Karsan Otomotiv Sanayii ve Ticaret Past Earnings Performance

Past criteria checks 2/6

Karsan Otomotiv Sanayii ve Ticaret has been growing earnings at an average annual rate of 64.1%, while the Auto industry saw earnings growing at 24.7% annually. Revenues have been growing at an average rate of 21.9% per year. Karsan Otomotiv Sanayii ve Ticaret's return on equity is 5%, and it has net margins of 2.3%.

Key information

64.1%

Earnings growth rate

62.0%

EPS growth rate

Auto Industry Growth	23.9%
Revenue growth rate	21.9%
Return on equity	5.0%
Net Margin	2.3%
Last Earnings Update	30 Sep 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Karsan Otomotiv Sanayii ve Ticaret makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:KRSO.F Revenue, expenses and earnings (TRY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 23	5,099	115	707	12
30 Jun 23	4,477	183	590	10
31 Mar 23	3,913	217	525	12
31 Dec 22	2,994	126	458	9
30 Sep 22	2,690	131	399	8
30 Jun 22	2,503	164	336	7
31 Mar 22	2,079	61	274	6
31 Dec 21	2,100	99	244	6
30 Sep 21	1,576	1	163	10
30 Jun 21	1,579	-24	159	11
31 Mar 21	1,480	12	149	10
31 Dec 20	1,616	20	148	10
30 Sep 20	1,731	4	121	5
30 Jun 20	1,636	6	115	5
31 Mar 20	1,759	41	117	8
31 Dec 19	1,882	18	120	10
30 Sep 19	1,729	17	99	10
30 Jun 19	1,812	5	108	11
31 Mar 19	1,792	-42	113	10
31 Dec 18	1,683	-23	105	9
30 Sep 18	1,648	-9	115	10
30 Jun 18	1,482	-1	100	9
31 Mar 18	1,368	10	81	9
31 Dec 17	1,152	7	74	7
30 Sep 17	1,119	14	134	4
30 Jun 17	1,001	-26	130	3
31 Mar 17	1,040	-57	146	2
31 Dec 16	972	-74	154	3
30 Sep 16	1,242	-117	86	3
30 Jun 16	1,307	-90	92	3
31 Mar 16	1,228	-77	84	3
31 Dec 15	1,169	-63	77	3
30 Sep 15	681	-82	77	2
30 Jun 15	516	-101	68	2
31 Mar 15	362	-95	60	2
31 Dec 14	358	-85	69	2
30 Sep 14	381	-32	77	2
30 Jun 14	523	6	78	2
31 Mar 14	768	18	87	2
31 Dec 13	913	16	74	2
30 Sep 13	916	-30	70	2
30 Jun 13	836	-54	63	2
31 Mar 13	667	-68	50	2
31 Dec 12	583	-59	50	2

Quality Earnings: KRSO.F has high quality earnings.

Growing Profit Margin: KRSO.F's current net profit margins (2.3%) are lower than last year (4.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: KRSO.F has become profitable over the past 5 years, growing earnings by 64.1% per year.

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

Earnings vs Industry: KRSO.F had negative earnings growth (-12%) over the past year, making it difficult to compare to the Auto industry average (-3.5%).

Return on Equity

High ROE: KRSO.F's Return on Equity (5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/12/03 06:13
End of Day Share Price	2023/09/05 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Karsan Otomotiv Sanayii ve Ticaret A.S. is covered by 1 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kurthan Atmaca	Deniz Yatirim Menkul Degerler A.S.