Türk Telekomünikasyon Anonim Sirketi Past Earnings Performance

Past criteria checks 1/6

Türk Telekomünikasyon Anonim Sirketi has been growing earnings at an average annual rate of 37.7%, while the Telecom industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 22.1% per year. Türk Telekomünikasyon Anonim Sirketi's return on equity is 11.1%, and it has net margins of 3.6%.

Key information

37.7%

Earnings growth rate

37.7%

EPS growth rate

Telecom Industry Growth	6.7%
Revenue growth rate	22.1%
Return on equity	11.1%
Net Margin	3.6%
Last Earnings Update	30 Jun 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Türk Telekomünikasyon Anonim Sirketi makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:TRKN.F Revenue, expenses and earnings (TRY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jun 23	61,040	2,227	11,338	652
31 Mar 23	53,824	4,219	9,755	551
31 Dec 22	48,042	4,135	8,204	439
30 Sep 22	42,619	4,208	7,222	382
30 Jun 22	38,708	5,086	6,393	327
31 Mar 22	36,157	4,967	5,819	298
31 Dec 21	34,273	5,761	5,377	274
30 Sep 21	32,059	5,782	4,728	269
30 Jun 21	30,785	4,165	4,690	258
31 Mar 21	29,573	3,873	4,680	257
31 Dec 20	28,289	3,178	4,757	247
30 Sep 20	26,922	2,618	5,176	226
30 Jun 20	25,766	3,303	5,072	208
31 Mar 20	24,557	2,758	5,027	181
31 Dec 19	23,657	2,407	4,808	166
30 Sep 19	22,771	4,077	4,659	165
30 Jun 19	21,957	113	4,520	148
31 Mar 19	21,148	-1,191	4,341	153
31 Dec 18	20,431	-1,391	4,252	148
30 Sep 18	19,832	-3,719	4,170	144
30 Jun 18	18,968	-580	4,130	148
31 Mar 18	18,518	1,179	4,088	133
31 Dec 17	18,140	1,136	4,082	125
30 Sep 17	17,590	-139	4,053	113
30 Jun 17	17,176	-424	4,111	102
31 Mar 17	16,615	-1,066	4,266	96
31 Dec 16	16,109	-724	4,393	94
30 Sep 16	15,726	1,703	4,494	71
30 Jun 16	15,304	1,201	4,472	69
31 Mar 16	14,890	1,288	4,261	58
31 Dec 15	14,523	907	4,032	47
30 Sep 15	14,251	372	3,849	65
30 Jun 15	14,067	1,184	3,649	62
31 Mar 15	13,841	1,650	3,620	65
31 Dec 14	13,602	2,007	3,677	67
30 Sep 14	13,286	1,764	3,532	55
30 Jun 14	13,139	1,681	3,485	48
31 Mar 14	13,182	1,161	3,419	41
31 Dec 13	13,117	1,303	3,302	39
30 Sep 13	13,165	1,642	3,443	32
30 Jun 13	13,037	2,043	3,246	34
31 Mar 13	12,876	2,392	3,222	35
31 Dec 12	12,706	2,637	3,167	31
30 Sep 12	12,399	2,632	2,801	36

Quality Earnings: TRKN.F has a large one-off loss of TRY140.3M impacting its last 12 months of financial results to 30th June, 2023.

Growing Profit Margin: TRKN.F's current net profit margins (3.6%) are lower than last year (13.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TRKN.F has become profitable over the past 5 years, growing earnings by 37.7% per year.

Accelerating Growth: TRKN.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: TRKN.F had negative earnings growth (-56.2%) over the past year, making it difficult to compare to the Telecom industry average (-17.7%).

Return on Equity

High ROE: TRKN.F's Return on Equity (11.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/09/06 17:29
End of Day Share Price	2023/06/09 00:00
Earnings	2023/06/30
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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Türk Telekomünikasyon Anonim Sirketi is covered by 37 analysts. 6 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
Bora Tezgüler	Ak Yatirim Menkul Degerler A.S.
Tibor Bokor	Arqaam Capital Research Offshore S.A.L.
null null	Ata Invest