Financials CarrefourSA Carrefour Sabanci Ticaret Merkezi

Equities

CRFSA

TRECARF00032

Food Retail & Distribution

Delayed Borsa Istanbul 04:32:18 2024-04-29 am EDT 5-day change 1st Jan Change
145 TRY -1.49% Intraday chart for CarrefourSA Carrefour Sabanci Ticaret Merkezi -2.49% +28.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,436 3,297 9,174 4,881 9,583 14,375
Enterprise Value (EV) 1 2,896 4,876 10,306 6,233 10,867 16,458
P/E ratio -212 x -9.61 x -22.5 x -11.3 x -51.3 x 11.9 x
Yield - - - - - -
Capitalization / Revenue 0.47 x 0.52 x 1.16 x 0.52 x 0.5 x 0.32 x
EV / Revenue 0.56 x 0.76 x 1.3 x 0.67 x 0.57 x 0.37 x
EV / EBITDA 48.9 x 15.9 x 23.9 x 12 x 10.3 x -30.1 x
EV / FCF -57.9 x -382 x 30.9 x -64.2 x 16.3 x -8.31 x
FCF Yield -1.73% -0.26% 3.24% -1.56% 6.14% -12%
Price to Book 45.7 x -10.9 x 537 x -12.4 x -12.3 x 2.79 x
Nbr of stocks (in thousands) 104,244 104,244 127,774 127,774 127,774 127,774
Reference price 2 23.37 31.63 71.80 38.20 75.00 112.5
Announcement Date 2/20/19 2/20/20 2/14/21 2/18/22 2/20/23 3/28/24
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,203 6,386 7,915 9,368 19,198 44,341
EBITDA 1 59.23 307 431.1 520.6 1,055 -547.6
EBIT 1 -82.02 162.6 277.3 366.9 867 -1,357
Operating Margin -1.58% 2.55% 3.5% 3.92% 4.52% -3.06%
Earnings before Tax (EBT) 1 28.59 -431 -272.1 -447 -210 914.4
Net income 1 -11.5 -343.1 -304.2 -430.5 -186.8 1,204
Net margin -0.22% -5.37% -3.84% -4.6% -0.97% 2.72%
EPS 2 -0.1103 -3.291 -3.193 -3.369 -1.462 9.424
Free Cash Flow 1 -50.03 -12.77 333.8 -97.09 667.3 -1,980
FCF margin -0.96% -0.2% 4.22% -1.04% 3.48% -4.47%
FCF Conversion (EBITDA) - - 77.42% - 63.26% -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 2/20/19 2/20/20 2/14/21 2/18/22 2/20/23 3/28/24
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 460 1,579 1,132 1,352 1,284 2,083
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 7.77 x 5.144 x 2.625 x 2.596 x 1.217 x -3.805 x
Free Cash Flow 1 -50 -12.8 334 -97.1 667 -1,980
ROE (net income / shareholders' equity) -18.9% 276% 214% 228% 31.8% 25.9%
ROA (Net income/ Total Assets) -1.74% 3.2% 4.19% 4.83% 8.59% -4.5%
Assets 1 660.9 -10,707 -7,264 -8,921 -2,174 -26,743
Book Value Per Share 2 0.5100 -2.900 0.1300 -3.090 -6.100 40.30
Cash Flow per Share 2 4.680 4.860 7.150 6.840 9.330 13.40
Capex 1 106 136 152 185 397 862
Capex / Sales 2.04% 2.13% 1.92% 1.97% 2.07% 1.94%
Announcement Date 2/20/19 2/20/20 2/14/21 2/18/22 2/20/23 3/28/24
1TRY in Million2TRY
Estimates
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