PARSN Stock Overview
Parsan Makina Parçalari Sanayii A.S. produces and sells forging parts and components for light, medium, and heavy vehicle manufacturers in Turkey.
Parsan Makina Parçalari Sanayii Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₺42.28|
|52 Week High||₺41.00|
|52 Week Low||₺26.00|
|1 Month Change||28.12%|
|3 Month Change||16.15%|
|1 Year Change||47.11%|
|3 Year Change||203.30%|
|5 Year Change||292.57%|
|Change since IPO||3,604,333.08%|
Recent News & Updates
|PARSN||TR Auto Components||TR Market|
Return vs Industry: PARSN underperformed the TR Auto Components industry which returned 60.1% over the past year.
Return vs Market: PARSN underperformed the TR Market which returned 74.3% over the past year.
|PARSN Average Weekly Movement||5.8%|
|Auto Components Industry Average Movement||5.5%|
|Market Average Movement||5.9%|
|10% most volatile stocks in TR Market||8.9%|
|10% least volatile stocks in TR Market||4.2%|
Stable Share Price: PARSN is not significantly more volatile than the rest of TR stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PARSN's weekly volatility (6%) has been stable over the past year.
About the Company
Parsan Makina Parçalari Sanayii A.S. produces and sells forging parts and components for light, medium, and heavy vehicle manufacturers in Turkey. The company offers body parts, including rear axle shafts, front axle beams, and front axle assemblies; and engine parts, such as crankshafts, camshafts, forged pistons, steering knuckles, rods, pinion forgings, various gear forgings, spider gears, slip shafts, and other products and assemblies. It serves automotive, agricultural and construction equipment, aerospace, railway, and other industries.
Parsan Makina Parçalari Sanayii Fundamentals Summary
|PARSN fundamental statistics|
Is PARSN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PARSN income statement (TTM)|
|Cost of Revenue||₺1.07b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||3.03|
|Net Profit Margin||16.60%|
How did PARSN perform over the long term?See historical performance and comparison
Is PARSN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PARSN?
Other financial metrics that can be useful for relative valuation.
|What is PARSN's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PARSN's PE Ratio compare to its peers?
|PARSN PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
BFREN Bosch Fren Sistemleri Sanayi ve Ticaret
FMIZP Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri
DOKTA Döktas Dökümcülük Ticaret ve Sanayi
EGEEN Ege Endüstri ve Ticaret
PARSN Parsan Makina Parçalari Sanayii
Price-To-Earnings vs Peers: PARSN is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (31.4x).
Price to Earnings Ratio vs Industry
How does PARSN's PE Ratio compare vs other companies in the Asian Auto Components Industry?
Price-To-Earnings vs Industry: PARSN is expensive based on its Price-To-Earnings Ratio (14x) compared to the TR Auto Components industry average (13.5x)
Price to Earnings Ratio vs Fair Ratio
What is PARSN'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.
|Current PE Ratio||14x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PARSN's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of PARSN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate PARSN's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate PARSN's fair value for valuation analysis.
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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How is Parsan Makina Parçalari Sanayii forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Parsan Makina Parçalari Sanayii 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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- Take a look at our analysis of PARSN’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.
How has Parsan Makina Parçalari Sanayii performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PARSN has high quality earnings.
Growing Profit Margin: PARSN's current net profit margins (16.6%) are lower than last year (23.8%).
Past Earnings Growth Analysis
Earnings Trend: PARSN has become profitable over the past 5 years, growing earnings by 66.5% per year.
Accelerating Growth: PARSN's earnings growth over the past year (40.5%) is below its 5-year average (66.5% per year).
Earnings vs Industry: PARSN earnings growth over the past year (40.5%) underperformed the Auto Components industry 78.9%.
Return on Equity
High ROE: PARSN's Return on Equity (15%) is considered low.
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How is Parsan Makina Parçalari Sanayii's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PARSN's short term assets (TRY1.0B) do not cover its short term liabilities (TRY1.6B).
Long Term Liabilities: PARSN's short term assets (TRY1.0B) exceed its long term liabilities (TRY992.4M).
Debt to Equity History and Analysis
Debt Level: PARSN's net debt to equity ratio (99.7%) is considered high.
Reducing Debt: PARSN's debt to equity ratio has increased from 89.8% to 102.9% over the past 5 years.
Debt Coverage: PARSN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PARSN earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Parsan Makina Parçalari Sanayii current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PARSN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PARSN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PARSN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PARSN's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PARSN has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tevfik Yamantürk (66 yo)
Mr. Tevfik Yamantürk has been Chairman of the Board and Chief Executive Officer at Parsan Makina Parcalari Sanayii AS since May 3, 2016. Mr. Yamantürk serves as Chairman of Döktas Dökümcülük Ticaret ve San...
Experienced Board: PARSN's board of directors are considered experienced (5.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Parsan Makina Parçalari Sanayii A.S.'s employee growth, exchange listings and data sources
- Name: Parsan Makina Parçalari Sanayii A.S.
- Ticker: PARSN
- Exchange: IBSE
- Founded: 1968
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: ₺3.161b
- Shares outstanding: 77.10m
- Website: https://www.parsan.com
Number of Employees
- Parsan Makina Parçalari Sanayii A.S.
- Levent Mahallesi Tekirler Sokak No:10
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/09 00:00|
|End of Day Share Price||2022/08/09 00:00|
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.