Financials Afyon Çimento Sanayi Türk Anonim Sirketi

Equities

AFYON

TRAAFYON91F6

Construction Materials

Market Closed - Borsa Istanbul 11:09:54 2024-04-26 am EDT 5-day change 1st Jan Change
15.13 TRY +2.09% Intraday chart for Afyon Çimento Sanayi Türk Anonim Sirketi +4.71% +36.31%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 459 628 2,044 1,396 3,456 4,440
Enterprise Value (EV) 1 844.1 1,063 2,134 1,493 3,284 4,167
P/E ratio 115 x -10.3 x 102 x 18.4 x 12.9 x 4.48 x
Yield - - - - 2.31% 3.6%
Capitalization / Revenue 2.62 x 3.84 x 7.56 x 3.38 x 2.61 x 1.71 x
EV / Revenue 4.82 x 6.51 x 7.89 x 3.61 x 2.48 x 1.6 x
EV / EBITDA 14.9 x 73.6 x 52.1 x 18.3 x 8.94 x 5.58 x
EV / FCF 47.8 x -112 x 101 x -27.8 x 24.1 x 24.6 x
FCF Yield 2.09% -0.89% 0.99% -3.6% 4.16% 4.06%
Price to Book 1.97 x 3.66 x 4.17 x 2.46 x 4.28 x 1.12 x
Nbr of stocks (in thousands) 100,000 100,000 400,000 400,000 400,000 400,000
Reference price 2 4.590 6.280 5.110 3.490 8.640 11.10
Announcement Date 2/15/19 2/18/20 2/22/21 2/18/22 2/23/23 3/23/24
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 175.2 163.3 270.3 413.5 1,327 2,603
EBITDA 1 56.74 14.43 40.95 81.57 367.3 746.9
EBIT 1 27.63 -14.76 11.68 51.75 334.5 536.7
Operating Margin 15.77% -9.04% 4.32% 12.51% 25.22% 20.62%
Earnings before Tax (EBT) 1 -8.319 -80.91 2.396 67.12 316.6 344.9
Net income 1 3.923 -61 17.06 76.89 267.4 992.5
Net margin 2.24% -37.35% 6.31% 18.59% 20.16% 38.13%
EPS 2 0.0400 -0.6100 0.0500 0.1900 0.6700 2.480
Free Cash Flow 1 17.65 -9.446 21.08 -53.77 136.5 169.1
FCF margin 10.07% -5.78% 7.8% -13.01% 10.29% 6.5%
FCF Conversion (EBITDA) 31.11% - 51.48% - 37.17% 22.64%
FCF Conversion (Net income) 449.89% - 123.54% - 51.06% 17.04%
Dividend per Share - - - - 0.2000 0.4000
Announcement Date 2/15/19 2/18/20 2/22/21 2/18/22 2/23/23 3/23/24
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 385 435 90 97.4 - -
Net Cash position 1 - - - - 172 273
Leverage (Debt/EBITDA) 6.787 x 30.11 x 2.197 x 1.194 x - -
Free Cash Flow 1 17.6 -9.45 21.1 -53.8 137 169
ROE (net income / shareholders' equity) 1.7% -30.2% 5.15% 14.5% 38.9% 28.1%
ROA (Net income/ Total Assets) 2.38% -1.41% 1.08% 4.29% 20.2% 7.52%
Assets 1 164.7 4,331 1,582 1,790 1,324 13,200
Book Value Per Share 2 2.330 1.720 1.230 1.420 2.020 9.930
Cash Flow per Share 2 0.1900 0.0600 0.0800 0.0500 0.6900 0.8500
Capex 1 4.64 1.41 7.62 60.4 63.8 211
Capex / Sales 2.65% 0.86% 2.82% 14.6% 4.81% 8.12%
Announcement Date 2/15/19 2/18/20 2/22/21 2/18/22 2/23/23 3/23/24
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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