Financials ICBC Turkey Bank

Equities

ICBCT

TRATEKST91N0

Banks

Market Closed - Borsa Istanbul 11:09:52 2024-05-03 am EDT 5-day change 1st Jan Change
16.34 TRY +0.80% Intraday chart for ICBC Turkey Bank +0.12% +12.77%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,240 4,532 5,590 4,541 9,907 12,461
Enterprise Value (EV) 1 6,349 7,023 12,784 21,198 37,410 49,712
P/E ratio 50.8 x 63.5 x 61.5 x 24.3 x 7.07 x 8.45 x
Yield - - - - - -
Capitalization / Revenue 9.59 x 8.57 x 8.76 x 4.56 x 3.45 x 3.05 x
EV / Revenue 14.4 x 13.3 x 20 x 21.3 x 13 x 12.2 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 3.65 x 3.41 x 3.94 x 2.79 x 3.16 x 2.41 x
Nbr of stocks (in thousands) 860,000 860,000 860,000 860,000 860,000 860,000
Reference price 2 4.930 5.270 6.500 5.280 11.52 14.49
Announcement Date 2/21/19 2/27/20 2/24/21 2/23/22 2/24/23 2/22/24
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 442.1 529 638 995.5 2,874 4,090
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 122.9 121.6 130.1 240.6 1,822 2,029
Net income 1 83.55 71.51 90.93 187.2 1,401 1,474
Net margin 18.9% 13.52% 14.25% 18.8% 48.74% 36.04%
EPS 2 0.0970 0.0830 0.1057 0.2177 1.629 1.714
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 2/21/19 2/27/20 2/24/21 2/23/22 2/24/23 2/22/24
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,109 2,491 7,194 16,657 27,503 37,251
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 7.35% 5.73% 6.62% 12.3% 58.8% 35.5%
ROA (Net income/ Total Assets) 0.57% 0.42% 0.42% 0.58% 2.76% 1.81%
Assets 1 14,584 17,124 21,790 32,280 50,670 81,281
Book Value Per Share 2 1.350 1.550 1.650 1.890 3.650 6.010
Cash Flow per Share 2 4.500 4.210 4.360 3.690 6.660 14.20
Capex 1 4.88 28.1 22.8 18.8 78.5 117
Capex / Sales 1.1% 5.32% 3.57% 1.89% 2.73% 2.86%
Announcement Date 2/21/19 2/27/20 2/24/21 2/23/22 2/24/23 2/22/24
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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