Vestel Beyaz Esya Sanayi ve Ticaret A.S. Logo

Vestel Beyaz Esya Sanayi ve Ticaret A.S.

VESBE.IS

(2.8)
Stock Price

17,44 TRY

10.02% ROA

46.8% ROE

7.48x PER

Market Cap.

26.096.000.000,00 TRY

52.22% DER

1.35% Yield

7.81% NPM

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Stock Analysis

Vestel Beyaz Esya Sanayi ve Ticaret 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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (18.21%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Revenue Growth

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

3 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

4 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

5 ROA

The stock's ROA (3.59%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 DER

The stock has a reasonable amount of debt compared to its ownership (97%), suggesting a balanced financial position and a moderate level of risk.

7 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (1.621), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.92x) suggests it's overvalued, potentially making it an expensive investment.

9 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Vestel Beyaz Esya Sanayi ve Ticaret 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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Vestel Beyaz Esya Sanayi ve Ticaret 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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Revenue
Year Revenue Growth
2005 801.311.830
2006 1.119.126.590 28.4%
2007 1.178.536.079 5.04%
2008 4.693.941.000 74.89%
2009 1.297.296.000 -261.82%
2010 1.424.256.000 8.91%
2011 1.973.169.000 27.82%
2012 2.143.057.000 7.93%
2013 2.028.695.000 -5.64%
2014 2.337.141.000 13.2%
2015 2.524.068.000 7.41%
2016 3.037.017.000 16.89%
2017 3.857.756.000 21.28%
2018 5.693.973.000 32.25%
2019 6.967.964.000 18.28%
2020 9.409.285.000 25.95%
2021 16.178.009.000 41.84%
2022 31.386.969.000 48.46%
2023 53.573.200.000 41.41%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Research and Development Expenses
Year Research and Development Expenses Growth
2005 8.123.760
2006 12.488.540 34.95%
2007 10.398.020 -20.1%
2008 0 0%
2009 10.039.000 100%
2010 13.865.000 27.59%
2011 25.857.000 46.38%
2012 20.663.000 -25.14%
2013 10.177.000 -103.04%
2014 7.952.000 -27.98%
2015 6.955.000 -14.34%
2016 7.109.000 2.17%
2017 7.740.000 8.15%
2018 12.883.000 39.92%
2019 58.023.000 77.8%
2020 78.866.000 26.43%
2021 114.203.000 30.94%
2022 210.472.000 45.74%
2023 309.404.000 31.98%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 3.417.840
2006 -10.498.980 132.55%
2007 16.112.592 165.16%
2008 219.383.000 92.66%
2009 15.612.000 -1305.22%
2010 21.985.000 28.99%
2011 26.371.000 16.63%
2012 27.243.000 3.2%
2013 25.687.000 -6.06%
2014 20.340.000 -26.29%
2015 26.451.000 23.1%
2016 34.545.000 23.43%
2017 29.985.000 -15.21%
2018 42.414.000 29.3%
2019 47.159.000 10.06%
2020 59.418.000 20.63%
2021 110.575.000 46.26%
2022 247.518.000 55.33%
2023 379.900.000 34.85%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. EBITDA
Year EBITDA Growth
2005 100.072.270
2006 129.665.280 22.82%
2007 158.033.714 17.95%
2008 1.244.095.000 87.3%
2009 339.420.000 -266.54%
2010 181.102.000 -87.42%
2011 364.736.000 50.35%
2012 67.436.000 -440.86%
2013 167.296.000 59.69%
2014 254.096.000 34.16%
2015 341.576.000 25.61%
2016 480.661.000 28.94%
2017 578.741.000 16.95%
2018 741.205.000 21.92%
2019 994.176.000 25.45%
2020 1.792.345.000 44.53%
2021 2.565.470.000 30.14%
2022 2.665.085.000 3.74%
2023 11.641.768.000 77.11%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Gross Profit
Year Gross Profit Growth
2005 89.646.110
2006 157.806.560 43.19%
2007 80.078.113 -97.07%
2008 898.661.000 91.09%
2009 221.961.000 -304.87%
2010 105.869.000 -109.66%
2011 184.744.000 42.69%
2012 53.252.000 -246.92%
2013 178.459.000 70.16%
2014 300.337.000 40.58%
2015 372.397.000 19.35%
2016 490.313.000 24.05%
2017 494.009.000 0.75%
2018 912.365.000 45.85%
2019 884.674.000 -3.13%
2020 1.806.451.000 51.03%
2021 2.564.694.000 29.56%
2022 4.911.390.000 47.78%
2023 14.668.400.000 66.52%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Net Profit
Year Net Profit Growth
2005 50.484.850
2006 64.290.710 21.47%
2007 73.741.754 12.82%
2008 -402.712.000 118.31%
2009 116.717.000 445.03%
2010 24.561.000 -375.21%
2011 20.145.000 -21.92%
2012 -18.491.000 208.94%
2013 52.689.000 135.09%
2014 131.177.000 59.83%
2015 163.895.000 19.96%
2016 325.005.000 49.57%
2017 295.234.000 -10.08%
2018 622.561.000 52.58%
2019 568.072.000 -9.59%
2020 1.331.308.000 57.33%
2021 1.518.592.000 12.33%
2022 1.424.466.000 -6.61%
2023 10.004.384.000 85.76%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 3 100%
2021 1 0%
2022 1 0%
2023 6 100%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Free Cashflow
Year Free Cashflow Growth
2005 -21.474.450
2006 -154.865.460 86.13%
2007 104.652.798 247.98%
2008 -128.770.000 181.27%
2009 -7.371.000 -1646.98%
2010 -26.127.000 71.79%
2011 -74.450.000 64.91%
2012 -109.882.000 32.25%
2013 131.904.000 183.3%
2014 219.388.000 39.88%
2015 89.514.000 -145.09%
2016 126.405.000 29.18%
2017 294.703.000 57.11%
2018 508.045.000 41.99%
2019 258.056.000 -96.87%
2020 -25.685.000 1104.7%
2021 615.999.000 104.17%
2022 -1.205.707.000 151.09%
2023 2.730.266.000 144.16%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Operating Cashflow
Year Operating Cashflow Growth
2005 83.891.310
2006 -104.316.720 180.42%
2007 155.562.993 167.06%
2008 72.437.000 -114.76%
2009 17.511.000 -313.67%
2010 20.903.000 16.23%
2011 13.065.000 -59.99%
2012 -14.072.000 192.84%
2013 238.092.000 105.91%
2014 315.949.000 24.64%
2015 176.897.000 -78.61%
2016 245.564.000 27.96%
2017 655.672.000 62.55%
2018 1.082.870.000 39.45%
2019 617.727.000 -75.3%
2020 574.223.000 -7.58%
2021 1.375.261.000 58.25%
2022 2.040.272.000 32.59%
2023 3.588.345.000 43.14%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Capital Expenditure
Year Capital Expenditure Growth
2005 105.365.760
2006 50.548.740 -108.44%
2007 50.910.195 0.71%
2008 201.207.000 74.7%
2009 24.882.000 -708.64%
2010 47.030.000 47.09%
2011 87.515.000 46.26%
2012 95.810.000 8.66%
2013 106.188.000 9.77%
2014 96.561.000 -9.97%
2015 87.383.000 -10.5%
2016 119.159.000 26.67%
2017 360.969.000 66.99%
2018 574.825.000 37.2%
2019 359.671.000 -59.82%
2020 599.908.000 40.05%
2021 759.262.000 20.99%
2022 3.245.979.000 76.61%
2023 858.079.000 -278.28%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Equity
Year Equity Growth
2005 229.706.480
2006 455.028.070 49.52%
2007 504.458.917 9.8%
2008 783.109.000 35.58%
2009 593.874.000 -31.86%
2010 516.031.000 -15.08%
2011 509.747.000 -1.23%
2012 491.256.000 -3.76%
2013 540.804.000 9.16%
2014 662.563.000 18.38%
2015 714.273.000 7.24%
2016 919.931.000 22.36%
2017 1.012.137.000 9.11%
2018 1.811.575.000 44.13%
2019 1.806.228.000 -0.3%
2020 3.361.765.000 46.27%
2021 4.892.655.000 31.29%
2022 6.319.416.000 22.58%
2023 9.678.558.000 34.71%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Assets
Year Assets Growth
2005 577.269.720
2006 836.323.180 30.98%
2007 825.878.844 -1.26%
2008 3.931.753.000 78.99%
2009 931.550.000 -322.07%
2010 973.921.000 4.35%
2011 1.226.916.000 20.62%
2012 1.315.227.000 6.71%
2013 1.352.923.000 2.79%
2014 1.549.437.000 12.68%
2015 1.721.300.000 9.98%
2016 2.287.503.000 24.75%
2017 3.029.989.000 24.5%
2018 4.685.092.000 35.33%
2019 4.983.802.000 5.99%
2020 8.229.991.000 39.44%
2021 14.189.413.000 42%
2022 25.530.362.000 44.42%
2023 35.550.040.000 28.18%

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Liabilities
Year Liabilities Growth
2005 347.563.410
2006 381.294.830 8.85%
2007 321.419.927 -18.63%
2008 2.875.896.000 88.82%
2009 337.676.000 -751.67%
2010 457.890.000 26.25%
2011 717.169.000 36.15%
2012 823.971.000 12.96%
2013 812.119.000 -1.46%
2014 886.874.000 8.43%
2015 1.007.027.000 11.93%
2016 1.367.572.000 26.36%
2017 2.017.852.000 32.23%
2018 2.873.517.000 29.78%
2019 3.177.574.000 9.57%
2020 4.868.226.000 34.73%
2021 9.296.758.000 47.64%
2022 19.210.946.000 51.61%
2023 25.871.482.000 25.74%

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
27.92
Net Income per Share
2.18
Price to Earning Ratio
7.48x
Price To Sales Ratio
0.58x
POCF Ratio
5.73
PFCF Ratio
41.52
Price to Book Ratio
2.7
EV to Sales
0.69
EV Over EBITDA
5.93
EV to Operating CashFlow
6.76
EV to FreeCashFlow
49.08
Earnings Yield
0.13
FreeCashFlow Yield
0.02
Market Cap
26,10 Bil.
Enterprise Value
30,85 Bil.
Graham Number
17.21
Graham NetNet
-5.55

Income Statement Metrics

Net Income per Share
2.18
Income Quality
1.31
ROE
0.47
Return On Assets
0.1
Return On Capital Employed
0.38
Net Income per EBT
1.11
EBT Per Ebit
0.73
Ebit per Revenue
0.1
Effective Tax Rate
-0.11

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.19
Operating Profit Margin
0.1
Pretax Profit Margin
0.07
Net Profit Margin
0.08

Dividends

Dividend Yield
0.01
Dividend Yield %
1.35
Payout Ratio
0
Dividend Per Share
0.22

Operating Metrics

Operating Cashflow per Share
2.85
Free CashFlow per Share
0.39
Capex to Operating CashFlow
-0.86
Capex to Revenue
-0.09
Capex to Depreciation
-6.49
Return on Invested Capital
0.32
Return on Tangible Assets
0.1
Days Sales Outstanding
144.87
Days Payables Outstanding
164.11
Days of Inventory on Hand
67
Receivables Turnover
2.52
Payables Turnover
2.22
Inventory Turnover
5.45
Capex per Share
-2.46

Balance Sheet

Cash per Share
0,19
Book Value per Share
6,04
Tangible Book Value per Share
5.65
Shareholders Equity per Share
6.04
Interest Debt per Share
3.87
Debt to Equity
0.52
Debt to Assets
0.14
Net Debt to EBITDA
0.91
Current Ratio
1.03
Tangible Asset Value
9,05 Bil.
Net Current Asset Value
-1,02 Bil.
Invested Capital
0.52
Working Capital
0,82 Bil.
Intangibles to Total Assets
0.02
Average Receivables
17,46 Bil.
Average Payables
16,34 Bil.
Average Inventory
6148676500
Debt to Market Cap
0.19

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.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Dividends
Year Dividends Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 0 0%
2023 0 0%

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Profile

About Vestel Beyaz Esya Sanayi ve Ticaret A.S.

Vestel Beyaz Esya Sanayi ve Ticaret A.S. manufactures electronics and household appliances in Turkey, Europe, and internationally. The company produces refrigerators, room air conditioning units, washing machines, cookers, dishwashers, water heaters, ovens, freezers, and dryers. It also exports its products to 157 countries. The company was incorporated in 1997 and is headquartered in Istanbul, Turkey. Vestel Beyaz Esya Sanayi ve Ticaret A.S. is a subsidiary of Vestel Elektronik Sanayi ve Ticaret A.S.

CEO
Mr. Ergun Guler
Employee
9.301
Address
Levent 199
Istanbul, 34394

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Executives & BODs

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Executives & BODs
# Name Age
1 Mr. Necmi Kavusturan
Member of Executive Committee
70
2 Mr. Erdal Haspolat
General Manager
70
3 Mr. Alp Dayi
Member of Executive Committee
70
4 Mr. Bulent Kiracioglu
General Manager of Finance
70
5 Mr. Ergun Guler
Chief Executive Officer
70
6 Ms. Serap Mutlu
Investor Relations Director
70
7 Mr. Bekir Cem Koksal
Member of Executive Committee & Director
70

Vestel Beyaz Esya Sanayi ve Ticaret A.S. Competitors