Türk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. More Details
High growth potential and fair value.
Share Price & News
How has Türk Hava Yollari Anonim Ortakligi's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TKHV.Y's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TKHV.Y exceeded the US Airlines industry which returned -42.6% over the past year.
Return vs Market: TKHV.Y underperformed the US Market which returned 15.6% over the past year.
Price Volatility Vs. Market
How volatile is Türk Hava Yollari Anonim Ortakligi's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Türk Hava Yollari Anonim Ortakligi undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TKHV.Y ($12.98) is trading above our estimate of fair value ($5.74)
Significantly Below Fair Value: TKHV.Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TKHV.Y is poor value based on its PE Ratio (9.4x) compared to the XN Airlines industry average (6.7x).
PE vs Market: TKHV.Y is good value based on its PE Ratio (9.4x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: TKHV.Y is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: TKHV.Y is good value based on its PB Ratio (0.3x) compared to the US Airlines industry average (0.8x).
How is Türk Hava Yollari Anonim Ortakligi forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TKHV.Y's forecast earnings growth (100.2% per year) is above the savings rate (2.2%).
Earnings vs Market: TKHV.Y's earnings (100.2% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TKHV.Y's revenue (21.4% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: TKHV.Y's revenue (21.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TKHV.Y's Return on Equity is forecast to be low in 3 years time (13.4%).
How has Türk Hava Yollari Anonim Ortakligi performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TKHV.Y has high quality earnings.
Growing Profit Margin: TKHV.Y's current net profit margins (2.2%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: TKHV.Y's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: TKHV.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TKHV.Y had negative earnings growth (-50%) over the past year, making it difficult to compare to the Airlines industry average (-38.5%).
Return on Equity
High ROE: TKHV.Y's Return on Equity (3.4%) is considered low.
How is Türk Hava Yollari Anonim Ortakligi's financial position?
Financial Position Analysis
Short Term Liabilities: TKHV.Y's short term assets (TRY28.6B) do not cover its short term liabilities (TRY44.3B).
Long Term Liabilities: TKHV.Y's short term assets (TRY28.6B) do not cover its long term liabilities (TRY84.2B).
Debt to Equity History and Analysis
Debt Level: TKHV.Y's debt to equity ratio (69.8%) is considered high.
Reducing Debt: TKHV.Y's debt to equity ratio has increased from 1.8% to 69.8% over the past 5 years.
Debt Coverage: TKHV.Y's debt is well covered by operating cash flow (46.3%).
Interest Coverage: TKHV.Y's interest payments on its debt are well covered by EBIT (8.6x coverage).
What is Türk Hava Yollari Anonim Ortakligi current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TKHV.Y's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TKHV.Y'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 TKHV.Y's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TKHV.Y's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TKHV.Y is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TKHV.Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bilal Eksi (52 yo)
Mr. Bilal Eksi serves as General Manager at Türk Hava Yollari Anonim Ortakligi since February 2020. He served as Chief Executive Officer of Türk Hava Yollari Anonim Ortakligi since October 21, 2016 until F ...
|GM, President & Director||4yrs||no data||no data|
|Chief Financial Officer||4.17yrs||no data||no data|
|Chief Investment & Technology Officer||8.75yrs||no data||no data|
|Senior Vice President of Accounting & Financial Control||no data||no data||no data|
|Investor Relations Manager||no data||no data||no data|
|Chief Marketing Officer||6.42yrs||no data||no data|
|Chief Human Resources Officer||5.5yrs||no data||no data|
|Senior Vice President of Network Planning||5.25yrs||no data||no data|
|Chief Commercial Officer||7.5yrs||no data||no data|
|Chief Information Technology & Transformation Officer||5.33yrs||no data||no data|
|Chief Cargo Officer||3.25yrs||no data||no data|
|Chief Flight Operations Officer||2.42yrs||no data||no data|
Experienced Management: TKHV.Y's management team is seasoned and experienced (5.3 years average tenure).
|GM, President & Director||4yrs||no data||no data|
|Independent Director||13.5yrs||no data||no data|
|Director||3.33yrs||no data||no data|
|Deputy Chairman||1.75yrs||no data||no data|
|Chairman of the Board||5.5yrs||no data||no data|
|Independent Director||5.5yrs||no data||no data|
|Director||2.42yrs||no data||no data|
|Independent Director||2.5yrs||no data||no data|
|Director||1.33yrs||no data||no data|
|Independent Director||no data||no data||no data|
Experienced Board: TKHV.Y's board of directors are considered experienced (3.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Türk Hava Yollari Anonim Ortakligi's company bio, employee growth, exchange listings and data sources
- Name: Türk Hava Yollari Anonim Ortakligi
- Ticker: TKHV.Y
- Exchange: OTCPK
- Founded: 1933
- Industry: Airlines
- Sector: Transportation
- Market Cap: ₺12.641b
- Listing Market Cap: ₺1.529b
- Shares outstanding: 1.38b
- Website: https://www.turkishairlines.com
Number of Employees
- Türk Hava Yollari Anonim Ortakligi
- Genel Yönetim Binasi
- Yesilköy Mahallesi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|THYAO||IBSE (Borsa Istanbul (BIST))||Yes||Class A Registered Shares||TR||TRY||Oct 1993|
|TKHV.Y||OTCPK (Pink Sheets LLC)||UNSP ADR EACH REPR 10 ORD||US||USD||Oct 2008|
|TU5A||BST (Boerse-Stuttgart)||UNSP ADR EACH REPR 10 ORD||DE||EUR||Oct 2008|
Türk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. The company offers domestic and international passenger and cargo air tr ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/29 00:00|
|End of Day Share Price||2020/10/28 00:00|
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.