Türkiye Halk Bankasi A.S.

$ 47.48 -3.30 %

Türkiye Halk Bankasi A.S., together with its affiliated companies, delivers a broad spectrum of financial and banking services. The institution provides a wide array of deposit options, including digital deposits, accounts linked to investment funds, children's savings accounts, accumulated and producing deposit accounts, current accounts in both Turkish Lira and foreign currencies, time deposits for TL and FX, gold deposit accounts, and secure safety deposit boxes. It also extends diverse credit products such as personal, automotive, and housing (mortgage) loans, along with overdraft facilities. For corporate clients, the bank offers commercial loans, cash and non-cash financing, letters of credit, medium and long-term lending, investment and project financing, foreign trade loans, and funding sourced from international financial entities. Moreover, the company furnishes various card and payment solutions, insurance policies, and sophisticated derivative products. Its investment portfolio is comprehensive, featuring investment funds (including Fon24), domestic government bonds, bank-issued bills and bonds, Eurobonds, repurchase agreements (repos), forwards, options, swaps, and secured options. Cash management services are also a key offering. Clients can conveniently access their banking services through modern digital channels, including internet, mobile, and SMS banking platforms. Beyond its core banking operations, Türkiye Halk Bankasi A.S. is involved in investing in real estate-backed capital market instruments, engaging in real estate projects, managing real estate rights, financial leasing, factoring, and broader capital markets activities. As of December 31, 2021, the bank maintained a substantial operational footprint with 1,023 branches in total. This network included 1,018 domestic branches, 5 international branches (four situated in Cyprus and one in Bahrain), and three representative offices located in England, Iran, and Singapore. Founded in 1933, Türkiye Halk Bankasi A.S. is headquartered in Istanbul, Turkey.

CEO: Recep Suleyman Ozdil - https://www.halkbank.com.tr

Price objectif

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Recommandation

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DCF

$ 43.36

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HALKB.IS vs S&P500

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Quick ratio

0.89

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

11.28

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

4.21

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

14.56 %

reflects reasonable profitability, showing good use of equity.

ROIC

0.67 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

58.48

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

4.85

means it relies more on debt, which can increase financial risk.

Free cash flow per share

16.41

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.01 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
0.30 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.89 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.24 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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