- Tofas reported a net income of 5.22 billion liras for the full year, which is a 76% decrease compared to last year and below the estimated 7.23 billion liras.
- The company’s annual sales amounted to 120.3 billion liras, marking a 35% decline from the previous year, but still slightly above the expected 117.12 billion liras.
- Forecasts for the year include local sales ranging between 110,000 to 130,000 units.
- Exports are projected to be between 70,000 to 90,000 units.
- Capital expenditure is expected to be approximately 150 million euros.
- Total production for 2025 is anticipated to be between 150,000 to 170,000 units.
- The company expects a profit before tax (PBT) margin of above 5% for 2025.
- Market analysts have given Tofas 10 buy ratings and 10 hold ratings, with no sell ratings.
A look at Tofas Turk Otomobil Fabrikasi Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Smartkarma Smart Scores provide insights into the long-term outlook for Tofas Turk Otomobil Fabrikasi AS, the Turkish automotive company. With a strong score of 5 in dividends, investors can expect attractive dividend payouts over the long run. Moreover, Tofas demonstrates robust growth potential with a score of 4 in this category, indicating promising prospects for expansion and development. The company’s resilience, marked by a score of 4, underlines its ability to weather market fluctuations and challenges effectively. Additionally, Tofas exhibits positive momentum with a score of 4, reflecting the company’s upward trajectory and performance trends.
As a manufacturer of cars and automobile parts in partnership with Fiat, Tofas Turk Otomobil Fabrikasi AS has positioned itself as a key player in the Turkish automotive industry. In addition to producing vehicles, the group imports Alfa Romeo and Fiat cars for the domestic market and offers financial services, diversifying its revenue streams. With notable strengths in dividends, growth, resilience, and momentum, Tofas shows promise for sustainable growth and value creation in the long term, making it an appealing prospect for investors seeking stability and potential returns.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
