Reported Earnings • May 11
First quarter 2026 earnings released First quarter 2026 results: Revenue: ₺12.0b (up 39% from 1Q 2025). Net income: ₺28.0m (up ₺564.5m from 1Q 2025). Profit margin: 0.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Announcement • Mar 02
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S., Annual General Meeting, Mar 25, 2026 Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S., Annual General Meeting, Mar 25, 2026. Location: sabanci center, 4.levent, 34330 besiktas, istanbul Turkey Reported Earnings • Nov 05
Third quarter 2025 earnings released: EPS: ₺0.97 (vs ₺1.16 in 3Q 2024) Third quarter 2025 results: EPS: ₺0.97 (down from ₺1.16 in 3Q 2024). Revenue: ₺10.6b (up 8.3% from 3Q 2024). Net income: ₺297.0m (down 9.2% from 3Q 2024). Profit margin: 2.8% (down from 3.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 31
Now 23% undervalued Over the last 90 days, the stock has risen 14% to ₺88.45. The fair value is estimated to be ₺114, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Oct 15
Price target decreased by 13% to ₺110 Down from ₺126, the current price target is an average from 3 analysts. New target price is 43% above last closing price of ₺76.75. Stock is down 5.5% over the past year. The company posted earnings per share of ₺4.63 last year. Reported Earnings • Aug 10
Second quarter 2025 earnings released: ₺1.80 loss per share (vs ₺0.48 profit in 2Q 2024) Second quarter 2025 results: ₺1.80 loss per share (down from ₺0.48 profit in 2Q 2024). Revenue: ₺8.75b (up 26% from 2Q 2024). Net loss: ₺579.4m (down ₺688.5m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Price Target Changed • Apr 11
Price target increased by 13% to ₺126 Up from ₺111, the current price target is an average from 3 analysts. New target price is 47% above last closing price of ₺85.95. Stock is down 33% over the past year. The company posted earnings per share of ₺4.63 last year. Buy Or Sell Opportunity • Apr 10
Now 20% overvalued Over the last 90 days, the stock has fallen 3.7% to ₺86.40. The fair value is estimated to be ₺71.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 267% in the next 2 years. Upcoming Dividend • Mar 21
Upcoming dividend of ₺2.13 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 03 April 2025. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Within top quartile of Turkish dividend payers (3.0%). Higher than average of industry peers (2.0%). Buy Or Sell Opportunity • Mar 05
Now 21% overvalued Over the last 90 days, the stock has fallen 13% to ₺82.10. The fair value is estimated to be ₺68.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 267% in the next 2 years. Reported Earnings • Mar 03
Full year 2024 earnings: Revenues exceed analyst expectations Full year 2024 results: Revenue: ₺34.5b (up 30% from FY 2023). Net income: ₺1.52b (down 60% from FY 2023). Profit margin: 4.4% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 36%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in Asia. Announcement • Feb 28
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. announces Annual dividend, payable on April 03, 2025 Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. announced Annual dividend of TRY 2.1296 per share payable on April 03, 2025, ex-date on March 28, 2025 and record date on April 02, 2025. Announcement • Feb 27
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S., Annual General Meeting, Mar 26, 2025 Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S., Annual General Meeting, Mar 26, 2025. Location: sabanci center, 4.levent, 34330 besiktas, istanbul Turkey Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₺90.35, the stock trades at a trailing P/E ratio of 14.3x. Average forward P/E is 14x in the Auto Components industry in Turkey. Total returns to shareholders of 343% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺57.64 per share. Reported Earnings • Nov 02
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₺7.61b (up 39% from 3Q 2023). Net loss: ₺307.2m (down 131% from profit in 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 52% per year. Buy Or Sell Opportunity • Oct 17
Now 20% overvalued Over the last 90 days, the stock has fallen 31% to ₺82.75. The fair value is estimated to be ₺68.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 48%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 95% in the next 2 years. Reported Earnings • Aug 22
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₺6.94b (up 54% from 2Q 2023). Net income: ₺109.1m (down 82% from 2Q 2023). Profit margin: 1.6% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Auto Components industry in Asia. Announcement • Aug 07
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. to Report Q2, 2024 Results on Aug 21, 2024 Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. announced that they will report Q2, 2024 results on Aug 21, 2024 Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: ₺1.84 (vs ₺1.62 in 1Q 2023) First quarter 2024 results: EPS: ₺1.84 (up from ₺1.62 in 1Q 2023). Revenue: ₺7.47b (up 60% from 1Q 2023). Net income: ₺598.6m (up 12% from 1Q 2023). Profit margin: 8.0% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 17
Upcoming dividend of ₺3.39 per share Eligible shareholders must have bought the stock before 24 April 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 27% and the cash payout ratio is 82%. Trailing yield: 2.6%. Within top quartile of Turkish dividend payers (2.2%). Higher than average of industry peers (0.9%). Announcement • Mar 19
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S., Annual General Meeting, Apr 19, 2024 Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S., Annual General Meeting, Apr 19, 2024, at 11:00 Coordinated Universal Time. Location: Sabanci Center, 4. Levent Sadika Ana 2 Toplanti Salonu BESIKTAS Istanbul Turkey Agenda: To consider Opening and Election of the Presidential Board; to consider presentation and discussion of the Board of Directors' Annual Report, covering the activities and the financial results of the year 2023; to consider presentation of the opinion part of the Auditor's Reports related to the fiscal year 2023; to consider presentation, discussion and approval of the year 2023 Financial statements; to consider presenting the assignment of the Board Members who were elected to serve due to vacancy in the board membership within the activity year, to the approval of General Assembly; to consider release of the Board of Directors for the activities of the Company in 2023; to consider discussion and resolution of the Board of Directors' proposal in relation with the use of 2023 year profits, distribution and dividend rates of the same; and to consider other matters. Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: ₺13.05 (vs ₺6.19 in FY 2022) Full year 2023 results: EPS: ₺13.05 (up from ₺6.19 in FY 2022). Revenue: ₺26.5b (up 88% from FY 2022). Net income: ₺3.99b (up 111% from FY 2022). Profit margin: 15% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₺145, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Auto Components industry in Asia. Total returns to shareholders of 470% over the past three years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₺108, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Auto Components industry in Asia. Total returns to shareholders of 373% over the past three years. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: ₺3.28 (vs ₺1.75 in 3Q 2022) Third quarter 2023 results: EPS: ₺3.28 (up from ₺1.75 in 3Q 2022). Revenue: ₺5.47b (up 51% from 3Q 2022). Net income: ₺1.00b (up 81% from 3Q 2022). Profit margin: 18% (up from 15% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Sep 26
Consensus revenue estimates increase by 190% The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ₺7.17b to ₺20.8b. EPS estimate unchanged from ₺8.66 at last update. Auto Components industry in Turkey expected to see average net income growth of 36% next year. Consensus price target up from ₺47.10 to ₺87.45. Share price rose 8.6% to ₺89.80 over the past week. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₺87.45, the stock trades at a trailing P/E ratio of 12.7x. Average forward P/E is 16x in the Auto Components industry in Turkey. Total returns to shareholders of 797% over the past three years. Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: ₺1.98 (vs ₺0.96 in 2Q 2022) Second quarter 2023 results: EPS: ₺1.98 (up from ₺0.96 in 2Q 2022). Revenue: ₺4.49b (up 39% from 2Q 2022). Net income: ₺603.2m (up 98% from 2Q 2022). Profit margin: 13% (up from 9.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 49% p.a. on average during the next 2 years, while revenues in the Auto Components industry in Asia are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₺52.40, the stock trades at a trailing P/E ratio of 8.9x. Average forward P/E is 15x in the Auto Components industry in Turkey. Total returns to shareholders of 409% over the past three years. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: ₺1.75 (vs ₺1.91 in 1Q 2022) First quarter 2023 results: EPS: ₺1.75 (down from ₺1.91 in 1Q 2022). Revenue: ₺4.66b (up 72% from 1Q 2022). Net income: ₺532.8m (down 13% from 1Q 2022). Profit margin: 11% (down from 23% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 42% p.a. on average during the next 2 years, while revenues in the Auto Components industry in Asia are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₺47.22, the stock trades at a trailing P/E ratio of 7.6x. Average forward P/E is 14x in the Auto Components industry in Turkey. Total returns to shareholders of 673% over the past three years. Upcoming Dividend • Mar 22
Upcoming dividend of ₺3.60 per share at 7.0% yield Eligible shareholders must have bought the stock before 29 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 7.0%. Within top quartile of Turkish dividend payers (2.9%). Higher than average of industry peers (2.5%). Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: ₺6.49 (vs ₺3.15 in FY 2021) Full year 2022 results: EPS: ₺6.49 (up from ₺3.15 in FY 2021). Revenue: ₺14.1b (up 112% from FY 2021). Net income: ₺1.98b (up 106% from FY 2021). Profit margin: 14% (in line with FY 2021). Revenue is expected to decline by 35% p.a. on average during the next 2 years, while revenues in the Auto Components industry in Asia are expected to grow by 14%. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₺48.54, the stock trades at a trailing P/E ratio of 8.4x. Average forward P/E is 14x in the Auto Components industry in Turkey. Total returns to shareholders of 466% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Non-Executive Director Mehmet Kahya was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: ₺1.81 (vs ₺0.53 in 3Q 2021) Third quarter 2022 results: EPS: ₺1.81 (up from ₺0.53 in 3Q 2021). Revenue: ₺3.62b (up 137% from 3Q 2021). Net income: ₺552.8m (up 225% from 3Q 2021). Profit margin: 15% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Auto Components industry in Asia are expected to grow by 14%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: ₺1.00 (vs ₺0.58 in 2Q 2021) Second quarter 2022 results: EPS: ₺1.00 (up from ₺0.58 in 2Q 2021). Revenue: ₺3.24b (up 116% from 2Q 2021). Net income: ₺304.9m (up 40% from 2Q 2021). Profit margin: 9.4% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 16% compared to a 23% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 17% share price gain to ₺37.66, the stock trades at a trailing P/E ratio of 8.9x. Average forward P/E is 14x in the Auto Components industry in Turkey. Total returns to shareholders of 647% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺21.09 per share. Price Target Changed • May 09
Price target increased to ₺32.70 Up from ₺28.10, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₺33.94. Stock is up 37% over the past year. The company posted earnings per share of ₺3.15 last year. Reported Earnings • May 06
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: ₺2.01 (up from ₺0.88 in 1Q 2021). Revenue: ₺2.71b (up 84% from 1Q 2021). Net income: ₺612.9m (up 118% from 1Q 2021). Profit margin: 23% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Over the next year, revenue is expected to shrink by 5.6% compared to a 20% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has increased by 84% per year whereas the company’s share price has increased by 79% per year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Non-Executive Director Mehmet Kahya was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 15% share price gain to ₺32.32, the stock trades at a trailing P/E ratio of 10.3x. Average forward P/E is 14x in the Auto Components industry in Turkey. Total returns to shareholders of 356% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺19.44 per share. Reported Earnings • Feb 20
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: ₺3.29 (up from ₺1.69 in FY 2020). Revenue: ₺6.63b (up 57% from FY 2020). Net income: ₺1.00b (up 95% from FY 2020). Profit margin: 15% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 895%. Over the next year, revenue is forecast to grow 11%, compared to a 20% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₺26.96, the stock trades at a trailing P/E ratio of 9.4x. Average forward P/E is 14x in the Auto Components industry in Turkey. Total returns to shareholders of 351% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺19.34 per share. Announcement • Dec 17
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. (IBSE:BRISA) acquired a 88.89% stake in Arvento Mobil Sistemler A.S for approximately TRY 290 million. Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. (IBSE:BRISA) acquired a 88.89% stake in Arvento Mobil Sistemler A.S for approximately TRY 290 million on December 16, 2021.
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. (IBSE:BRISA) completed the acquisition of a 88.89% stake in Arvento Mobil Sistemler A.S on December 16, 2021. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improved over the past week After last week's 16% share price gain to ₺27.46, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Auto Components industry in Asia. Total returns to shareholders of 363% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺17.35 per share. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS ₺0.56 (vs ₺0.67 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₺1.53b (up 35% from 3Q 2020). Net income: ₺170.3m (down 21% from 3Q 2020). Profit margin: 11% (down from 19% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS ₺0.71 (vs ₺0.065 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₺1.50b (up 109% from 2Q 2020). Net income: ₺217.9m (up ₺197.2m from 2Q 2020). Profit margin: 14% (up from 2.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jun 16
Consensus EPS estimates increase to ₺2.43 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₺5.53b to ₺5.63b. EPS estimate increased from ₺0.84 to ₺2.43 per share. Net income forecast to grow 2.7% next year vs 39% growth forecast for Auto Components industry in Turkey. Consensus price target up from ₺20.14 to ₺23.63. Share price was steady at ₺22.18 over the past week. Reported Earnings • May 02
First quarter 2021 earnings released: EPS ₺0.92 (vs ₺0.24 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₺1.47b (up 51% from 1Q 2020). Net income: ₺281.8m (up 270% from 1Q 2020). Profit margin: 19% (up from 7.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of ₺0.81 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 01 April 2021. Trailing yield: 0.3%. Lower than top quartile of Turkish dividend payers (2.8%). Lower than average of industry peers (1.7%). Major Estimate Revision • Feb 26
Analysts update estimates The 2021 consensus revenue estimate increased from ₺4.61b to ₺5.20b. Earning per share (EPS) estimate was unchanged from the last update at ₺0.84. The Auto Components industry in Turkey is expected to see an average net income growth of 58% next year. The consensus price target increased from ₺18.63 to ₺22.80. Share price is up 6.1% to ₺29.38 over the past week. Reported Earnings • Feb 21
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₺4.24b (up 19% from FY 2019). Net income: ₺539.9m (up 399% from FY 2019). Profit margin: 13% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Feb 21
Revenue beats expectations Revenue exceeded analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 8.7%, compared to a 16% growth forecast for the Auto Components industry in Turkey. Is New 90 Day High Low • Feb 15
New 90-day high: ₺28.32 The company is up 60% from its price of ₺17.73 on 17 November 2020. The Turkish market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 43% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺9.00 per share. Price Target Changed • Jan 22
Price target raised to ₺18.63 Up from ₺17.30, the current price target is an average from 3 analysts. The new target price is 31% below the current share price of ₺26.96. As of last close, the stock is up 191% over the past year. Is New 90 Day High Low • Jan 22
New 90-day high: ₺26.96 The company is up 72% from its price of ₺15.65 on 23 October 2020. The Turkish market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 59% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺8.76 per share. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 21% share price gain to ₺26.58, the stock is trading at a trailing P/E ratio of 23.3x, up from the previous P/E ratio of 19.3x. This compares to an average P/E of 49x in the Auto Components industry in Turkey. Total returns to shareholders over the past three years are 235%. Is New 90 Day High Low • Jan 06
New 90-day high: ₺22.08 The company is up 73% from its price of ₺12.77 on 08 October 2020. The Turkish market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 50% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺8.35 per share. Is New 90 Day High Low • Dec 16
New 90-day high: ₺20.14 The company is up 74% from its price of ₺11.60 on 16 September 2020. The Turkish market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 55% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺7.96 per share. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 18% share price gain to ₺18.65, the stock is trading at a trailing P/E ratio of 16.4x, up from the previous P/E ratio of 13.9x. This compares to an average P/E of 20x in the Auto Components industry in Turkey. Total returns to shareholders over the past three years are 172%. Is New 90 Day High Low • Nov 12
New 90-day high: ₺18.65 The company is up 66% from its price of ₺11.26 on 14 August 2020. The Turkish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 47% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺5.72 per share. Valuation Update With 7 Day Price Move • Nov 10
Market bids up stock over the past week After last week's 16% share price gain to ₺18.26, the stock is trading at a trailing P/E ratio of 16x, up from the previous P/E ratio of 13.9x. This compares to an average P/E of 18x in the Auto Components industry in Turkey. Total returns to shareholders over the past three years are 162%. Analyst Estimate Surprise Post Earnings • Nov 02
Revenue beats expectations Revenue exceeded analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 14%, compared to a 12% growth forecast for the Auto Components industry in Turkey. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of ₺346.6m, up 283% from the prior year. Total revenue was ₺3.73b over the last 12 months, up 9.1% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day high: ₺15.65 The company is up 30% from its price of ₺12.04 on 24 July 2020. The Turkish market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺5.48 per share. 
