Vestel Beyaz Esya Sanayi ve Ticaret (IBSE:VESBE) - Stock Price, News & Analysis

VESBE Stock Overview

Vestel Beyaz Esya Sanayi ve Ticaret A.S. engages in the production and sale of white goods in Turkey and rest of Europe.

About the company

VESBE fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	5/6
Past Performance	6/6
Financial Health	6/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (7.3x) is below the TR market (15.8x)

Earnings are forecast to grow 22.27% per year

Earnings grew by 2130.7% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 35.4%

Risk Analysis

Dividend of 1.02% is not well covered by cash flows

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Competitors

Arçelik Anonim Sirketi

IBSE:ARCLK

₺97.7b

Arzum Elektrikli Ev Aletleri Sanayi ve Ticaret

IBSE:ARZUM

₺1.5b

Ihlas Ev Aletleri Imalat Sanayi ve Ticaret

IBSE:IHEVA

₺784.2m

Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi

IBSE:VESTL

₺29.1b

Price History & Performance

Summary of all time highs, changes and price drops for Vestel Beyaz Esya Sanayi ve Ticaret
Historical stock prices
Current Share Price	₺21.56
52 Week High	₺23.26
52 Week Low	₺9.75
Beta	1.2
1 Month Change	9.33%
3 Month Change	29.26%
1 Year Change	92.84%
3 Year Change	237.78%
5 Year Change	867.28%
Change since IPO	5,573.70%

Recent updates

Shareholder Returns

	VESBE	TR Consumer Durables	TR Market
7D	-1.6%	0.9%	2.3%
1Y	92.8%	68.5%	122.6%

Return vs Industry: VESBE exceeded the TR Consumer Durables industry which returned 68.5% over the past year.

Return vs Market: VESBE underperformed the TR Market which returned 122.6% over the past year.

Price Volatility

Is VESBE's price volatile compared to industry and market?
VESBE volatility
VESBE Average Weekly Movement	6.8%
Consumer Durables Industry Average Movement	8.8%
Market Average Movement	7.7%
10% most volatile stocks in TR Market	11.9%
10% least volatile stocks in TR Market	5.6%

Stable Share Price: VESBE's share price has been volatile over the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
1997	9,171	Ergun Guler	vesbe.vestelyatirimciiliskileri.com

Vestel Beyaz Esya Sanayi ve Ticaret A.S. engages in the production and sale of white goods in Turkey and rest of Europe. It produces refrigerators, freezers, washing machines, dryers, cooking appliances, dishwashers, air-conditioners, and water heaters. The company also exports its products.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Fundamentals Summary

How do Vestel Beyaz Esya Sanayi ve Ticaret's earnings and revenue compare to its market cap?
VESBE fundamental statistics
Market cap	₺34.69b
Earnings (TTM)	₺4.72b
Revenue (TTM)	₺61.07b

7.3x

P/E Ratio

0.6x

P/S Ratio

Is VESBE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VESBE income statement (TTM)
Revenue	₺61.07b
Cost of Revenue	₺51.09b
Gross Profit	₺9.97b
Other Expenses	₺5.25b
Earnings	₺4.72b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.95
Gross Margin	16.33%
Net Profit Margin	7.74%
Debt/Equity Ratio	36.4%

How did VESBE perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

10%

Payout Ratio

VESBE Stock Overview

Rewards

Risk Analysis

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Competitors

IBSE:ARCLK

₺97.7b

IBSE:ARZUM

₺1.5b

IBSE:IHEVA

₺784.2m

IBSE:VESTL

₺29.1b

Price History & Performance

Recent News & Updates

Full year 2023 earnings released

Consensus EPS estimates increase by 28%

Investor sentiment improves as stock rises 15%

Now 21% undervalued

Consensus EPS estimates increase by 19%

Third quarter 2023 earnings released: EPS: ₺1.56 (vs ₺0.11 in 3Q 2022)

Recent updates

Full year 2023 earnings released

Consensus EPS estimates increase by 28%

Investor sentiment improves as stock rises 15%

Now 21% undervalued

Consensus EPS estimates increase by 19%

Third quarter 2023 earnings released: EPS: ₺1.56 (vs ₺0.11 in 3Q 2022)

Consensus EPS estimates fall by 11%

Price target increased by 27% to ₺20.65

Second quarter 2023 earnings released: EPS: ₺0.37 (vs ₺0.43 in 2Q 2022)

Consensus EPS estimates fall by 21%, revenue upgraded

Upcoming dividend of ₺0.22 per share at 1.5% yield

Consensus revenue estimates increase by 12%

New major risk - Financial position

First quarter 2023 earnings released: EPS: ₺0.26 (vs ₺0.36 in 1Q 2022)

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment deteriorates as stock falls 18%

Price target increased by 16% to ₺15.29

Now 23% undervalued

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Consensus forecasts updated

Third quarter 2022 earnings released: EPS: ₺0.11 (vs ₺0.17 in 3Q 2021)

Second quarter 2022 earnings released: EPS: ₺0.43 (vs ₺0.32 in 2Q 2021)

Upcoming dividend of ₺0.44 per share

Now 23% undervalued

Price target increased to ₺11.74

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Consensus forecasts updated

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Price target increased to ₺9.41

Third quarter 2021 earnings released: EPS ₺1.46 (vs ₺1.89 in 3Q 2020)

Consensus EPS estimates increase to ₺7.34

Second quarter 2021 earnings released: EPS ₺1.36 (vs ₺1.13 in 2Q 2020)

Upcoming dividend of ₺1.40 per share

Upcoming dividend of ₺1.40 per share

Inaugural dividend of ₺1.40 per share

First quarter 2021 earnings released: EPS ₺1.64 (vs ₺0.71 in 1Q 2020)

Investor sentiment improved over the past week

Analysts increase revenue estimates to ₺12.7b

New 90-day high: ₺55.90

Full year 2020 earnings released: EPS ₺7.01 (vs ₺2.99 in FY 2019)

Revenue and earnings beat expectations

New 90-day high: ₺48.22

New 90-day high: ₺41.04

Investor sentiment improved over the past week

New 90-day high: ₺40.58

New 90-day high: ₺35.58

New 90-day high: ₺35.34

Third quarter earnings released

New 90-day high: ₺30.32

Vestel Elektronik Sanayi Ve Ticaret AS (IBSE: VESTL) acquired a further 25% stake in Vestel Beyaz Esya Sanayi ve Ticaret from Mr. Ahmet Nazif Zorlu and Mr. Olgun Zorlu for approximately TRL 52,834,230 million ($37.46 million).

Price target raised to ₺23.83

Shareholder Returns

Price Volatility

About the Company

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Fundamentals Summary