View ValuationAksigorta 향후 성장Future 기준 점검 3/6Aksigorta 의 수익은 연간 60.3% 감소할 것으로 예상되는 반면, 연간 수익은 47% 로 증가할 것으로 예상됩니다.핵심 정보47.0%이익 성장률n/aEPS 성장률Insurance 이익 성장6.8%매출 성장률-60.3%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트13 Jul 2026최근 향후 성장 업데이트Price Target Changed • Jan 17Price target increased by 7.5% to ₺9.96Up from ₺9.27, the current price target is an average from 3 analysts. New target price is 25% above last closing price of ₺7.99. Stock is up 27% over the past year. The company posted earnings per share of ₺0.71 last year.Price Target Changed • Sep 27Price target increased by 26% to ₺6.86Up from ₺5.44, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ₺7.19. Stock is up 101% over the past year. The company is forecast to post earnings per share of ₺0.61 next year compared to a net loss per share of ₺0.079 last year.Price Target Changed • Sep 14Price target increased by 12% to ₺5.74Up from ₺5.14, the current price target is an average from 4 analysts. New target price is 14% below last closing price of ₺6.66. Stock is up 61% over the past year. The company posted a net loss per share of ₺0.079 last year.Price Target Changed • Feb 19Price target increased by 14% to ₺4.92Up from ₺4.31, the current price target is an average from 3 analysts. New target price is 77% above last closing price of ₺2.78. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₺0.49 next year compared to a net loss per share of ₺0.21 last year.Price Target Changed • Jan 25Price target decreased by 23% to ₺4.31Down from ₺5.59, the current price target is an average from 3 analysts. New target price is 18% above last closing price of ₺3.64. Stock is down 6.1% over the past year. The company is forecast to post a net loss per share of ₺0.13 compared to earnings per share of ₺0.31 last year.Price Target Changed • Nov 01Price target increased to ₺5.59Up from ₺5.11, the current price target is an average from 3 analysts. New target price is 116% above last closing price of ₺2.59. Stock is down 26% over the past year. The company posted earnings per share of ₺0.31 last year.모든 업데이트 보기Recent updatesReported Earnings • Aug 03Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: ₺5.62b (up 42% from 2Q 2025). Net income: ₺750.3m (down 13% from 2Q 2025). Profit margin: 13% (down from 22% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 60% p.a. on average during the next 2 years compared to a 2.7% decline forecast for the Insurance industry in Asia. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 26First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: ₺6.33b (up 85% from 1Q 2025). Net income: ₺268.2m (down 24% from 1Q 2025). Profit margin: 4.2% (down from 10% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 54% p.a. on average during the next 2 years compared to a 2.8% decline forecast for the Insurance industry in Asia. 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 36% per year, which means it is significantly lagging earnings growth.공고 • Feb 24Aksigorta A.S., Annual General Meeting, Mar 23, 2026Aksigorta A.S., Annual General Meeting, Mar 23, 2026. Location: sabanci center 4. levent 34330, istanbul TurkeyReported Earnings • Feb 10Full year 2025 earnings releasedFull year 2025 results: Revenue: ₺21.8b (up 49% from FY 2024). Net income: ₺2.49b (up 34% from FY 2024). Profit margin: 11% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses.공고 • Feb 03Aksigorta A.S. to Report Q4, 2025 Results on Feb 05, 2026Aksigorta A.S. announced that they will report Q4, 2025 results on Feb 05, 2026Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₺8.33, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Insurance industry in Asia. Total returns to shareholders of 118% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.Reported Earnings • Oct 30Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₺4.39b (up 11% from 3Q 2024). Net income: ₺824.9m (up 32% from 3Q 2024). Profit margin: 19% (up from 16% in 3Q 2024). The increase in margin was driven by higher revenue.공고 • Oct 03Aksigorta A.S. to Report Q3, 2025 Results on Oct 27, 2025Aksigorta A.S. announced that they will report Q3, 2025 results on Oct 27, 2025Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ₺0.21 (vs ₺0.23 in 2Q 2024)Second quarter 2025 results: EPS: ₺0.21 (down from ₺0.23 in 2Q 2024). Revenue: ₺3.59b (down 1.6% from 2Q 2024). Net income: ₺336.0m (down 9.9% from 2Q 2024). Profit margin: 9.4% (in line with 2Q 2024). 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 28% per year, which means it is significantly lagging earnings growth.공고 • Aug 05Aksigorta A.S. to Report Q2, 2025 Results on Aug 04, 2025Aksigorta A.S. announced that they will report Q2, 2025 results on Aug 04, 2025Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₺6.62, the stock trades at a trailing P/E ratio of 5.5x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 407% over the past three years.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₺6.16, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 241% over the past three years.공고 • Feb 20Aksigorta A.S., Annual General Meeting, Mar 19, 2025Aksigorta A.S., Annual General Meeting, Mar 19, 2025. Location: sabanci center 4. levent 34330, istanbul Turkey공고 • Feb 03Aksigorta A.S. to Report Q4, 2024 Results on Feb 06, 2025Aksigorta A.S. announced that they will report Q4, 2024 results on Feb 06, 2025Price Target Changed • Jan 17Price target increased by 7.5% to ₺9.96Up from ₺9.27, the current price target is an average from 3 analysts. New target price is 25% above last closing price of ₺7.99. Stock is up 27% over the past year. The company posted earnings per share of ₺0.71 last year.Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₺6.39, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 225% over the past three years.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: ₺0.39 (vs ₺0.082 in 3Q 2023)Third quarter 2024 results: EPS: ₺0.39 (up from ₺0.082 in 3Q 2023). Revenue: ₺3.96b (up 50% from 3Q 2023). Net income: ₺625.7m (up 375% from 3Q 2023). Profit margin: 16% (up from 5.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공고 • Oct 01Aksigorta A.S. to Report Q3, 2024 Results on Oct 30, 2024Aksigorta A.S. announced that they will report Q3, 2024 results on Oct 30, 2024Reported Earnings • Aug 05Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ₺3.73b (up 56% from 2Q 2023). Net income: ₺339.2m (down 25% from 2Q 2023). Profit margin: 9.1% (down from 19% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공고 • Aug 01Aksigorta A.S. to Report Q2, 2024 Results on Aug 01, 2024Aksigorta A.S. announced that they will report Q2, 2024 results on Aug 01, 2024Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₺8.55, the stock trades at a trailing P/E ratio of 11x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 337% over the past three years.Reported Earnings • May 07First quarter 2024 earnings released: EPS: ₺0.15 (vs ₺0.079 in 1Q 2023)First quarter 2024 results: EPS: ₺0.15 (up from ₺0.079 in 1Q 2023). Revenue: ₺3.17b (up 51% from 1Q 2023). Net income: ₺235.4m (up 85% from 1Q 2023). Profit margin: 7.4% (up from 6.0% 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 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.공고 • Apr 29Aksigorta A.S. to Report Q1, 2024 Results on May 06, 2024Aksigorta A.S. announced that they will report Q1, 2024 results on May 06, 2024공고 • Apr 03Aksigorta A.S. to Report March,2024 Results on Apr 15, 2024Aksigorta A.S. announced that they will report March, 2024 results on Apr 15, 2024공고 • Feb 17Aksigorta A.S., Annual General Meeting, Mar 19, 2024Aksigorta A.S., Annual General Meeting, Mar 19, 2024, at 12:00 Coordinated Universal Time. Location: Sabanci Center 4. Levent 34330 Istanbul Turkey Agenda: To approve the Determination of method of distribution and use of the profit of 2023 and the rates of dividends and profit shares to be distributed; to consider the Election of auditor; to consider the Discussion and approval of the proposed amendment to Article 84 of the Company's Articles of Association; to consider the Discussion and approval of the proposed amendment to the Company's Profit Distribution Policy; to consider the Discussion and approval of authorizing the Board of Directors to distribute interim dividends for the fiscal year 2024; to consider the Presentation of information to General Assembly on donations and grants made during 2023; to consider the Determination of limits of donations to be made by the Company within 2024; to consider the Authorization granted to Chairman and other members of the board for transactions stipulated in Article 395 and 396 of Turkish Commercial Code; and to consider other matters if any.Reported Earnings • Feb 12Full year 2023 earnings releasedFull year 2023 results: Revenue: ₺9.93b (up 63% from FY 2022). Net income: ₺1.15b (up ₺1.28b from FY 2022). Profit margin: 12% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.공고 • Feb 01Aksigorta A.S. to Report Q4, 2023 Results on Feb 08, 2024Aksigorta A.S. announced that they will report Q4, 2023 results on Feb 08, 2024Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: ₺0.082 (vs ₺0.083 in 3Q 2022)Third quarter 2023 results: EPS: ₺0.082. Revenue: ₺2.66b (up 57% from 3Q 2022). Net income: ₺131.7m (up 158% from 3Q 2022). Profit margin: 4.9% (up from 3.0% in 3Q 2022). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₺6.82, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Insurance industry in Asia. Total returns to shareholders of 258% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.New Risk • Oct 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 10% 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 Shareholders have been substantially diluted in the past year (163% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).공고 • Oct 01Aksigorta A.S. to Report Q3, 2023 Results on Oct 31, 2023Aksigorta A.S. announced that they will report Q3, 2023 results on Oct 31, 2023Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₺7.75, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Insurance industry in Asia. Total returns to shareholders of 341% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.Price Target Changed • Sep 27Price target increased by 26% to ₺6.86Up from ₺5.44, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ₺7.19. Stock is up 101% over the past year. The company is forecast to post earnings per share of ₺0.61 next year compared to a net loss per share of ₺0.079 last year.Price Target Changed • Sep 14Price target increased by 12% to ₺5.74Up from ₺5.14, the current price target is an average from 4 analysts. New target price is 14% below last closing price of ₺6.66. Stock is up 61% over the past year. The company posted a net loss per share of ₺0.079 last year.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₺6.06, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 9x in the Insurance industry in Turkey. Total returns to shareholders of 275% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₺5.09, the stock trades at a trailing P/E ratio of 9.1x. Average forward P/E is 9x in the Insurance industry in Turkey. Total returns to shareholders of 230% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: ₺0.28 (vs ₺0.31 loss in 2Q 2022)Second quarter 2023 results: EPS: ₺0.28 (up from ₺0.31 loss in 2Q 2022). Revenue: ₺2.41b (up 142% from 2Q 2022). Net income: ₺454.9m (up ₺646.5m from 2Q 2022). Profit margin: 19% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₺4.99, the stock trades at a trailing P/E ratio of 31.6x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 219% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺2.97 per share.공고 • Aug 01Aksigorta A.S. to Report Q2, 2023 Results on Aug 07, 2023Aksigorta A.S. announced that they will report Q2, 2023 results on Aug 07, 2023Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₺3.13, the stock trades at a trailing P/E ratio of 19.8x. Average forward P/E is 9x in the Insurance industry in Turkey. Total returns to shareholders of 105% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺2.95 per share.Reported Earnings • May 05First quarter 2023 earnings released: EPS: ₺0.079 (vs ₺0.42 loss in 1Q 2022)First quarter 2023 results: EPS: ₺0.079 (up from ₺0.42 loss in 1Q 2022). Revenue: ₺2.12b (up 109% from 1Q 2022). Net income: ₺127.3m (up ₺381.7m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.Price Target Changed • Feb 19Price target increased by 14% to ₺4.92Up from ₺4.31, the current price target is an average from 3 analysts. New target price is 77% above last closing price of ₺2.78. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₺0.49 next year compared to a net loss per share of ₺0.21 last year.Reported Earnings • Feb 15Full year 2022 earnings released: ₺0.21 loss per share (vs ₺0.31 profit in FY 2021)Full year 2022 results: ₺0.21 loss per share (down from ₺0.31 profit in FY 2021). Revenue: ₺7.80b (up 96% from FY 2021). Net loss: ₺127.3m (down 167% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Buying Opportunity • Feb 01Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ₺3.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making.Price Target Changed • Jan 25Price target decreased by 23% to ₺4.31Down from ₺5.59, the current price target is an average from 3 analysts. New target price is 18% above last closing price of ₺3.64. Stock is down 6.1% over the past year. The company is forecast to post a net loss per share of ₺0.13 compared to earnings per share of ₺0.31 last year.공고 • Jan 01Aksigorta A.S. to Report Q4, 2022 Results on Jan 31, 2023Aksigorta A.S. announced that they will report Q4, 2022 results on Jan 31, 2023Buying Opportunity • Dec 01Now 21% undervaluedOver the last 90 days, the stock is up 3.0%. The fair value is estimated to be ₺4.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 8 non-independent directors. Independent Director Huseyin Gurer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 06Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: ₺1.72b (up 61% from 3Q 2021). Net income: ₺51.0m (down 18% from 3Q 2021). Profit margin: 3.0% (down from 5.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Price Target Changed • Nov 01Price target increased to ₺5.59Up from ₺5.11, the current price target is an average from 3 analysts. New target price is 116% above last closing price of ₺2.59. Stock is down 26% over the past year. The company posted earnings per share of ₺0.31 last year.Buying Opportunity • Oct 27Now 55% undervalued after recent price dropOver the last 90 days, the stock is down 9.5%. The fair value is estimated to be ₺5.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 11Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ₺1.01b (up 5.5% from 2Q 2021). Net loss: ₺191.6m (down 305% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 120% compared to a 13% decline forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Price Target Changed • Aug 10Price target decreased to ₺5.11Down from ₺5.77, the current price target is an average from 2 analysts. New target price is 68% above last closing price of ₺3.03. Stock is down 20% over the past year. The company posted earnings per share of ₺0.31 last year.Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: ₺0.42 loss per share (down from ₺0.12 profit in 1Q 2021). Revenue: ₺1.02b (up 13% from 1Q 2021). Net loss: ₺254.3m (down 435% from profit in 1Q 2021). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Director Huseyin Gurer was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Apr 15Price target decreased to ₺5.77Down from ₺6.24, the current price target is an average from 2 analysts. New target price is 57% above last closing price of ₺3.67. Stock is down 11% over the past year. The company posted earnings per share of ₺0.31 last year.Reported Earnings • Feb 10Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: ₺4.02b (up 27% from FY 2020). Net income: ₺189.4m (down 56% from FY 2020). Profit margin: 4.7% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Over the next year, revenue is expected to shrink by 1.4% compared to a 20% decline forecast for the insurance industry in Turkey. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year.Buying Opportunity • Feb 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be ₺9.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% per annum over the last 3 years. Earnings per share has grown by 17% per annum over the last 3 years.Price Target Changed • Jan 28Price target increased to ₺12.47Up from ₺10.40, the current price target is an average from 3 analysts. New target price is 58% above last closing price of ₺7.90. Stock is down 17% over the past year. The company is forecast to post earnings per share of ₺1.38 for next year compared to ₺1.41 last year.Buying Opportunity • Jan 24Now 21% undervaluedOver the last 90 days, the stock is up 9.4%. The fair value is estimated to be ₺9.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% per annum over the last 3 years. Earnings per share has grown by 17% per annum over the last 3 years.Reported Earnings • Oct 27Third quarter 2021 earnings releasedThe company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₺1.08b (up 37% from 3Q 2020). Net income: ₺61.8m (down 28% from 3Q 2020). Profit margin: 5.7% (down from 11% 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 23% per year whereas the company’s share price has increased by 27% per year.Upcoming Dividend • Aug 30Inaugural dividend of ₺0.34 per shareEligible shareholders must have bought the stock before 06 September 2021. Payment date: 08 September 2021. The company last paid an ordinary dividend in February 2018. The average dividend yield among industry peers is 3.7%.Reported Earnings • Aug 11Second quarter 2021 earnings releasedThe company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₺950.2m (up 26% from 2Q 2020). Net income: ₺93.3m (down 45% from 2Q 2020). Profit margin: 9.8% (down from 22% 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 33% per year whereas the company’s share price has increased by 36% per year.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₺8.18, the stock trades at a trailing P/E ratio of 5.8x. Average forward P/E is 11x in the Insurance industry in Turkey. Total returns to shareholders of 209% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺7.75 per share.Is New 90 Day High Low • Mar 15New 90-day high: ₺10.30The company is up 19% from a price of ₺8.63 on 15 December 2020. Underperformed the Turkish market, which is up 30% over the last 90 days. Exceeded the Insurance industry, which is up 11% over the same period. Simply Wall St's valuation model estimates the intrinsic value at ₺7.75 per share.공고 • Mar 13Aksigorta A.S., Annual General Meeting, Mar 16, 2021Aksigorta A.S., Annual General Meeting, Mar 16, 2021, at 11:00 Coordinated Universal Time.Price Target Changed • Feb 25Price target raised to ₺10.99Up from ₺9.94, the current price target is an average from 3 analysts. The new target price is 16% above the current share price of ₺9.45. As of last close, the stock is up 45% over the past year.Reported Earnings • Feb 03Full year 2020 earnings released: EPS ₺1.41 (vs ₺1.20 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: ₺3.21b (up 20% from FY 2019). Net income: ₺432.3m (up 18% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.공고 • Feb 03Aksigorta A.S. to Report Q4, 2020 Results on Feb 01, 2021Aksigorta A.S. announced that they will report Q4, 2020 results on Feb 01, 2021Major Estimate Revision • Jan 19Analysts update estimatesThe 2020 consensus revenue estimate increased from ₺2.68b to ₺3.86b. Earning per share (EPS) estimate was unchanged from the last update at ₺1.62. The Insurance industry in Turkey is expected to see an average net income growth of 13% next year. The consensus price target increased from ₺9.94 to ₺10.37. Share price is up 2.9% to ₺9.94 over the past week.Price Target Changed • Jan 18Price target raised to ₺10.37Up from ₺9.49, the current price target is an average from 3 analysts. The new target price is close to the current share price of ₺9.99. As of last close, the stock is up 48% over the past year.Is New 90 Day High Low • Jan 04New 90-day high: ₺9.87The company is up 28% from its price of ₺7.74 on 06 October 2020. The Turkish market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺6.59 per share.Is New 90 Day High Low • Dec 14New 90-day high: ₺8.42The company is up 17% from its price of ₺7.17 on 15 September 2020. The Turkish market is up 20% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Insurance industry, which is also up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺6.59 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₺451.9m, up 40% from the prior year. Total revenue was ₺3.04b over the last 12 months, up 17% from the prior year.Is New 90 Day High Low • Oct 15New 90-day high: ₺8.37The company is up 5.0% from its price of ₺7.94 on 17 July 2020. The Turkish market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺4.67 per share.공고 • Oct 13Aksigorta A.S. to Report Q3, 2020 Results on Oct 26, 2020Aksigorta A.S. announced that they will report Q3, 2020 results on Oct 26, 2020이익 및 매출 성장 예측IBSE:AKGRT - 애널리스트 향후 추정치 및 과거 재무 데이터 (TRY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20277,4365,167N/AN/A112/31/20265,9444,036N/AN/A16/30/202619,2992,2948,7259,640N/A3/31/202617,6472,4025,9236,774N/A12/31/202516,0992,4866,4317,345N/A9/30/202515,7352,7282,3623,111N/A6/30/202515,2292,4582,1572,839N/A3/31/202514,8601,9363,2763,927N/A12/31/202414,6171,8573,5384,049N/A9/30/202413,1371,6354,5624,856N/A6/30/202412,0421,2114,2594,540N/A3/31/202410,8481,3313,6893,971N/A12/31/20239,7761,1851,8422,090N/A9/30/20239,5199812,1202,391N/A6/30/20238,5759011,6921,883N/A3/31/20237,1812541,6031,730N/A12/31/20226,092-1271,1401,257N/A9/30/20224,758-4599391,055N/A6/30/20224,138-4431,0861,190N/A3/31/20224,096-157274385N/A12/31/20213,986189401498N/A9/30/20213,778353182246N/A6/30/20213,492372586645N/A3/31/20213,293446286324N/A12/31/20203,157444371408N/A9/30/20203,019452803836N/A6/30/20202,988457560590N/A3/31/20202,834378N/A639N/A12/31/20192,675366N/A549N/A9/30/20192,593321N/A94N/A6/30/20192,391300N/A146N/A3/31/20192,326255N/A192N/A12/31/20182,176228N/A343N/A9/30/20181,976206N/A393N/A6/30/20181,786158N/A405N/A3/31/20181,589154N/A402N/A12/31/20171,464127N/A337N/A9/30/20171,388126N/A196N/A6/30/20171,337128N/A149N/A3/31/20171,26184N/A9N/A12/31/20161,20757N/A2N/A9/30/20161,164-9N/A105N/A6/30/20161,147-12N/A143N/A3/31/20161,2092N/AN/AN/A12/31/20151,262-136N/A174N/A9/30/20151,273-112N/A160N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: AKGRT 의 연간 예상 수익 증가율(47%)이 saving rate(23.1%)보다 높습니다.수익 vs 시장: AKGRT 의 연간 수익(47%)이 TR 시장(32.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: AKGRT 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: AKGRT 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -60.3%).고성장 매출: AKGRT 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -60.3%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: AKGRT의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YInsurance 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/10 14:12종가2026/08/07 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Aksigorta A.S.는 12명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Sezai SaklaroguAta InvestDavid TarantoBofA Global ResearchKazim AndaçDeutsche Bank9명의 분석가 더 보기
Price Target Changed • Jan 17Price target increased by 7.5% to ₺9.96Up from ₺9.27, the current price target is an average from 3 analysts. New target price is 25% above last closing price of ₺7.99. Stock is up 27% over the past year. The company posted earnings per share of ₺0.71 last year.
Price Target Changed • Sep 27Price target increased by 26% to ₺6.86Up from ₺5.44, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ₺7.19. Stock is up 101% over the past year. The company is forecast to post earnings per share of ₺0.61 next year compared to a net loss per share of ₺0.079 last year.
Price Target Changed • Sep 14Price target increased by 12% to ₺5.74Up from ₺5.14, the current price target is an average from 4 analysts. New target price is 14% below last closing price of ₺6.66. Stock is up 61% over the past year. The company posted a net loss per share of ₺0.079 last year.
Price Target Changed • Feb 19Price target increased by 14% to ₺4.92Up from ₺4.31, the current price target is an average from 3 analysts. New target price is 77% above last closing price of ₺2.78. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₺0.49 next year compared to a net loss per share of ₺0.21 last year.
Price Target Changed • Jan 25Price target decreased by 23% to ₺4.31Down from ₺5.59, the current price target is an average from 3 analysts. New target price is 18% above last closing price of ₺3.64. Stock is down 6.1% over the past year. The company is forecast to post a net loss per share of ₺0.13 compared to earnings per share of ₺0.31 last year.
Price Target Changed • Nov 01Price target increased to ₺5.59Up from ₺5.11, the current price target is an average from 3 analysts. New target price is 116% above last closing price of ₺2.59. Stock is down 26% over the past year. The company posted earnings per share of ₺0.31 last year.
Reported Earnings • Aug 03Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: ₺5.62b (up 42% from 2Q 2025). Net income: ₺750.3m (down 13% from 2Q 2025). Profit margin: 13% (down from 22% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 60% p.a. on average during the next 2 years compared to a 2.7% decline forecast for the Insurance industry in Asia. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 26First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: ₺6.33b (up 85% from 1Q 2025). Net income: ₺268.2m (down 24% from 1Q 2025). Profit margin: 4.2% (down from 10% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 54% p.a. on average during the next 2 years compared to a 2.8% decline forecast for the Insurance industry in Asia. 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 36% per year, which means it is significantly lagging earnings growth.
공고 • Feb 24Aksigorta A.S., Annual General Meeting, Mar 23, 2026Aksigorta A.S., Annual General Meeting, Mar 23, 2026. Location: sabanci center 4. levent 34330, istanbul Turkey
Reported Earnings • Feb 10Full year 2025 earnings releasedFull year 2025 results: Revenue: ₺21.8b (up 49% from FY 2024). Net income: ₺2.49b (up 34% from FY 2024). Profit margin: 11% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses.
공고 • Feb 03Aksigorta A.S. to Report Q4, 2025 Results on Feb 05, 2026Aksigorta A.S. announced that they will report Q4, 2025 results on Feb 05, 2026
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₺8.33, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Insurance industry in Asia. Total returns to shareholders of 118% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.
Reported Earnings • Oct 30Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₺4.39b (up 11% from 3Q 2024). Net income: ₺824.9m (up 32% from 3Q 2024). Profit margin: 19% (up from 16% in 3Q 2024). The increase in margin was driven by higher revenue.
공고 • Oct 03Aksigorta A.S. to Report Q3, 2025 Results on Oct 27, 2025Aksigorta A.S. announced that they will report Q3, 2025 results on Oct 27, 2025
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ₺0.21 (vs ₺0.23 in 2Q 2024)Second quarter 2025 results: EPS: ₺0.21 (down from ₺0.23 in 2Q 2024). Revenue: ₺3.59b (down 1.6% from 2Q 2024). Net income: ₺336.0m (down 9.9% from 2Q 2024). Profit margin: 9.4% (in line with 2Q 2024). 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 28% per year, which means it is significantly lagging earnings growth.
공고 • Aug 05Aksigorta A.S. to Report Q2, 2025 Results on Aug 04, 2025Aksigorta A.S. announced that they will report Q2, 2025 results on Aug 04, 2025
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₺6.62, the stock trades at a trailing P/E ratio of 5.5x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 407% over the past three years.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₺6.16, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 241% over the past three years.
공고 • Feb 20Aksigorta A.S., Annual General Meeting, Mar 19, 2025Aksigorta A.S., Annual General Meeting, Mar 19, 2025. Location: sabanci center 4. levent 34330, istanbul Turkey
공고 • Feb 03Aksigorta A.S. to Report Q4, 2024 Results on Feb 06, 2025Aksigorta A.S. announced that they will report Q4, 2024 results on Feb 06, 2025
Price Target Changed • Jan 17Price target increased by 7.5% to ₺9.96Up from ₺9.27, the current price target is an average from 3 analysts. New target price is 25% above last closing price of ₺7.99. Stock is up 27% over the past year. The company posted earnings per share of ₺0.71 last year.
Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₺6.39, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 225% over the past three years.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: ₺0.39 (vs ₺0.082 in 3Q 2023)Third quarter 2024 results: EPS: ₺0.39 (up from ₺0.082 in 3Q 2023). Revenue: ₺3.96b (up 50% from 3Q 2023). Net income: ₺625.7m (up 375% from 3Q 2023). Profit margin: 16% (up from 5.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공고 • Oct 01Aksigorta A.S. to Report Q3, 2024 Results on Oct 30, 2024Aksigorta A.S. announced that they will report Q3, 2024 results on Oct 30, 2024
Reported Earnings • Aug 05Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ₺3.73b (up 56% from 2Q 2023). Net income: ₺339.2m (down 25% from 2Q 2023). Profit margin: 9.1% (down from 19% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공고 • Aug 01Aksigorta A.S. to Report Q2, 2024 Results on Aug 01, 2024Aksigorta A.S. announced that they will report Q2, 2024 results on Aug 01, 2024
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₺8.55, the stock trades at a trailing P/E ratio of 11x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 337% over the past three years.
Reported Earnings • May 07First quarter 2024 earnings released: EPS: ₺0.15 (vs ₺0.079 in 1Q 2023)First quarter 2024 results: EPS: ₺0.15 (up from ₺0.079 in 1Q 2023). Revenue: ₺3.17b (up 51% from 1Q 2023). Net income: ₺235.4m (up 85% from 1Q 2023). Profit margin: 7.4% (up from 6.0% 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 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Apr 29Aksigorta A.S. to Report Q1, 2024 Results on May 06, 2024Aksigorta A.S. announced that they will report Q1, 2024 results on May 06, 2024
공고 • Apr 03Aksigorta A.S. to Report March,2024 Results on Apr 15, 2024Aksigorta A.S. announced that they will report March, 2024 results on Apr 15, 2024
공고 • Feb 17Aksigorta A.S., Annual General Meeting, Mar 19, 2024Aksigorta A.S., Annual General Meeting, Mar 19, 2024, at 12:00 Coordinated Universal Time. Location: Sabanci Center 4. Levent 34330 Istanbul Turkey Agenda: To approve the Determination of method of distribution and use of the profit of 2023 and the rates of dividends and profit shares to be distributed; to consider the Election of auditor; to consider the Discussion and approval of the proposed amendment to Article 84 of the Company's Articles of Association; to consider the Discussion and approval of the proposed amendment to the Company's Profit Distribution Policy; to consider the Discussion and approval of authorizing the Board of Directors to distribute interim dividends for the fiscal year 2024; to consider the Presentation of information to General Assembly on donations and grants made during 2023; to consider the Determination of limits of donations to be made by the Company within 2024; to consider the Authorization granted to Chairman and other members of the board for transactions stipulated in Article 395 and 396 of Turkish Commercial Code; and to consider other matters if any.
Reported Earnings • Feb 12Full year 2023 earnings releasedFull year 2023 results: Revenue: ₺9.93b (up 63% from FY 2022). Net income: ₺1.15b (up ₺1.28b from FY 2022). Profit margin: 12% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
공고 • Feb 01Aksigorta A.S. to Report Q4, 2023 Results on Feb 08, 2024Aksigorta A.S. announced that they will report Q4, 2023 results on Feb 08, 2024
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: ₺0.082 (vs ₺0.083 in 3Q 2022)Third quarter 2023 results: EPS: ₺0.082. Revenue: ₺2.66b (up 57% from 3Q 2022). Net income: ₺131.7m (up 158% from 3Q 2022). Profit margin: 4.9% (up from 3.0% in 3Q 2022). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₺6.82, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Insurance industry in Asia. Total returns to shareholders of 258% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.
New Risk • Oct 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 10% 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 Shareholders have been substantially diluted in the past year (163% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
공고 • Oct 01Aksigorta A.S. to Report Q3, 2023 Results on Oct 31, 2023Aksigorta A.S. announced that they will report Q3, 2023 results on Oct 31, 2023
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₺7.75, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Insurance industry in Asia. Total returns to shareholders of 341% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.
Price Target Changed • Sep 27Price target increased by 26% to ₺6.86Up from ₺5.44, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ₺7.19. Stock is up 101% over the past year. The company is forecast to post earnings per share of ₺0.61 next year compared to a net loss per share of ₺0.079 last year.
Price Target Changed • Sep 14Price target increased by 12% to ₺5.74Up from ₺5.14, the current price target is an average from 4 analysts. New target price is 14% below last closing price of ₺6.66. Stock is up 61% over the past year. The company posted a net loss per share of ₺0.079 last year.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₺6.06, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 9x in the Insurance industry in Turkey. Total returns to shareholders of 275% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₺5.09, the stock trades at a trailing P/E ratio of 9.1x. Average forward P/E is 9x in the Insurance industry in Turkey. Total returns to shareholders of 230% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3.34 per share.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: ₺0.28 (vs ₺0.31 loss in 2Q 2022)Second quarter 2023 results: EPS: ₺0.28 (up from ₺0.31 loss in 2Q 2022). Revenue: ₺2.41b (up 142% from 2Q 2022). Net income: ₺454.9m (up ₺646.5m from 2Q 2022). Profit margin: 19% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₺4.99, the stock trades at a trailing P/E ratio of 31.6x. Average forward P/E is 10x in the Insurance industry in Turkey. Total returns to shareholders of 219% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺2.97 per share.
공고 • Aug 01Aksigorta A.S. to Report Q2, 2023 Results on Aug 07, 2023Aksigorta A.S. announced that they will report Q2, 2023 results on Aug 07, 2023
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₺3.13, the stock trades at a trailing P/E ratio of 19.8x. Average forward P/E is 9x in the Insurance industry in Turkey. Total returns to shareholders of 105% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺2.95 per share.
Reported Earnings • May 05First quarter 2023 earnings released: EPS: ₺0.079 (vs ₺0.42 loss in 1Q 2022)First quarter 2023 results: EPS: ₺0.079 (up from ₺0.42 loss in 1Q 2022). Revenue: ₺2.12b (up 109% from 1Q 2022). Net income: ₺127.3m (up ₺381.7m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
Price Target Changed • Feb 19Price target increased by 14% to ₺4.92Up from ₺4.31, the current price target is an average from 3 analysts. New target price is 77% above last closing price of ₺2.78. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₺0.49 next year compared to a net loss per share of ₺0.21 last year.
Reported Earnings • Feb 15Full year 2022 earnings released: ₺0.21 loss per share (vs ₺0.31 profit in FY 2021)Full year 2022 results: ₺0.21 loss per share (down from ₺0.31 profit in FY 2021). Revenue: ₺7.80b (up 96% from FY 2021). Net loss: ₺127.3m (down 167% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Feb 01Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ₺3.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making.
Price Target Changed • Jan 25Price target decreased by 23% to ₺4.31Down from ₺5.59, the current price target is an average from 3 analysts. New target price is 18% above last closing price of ₺3.64. Stock is down 6.1% over the past year. The company is forecast to post a net loss per share of ₺0.13 compared to earnings per share of ₺0.31 last year.
공고 • Jan 01Aksigorta A.S. to Report Q4, 2022 Results on Jan 31, 2023Aksigorta A.S. announced that they will report Q4, 2022 results on Jan 31, 2023
Buying Opportunity • Dec 01Now 21% undervaluedOver the last 90 days, the stock is up 3.0%. The fair value is estimated to be ₺4.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 8 non-independent directors. Independent Director Huseyin Gurer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 06Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: ₺1.72b (up 61% from 3Q 2021). Net income: ₺51.0m (down 18% from 3Q 2021). Profit margin: 3.0% (down from 5.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Price Target Changed • Nov 01Price target increased to ₺5.59Up from ₺5.11, the current price target is an average from 3 analysts. New target price is 116% above last closing price of ₺2.59. Stock is down 26% over the past year. The company posted earnings per share of ₺0.31 last year.
Buying Opportunity • Oct 27Now 55% undervalued after recent price dropOver the last 90 days, the stock is down 9.5%. The fair value is estimated to be ₺5.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 11Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ₺1.01b (up 5.5% from 2Q 2021). Net loss: ₺191.6m (down 305% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 120% compared to a 13% decline forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 10Price target decreased to ₺5.11Down from ₺5.77, the current price target is an average from 2 analysts. New target price is 68% above last closing price of ₺3.03. Stock is down 20% over the past year. The company posted earnings per share of ₺0.31 last year.
Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: ₺0.42 loss per share (down from ₺0.12 profit in 1Q 2021). Revenue: ₺1.02b (up 13% from 1Q 2021). Net loss: ₺254.3m (down 435% from profit in 1Q 2021). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Director Huseyin Gurer was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Apr 15Price target decreased to ₺5.77Down from ₺6.24, the current price target is an average from 2 analysts. New target price is 57% above last closing price of ₺3.67. Stock is down 11% over the past year. The company posted earnings per share of ₺0.31 last year.
Reported Earnings • Feb 10Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: ₺4.02b (up 27% from FY 2020). Net income: ₺189.4m (down 56% from FY 2020). Profit margin: 4.7% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Over the next year, revenue is expected to shrink by 1.4% compared to a 20% decline forecast for the insurance industry in Turkey. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year.
Buying Opportunity • Feb 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be ₺9.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% per annum over the last 3 years. Earnings per share has grown by 17% per annum over the last 3 years.
Price Target Changed • Jan 28Price target increased to ₺12.47Up from ₺10.40, the current price target is an average from 3 analysts. New target price is 58% above last closing price of ₺7.90. Stock is down 17% over the past year. The company is forecast to post earnings per share of ₺1.38 for next year compared to ₺1.41 last year.
Buying Opportunity • Jan 24Now 21% undervaluedOver the last 90 days, the stock is up 9.4%. The fair value is estimated to be ₺9.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% per annum over the last 3 years. Earnings per share has grown by 17% per annum over the last 3 years.
Reported Earnings • Oct 27Third quarter 2021 earnings releasedThe company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₺1.08b (up 37% from 3Q 2020). Net income: ₺61.8m (down 28% from 3Q 2020). Profit margin: 5.7% (down from 11% 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 23% per year whereas the company’s share price has increased by 27% per year.
Upcoming Dividend • Aug 30Inaugural dividend of ₺0.34 per shareEligible shareholders must have bought the stock before 06 September 2021. Payment date: 08 September 2021. The company last paid an ordinary dividend in February 2018. The average dividend yield among industry peers is 3.7%.
Reported Earnings • Aug 11Second quarter 2021 earnings releasedThe company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₺950.2m (up 26% from 2Q 2020). Net income: ₺93.3m (down 45% from 2Q 2020). Profit margin: 9.8% (down from 22% 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 33% per year whereas the company’s share price has increased by 36% per year.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₺8.18, the stock trades at a trailing P/E ratio of 5.8x. Average forward P/E is 11x in the Insurance industry in Turkey. Total returns to shareholders of 209% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺7.75 per share.
Is New 90 Day High Low • Mar 15New 90-day high: ₺10.30The company is up 19% from a price of ₺8.63 on 15 December 2020. Underperformed the Turkish market, which is up 30% over the last 90 days. Exceeded the Insurance industry, which is up 11% over the same period. Simply Wall St's valuation model estimates the intrinsic value at ₺7.75 per share.
공고 • Mar 13Aksigorta A.S., Annual General Meeting, Mar 16, 2021Aksigorta A.S., Annual General Meeting, Mar 16, 2021, at 11:00 Coordinated Universal Time.
Price Target Changed • Feb 25Price target raised to ₺10.99Up from ₺9.94, the current price target is an average from 3 analysts. The new target price is 16% above the current share price of ₺9.45. As of last close, the stock is up 45% over the past year.
Reported Earnings • Feb 03Full year 2020 earnings released: EPS ₺1.41 (vs ₺1.20 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: ₺3.21b (up 20% from FY 2019). Net income: ₺432.3m (up 18% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
공고 • Feb 03Aksigorta A.S. to Report Q4, 2020 Results on Feb 01, 2021Aksigorta A.S. announced that they will report Q4, 2020 results on Feb 01, 2021
Major Estimate Revision • Jan 19Analysts update estimatesThe 2020 consensus revenue estimate increased from ₺2.68b to ₺3.86b. Earning per share (EPS) estimate was unchanged from the last update at ₺1.62. The Insurance industry in Turkey is expected to see an average net income growth of 13% next year. The consensus price target increased from ₺9.94 to ₺10.37. Share price is up 2.9% to ₺9.94 over the past week.
Price Target Changed • Jan 18Price target raised to ₺10.37Up from ₺9.49, the current price target is an average from 3 analysts. The new target price is close to the current share price of ₺9.99. As of last close, the stock is up 48% over the past year.
Is New 90 Day High Low • Jan 04New 90-day high: ₺9.87The company is up 28% from its price of ₺7.74 on 06 October 2020. The Turkish market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺6.59 per share.
Is New 90 Day High Low • Dec 14New 90-day high: ₺8.42The company is up 17% from its price of ₺7.17 on 15 September 2020. The Turkish market is up 20% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Insurance industry, which is also up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺6.59 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₺451.9m, up 40% from the prior year. Total revenue was ₺3.04b over the last 12 months, up 17% from the prior year.
Is New 90 Day High Low • Oct 15New 90-day high: ₺8.37The company is up 5.0% from its price of ₺7.94 on 17 July 2020. The Turkish market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺4.67 per share.
공고 • Oct 13Aksigorta A.S. to Report Q3, 2020 Results on Oct 26, 2020Aksigorta A.S. announced that they will report Q3, 2020 results on Oct 26, 2020