940456,862483,39052,46752,867331,29456,50265,87750,81745,07843,79944,24547,26841,08644,22342,08144,25543,55754,11152,58449,05742,42348,31036,82039,42239,71142,88036,62243,58028,14639,91335,92939,58230,51651,68340,72139,28531,54339,37632,27135,31731,48633,34036,62932,95628,67541,29139,00951,61636,89765,64576,58655,28546,37910,76837,63945,83873,72163,290037,41311,1968,566
       Other Current Liabilities 
2,449
31,716
16,611
0
28,212
30,822
30,760
32,204
61,094
61,963
59,385
70,741
51,366
112,790
114,364
121,215
143,809
140,728
161,469
185,161
171,913
151,325
168,080
203,919
187,678
197,036
216,413
256,206
249,373
219,422
218,240
253,628
55,756
58,451
60,950
73,903
92,180
132,498
143,665
201,325
239,501
236,736
263,366
255,255
277,817
268,327
295,436
300,434
300,132
291,061
69,449
69,731
53,869
13,954
8,528
5,444
134,980
843,964
93,009
33,754
3,362,199
3,252,850
262,853
267,430
22,906
516,233
928,439
1,259,672
94,668
54,287
41,524
51,620
28,379
39,622
39,62228,37951,62041,52454,28794,6681,259,672928,439516,23322,906267,430262,8533,252,8503,362,19933,75493,009843,964134,9805,4448,52813,95453,86969,73169,449291,061300,132300,434295,436268,327277,817255,255263,366236,736239,501201,325143,665132,49892,18073,90360,95058,45155,756253,628218,240219,422249,373256,206216,413197,036187,678203,919168,080151,325171,913185,161161,469140,728143,809121,215114,364112,79051,36670,74159,38561,96361,09432,20430,76030,82228,212016,61131,7162,449
   > 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
1,614,912
1,619,619
1,634,698
1,628,336
1,618,016
1,574,750
1,675,601
1,338,285
1,825,227
2,028,547
1,970,201
1,946,713
2,362,803
2,255,388
2,293,532
2,321,848
2,440,074
2,345,291
2,434,361
2,438,437
2,469,986
2,469,9862,438,4372,434,3612,345,2912,440,0742,321,8482,293,5322,255,3882,362,8031,946,7131,970,2012,028,5471,825,2271,338,2851,675,6011,574,7501,618,0161,628,3361,634,6981,619,6191,614,91200000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min 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
-1,212,469
-223,807
-206,281
-207,524
-96,648
-102,028
-102,292
-2,501,505
-3,277,294
-3,106,694
-2,737,532
-639,672
0
58,726
67,772
64,438
64,524
64,339
60,760
61,635
60,041
58,129
58,486
75,878
72,126
70,370
68,838
109,500
109,50068,83870,37072,12675,87858,48658,12960,04161,63560,76064,33964,52464,43867,77258,7260-639,672-2,737,532-3,106,694-3,277,294-2,501,505-102,292-102,028-96,648-207,524-206,281-223,807-1,212,4690000000000000000000000000000000000000000000000
       Long-term Liabilities 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
0
0
0
0
69,060
64,268
166,164
98,838
0
92,470
116,094
107,877
62,418
64,255
70,280
72,716
72,71670,28064,25562,418107,877116,09492,470098,838166,16464,26869,06000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,743
6,967
6,191
5,431
4,664
3,888
3,113
2,353
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000002,3533,1133,8884,6645,4316,1916,9677,7430000000000000000000000000000000000000000000000
> Total Stockholder Equity
145,154
112,877
123,346
166,757
97,788
310,567
332,731
341,383
339,829
325,566
278,214
318,510
350,270
294,022
329,715
324,612
344,183
372,443
352,442
418,514
437,325
430,004
426,973
451,836
475,213
479,024
486,453
523,773
504,334
534,103
524,215
577,166
593,835
539,093
593,256
684,054
728,521
767,821
731,483
798,657
807,581
703,662
718,828
790,816
808,103
760,290
806,166
898,504
893,479
811,815
908,803
1,007,725
1,037,925
946,008
947,923
1,073,038
1,316,384
1,159,020
1,067,036
1,000,774
922,789
1,013,640
988,053
1,059,966
995,702
997,756
1,131,618
1,288,846
1,204,660
1,157,092
1,166,044
1,386,633
1,411,217
1,440,084
1,440,0841,411,2171,386,6331,166,0441,157,0921,204,6601,288,8461,131,618997,756995,7021,059,966988,0531,013,640922,7891,000,7741,067,0361,159,0201,316,3841,073,038947,923946,0081,037,9251,007,725908,803811,815893,479898,504806,166760,290808,103790,816718,828703,662807,581798,657731,483767,821728,521684,054593,256539,093593,835577,166524,215534,103504,334523,773486,453479,024475,213451,836426,973430,004437,325418,514352,442372,443344,183324,612329,715294,022350,270318,510278,214325,566339,829341,383332,731310,56797,788166,757123,346112,877145,154
   Common Stock
82,384
82,489
82,060
0
82,060
99,544
104,910
104,910
104,910
104,910
104,910
104,910
104,910
104,910
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
162,384
1,171,966
47,097
162,384
363,281
363,281
363,281
363,281
24,080
363,281
363,281
363,281
18,223
0
0
0
0
0
0000018,223363,281363,281363,28124,080363,281363,281363,281363,281162,38447,0971,171,966162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384162,384104,910104,910104,910104,910104,910104,910104,910104,91099,54482,060082,06082,48982,384
   Retained Earnings 
62,644
30,172
53,469
0
28,283
3,635
0
0
0
0
0
0
0
0
0
0
0
9,218
0
17,386
58,865
44,573
54,370
94,217
111,892
123,959
121,019
175,016
196,800
213,021
192,772
252,772
272,151
226,540
289,804
376,360
423,917
453,712
410,263
489,654
531,761
437,894
455,335
531,685
546,223
494,308
538,734
640,614
651,168
571,239
659,683
771,797
813,360
326,191
625,086
713,657
1,022,732
6,428,385
369,227
748,029
1,617,048
2,169,906
1,837,300
2,469,911
712,643
1,827,925
2,458,391
4,032,832
847,813
685,088
717,046
914,244
986,349
1,003,813
1,003,813986,349914,244717,046685,088847,8134,032,8322,458,3911,827,925712,6432,469,9111,837,3002,169,9061,617,048748,029369,2276,428,3851,022,732713,657625,086326,191813,360771,797659,683571,239651,168640,614538,734494,308546,223531,685455,335437,894531,761489,654410,263453,712423,917376,360289,804226,540272,151252,772192,772213,021196,800175,016121,019123,959111,89294,21754,37044,57358,86517,38609,218000000000003,63528,283053,46930,17262,644
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000
   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
-115,238
-124,780
-140,359
-142,094
-133,550
-146,742
-158,105
-158,591
-181,808
-145,264
-86,130
-806,117
610,512
-125,643
6,033,700
7,075,877
7,741,803
7,800,427
42,975
13,998,677
16,073,057
18,095,572
118,338
0
0
0
0
0
00000118,33818,095,57216,073,05713,998,67742,9757,800,4277,741,8037,075,8776,033,700-125,643610,512-806,117-86,130-145,264-181,808-158,591-158,105-146,742-133,550-142,094-140,359-124,780-115,2380000000000000000000000000000000000000000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.