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TTRA

Türk Traktör ve Ziraat MakineleriIBSE:TTRAK Stock Report

Last Price

₺224.20

Market Cap

₺12.0b

7D

-5.4%

1Y

18.8%

Updated

21 Jan, 2022

Data

Company Financials +
TTRAK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance5/6
Financial Health6/6
Dividends0/6

TTRAK Stock Overview

Türk Traktör ve Ziraat Makineleri A.S. manufactures and sells farm tractors, harvesters, and other agricultural machineries and equipment.

Price History & Performance

Summary of all time highs, changes and price drops for Türk Traktör ve Ziraat Makineleri
Historical stock prices
Current Share Price₺224.20
52 Week High₺257.90
52 Week Low₺149.10
Beta1.82
1 Month Change17.57%
3 Month Change30.35%
1 Year Change18.81%
3 Year Change502.04%
5 Year Change184.88%
Change since IPO2,830.72%

Recent News & Updates

Shareholder Returns

TTRAKTR MachineryTR Market
7D-5.4%-2.0%-3.0%
1Y18.8%-3.2%-10.2%

Return vs Industry: TTRAK exceeded the TR Machinery industry which returned -2.8% over the past year.

Return vs Market: TTRAK exceeded the TR Market which returned -9.9% over the past year.

Price Volatility

Is TTRAK's price volatile compared to industry and market?
TTRAK volatility
TTRAK Average Weekly Movement7.0%
Machinery Industry Average Movement7.0%
Market Average Movement7.0%
10% most volatile stocks in TR Market10.2%
10% least volatile stocks in TR Market5.3%

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

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

About the Company

FoundedEmployeesCEOWebsite
19542,678Ibrahim Ozunerhttps://www.turktraktor.com.tr

Türk Traktör ve Ziraat Makineleri A.S. manufactures and sells farm tractors, harvesters, and other agricultural machineries and equipment. The company also offers construction equipment, such as skid steer loaders, backhoe loaders, compact wheel loaders, wheel loaders, mini excavators, crawler excavators, and telehandlers. It offers tractors under the New Holland, Case IH, and Steyr brand names.

Türk Traktör ve Ziraat Makineleri Fundamentals Summary

How do Türk Traktör ve Ziraat Makineleri's earnings and revenue compare to its market cap?
TTRAK fundamental statistics
Market Cap₺11.97b
Earnings (TTM)₺1.25b
Revenue (TTM)₺10.48b

9.6x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TTRAK income statement (TTM)
Revenue₺10.48b
Cost of Revenue₺8.48b
Gross Profit₺2.01b
Expenses₺761.87m
Earnings₺1.25b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)23.35
Gross Margin19.15%
Net Profit Margin11.89%
Debt/Equity Ratio78.0%

How did TTRAK perform over the long term?

See historical performance and comparison

Dividends

0.07%

Current Dividend Yield

0.682%

Payout Ratio

Valuation

Is Türk Traktör ve Ziraat Makineleri undervalued compared to its fair value and its price relative to the market?

9.6x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TTRAK (TRY224.2) is trading above our estimate of fair value (TRY212.97)

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


Price To Earnings Ratio

PE vs Industry: TTRAK is good value based on its PE Ratio (9.6x) compared to the TR Machinery industry average (22.2x).

PE vs Market: TTRAK is good value based on its PE Ratio (9.6x) compared to the TR market (15x).


Price to Earnings Growth Ratio

PEG Ratio: TTRAK is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: TTRAK is overvalued based on its PB Ratio (8.4x) compared to the TR Machinery industry average (4.2x).


Future Growth

How is Türk Traktör ve Ziraat Makineleri forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

13.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TTRAK's forecast earnings growth (13.8% per year) is above the savings rate (9.1%).

Earnings vs Market: TTRAK's earnings (13.8% per year) are forecast to grow slower than the TR market (18% per year).

High Growth Earnings: TTRAK's earnings are forecast to grow, but not significantly.

Revenue vs Market: TTRAK's revenue (30.1% per year) is forecast to grow faster than the TR market (18% per year).

High Growth Revenue: TTRAK's revenue (30.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TTRAK's Return on Equity is forecast to be very high in 3 years time (70%).


Past Performance

How has Türk Traktör ve Ziraat Makineleri performed over the past 5 years?

30.0%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: TTRAK's current net profit margins (11.9%) are higher than last year (8.8%).


Past Earnings Growth Analysis

Earnings Trend: TTRAK's earnings have grown significantly by 30% per year over the past 5 years.

Accelerating Growth: TTRAK's earnings growth over the past year (190.7%) exceeds its 5-year average (30% per year).

Earnings vs Industry: TTRAK earnings growth over the past year (190.7%) exceeded the Machinery industry 154.2%.


Return on Equity

High ROE: TTRAK's Return on Equity (87.1%) is considered outstanding.


Financial Health

How is Türk Traktör ve Ziraat Makineleri's financial position?


Financial Position Analysis

Short Term Liabilities: TTRAK's short term assets (TRY3.5B) exceed its short term liabilities (TRY2.5B).

Long Term Liabilities: TTRAK's short term assets (TRY3.5B) exceed its long term liabilities (TRY662.1M).


Debt to Equity History and Analysis

Debt Level: TTRAK's net debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: TTRAK's debt to equity ratio has reduced from 154% to 78% over the past 5 years.

Debt Coverage: TTRAK's debt is well covered by operating cash flow (84%).

Interest Coverage: TTRAK's interest payments on its debt are well covered by EBIT (6.5x coverage).


Balance Sheet


Dividend

What is Türk Traktör ve Ziraat Makineleri current dividend yield, its reliability and sustainability?

0.071%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TTRAK's dividend (0.071%) isn’t notable compared to the bottom 25% of dividend payers in the TR market (0.7%).

High Dividend: TTRAK's dividend (0.071%) is low compared to the top 25% of dividend payers in the TR market (2.44%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: TTRAK is not paying a notable dividend for the TR market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TTRAK's dividend in 3 years as they are not forecast to pay a notable one for the TR market.


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Ibrahim Ozuner

3yrs

Tenure

Mr. Ibrahim Aykut Ozuner has been General Manager and Chief Executive Officer at Türk Traktör ve Ziraat Makineleri A.S., since January 1, 2019 and its Executive Director March 12, 2019. He started his busi...


Leadership Team

Experienced Management: TTRAK's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: TTRAK's board of directors are considered experienced (3.8 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

Türk Traktör ve Ziraat Makineleri A.S.'s employee growth, exchange listings and data sources


Key Information

  • Name: Türk Traktör ve Ziraat Makineleri A.S.
  • Ticker: TTRAK
  • Exchange: IBSE
  • Founded: 1954
  • Industry: Agricultural and Farm Machinery
  • Sector: Capital Goods
  • Implied Market Cap: ₺11.965b
  • Shares outstanding: 53.37m
  • Website: https://www.turktraktor.com.tr

Number of Employees


Location

  • Türk Traktör ve Ziraat Makineleri A.S.
  • Gazi Mahallesi Anadolu Bulvari No:52–52A
  • Yenimahalle
  • Ankara
  • 6560
  • Turkey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 21:21
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.