Valuation Net Holding

Equities

Market Closed - Borsa Istanbul Other stock markets 10:09:49 2024-12-05 am EST			5-day change	1st Jan Change
46.76 ^TRY	+1.65%		+1.87%	+142.03%

Nov. 11	Net Holding A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI
Sep. 30	Net Holding A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2018	2019	2020	2021	2022	2023
Capitalization ¹	756.6	954.7	1,209	2,241	7,100	9,101
Change	-	26.18%	26.61%	85.41%	216.78%	28.19%
Enterprise Value (EV) ¹	1,531	1,946	2,880	4,448	9,380	12,590
Change	-	27.12%	48%	54.45%	110.9%	34.23%
P/E ratio	4.25x	12.5x	-2.4x	3.47x	2.68x	4.88x
PBR	0.19x	0.21x	0.29x	0.32x	0.44x	0.27x
PEG	-	-0.2x	0x	-0x	0x	-0.2x
Capitalization / Revenue	0.99x	1.03x	2.87x	2.22x	2.1x	0.96x
EV / Revenue	2x	2.11x	6.83x	4.4x	2.78x	1.33x
EV / EBITDA	5.82x	7.08x	-147x	17.3x	8.3x	3.61x
EV / EBIT	9.01x	13.6x	-17.2x	41.7x	11.4x	6.3x
EV / FCF	-13.7x	12.2x	-9.74x	-55.1x	62.8x	11x
FCF Yield	-7.3%	8.17%	-10.3%	-1.81%	1.59%	9.08%
Dividend per Share ²	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-
EPS ²	0.4608	0.2085	-1.432	1.928	5.606	3.955
Distribution rate	-	-	-	-	-	-
Net sales ¹	767.1	922.8	421.5	1,012	3,376	9,494
EBITDA ¹	263.1	274.9	-19.57	256.4	1,130	3,486
EBIT ¹	169.9	142.7	-167.8	106.6	825.8	1,999
Net income ¹	259.9	76.43	-489.5	910	2,662	2,230
Net Debt ¹	774.1	991.1	1,671	2,206	2,280	3,489
Reference price ²	1.96	2.60	3.43	6.68	15.05	19.32
Nbr of stocks (in thousands)	386,035	367,197	352,419	335,506	471,740	471,075
Announcement Date	3/11/19	3/10/20	4/2/21	3/11/22	3/13/23	5/21/24

¹TRY in Million²TRY

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
LAS VEGAS SANDS CORP.	25.3x	4.37x	11.25x	+1.47%	39.59B
MGM RESORTS INTERNATIONAL	15.7x	0.88x	3.22x	-.--%	11.17B
WYNN RESORTS, LIMITED	27.71x	2.61x	7.96x	+1.05%	10.32B
GENTING SINGAPORE LIMITED	15.55x	2.31x	5.79x	+5.06%	7.01B
SJM HOLDINGS LIMITED	86.52x	1.46x	11.07x	-.--%	2.62B
KANGWON LAND, INC.	8.75x	1.66x	6.61x	+5.80%	2.48B
MONARCH CASINO & RESORT, INC.	18.43x	3x	8.81x	+1.38%	1.6B
Average	28.28x	2.33x	7.82x	+2.11%	10.68B
Weighted average by Cap.	24.73x	3.19x	8.88x	+1.62%