Financials Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi

Equities

AKCNS

TRAAKCNS91F3

Construction Materials

Market Closed - Borsa Istanbul 11:09:55 2024-04-26 am EDT 5-day change 1st Jan Change
152 TRY +4.11% Intraday chart for Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi +9.51% +6.82%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,922 3,167 3,444 11,851 27,243 29,100 - -
Enterprise Value (EV) 1 2,247 3,167 3,444 11,851 27,243 29,100 29,100 29,100
P/E ratio 25.5 x - 11.3 x - - 7 x 5.31 x -
Yield 7.95% - - - - 3.87% 8.49% -
Capitalization / Revenue 1.05 x 1.61 x 1.2 x 1.33 x 1.82 x 1.34 x 1.01 x 0.7 x
EV / Revenue 1.05 x 1.61 x 1.2 x 1.33 x 1.82 x 1.34 x 1.01 x 0.7 x
EV / EBITDA 7.86 x 12.8 x 8.5 x 8.85 x - 5.01 x 4.4 x -
EV / FCF 7.11 x - - - - 15.6 x 10.5 x 7.11 x
FCF Yield 14.1% - - - - 6.41% 9.53% 14.1%
Price to Book 1.87 x - - - - - - -
Nbr of stocks (in thousands) 191,447 191,447 191,447 191,447 191,447 191,447 - -
Reference price 2 10.04 16.54 17.99 61.90 142.3 152.0 152.0 152.0
Announcement Date 2/20/20 2/19/21 2/18/22 2/17/23 2/26/24 - - -
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,826 1,967 2,871 8,899 14,985 21,762 28,735 41,704
EBITDA 1 244.6 247.9 405.3 1,340 - 5,807 6,613 -
EBIT 1 147.2 146.8 - 1,212 3,376 4,741 6,271 -
Operating Margin 8.06% 7.46% - 13.62% 22.53% 21.79% 21.82% -
Earnings before Tax (EBT) 1 87.31 - - - 3,510 5,310 7,007 -
Net income 1 75.22 115 303.6 1,521 3,963 4,366 6,016 -
Net margin 4.12% 5.85% 10.57% 17.09% 26.45% 20.06% 20.94% -
EPS 2 0.3930 - 1.586 - - 21.70 28.60 -
Free Cash Flow 1 270.3 - - - - 1,864 2,774 4,090
FCF margin 14.8% - - - - 8.57% 9.65% 9.81%
FCF Conversion (EBITDA) 110.51% - - - - 32.1% 41.95% -
FCF Conversion (Net income) 359.4% - - - - 42.69% 46.11% -
Dividend per Share 2 0.7980 - - - - 5.877 12.90 -
Announcement Date 2/20/20 2/19/21 2/18/22 2/17/23 2/26/24 - - -
1TRY in Million2TRY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 750.9 894.5 1,240 2,044 2,586 3,029 3,042 3,316 4,291 4,336
EBITDA 103.7 78.55 157.1 380.8 393.6 407.9 646.1 977.2 1,246 -
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - -
Net income 1 35.53 174.8 103.1 230.6 825.4 361.5 672.2 884.7 1,310 1,096
Net margin 4.73% 19.54% 8.32% 11.28% 31.92% 11.93% 22.1% 26.68% 30.53% 25.28%
EPS - - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 10/28/21 2/18/22 4/27/22 7/29/22 10/27/22 2/17/23 4/28/23 8/7/23 10/24/23 2/26/24
1TRY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 324 - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 1.326 x - - - - - - -
Free Cash Flow 1 270 - - - - 1,864 2,774 4,090
ROE (net income / shareholders' equity) 7.09% 10.3% 22.2% 58.4% - 28% 42.8% 38.7%
ROA (Net income/ Total Assets) 3.61% 5.18% 10.2% 26.3% - 28.2% 22.4% 22.1%
Assets 1 2,085 2,221 2,968 5,782 - 15,510 26,859 -
Book Value Per Share 5.370 - - - - - - -
Cash Flow per Share 1.830 - - - - - - -
Capex 1 80.6 - - 438 - 1,082 1,465 1,710
Capex / Sales 4.41% - - 4.93% - 4.97% 5.1% 4.1%
Announcement Date 2/20/20 2/19/21 2/18/22 2/17/23 2/26/24 - - -
1TRY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
152 TRY
Average target price
218.7 TRY
Spread / Average Target
+43.85%
Consensus

Quarterly revenue - Rate of surprise

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