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Vestel Elektronik Sanayi ve Ticaret AS
Buy, Hold or Sell?

Let's analyse Vestel together

PenkeI guess you are interested in Vestel Elektronik Sanayi ve 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 Vestel Elektronik Sanayi ve 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 Vestel (30 sec.)










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

How much money do you get?

How much money do you get?
₺0.00
When do you have the money?
1 year
How often do you get paid?
27.5%

What is your share worth?

Current worth
₺121.80
Expected worth in 1 year
₺204.28
How sure are you?
77.5%

+ What do you gain per year?

Total Gains per Share
₺82.60
Return On Investment
91.3%

For what price can you sell your share?

Current Price per Share
₺90.50
Expected price per share
₺83.35 - ₺107.30
How sure are you?
50%

1. Valuation of Vestel (5 min.)




Live pricePrice per Share (EOD)

₺90.50

Intrinsic Value Per Share

₺160.20 - ₺193.93

Total Value Per Share

₺282.00 - ₺315.74

2. Growth of Vestel (5 min.)




Is Vestel growing?

Current yearPrevious yearGrowGrow %
How rich?$1.2b$386.1m$268.1m41.0%

How much money is Vestel making?

Current yearPrevious yearGrowGrow %
Making money$11.2m$6.6m$4.6m40.9%
Net Profit Margin0.8%1.9%--

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

3. Financial Health of Vestel (5 min.)




4. Comparing to competitors in the Consumer Electronics industry (5 min.)




  Industry Rankings (Consumer Electronics)  


Richest
#19 / 129

Most Revenue
#21 / 129

Most Profit
#32 / 129

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

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

What can you expect buying and holding a share of Vestel?

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

Speculation

The Price per Share of Vestel is ₺90.50. 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 Vestel.
  • 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 Vestel, 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 ₺121.80. Based on the TTM, the Book Value Change Per Share is ₺20.62 per quarter. Based on the YOY, the Book Value Change Per Share is ₺2.15 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 ₺0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Vestel.

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 Eps0.090.1%0.030.0%0.020.0%0.030.0%0.020.0%
Usd Book Value Change Per Share2.292.5%0.640.7%0.070.1%0.170.2%0.090.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.010.0%0.010.0%
Usd Total Gains Per Share2.292.5%0.640.7%0.070.1%0.190.2%0.100.1%
Usd Price Per Share1.44-1.66-1.25-0.94-0.57-
Price to Earnings Ratio3.96--15.36--15.61--3.09--1.47-
Price-to-Total Gains Ratio0.63-52.47--21.05-12.47-15.54-
Price to Book Ratio0.38-1.07-1.07-1.09-1.12-
Price-to-Total Gains Ratio0.63-52.47--21.05-12.47-15.54-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.81455
Number of shares355
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.640.17
Usd Total Gains Per Share0.640.19
Gains per Quarter (355 shares)227.9866.03
Gains per Year (355 shares)911.90264.13
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1191190217247254
231821181434494518
342732272651741782
4536423638689881046
57455345508512361310
685463546210214831574
7106374637411917301838
8117284728613619772102
9128195819815322242366
10149105911017024712630

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 Share2.02.00.050.0%8.04.00.066.7%15.05.00.075.0%27.09.04.067.5%42.09.021.058.3%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%17.03.00.085.0%30.010.00.075.0%47.025.00.065.3%
Dividend per Share1.00.03.025.0%5.00.07.041.7%9.00.011.045.0%11.00.029.027.5%11.00.061.015.3%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%31.09.00.077.5%48.024.00.066.7%

Fundamentals of Vestel

About Vestel Elektronik Sanayi ve Ticaret AS

Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, produces and sells brown and white goods in Turkey, Europe, and internationally. It operates through three segments: Television and Electronic Devices, White Goods, and Other. The company provides televisions, digital display solutions, mobile products, electric vehicle chargers, automotive electronics, LED lighting products, battery solutions, electronic cards, refrigerators and freezers, dishwashers, washing machines, dryers, cooking appliances, air-conditioners, water heaters, and vaccine storage cabinets, as well as vacuum cleaners, irons, electric kitchen appliances, and electric hair care products. It sells its products through online and physical stores. The company was incorporated in 1983 and is headquartered in Istanbul, Turkey. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi is a subsidiary of Zorlu Holding A.S.

Fundamental data was last updated by Penke on 2024-05-20 16:31:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Vestel Elektronik Sanayi ve Ticaret AS.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Vestel earns for each ₤1 of revenue.

  • Above 10% is considered healthy but always compare Vestel to the Consumer Electronics industry mean.
  • A Net Profit Margin of 1.9% means that ₤0.02 for each ₤1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The MRQ is 1.9%. The company is making a profit. +1
  • The TTM is 0.8%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ1.9%TTM0.8%+1.1%
TTM0.8%YOY1.9%-1.1%
TTM0.8%5Y3.5%-2.7%
5Y3.5%10Y2.6%+0.9%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9%1.5%+0.4%
TTM0.8%2.0%-1.2%
YOY1.9%1.9%0.0%
5Y3.5%2.2%+1.3%
10Y2.6%2.0%+0.6%
1.1.2. Return on Assets

Shows how efficient Vestel is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Vestel to the Consumer Electronics industry mean.
  • 0.8% Return on Assets means that Vestel generated ₤0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The MRQ is 0.8%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.3%+0.5%
TTM0.3%YOY0.4%-0.1%
TTM0.3%5Y0.9%-0.6%
5Y0.9%10Y0.7%+0.2%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%0.5%+0.3%
TTM0.3%0.6%-0.3%
YOY0.4%0.5%-0.1%
5Y0.9%0.8%+0.1%
10Y0.7%0.8%-0.1%
1.1.3. Return on Equity

Shows how efficient Vestel is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Vestel to the Consumer Electronics industry mean.
  • 2.7% Return on Equity means Vestel generated ₤0.03 for each ₤1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The MRQ is 2.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.7%TTM1.3%+1.4%
TTM1.3%YOY2.0%-0.6%
TTM1.3%5Y3.8%-2.5%
5Y3.8%10Y3.3%+0.6%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7%1.1%+1.6%
TTM1.3%1.1%+0.2%
YOY2.0%1.6%+0.4%
5Y3.8%2.0%+1.8%
10Y3.3%1.9%+1.4%

1.2. Operating Efficiency of Vestel Elektronik Sanayi ve Ticaret AS.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Vestel is operating .

  • Measures how much profit Vestel 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 Vestel to the Consumer Electronics 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 Vestel Elektronik Sanayi ve Ticaret AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-9.2%+9.2%
TTM-9.2%YOY4.9%-14.1%
TTM-9.2%5Y6.9%-16.1%
5Y6.9%10Y4.8%+2.1%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ--0.4%+0.4%
TTM-9.2%1.3%-10.5%
YOY4.9%2.8%+2.1%
5Y6.9%3.3%+3.6%
10Y4.8%2.8%+2.0%
1.2.2. Operating Ratio

Measures how efficient Vestel is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • An Operation Ratio of 1.88 means that the operating costs are ₤1.88 for each ₤1 in net sales.

Let's take a look of the Operating Ratio trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The MRQ is 1.883. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.681. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.883TTM1.681+0.202
TTM1.681YOY1.668+0.013
TTM1.6815Y1.639+0.043
5Y1.63910Y1.358+0.281
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8831.717+0.166
TTM1.6811.636+0.045
YOY1.6681.669-0.001
5Y1.6391.622+0.017
10Y1.3581.389-0.031

1.3. Liquidity of Vestel Elektronik Sanayi ve Ticaret AS.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Vestel is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Consumer Electronics industry mean).
  • A Current Ratio of 0.62 means the company has ₤0.62 in assets for each ₤1 in short-term debts.

Let's take a look of the Current Ratio trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The MRQ is 0.616. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.609. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.616TTM0.609+0.007
TTM0.609YOY0.655-0.046
TTM0.6095Y0.683-0.074
5Y0.68310Y0.481+0.201
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6161.578-0.962
TTM0.6091.596-0.987
YOY0.6551.613-0.958
5Y0.6831.660-0.977
10Y0.4811.574-1.093
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Vestel to the Consumer Electronics 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 Vestel Elektronik Sanayi ve Ticaret AS:

  • The MRQ is 0.229. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.230. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.229TTM0.230-0.001
TTM0.230YOY0.254-0.024
TTM0.2305Y0.257-0.027
5Y0.25710Y0.329-0.072
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2290.674-0.445
TTM0.2300.687-0.457
YOY0.2540.713-0.459
5Y0.2570.783-0.526
10Y0.3290.816-0.487

1.4. Solvency of Vestel Elektronik Sanayi ve Ticaret AS.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Vestel assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Vestel to Consumer Electronics industry mean.
  • A Debt to Asset Ratio of 0.67 means that Vestel assets are financed with 67.4% credit (debt) and the remaining percentage (100% - 67.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The MRQ is 0.674. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.779. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.674TTM0.779-0.106
TTM0.779YOY0.782-0.002
TTM0.7795Y0.776+0.003
5Y0.77610Y0.800-0.023
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6740.510+0.164
TTM0.7790.503+0.276
YOY0.7820.508+0.274
5Y0.7760.513+0.263
10Y0.8000.529+0.271
1.4.2. Debt to Equity Ratio

Measures if Vestel is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Vestel to the Consumer Electronics industry mean.
  • A Debt to Equity ratio of 233.9% means that company has ₤2.34 debt for each ₤1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The MRQ is 2.339. The company is just not able to pay all its debts with equity.
  • The TTM is 4.342. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.339TTM4.342-2.003
TTM4.342YOY3.927+0.415
TTM4.3425Y3.866+0.475
5Y3.86610Y4.386-0.520
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3390.982+1.357
TTM4.3420.996+3.346
YOY3.9271.031+2.896
5Y3.8661.098+2.768
10Y4.3861.063+3.323

2. Market Valuation of Vestel Elektronik Sanayi ve 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 Vestel generates.

  • Above 15 is considered overpriced but always compare Vestel to the Consumer Electronics industry mean.
  • A PE ratio of 3.96 means the investor is paying ₤3.96 for every ₤1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The EOD is 7.743. Based on the earnings, the company is underpriced. +1
  • The MRQ is 3.956. Based on the earnings, the company is cheap. +2
  • The TTM is -15.362. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD7.743MRQ3.956+3.787
MRQ3.956TTM-15.362+19.318
TTM-15.362YOY-15.606+0.244
TTM-15.3625Y-3.095-12.267
5Y-3.09510Y-1.467-1.628
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD7.7439.946-2.203
MRQ3.9568.613-4.657
TTM-15.3628.086-23.448
YOY-15.6069.478-25.084
5Y-3.09513.564-16.659
10Y-1.46721.046-22.513
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The EOD is 8.001. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.088. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -1.085. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD8.001MRQ4.088+3.913
MRQ4.088TTM-1.085+5.173
TTM-1.085YOY-34.634+33.549
TTM-1.0855Y-5.833+4.748
5Y-5.83310Y-2.916-2.916
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD8.0012.937+5.064
MRQ4.0883.034+1.054
TTM-1.085-0.133-0.952
YOY-34.6340.007-34.641
5Y-5.8332.349-8.182
10Y-2.9162.112-5.028
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • A PB ratio of 0.38 means the investor is paying ₤0.38 for each ₤1 in book value.

Let's take a look of the Price to Book Ratio trends of Vestel Elektronik Sanayi ve Ticaret AS:

  • The EOD is 0.743. Based on the equity, the company is cheap. +2
  • The MRQ is 0.380. Based on the equity, the company is cheap. +2
  • The TTM is 1.069. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.743MRQ0.380+0.363
MRQ0.380TTM1.069-0.689
TTM1.069YOY1.070-0.001
TTM1.0695Y1.095-0.026
5Y1.09510Y1.124-0.029
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD0.7431.556-0.813
MRQ0.3801.614-1.234
TTM1.0691.644-0.575
YOY1.0701.761-0.691
5Y1.0952.098-1.003
10Y1.1242.588-1.464
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Vestel Elektronik Sanayi ve 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--73.61420.618+257%2.148+3327%5.596+1216%2.945+2400%
Book Value Per Share--121.80562.711+94%37.009+229%30.511+299%18.026+576%
Current Ratio--0.6160.609+1%0.655-6%0.683-10%0.481+28%
Debt To Asset Ratio--0.6740.779-14%0.782-14%0.776-13%0.800-16%
Debt To Equity Ratio--2.3394.342-46%3.927-40%3.866-39%4.386-47%
Dividend Per Share--0.1230.031+300%-+100%0.385-68%0.197-37%
Eps--2.9221.080+170%0.638+358%0.939+211%0.545+436%
Free Cash Flow Per Share--2.8281.193+137%-2.712+196%-0.138+105%-0.138+105%
Free Cash Flow To Equity Per Share--2.8281.193+137%1.949+45%0.824+243%0.824+243%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.900+11%
Intrinsic Value_10Y_max--193.932--------
Intrinsic Value_10Y_min--160.198--------
Intrinsic Value_1Y_max--1.051--------
Intrinsic Value_1Y_min--1.022--------
Intrinsic Value_3Y_max--17.167--------
Intrinsic Value_3Y_min--16.106--------
Intrinsic Value_5Y_max--50.174--------
Intrinsic Value_5Y_min--45.364--------
Market Cap30358768000.000+49%15511498156.00017943548977.750-14%13486174738.438+15%10181611210.638+52%6143084569.794+153%
Net Profit Margin--0.0190.008+138%0.019+3%0.035-44%0.026-26%
Operating Margin----0.0920%0.049-100%0.069-100%0.048-100%
Operating Ratio--1.8831.681+12%1.668+13%1.639+15%1.358+39%
Pb Ratio0.743+49%0.3801.069-64%1.070-65%1.095-65%1.124-66%
Pe Ratio7.743+49%3.956-15.362+488%-15.606+494%-3.095+178%-1.467+137%
Price Per Share90.500+49%46.24053.490-14%40.203+15%30.352+52%18.313+153%
Price To Free Cash Flow Ratio8.001+49%4.088-1.085+127%-34.634+947%-5.833+243%-2.916+171%
Price To Total Gains Ratio1.227+49%0.62752.473-99%-21.051+3457%12.469-95%15.537-96%
Quick Ratio--0.2290.230-1%0.254-10%0.257-11%0.329-30%
Return On Assets--0.0080.003+154%0.004+86%0.009-9%0.007+15%
Return On Equity--0.0270.013+102%0.020+38%0.038-29%0.033-17%
Total Gains Per Share--73.73720.649+257%2.148+3332%5.981+1133%3.142+2247%
Usd Book Value--1270752499.900654245910.600+94%386101539.550+229%318313556.860+299%188064075.263+576%
Usd Book Value Change Per Share--2.2890.641+257%0.067+3327%0.174+1216%0.092+2400%
Usd Book Value Per Share--3.7881.950+94%1.151+229%0.949+299%0.561+576%
Usd Dividend Per Share--0.0040.001+300%-+100%0.012-68%0.006-37%
Usd Eps--0.0910.034+170%0.020+358%0.029+211%0.017+436%
Usd Free Cash Flow--29501802.10012448871.275+137%-28295479.750+196%-1151805.605+104%-575902.803+102%
Usd Free Cash Flow Per Share--0.0880.037+137%-0.084+196%-0.004+105%-0.004+105%
Usd Free Cash Flow To Equity Per Share--0.0880.037+137%0.061+45%0.026+243%0.026+243%
Usd Market Cap944157684.800+49%482407592.652558044373.208-14%419420034.365+15%316648108.651+52%191049930.121+153%
Usd Price Per Share2.815+49%1.4381.664-14%1.250+15%0.944+52%0.570+153%
Usd Profit--30484842.00011270834.375+170%6661207.925+358%9794175.275+211%5689546.738+436%
Usd Revenue--1567869646.500872477331.850+80%453856675.975+245%376023446.155+317%230436725.100+580%
Usd Total Gains Per Share--2.2930.642+257%0.067+3332%0.186+1133%0.098+2247%
 EOD+4 -4MRQTTM+26 -8YOY+28 -75Y+22 -1310Y+25 -11

3.2. Fundamental Score

Let's check the fundamental score of Vestel Elektronik Sanayi ve Ticaret AS based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.743
Price to Book Ratio (EOD)Between0-10.743
Net Profit Margin (MRQ)Greater than00.019
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.229
Current Ratio (MRQ)Greater than10.616
Debt to Asset Ratio (MRQ)Less than10.674
Debt to Equity Ratio (MRQ)Less than12.339
Return on Equity (MRQ)Greater than0.150.027
Return on Assets (MRQ)Greater than0.050.008
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Vestel Elektronik Sanayi ve Ticaret AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.201
Ma 20Greater thanMa 5095.055
Ma 50Greater thanMa 10088.269
Ma 100Greater thanMa 20077.296
OpenGreater thanClose91.900
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  1,085,656-321,220764,4362,130,2602,894,696510,5633,405,259-4,993,896-1,588,637
Tax Provision  -257,63756,461-201,176-120,283-321,459-113,573-435,0322,076,5681,641,536



Latest Balance Sheet

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

Summary
Total Assets125,180,830
Total Liabilities84,320,621
Total Stockholder Equity36,044,256
 As reported
Total Liabilities 84,320,621
Total Stockholder Equity+ 36,044,256
Total Assets = 125,180,830

Assets

Total Assets125,180,830
Total Current Assets48,104,788
Long-term Assets77,076,042
Total Current Assets
Cash And Cash Equivalents 2,294,661
Short-term Investments 35,331
Net Receivables 17,825,902
Inventory 23,510,954
Other Current Assets 269,348
Total Current Assets  (as reported)48,104,788
Total Current Assets  (calculated)43,936,196
+/- 4,168,592
Long-term Assets
Property Plant Equipment 36,170,881
Intangible Assets 3,913,790
Long-term Assets  (as reported)77,076,042
Long-term Assets  (calculated)40,084,671
+/- 36,991,371

Liabilities & Shareholders' Equity

Total Current Liabilities78,137,591
Long-term Liabilities6,183,030
Total Stockholder Equity36,044,256
Total Current Liabilities
Short Long Term Debt 26,656,618
Accounts payable 41,965,774
Other Current Liabilities 1,172,089
Total Current Liabilities  (as reported)78,137,591
Total Current Liabilities  (calculated)69,794,481
+/- 8,343,110
Long-term Liabilities
Long term Debt 1,867,476
Capital Lease Obligations Min Short Term Debt895,727
Long-term Liabilities Other 12,836
Long-term Liabilities  (as reported)6,183,030
Long-term Liabilities  (calculated)2,776,039
+/- 3,406,991
Total Stockholder Equity
Retained Earnings 9,680,357
Total Stockholder Equity (as reported)36,044,256
Total Stockholder Equity (calculated)9,680,357
+/- 26,363,899
Other
Capital Stock335,456
Common Stock Shares Outstanding 335,456
Net Debt 26,229,433
Net Invested Capital 64,568,350
Net Working Capital -30,032,803
Property Plant and Equipment Gross 69,692,953



Balance Sheet

Currency in TRY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-06-302004-12-312004-06-302003-12-312003-06-302002-12-312002-06-30
> Total Assets 
1,844,230,000,000
2,204,371,000,000
2,190,692,000,000
2,865,000,000,000
3,606,343,000,000
3,688,853,000,000
3,907,903
4,390,745
4,304,035
4,586,040
4,824,748
4,778,346
4,255,413
4,302,619
4,264,319
4,336,964
4,488,404
4,227,159
4,026,358
3,931,753
3,943,944
3,935,471
4,083,459
3,851,444
3,836,635
3,829,290
3,785,759
3,998,244
3,915,721
4,307,816
4,919,734
5,158,805
5,360,819
5,597,965
5,264,638
4,915,975
4,899,499
5,363,060
5,510,818
5,636,808
5,913,768
6,470,063
6,952,357
7,321,345
7,996,300
8,543,522
9,470,295
9,335,949
9,242,370
9,314,887
9,022,874
9,651,215
10,262,732
11,396,956
12,601,423
13,845,661
14,734,356
16,098,911
19,376,743
17,960,822
17,338,267
18,375,892
18,684,678
19,452,405
20,307,361
21,339,475
24,145,527
27,078,418
29,284,321
31,616,239
31,539,943
43,092,689
48,800,518
56,777,352
59,659,346
62,872,974
65,416,444
81,612,350
88,170,916
125,180,830
125,180,83088,170,91681,612,35065,416,44462,872,97459,659,34656,777,35248,800,51843,092,68931,539,94331,616,23929,284,32127,078,41824,145,52721,339,47520,307,36119,452,40518,684,67818,375,89217,338,26717,960,82219,376,74316,098,91114,734,35613,845,66112,601,42311,396,95610,262,7329,651,2159,022,8749,314,8879,242,3709,335,9499,470,2958,543,5227,996,3007,321,3456,952,3576,470,0635,913,7685,636,8085,510,8185,363,0604,899,4994,915,9755,264,6385,597,9655,360,8195,158,8054,919,7344,307,8163,915,7213,998,2443,785,7593,829,2903,836,6353,851,4444,083,4593,935,4713,943,9443,931,7534,026,3584,227,1594,488,4044,336,9644,264,3194,302,6194,255,4134,778,3464,824,7484,586,0404,304,0354,390,7453,907,9033,688,853,000,0003,606,343,000,0002,865,000,000,0002,190,692,000,0002,204,371,000,0001,844,230,000,000
   > 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
0
0
7,350,893
8,352,101
8,980,250
9,629,797
9,451,324
11,581,035
10,036,226
8,952,744
9,313,716
9,775,856
9,608,581
10,027,764
10,699,461
12,170,894
13,777,527
14,823,993
16,751,192
16,109,642
20,878,654
23,840,833
28,216,666
28,953,525
28,936,939
30,036,644
38,091,999
41,265,396
48,104,788
48,104,78841,265,39638,091,99930,036,64428,936,93928,953,52528,216,66623,840,83320,878,65416,109,64216,751,19214,823,99313,777,52712,170,89410,699,46110,027,7649,608,5819,775,8569,313,7168,952,74410,036,22611,581,0359,451,3249,629,7978,980,2508,352,1017,350,89300000000000000000000000000000000000000000000000000000
       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
0
0
1,452,547
1,596,751
2,000,337
2,136,434
1,660,207
2,720,250
3,085,661
2,608,643
2,344,474
2,535,903
2,283,040
2,301,694
2,475,228
2,894,454
3,172,696
3,131,134
3,017,832
2,360,245
2,089,121
1,691,195
1,389,804
1,520,072
1,552,389
1,265,961
2,747,632
1,502,867
2,294,661
2,294,6611,502,8672,747,6321,265,9611,552,3891,520,0721,389,8041,691,1952,089,1212,360,2453,017,8323,131,1343,172,6962,894,4542,475,2282,301,6942,283,0402,535,9032,344,4742,608,6433,085,6612,720,2501,660,2072,136,4342,000,3371,596,7511,452,54700000000000000000000000000000000000000000000000000000
       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
0
0
0
0
0
0
0
0
0
0
0
0
0
1,710
67,491
68,065
47,373
40,153
170
40,188
27,051
35,331
35,33127,05140,18817040,15347,37368,06567,4911,71000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
557,436,000,000
824,793,000,000
827,080,000,000
869,577,000,000
1,073,834,000,000
1,085,818,000,000
1,124,425
1,491,420
1,388,408
1,497,198
1,428,835
1,520,315
1,107,843
1,148,223
1,118,856
1,256,804
1,139,793
1,091,340
1,078,119
1,232,073
1,163,234
1,127,762
1,142,244
1,284,022
1,093,819
1,114,182
1,173,155
1,659,898
1,430,454
1,487,096
1,740,579
2,107,152
1,996,869
2,045,573
1,902,786
1,593,247
1,472,452
1,677,866
1,787,952
1,768,017
1,865,097
1,955,721
1,994,558
2,286,949
2,262,057
2,304,187
2,704,409
3,129,691
3,247,430
3,100,005
2,710,200
2,692,532
2,920,970
3,181,284
3,450,828
3,891,911
3,801,714
4,279,959
4,431,709
3,804,509
2,866,565
3,179,013
2,211,838
4,121,400
4,091,700
4,900,375
4,897,241
5,964,522
5,367,102
5,973,552
5,263,887
8,034,049
8,114,243
10,695,615
10,680,072
13,363,435
11,235,108
16,239,311
13,991,162
17,825,902
17,825,90213,991,16216,239,31111,235,10813,363,43510,680,07210,695,6158,114,2438,034,0495,263,8875,973,5525,367,1025,964,5224,897,2414,900,3754,091,7004,121,4002,211,8383,179,0132,866,5653,804,5094,431,7094,279,9593,801,7143,891,9113,450,8283,181,2842,920,9702,692,5322,710,2003,100,0053,247,4303,129,6912,704,4092,304,1872,262,0572,286,9491,994,5581,955,7211,865,0971,768,0171,787,9521,677,8661,472,4521,593,2471,902,7862,045,5731,996,8692,107,1521,740,5791,487,0961,430,4541,659,8981,173,1551,114,1821,093,8191,284,0221,142,2441,127,7621,163,2341,232,0731,078,1191,091,3401,139,7931,256,8041,118,8561,148,2231,107,8431,520,3151,428,8351,497,1981,388,4081,491,4201,124,4251,085,818,000,0001,073,834,000,000869,577,000,000827,080,000,000824,793,000,000557,436,000,000
       Other Current Assets 
108,780,000,000
119,468,000,000
82,186,000,000
160,314,000,000
66,744,000,000
130,104,000,000
56,311
72,819
143,344
77,873
204,008
63,146
187,979
76,532
133,657
81,624
150,117
100,602
128,154
111,399
157,110
164,202
167,502
65,528
75,163
231,757
146,675
49,083
74,638
225,672
220,900
117,316
65,517
154,607
125,310
135,518
118,714
91,257
85,675
122,536
136,538
199,889
284,750
238,041
353,857
179,365
271,275
150,123
192,777
180,768
139,728
204,994
130,488
100,972
132,179
132,586
165,422
225,422
260,107
152,086
19,608
21,776
20,981
160,777
206,571
181,730
319,821
325,383
569,283
497,377
505,406
1,064,282
1,343,119
1,466,690
1,331,946
717,334
102,358
1,227,717
101,365
269,348
269,348101,3651,227,717102,358717,3341,331,9461,466,6901,343,1191,064,282505,406497,377569,283325,383319,821181,730206,571160,77720,98121,77619,608152,086260,107225,422165,422132,586132,179100,972130,488204,994139,728180,768192,777150,123271,275179,365353,857238,041284,750199,889136,538122,53685,67591,257118,714135,518125,310154,60765,517117,316220,900225,67274,63849,083146,675231,75775,16365,528167,502164,202157,110111,399128,154100,602150,11781,624133,65776,532187,97963,146204,00877,873143,34472,81956,311130,104,000,00066,744,000,000160,314,000,00082,186,000,000119,468,000,000108,780,000,000
   > 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
0
0
8,385,523
9,062,176
8,908,822
9,843,824
10,279,597
10,640,014
11,974,633
13,300,891
14,460,328
14,865,047
15,430,301
22,214,035
24,959,685
28,560,686
30,705,821
33,936,035
35,379,800
43,520,351
46,905,520
77,076,042
77,076,04246,905,52043,520,35135,379,80033,936,03530,705,82128,560,68624,959,68522,214,03515,430,30114,865,04714,460,32813,300,89111,974,63310,640,01410,279,5979,843,8248,908,8229,062,1768,385,523000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
245,195,000,000
297,213,000,000
328,203,000,000
601,006,000,000
719,787,000,000
822,667,000,000
917,032
974,033
947,040
999,389
978,403
1,021,601
993,395
1,044,981
1,010,676
1,023,279
994,446
1,013,185
954,923
1,016,997
977,089
964,973
940,334
909,485
846,014
856,620
831,862
786,968
764,662
815,095
810,197
780,867
791,305
802,341
813,813
1,266,859
1,255,389
1,250,197
1,275,842
1,376,499
1,355,532
1,368,508
1,359,724
1,365,087
1,376,831
1,387,214
1,368,667
1,528,666
1,519,564
1,515,536
1,531,644
1,642,927
1,672,836
1,709,623
1,773,738
2,366,014
2,502,856
2,634,558
3,304,413
3,334,707
3,539,281
3,535,001
3,489,759
3,616,104
3,551,868
3,502,942
3,559,084
5,015,558
5,073,779
5,179,726
5,314,674
7,606,607
7,846,846
9,054,980
10,309,470
13,371,334
13,602,386
14,480,284
14,979,667
36,170,881
36,170,88114,979,66714,480,28413,602,38613,371,33410,309,4709,054,9807,846,8467,606,6075,314,6745,179,7265,073,7795,015,5583,559,0843,502,9423,551,8683,616,1043,489,7593,535,0013,539,2813,334,7073,304,4132,634,5582,502,8562,366,0141,773,7381,709,6231,672,8361,642,9271,531,6441,515,5361,519,5641,528,6661,368,6671,387,2141,376,8311,365,0871,359,7241,368,5081,355,5321,376,4991,275,8421,250,1971,255,3891,266,859813,813802,341791,305780,867810,197815,095764,662786,968831,862856,620846,014909,485940,334964,973977,0891,016,997954,9231,013,185994,4461,023,2791,010,6761,044,981993,3951,021,601978,403999,389947,040974,033917,032822,667,000,000719,787,000,000601,006,000,000328,203,000,000297,213,000,000245,195,000,000
       Goodwill 
3,855,000,000
20,556,000,000
22,199,000,000
52,141,000,000
54,734,000,000
55,884,000,000
57,702
60,081
79,825
187,616
213,546
188,801
210,233
188,502
209,717
188,874
210,860
189,133
210,546
185,696
207,608
0
0
185,719
207,226
0
0
207,248
207,350
0
0
207,603
207,578
207,480
207,554
202,433
202,433
202,433
202,433
202,433
198,017
198,017
197,923
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
197,793
160,396
197,793
196,568
196,568
196,568
196,568
196,568
196,568
196,568
196,568
196,568
196,568
196,568
196,568
196,568
0
0196,568196,568196,568196,568196,568196,568196,568196,568196,568196,568196,568196,568196,568197,793160,396197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,793197,923198,017198,017202,433202,433202,433202,433202,433207,554207,480207,578207,60300207,350207,24800207,226185,71900207,608185,696210,546189,133210,860188,874209,717188,502210,233188,801213,546187,61679,82560,08157,70255,884,000,00054,734,000,00052,141,000,00022,199,000,00020,556,000,0003,855,000,000
       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
0
0
26,148
43,897
51,831
55,591
1,205,503
1,159,837
1,189,711
1,152,809
1,115,794
1,104,264
1,044,133
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,044,1331,104,2641,115,7941,152,8091,189,7111,159,8371,205,50355,59151,83143,89726,14800000000000000000000000000000000000000000000000000000
       Intangible Assets 
77,814,000,000
45,271,000,000
44,727,000,000
101,922,000,000
133,155,000,000
100,775,000,000
134,636
107,805
97,449
247,136
230,691
248,867
224,153
243,547
222,162
241,686
278,117
238,162
307,820
247,683
321,189
351,242
351,002
238,161
324,867
337,586
339,234
239,468
335,957
346,393
353,878
248,004
368,129
378,103
389,399
249,245
414,785
247,860
245,847
245,000
239,784
239,617
239,237
241,321
240,993
244,950
245,864
248,357
250,619
256,601
258,096
261,532
262,285
268,263
269,070
280,209
282,968
97,382
90,994
92,518
547,322
564,311
585,133
617,728
633,945
659,928
688,033
710,940
742,439
786,670
835,741
910,443
982,788
1,036,714
1,177,348
1,373,781
1,543,584
1,782,389
2,122,487
3,913,790
3,913,7902,122,4871,782,3891,543,5841,373,7811,177,3481,036,714982,788910,443835,741786,670742,439710,940688,033659,928633,945617,728585,133564,311547,32292,51890,99497,382282,968280,209269,070268,263262,285261,532258,096256,601250,619248,357245,864244,950240,993241,321239,237239,617239,784245,000245,847247,860414,785249,245389,399378,103368,129248,004353,878346,393335,957239,468339,234337,586324,867238,161351,002351,242321,189247,683307,820238,162278,117241,686222,162243,547224,153248,867230,691247,13697,449107,805134,636100,775,000,000133,155,000,000101,922,000,00044,727,000,00045,271,000,00077,814,000,000
       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
0
0
8,385,523
9,062,176
8,908,822
9,843,824
0
0
0
0
0
0
0
-1
0
0
0
0
0
0
0
0
00000000-100000009,843,8248,908,8229,062,1768,385,523000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
1,175,452,000,000
1,414,960,000,000
1,273,236,000,000
1,947,761,000,000
2,516,520,000,000
2,558,757,000,000
2,669,068
3,092,268
3,067,532
3,405,638
3,633,015
3,456,163
3,025,346
3,021,133
3,029,730
2,992,610
3,309,482
2,971,458
2,871,116
3,012,270
3,170,940
2,857,225
2,933,247
2,679,968
2,696,152
2,674,262
2,624,053
2,856,233
2,758,968
3,066,380
3,703,271
4,026,867
4,208,505
4,497,413
4,192,952
3,574,293
3,480,290
4,064,068
4,246,928
4,291,618
4,553,039
5,032,522
5,539,617
5,950,696
6,668,053
7,228,285
8,194,869
7,762,141
7,579,927
7,544,564
7,164,852
7,812,090
8,386,956
9,500,471
10,737,746
11,567,633
12,449,688
13,634,207
16,382,823
14,642,567
14,187,787
14,912,385
15,133,082
15,672,494
16,261,064
16,730,143
19,031,359
19,652,884
21,160,564
22,473,859
23,362,060
32,781,028
37,621,760
44,086,003
47,064,289
49,678,776
51,920,288
67,987,284
72,004,963
84,320,621
84,320,62172,004,96367,987,28451,920,28849,678,77647,064,28944,086,00337,621,76032,781,02823,362,06022,473,85921,160,56419,652,88419,031,35916,730,14316,261,06415,672,49415,133,08214,912,38514,187,78714,642,56716,382,82313,634,20712,449,68811,567,63310,737,7469,500,4718,386,9567,812,0907,164,8527,544,5647,579,9277,762,1418,194,8697,228,2856,668,0535,950,6965,539,6175,032,5224,553,0394,291,6184,246,9284,064,0683,480,2903,574,2934,192,9524,497,4134,208,5054,026,8673,703,2713,066,3802,758,9682,856,2332,624,0532,674,2622,696,1522,679,9682,933,2472,857,2253,170,9403,012,2702,871,1162,971,4583,309,4822,992,6103,029,7303,021,1333,025,3463,456,1633,633,0153,405,6383,067,5323,092,2682,669,0682,558,757,000,0002,516,520,000,0001,947,761,000,0001,273,236,000,0001,414,960,000,0001,175,452,000,000
   > Total Current Liabilities 
707,259,000,000
894,170,000,000
808,292,000,000
1,330,127,000,000
1,877,454,000,000
1,879,582,000,000
1,991,749
2,432,462
2,555,231
2,836,385
3,093,159
2,973,309
2,547,465
2,489,586
2,509,854
2,479,332
2,820,577
2,501,088
2,410,354
2,511,047
2,608,543
2,364,871
2,445,332
2,224,204
2,243,273
2,223,513
2,172,304
2,409,067
2,297,224
2,915,907
3,397,251
3,707,163
3,851,890
4,161,470
3,785,343
3,017,431
2,925,526
3,449,390
3,800,540
3,674,314
3,864,923
4,449,892
4,805,314
4,575,629
6,262,172
6,569,458
7,412,953
5,857,414
6,794,214
6,782,855
6,415,471
5,377,292
7,531,535
8,848,524
10,111,976
10,224,819
11,369,808
12,824,134
15,605,452
13,556,998
13,065,963
14,365,001
14,472,077
14,652,475
14,214,735
14,759,570
16,658,072
17,124,288
19,586,018
20,827,011
22,089,778
30,610,097
35,207,116
41,752,460
44,559,992
47,009,131
48,944,040
63,909,885
67,631,314
78,137,591
78,137,59167,631,31463,909,88548,944,04047,009,13144,559,99241,752,46035,207,11630,610,09722,089,77820,827,01119,586,01817,124,28816,658,07214,759,57014,214,73514,652,47514,472,07714,365,00113,065,96313,556,99815,605,45212,824,13411,369,80810,224,81910,111,9768,848,5247,531,5355,377,2926,415,4716,782,8556,794,2145,857,4147,412,9536,569,4586,262,1724,575,6294,805,3144,449,8923,864,9233,674,3143,800,5403,449,3902,925,5263,017,4313,785,3434,161,4703,851,8903,707,1633,397,2512,915,9072,297,2242,409,0672,172,3042,223,5132,243,2732,224,2042,445,3322,364,8712,608,5432,511,0472,410,3542,501,0882,820,5772,479,3322,509,8542,489,5862,547,4652,973,3093,093,1592,836,3852,555,2312,432,4621,991,7491,879,582,000,0001,877,454,000,0001,330,127,000,000808,292,000,000894,170,000,000707,259,000,000
       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
0
0
2,403,304
2,325,192
2,142,397
976,745
1,618,541
1,980,892
2,000,447
7,012,542
7,730,127
7,720,590
7,178,175
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000007,178,1757,720,5907,730,1277,012,5422,000,4471,980,8921,618,541976,7452,142,3972,325,1922,403,30400000000000000000000000000000000000000000000000000000
       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
0
0
2,403,304
2,325,192
2,142,397
976,745
1,618,541
1,980,892
2,000,447
7,012,542
7,730,127
7,720,590
7,178,175
6,678,873
6,898,334
7,054,771
6,873,754
8,373,111
7,896,084
9,216,994
10,997,047
12,440,802
16,472,755
18,144,704
20,204,434
21,093,480
23,534,001
24,735,740
26,656,618
26,656,61824,735,74023,534,00121,093,48020,204,43418,144,70416,472,75512,440,80210,997,0479,216,9947,896,0848,373,1116,873,7547,054,7716,898,3346,678,8737,178,1757,720,5907,730,1277,012,5422,000,4471,980,8921,618,541976,7452,142,3972,325,1922,403,30400000000000000000000000000000000000000000000000000000
       Accounts payable 
481,796,000,000
718,220,000,000
683,442,000,000
1,131,886,000,000
1,691,179,000,000
1,562,878,000,000
1,695,473
2,064,592
2,069,222
1,875,054
2,302,071
1,889,272
1,921,470
1,513,288
1,821,310
1,547,963
2,273,840
1,447,137
1,936,882
1,995,187
1,876,661
1,662,266
1,704,885
1,691,003
1,792,580
1,813,398
1,714,899
1,861,376
1,769,183
2,052,276
2,544,950
2,913,103
3,007,332
3,249,654
2,775,565
2,141,734
2,078,670
2,367,232
2,490,244
2,815,631
2,685,027
3,069,202
3,544,406
3,720,176
3,929,108
3,958,401
4,538,042
4,536,791
3,822,621
3,483,536
3,213,268
3,683,188
4,006,460
4,873,979
5,379,191
5,751,347
6,203,658
6,583,114
7,468,549
5,792,577
4,913,341
5,493,595
5,506,791
6,127,709
6,204,055
6,412,064
7,598,035
8,060,078
9,264,606
10,870,176
10,370,401
16,026,589
19,107,124
20,306,335
21,587,033
21,581,477
22,312,268
32,476,072
35,500,224
41,965,774
41,965,77435,500,22432,476,07222,312,26821,581,47721,587,03320,306,33519,107,12416,026,58910,370,40110,870,1769,264,6068,060,0787,598,0356,412,0646,204,0556,127,7095,506,7915,493,5954,913,3415,792,5777,468,5496,583,1146,203,6585,751,3475,379,1914,873,9794,006,4603,683,1883,213,2683,483,5363,822,6214,536,7914,538,0423,958,4013,929,1083,720,1763,544,4063,069,2022,685,0272,815,6312,490,2442,367,2322,078,6702,141,7342,775,5653,249,6543,007,3322,913,1032,544,9502,052,2761,769,1831,861,3761,714,8991,813,3981,792,5801,691,0031,704,8851,662,2661,876,6611,995,1871,936,8821,447,1372,273,8401,547,9631,821,3101,513,2881,921,4701,889,2722,302,0711,875,0542,069,2222,064,5921,695,4731,562,878,000,0001,691,179,000,0001,131,886,000,000683,442,000,000718,220,000,000481,796,000,000
       Other Current Liabilities 
52,386,000,000
89,391,000,000
53,312,000,000
109,269,000,000
69,043,000,000
166,728,000,000
133,932
195,936
146,397
158,800
212,949
143,331
182,503
176,516
197,855
179,549
191,382
177,085
174,574
208,966
194,608
279,641
259,368
189,058
170,881
168,721
242,580
204,915
261,456
232,046
223,956
210,369
211,943
203,011
266,830
266,167
198,178
261,282
356,243
297,215
341,890
400,171
452,347
404,128
453,782
512,586
662,837
579,637
675,730
722,039
593,558
833,608
752,913
770,676
858,744
979,888
928,651
654,199
1,244,697
1,106,505
269,173
289,388
356,120
651,711
955,973
1,044,145
1,552,733
1,613,619
1,448,472
1,142,259
1,940,853
2,282,915
3,022,683
4,293,354
4,072,147
3,407,259
954,434
4,564,075
1,416,161
1,172,089
1,172,0891,416,1614,564,075954,4343,407,2594,072,1474,293,3543,022,6832,282,9151,940,8531,142,2591,448,4721,613,6191,552,7331,044,145955,973651,711356,120289,388269,1731,106,5051,244,697654,199928,651979,888858,744770,676752,913833,608593,558722,039675,730579,637662,837512,586453,782404,128452,347400,171341,890297,215356,243261,282198,178266,167266,830203,011211,943210,369223,956232,046261,456204,915242,580168,721170,881189,058259,368279,641194,608208,966174,574177,085191,382179,549197,855176,516182,503143,331212,949158,800146,397195,936133,932166,728,000,00069,043,000,000109,269,000,00053,312,000,00089,391,000,00052,386,000,000
   > 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
0
0
1,121,824
547,384
661,005
1,020,019
2,046,329
1,970,573
2,373,287
2,528,596
1,574,546
1,646,848
1,272,282
2,170,931
2,414,644
2,333,543
2,504,297
2,669,645
2,976,248
4,077,399
4,373,649
6,183,030
6,183,0304,373,6494,077,3992,976,2482,669,6452,504,2972,333,5432,414,6442,170,9311,272,2821,646,8481,574,5462,528,5962,373,2871,970,5732,046,3291,020,019661,005547,3841,121,824000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
13,144,000,000
13,795,000,000
22,661,000,000
20,582,000,000
24,873,000,000
16,429
18,456
20,571
19,995
21,295
30,582
18,552
26,677
18,908
31,020
33,891
34,674
69,621
31,914
30,007
45,301
45,921
36,188
35,555
35,466
36,900
44,866
49,415
71,453
66,910
66,016
73,513
75,199
91,363
95,320
65,543
64,920
70,189
118,614
99,895
70,731
86,472
121,974
136,524
117,796
121,945
103,017
95,259
110,423
114,447
153,260
152,937
167,315
174,581
189,220
196,369
280,360
321,341
336,083
356,584
320,289
435,595
451,938
476,731
478,177
505,238
694,921
831,456
797,497
822,571
1,125,709
1,172,676
1,478,580
1,446,648
1,578,442
0
0
0
0
00001,578,4421,446,6481,478,5801,172,6761,125,709822,571797,497831,456694,921505,238478,177476,731451,938435,595320,289356,584336,083321,341280,360196,369189,220174,581167,315152,937153,260114,447110,42395,259103,017121,945117,796136,524121,97486,47270,73199,895118,61470,18964,92065,54395,32091,36375,19973,51366,01666,91071,45349,41544,86636,90035,46635,55536,18845,92145,30130,00731,91469,62134,67433,89131,02018,90826,67718,55230,58221,29519,99520,57118,45616,42924,873,000,00020,582,000,00022,661,000,00013,795,000,00013,144,000,0000
       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
0
0
0
0
0
0
0
354,420
365,439
386,224
397,756
415,819
429,360
448,079
456,568
475,562
498,096
528,242
546,845
573,693
596,411
609,948
638,556
680,254
726,242
789,738
845,089
891,761
1,030,176
1,191,783
0
0
0
0
00001,191,7831,030,176891,761845,089789,738726,242680,254638,556609,948596,411573,693546,845528,242498,096475,562456,568448,079429,360415,819397,756386,224365,439354,42000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
667,994,000,000
788,681,000,000
916,536,000,000
862,527,000,000
992,656,000,000
1,024,187,000,000
1,103,921
1,138,045
1,076,511
1,061,620
1,073,659
1,191,930
1,096,119
1,148,742
1,102,058
1,201,566
1,038,498
1,118,827
1,017,198
783,109
636,475
929,946
990,140
1,007,143
972,517
1,011,727
1,017,107
999,994
1,012,300
1,099,592
1,073,374
990,088
1,042,578
1,006,497
989,263
1,265,617
1,262,939
1,184,348
1,155,866
1,262,687
1,314,560
1,394,299
1,366,956
1,326,116
1,283,599
1,274,839
1,233,357
1,524,537
1,609,860
1,717,182
1,800,518
1,779,236
1,812,443
1,839,838
1,803,117
2,205,269
2,207,693
2,411,055
2,922,797
3,229,140
3,057,131
3,386,307
3,468,189
3,690,656
3,950,597
4,447,359
4,935,305
7,071,747
7,630,671
8,436,275
7,350,975
9,441,862
10,176,899
11,706,465
11,499,364
11,969,144
12,162,665
12,173,234
13,915,576
36,044,256
36,044,25613,915,57612,173,23412,162,66511,969,14411,499,36411,706,46510,176,8999,441,8627,350,9758,436,2757,630,6717,071,7474,935,3054,447,3593,950,5973,690,6563,468,1893,386,3073,057,1313,229,1402,922,7972,411,0552,207,6932,205,2691,803,1171,839,8381,812,4431,779,2361,800,5181,717,1821,609,8601,524,5371,233,3571,274,8391,283,5991,326,1161,366,9561,394,2991,314,5601,262,6871,155,8661,184,3481,262,9391,265,617989,2631,006,4971,042,578990,0881,073,3741,099,5921,012,300999,9941,017,1071,011,727972,5171,007,143990,140929,946636,475783,1091,017,1981,118,8271,038,4981,201,5661,102,0581,148,7421,096,1191,191,9301,073,6591,061,6201,076,5111,138,0451,103,9211,024,187,000,000992,656,000,000862,527,000,000916,536,000,000788,681,000,000667,994,000,000
   Common Stock
0
425,390,000,000
474,201,000,000
484,700,000,000
524,135,000,000
159,100,000,000
569,732
159,100
159,100
159,100
159,100
159,100
159,100
159,100
159,100
159,100
159,100
159,100
159,100
175,456
175,456
335,456
335,456
335,456
335,456
753,218
753,218
335,456
335,456
753,218
753,218
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
335,456
0
0
0
0
0000335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456335,456753,218753,218335,456335,456753,218753,218335,456335,456335,456335,456175,456175,456159,100159,100159,100159,100159,100159,100159,100159,100159,100159,100159,100159,100569,732159,100,000,000524,135,000,000484,700,000,000474,201,000,000425,390,000,0000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000000000
   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
0
0
1,221,944
1,239,100
1,657,827
1,685,637
1,748,901
2,297,668
2,261,215
2,356,649
2,368,752
2,330,347
2,370,181
2,400,073
2,404,106
2,513,634
3,718,542
3,688,057
3,715,971
3,682,560
5,813,134
6,057,260
6,705,494
6,579,861
7,168,394
0
0
0
0
00007,168,3946,579,8616,705,4946,057,2605,813,1343,682,5603,715,9713,688,0573,718,5422,513,6342,404,1062,400,0732,370,1812,330,3472,368,7522,356,6492,261,2152,297,6681,748,9011,685,6371,657,8271,239,1001,221,94400000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in TRY. All numbers in thousands.