Aygaz Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Melih Poyraz

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.1yrs
CEO ownership	n/a
Management average tenure	3.3yrs
Board average tenure	9.2yrs

Recent management updates

Recent updates

CEO

Melih Poyraz

1.1yrs

Tenure

Mr. Melih Poyraz serves as the Member of the Executive Board at Inventram Fikri Mülkiyet Haklari Yönetim Ticaret ve Yatirim A. S. since 2021. He is General Manager at Aygaz A. S. since April 17, 2023. He s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Melih Poyraz	General Manager	1.1yrs	no data	no data
Gokhan Dizemen	Assistant General Manager of Finance	3.3yrs	no data	no data
Ayse Bilgin	Assistant General Manager of Technical Affairs & Investments	3.3yrs	no data	no data
Ali Turunc	Director of Corporate Finance & Strategy	no data	no data	no data
Ridvan Uçar	Assistant General Manager Marketing & Innovation	6.2yrs	no data	no data
Fikret Cosar	Assistant General Manager of Sales	8.3yrs	no data	no data
Esra Topkoç	Director of Human Resources	2.3yrs	no data	no data

3.3yrs

Average Tenure

Experienced Management: AYGAZ's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rahmi Koc	Chairman of the Board	28.2yrs	no data	4.76% TRY 2.0b
Omer Koc	Vice Chairman	28.2yrs	no data	no data
Bülent Bulgurlu	Non-Independent Non-Executive Director	16.1yrs	no data	no data
Muharrem Kayhan	Independent Director	no data	no data	no data
Yagiz Eyuboglu	Non-Executive Non-Independent Director	8.1yrs	no data	no data
Levent Cakiroglu	Non-Executive Non-Independent Director	9.2yrs	no data	no data
Neslihan Tonbul	Independent Director	no data	no data	no data
Alexandre François Picciotto	Non-Independent Non-Executive Director	11.8yrs	no data	no data
Kutsan Çelebican	Non-Executive Independent Director	6.2yrs	no data	no data
Kemal Cansen	Non-Executive Independent Director	6.2yrs	no data	no data
Sadan Dikici	Non-Executive Independent Director	6.2yrs	no data	no data
M M Barbarosoglu	Independent Director	no data	no data	no data

9.2yrs

Average Tenure

66yo

Average Age

Experienced Board: AYGAZ's board of directors are considered experienced (9.2 years average tenure).

Aygaz Management

Management criteria checks 2/4

Key information

Recent management updates

Aygaz A.S., Annual General Meeting, Apr 01, 2024

Insufficient new directors

Insufficient new directors

Recent updates

Aygaz A.S., Annual General Meeting, Apr 01, 2024

Upcoming dividend of ₺6.85 per share

Full year 2023 earnings released: EPS: ₺27.09 (vs ₺17.32 in FY 2022)

New major risk - Revenue and earnings growth

Price target increased by 8.6% to ₺172

Aygaz A.S. to Report Fiscal Year 2023 Results on Mar 04, 2024

Consensus EPS estimates increase by 46%

Price target increased by 17% to ₺152

Third quarter 2023 earnings released: EPS: ₺11.02 (vs ₺5.63 in 3Q 2022)

Investor sentiment improves as stock rises 16%

Price target increased by 15% to ₺108

Investor sentiment improves as stock rises 17%

New minor risk - Dividend sustainability

Price target increased by 8.9% to ₺100

Second quarter 2023 earnings released: EPS: ₺3.30 (vs ₺4.98 in 2Q 2022)

Consensus revenue estimates increase by 17%, EPS downgraded

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 22%

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

First quarter 2023 earnings released: EPS: ₺3.13 (vs ₺0.91 in 1Q 2022)

Upcoming dividend of ₺1.00 per share at 1.3% yield

Full year 2022 earnings released

Investor sentiment deteriorates as stock falls 18%

Consensus EPS estimates increase by 161%

Price target increased by 21% to ₺65.84

Investor sentiment improved over the past week

Insufficient new directors

Third quarter 2022 earnings released: EPS: ₺7.00 (vs ₺1.53 in 3Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released

Price target increased to ₺26.26

First quarter 2022 earnings: EPS exceeds analyst expectations

Insufficient new directors

Price target increased to ₺24.17

Investor sentiment improved over the past week

Upcoming dividend of ₺0.50 per share

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Price target increased to ₺19.46

Price target increased to ₺17.75

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS ₺1.12 (vs ₺0.28 in 3Q 2020)

Price target increased to ₺16.43

Price target decreased to ₺15.26

Second quarter 2021 earnings released

First quarter 2021 earnings released: ₺0.038 loss per share (vs ₺0.75 loss in 1Q 2020)

Inaugural dividend of ₺0.50 per share

Revenue and earnings miss expectations

Full year 2020 earnings released: ₺0.083 loss per share (vs ₺0.91 profit in FY 2019)

Aygaz A.S. to Report Q4, 2020 Results on Feb 11, 2021

Price target raised to ₺16.67

New 90-day high: ₺15.00

New 90-day high: ₺14.58

Price target raised to ₺14.13

New 90-day high: ₺13.08

Revenue beats expectations, earnings disappoint

New 90-day low: ₺10.56

New 90-day low: ₺10.95

New 90-day low - ₺11.04

Aygaz A.S. to Report Q2, 2020 Results on Aug 12, 2020

First half earnings released

New 90-day high - ₺12.35

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age