OTCPK:TRKN.F

Stock Analysis Report

Türk Telekomünikasyon Anonim Sirketi

Executive Summary

Türk Telekomünikasyon Anonim Sirketi, together with its subsidiaries, provides integrated telecommunication services in Turkey.

Snowflake

Fundamentals

High growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Türk Telekomünikasyon Anonim Sirketi's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:TRKN.F

3.1%

US Telecom

1.2%

US Market


1 Year Return

n/a

OTCPK:TRKN.F

8.4%

US Telecom

1.7%

US Market

No trading data on TRKN.F.

No trading data on TRKN.F.


Share holder returns

TRKN.FIndustryMarket
7 Day0%3.1%1.2%
30 Day5.4%7.5%4.9%
90 Day24.0%9.8%3.7%
1 Yearn/a14.1%8.4%3.9%1.7%
3 Yearn/a18.1%0.9%47.2%37.7%
5 Yearn/a35.1%4.2%60.0%42.4%

Price Volatility Vs. Market

How volatile is Türk Telekomünikasyon Anonim Sirketi's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Türk Telekomünikasyon Anonim Sirketi undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Türk Telekomünikasyon Anonim Sirketi's share price is below the future cash flow value, and at a moderate discount (> 20%).

Türk Telekomünikasyon Anonim Sirketi's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Türk Telekomünikasyon Anonim Sirketi is overvalued based on earnings compared to the US Telecom industry average.

Türk Telekomünikasyon Anonim Sirketi is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Türk Telekomünikasyon Anonim Sirketi is poor value based on expected growth next year.


Price Based on Value of Assets

Türk Telekomünikasyon Anonim Sirketi is overvalued based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is Türk Telekomünikasyon Anonim Sirketi expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

42.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Türk Telekomünikasyon Anonim Sirketi's revenue is expected to grow by 10.8% yearly, however this is not considered high growth (20% yearly).

Türk Telekomünikasyon Anonim Sirketi's earnings are expected to grow significantly at over 20% yearly.

Türk Telekomünikasyon Anonim Sirketi's revenue growth is expected to exceed the United States of America market average.

Türk Telekomünikasyon Anonim Sirketi's earnings growth is expected to exceed the United States of America market average.

Türk Telekomünikasyon Anonim Sirketi's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Türk Telekomünikasyon Anonim Sirketi is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Türk Telekomünikasyon Anonim Sirketi performed over the past 5 years?

-52.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Türk Telekomünikasyon Anonim Sirketi's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Türk Telekomünikasyon Anonim Sirketi has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Türk Telekomünikasyon Anonim Sirketi has become profitable in the last year making it difficult to compare the US Telecom industry average.


Return on Equity

Türk Telekomünikasyon Anonim Sirketi has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

It is difficult to establish if Türk Telekomünikasyon Anonim Sirketi has efficiently used its assets last year compared to the US Telecom industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

Türk Telekomünikasyon Anonim Sirketi has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Türk Telekomünikasyon Anonim Sirketi's financial position?


Financial Position Analysis

Türk Telekomünikasyon Anonim Sirketi's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Türk Telekomünikasyon Anonim Sirketi's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Türk Telekomünikasyon Anonim Sirketi's level of debt (267.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (166.4% vs 267.9% today).

Debt is well covered by operating cash flow (45.1%, greater than 20% of total debt).

Türk Telekomünikasyon Anonim Sirketi earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.5x debt.


Next Steps

Dividend

What is Türk Telekomünikasyon Anonim Sirketi's current dividend yield, its reliability and sustainability?

10.15%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate Türk Telekomünikasyon Anonim Sirketi's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Türk Telekomünikasyon Anonim Sirketi's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Türk Telekomünikasyon Anonim Sirketi has not reported any payouts.

Unable to verify if Türk Telekomünikasyon Anonim Sirketi's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Türk Telekomünikasyon Anonim Sirketi has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.2x coverage).


Next Steps

Management

What is the CEO of Türk Telekomünikasyon Anonim Sirketi's salary, the management and board of directors tenure and is there insider trading?

2.7yrs

Average management tenure


CEO

Ümit Önal 0

0.2yrs

Tenure

0

Mr. Ümit Önal serves as Chief Executive Officer and General Manager at Türk Telekomünikasyon Anonim Sirketi since July 31, 2019. He has been Marketing and Customer Care Assistant General Manager and Acting ...


Management Age and Tenure

2.7yrs

Average Tenure

49yo

Average Age

The tenure for the Türk Telekomünikasyon Anonim Sirketi management team is about average.


Board Age and Tenure

0.8yrs

Average Tenure

52yo

Average Age

The average tenure for the Türk Telekomünikasyon Anonim Sirketi board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Sükrü Kutlu (49yo)

    Assistant General Manager of Human Resources

    • Tenure: 2.8yrs
  • Nazif Burca (51yo)

    CEO Advisor

    • Tenure: 12.2yrs
  • Bülent Kaytaz

    Chief Executive Officer of Argela

    • Tenure: 0yrs
  • Kaan Aktan (49yo)

    Assistant General Manager of Finance

    • Tenure: 2.8yrs
  • Süleyman Kisac

    Corporate Governance and Compliance Manager

    • Tenure: 0yrs
  • Sabriye Çullas

    Investor Relations Director

    • Tenure: 0yrs
  • Ümit Önal

    CEO, Acting GM

    • Tenure: 0.2yrs
  • Yakup Öztunç

    Assistant General Manager of Legal

    • Tenure: 2.7yrs
  • Yavuz Türkmen

    Head of Internal Audit

    • Tenure: 2.6yrs
  • Yusuf Kiraç

    Assistant General Manager of Technology

    • Tenure: 1.7yrs

Board Members

  • Eyüp Engin

    Vice Chairman

    • Tenure: 0yrs
  • Muammer Sezgin (58yo)

    Director

    • Tenure: 0.8yrs
  • Aclan Acar

    Director

    • Tenure: 0.5yrs
  • Hakan Aran (51yo)

    Director

    • Tenure: 0.8yrs
  • Yigit Bulut (47yo)

    Independent Non-Executive Director

    • Tenure: 5.3yrs
  • Ali Polat (47yo)

    Member of Statutory Audit Board

    • Tenure: 3.3yrs
  • Ömer Sayan

    Chairman

    • Tenure: 0yrs
  • Nureddin Nebati (55yo)

    Independent Director

    • Tenure: 0.8yrs
  • Selim Dursun (62yo)

    Independent Board Member

    • Tenure: 0yrs
  • Ertugrul Altin (52yo)

    Director

    • Tenure: 0.5yrs

Company Information

Türk Telekomünikasyon Anonim Sirketi's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Türk Telekomünikasyon Anonim Sirketi
  • Ticker: TRKN.F
  • Exchange: OTCPK
  • Founded: 1840
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: YTL19.740b
  • Listing Market Cap: YTL3.479b
  • Shares outstanding: 3.50b
  • Website: https://www.turktelekom.com.tr

Number of Employees


Location

  • Türk Telekomünikasyon Anonim Sirketi
  • Turgut Özal Bulvari
  • Aydinlikevler
  • Ankara
  • 6103
  • Turkey

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TTKOMIBSE (Borsa Istanbul (BIST))YesGroup D Bearer SharesTRTRYMay 2008
TRKN.FOTCPK (Pink Sheets LLC)YesGroup D Bearer SharesUSUSDMay 2008
TRKN.YOTCPK (Pink Sheets LLC)ADRUSUSDAug 2011
4TTABST (Boerse-Stuttgart)ADRDEEURAug 2011

Biography

Türk Telekomünikasyon Anonim Sirketi, together with its subsidiaries, provides integrated telecommunication services in Turkey. The company operates in two segments, Fixed line and Mobile. It offers local, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 00:34
End of Day Share Price2019/09/05 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.