| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 6/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
VESTL Stock Overview
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, produces and sells brown and white goods in Turkey, Europe, and internationally.
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₺23.94 |
| 52 Week High | ₺33.34 |
| 52 Week Low | ₺20.80 |
| Beta | 1.52 |
| 1 Month Change | -10.74% |
| 3 Month Change | -12.50% |
| 1 Year Change | -22.97% |
| 3 Year Change | 112.99% |
| 5 Year Change | 253.62% |
| Change since IPO | 77,208.10% |
Recent News & Updates
Shareholder Returns
| VESTL | TR Consumer Durables | TR Market | |
|---|---|---|---|
| 7D | -6.3% | -4.4% | -3.6% |
| 1Y | -23.0% | 56.9% | 56.0% |
Return vs Industry: VESTL underperformed the TR Consumer Durables industry which returned 56.9% over the past year.
Return vs Market: VESTL underperformed the TR Market which returned 56% over the past year.
Price Volatility
| VESTL volatility | |
|---|---|
| VESTL Average Weekly Movement | 5.3% |
| Consumer Durables Industry Average Movement | 5.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in TR Market | 8.6% |
| 10% least volatile stocks in TR Market | 4.2% |
Stable Share Price: VESTL is not significantly more volatile than the rest of TR stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: VESTL's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 20,081 | Enis Erdogan | https://www.vestel.com.tr |
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, produces and sells brown and white goods in Turkey, Europe, and internationally. The company operates through three segments: Television and Electronic Devices, White Goods, and Other. The company provides refrigerators and freezers, washing machines, tumble dryers, cookers, ovens, water heaters, dishwashers, air-conditioners, and other cooking appliances.
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi Fundamentals Summary
| VESTL fundamental statistics | |
|---|---|
| Market Cap | ₺8.03b |
| Earnings (TTM) | ₺2.15b |
| Revenue (TTM) | ₺38.05b |
3.7x
P/E Ratio0.2x
P/S RatioIs VESTL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VESTL income statement (TTM) | |
|---|---|
| Revenue | ₺38.05b |
| Cost of Revenue | ₺27.75b |
| Gross Profit | ₺10.29b |
| Other Expenses | ₺8.15b |
| Earnings | ₺2.15b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.40 |
| Gross Margin | 27.05% |
| Net Profit Margin | 5.64% |
| Debt/Equity Ratio | 121.2% |
How did VESTL perform over the long term?
See historical performance and comparisonDividends
29.4%
Current Dividend Yield110%
Payout RatioValuation
Is VESTL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for VESTL?
Other financial metrics that can be useful for relative valuation.
| What is VESTL's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₺8.03b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.6x |
| Enterprise Value/EBITDA | 5.2x |
| PEG Ratio | 0.2x |
Price to Earnings Ratio vs Peers
How does VESTL's PE Ratio compare to its peers?
| VESTL PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 12.7x | ||
VESBE Vestel Beyaz Esya Sanayi ve Ticaret | 8x | 50.6% | ₺14.3b |
MAVI Mavi Giyim Sanayi ve Ticaret | 7.8x | 7.3% | ₺5.2b |
ISBIR Isbir Holding | 11.2x | n/a | ₺1.7b |
KUTPO Kütahya Porselen Sanayi Anonim Sirketi | 23.5x | n/a | ₺1.7b |
VESTL Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi | 3.7x | 21.3% | ₺8.0b |
Price-To-Earnings vs Peers: VESTL is good value based on its Price-To-Earnings Ratio (3.7x) compared to the peer average (12.7x).
Price to Earnings Ratio vs Industry
How does VESTL's PE Ratio compare vs other companies in the Asian Consumer Durables Industry?
Price-To-Earnings vs Industry: VESTL is good value based on its Price-To-Earnings Ratio (3.7x) compared to the TR Consumer Durables industry average (10x)
Price to Earnings Ratio vs Fair Ratio
What is VESTL'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 3.7x |
| Fair PE Ratio | 6.2x |
Price-To-Earnings vs Fair Ratio: VESTL is good value based on its Price-To-Earnings Ratio (3.7x) compared to the estimated Fair Price-To-Earnings Ratio (6.2x).
Share Price vs Fair Value
What is the Fair Price of VESTL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: VESTL (TRY23.94) is trading below our estimate of fair value (TRY34.47)
Significantly Below Fair Value: VESTL is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: VESTL is good value based on its PEG Ratio (0.2x)
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Future Growth
How is Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
6/6Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
21.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VESTL's forecast earnings growth (21.3% per year) is above the savings rate (8.9%).
Earnings vs Market: VESTL's earnings (21.3% per year) are forecast to grow faster than the TR market (17.3% per year).
High Growth Earnings: VESTL's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VESTL's revenue (30.2% per year) is forecast to grow faster than the TR market (14.7% per year).
High Growth Revenue: VESTL's revenue (30.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VESTL's Return on Equity is forecast to be high in 3 years time (32.6%)
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Past Performance
How has Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
61.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VESTL has high quality earnings.
Growing Profit Margin: VESTL's current net profit margins (5.6%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: VESTL's earnings have grown significantly by 61.7% per year over the past 5 years.
Accelerating Growth: VESTL's earnings growth over the past year (21.8%) is below its 5-year average (61.7% per year).
Earnings vs Industry: VESTL earnings growth over the past year (21.8%) underperformed the Consumer Durables industry 26%.
Return on Equity
High ROE: Whilst VESTL's Return on Equity (22.25%) is high, this metric is skewed due to their high level of debt.
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Financial Health
How is Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: VESTL's short term assets (TRY23.8B) do not cover its short term liabilities (TRY35.2B).
Long Term Liabilities: VESTL's short term assets (TRY23.8B) exceed its long term liabilities (TRY2.4B).
Debt to Equity History and Analysis
Debt Level: VESTL's net debt to equity ratio (105.4%) is considered high.
Reducing Debt: VESTL's debt to equity ratio has reduced from 182.9% to 121.2% over the past 5 years.
Debt Coverage: VESTL's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: VESTL's interest payments on its debt are well covered by EBIT (7.3x coverage).
Balance Sheet
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Dividend
What is Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
29.39%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VESTL's dividend (29.39%) is higher than the bottom 25% of dividend payers in the TR market (0.71%).
High Dividend: VESTL's dividend (29.39%) is in the top 25% of dividend payers in the TR market (3.76%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether VESTL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if VESTL's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (109.9%), VESTL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: VESTL is paying a dividend but the company has no free cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Enis Erdogan (67 yo)
no data
Tenure
Mr. Enis Turan Erdogan serves as Chief Executive Officer of Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi (formerly known as Vestel Elektronik Sanayi ve Ticaret AS) and has been its Chairman of the Ex...
Leadership Team
Experienced Management: VESTL's management team is considered experienced (2.5 years average tenure).
Board Members
Experienced Board: VESTL's board of directors are seasoned and experienced ( 10.1 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
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi's employee growth, exchange listings and data sources
Key Information
- Name: Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi
- Ticker: VESTL
- Exchange: IBSE
- Founded: 1983
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Implied Market Cap: ₺8.031b
- Shares outstanding: 335.46m
- Website: https://www.vestel.com.tr
Number of Employees
Location
- Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi
- Buyukdere Caddesi No: 199
- Levent 199
- Istanbul
- 34394
- Turkey
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.