IBSE:SOKM

Stock Analysis Report

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Market Cap

₺7.1b

Last Updated

2021/08/03 20:59 UTC

Data Sources

Company Financials +

Executive Summary

Sok Marketler Ticaret A.S. operates in retail sector in Turkey. More Details


Snowflake Analysis

High growth potential with excellent balance sheet.

Share Price & News

How has Sok Marketler Ticaret's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SOKM is less volatile than 75% of TR stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SOKM's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.5%

SOKM

1.9%

TR Consumer Retailing

2.6%

TR Market


1 Year Return

-7.5%

SOKM

-4.2%

TR Consumer Retailing

-13.4%

TR Market

Return vs Industry: SOKM underperformed the TR Consumer Retailing industry which returned -4.2% over the past year.

Return vs Market: SOKM exceeded the TR Market which returned -13.4% over the past year.


Shareholder returns

SOKMIndustryMarket
7 Day0.5%1.9%2.6%
30 Day0.6%0.9%1.1%
90 Day-5.5%-4.5%-6.9%
1 Year-6.5%-7.5%0.6%-4.2%18.0%-13.4%
3 Year42.8%41.2%88.4%71.1%123.2%87.7%
5 Yearn/a28.4%16.5%186.6%123.1%

Long-Term Price Volatility Vs. Market

How volatile is Sok Marketler Ticaret's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sok Marketler Ticaret undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SOKM (TRY11.55) is trading below our estimate of fair value (TRY32)

Significantly Below Fair Value: SOKM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SOKM is poor value based on its PE Ratio (19.5x) compared to the Asian Consumer Retailing industry average (17.9x).

PE vs Market: SOKM is poor value based on its PE Ratio (19.5x) compared to the TR market (16x).


Price to Earnings Growth Ratio

PEG Ratio: SOKM is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: SOKM is overvalued based on its PB Ratio (20.4x) compared to the TR Consumer Retailing industry average (5.7x).


Future Growth

How is Sok Marketler Ticaret forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

48.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOKM's forecast earnings growth (48.3% per year) is above the savings rate (9.2%).

Earnings vs Market: SOKM's earnings (48.3% per year) are forecast to grow faster than the TR market (15.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SOKM's revenue (17.2% per year) is forecast to grow faster than the TR market (12.9% per year).

High Growth Revenue: SOKM's revenue (17.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SOKM's Return on Equity is forecast to be very high in 3 years time (87.3%).


Past Performance

How has Sok Marketler Ticaret performed over the past 5 years?

58.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SOKM has high quality earnings.

Growing Profit Margin: SOKM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SOKM has become profitable over the past 5 years, growing earnings by 58.1% per year.

Accelerating Growth: SOKM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SOKM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (15.7%).


Return on Equity

High ROE: SOKM's Return on Equity (104.1%) is considered outstanding.


Financial Health

How is Sok Marketler Ticaret's financial position?


Financial Position Analysis

Short Term Liabilities: SOKM's short term assets (TRY3.8B) do not cover its short term liabilities (TRY6.2B).

Long Term Liabilities: SOKM's short term assets (TRY3.8B) exceed its long term liabilities (TRY1.9B).


Debt to Equity History and Analysis

Debt Level: SOKM is debt free.

Reducing Debt: SOKM currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: SOKM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SOKM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Sok Marketler Ticaret current dividend yield, its reliability and sustainability?

1.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SOKM's dividend (1.13%) is higher than the bottom 25% of dividend payers in the TR market (0.77%).

High Dividend: SOKM's dividend (1.13%) is low compared to the top 25% of dividend payers in the TR market (3.5%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether SOKM's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if SOKM's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22%), SOKM's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SOKM's dividends in 3 years are forecast to be covered by earnings (57.2% payout ratio).


Next Steps

Management

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

5.6yrs

Average management tenure


CEO

Ugur Demirel

6.58yrs

Tenure

Mr. Ugur Demirel serves as Chief Executive Officer of Sok Marketler Ticaret A.S. since 2015. Mr. Demirel was named the Most Successful Retail CEO of 2016 by Retail Days 2016. Prior to joining us, Mr. Demir...


Leadership Team

Experienced Management: SOKM's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: SOKM's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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

Sok Marketler Ticaret A.S.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sok Marketler Ticaret A.S.
  • Ticker: SOKM
  • Exchange: IBSE
  • Founded: 1995
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: ₺7.068b
  • Shares outstanding: 611.93m
  • Website: https://www.sokmarket.com.tr

Number of Employees


Location

  • Sok Marketler Ticaret A.S.
  • Kisikli Mahallesi
  • Hanimseti Sokak
  • Istanbul
  • Turkey

Listings


Biography

Sok Marketler Ticaret A.S. operates in retail sector in Turkey. It sells fast-moving consuming products, such as dairy products, pasta, flour, semolina, ground rice and starch products, cleaning products, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/03 20:59
End of Day Share Price2021/08/03 00:00
Earnings2021/03/31
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.