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ODAS

Odas Elektrik Üretim Sanayi Ticaret IBSE:ODAS Stock Report

Last Price

₺3.15

Market Cap

₺4.4b

7D

-1.9%

1Y

70.3%

Updated

27 Jun, 2022

Data

Company Financials +
ODAS fundamental analysis
Snowflake Score
Valuation6/6
Future Growth5/6
Past Performance3/6
Financial Health3/6
Dividends0/6

ODAS Stock Overview

Odas Elektrik Üretim Sanayi Ticaret A.S., together with its subsidiaries, produces and sells electricity by natural gas combined cycling in Turkey and internationally.

Odas Elektrik Üretim Sanayi Ticaret Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Odas Elektrik Üretim Sanayi Ticaret
Historical stock prices
Current Share Price₺3.15
52 Week High₺3.32
52 Week Low₺1.25
Beta1.27
1 Month Change22.09%
3 Month Change87.50%
1 Year Change70.27%
3 Year Change108.61%
5 Year Change-43.95%
Change since IPO79.31%

Recent News & Updates

Shareholder Returns

ODASTR Electric UtilitiesTR Market
7D-1.9%1.7%-0.9%
1Y70.3%99.4%63.2%

Return vs Industry: ODAS underperformed the TR Electric Utilities industry which returned 102.4% over the past year.

Return vs Market: ODAS exceeded the TR Market which returned 61.7% over the past year.

Price Volatility

Is ODAS's price volatile compared to industry and market?
ODAS volatility
ODAS Average Weekly Movement7.3%
Electric Utilities Industry Average Movement5.5%
Market Average Movement5.9%
10% most volatile stocks in TR Market8.7%
10% least volatile stocks in TR Market4.2%

Stable Share Price: ODAS is more volatile than 75% of TR stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ODAS's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TR stocks.

About the Company

FoundedEmployeesCEOWebsite
2010886Burak Altayhttps://www.odasenerji.com.tr

Odas Elektrik Üretim Sanayi Ticaret A.S., together with its subsidiaries, produces and sells electricity by natural gas combined cycling in Turkey and internationally. The company operates a natural gas combined cycle power plant with an installed capacity of 140 MW; a solar energy power plant with an installed capacity of 0.25 MW; a hydroelectric power plant with an installed capacity of 8.2 MW; and a thermal power plant with an installed capacity of 340 MW. It also produces, imports, and wholesales natural gas, liquefied natural gas (LNG), and compressed natural gas (CNG) to exporters, LNG and CNG clients, wholesale companies, and eligible consumers.

Odas Elektrik Üretim Sanayi Ticaret Fundamentals Summary

How do Odas Elektrik Üretim Sanayi Ticaret's earnings and revenue compare to its market cap?
ODAS fundamental statistics
Market Cap₺4.41b
Earnings (TTM)₺617.46m
Revenue (TTM)₺2.24b

7.1x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ODAS income statement (TTM)
Revenue₺2.24b
Cost of Revenue₺1.38b
Gross Profit₺856.71m
Other Expenses₺239.25m
Earnings₺617.46m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin38.26%
Net Profit Margin27.57%
Debt/Equity Ratio61.7%

How did ODAS perform over the long term?

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

Valuation

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

Valuation Score

6/6

Valuation Score 6/6

  • 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 ODAS?

Other financial metrics that can be useful for relative valuation.

ODAS 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/Revenue3x
Enterprise Value/EBITDA8.2x
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

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

ODAS PE Ratio vs Peers
The above table shows the PE ratio for ODAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.5x
AYEN Ayen Enerji
12.3xn/a₺4.1b
ENJSA Enerjisa Enerji
8.6x25.1%₺16.8b
CANTE Çan2 Termik
33.3xn/a₺13.1b
PRKME Park Elektrik Üretim Madencilik Sanayi ve Ticaret
3.6xn/a₺923.0m
ODAS Odas Elektrik Üretim Sanayi Ticaret
7.1x28.9%₺4.4b

Price-To-Earnings vs Peers: ODAS is good value based on its Price-To-Earnings Ratio (7.1x) compared to the peer average (14.5x).


Price to Earnings Ratio vs Industry

How does ODAS's PE Ratio compare vs other companies in the Asian Electric Utilities Industry?

Price-To-Earnings vs Industry: ODAS is good value based on its Price-To-Earnings Ratio (7.1x) compared to the TR Electric Utilities industry average (8.7x)


Price to Earnings Ratio vs Fair Ratio

What is ODAS'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.

ODAS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.1x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: ODAS is good value based on its Price-To-Earnings Ratio (7.1x) compared to the estimated Fair Price-To-Earnings Ratio (14x).


Share Price vs Fair Value

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

Below Fair Value: ODAS (TRY3.15) is trading below our estimate of fair value (TRY80.26)

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


Price to Earnings Growth Ratio

PEG Ratio: ODAS is good value based on its PEG Ratio (0.2x)


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Future Growth

How is Odas Elektrik Üretim Sanayi Ticaret forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


28.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ODAS's forecast earnings growth (28.9% per year) is above the savings rate (9%).

Earnings vs Market: ODAS's earnings (28.9% per year) are forecast to grow faster than the TR market (16.1% per year).

High Growth Earnings: ODAS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ODAS's revenue (37.6% per year) is forecast to grow faster than the TR market (13.8% per year).

High Growth Revenue: ODAS's revenue (37.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ODAS's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Odas Elektrik Üretim Sanayi Ticaret 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


3.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ODAS has high quality earnings.

Growing Profit Margin: ODAS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ODAS has become profitable over the past 5 years, growing earnings by 3.5% per year.

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

Earnings vs Industry: ODAS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electric Utilities industry (-0.2%).


Return on Equity

High ROE: ODAS's Return on Equity (16.9%) is considered low.


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Financial Health

How is Odas Elektrik Üretim Sanayi 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: ODAS's short term assets (TRY1.7B) exceed its short term liabilities (TRY1.5B).

Long Term Liabilities: ODAS's short term assets (TRY1.7B) do not cover its long term liabilities (TRY2.1B).


Debt to Equity History and Analysis

Debt Level: ODAS's net debt to equity ratio (52.8%) is considered high.

Reducing Debt: ODAS's debt to equity ratio has reduced from 508.6% to 61.7% over the past 5 years.

Debt Coverage: ODAS's debt is well covered by operating cash flow (133.5%).

Interest Coverage: ODAS's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


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Dividend

What is Odas Elektrik Üretim Sanayi 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

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

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


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Management

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

7.6yrs

Average board tenure


CEO

Burak Altay

10.42yrs

Tenure

Mr. Burak Altay has been Deputy Chairman of Board and Chief Executive Officer at Odas Elektrik Uretim Sanayi Ticaret Anonim Sirketi since 2012 and has been its Executive Director since June 03, 2013. He gr...


Board Members

Experienced Board: ODAS's board of directors are considered experienced (7.6 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 been substantially diluted in the past year, with total shares outstanding growing by 133.3%.


Top Shareholders

Company Information

Odas Elektrik Üretim Sanayi Ticaret A.S.'s employee growth, exchange listings and data sources


Key Information

  • Name: Odas Elektrik Üretim Sanayi Ticaret A.S.
  • Ticker: ODAS
  • Exchange: IBSE
  • Founded: 2010
  • Industry: Electric Utilities
  • Sector: Utilities
  • Implied Market Cap: ₺4.410b
  • Shares outstanding: 1.40b
  • Website: https://www.odasenerji.com.tr

Number of Employees


Location

  • Odas Elektrik Üretim Sanayi Ticaret A.S.
  • Barbaros Mh. Karanfil Sk.
  • Varyap Meridian Sitesi No:1/D Villa 4
  • Istanbul
  • Turkey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 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.