OTCPK:KOZZ.F

Stock Analysis Report

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Executive Summary

Koza Altin Isletmeleri A.S. operates as a gold mining company in Turkey.


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Koza Altin Isletmeleri's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KOZZ.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

KOZZ.F

-0.9%

US Metals and Mining

-0.7%

US Market


1 Year Return

n/a

KOZZ.F

3.9%

US Metals and Mining

5.3%

US Market

Return vs Industry: Insufficient data to determine how KOZZ.F performed against the US Metals and Mining industry.

Return vs Market: Insufficient data to determine how KOZZ.F performed against the US Market.


Shareholder returns

KOZZ.FIndustryMarket
7 Day0%-0.9%-0.7%
30 Day0%6.0%4.6%
90 Dayn/a16.6%14.0%
1 Yearn/a6.4%3.9%7.6%5.3%
3 Yearn/a5.7%-1.1%34.9%26.1%
5 Yearn/a57.4%43.9%62.3%44.7%

Price Volatility Vs. Market

How volatile is Koza Altin Isletmeleri's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Koza Altin Isletmeleri undervalued compared to its fair value and its price relative to the market?

6.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KOZZ.F ($10.12) is trading above our estimate of fair value ($9.96)

Significantly Below Fair Value: KOZZ.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: KOZZ.F is good value based on its PE Ratio (6.8x) compared to the US Metals and Mining industry average (8.7x).

PE vs Market: KOZZ.F is good value based on its PE Ratio (6.8x) compared to the US market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: KOZZ.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: KOZZ.F is overvalued based on its PB Ratio (2.1x) compared to the US Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Koza Altin Isletmeleri forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-0.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KOZZ.F's earnings are forecast to decline over the next 3 years (-0.4% per year).

Earnings vs Market: KOZZ.F's earnings are forecast to decline over the next 3 years (-0.4% per year).

High Growth Earnings: KOZZ.F's earnings are forecast to decline over the next 3 years.

Revenue vs Market: KOZZ.F's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: KOZZ.F's revenue is forecast to decline over the next 3 years (-1.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KOZZ.F's Return on Equity is forecast to be high in 3 years time (20.2%)


Next Steps

Past Performance

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

40.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KOZZ.F has high quality earnings.

Growing Profit Margin: KOZZ.F's current net profit margins (59.9%) are lower than last year (72.1%).


Past Earnings Growth Analysis

Earnings Trend: KOZZ.F's earnings have grown significantly by 40.5% per year over the past 5 years.

Accelerating Growth: KOZZ.F's earnings growth over the past year (36.2%) is below its 5-year average (40.5% per year).

Earnings vs Industry: KOZZ.F earnings growth over the past year (36.2%) exceeded the Metals and Mining industry -11.3%.


Return on Equity

High ROE: KOZZ.F's Return on Equity (30%) is considered high.


Next Steps

Financial Health

How is Koza Altin Isletmeleri's financial position?


Financial Position Analysis

Short Term Liabilities: KOZZ.F's short term assets (TRY5.7B) exceed its short term liabilities (TRY458.4M).

Long Term Liabilities: KOZZ.F's short term assets (TRY5.7B) exceed its long term liabilities (TRY201.8M).


Debt to Equity History and Analysis

Debt Level: KOZZ.F is debt free.

Reducing Debt: KOZZ.F has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.

Debt Coverage: KOZZ.F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: KOZZ.F has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if KOZZ.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: KOZZ.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KOZZ.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

0.5yrs

Average management tenure


CEO

Ismet Demir

0.50

Tenure

Ismet Demir serves as Member of Management Board at Koza Altin Isletmeleri A.S. since 2020 and serves as its Chief Executive Officer since 2020. 


Leadership Team

NamePositionTenureCompensationOwnership
Ismet Demir
CEO & Member of the Board of Management0.50yrno datano data
Umay Uslu
Assistant Manager of Financeno datano datano data
Görkem Durdu
Assistant Manager of Accounting0.50yrno datano data
Tagmaç Çuhadar
Investor Relations Manager3.92yrsno datano data
Mustafa Berber
Chief Auditorno datano datano data
Cemalettin Etin
Assistant General Manager of Securityno datano datano data

0.5yrs

Average Tenure

Experienced Management: KOZZ.F's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ismet Demir
CEO & Member of the Board of Management0.50yrno datano data
Ismail Guler
Vice Chairman of the Board0.50yrno datano data
Enis Sirin
Member of Management Board0.58yrno datano data
Seref Safa
Chairman of the Board of Management0.50yrno datano data

0.5yrs

Average Tenure

Experienced Board: KOZZ.F's board of directors are not considered experienced ( 0.5 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.


Top Shareholders

Company Information

Koza Altin Isletmeleri A.S.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Koza Altin Isletmeleri A.S.
  • Ticker: KOZZ.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: ₺12.612b
  • Listing Market Cap: ₺1.838b
  • Shares outstanding: 152.50m
  • Website: https://www.kozaaltin.com.tr

Location

  • Koza Altin Isletmeleri A.S.
  • Istanbul Yolu, 10.km
  • No: 310, Batikent
  • Ankara
  • Turkey

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KOZALIBSE (Borsa Istanbul (BIST))YesGroup B SharesTRTRYFeb 2010
KOZZ.FOTCPK (Pink Sheets LLC)YesGroup B SharesUSUSDFeb 2010
KOZA.YOTCPK (Pink Sheets LLC)UNSP ADR EA REPR 1 ORD SHSUSUSDOct 2011

Biography

Koza Altin Isletmeleri A.S. operates as a gold mining company in Turkey. It owns interests in the Ovacik, Mastra, Cukuralan Kaymaz, Himmetdede, Coraklik, and Kubaslar gold mines; and Mollakara project. The company is headquartered in Ankara, Turkey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/14 00:35
End of Day Share Price2020/04/20 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.