OTCMAKBTY
Market cap8.98bUSD
Dec 20, Last price
3.59USD
1D
2.63%
1Q
1.41%
Jan 2017
-17.66%
Name
Akbank TAS
Chart & Performance
Profile
Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through: Retail Banking; Commercial Banking, SME Banking, Corporate-Investment and Private Banking; and Treasury segments. The company's retail banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking. It also offers services to large, medium, and small size corporate and commercial customers that include Turkish Lira (TL) and foreign currency denominated working capital loans financing for investments, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance, and deposit and cash management services, as well as project finance loans; and timely and permanent solutions for corporate customers' working capital management, delivering cash management services based on customers' requests that include collection and payment services and liquidity and information management. In addition, the company engages in treasury activities consisting of TL and foreign currency spot and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; and marketing and pricing activities related treasury products. Further, it provides financial leasing services, stock exchange brokerage services, and portfolio management, as well as offers payment services and issues electronic money. As of December 31, 2021, the company operated 710 branches. Akbank T.A.S. was founded in 1948 and is headquartered in Istanbul, Turkey.
Valuation
Title TRY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 134,711,802 20.52% | 111,776,552 182.83% | 39,520,439 52.16% | |||||||
Cost of revenue | 2,678,933 | 541,532 | 218,227 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 132,032,869 | 111,235,020 | 39,302,212 | |||||||
NOPBT Margin | 98.01% | 99.52% | 99.45% | |||||||
Operating Taxes | 20,596,029 | 20,245,101 | 4,513,271 | |||||||
Tax Rate | 15.60% | 18.20% | 11.48% | |||||||
NOPAT | 111,436,840 | 90,989,919 | 34,788,941 | |||||||
Net income | 66,496,235 10.78% | 60,025,707 394.97% | 12,127,191 93.74% | |||||||
Dividends | (8,996,000) | (1,211,600) | (626,080) | |||||||
Dividend yield | 4.74% | 1.19% | 1.67% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 120,683,611 | 114,086,814 | ||||||||
Long-term debt | 1,325,709 | 119,312,278 | 109,571,995 | |||||||
Deferred revenue | 178,237,584 | 990,203,536 | 109,117,690 | |||||||
Other long-term liabilities | (118,547,863) | (109,571,995) | ||||||||
Net debt | (568,242,179) | (63,594,754) | (23,257,471) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (90,761,250) | 30,857,462 | 45,594,269 | |||||||
CAPEX | (7,349,053) | (4,180,268) | (1,100,355) | |||||||
Cash from investing activities | (155,554,235) | (42,479,754) | (45,566,521) | |||||||
Cash from financing activities | 13,586,575 | (8,154,097) | 21,883,924 | |||||||
FCF | (133,320,712) | 303,730,668 | 34,897,511 | |||||||
Balance | ||||||||||
Cash | 351,501,549 | 159,882,201 | 136,769,754 | |||||||
Long term investments | 218,066,339 | 143,708,442 | 110,146,526 | |||||||
Excess cash | 562,832,298 | 298,001,815 | 244,940,258 | |||||||
Stockholders' equity | 205,898,094 | 148,285,257 | 24,634,909 | |||||||
Invested Capital | 1,698,871,394 | 409,959,601 | 519,919,882 | |||||||
ROIC | 10.57% | 19.57% | 8.12% | |||||||
ROCE | 6.93% | 19.80% | 7.21% | |||||||
EV | ||||||||||
Common stock shares outstanding | 5,200,000 | 5,200,000 | 5,200,000 | |||||||
Price | 36.52 86.80% | 19.55 171.53% | 7.20 6.51% | |||||||
Market cap | 189,904,000 86.80% | 101,659,995 171.53% | 37,440,000 6.51% | |||||||
EV | (378,338,179) | 38,065,241 | 14,182,529 | |||||||
EBITDA | 134,217,973 | 112,529,003 | 40,113,213 | |||||||
EV/EBITDA | 0.34 | 0.35 | ||||||||
Interest | 162,542,255 | 52,685,992 | 26,622,499 | |||||||
Interest/NOPBT | 123.11% | 47.36% | 67.74% |