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FONE

Fonet Bilgi Teknolojileri Anonim Sirketi IBSE:FONET Stock Report

Last Price

₺12.47

Market Cap

₺509.2m

7D

-13.7%

1Y

-5.7%

Updated

01 Jul, 2022

Data

Company Financials
FONET fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

FONET Stock Overview

Fonet Bilgi Teknolojileri Anonim Sirketi engages in information technology (IT) services in the health sector in Turkey.

Fonet Bilgi Teknolojileri Anonim Sirketi Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fonet Bilgi Teknolojileri Anonim Sirketi
Historical stock prices
Current Share Price₺12.47
52 Week High₺16.99
52 Week Low₺9.35
Beta0.67
1 Month Change25.71%
3 Month Change13.47%
1 Year Change-5.75%
3 Year Change242.11%
5 Year Change456.45%
Change since IPO644.92%

Recent News & Updates

Shareholder Returns

FONETTR Healthcare ServicesTR Market
7D-13.7%1.1%-4.5%
1Y-5.7%-47.0%54.7%

Return vs Industry: FONET exceeded the TR Healthcare Services industry which returned -47% over the past year.

Return vs Market: FONET underperformed the TR Market which returned 54.7% over the past year.

Price Volatility

Is FONET's price volatile compared to industry and market?
FONET volatility
FONET Average Weekly Movement9.1%
Healthcare Services Industry Average Movement6.7%
Market Average Movement6.1%
10% most volatile stocks in TR Market8.7%
10% least volatile stocks in TR Market4.2%

Stable Share Price: FONET is more volatile than 90% of TR stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: FONET's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TR stocks.

About the Company

FoundedEmployeesCEOWebsite
1997147Mehmet GAZENhttps://www.fonetbt.com

Fonet Bilgi Teknolojileri Anonim Sirketi engages in information technology (IT) services in the health sector in Turkey. The company offers turnkey services in healthcare IT field, which are related to information management system, system integration, and consultancy services. It also provides software management software, which includes Hospital Information Management Systems; Laboratory Information Systems; Picture Archiving and Communication System; Hospital To Hospital; and Operational Business Intelligence.

Fonet Bilgi Teknolojileri Anonim Sirketi Fundamentals Summary

How do Fonet Bilgi Teknolojileri Anonim Sirketi's earnings and revenue compare to its market cap?
FONET fundamental statistics
Market Cap₺509.20m
Earnings (TTM)₺38.22m
Revenue (TTM)₺90.47m

13.0x

P/E Ratio

5.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FONET income statement (TTM)
Revenue₺90.47m
Cost of Revenue₺45.63m
Gross Profit₺44.84m
Other Expenses₺6.61m
Earnings₺38.22m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.96
Gross Margin49.56%
Net Profit Margin42.25%
Debt/Equity Ratio1.0%

How did FONET perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 FONET?

Other financial metrics that can be useful for relative valuation.

FONET 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/Revenue5.5x
Enterprise Value/EBITDA12.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

FONET PE Ratio vs Peers
The above table shows the PE ratio for FONET vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average31.8x
LKMNH Lokman Hekim Engürüsag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhüt
7xn/a₺588.2m
SEYKM Seyitler Kimya Sanayi
8.8xn/a₺277.6m
AVHOL Avrupa Yatirim Holding
36.2xn/a₺283.8m
EGEPO Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi
75.5xn/a₺1.3b
FONET Fonet Bilgi Teknolojileri Anonim Sirketi
13xn/a₺509.2m

Price-To-Earnings vs Peers: FONET is good value based on its Price-To-Earnings Ratio (13x) compared to the peer average (31.8x).


Price to Earnings Ratio vs Industry

How does FONET's PE Ratio compare vs other companies in the Asian Healthcare Services Industry?

Price-To-Earnings vs Industry: FONET is good value based on its Price-To-Earnings Ratio (13x) compared to the Asian Healthcare Services industry average (35.7x)


Price to Earnings Ratio vs Fair Ratio

What is FONET'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.

FONET PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: FONET (TRY12.47) is trading above our estimate of fair value (TRY2.44)

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


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FONET's PEG Ratio to determine if it is good value.


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Future Growth

How is Fonet Bilgi Teknolojileri 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


19.4%

Forecasted Healthcare 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 Fonet Bilgi Teknolojileri 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.


Discover growth companies

Past Performance

How has Fonet Bilgi Teknolojileri Anonim Sirketi performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


42.5%

Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: FONET's current net profit margins (42.3%) are lower than last year (44.9%).


Past Earnings Growth Analysis

Earnings Trend: FONET's earnings have grown significantly by 42.5% per year over the past 5 years.

Accelerating Growth: FONET's earnings growth over the past year (24.4%) is below its 5-year average (42.5% per year).

Earnings vs Industry: FONET earnings growth over the past year (24.4%) exceeded the Healthcare Services industry 13%.


Return on Equity

High ROE: FONET's Return on Equity (27.2%) is considered high.


Discover strong past performing companies

Financial Health

How is Fonet Bilgi Teknolojileri Anonim Sirketi's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FONET's short term assets (TRY60.4M) exceed its short term liabilities (TRY25.3M).

Long Term Liabilities: FONET's short term assets (TRY60.4M) exceed its long term liabilities (TRY40.7M).


Debt to Equity History and Analysis

Debt Level: FONET has more cash than its total debt.

Reducing Debt: FONET's debt to equity ratio has reduced from 34.5% to 1% over the past 5 years.

Debt Coverage: FONET's debt is well covered by operating cash flow (2714.3%).

Interest Coverage: FONET earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Fonet Bilgi Teknolojileri Anonim Sirketi current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate FONET's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FONET's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FONET's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FONET's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FONET has not reported any payouts.


Discover strong dividend paying companies

Management

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


CEO

Mehmet GAZEN

no data

Tenure

Mehmet Gazen is a Founder of Fonet Bilgi Teknolojileri Anonim Sirketi (formerly known as Fonet Bilgi Teknolojileri A.S.) and serves as its General Manager.


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

Fonet Bilgi Teknolojileri Anonim Sirketi's employee growth, exchange listings and data sources


Key Information

  • Name: Fonet Bilgi Teknolojileri Anonim Sirketi
  • Ticker: FONET
  • Exchange: IBSE
  • Founded: 1997
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Implied Market Cap: ₺509.200m
  • Shares outstanding: 40.00m
  • Website: https://www.fonetbt.com

Number of Employees


Location

  • Fonet Bilgi Teknolojileri Anonim Sirketi
  • The Paragon Tower
  • 1445. Sokak No: 2B/1
  • Ankara
  • Turkey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 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.