Vestel Beyaz Esya Sanayi ve Ticaret A.S.
IBSE:VESBE Stock Report
Vestel Beyaz Esya Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6 Vestel Beyaz Esya Sanayi ve Ticaret has a total shareholder equity of TRY28.5B and total debt of TRY10.6B, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are TRY66.5B and TRY38.0B respectively. Vestel Beyaz Esya Sanayi ve Ticaret's EBIT is TRY3.0B making its interest coverage ratio 1.1. It has cash and short-term investments of TRY222.0M.
Key information
37.2%
Debt to equity ratio
Interest coverage ratio 1.1x Cash ₺222.00m Equity ₺28.50b Total liabilities ₺37.96b Total assets ₺66.46b
Recent financial health updates
Show all updates
Third quarter 2024 earnings released: ₺0.26 loss per share (vs ₺1.56 profit in 3Q 2023) Nov 01
Price target decreased by 8.4% to ₺28.65 Oct 15
Second quarter 2024 earnings released: EPS: ₺0 (vs ₺0.37 in 2Q 2023) Aug 18
Upcoming dividend of ₺0.73 per share Jul 18
First quarter 2024 earnings released: EPS: ₺0.39 (vs ₺0.26 in 1Q 2023) Jun 11
Price target increased by 8.2% to ₺30.37 May 13 Vestel Beyaz Esya Sanayi ve Ticaret A.S., Annual General Meeting, May 29, 2024 May 05
Full year 2023 earnings released Apr 08
Consensus EPS estimates increase by 28% Feb 27
Investor sentiment improves as stock rises 15% Feb 07
Now 21% undervalued Oct 31
Consensus EPS estimates increase by 19% Oct 30
Third quarter 2023 earnings released: EPS: ₺1.56 (vs ₺0.11 in 3Q 2022) Oct 25
Consensus EPS estimates fall by 11% Aug 11
Price target increased by 27% to ₺20.65 Aug 06
Second quarter 2023 earnings released: EPS: ₺0.37 (vs ₺0.43 in 2Q 2022) Aug 06
Consensus EPS estimates fall by 21%, revenue upgraded Jul 25
Upcoming dividend of ₺0.22 per share at 1.5% yield Jul 24
Consensus revenue estimates increase by 12% Jul 16
New major risk - Financial position Jul 03
First quarter 2023 earnings released: EPS: ₺0.26 (vs ₺0.36 in 1Q 2022) May 03
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Feb 20
Investor sentiment deteriorates as stock falls 18% Feb 10
Price target increased by 16% to ₺15.29 Jan 26
Now 23% undervalued Jan 11
Investor sentiment improved over the past week Jan 04
Investor sentiment improved over the past week Nov 28
Less than half of directors are independent Nov 16
Consensus forecasts updated Nov 07
Third quarter 2022 earnings released: EPS: ₺0.11 (vs ₺0.17 in 3Q 2021) Nov 02
Second quarter 2022 earnings released: EPS: ₺0.43 (vs ₺0.32 in 2Q 2021) Aug 07
Upcoming dividend of ₺0.44 per share Jun 23
Now 23% undervalued Jun 08
Price target increased to ₺11.74 May 09
First quarter 2022 earnings: EPS and revenues exceed analyst expectations May 01
Less than half of directors are independent Apr 27
Consensus forecasts updated Apr 21
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Mar 02
Consensus forecasts updated Jan 21
Price target increased to ₺9.41 Dec 23
Third quarter 2021 earnings released: EPS ₺1.46 (vs ₺1.89 in 3Q 2020) Oct 23
Consensus EPS estimates increase to ₺7.34 Aug 06
Second quarter 2021 earnings released: EPS ₺1.36 (vs ₺1.13 in 2Q 2020) Aug 01
Upcoming dividend of ₺1.40 per share Jul 23
Upcoming dividend of ₺1.40 per share Jun 23
Inaugural dividend of ₺1.40 per share May 24
First quarter 2021 earnings released: EPS ₺1.64 (vs ₺0.71 in 1Q 2020) Apr 26
Investor sentiment improved over the past week Mar 29
Analysts increase revenue estimates to ₺12.7b Mar 04
New 90-day high: ₺55.90 Feb 20
Full year 2020 earnings released: EPS ₺7.01 (vs ₺2.99 in FY 2019) Feb 17
Revenue and earnings beat expectations Feb 17
New 90-day high: ₺48.22 Jan 29
New 90-day high: ₺41.04 Jan 12
Investor sentiment improved over the past week Dec 28
New 90-day high: ₺40.58 Dec 28
New 90-day high: ₺35.58 Dec 09
New 90-day high: ₺35.34 Nov 23
Third quarter earnings released Oct 29
New 90-day high: ₺30.32 Oct 05
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). Sep 25
Price target raised to ₺23.83 Aug 06
Financial Position Analysis
Short Term Liabilities: VESBE's short term assets (TRY32.3B) do not cover its short term liabilities (TRY33.2B).
Long Term Liabilities: VESBE's short term assets (TRY32.3B) exceed its long term liabilities (TRY4.7B).
Debt to Equity History and Analysis
Debt Level: VESBE's net debt to equity ratio (36.4%) is considered satisfactory .
Reducing Debt: VESBE's debt to equity ratio has reduced from 42.2% to 37.2% over the past 5 years.
Debt Coverage: VESBE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VESBE's interest payments on its debt are not well covered by EBIT (1.1x coverage).
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