Aydem Yenilenebilir Enerji (IBSE:AYDEM) - Share price, News & Analysis

AYDEM fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	3/6
Financial Health	1/6
Dividends	0/6

AYDEM Stock Overview

Aydem Yenilenebilir Enerji A.S. engages in renewable energy generation in Turkey.

Rewards

Trading at 63.4% below our estimate of its fair value

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Aydem Yenilenebilir Enerji Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Aydem Yenilenebilir Enerji
Historical stock prices
Current Share Price	₺9.21
52 Week High	₺10.25
52 Week Low	₺5.90
Beta	0
1 Month Change	10.04%
3 Month Change	18.99%
1 Year Change	36.85%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0.22%

Shareholder Returns

	AYDEM	TR Renewable Energy	TR Market
7D	3.7%	2.6%	1.3%
1Y	36.9%	128.6%	61.2%

Return vs Industry: AYDEM underperformed the TR Renewable Energy industry which returned 129.1% over the past year.

Return vs Market: AYDEM underperformed the TR Market which returned 58% over the past year.

Price Volatility

Is AYDEM's price volatile compared to industry and market?
AYDEM volatility
AYDEM Average Weekly Movement	5.7%
Renewable Energy Industry Average Movement	5.8%
Market Average Movement	5.9%
10% most volatile stocks in TR Market	8.7%
10% least volatile stocks in TR Market	4.1%

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

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

About the Company

Founded	Employees	CEO	Website
1995	531	n/a	https://www.aydemyenilenebilir.com.tr

Aydem Yenilenebilir Enerji A.S. engages in renewable energy generation in Turkey. The company operates 20 hydroelectric, 3 wind, 1 geothermal, and 1 biogas power plants with a total installed capacity of 1,020 megawatts. It also produces electricity using solar resources.

Aydem Yenilenebilir Enerji Fundamentals Summary

How do Aydem Yenilenebilir Enerji's earnings and revenue compare to its market cap?
AYDEM fundamental statistics
Market Cap	₺6.49b
Earnings (TTM)	₺164.94m
Revenue (TTM)	₺1.83b

39.4x

P/E Ratio

3.5x

P/S Ratio

Is AYDEM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AYDEM income statement (TTM)
Revenue	₺1.83b
Cost of Revenue	₺874.69m
Gross Profit	₺957.59m
Other Expenses	₺792.65m
Earnings	₺164.94m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.23
Gross Margin	52.26%
Net Profit Margin	9.00%
Debt/Equity Ratio	116.0%

How did AYDEM perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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 AYDEM?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for AYDEM. This is calculated by dividing AYDEM's market cap by their current preferred multiple.
What is AYDEM's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₺6.49b

AYDEM 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/Revenue	8.8x
Enterprise Value/EBITDA	11.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

AYDEM PE Ratio vs Peers

The above table shows the PE ratio for AYDEM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	368.2x

Forward PE

Price-To-Earnings vs Peers: AYDEM is good value based on its Price-To-Earnings Ratio (39.4x) compared to the peer average (368.2x).

Price to Earnings Ratio vs Industry

How does AYDEM's PE Ratio compare vs other companies in the Renewable Energy Industry?

Price-To-Earnings vs Industry: AYDEM is expensive based on its Price-To-Earnings Ratio (39.4x) compared to the TR Renewable Energy industry average (12.8x)

Price to Earnings Ratio vs Fair Ratio

What is AYDEM'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.

AYDEM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	39.4x
Fair PE Ratio	n/a

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

Share Price vs Fair Value

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

Below Fair Value: AYDEM (TRY9.21) is trading below our estimate of fair value (TRY25.16)

Significantly Below Fair Value: AYDEM is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

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

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Future Growth

How is Aydem Yenilenebilir Enerji 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

17.2%

Forecasted Utilities 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 Aydem Yenilenebilir Enerji 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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Examine whether Aydem Yenilenebilir Enerji is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Aydem Yenilenebilir Enerji 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

47.2%

Last years revenue growth

Earnings and Revenue History

Quality Earnings: AYDEM has high quality earnings.

Growing Profit Margin: AYDEM became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: AYDEM has become profitable over the past 5 years.

Accelerating Growth: AYDEM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AYDEM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (47.7%).

Return on Equity

High ROE: AYDEM's Return on Equity (1.8%) is considered low.

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Financial Health

How is Aydem Yenilenebilir Enerji's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: AYDEM's short term assets (TRY2.3B) exceed its short term liabilities (TRY1.1B).

Long Term Liabilities: AYDEM's short term assets (TRY2.3B) do not cover its long term liabilities (TRY12.5B).

Debt to Equity History and Analysis

Debt Level: AYDEM's net debt to equity ratio (101.7%) is considered high.

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

Debt Coverage: AYDEM's debt is not well covered by operating cash flow (14.5%).

Interest Coverage: AYDEM's interest payments on its debt are not well covered by EBIT (1.6x coverage).

Balance Sheet

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Dividend

What is Aydem Yenilenebilir Enerji 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 AYDEM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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

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Management

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

1.0yrs

Average board tenure

CEO

Aydem Yenilenebilir Enerji has no CEO, or we have no data on them.

Board Members

Experienced Board: AYDEM's board of directors are not considered experienced ( 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 not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/06/24 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31