Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM P/E Multiple | 8.3x - 9.2x | 8.7x |
| Selected Fwd P/E Multiple | 7.0x - 7.7x | 7.4x |
| Fair Value | ₺222.76 - ₺246.21 | ₺234.48 |
| Upside | -8.3% - 1.3% | -3.5% |
| Benchmarks | - | Full Ticker |
| Türk Hava Yollari Anonim Ortakligi | - | IBSE:THYAO |
| China Eastern Airlines Corporation Limited | 60,011,500.0% | SHSE:600115 |
| American Airlines Group Inc. | - | BVL:AAL |
| Norwegian Air Shuttle ASA | - | OB:NAS |
| China Southern Airlines Company Limited | - | PINC:CHKI.F |
| Pegasus Hava Tasimaciligi Anonim Sirketi | - | IBSE:PGSUS |
| - | - | - |
| Select Price / LTM EPS Ratio | ||||||||
| Benchmark Companies | ||||||||
| THYAO | 600115 | AAL | NAS | CHKI.F | PGSUS | |||
| IBSE:THYAO | SHSE:600115 | BVL:AAL | OB:NAS | PINC:CHKI.F | IBSE:PGSUS | |||
| Historical Net Income Growth | ||||||||
| 5Y CAGR | 90.4% | NM- | -12.9% | NM- | NM- | 58.4% | ||
| 3Y CAGR | 139.9% | NM- | NM- | -12.9% | NM- | NM- | ||
| Latest Twelve Months | -30.4% | 48.4% | 37.0% | -24.7% | 59.7% | -36.5% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 11.1% | -24.5% | -9.9% | -86.0% | -11.5% | -1.7% | ||
| Prior Fiscal Year | 32.3% | -7.2% | 1.6% | 6.3% | -2.6% | 29.6% | ||
| Latest Fiscal Year | 15.2% | -3.2% | 1.6% | 3.4% | -1.0% | 11.9% | ||
| Latest Twelve Months | 15.2% | -3.2% | 1.3% | 3.4% | -1.0% | 11.9% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | 6.2x | 21.0x | 6.6x | 6.5x | 18.3x | 10.8x | ||
| Price / LTM Sales | 0.6x | 0.6x | 0.1x | 0.4x | 0.5x | 1.1x | ||
| LTM P/E Ratio | 3.9x | -17.7x | 9.4x | 10.6x | -53.3x | 9.1x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/E Ratio | -53.3x | 3.9x | 10.6x | |||||
| Historical LTM P/E Ratio | -6.3x | 5.0x | 24.8x | |||||
| Selected P/E Multiple | 8.3x | 8.7x | 9.2x | |||||
| (x) LTM Net Income | 13,285 | 13,285 | 13,285 | |||||
| (=) Equity Value | 110,401 | 116,212 | 122,023 | |||||
| (/) Shares Outstanding | 500.0 | 500.0 | 500.0 | |||||
| Implied Value Range | 220.80 | 232.42 | 244.05 | |||||
| FX Rate: TRY/TRY | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 220.80 | 232.42 | 244.05 | 243.00 | ||||
| Upside / (Downside) | -9.1% | -4.4% | 0.4% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | THYAO | 600115 | AAL | NAS | CHKI.F | PGSUS | |
| Value of Common Equity | 438,481 | 73,289 | 6,252 | 12,834 | 101,900 | 121,500 | |
| (/) Shares Outstanding | 1,380.0 | 19,701.3 | 659.5 | 963.9 | 30,463.7 | 500.0 | |
| Implied Stock Price | 317.75 | 3.72 | 9.48 | 13.32 | 3.34 | 243.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 7.29 | 1.00 | |
| Implied Stock Price (Trading Cur) | 317.75 | 3.72 | 9.48 | 13.32 | 0.46 | 243.00 | |
| Trading Currency | TRY | CNY | USD | NOK | USD | TRY | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 7.29 | 1.00 | |