• Turkish Airlines’ net income increased by 57% year-over-year to 6.93 billion liras in Q1 2024.
• Sales experienced a significant growth, up by 79% year-over-year to reach 147.2 billion liras.
• Ebitdar (Earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs) slightly increased by 1.3% year-over-year to $779 million.
• Load factor (a measurement of how much of the airline’s total passenger carrying capacity is used), dropped slightly to 80.4% from 81.3% y/y.
• Ebitdar margin, a profitability measure, decreased to 16.3% from 17.7% year-over-year.
• Turkish airlines’ stock currently has 17 buy ratings, 2 hold ratings, and 0 sell ratings from investment analysts.
A look at Turk Hava Yollari Ao Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores analysis, Turk Hava Yollari Ao, also known as Turkish Airlines, shows a promising long-term outlook. With top scores in Value and Growth, the company is positioned well in terms of its intrinsic worth and potential for expansion. While the Dividend score is lower, suggesting limited returns for shareholders in the form of dividends, the high scores in Growth indicate a strong potential for future earnings growth. Additionally, the Resilience score, though moderate, signals the company’s ability to withstand economic challenges. The Momentum score of 4 further supports a positive trajectory for Turk Hava Yollari Ao in the coming years.
Turk Hava Yollari Ao, operating as Turkish Airlines, offers passenger and cargo air transportation services across a wide range of destinations, covering domestic routes and major regions including the Middle East, North America, Europe, Asia, North Africa, and South Africa. With a strong focus on value and growth, the company appears well-positioned for sustained success in the aviation industry. Despite a lower dividend score, the company’s robust Growth and Momentum scores indicate a bright long-term outlook, supported by its diversified route network and operational resilience.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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