Alkim Alkali Kimya (IBSE:ALKIM) - Share price, News & Analysis

ALKIM fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	0/6

ALKIM Stock Overview

Alkim Alkali Kimya A.S. produces and sells paper products in Turkey and internationally.

Rewards

PE ratio (10.4x) is below the Forestry industry average (12.2x)

Earnings grew by 49.1% over the past year

Risk Analysis

No risks detected for ALKIM from our risk checks.

Alkim Alkali Kimya Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Alkim Alkali Kimya
Historical stock prices
Current Share Price	₺22.00
52 Week High	₺25.48
52 Week Low	₺14.30
Beta	0.25
1 Month Change	-7.33%
3 Month Change	16.65%
1 Year Change	35.39%
3 Year Change	430.06%
5 Year Change	385.69%
Change since IPO	7,140.03%

Shareholder Returns

	ALKIM	TR Forestry	TR Market
7D	-7.6%	-0.3%	-4.4%
1Y	35.4%	-14.2%	35.8%

Return vs Industry: ALKIM exceeded the TR Forestry industry which returned -15.2% over the past year.

Return vs Market: ALKIM matched the TR Market which returned 36.1% over the past year.

Price Volatility

Is ALKIM's price volatile compared to industry and market?
ALKIM volatility
ALKIM Average Weekly Movement	6.3%
Forestry Industry Average Movement	7.9%
Market Average Movement	6.7%
10% most volatile stocks in TR Market	8.9%
10% least volatile stocks in TR Market	5.3%

Stable Share Price: ALKIM is not significantly more volatile than the rest of TR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ALKIM's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1948	406	Ilhan Kinaci	https://www.alkim.com

Alkim Alkali Kimya A.S. produces and sells paper products in Turkey and internationally. It operates through three segments: Chemical Products, Paper, and Other. The company produces and distributes various chemical materials.

Alkim Alkali Kimya Fundamentals Summary

How do Alkim Alkali Kimya's earnings and revenue compare to its market cap?
ALKIM fundamental statistics
Market Cap	₺3.30b
Earnings (TTM)	₺318.02m
Revenue (TTM)	₺1.45b

10.4x

P/E Ratio

2.3x

P/S Ratio

Is ALKIM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALKIM income statement (TTM)
Revenue	₺1.45b
Cost of Revenue	₺1.02b
Gross Profit	₺420.79m
Other Expenses	₺102.76m
Earnings	₺318.02m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	2.12
Gross Margin	29.11%
Net Profit Margin	22.00%
Debt/Equity Ratio	7.9%

How did ALKIM perform over the long term?

See historical performance and comparison

Valuation

Is Alkim Alkali Kimya undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

10.38x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: ALKIM (TRY22) is trading above our estimate of fair value (TRY19.2)

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

Price To Earnings Ratio

PE vs Industry: ALKIM is good value based on its PE Ratio (10.4x) compared to the Asian Forestry industry average (12.2x).

PE vs Market: ALKIM is poor value based on its PE Ratio (10.4x) compared to the TR market (10x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: ALKIM is overvalued based on its PB Ratio (4.2x) compared to the XA Forestry industry average (1x).

Future Growth

How is Alkim Alkali Kimya forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

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

14.1%

Forecasted Materials 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 Alkim Alkali Kimya 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.

Past Performance

How has Alkim Alkali Kimya performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

32.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ALKIM has high quality earnings.

Growing Profit Margin: ALKIM's current net profit margins (22%) are lower than last year (27.3%).

Past Earnings Growth Analysis

Earnings Trend: ALKIM's earnings have grown significantly by 32.6% per year over the past 5 years.

Accelerating Growth: ALKIM's earnings growth over the past year (49.1%) exceeds its 5-year average (32.6% per year).

Earnings vs Industry: ALKIM earnings growth over the past year (49.1%) exceeded the Forestry industry 37.3%.

Return on Equity

High ROE: ALKIM's Return on Equity (43.1%) is considered outstanding.

Financial Health

How is Alkim Alkali Kimya'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: ALKIM's short term assets (TRY1.0B) exceed its short term liabilities (TRY416.8M).

Long Term Liabilities: ALKIM's short term assets (TRY1.0B) exceed its long term liabilities (TRY81.7M).

Debt to Equity History and Analysis

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

Reducing Debt: ALKIM's debt to equity ratio has reduced from 24.3% to 7.9% over the past 5 years.

Debt Coverage: ALKIM's debt is well covered by operating cash flow (505.8%).

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

Balance Sheet

Dividend

What is Alkim Alkali Kimya 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

5.09%

Forecast Dividend Yield

Dividend Yield vs Market

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

High Dividend: Unable to evaluate ALKIM'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 ALKIM's dividends per share have been stable in the past.

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

Earnings Payout to Shareholders

Earnings Coverage: ALKIM is not paying a notable dividend for the TR market.

Cash Payout to Shareholders

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

Next Steps

Explore strong dividend paying companies in the Materials industry.

Management

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

4.3yrs

Average management tenure

CEO

Ilhan Kinaci

3.83yrs

Tenure

Ilhan Kinaci has been General Manager at Alkim Alkali Kimya A.S. since July 1, 2018. Ilhan Kinaci served as a Business Manager of Çayirhan at Alkim Alkali Kimya AS until 2018.

Leadership Team

Experienced Management: ALKIM's management team is considered experienced (4.3 years average tenure).

Board Members

Experienced Board: ALKIM's board of directors are seasoned and experienced ( 16.1 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31