Tofas Türk Otomobil Fabrikasi Anonim Sirketi Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Cengiz Eroldu

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	9.8yrs
CEO ownership	n/a
Management average tenure	8.3yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO

Cengiz Eroldu

9.8yrs

Tenure

Mr. Cengiz Eroldu has been the Chief Executive Officer of TOFAS Turk Otomobil Fabrikasi A.S. since January 2015. Mr. Eroldu served as the Chief Financial Officer of TOFAS Turk Otomobil Fabrikasi A.S. until...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Cengiz Eroldu	CEO & Executive Non-Independent Director	9.8yrs	no data	no data
Fabrizio Renzi	CFO & Financial Director	6.8yrs	no data	no data
Devran Aydin	Accounting Manager & Investor Relations Executive	no data	no data	no data
Omer Cetinoglu	Information & Communication Technologies Director	8.3yrs	no data	no data
Mehmet Agyüz	Financial Risk & Investor Relations Manager	no data	no data	no data
Arzu Yazgan	Corporate Communications Director	12.8yrs	no data	no data
Mahmut Karacan	Sales Director	9.3yrs	no data	no data
Orcun Sarica	Human Resources Director	3.8yrs	no data	no data
Kudret Önen	Non-Independent Director	less than a year	no data	no data

8.3yrs

Average Tenure

Experienced Management: TOASO's management team is seasoned and experienced (8.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Cengiz Eroldu	CEO & Executive Non-Independent Director	9.8yrs	no data	no data
Kudret Önen	Non-Independent Director	less than a year	no data	no data
Sergio Duca	Independent Director	6.7yrs	no data	no data
Omer Koc	Chairman	8.6yrs	no data	0.039% TRY 38.7m
Gianni Coda	Director	less than a year	no data	no data
Samir Cherfan	Vice Chairman of the Board	3yrs	no data	no data
Giorgio Fossati	Non-Independent Director	8.8yrs	no data	no data
Polat Sen	Director	1.8yrs	no data	no data
Ilker Erden	Director	less than a year	no data	no data

3.0yrs

Average Tenure

67yo

Average Age

Experienced Board: TOASO's board of directors are considered experienced (3 years average tenure).

Tofas Türk Otomobil Fabrikasi Anonim Sirketi Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Tofas Türk Otomobil Fabrikasi Anonim Sirketi, Annual General Meeting, Mar 28, 2024

Recent updates

Now 20% overvalued

Third quarter 2024 earnings released: EPS: ₺0.62 (vs ₺10.19 in 3Q 2023)

New minor risk - Profit margin trend

Consensus EPS estimates increase by 25%, revenue downgraded

Now 23% overvalued

New major risk - Dividend sustainability

Second quarter 2024 earnings released

Tofas Türk Otomobil Fabrikasi Anonim Sirketi to Report Q2, 2024 Results on Aug 01, 2024

Less than half of directors are independent

Consensus EPS estimates fall by 21%

First quarter 2024 earnings released

Upcoming dividend of ₺20.00 per share

Tofas Türk Otomobil Fabrikasi Anonim Sirketi, Annual General Meeting, Mar 28, 2024

Consensus revenue estimates increase by 36%

Full year 2023 earnings released: EPS: ₺30.17 (vs ₺17.12 in FY 2022)

Tofas Türk Otomobil Fabrikasi Anonim Sirketi to Report Fiscal Year 2023 Results on Feb 13, 2024

Consensus EPS estimates increase by 16%

Third quarter 2023 earnings released

Consensus revenue estimates increase by 13%

New minor risk - Dividend sustainability

Second quarter 2023 earnings released

Price target increased by 7.1% to ₺285

Price target increased by 7.4% to ₺279

Investor sentiment improves as stock rises 18%

First quarter 2023 earnings: Revenues miss analyst expectations

Price target increased by 12% to ₺222

Price target increased by 12% to ₺201

Upcoming dividend of ₺6.00 per share at 3.3% yield

Price target increased by 10% to ₺191

Investor sentiment improves as stock rises 22%

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased by 7.1% to ₺153

Price target increased to ₺142

Investor sentiment improved over the past week

Price target increased to ₺138

Consensus EPS estimates increase by 20%

Third quarter 2022 earnings released

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: ₺3.75 (vs ₺1.73 in 2Q 2021)

Investor sentiment deteriorated over the past week

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ₺6.40 per share

Price target increased to ₺98.77

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased to ₺91.75

Price target increased to ₺82.85

Price target increased to ₺78.85

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Price target increased to ₺72.88

Investor sentiment improved over the past week

Price target increased to ₺62.57

Price target increased to ₺60.57

Third quarter 2021 earnings released: EPS ₺1.16 (vs ₺1.02 in 3Q 2020)

Price target increased to ₺52.23

Price target increased to ₺50.02

Investor sentiment improved over the past week

Consensus EPS estimates increase to ₺5.61

Investor sentiment improved over the past week

Second quarter 2021 earnings released

First quarter 2021 earnings released: EPS ₺1.23 (vs ₺0.69 in 1Q 2020)

Investor sentiment deteriorated over the past week

Upcoming Dividend of ₺3.00 Per Share

New 90-day high: ₺39.08

Price target raised to ₺40.52

Revenue beats expectations, earnings disappoint

Full year 2020 earnings released

New 90-day high: ₺39.00

New 90-day high: ₺32.84

New 90-day high: ₺30.86

New 90-day high: ₺29.22

Analysts increase EPS estimates to ₺3.49