Türk Traktör ve Ziraat Makineleri A.S. Logo

Türk Traktör ve Ziraat Makineleri A.S.

TTRAK.IS

(3.5)
Stock Price

739,00 TRY

32.1% ROA

119.88% ROE

11.5x PER

Market Cap.

70.447.168.000,00 TRY

39.73% DER

5.59% Yield

15.99% NPM

Türk Traktör ve Ziraat Makineleri A.S. Stock Analysis

Türk Traktör ve Ziraat Makineleri A.S. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Türk Traktör ve Ziraat Makineleri A.S. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (114.02%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 Net Profit Growth

With a track record of consistent net profit growth over the past five years, this company presents a compelling investment opportunity due to its strong financial performance.

5 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

6 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past five years, consistently delivering higher returns to investors.

7 Dividend

The company's track record of consistently paying dividends in the last three years highlights its dedication to providing investors with regular income.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (15.520), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 PBV

The stock's high Price-to-Book Value (P/BV) ratio (24.98x) suggests it's overvalued, potentially making it an expensive investment.

10 DER

The company has a high debt to equity ratio (111%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

11 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

Türk Traktör ve Ziraat Makineleri A.S. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Türk Traktör ve Ziraat Makineleri A.S. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Türk Traktör ve Ziraat Makineleri A.S. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Türk Traktör ve Ziraat Makineleri A.S. Revenue
Year Revenue Growth
2003 440.907.935
2004 549.213.677 19.72%
2005 482.389.375 -13.85%
2006 493.071.020 2.17%
2007 510.058.580 3.33%
2008 787.491.026 35.23%
2009 667.703.295 -17.94%
2010 1.193.396.040 44.05%
2011 1.800.665.445 33.72%
2012 1.974.013.740 8.78%
2013 2.175.319.881 9.25%
2014 2.723.317.809 20.12%
2015 3.102.561.637 12.22%
2016 3.443.477.897 9.9%
2017 4.215.056.106 18.31%
2018 3.908.943.513 -7.83%
2019 3.806.474.633 -2.69%
2020 6.243.308.297 39.03%
2021 11.644.197.445 46.38%
2022 21.834.630.573 46.67%
2023 48.349.990.688 54.84%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Türk Traktör ve Ziraat Makineleri A.S. Research and Development Expenses
Year Research and Development Expenses Growth
2003 1
2004 1 0%
2005 0 0%
2006 4.188.210 100%
2007 3.271.710 -28.01%
2008 2.930.210 -11.65%
2009 2.063.282 -42.02%
2010 2.175.092 5.14%
2011 3.196.882 31.96%
2012 1.244.359 -156.91%
2013 1.623.801 23.37%
2014 1.972.821 17.69%
2015 1.219.006 -61.84%
2016 334.065 -264.9%
2017 99.402 -236.07%
2018 735.577 86.49%
2019 31.033.484 97.63%
2020 441.979 -6921.48%
2021 51.902.978 99.15%
2022 2.801.424 -1752.74%
2023 133.317.020 97.9%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Türk Traktör ve Ziraat Makineleri A.S. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 1
2004 1 0%
2005 0 0%
2006 13.203.440 100%
2007 6.600.950 -100.02%
2008 24.691.311 73.27%
2009 17.607.801 -40.23%
2010 23.666.630 25.6%
2011 33.276.602 28.88%
2012 15.991.718 -108.09%
2013 20.452.015 21.81%
2014 31.595.021 35.27%
2015 37.092.941 14.82%
2016 51.351.660 27.77%
2017 39.340.857 -30.53%
2018 36.810.920 -6.87%
2019 42.725.884 13.84%
2020 60.736.613 29.65%
2021 93.117.178 34.77%
2022 231.036.143 59.7%
2023 765.932.376 69.84%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Türk Traktör ve Ziraat Makineleri A.S. EBITDA
Year EBITDA Growth
2003 77.467.846
2004 144.483.081 46.38%
2005 127.466.643 -13.35%
2006 169.202.280 24.67%
2007 133.447.610 -26.79%
2008 75.521.772 -76.7%
2009 60.487.327 -24.86%
2010 226.982.931 73.35%
2011 690.393.061 67.12%
2012 364.366.370 -89.48%
2013 357.998.170 -1.78%
2014 370.320.995 3.33%
2015 410.321.087 9.75%
2016 531.842.499 22.85%
2017 546.538.257 2.69%
2018 535.430.118 -2.07%
2019 487.679.335 -9.79%
2020 1.135.987.819 57.07%
2021 1.793.858.140 36.67%
2022 3.498.114.514 48.72%
2023 13.309.290.936 73.72%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Türk Traktör ve Ziraat Makineleri A.S. Gross Profit
Year Gross Profit Growth
2003 440.907.934
2004 549.213.677 19.72%
2005 126.164.879 -335.31%
2006 131.184.120 3.83%
2007 117.852.220 -11.31%
2008 138.184.400 14.71%
2009 104.064.263 -32.79%
2010 318.711.314 67.35%
2011 425.112.201 25.03%
2012 422.497.073 -0.62%
2013 471.866.535 10.46%
2014 489.154.307 3.53%
2015 604.905.598 19.14%
2016 742.087.942 18.49%
2017 730.708.036 -1.56%
2018 716.837.768 -1.93%
2019 548.635.586 -30.66%
2020 1.307.996.749 58.06%
2021 2.132.911.564 38.68%
2022 4.365.890.017 51.15%
2023 15.819.896.632 72.4%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Türk Traktör ve Ziraat Makineleri A.S. Net Profit
Year Net Profit Growth
2003 56.967.489
2004 86.119.182 33.85%
2005 93.663.165 8.05%
2006 113.772.750 17.68%
2007 91.065.870 -24.93%
2008 66.791.556 -36.34%
2009 30.955.024 -115.77%
2010 179.717.096 82.78%
2011 277.421.569 35.22%
2012 268.197.615 -3.44%
2013 279.905.939 4.18%
2014 261.087.272 -7.21%
2015 256.799.565 -1.67%
2016 369.796.289 30.56%
2017 320.756.330 -15.29%
2018 240.106.649 -33.59%
2019 111.893.466 -114.59%
2020 776.443.043 85.59%
2021 1.322.187.577 41.28%
2022 2.971.018.561 55.5%
2023 10.867.970.728 72.66%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Türk Traktör ve Ziraat Makineleri A.S. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 645
2004 1 0%
2005 1 100%
2006 1 0%
2007 1 0%
2008 1 0%
2009 0 0%
2010 2 100%
2011 3 50%
2012 3 0%
2013 3 0%
2014 3 0%
2015 3 0%
2016 4 33.33%
2017 3 0%
2018 2 -50%
2019 1 -100%
2020 8 85.71%
2021 13 46.15%
2022 30 55.17%
2023 109 73.15%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Türk Traktör ve Ziraat Makineleri A.S. Free Cashflow
Year Free Cashflow Growth
2003 35.106.440
2004 -1 0%
2005 217.688.358 100%
2006 116.612.030 -86.68%
2007 29.153.740 -299.99%
2008 -178.825.945 116.3%
2009 211.063.495 184.73%
2010 326.230.104 35.3%
2011 85.089.018 -283.4%
2012 212.310.598 59.92%
2013 -202.213.449 204.99%
2014 -247.796.569 18.4%
2015 330.042.007 175.08%
2016 135.118.760 -144.26%
2017 416.052.248 67.52%
2018 -130.831.539 418.01%
2019 922.201.399 114.19%
2020 1.469.508.604 37.24%
2021 520.425.088 -182.37%
2022 2.203.401.974 76.38%
2023 2.441.509.926 9.75%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Türk Traktör ve Ziraat Makineleri A.S. Operating Cashflow
Year Operating Cashflow Growth
2003 35.106.440
2004 0 0%
2005 222.203.996 100%
2006 120.220.980 -84.83%
2007 38.967.610 -208.52%
2008 -166.917.778 123.35%
2009 222.037.213 175.18%
2010 361.165.321 38.52%
2011 159.187.331 -126.88%
2012 286.757.062 44.49%
2013 -26.439.655 1184.57%
2014 -15.873.835 -66.56%
2015 424.645.913 103.74%
2016 239.539.438 -77.28%
2017 561.536.257 57.34%
2018 104.847.721 -435.57%
2019 1.059.096.190 90.1%
2020 1.599.211.443 33.77%
2021 843.316.971 -89.63%
2022 2.884.210.353 70.76%
2023 2.623.715.505 -9.93%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Türk Traktör ve Ziraat Makineleri A.S. Capital Expenditure
Year Capital Expenditure Growth
2003 0
2004 1 0%
2005 4.515.638 100%
2006 3.608.950 -25.12%
2007 9.813.870 63.23%
2008 11.908.167 17.59%
2009 10.973.718 -8.52%
2010 34.935.217 68.59%
2011 74.098.313 52.85%
2012 74.446.464 0.47%
2013 175.773.794 57.65%
2014 231.922.734 24.21%
2015 94.603.906 -145.15%
2016 104.420.678 9.4%
2017 145.484.009 28.23%
2018 235.679.260 38.27%
2019 136.894.791 -72.16%
2020 129.702.839 -5.54%
2021 322.891.883 59.83%
2022 680.808.379 52.57%
2023 182.205.579 -273.65%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Türk Traktör ve Ziraat Makineleri A.S. Equity
Year Equity Growth
2003 198.375.163
2004 230.124.905 13.8%
2005 275.129.986 16.36%
2006 293.461.640 6.25%
2007 277.527.870 -5.74%
2008 285.552.805 2.81%
2009 300.700.934 5.04%
2010 468.170.913 35.77%
2011 595.592.482 21.39%
2012 663.790.097 10.27%
2013 743.317.722 10.7%
2014 704.862.715 -5.46%
2015 650.907.405 -8.29%
2016 699.860.813 6.99%
2017 757.769.491 7.64%
2018 651.857.722 -16.25%
2019 764.014.265 14.68%
2020 1.441.166.437 46.99%
2021 2.050.994.098 29.73%
2022 3.638.213.829 43.63%
2023 7.757.455.846 53.1%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Türk Traktör ve Ziraat Makineleri A.S. Assets
Year Assets Growth
2003 357.768.809
2004 427.763.634 16.36%
2005 363.222.306 -17.77%
2006 374.294.960 2.96%
2007 406.294.660 7.88%
2008 963.145.103 57.82%
2009 713.207.634 -35.04%
2010 886.172.555 19.52%
2011 1.239.957.672 28.53%
2012 1.319.741.121 6.05%
2013 1.494.613.191 11.7%
2014 1.914.046.849 21.91%
2015 2.016.048.336 5.06%
2016 2.302.191.070 12.43%
2017 2.788.701.288 17.45%
2018 3.093.253.588 9.85%
2019 2.915.771.429 -6.09%
2020 4.592.005.561 36.5%
2021 6.110.646.593 24.85%
2022 13.795.942.162 55.71%
2023 20.020.784.511 31.09%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Türk Traktör ve Ziraat Makineleri A.S. Liabilities
Year Liabilities Growth
2003 159.393.646
2004 197.638.729 19.35%
2005 88.092.320 -124.35%
2006 80.833.570 -8.98%
2007 128.767.050 37.22%
2008 677.592.298 81%
2009 412.506.700 -64.26%
2010 418.001.642 1.31%
2011 644.365.190 35.13%
2012 655.951.024 1.77%
2013 751.295.469 12.69%
2014 1.209.184.134 37.87%
2015 1.365.140.931 11.42%
2016 1.602.330.257 14.8%
2017 2.030.931.797 21.1%
2018 2.441.395.866 16.81%
2019 2.151.757.164 -13.46%
2020 3.150.839.124 31.71%
2021 4.059.652.495 22.39%
2022 10.157.728.333 60.03%
2023 12.263.328.665 17.17%

Türk Traktör ve Ziraat Makineleri A.S. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
345.4
Net Income per Share
61.22
Price to Earning Ratio
11.5x
Price To Sales Ratio
2.04x
POCF Ratio
12.22
PFCF Ratio
13.55
Price to Book Ratio
9.08
EV to Sales
1.92
EV Over EBITDA
8.93
EV to Operating CashFlow
11.51
EV to FreeCashFlow
12.76
Earnings Yield
0.09
FreeCashFlow Yield
0.07
Market Cap
70,45 Bil.
Enterprise Value
66,35 Bil.
Graham Number
326.77
Graham NetNet
-21.15

Income Statement Metrics

Net Income per Share
61.22
Income Quality
1.69
ROE
1.46
Return On Assets
0.29
Return On Capital Employed
0.68
Net Income per EBT
0.77
EBT Per Ebit
1.07
Ebit per Revenue
0.19
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.27
Operating Profit Margin
0.19
Pretax Profit Margin
0.21
Net Profit Margin
0.16

Dividends

Dividend Yield
0.06
Dividend Yield %
5.59
Payout Ratio
0.34
Dividend Per Share
39.35

Operating Metrics

Operating Cashflow per Share
57.61
Free CashFlow per Share
51.97
Capex to Operating CashFlow
-0.1
Capex to Revenue
-0.02
Capex to Depreciation
-2.85
Return on Invested Capital
0.56
Return on Tangible Assets
0.32
Days Sales Outstanding
0
Days Payables Outstanding
90.03
Days of Inventory on Hand
84.16
Receivables Turnover
0
Payables Turnover
4.05
Inventory Turnover
4.34
Capex per Share
-5.64

Balance Sheet

Cash per Share
71,83
Book Value per Share
77,52
Tangible Book Value per Share
68.2
Shareholders Equity per Share
77.52
Interest Debt per Share
36.7
Debt to Equity
0.4
Debt to Assets
0.15
Net Debt to EBITDA
-0.55
Current Ratio
1.43
Tangible Asset Value
6,82 Bil.
Net Current Asset Value
4,14 Bil.
Invested Capital
0.4
Working Capital
4,95 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,00 Bil.
Average Payables
5,95 Bil.
Average Inventory
4493621924.5
Debt to Market Cap
0.04

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Türk Traktör ve Ziraat Makineleri A.S. Dividends
Year Dividends Growth
2005 1
2006 2 50%
2007 2 0%
2008 2 -100%
2009 0 0%
2010 0 0%
2011 3 100%
2012 4 33.33%
2013 4 0%
2014 6 40%
2015 6 0%
2016 6 0%
2017 5 -25%
2018 6 20%
2020 2 -400%
2021 16 93.33%
2022 22 31.82%
2023 74 69.86%

Türk Traktör ve Ziraat Makineleri A.S. Profile

About Türk Traktör ve Ziraat Makineleri A.S.

Türk Traktör ve Ziraat Makineleri A.S. manufactures and sells farm tractors, harvesters, and other agricultural machineries and equipment. The company also offers construction equipment, such as skid steer loaders, backhoe loaders, compact wheel loaders, wheel loaders, mini excavators, crawler excavators, and telehandlers. It offers tractors under the New Holland, Case IH, and Steyr brand names. In addition, the company provides after sale services. It sells its products through a network of 123 tractor dealers, 143 spare part dealers, and 42 construction equipment dealers in Turkey, as well as exports its products to approximately 130 countries. The company was formerly known as Minneapolis Moline Türk Traktör ve Ziraat Makineleri A.S. and changed its name to Türk Traktör ve Ziraat Makineleri A.S. in 1968. Türk Traktör ve Ziraat Makineleri A.S. was founded in 1954 and is headquartered in Ankara, Turkey.

CEO
Mr. Ibrahim Aykut Ozuner
Employee
2.660
Address
Gazi Mahallesi Anadolu Bulvari No:52–52A
Ankara, 06560

Türk Traktör ve Ziraat Makineleri A.S. Executives & BODs

Türk Traktör ve Ziraat Makineleri A.S. Executives & BODs
# Name Age
1 Mr. Leonardo Sergio d'Alessandro
Chief Technical Officer
70
2 Mr. Ibrahim Aykut Ozuner
GM, Chief Executive Officer & Executive Director
70
3 Mr. Federico Pamfili
Chief Financial Officer
70
4 Mr. Ahmet Canbeyli
Chief Commercial Officer
70
5 Mr. Nebi Dogan Ozdongul
Chief Production Officer
70
6 Sila Akçay
Investor Relations Senior Specialist
70
7 Mr. Pasquale Ciao
Chief Purchasing & Sourcing Officer
70
8 Ms. Ilkiz Karagüllü
Manager of Investor Relations
70

Türk Traktör ve Ziraat Makineleri A.S. Competitors