Financials Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim

Equities

IPEKE

TRAIPMAT92D2

Oil & Gas Exploration and Production

Market Closed - Borsa Istanbul 11:09:57 2024-05-03 am EDT 5-day change 1st Jan Change
41.8 TRY -3.24% Intraday chart for Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim +6.04% +30.95%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,395 1,395 2,006 3,398 3,541 9,067
Enterprise Value (EV) 1 -650.3 -1,399 -2,704 -2,787 -5,598 -1,196
P/E ratio 7.82 x 5.86 x 4.93 x 9.38 x 5.36 x 10.8 x
Yield - - - - - -
Capitalization / Revenue 1.35 x 0.83 x 0.68 x 1.02 x 0.85 x 1.53 x
EV / Revenue -0.63 x -0.84 x -0.92 x -0.84 x -1.35 x -0.2 x
EV / EBITDA -1.38 x -1.65 x -1.46 x -1.5 x -2.62 x -0.44 x
EV / FCF -4.27 x -7.95 x -2.39 x -3.16 x -3.48 x -3.03 x
FCF Yield -23.4% -12.6% -41.8% -31.6% -28.8% -33%
Price to Book 1.46 x 1.48 x 1.49 x 2.3 x 1.65 x 3.06 x
Nbr of stocks (in thousands) 259,786 259,786 259,786 259,786 259,786 259,786
Reference price 2 5.370 5.370 7.720 13.08 13.63 34.90
Announcement Date 4/30/18 2/28/19 2/27/20 3/1/21 3/1/22 3/1/23
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,037 1,671 2,928 3,330 4,156 5,941
EBITDA 1 472.2 848.6 1,853 1,862 2,138 2,726
EBIT 1 381 747.3 1,574 1,640 1,775 2,293
Operating Margin 36.75% 44.73% 53.75% 49.25% 42.71% 38.59%
Earnings before Tax (EBT) 1 627.7 1,359 2,246 2,259 3,952 4,572
Net income 1 178.3 238.2 406.6 362.2 660.5 836.5
Net margin 17.2% 14.25% 13.88% 10.88% 15.89% 14.08%
EPS 2 0.6865 0.9167 1.565 1.394 2.543 3.220
Free Cash Flow 1 152.3 176.1 1,130 881.2 1,610 394.8
FCF margin 14.69% 10.54% 38.59% 26.46% 38.74% 6.64%
FCF Conversion (EBITDA) 32.24% 20.75% 60.99% 47.33% 75.32% 14.48%
FCF Conversion (Net income) 85.38% 73.94% 277.93% 243.31% 243.78% 47.19%
Dividend per Share - - - - - -
Announcement Date 4/30/18 2/28/19 2/27/20 3/1/21 3/1/22 3/1/23
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 2,045 2,795 4,710 6,185 9,139 10,262
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 152 176 1,130 881 1,610 395
ROE (net income / shareholders' equity) 16.1% 29.5% 34.1% 24.5% 31.6% 32.3%
ROA (Net income/ Total Assets) 7.08% 11.3% 17.2% 13.4% 10.6% 10.6%
Assets 1 2,517 2,112 2,361 2,711 6,227 7,855
Book Value Per Share 2 3.690 3.620 5.200 5.690 8.240 11.40
Cash Flow per Share 2 7.870 10.80 18.10 23.80 35.30 2.020
Capex 1 132 247 148 302 616 573
Capex / Sales 12.7% 14.78% 5.05% 9.07% 14.82% 9.64%
Announcement Date 4/30/18 2/28/19 2/27/20 3/1/21 3/1/22 3/1/23
1TRY in Million2TRY
Estimates
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