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DITA

Ditas Dogan Yedek Parça Imalat ve Teknik IBSE:DITAS Stock Report

Last Price

₺25.28

Market Cap

₺657.3m

7D

5.6%

1Y

50.1%

Updated

08 Aug, 2022

Data

Company Financials
DITAS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

DITAS Stock Overview

Ditas Dogan Yedek Parça Imalat ve Teknik A.S.

Ditas Dogan Yedek Parça Imalat ve Teknik Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ditas Dogan Yedek Parça Imalat ve Teknik
Historical stock prices
Current Share Price₺25.28
52 Week High₺33.52
52 Week Low₺14.73
Beta1.1
1 Month Change9.72%
3 Month Change2.60%
1 Year Change50.12%
3 Year Change380.61%
5 Year Change265.32%
Change since IPO77,500.76%

Recent News & Updates

Shareholder Returns

DITASTR Auto ComponentsTR Market
7D5.6%7.3%4.7%
1Y50.1%60.1%74.3%

Return vs Industry: DITAS underperformed the TR Auto Components industry which returned 57.9% over the past year.

Return vs Market: DITAS underperformed the TR Market which returned 70.2% over the past year.

Price Volatility

Is DITAS's price volatile compared to industry and market?
DITAS volatility
DITAS Average Weekly Movement4.8%
Auto Components Industry Average Movement5.5%
Market Average Movement5.9%
10% most volatile stocks in TR Market8.9%
10% least volatile stocks in TR Market4.2%

Stable Share Price: DITAS is less volatile than 75% of TR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DITAS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972609Osman Severhttps://www.ditas.com.tr

Ditas Dogan Yedek Parça Imalat ve Teknik A.S. manufactures and sells vehicle steering and suspension parts to vehicle manufacturers in Turkey and internationally. It offers rod ends, tie rods, torque and V-torque rods, idler arms, axial joints, pitman arms, drag links, ball joints, track control arms, and stabilizer links. The company was founded in 1972 and is based in Nigde, Turkey.

Ditas Dogan Yedek Parça Imalat ve Teknik Fundamentals Summary

How do Ditas Dogan Yedek Parça Imalat ve Teknik's earnings and revenue compare to its market cap?
DITAS fundamental statistics
Market Cap₺657.28m
Earnings (TTM)₺22.46m
Revenue (TTM)₺361.34m

29.3x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DITAS income statement (TTM)
Revenue₺361.34m
Cost of Revenue₺271.71m
Gross Profit₺89.63m
Other Expenses₺67.17m
Earnings₺22.46m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.86
Gross Margin24.80%
Net Profit Margin6.22%
Debt/Equity Ratio142.7%

How did DITAS perform over the long term?

See historical performance and comparison

Dividends

0.09%

Current Dividend Yield

2%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is DITAS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DITAS?

Other financial metrics that can be useful for relative valuation.

DITAS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.3x
Enterprise Value/EBITDA18.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does DITAS's PE Ratio compare to its peers?

DITAS PE Ratio vs Peers
The above table shows the PE ratio for DITAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average32.6x
FMIZP Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri
21.5xn/a₺1.8b
PARSN Parsan Makina Parçalari Sanayii
13.5xn/a₺3.2b
BFREN Bosch Fren Sistemleri Sanayi ve Ticaret
76xn/a₺2.9b
DOKTA Döktas Dökümcülük Ticaret ve Sanayi
19.5xn/a₺5.6b
DITAS Ditas Dogan Yedek Parça Imalat ve Teknik
29.3xn/a₺657.3m

Price-To-Earnings vs Peers: DITAS is good value based on its Price-To-Earnings Ratio (29.3x) compared to the peer average (32.6x).


Price to Earnings Ratio vs Industry

How does DITAS's PE Ratio compare vs other companies in the Asian Auto Components Industry?

Price-To-Earnings vs Industry: DITAS is expensive based on its Price-To-Earnings Ratio (29.3x) compared to the TR Auto Components industry average (12.3x)


Price to Earnings Ratio vs Fair Ratio

What is DITAS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DITAS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DITAS's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of DITAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DITAS (TRY25.28) is trading above our estimate of fair value (TRY0.14)

Significantly Below Fair Value: DITAS is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Ditas Dogan Yedek Parça Imalat ve Teknik forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.6%

Forecasted Automobiles industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ditas Dogan Yedek Parça Imalat ve Teknik has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of DITAS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Ditas Dogan Yedek Parça Imalat ve Teknik performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


50.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DITAS has a high level of non-cash earnings.

Growing Profit Margin: DITAS's current net profit margins (6.2%) are lower than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: DITAS has become profitable over the past 5 years, growing earnings by 50.1% per year.

Accelerating Growth: DITAS's earnings growth over the past year (18.5%) is below its 5-year average (50.1% per year).

Earnings vs Industry: DITAS earnings growth over the past year (18.5%) underperformed the Auto Components industry 78.9%.


Return on Equity

High ROE: Whilst DITAS's Return on Equity (23.36%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Ditas Dogan Yedek Parça Imalat ve Teknik's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DITAS's short term assets (TRY298.8M) exceed its short term liabilities (TRY258.2M).

Long Term Liabilities: DITAS's short term assets (TRY298.8M) exceed its long term liabilities (TRY101.9M).


Debt to Equity History and Analysis

Debt Level: DITAS's net debt to equity ratio (124.3%) is considered high.

Reducing Debt: DITAS's debt to equity ratio has increased from 131.4% to 142.7% over the past 5 years.

Debt Coverage: DITAS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: DITAS's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


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Dividend

What is Ditas Dogan Yedek Parça Imalat ve Teknik current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.091%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: DITAS's dividend (0.091%) isn’t notable compared to the bottom 25% of dividend payers in the TR market (0.69%).

High Dividend: DITAS's dividend (0.091%) is low compared to the top 25% of dividend payers in the TR market (3.42%).


Stability and Growth of Payments

Stable Dividend: DITAS is not paying a notable dividend for the TR market, therefore no need to check if payments are stable.

Growing Dividend: DITAS is not paying a notable dividend for the TR market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: DITAS is not paying a notable dividend for the TR market.


Cash Payout to Shareholders

Cash Flow Coverage: DITAS is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Osman Sever

3.58yrs

Tenure

Mr. Osman Zeki Sever serves as President of Executive Board and General Manager of Ditas Dogan Yedek Parça Imalat ve Teknik A.S. since 2019. Mr. Sever has been a Director of Çelik Halat ve Tel Sanayii A.S...


Leadership Team

Experienced Management: DITAS's management team is considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ditas Dogan Yedek Parça Imalat ve Teknik A.S.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ditas Dogan Yedek Parça Imalat ve Teknik A.S.
  • Ticker: DITAS
  • Exchange: IBSE
  • Founded: 1972
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: ₺657.280m
  • Shares outstanding: 26.00m
  • Website: https://www.ditas.com.tr

Number of Employees


Location

  • Ditas Dogan Yedek Parça Imalat ve Teknik A.S.
  • Kayseri Yolu 3.km
  • Nigde
  • 51100
  • Turkey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/08 00:00
End of Day Share Price2022/08/08 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.