Company Valuation: Turcas Petrol

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,239 1,004 6,036 4,932 7,145 10,702
Change - -18.97% 501.02% -18.29% 44.87% 49.79%
Enterprise Value (EV) 1 1,948 1,695 6,285 4,933 6,611 9,537
Change - -13% 270.81% -21.52% 34.03% 44.26%
P/E -10x -12.5x 7.61x 13.4x 7.96x 17.4x
PBR 3.4x 5.26x 5.69x 0.77x 0.67x 0.76x
PEG - 0.4x -0x -0.3x 0x -0.6x
Capitalization / Revenue 19.4x - - - - -
EV / Revenue 30.5x - - - - -
EV / EBITDA 37.7x -98.8x -69.4x -41.1x 71.1x -28.9x
EV / EBIT 48.5x -84.8x -67.3x -36.6x 104x -25.8x
EV / FCF -457x 34x -36.7x -34.6x 175x -40.8x
FCF Yield -0.22% 2.94% -2.72% -2.89% 0.57% -2.45%
Dividend per Share 2 - - - - 2.019 -
Rate of return - - - - 7.22% -
EPS 2 -0.4851 -0.3134 3.104 1.444 3.514 2.409
Distribution rate - - - - 57.4% -
Net sales 1 63.96 - - - - -
EBITDA 1 51.64 -17.15 -90.56 -120 93.05 -330.4
EBIT 1 40.2 -19.98 -93.39 -134.9 63.79 -369.3
Net income 1 -124 -80.1 793.2 369.1 898 615.8
Net Debt 1 709 690.7 249.4 0.8238 -533.4 -1,165
Reference price 2 4.85 3.93 23.62 19.30 27.96 41.88
Nbr of stocks (in thousands) 255,529 255,529 255,529 255,529 255,529 255,529
Announcement Date 3/11/21 5/26/22 3/1/23 4/18/24 3/3/25 3/11/26
1TRY in Million2TRY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 236M
30.6x7.1x19.18x-.--% 40.25B
14x2.75x10.25x2.98% 32.4B
12.45x6.18x12.86x3.53% 29.14B
21.1x10.58x15.24x2.14% 27.48B
22.35x7.65x12.48x1.73% 27.09B
73.86x18.48x21.95x-.--% 21.96B
16.12x5.06x10.05x3.49% 18.19B
Average 27.21x 8.26x 14.57x 1.98% 24.59B
Weighted average by Cap. 26.20x 7.89x 14.76x 1.87%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Turcas Petrol

Historical PBR trend

Valuation ratios - PBR - Turcas Petrol

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Turcas Petrol

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Turcas Petrol

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