- Turkish Airlines reported a net income of 163 billion liras, a significant increase from last year’s 47.43 billion liras.
- The airline’s sales also saw a substantial increase, reaching 504.4 billion liras, up 62% from the previous year.
- In the fourth quarter, the Ebitdar (Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent) was $1.21 billion.
- The Available Seat Kilometers (ASK) for the same quarter was 58.8 billion.
- The load factor, which measures the capacity utilization of the airline, stood at 81%.
- The operating expense for the quarter was recorded at $4.87 billion.
- The Ebitdar margin, a key profitability metric, was at 23.7%.
- The board has proposed not to pay out any dividends.
- The airline’s performance has been well-received by analysts with 17 buys, 2 holds, and no sells.
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
Turk Hava Yollari Ao, also known as Turkish Airlines, is looking at a positive long-term outlook according to the Smartkarma Smart Scores. With a value score of 5 and a growth score of 5, the company is showing strong potential for growth and is considered a good value investment. However, its resilience score of 2 suggests some vulnerability, so investors should keep an eye on potential risks.
Turkish Airlines, which provides passenger and cargo air transportation services, has been expanding its reach to various destinations including the Middle East, North America, Europe, Asia, and Africa. This growth potential is reflected in its momentum score of 4. However, the company’s dividend score of 1 indicates that it may not be the best option for investors seeking regular dividend payouts.
Overall, Turk Hava Yollari Ao has a promising outlook with high scores in value and growth. However, investors should carefully consider its resilience and dividend scores before making any investment decisions. With its expanding reach and strong potential for growth, Turkish Airlines is definitely a company to watch in the long term.
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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