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Turkcell Iletisim Hizmetleri

Market Cap

₺32.9b

Last Updated

2021/04/16 17:01 UTC

Data Sources

Company Financials +

Executive Summary

Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Azerbaijan, Cyprus, Germany, and the Netherlands. More Details


Snowflake Analysis

Outstanding track record and undervalued.


Similar Companies

Share Price & News

How has Turkcell Iletisim Hizmetleri's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TCELL is less volatile than 75% of TR stocks over the past 3 months, typically moving +/- 5% a week.

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


Market Performance


7 Day Return

-0.3%

TCELL

0.7%

TR Wireless Telecom

-1.1%

TR Market


1 Year Return

13.5%

TCELL

26.6%

TR Wireless Telecom

61.8%

TR Market

Return vs Industry: TCELL underperformed the TR Wireless Telecom industry which returned 29.1% over the past year.

Return vs Market: TCELL underperformed the TR Market which returned 66.8% over the past year.


Shareholder returns

TCELLIndustryMarket
7 Day-0.3%0.7%-1.1%
30 Day-8.4%-2.2%-12.1%
90 Day-9.0%8.7%-5.5%
1 Year16.2%13.5%31.2%26.6%75.2%61.8%
3 Year20.2%5.0%39.3%26.0%119.6%85.2%
5 Year59.9%25.9%45.3%22.2%180.0%119.3%

Long-Term Price Volatility Vs. Market

How volatile is Turkcell Iletisim Hizmetleri's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Turkcell Iletisim Hizmetleri undervalued compared to its fair value and its price relative to the market?

19.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TCELL (TRY15.05) is trading below our estimate of fair value (TRY18.71)

Significantly Below Fair Value: TCELL is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TCELL is good value based on its PE Ratio (7.8x) compared to the XA Wireless Telecom industry average (18.9x).

PE vs Market: TCELL is good value based on its PE Ratio (7.8x) compared to the TR market (23.1x).


Price to Earnings Growth Ratio

PEG Ratio: TCELL is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: TCELL is good value based on its PB Ratio (1.6x) compared to the XA Wireless Telecom industry average (2x).


Future Growth

How is Turkcell Iletisim Hizmetleri forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

13.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCELL's forecast earnings growth (13.9% per year) is above the savings rate (9.3%).

Earnings vs Market: TCELL's earnings (13.9% per year) are forecast to grow slower than the TR market (21.7% per year).

High Growth Earnings: TCELL's earnings are forecast to grow, but not significantly.

Revenue vs Market: TCELL's revenue (10.8% per year) is forecast to grow slower than the TR market (15.2% per year).

High Growth Revenue: TCELL's revenue (10.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TCELL's Return on Equity is forecast to be high in 3 years time (22.8%)


Past Performance

How has Turkcell Iletisim Hizmetleri performed over the past 5 years?

17.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TCELL has high quality earnings.

Growing Profit Margin: TCELL's current net profit margins (14.6%) are higher than last year (9.9%).


Past Earnings Growth Analysis

Earnings Trend: TCELL's earnings have grown by 17.3% per year over the past 5 years.

Accelerating Growth: TCELL's earnings growth over the past year (70.9%) exceeds its 5-year average (17.3% per year).

Earnings vs Industry: TCELL earnings growth over the past year (70.9%) exceeded the Wireless Telecom industry -0.3%.


Return on Equity

High ROE: TCELL's Return on Equity (20.4%) is considered high.


Financial Health

How is Turkcell Iletisim Hizmetleri's financial position?


Financial Position Analysis

Short Term Liabilities: TCELL's short term assets (TRY20.6B) exceed its short term liabilities (TRY11.6B).

Long Term Liabilities: TCELL's short term assets (TRY20.6B) exceed its long term liabilities (TRY19.1B).


Debt to Equity History and Analysis

Debt Level: TCELL's debt to equity ratio (93.8%) is considered high.

Reducing Debt: TCELL's debt to equity ratio has increased from 28.9% to 93.8% over the past 5 years.

Debt Coverage: TCELL's debt is well covered by operating cash flow (72.3%).

Interest Coverage: TCELL's interest payments on its debt are well covered by EBIT (27.2x coverage).


Balance Sheet


Dividend

What is Turkcell Iletisim Hizmetleri current dividend yield, its reliability and sustainability?

2.45%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 17 2021Ex Dividend DateApr 30 2021Dividend Pay DateMay 04 20214 days from Ex DividendBuy in the next 13 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: TCELL's dividend (2.45%) is higher than the bottom 25% of dividend payers in the TR market (0.64%).

High Dividend: TCELL's dividend (2.45%) is low compared to the top 25% of dividend payers in the TR market (2.94%).


Stability and Growth of Payments

Stable Dividend: TCELL's dividend payments have been volatile in the past 10 years.

Growing Dividend: TCELL's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19%), TCELL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: TCELL's dividends in 3 years are forecast to be covered by earnings (58.8% payout ratio).


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Murat Erkan (51 yo)

2.08yrs

Tenure

Mr. Murat Erkan has been the Chief Executive Officer of Turkcell Iletisim Hizmetleri A.S. since May 2019 and served as its Acting Chief Executive Officer from March 15, 2019 to May 2019. Mr. Erkan served a...


Leadership Team

Experienced Management: TCELL's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: TCELL's board of directors are not considered experienced ( 1.1 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 been diluted in the past year, with total shares outstanding growing by 6.1%.


Top Shareholders

Company Information

Turkcell Iletisim Hizmetleri A.S.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Turkcell Iletisim Hizmetleri A.S.
  • Ticker: TCELL
  • Exchange: IBSE
  • Founded: 1993
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: ₺32.921b
  • Shares outstanding: 2.18b
  • Website: https://www.turkcell.com.tr

Number of Employees


Location

  • Turkcell Iletisim Hizmetleri A.S.
  • Turkcell Küçükyali Plaza
  • Aydinevler Mahallesi Inönü Caddesi No:20
  • Istanbul
  • 34854
  • Turkey

Listings


Biography

Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Azerbaijan, Cyprus, Germany, and the Netherlands. It operates through two segments, Turkcell Turkey and Turkcell Int...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 17:01
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
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.