Stock TBORG TÜRK TUBORG BIRA VE MALT SANAYII
Add to a list
To use this feature you must be a member
Log inSign up

Financials Türk Tuborg Bira ve Malt Sanayii

Equities

TBORG

TRATBORG91A4

Brewers

Market Closed - Borsa Istanbul
Other stock markets
 11:09:48 2024-04-26 am EDT 		5-day change 1st Jan Change
96.1 TRY +2.78% Intraday chart for Türk Tuborg Bira ve Malt Sanayii +11.74% +31.19%
2023 Türk Tuborg Bira ve Malt Sanayii A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
2023 Fighting back, brewer Carlsberg ends license agreements in Russia RE

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 3,257 3,041 3,838 5,828 6,195 12,417
Enterprise Value (EV) 1 2,665 2,599 3,706 5,079 4,771 11,232
P/E ratio 10.6 x 7.11 x 8.77 x 11.1 x 5.14 x 6.12 x
Yield - - - 1.77% 12.9% -
Capitalization / Revenue 2.64 x 1.79 x 1.77 x 2.25 x 1.69 x 1.56 x
EV / Revenue 2.16 x 1.53 x 1.71 x 1.96 x 1.3 x 1.41 x
EV / EBITDA 5.76 x 4.69 x 4.89 x 5.76 x 3.83 x 5.11 x
EV / FCF 25.5 x -9.95 x 22.1 x 9.5 x 15.4 x 731 x
FCF Yield 3.92% -10.1% 4.53% 10.5% 6.51% 0.14%
Price to Book 3.14 x 2.16 x 2.94 x 3.18 x 2.12 x 3 x
Nbr of stocks (in thousands) 322,508 322,508 322,508 322,508 322,508 322,508
Reference price 2 10.10 9.430 11.90 18.07 19.21 38.50
Announcement Date 3/14/18 2/20/19 3/10/20 3/12/21 3/12/22 3/14/23
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,234 1,700 2,171 2,589 3,675 7,956
EBITDA 1 462.7 553.7 758.2 882.2 1,247 2,199
EBIT 1 336.5 416.3 563.5 636 923.5 1,686
Operating Margin 27.26% 24.49% 25.95% 24.56% 25.13% 21.19%
Earnings before Tax (EBT) 1 381.7 548.7 552 676.5 1,455 1,854
Net income 1 307.8 427.7 437.5 525.3 1,204 2,029
Net margin 24.94% 25.16% 20.15% 20.29% 32.77% 25.5%
EPS 2 0.9543 1.326 1.356 1.629 3.734 6.290
Free Cash Flow 1 104.5 -261.2 167.9 534.9 310.7 15.36
FCF margin 8.47% -15.37% 7.73% 20.66% 8.45% 0.19%
FCF Conversion (EBITDA) 22.59% - 22.15% 60.63% 24.92% 0.7%
FCF Conversion (Net income) 33.96% - 38.39% 101.83% 25.8% 0.76%
Dividend per Share - - - 0.3201 2.481 -
Announcement Date 3/14/18 2/20/19 3/10/20 3/12/21 3/12/22 3/14/23
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 592 443 132 749 1,424 1,185
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 105 -261 168 535 311 15.4
ROE (net income / shareholders' equity) 34.5% 35% 32.3% 33.5% 50.6% 57.4%
ROA (Net income/ Total Assets) 14.3% 13% 14.5% 13.3% 14% 15.6%
Assets 1 2,157 3,288 3,027 3,962 8,585 13,022
Book Value Per Share 2 3.220 4.360 4.050 5.680 9.070 12.80
Cash Flow per Share 2 1.070 0.4500 1.080 3.200 4.550 6.730
Capex 1 215 379 347 371 540 1,358
Capex / Sales 17.46% 22.3% 15.99% 14.35% 14.71% 17.07%
Announcement Date 3/14/18 2/20/19 3/10/20 3/12/21 3/12/22 3/14/23
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Other Brewers

1st Jan change Capi.
TÜRK TUBORG BIRA VE MALT SANAYII Stock Türk Tuborg Bira ve Malt Sanayii
+31.19% 955M
DELTA CORPORATION LIMITED Stock Delta Corporation Limited
+384.45% 67.41B
HEINEKEN N.V. Stock Heineken N.V.
-0.59% 55.17B
CONSTELLATION BRANDS, INC. Stock Constellation Brands, Inc.
+7.57% 47.58B
AMBEV S.A. Stock Ambev S.A.
-12.53% 36.89B
HEINEKEN HOLDING N.V. Stock Heineken Holding N.V.
0.00% 23.13B
CARLSBERG A/S Stock Carlsberg A/S
+12.68% 19.06B
BUDWEISER BREWING COMPANY APAC LIMITED Stock Budweiser Brewing Company APAC Limited
-25.17% 18.42B
ASAHI GROUP HOLDINGS, LTD. Stock Asahi Group Holdings, Ltd.
+3.94% 17.59B
CHINA RESOURCES BEER (HOLDINGS) COMPANY LIMITED Stock China Resources Beer (Holdings) Company Limited
+6.29% 15.06B
Other Brewers
  1. Stock Market
  2. Equities
  3. TBORG Stock
  4. Financials Türk Tuborg Bira ve Malt Sanayii