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Karel Elektronik Sanayi Ve Ticaret IBSE:KAREL Stock Report

Last Price

₺13.02

Market Cap

₺2.6b

7D

-2.5%

1Y

35.5%

Updated

10 Aug, 2022

Data

Company Financials
KAREL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

KAREL Stock Overview

Karel Elektronik Sanayi Ve Ticaret A.S. designs, develops, produces, and sells wired or wireless communication systems in Turkey.

Karel Elektronik Sanayi Ve Ticaret Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Karel Elektronik Sanayi Ve Ticaret
Historical stock prices
Current Share Price₺13.02
52 Week High₺15.19
52 Week Low₺8.27
Beta1.18
1 Month Change0.15%
3 Month Change3.17%
1 Year Change35.47%
3 Year Change444.52%
5 Year Change672.50%
Change since IPO3,242.09%

Recent News & Updates

Shareholder Returns

KARELTR CommunicationsTR Market
7D-2.5%4.8%3.2%
1Y35.5%-13.5%77.4%

Return vs Industry: KAREL exceeded the TR Communications industry which returned -13.5% over the past year.

Return vs Market: KAREL underperformed the TR Market which returned 77.4% over the past year.

Price Volatility

Is KAREL's price volatile compared to industry and market?
KAREL volatility
KAREL Average Weekly Movement5.0%
Communications Industry Average Movement6.4%
Market Average Movement5.9%
10% most volatile stocks in TR Market8.9%
10% least volatile stocks in TR Market4.1%

Stable Share Price: KAREL is not significantly more volatile than the rest of TR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: KAREL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19863,297Serdar Tunaogluhttps://www.karel.com.tr

Karel Elektronik Sanayi Ve Ticaret A.S. designs, develops, produces, and sells wired or wireless communication systems in Turkey. It offers communication products, such as PBX phone systems for small, medium, and large-scale businesses; IP based call center systems for public and private institutions; and IP, analog, wall, hotel, and feature phones, as well as direct station select modules, and operator phone headsets. The company also provides convergence and integration products, including conference products, GSM terminals, wireless (DECT) systems, auto-attendant and voicemail modules, call traffic control systems, VoIP and network products, call recording systems, nurse call systems, and other products, as well as vehicle tracking systems.

Karel Elektronik Sanayi Ve Ticaret Fundamentals Summary

How do Karel Elektronik Sanayi Ve Ticaret's earnings and revenue compare to its market cap?
KAREL fundamental statistics
Market Cap₺2.60b
Earnings (TTM)₺122.18m
Revenue (TTM)₺1.86b

21.3x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KAREL income statement (TTM)
Revenue₺1.86b
Cost of Revenue₺1.38b
Gross Profit₺480.76m
Other Expenses₺358.58m
Earnings₺122.18m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin25.90%
Net Profit Margin6.58%
Debt/Equity Ratio164.5%

How did KAREL perform over the long term?

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

Valuation

Is KAREL 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 KAREL?

Other financial metrics that can be useful for relative valuation.

KAREL 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/Revenue1.9x
Enterprise Value/EBITDA8.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

KAREL PE Ratio vs Peers
The above table shows the PE ratio for KAREL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.7x
ALCTL Alcatel Lucent Teletas Telekomünikasyon
13.1xn/a₺1.2b
INDES Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi
4.5xn/a₺2.0b
ARENA Arena Bilgisayar Sanayi ve Ticaret
15.1xn/a₺1.4b
EMKR EMCORE
n/a-82.8%US$95.7m
KAREL Karel Elektronik Sanayi Ve Ticaret
21.3xn/a₺2.6b

Price-To-Earnings vs Peers: KAREL is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the peer average (9.7x).


Price to Earnings Ratio vs Industry

How does KAREL's PE Ratio compare vs other companies in the Asian Communications Industry?

Price-To-Earnings vs Industry: KAREL is good value based on its Price-To-Earnings Ratio (21.3x) compared to the Asian Communications industry average (27.8x)


Price to Earnings Ratio vs Fair Ratio

What is KAREL'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.

KAREL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.3x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate KAREL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate KAREL's fair value for valuation analysis.


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 Karel Elektronik Sanayi Ve Ticaret 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


26.9%

Forecasted Tech 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 Karel Elektronik Sanayi Ve Ticaret 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

  • Take a look at our analysis of KAREL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Karel Elektronik Sanayi Ve Ticaret 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


31.4%

Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: KAREL's current net profit margins (6.6%) are lower than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: KAREL's earnings have grown significantly by 31.4% per year over the past 5 years.

Accelerating Growth: KAREL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KAREL had negative earnings growth (-2.3%) over the past year, making it difficult to compare to the Communications industry average (11.2%).


Return on Equity

High ROE: KAREL's Return on Equity (19%) is considered low.


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Financial Health

How is Karel Elektronik Sanayi Ve Ticaret's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KAREL's short term assets (TRY1.9B) exceed its short term liabilities (TRY1.6B).

Long Term Liabilities: KAREL's short term assets (TRY1.9B) exceed its long term liabilities (TRY114.6M).


Debt to Equity History and Analysis

Debt Level: KAREL's net debt to equity ratio (133.4%) is considered high.

Reducing Debt: KAREL's debt to equity ratio has increased from 145.4% to 164.5% over the past 5 years.

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

Interest Coverage: KAREL's interest payments on its debt are well covered by EBIT (10.8x coverage).


Balance Sheet


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Dividend

What is Karel Elektronik Sanayi Ve Ticaret 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

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if KAREL'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 KAREL has not reported any payouts.


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Management

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


CEO

Serdar Tunaoglu (47 yo)

no data

Tenure

Mr. Serdar Nuri Tunaoglu serves as Vice Chairman and General Manager of Karel Elektronik Sanayi Ve Ticaret AS Mr. Tunaoglu holds Degree and post-graduate degree in Mechanical Engineering from Middle East T...


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

Karel Elektronik Sanayi Ve Ticaret A.S.'s employee growth, exchange listings and data sources


Key Information

  • Name: Karel Elektronik Sanayi Ve Ticaret A.S.
  • Ticker: KAREL
  • Exchange: IBSE
  • Founded: 1986
  • Industry: Communications Equipment
  • Sector: Tech
  • Implied Market Cap: ₺2.604b
  • Shares outstanding: 200.00m
  • Website: https://www.karel.com.tr

Number of Employees


Location

  • Karel Elektronik Sanayi Ve Ticaret A.S.
  • Ankara Teknoloji Gelistirme Bölgesi
  • Cyberplaza B Blok
  • Ankara
  • 6800
  • 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.