Company Valuation: Koç Holding

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 71,969 212,255 359,590 452,911 428,060 544,964 - -
Change - 194.93% 69.41% 25.95% -5.49% 27.31% - -
Enterprise Value (EV) 1 249,926 212,255 486,555 1,038,257 1,440,188 2,000,591 2,346,579 2,754,421
Change - -15.07% 129.23% 113.39% 38.71% 38.91% 17.29% 17.38%
P/E 4.74x 3.04x 4.98x 347x 19.4x 11.4x 8.65x 6.64x
PBR 1.12x - 0.89x 0.86x 0.63x 0.57x 0.45x 0.35x
PEG - 0x 1.43x -3.5x 0x 0x 0.3x 0.2x
Capitalization / Revenue 0.21x 0.24x 0.22x 0.2x 0.16x 0.15x 0.13x 0.11x
EV / Revenue 0.72x 0.24x 0.3x 0.45x 0.52x 0.57x 0.55x 0.56x
EV / EBITDA 7.33x 1.28x 1.95x 7.96x 6.78x 10.8x 8.12x 7.94x
EV / EBIT 8.68x 1.34x 2.23x 13.3x 10.4x 16.5x 12.4x 11.9x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.902 - 8 - - 7.568 9.432 8.569
Rate of return 3.18% - 5.64% - - 3.52% 4.39% 3.99%
EPS 2 5.992 27.54 28.49 0.515 8.679 18.89 24.84 32.35
Distribution rate 15.1% - 28.1% - - 40.1% 38% 26.5%
Net sales 1 346,689 901,857 1,604,647 2,317,907 2,757,295 3,530,084 4,273,295 4,927,989
EBITDA 1 34,081 166,227 249,217 130,399 212,362 185,490 288,977 346,775
EBIT 1 28,795 157,967 218,605 78,131 137,970 121,036 189,854 231,879
Net income 1 15,193 69,806 72,230 1,306 22,001 30,081 39,078 -
Net Debt 1 177,958 - 126,965 585,346 1,012,128 1,455,627 1,801,615 2,209,457
Reference price 2 28.38 83.70 141.80 178.60 168.80 214.90 214.90 214.90
Nbr of stocks (in thousands) 2,535,898 2,535,898 2,535,898 2,535,898 2,535,898 2,535,898 - -
Announcement Date 2/17/22 A 2/10/23 A 3/15/24 A 2/18/25 A 2/12/26 A - - -
1TRY in Million2TRY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.37x0.57x10.79x3.52% 11.29B
11.71x1.22x5.26x2.48% 16.93B
7.49x14.78x - -.--% 14.71B
6.24x9.66x28.2x2.54% 12.08B
Average 9.20x 6.56x 14.75x 2.14% 13.76B
Weighted average by Cap. 9.31x 6.57x 13.68x 2.04%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. KCHOL Stock
  4. Valuation Koç Holding