TKCTurkcell Iletisim Hizmetleri A.S.

$5.10-6.1% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 74 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. Turkcell Iletisim Hizmetleri A.S. scores higher than 83% of the 1,794 companies Ryufin scores.

Carried by valuation and cycle position, with nothing holding it far back.

Communication Services median 60 · all companies 57

Valuation

26% of the score

100median 56

Turkcell Iletisim Hizmetleri A.S. is valued at 3.9x its operating profit, including debt: cheap enough for full points.

60x
50x
35x
25x
18x
12x
8x
3.9x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

45median 34

Over 7 years the business earned 8% a year after tax on the capital it uses.

2%
8%
15%
25%
8%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 4.9%

Return on new capital

16% of the score

60median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 5 cents. New capital earned 1.3%, and 398% of profit went back into the business.

-5%
12%
5.2%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

61median 67

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countDown 0% a year over 5 years: buybacks
63
5%
-3%
-0%
0 pointsfull points
Assets against salesAssets grew 42% a year, sales 38%
58
12%
-2%
3.9%
0 pointsfull points

Cycle position

12% of the score

100median 62

Today's operating margin of 7.3% is 0.53x its normal 14%: near a trough. Normal is half the 9 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
0.5x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
9 years agonow 7.3%

Balance sheet

8% of the score

48median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA0.7x a year of EBITDA
96
4.5x
0.5x
0.7x
0 pointsfull points
Interest coverOperating profit covers interest 0x
0
1.5x
12x
0.4x
0 pointsfull points

Earnings quality

6% of the score

100median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 5.48x profit over 3 years
100
0.7x
1x
1.3x
5.5x
0 pointsfull points
AccrualsCash ran ahead of profit by 12.1% of assets
100
8%
0%
-8%
-12%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2023-12-31, latest annual report FY2023.