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Koza Altin Isletmeleri

OTCPK:KOZZ.F
Snowflake Description

Outstanding track record with flawless balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KOZZ.F
OTCPK
TRY8B
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Koza Altin Isletmeleri A.S., a gold mining company, acquires, explores for, and develops gold and silver projects in Turkey. The last earnings update was 67 days ago. More info.


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KOZZ.F Share Price and Events
7 Day Returns
0%
OTCPK:KOZZ.F
-0.6%
US Metals and Mining
0.6%
US Market
1 Year Returns
-
OTCPK:KOZZ.F
-16.9%
US Metals and Mining
4.7%
US Market
KOZZ.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Koza Altin Isletmeleri (KOZZ.F) 0% 0% - - - -
US Metals and Mining -0.6% 5.5% -3.8% -16.9% -1.3% -18.7%
US Market 0.6% 4.2% 2.7% 4.7% 38% 43.5%
1 Year Return vs Industry and Market
  • No trading data on KOZZ.F.
  • No trading data on KOZZ.F.
Price Volatility
KOZZ.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Koza Altin Isletmeleri's competitors could be found in our database.

KOZZ.F Value

 Is Koza Altin Isletmeleri undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Koza Altin Isletmeleri to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Koza Altin Isletmeleri.

OTCPK:KOZZ.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:KOZZ.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.049 (1 + (1- 22%) (0.05%))
1.033
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.033 * 5.96%)
8.89%

Discounted Cash Flow Calculation for OTCPK:KOZZ.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Koza Altin Isletmeleri is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:KOZZ.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (TRY, Millions) Source Present Value
Discounted (@ 8.89%)
2020 1,121.19 Analyst x2 1,029.68
2021 1,163.65 Analyst x2 981.46
2022 685.10 Analyst x1 530.67
2023 442.58 Analyst x1 314.84
2024 354.84 Est @ -19.83% 231.82
2025 308.50 Est @ -13.06% 185.10
2026 282.83 Est @ -8.32% 155.85
2027 268.67 Est @ -5.01% 135.96
2028 261.45 Est @ -2.69% 121.51
2029 258.68 Est @ -1.06% 110.41
Present value of next 10 years cash flows TRY3,797.30
OTCPK:KOZZ.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= TRY258.68 × (1 + 2.73%) ÷ (8.89% – 2.73%)
TRY4,316.18
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= TRY4,316.18 ÷ (1 + 8.89%)10
TRY1,842.23
OTCPK:KOZZ.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= TRY3,797.30 + TRY1,842.23
TRY5,639.53
Equity Value per Share
(TRY)
= Total value / Shares Outstanding
= TRY5,639.53 / 152.50
TRY36.98
OTCPK:KOZZ.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:KOZZ.F represents 0.13742x of IBSE:KOZAL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.13742x
Value per Share
(Listing Adjusted, USD)
= Value per Share (TRY) x Listing Adjustment Factor
= TRY 36.98 x 0.13742
$5.08
Value per share (USD) From above. $5.08
Current discount Discount to share price of $7.13
= -1 x ($7.13 - $5.08) / $5.08
-40.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Koza Altin Isletmeleri is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Koza Altin Isletmeleri's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Koza Altin Isletmeleri's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:KOZZ.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in TRY TRY8.86
IBSE:KOZAL Share Price ** IBSE (2019-05-02) in TRY TRY51.9
United States of America Metals and Mining Industry PE Ratio Median Figure of 45 Publicly-Listed Metals and Mining Companies 12.41x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 18.01x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Koza Altin Isletmeleri.

OTCPK:KOZZ.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= IBSE:KOZAL Share Price ÷ EPS (both in TRY)

= 51.9 ÷ 8.86

5.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Koza Altin Isletmeleri is good value based on earnings compared to the US Metals and Mining industry average.
  • Koza Altin Isletmeleri is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Koza Altin Isletmeleri's expected growth come at a high price?
Raw Data
OTCPK:KOZZ.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
6.4%per year
United States of America Metals and Mining Industry PEG Ratio Median Figure of 23 Publicly-Listed Metals and Mining Companies 0.65x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

OTCPK:KOZZ.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.86x ÷ 6.4%

0.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Koza Altin Isletmeleri is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Koza Altin Isletmeleri's assets?
Raw Data
OTCPK:KOZZ.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in TRY TRY28.28
IBSE:KOZAL Share Price * IBSE (2019-05-02) in TRY TRY51.9
United States of America Metals and Mining Industry PB Ratio Median Figure of 105 Publicly-Listed Metals and Mining Companies 1.48x
United States of America Market PB Ratio Median Figure of 5,239 Publicly-Listed Companies 1.81x
OTCPK:KOZZ.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= IBSE:KOZAL Share Price ÷ Book Value per Share (both in TRY)

= 51.9 ÷ 28.28

1.84x

* Primary Listing of Koza Altin Isletmeleri.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Koza Altin Isletmeleri is overvalued based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Koza Altin Isletmeleri's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Koza Altin Isletmeleri has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KOZZ.F Future Performance

 How is Koza Altin Isletmeleri expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Koza Altin Isletmeleri expected to grow at an attractive rate?
  • Koza Altin Isletmeleri's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Koza Altin Isletmeleri's earnings growth is positive but not above the United States of America market average.
  • Koza Altin Isletmeleri's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:KOZZ.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:KOZZ.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 6.4%
OTCPK:KOZZ.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 7%
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 17.6%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:KOZZ.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in TRY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:KOZZ.F Future Estimates Data
Date (Data in TRY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 2,959 1
2022-12-31 2,729 1
2021-12-31 2,723 1,612 1,512 1
2020-12-31 2,759 1,406 1,833 3
2019-12-31 2,334 894 1,592 2
OTCPK:KOZZ.F Past Financials Data
Date (Data in TRY Millions) Revenue Cash Flow Net Income *
2019-03-31 1,875 1,346 1,352
2018-12-31 1,611 984 1,174
2018-09-30 1,342 953 1,111
2018-06-30 1,118 616 761
2018-03-31 927 327 542
2017-12-31 968 393 532
2017-09-30 1,000 338 593
2017-06-30 1,034 339 634
2017-03-31 1,019 379 618
2016-12-31 1,039 471 395
2016-09-30 1,052 385 217
2016-06-30 946 492 151

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Koza Altin Isletmeleri's earnings are expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).
  • Koza Altin Isletmeleri's revenue is expected to grow by 7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:KOZZ.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Koza Altin Isletmeleri Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:KOZZ.F Future Estimates Data
Date (Data in TRY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 11.55 12.09 11.00 2.00
2019-12-31 10.20 10.20 10.20 1.00
OTCPK:KOZZ.F Past Financials Data
Date (Data in TRY Millions) EPS *
2019-03-31 8.86
2018-12-31 7.70
2018-09-30 7.29
2018-06-30 4.99
2018-03-31 3.55
2017-12-31 3.49
2017-09-30 3.89
2017-06-30 4.16
2017-03-31 4.05
2016-12-31 2.59
2016-09-30 1.42
2016-06-30 0.99

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Koza Altin Isletmeleri will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Koza Altin Isletmeleri's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Koza Altin Isletmeleri has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KOZZ.F Past Performance

  How has Koza Altin Isletmeleri performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Koza Altin Isletmeleri's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Koza Altin Isletmeleri has delivered over 20% year on year earnings growth in the past 5 years.
  • Koza Altin Isletmeleri's 1-year earnings growth exceeds its 5-year average (149.5% vs 23.8%)
  • Koza Altin Isletmeleri's earnings growth has exceeded the US Metals and Mining industry average in the past year (149.5% vs 25.8%).
Earnings and Revenue History
Koza Altin Isletmeleri's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Koza Altin Isletmeleri Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:KOZZ.F Past Revenue, Cash Flow and Net Income Data
Date (Data in TRY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,874.61 1,351.75 128.15 46.56
2018-12-31 1,610.62 1,173.75 117.58 38.00
2018-09-30 1,342.18 1,111.07 118.20 29.15
2018-06-30 1,118.47 761.19 112.99 19.36
2018-03-31 926.77 541.84 106.94 12.87
2017-12-31 967.58 531.89 105.57 5.70
2017-09-30 1,000.22 592.88 121.75 -2.29
2017-06-30 1,033.55 633.86 117.52 -1.88
2017-03-31 1,019.24 618.21 116.40 -1.60
2016-12-31 1,038.82 395.16 107.33
2016-09-30 1,051.55 217.11 98.10 -12.59
2016-06-30 945.76 150.82 96.47 -8.29
2016-03-31 926.56 72.47 94.27 -3.28
2015-12-31 831.96 260.97 96.25
2015-09-30 755.53 405.76 81.04 14.88
2015-06-30 778.77 396.65 81.90 10.17
2015-03-31 767.10 446.39 85.39 4.88
2014-12-31 885.89 494.89 88.27
2014-09-30 947.11 478.02 86.70
2014-06-30 1,009.95 510.38 91.67
2014-03-31 1,032.18 539.97 91.79
2013-12-31 929.41 497.97 93.75
2013-09-30 924.90 490.15 102.77
2013-06-30 898.05 497.36 93.35
2013-03-31 925.25 531.17 92.37
2012-12-31 1,043.15 618.10 89.48
2012-09-30 1,089.86 653.48 103.90 -17.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Koza Altin Isletmeleri has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Koza Altin Isletmeleri used its assets more efficiently than the US Metals and Mining industry average last year based on Return on Assets.
  • Koza Altin Isletmeleri has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Koza Altin Isletmeleri's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Koza Altin Isletmeleri has a total score of 6/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KOZZ.F Health

 How is Koza Altin Isletmeleri's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Koza Altin Isletmeleri's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Koza Altin Isletmeleri is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Koza Altin Isletmeleri's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Koza Altin Isletmeleri's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Koza Altin Isletmeleri has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Koza Altin Isletmeleri Company Filings, last reported 3 months ago.

OTCPK:KOZZ.F Past Debt and Equity Data
Date (Data in TRY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 4,313.20 0.00 2,874.25
2018-12-31 3,987.68 0.00 2,558.72
2018-09-30 3,799.39 0.00 2,455.96
2018-06-30 3,314.92 0.00 2,069.80
2018-03-31 2,957.79 0.00 1,756.57
2017-12-31 2,814.64 0.00 1,812.74
2017-09-30 2,751.24 0.00 1,797.27
2017-06-30 2,617.15 0.00 1,718.30
2017-03-31 2,479.27 0.00 1,636.74
2016-12-31 2,349.01 0.00 1,540.60
2016-09-30 2,159.76 4.67 1,458.43
2016-06-30 1,984.85 9.01 1,246.23
2016-03-31 1,862.64 8.83 1,161.45
2015-12-31 1,949.56 13.22 1,016.94
2015-09-30 2,007.13 13.73 1,247.12
2015-06-30 1,873.82 16.15 1,079.62
2015-03-31 1,808.06 15.56 1,232.46
2014-12-31 1,868.68 0.00 1,070.79
2014-09-30 1,722.39 0.00 990.92
2014-06-30 1,770.05 0.00 1,019.36
2014-03-31 1,678.24 0.00 1,103.33
2013-12-31 1,693.29 0.00 940.73
2013-09-30 1,610.94 0.00 858.68
2013-06-30 1,471.72 0.00 813.29
2013-03-31 1,510.84 3.50 940.94
2012-12-31 1,365.37 6.91 927.53
2012-09-30 1,244.44 10.37 835.40
  • Koza Altin Isletmeleri has no debt.
  • Koza Altin Isletmeleri had no debt 5 years ago.
  • Koza Altin Isletmeleri has no debt, it does not need to be covered by operating cash flow.
  • Koza Altin Isletmeleri has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Koza Altin Isletmeleri's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Koza Altin Isletmeleri has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KOZZ.F Dividends

 What is Koza Altin Isletmeleri's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Koza Altin Isletmeleri dividends.
If you bought $2,000 of Koza Altin Isletmeleri shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Koza Altin Isletmeleri's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Koza Altin Isletmeleri's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:KOZZ.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2018 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:KOZZ.F Future Dividends Estimate Data
Date (Data in TRY) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
OTCPK:KOZZ.F Past Annualized Dividends Data
Date (Data in TRY) Dividend per share (annual) Avg. Yield (%)
2014-04-30 0.890 4.320
2014-03-03 0.890 4.523
2014-01-15 0.890 4.474
2013-03-14 0.860 2.867
2010-11-08 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Koza Altin Isletmeleri has not reported any payouts.
  • Unable to verify if Koza Altin Isletmeleri's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Koza Altin Isletmeleri's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Koza Altin Isletmeleri has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Koza Altin Isletmeleri's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Koza Altin Isletmeleri afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Koza Altin Isletmeleri has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KOZZ.F Management

 What is the CEO of Koza Altin Isletmeleri's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Salih Güzel
TENURE AS CEO 3.5 years
CEO Bio

Salih Güzel is employed with Koza Altin Isletmeleri A.S.

CEO Compensation
  • Insufficient data for Salih to compare compensation growth.
  • Insufficient data for Salih to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Koza Altin Isletmeleri management team in years:

2
Average Tenure
  • The tenure for the Koza Altin Isletmeleri management team is about average.
Management Team

Salih Güzel

TITLE
General Manager
TENURE
3.5 yrs

Ali Altintas

TITLE
Chairman of Board of Management

Serhat Ödük

TITLE
Assistant General Manager of Finance & Commercial
TENURE
2.5 yrs

Ismail Güler

TITLE
Member of the Board of Management
TENURE
3.5 yrs

Sevket Çetin

TITLE
Assistant General Manager of Operations
TENURE
0.5 yrs

Enis Sirin

TITLE
Member of Management Board
TENURE
0.5 yrs

Görkem Durdu

TITLE
Assistant Manager of Accounting
TENURE
1 yrs

Halit Demircan

TITLE
Assistant General Manager of Technical

Tagmaç Çuhadar

TITLE
Investor Relations Manager
TENURE
2.9 yrs

Serhat Tugral

TITLE
Chief Legal Officer
TENURE
1.5 yrs
Board of Directors
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Koza Altin Isletmeleri's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Koza Altin Isletmeleri has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KOZZ.F News

Simply Wall St News

KOZZ.F Company Info

Description

Koza Altin Isletmeleri A.S., a gold mining company, acquires, explores for, and develops gold and silver projects in Turkey. The company holds interests in Ovacik, Cukuralan, Coraklik, and Kubaslar gold mines located in Ovacik village; Mastra gold mine situated to the northwest of Gumushane and northeast of Mastra village; Kaymaz gold mine located at Kaymaz village of Sivrihisar town; Himmetdede gold mine situated between Kalaba and Himmetdede villages; and Sogut project located to the northwest Eskisehir province, Turkey. Koza Altin Isletmeleri A. S. is headquartered in Ankara, Turkey.

Details
Name: Koza Altin Isletmeleri A.S.
KOZZ.F
Exchange: OTCPK
Founded:
TRY1,377,244,718
152,499,999
Website: http://www.kozaaltin.com.tr
Address: Koza Altin Isletmeleri A.S.
Istanbul Yolu, 10.km,
No: 310, Batikent,
Ankara,
Turkey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IBSE KOZAL Group B Shares Borsa Istanbul (BIST) TR TRY 12. Feb 2010
OTCPK KOZZ.F Group B Shares Pink Sheets LLC US USD 12. Feb 2010
OTCPK KOZA.Y UNSP ADR EA REPR 1 ORD SHS Pink Sheets LLC US USD 17. Oct 2011
Number of employees
Current staff
Staff numbers
0
Koza Altin Isletmeleri employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 01:04
End of day share price update: 2019/05/02 00:00
Last estimates confirmation: 2019/06/24
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.