GLCV

Gelecek Varlik Yönetimi Anonim Sirketi IBSE:GLCVY Stock Report

Last Price

₺12.92

Market Cap

₺1.8b

7D

1.7%

1Y

n/a

Updated

10 Aug, 2022

Data

Company Financials
GLCVY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

GLCVY Stock Overview

Gelecek Varlik Yönetimi AS operates as a financial institution in Turkey.

Gelecek Varlik Yönetimi Anonim Sirketi Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gelecek Varlik Yönetimi Anonim Sirketi
Historical stock prices
Current Share Price₺12.92
52 Week High₺15.93
52 Week Low₺10.78
Beta0
1 Month Change11.00%
3 Month Change-2.12%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-13.92%

Recent News & Updates

Shareholder Returns

GLCVYTR Diversified FinancialTR Market
7D1.7%7.3%3.2%
1Yn/a9.6%77.4%

Return vs Industry: Insufficient data to determine how GLCVY performed against the TR Diversified Financial industry.

Return vs Market: Insufficient data to determine how GLCVY performed against the TR Market.

Price Volatility

Is GLCVY's price volatile compared to industry and market?
GLCVY volatility
GLCVY Average Weekly Movement4.1%
Diversified Financial Industry Average Movement4.7%
Market Average Movement5.9%
10% most volatile stocks in TR Market8.9%
10% least volatile stocks in TR Market4.1%

Stable Share Price: GLCVY is less volatile than 75% of TR stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GLCVY's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aZehra Unludoganhttps://www.gelecekvarlik.com.tr

Gelecek Varlik Yönetimi AS operates as a financial institution in Turkey. It provides services in the field of debt resolution by purchasing the NPL portfolios of banks and other financial institutions. The company was founded in 2005 and is based in Istanbul, Turkey.

Gelecek Varlik Yönetimi Anonim Sirketi Fundamentals Summary

How do Gelecek Varlik Yönetimi Anonim Sirketi's earnings and revenue compare to its market cap?
GLCVY fundamental statistics
Market Cap₺1.80b
Earnings (TTM)₺203.63m
Revenue (TTM)₺696.25m

8.9x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GLCVY income statement (TTM)
Revenue₺696.25m
Cost of Revenue₺229.09m
Gross Profit₺467.16m
Other Expenses₺263.53m
Earnings₺203.63m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.46
Gross Margin67.10%
Net Profit Margin29.25%
Debt/Equity Ratio43.3%

How did GLCVY perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

22%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is GLCVY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GLCVY?

Other financial metrics that can be useful for relative valuation.

GLCVY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3x
Enterprise Value/EBITDA7.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does GLCVY's PE Ratio compare to its peers?

GLCVY PE Ratio vs Peers
The above table shows the PE ratio for GLCVY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.1x
VAKFN Vakif Finansal Kiralama
5.9xn/a₺1.6b
ISFIN Is Finansal Kiralama Anonim Sirketi
5.9xn/a₺3.5b
GARFA Garanti Faktoring
5.6xn/a₺1.1b
LIDFA Lider Faktoring
11.1xn/a₺603.0m
GLCVY Gelecek Varlik Yönetimi Anonim Sirketi
8.9xn/a₺1.8b

Price-To-Earnings vs Peers: GLCVY is expensive based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (7.1x).


Price to Earnings Ratio vs Industry

How does GLCVY's PE Ratio compare vs other companies in the Asian Diversified Financial Industry?

Price-To-Earnings vs Industry: GLCVY is good value based on its Price-To-Earnings Ratio (8.9x) compared to the TR Diversified Financial industry average (13.6x)


Price to Earnings Ratio vs Fair Ratio

What is GLCVY'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.

GLCVY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GLCVY's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of GLCVY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GLCVY (TRY12.92) is trading above our estimate of fair value (TRY8.32)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Gelecek Varlik Yönetimi Anonim Sirketi forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.5%

Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gelecek Varlik Yönetimi Anonim Sirketi has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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Past Performance

How has Gelecek Varlik Yönetimi Anonim Sirketi performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


41.1%

Last years earnings growth

Earnings and Revenue History

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

Growing Profit Margin: GLCVY's current net profit margins (29.2%) are lower than last year (32%).


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if GLCVY's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare GLCVY's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: GLCVY earnings growth over the past year (41.1%) underperformed the Diversified Financial industry 103.2%.


Return on Equity

High ROE: GLCVY's Return on Equity (24.4%) is considered high.


Discover strong past performing companies

Financial Health

How is Gelecek Varlik Yönetimi Anonim Sirketi's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GLCVY's short term assets (TRY1.4B) exceed its short term liabilities (TRY432.3M).

Long Term Liabilities: GLCVY's short term assets (TRY1.4B) exceed its long term liabilities (TRY138.4M).


Debt to Equity History and Analysis

Debt Level: GLCVY's net debt to equity ratio (35%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GLCVY's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: GLCVY's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: GLCVY's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


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Dividend

What is Gelecek Varlik Yönetimi Anonim Sirketi current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.41%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GLCVY's dividend (2.41%) is higher than the bottom 25% of dividend payers in the TR market (0.69%).

High Dividend: GLCVY's dividend (2.41%) is low compared to the top 25% of dividend payers in the TR market (3.3%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.9%), GLCVY's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: GLCVY is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

6.8yrs

Average board tenure


CEO

Zehra Unludogan (43 yo)

no data

Tenure

Ms. Zehra Sezin Unludogan is General Manager and Director at Gelecek Varlik Yönetimi AS. and also serves as Director since August 08, 2016.


Board Members

Experienced Board: GLCVY's board of directors are considered experienced (6.8 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: GLCVY only recently listed within the past 12 months.


Top Shareholders

Company Information

Gelecek Varlik Yönetimi Anonim Sirketi's employee growth, exchange listings and data sources


Key Information

  • Name: Gelecek Varlik Yönetimi Anonim Sirketi
  • Ticker: GLCVY
  • Exchange: IBSE
  • Founded: 2005
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Implied Market Cap: ₺1.805b
  • Shares outstanding: 139.70m
  • Website: https://www.gelecekvarlik.com.tr

Location

  • Gelecek Varlik Yönetimi Anonim Sirketi
  • Office Building
  • Merkez Mahallesi Cendere Caddesi No:22
  • Istanbul
  • 34406
  • Turkey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/10 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.