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EGEE

Ege Endüstri ve Ticaret IBSE:EGEEN Stock Report

Last Price

₺2.30k

Market Cap

₺7.2b

7D

3.1%

1Y

75.8%

Updated

10 Aug, 2022

Data

Company Financials
EGEEN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

EGEEN Stock Overview

Ege Endüstri ve Ticaret A.S. develops, manufactures, and sells axle and axle parts for the automotive industry in Turkey and internationally.

Ege Endüstri ve Ticaret Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ege Endüstri ve Ticaret
Historical stock prices
Current Share Price₺2,300.00
52 Week High₺2,582.50
52 Week Low₺1,080.00
Beta1.12
1 Month Change5.51%
3 Month Change30.65%
1 Year Change75.84%
3 Year Change378.17%
5 Year Change791.13%
Change since IPO6,835,779.45%

Recent News & Updates

Shareholder Returns

EGEENTR Auto ComponentsTR Market
7D3.1%3.0%3.2%
1Y75.8%63.7%77.4%

Return vs Industry: EGEEN exceeded the TR Auto Components industry which returned 63.7% over the past year.

Return vs Market: EGEEN underperformed the TR Market which returned 77.4% over the past year.

Price Volatility

Is EGEEN's price volatile compared to industry and market?
EGEEN volatility
EGEEN Average Weekly Movement7.0%
Auto Components Industry Average Movement5.6%
Market Average Movement5.9%
10% most volatile stocks in TR Market8.9%
10% least volatile stocks in TR Market4.1%

Stable Share Price: EGEEN is not significantly more volatile than the rest of TR stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: EGEEN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1964590Ayhan Özelhttps://www.egeendustri.com.tr

Ege Endüstri ve Ticaret A.S. develops, manufactures, and sells axle and axle parts for the automotive industry in Turkey and internationally. It offers differential sleeves, bellows carriers, independent suspension front axle systems, and other axles components, as well as complete rear, additional, trailer, directional additional, and front axles. The company was founded in 1964 and is based in Izmir, Turkey.

Ege Endüstri ve Ticaret Fundamentals Summary

How do Ege Endüstri ve Ticaret's earnings and revenue compare to its market cap?
EGEEN fundamental statistics
Market Cap₺7.24b
Earnings (TTM)₺724.06m
Revenue (TTM)₺1.34b

10.0x

P/E Ratio

5.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EGEEN income statement (TTM)
Revenue₺1.34b
Cost of Revenue₺780.95m
Gross Profit₺562.41m
Other Expenses-₺161.65m
Earnings₺724.06m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)229.86
Gross Margin41.87%
Net Profit Margin53.90%
Debt/Equity Ratio16.0%

How did EGEEN perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

31%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 EGEEN?

Other financial metrics that can be useful for relative valuation.

EGEEN 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/Revenue5.3x
Enterprise Value/EBITDA14.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

EGEEN PE Ratio vs Peers
The above table shows the PE ratio for EGEEN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average32.5x
DOKTA Döktas Dökümcülük Ticaret ve Sanayi
18.9xn/a₺5.4b
BFREN Bosch Fren Sistemleri Sanayi ve Ticaret
76.4xn/a₺2.9b
PARSN Parsan Makina Parçalari Sanayii
13.8xn/a₺3.2b
FMIZP Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri
21xn/a₺1.7b
EGEEN Ege Endüstri ve Ticaret
10xn/a₺7.2b

Price-To-Earnings vs Peers: EGEEN is good value based on its Price-To-Earnings Ratio (10x) compared to the peer average (32.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: EGEEN is good value based on its Price-To-Earnings Ratio (10x) compared to the TR Auto Components industry average (14x)


Price to Earnings Ratio vs Fair Ratio

What is EGEEN'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.

EGEEN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: EGEEN (TRY2300) is trading above our estimate of fair value (TRY451.37)

Significantly Below Fair Value: EGEEN 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 Ege Endüstri ve Ticaret 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


24.5%

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 Ege Endüstri ve Ticaret 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.


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Past Performance

How has Ege Endüstri ve Ticaret performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


25.4%

Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: EGEEN's current net profit margins (53.9%) are lower than last year (54.2%).


Past Earnings Growth Analysis

Earnings Trend: EGEEN's earnings have grown significantly by 25.4% per year over the past 5 years.

Accelerating Growth: EGEEN's earnings growth over the past year (140.2%) exceeds its 5-year average (25.4% per year).

Earnings vs Industry: EGEEN earnings growth over the past year (140.2%) exceeded the Auto Components industry 78.9%.


Return on Equity

High ROE: EGEEN's Return on Equity (66.6%) is considered outstanding.


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Financial Health

How is Ege Endüstri ve Ticaret's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EGEEN's short term assets (TRY1.3B) exceed its short term liabilities (TRY600.4M).

Long Term Liabilities: EGEEN's short term assets (TRY1.3B) exceed its long term liabilities (TRY147.9M).


Debt to Equity History and Analysis

Debt Level: EGEEN has more cash than its total debt.

Reducing Debt: EGEEN's debt to equity ratio has increased from 13.1% to 16% over the past 5 years.

Debt Coverage: EGEEN's debt is well covered by operating cash flow (45.3%).

Interest Coverage: EGEEN earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Ege Endüstri ve Ticaret current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.13%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: EGEEN's dividend (3.13%) is higher than the bottom 25% of dividend payers in the TR market (0.69%).

High Dividend: EGEEN's dividend (3.13%) is low compared to the top 25% of dividend payers in the TR market (3.3%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, EGEEN has been paying a dividend for less than 10 years.

Growing Dividend: EGEEN's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.3%), EGEEN's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (494.5%), EGEEN's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

9.9yrs

Average board tenure


CEO

Ayhan Özel

no data

Tenure

Mr. Ayhan Özel serves as General Manager at Ege Endüstri ve Ticaret A.S.


Board Members

Experienced Board: EGEEN's board of directors are considered experienced (9.9 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

Ege Endüstri ve Ticaret A.S.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ege Endüstri ve Ticaret A.S.
  • Ticker: EGEEN
  • Exchange: IBSE
  • Founded: 1964
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: ₺7.245b
  • Shares outstanding: 3.15m
  • Website: https://www.egeendustri.com.tr

Number of Employees


Location

  • Ege Endüstri ve Ticaret A.S.
  • Kemalpasa Caddesi No: 280
  • Pinarbasi
  • Izmir
  • 35060
  • Turkey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/10 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.