Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₺8.40, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 31x in the Electric Utilities industry in Turkey. Total returns to shareholders of 34% over the past three years. New Risk • May 20
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. New Risk • May 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 946% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₺8.05, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 30x in the Electric Utilities industry in Turkey. Total returns to shareholders of 51% over the past three years. New Risk • Mar 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 80% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 15
Full year 2025 earnings released Full year 2025 results: Revenue: ₺8.91b (up 14% from FY 2024). Net income: ₺467.1m (up ₺3.45b from FY 2024). Profit margin: 5.2% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₺6.19, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 16x in the Electric Utilities industry in Asia. Total loss to shareholders of 8.0% over the past three years. Announcement • Nov 14
Odas Elektrik Üretim Sanayi Ticaret A.S., Annual General Meeting, Dec 17, 2025 Odas Elektrik Üretim Sanayi Ticaret A.S., Annual General Meeting, Dec 17, 2025. Location: nidakule kuzey atasehir, barbaros mahallesi, begonya sokak no:3, b3 kati 34746, atasehir, istanbul Turkey Reported Earnings • Nov 13
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₺2.63b (up 26% from 3Q 2024). Net income: ₺659.5m (up ₺1.18b from 3Q 2024). Profit margin: 25% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. New Risk • Aug 27
New major risk - Revenue and earnings growth Earnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. New Risk • May 22
New major risk - Revenue and earnings growth Earnings have declined by 4.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Mar 24
Odas Elektrik Üretim Sanayi Ticaret A.S.(IBSE:ODAS) dropped from FTSE All-World Index (USD) Odas Elektrik Üretim Sanayi Ticaret A.S.(IBSE:ODAS) dropped from FTSE All-World Index (USD) Reported Earnings • Mar 12
Full year 2024 earnings released Full year 2024 results: Revenue: ₺7.80b (up 4.9% from FY 2023). Net loss: ₺2.98b (down 178% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. Announcement • Nov 17
Odas Elektrik Üretim Sanayi Ticaret A.S., Annual General Meeting, Dec 18, 2024 Odas Elektrik Üretim Sanayi Ticaret A.S., Annual General Meeting, Dec 18, 2024. Location: nidakule kuzey atasehir barbaros mahallesi, begonya sokak no:3 b3 kati 34746 atasehir, istanbul Turkey Reported Earnings • Nov 13
Third quarter 2024 earnings released: ₺0.38 loss per share (vs ₺2.81 profit in 3Q 2023) Third quarter 2024 results: ₺0.38 loss per share (down from ₺2.81 profit in 3Q 2023). Revenue: ₺2.08b (up 23% from 3Q 2023). Net loss: ₺525.4m (down 113% from profit in 3Q 2023). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Electric Utilities industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. Reported Earnings • Oct 01
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₺1.29b (up 4.1% from 2Q 2023). Net loss: ₺2.34b (down ₺2.70b from profit in 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Electric Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. New Risk • Aug 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 54% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Price Target Changed • Aug 28
Price target decreased by 23% to ₺12.00 Down from ₺15.50, the current price target is provided by 1 analyst. New target price is 60% above last closing price of ₺7.48. Stock is down 41% over the past year. The company is forecast to post earnings per share of ₺0.80 for next year compared to ₺2.72 last year. Reported Earnings • Jun 23
First quarter 2024 earnings released First quarter 2024 results: Revenue: ₺1.56b (down 3.8% from 1Q 2023). Net income: ₺230.5m (down 28% from 1Q 2023). Profit margin: 15% (down from 20% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 21
Full year 2023 earnings released: EPS: ₺2.72 (vs ₺1.68 in FY 2022) Full year 2023 results: EPS: ₺2.72 (up from ₺1.68 in FY 2022). Revenue: ₺7.44b (down 2.6% from FY 2022). Net income: ₺3.81b (up 62% from FY 2022). Profit margin: 51% (up from 31% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₺7.55, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 5x in the Electric Utilities industry in Turkey. Total returns to shareholders of 162% over the past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ₺1.69b (down 22% from 3Q 2022). Net income: ₺3.94b (up 210% from 3Q 2022). Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₺11.40, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 7x in the Electric Utilities industry in Turkey. Total returns to shareholders of 351% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₺13.37, the stock trades at a trailing P/E ratio of 8.8x. Average forward P/E is 12x in the Electric Utilities industry in Turkey. Total returns to shareholders of 539% over the past three years. New Risk • Aug 25
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risk High level of debt (55% net debt to equity). Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: ₺0.26 (vs ₺0.38 in 2Q 2022) Second quarter 2023 results: EPS: ₺0.26 (down from ₺0.38 in 2Q 2022). Revenue: ₺1.24b (down 21% from 2Q 2022). Net income: ₺357.8m (down 32% from 2Q 2022). Profit margin: 29% (down from 33% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth. New Risk • Jul 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₺9.80, the stock trades at a trailing P/E ratio of 6x. Average forward P/E is 13x in the Electric Utilities industry in Turkey. Total returns to shareholders of 374% over the past three years. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₺7.39, the stock trades at a trailing P/E ratio of 4.5x. Average forward P/E is 12x in the Electric Utilities industry in Turkey. Total returns to shareholders of 298% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₺6.25, the stock trades at a trailing P/E ratio of 3.8x. Average forward P/E is 13x in the Electric Utilities industry in Turkey. Total returns to shareholders of 317% over the past three years. Reported Earnings • May 12
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₺1.63b (up 52% from 1Q 2022). Net income: ₺320.9m (down 17% from 1Q 2022). Profit margin: 20% (down from 36% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₺7.13, the stock trades at a trailing P/E ratio of 4.2x. Average forward P/E is 13x in the Electric Utilities industry in Turkey. Total returns to shareholders of 543% over the past three years. Reported Earnings • Mar 16
Full year 2022 earnings released Full year 2022 results: Revenue: ₺7.64b (up 429% from FY 2021). Net income: ₺2.35b (up ₺2.31b from FY 2021). Profit margin: 31% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 12% After last week's 12% share price decline to ₺7.64, the stock trades at a trailing P/E ratio of 4.6x. Average forward P/E is 12x in the Electric Utilities industry in Turkey. Total returns to shareholders of 749% over the past three years. Price Target Changed • Mar 15
Price target decreased by 29% to ₺11.00 Down from ₺15.50, the current price target is provided by 1 analyst. New target price is 44% above last closing price of ₺7.64. Stock is up 381% over the past year. The company posted earnings per share of ₺0.044 last year. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₺7.48, the stock trades at a trailing P/E ratio of 4.5x. Average forward P/E is 12x in the Electric Utilities industry in Turkey. Total returns to shareholders of 358% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₺6.73, the stock trades at a trailing P/E ratio of 4x. Average forward P/E is 12x in the Electric Utilities industry in Turkey. Total returns to shareholders of 299% over the past three years. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non-Executive Director Hafize Ozal was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: ₺0.91 (vs ₺0.071 in 3Q 2021) Third quarter 2022 results: EPS: ₺0.91 (up from ₺0.071 in 3Q 2021). Revenue: ₺2.17b (up 424% from 3Q 2021). Net income: ₺1.27b (up ₺1.22b from 3Q 2021). Profit margin: 59% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 87% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 09
Price target increased to ₺6.20 Up from ₺3.85, the current price target is provided by 1 analyst. New target price is 37% below last closing price of ₺9.79. Stock is up 548% over the past year. The company posted earnings per share of ₺0.044 last year. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₺8.92, the stock trades at a trailing P/E ratio of 11.1x. Average forward P/E is 12x in the Electric Utilities industry in Turkey. Total returns to shareholders of 1,084% over the past three years. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 23% share price gain to ₺9.29, the stock trades at a trailing P/E ratio of 11.6x. Average forward P/E is 11x in the Electric Utilities industry in Turkey. Total returns to shareholders of 1,047% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₺6.68, the stock trades at a trailing P/E ratio of 8.3x. Average forward P/E is 11x in the Electric Utilities industry in Turkey. Total returns to shareholders of 648% over the past three years. Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non-Executive Director Hafize Ozal was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: ₺0.38 (vs ₺0.032 in 2Q 2021) Second quarter 2022 results: EPS: ₺0.38 (up from ₺0.032 in 2Q 2021). Revenue: ₺1.58b (up 390% from 2Q 2021). Net income: ₺525.3m (up ₺506.1m from 2Q 2021). Profit margin: 33% (up from 6.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 2.8% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 15% share price gain to ₺3.26, the stock trades at a trailing P/E ratio of 7.4x. Average forward P/E is 13x in the Electric Utilities industry in Turkey. Total returns to shareholders of 348% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₺2.70, the stock trades at a trailing P/E ratio of 6.1x. Average forward P/E is 14x in the Electric Utilities industry in Turkey. Total returns to shareholders of 293% over the past three years. Reported Earnings • May 12
First quarter 2022 earnings released: EPS: ₺0.28 (vs ₺0.32 loss in 1Q 2021) First quarter 2022 results: EPS: ₺0.28 (up from ₺0.32 loss in 1Q 2021). Revenue: ₺1.07b (up 286% from 1Q 2021). Net income: ₺387.9m (up ₺578.7m from 1Q 2021). Profit margin: 36% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 66%, compared to a 3.5% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₺1.91, the stock trades at a trailing P/E ratio of 68.9x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 131% over the past three years. Reported Earnings • Mar 11
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: ₺0.028 (up from ₺0.44 loss in FY 2020). Revenue: ₺1.45b (up 48% from FY 2020). Net income: ₺38.8m (up ₺285.5m from FY 2020). Profit margin: 2.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 34%, compared to a 3.4% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₺1.34, the stock trades at a trailing P/E ratio of 13.2x. Average forward P/E is 13x in the Electric Utilities industry in Turkey. Total returns to shareholders of 73% over the past three years. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS ₺0.083 (vs ₺0.55 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₺413.2m (up 82% from 3Q 2020). Net income: ₺49.6m (up ₺347.7m from 3Q 2020). Profit margin: 12% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS ₺0.032 (vs ₺0.11 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₺321.5m (up 13% from 2Q 2020). Net income: ₺19.3m (up ₺83.9m from 2Q 2020). Profit margin: 6.0% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Price Target Changed • Jun 19
Price target decreased to ₺2.50 Down from ₺3.85, the current price target is provided by 1 analyst. New target price is 31% above last closing price of ₺1.91. Stock is down 9.5% over the past year. Reported Earnings • May 14
First quarter 2021 earnings released: ₺0.32 loss per share (vs ₺0.43 loss in 1Q 2020) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: ₺277.2m (up 42% from 1Q 2020). Net loss: ₺190.8m (loss widened 29% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 17
Full year 2020 earnings released: ₺0.41 loss per share (vs ₺0.63 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ₺975.1m (up 3.9% from FY 2019). Net loss: ₺246.7m (loss widened 32% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 17
Revenue misses expectations Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 27%, compared to a 5.5% growth forecast for the Electric Utilities industry in Turkey. Is New 90 Day High Low • Feb 01
New 90-day high: ₺4.14 The company is up 27% from its price of ₺3.25 on 03 November 2020. The Turkish market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: ₺3.88 The company is up 47% from its price of ₺2.64 on 11 September 2020. The Turkish market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 2.0% over the same period. Reported Earnings • Nov 11
Third quarter 2020 earnings released: ₺0.50 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ₺226.8m (down 13% from 3Q 2019). Net loss: ₺298.1m (down ₺342.8m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 10
New 90-day high: ₺3.67 The company is up 45% from its price of ₺2.53 on 12 August 2020. The Turkish market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 1.0% over the same period. Is New 90 Day High Low • Oct 05
New 90-day high: ₺3.02 The company is up 6.0% from its price of ₺2.86 on 07 July 2020. The Turkish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electric Utilities industry, which is down 4.0% over the same period.