Financials EIS Eczacibasi Ilaç, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret

Equities

ECILC

TRAECILC91E0

Pharmaceuticals

Market Closed - Borsa Istanbul 11:09:26 2024-04-26 am EDT 5-day change 1st Jan Change
51.3 TRY +2.09% Intraday chart for EIS Eczacibasi Ilaç, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret +3.89% +16.70%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,871 2,542 5,112 5,133 22,079 30,124
Enterprise Value (EV) 1 1,334 1,966 4,398 3,821 23,092 30,986
P/E ratio 7.79 x 15.6 x 15.9 x 6.8 x 5.28 x 11 x
Yield 11% 1.97% 0.03% 3.9% 1.27% -
Capitalization / Revenue 2.7 x 2.9 x 5.62 x 4.65 x 12.1 x 4.65 x
EV / Revenue 1.93 x 2.24 x 4.84 x 3.46 x 12.6 x 4.78 x
EV / EBITDA 17.2 x 12.5 x 33.2 x 38.9 x 99.2 x 51.4 x
EV / FCF -65.5 x 14.8 x 105 x 16.8 x -24.9 x -290 x
FCF Yield -1.53% 6.74% 0.95% 5.94% -4.01% -0.34%
Price to Book 0.47 x 0.59 x 0.97 x 0.69 x 1.18 x 0.86 x
Nbr of stocks (in thousands) 685,260 685,260 685,260 685,260 685,260 685,260
Reference price 2 2.730 3.710 7.460 7.490 32.22 43.96
Announcement Date 2/27/19 2/27/20 2/26/21 2/25/22 3/1/23 4/17/24
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 692.1 877.1 909.1 1,104 1,831 6,479
EBITDA 1 77.71 157.4 132.6 98.21 232.8 603
EBIT 1 68.24 147.9 123.3 89.29 190.5 197.3
Operating Margin 9.86% 16.86% 13.56% 8.09% 10.4% 3.05%
Earnings before Tax (EBT) 1 295.3 193.1 386 939.5 4,579 3,102
Net income 1 240.1 162.7 322.1 755.1 4,178 2,740
Net margin 34.69% 18.55% 35.43% 68.42% 228.22% 42.28%
EPS 2 0.3504 0.2375 0.4700 1.102 6.097 3.998
Free Cash Flow 1 -20.35 132.5 41.78 226.9 -925.6 -106.8
FCF margin -2.94% 15.11% 4.6% 20.56% -50.56% -1.65%
FCF Conversion (EBITDA) - 84.19% 31.51% 231.05% - -
FCF Conversion (Net income) - 81.44% 12.97% 30.05% - -
Dividend per Share 2 0.3000 0.0730 0.002200 0.2920 0.4100 -
Announcement Date 2/27/19 2/27/20 2/26/21 2/25/22 3/1/23 4/17/24
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 1,013 862
Net Cash position 1 537 576 714 1,312 - -
Leverage (Debt/EBITDA) - - - - 4.349 x 1.429 x
Free Cash Flow 1 -20.3 133 41.8 227 -926 -107
ROE (net income / shareholders' equity) 6.42% 3.93% 6.74% 11.9% 30.1% 8.29%
ROA (Net income/ Total Assets) 1.03% 1.99% 1.43% 0.78% 0.71% 0.3%
Assets 1 23,331 8,184 22,593 96,309 584,875 912,367
Book Value Per Share 2 5.830 6.240 7.710 10.80 27.40 50.80
Cash Flow per Share 2 0.9000 0.9800 1.250 1.850 0.8100 2.930
Capex 1 2.07 1.65 2.14 6.49 97.8 600
Capex / Sales 0.3% 0.19% 0.23% 0.59% 5.34% 9.26%
Announcement Date 2/27/19 2/27/20 2/26/21 2/25/22 3/1/23 4/17/24
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
51.3 TRY
Average target price
53.5 TRY
Spread / Average Target
+4.29%
Consensus
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