Annuncio • Apr 30
Bera Holding A.S., Annual General Meeting, May 22, 2026 Bera Holding A.S., Annual General Meeting, May 22, 2026. Location: nisantas mahallesi, dr. m. hulusi baybal caddesi no:9, bera otel selcuklu, konya Turkey Reported Earnings • Mar 15
Full year 2025 earnings released Full year 2025 results: Revenue: ₺19.1b (up 15% from FY 2024). Net income: ₺164.3m (down 79% from FY 2024). Profit margin: 0.9% (down from 4.8% in FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₺4.79b (up 28% from 3Q 2024). Net loss: ₺47.3m (down 119% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 22
Bera Holding A.S., Annual General Meeting, May 15, 2025 Bera Holding A.S., Annual General Meeting, May 15, 2025. Location: nisantas mahallesi dr. m. hulusi baybal caddesi, no:9 bera otel selcuklu konya, konya Turkey Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₺14.69, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 23x in the Industrials industry in Turkey. Total returns to shareholders of 196% over the past three years. Reported Earnings • Mar 13
Full year 2024 earnings released: EPS: ₺1.17 (vs ₺4.37 in FY 2023) Full year 2024 results: EPS: ₺1.17 (down from ₺4.37 in FY 2023). Revenue: ₺16.7b (up 30% from FY 2023). Net income: ₺797.1m (down 73% from FY 2023). Profit margin: 4.8% (down from 23% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 23
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 6.3% 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. This is currently the only risk that has been identified for the company. Board Change • Nov 28
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ilhan Hanagasi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: ₺0.36 (vs ₺0.79 in 3Q 2023) Third quarter 2024 results: EPS: ₺0.36 (down from ₺0.79 in 3Q 2023). Revenue: ₺3.74b (up 4.3% from 3Q 2023). Net income: ₺247.6m (down 54% from 3Q 2023). Profit margin: 6.6% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 01
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₺3.35b (up 41% from 2Q 2023). Net loss: ₺99.3m (down 153% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 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. 7 experienced directors. 1 highly experienced director. Director Ismet Gergerli was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jun 23
First quarter 2024 earnings released: EPS: ₺1.25 (vs ₺0.13 in 1Q 2023) First quarter 2024 results: EPS: ₺1.25 (up from ₺0.13 in 1Q 2023). Revenue: ₺3.88b (up 48% from 1Q 2023). Net income: ₺853.1m (up ₺761.7m from 1Q 2023). Profit margin: 22% (up from 3.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 21
Full year 2023 earnings released: EPS: ₺4.37 (vs ₺2.73 in FY 2022) Full year 2023 results: EPS: ₺4.37 (up from ₺2.73 in FY 2022). Revenue: ₺12.9b (up 50% from FY 2022). Net income: ₺2.98b (up 60% from FY 2022). Profit margin: 23% (up from 22% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 16
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to ₺18.36. The fair value is estimated to be ₺15.24, 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 60%. Buy Or Sell Opportunity • Apr 08
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 71% to ₺19.92. The fair value is estimated to be ₺15.38, 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 60%. New Risk • Apr 03
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: Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₺19.82, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 9x in the Industrials industry in Turkey. Total returns to shareholders of 89% over the past three years. Annuncio • Mar 18
Bera Holding A.S.(IBSE:BERA) dropped from FTSE All-World Index (USD) Bera Holding A.S.(IBSE:BERA) dropped from FTSE All-World Index (USD) Buy Or Sell Opportunity • Feb 27
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to ₺17.25. The fair value is estimated to be ₺13.96, 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 60%. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₺16.05, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 8x in the Industrials industry in Turkey. Total returns to shareholders of 30% over the past three years. Reported Earnings • Nov 12
Third quarter 2023 earnings released: EPS: ₺0.79 (vs ₺0.88 in 3Q 2022) Third quarter 2023 results: EPS: ₺0.79 (down from ₺0.88 in 3Q 2022). Revenue: ₺3.58b (up 49% from 3Q 2022). Net income: ₺537.9m (down 10.0% from 3Q 2022). Profit margin: 15% (down from 25% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₺19.60, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 8x in the Industrials industry in Turkey. Total returns to shareholders of 340% over the past three years. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₺17.66, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 9x in the Industrials industry in Turkey. Total returns to shareholders of 276% over the past three years. Upcoming Dividend • Sep 11
Upcoming dividend of ₺0.05 per share at 0.4% yield Eligible shareholders must have bought the stock before 18 September 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 2.2% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Turkish dividend payers (2.0%). Lower than average of industry peers (1.2%). Reported Earnings • Aug 23
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₺2.38b (up 12% from 2Q 2022). Net income: ₺186.5m (down 50% from 2Q 2022). Profit margin: 7.8% (down from 18% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₺10.26, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 6x in the Industrials industry in Turkey. Total returns to shareholders of 379% over the past three years. Reported Earnings • May 12
First quarter 2023 earnings released: EPS: ₺0.13 (vs ₺0.33 in 1Q 2022) First quarter 2023 results: EPS: ₺0.13 (down from ₺0.33 in 1Q 2022). Revenue: ₺2.62b (up 56% from 1Q 2022). Net income: ₺91.4m (down 59% from 1Q 2022). Profit margin: 3.5% (down from 13% 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 83% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₺9.58, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 6x in the Industrials industry in Turkey. Total returns to shareholders of 423% over the past three years. Reported Earnings • Mar 12
Full year 2022 earnings released: EPS: ₺2.73 (vs ₺1.09 in FY 2021) Full year 2022 results: EPS: ₺2.73 (up from ₺1.09 in FY 2021). Revenue: ₺8.60b (up 104% from FY 2021). Net income: ₺1.87b (up 150% from FY 2021). Profit margin: 22% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has increased by 119% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₺13.73, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 5x in the Industrials industry in Turkey. Total returns to shareholders of 834% over the past three years. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₺8.59, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 4x in the Industrials industry in Turkey. Total returns to shareholders of 319% over the past three years. Reported Earnings • Nov 10
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: ₺2.40b (up 122% from 3Q 2021). Net income: ₺597.7m (up 455% from 3Q 2021). Profit margin: 25% (up from 10.0% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 19% share price gain to ₺27.70, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 7x in the Industrials industry in Turkey. Total returns to shareholders of 652% over the past three years. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: ₺1.09 (vs ₺0.27 in 2Q 2021) Second quarter 2022 results: EPS: ₺1.09 (up from ₺0.27 in 2Q 2021). Revenue: ₺2.12b (up 132% from 2Q 2021). Net income: ₺371.5m (up 305% from 2Q 2021). Profit margin: 18% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 21% share price gain to ₺15.98, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 6x in the Industrials industry in Turkey. Total returns to shareholders of 768% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₺11.73, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 6x in the Industrials industry in Turkey. Total returns to shareholders of 548% over the past three years. Reported Earnings • May 12
First quarter 2022 earnings released: EPS: ₺0.65 (vs ₺0.13 in 1Q 2021) First quarter 2022 results: EPS: ₺0.65 (up from ₺0.13 in 1Q 2021). Revenue: ₺1.68b (up 100% from 1Q 2021). Net income: ₺223.0m (up 391% from 1Q 2021). Profit margin: 13% (up from 5.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 82% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 12
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: ₺4.22b (up 49% from FY 2020). Net income: ₺746.5m (up 112% from FY 2020). Profit margin: 18% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₺10.01, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 9x in the Industrials industry in Turkey. Total returns to shareholders of 377% over the past three years. Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS ₺0.32 (vs ₺0.17 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₺1.08b (up 35% from 3Q 2020). Net income: ₺107.7m (up 84% from 3Q 2020). Profit margin: 10.0% (up from 7.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 81% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 19% share price gain to ₺11.20, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 7x in the Industrials industry in Turkey. Total returns to shareholders of 536% over the past three years. Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS ₺0.27 (vs ₺0.33 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₺912.5m (up 18% from 2Q 2020). Net income: ₺91.8m (down 19% from 2Q 2020). Profit margin: 10% (down from 15% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 84% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 30% share price decline to ₺18.81, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 7x in the Industrials industry in Turkey. Total returns to shareholders of 994% over the past three years. Reported Earnings • May 28
First quarter 2021 earnings released: EPS ₺0.13 (vs ₺0.022 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₺841.5m (up 33% from 1Q 2020). Net income: ₺45.4m (up 498% from 1Q 2020). Profit margin: 5.4% (up from 1.2% 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 109% per year but the company’s share price has increased by 139% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improved over the past week After last week's 26% share price gain to ₺31.70, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 7x in the Industrials industry in Turkey. Total returns to shareholders of 1,272% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improved over the past week After last week's 17% share price gain to ₺28.60, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 8x in the Industrials industry in Turkey. Total returns to shareholders of 1,009% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₺20.50, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 9x in the Industrials industry in Turkey. Total returns to shareholders of 593% over the past three years. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS ₺1.03 (vs ₺0.079 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₺2.82b (up 25% from FY 2019). Net income: ₺352.3m (up ₺325.4m from FY 2019). Profit margin: 13% (up from 1.2% 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 103% per year whereas the company’s share price has increased by 104% per year. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₺22.88, the stock is trading at a trailing P/E ratio of 54.9x, down from the previous P/E ratio of 65.8x. This compares to an average P/E of 15x in the Industrials industry in Turkey. Total returns to shareholders over the past three years are 797%. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 17% share price gain to ₺24.72, the stock is trading at a trailing P/E ratio of 59.3x, up from the previous P/E ratio of 50.5x. This compares to an average P/E of 15x in the Industrials industry in Turkey. Total returns to shareholders over the past three years are 721%. Is New 90 Day High Low • Feb 01
New 90-day high: ₺22.48 The company is up 139% from its price of ₺9.42 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 Industrials industry, which is up 30% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: ₺21.86 The company is up 116% from its price of ₺10.13 on 16 October 2020. The Turkish market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 36% over the same period. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 17% share price gain to ₺19.26, the stock is trading at a trailing P/E ratio of 46.2x, up from the previous P/E ratio of 39.6x. This compares to an average P/E of 12x in the Industrials industry in Turkey. Total returns to shareholders over the past three years are 524%. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₺16.80, the stock is trading at a trailing P/E ratio of 40.3x, down from the previous P/E ratio of 52.4x. This compares to an average P/E of 11x in the Industrials industry in Turkey. Total returns to shareholders over the past three years are 469%. Valuation Update With 7 Day Price Move • Dec 04
Market bids up stock over the past week After last week's 21% share price gain to ₺14.72, the stock is trading at a trailing P/E ratio of 35.3x, up from the previous P/E ratio of 29.1x. This compares to an average P/E of 9x in the Industrials industry in Turkey. Total returns to shareholders over the past three years are 336%. Is New 90 Day High Low • Dec 04
New 90-day high: ₺14.72 The company is up 54% from its price of ₺9.58 on 04 September 2020. The Turkish market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 19% over the same period. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 19% share price gain to ₺13.44, the stock is trading at a trailing P/E ratio of 32.2x, up from the previous P/E ratio of 27.1x. This compares to an average P/E of 9x in the Industrials industry in Turkey. Total returns to shareholders over the past three years are 321%. Is New 90 Day High Low • Nov 18
New 90-day high: ₺11.44 The company is up 35% from its price of ₺8.47 on 20 August 2020. The Turkish market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 12% over the same period. Reported Earnings • Nov 11
Third quarter 2020 earnings released: EPS ₺0.17 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₺802.1m (up 39% from 3Q 2019). Net income: ₺58.4m (up 139% from 3Q 2019). Profit margin: 7.3% (up from 4.2% in 3Q 2019). The increase in margin was driven by higher revenue. 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 91% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Oct 20
New 90-day high: ₺10.50 The company is up 29% from its price of ₺8.16 on 22 July 2020. The Turkish market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 29
New 90-day high: ₺10.43 The company is up 135% from its price of ₺4.44 on 01 July 2020. The Turkish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 1.0% over the same period.