- Turkcell’s net income for the second quarter was 4.20 billion liras, beating estimates of 3.42 billion liras, and marking a 7.1% increase year-over-year.
- Total revenue reached 53.02 billion liras, a 12% increase compared to the previous year.
- EBITDA was reported at 23.09 billion liras, surpassing the estimated 22.05 billion liras, and showing a 15% year-over-year growth.
- The EBITDA margin improved slightly to 43.5% from 42.6% the previous year.
- Turkcell’s subscriber base grew to 45.6 million, a 0.7% increase year-over-year.
- Mobile churn rate was at 2.2%, indicating stability in retaining customers.
- The company achieved the highest quarterly net subscriber additions on the postpaid side in the past five and a half years.
- Mobile ARPU, excluding M2M, saw a 9.8% year-over-year increase driven by price adjustments and successful upselling.
- Turkcell’s postpaid subscriber base expanded by 2.0 million over the past 12 months.
- The company enjoys a strong market support with 21 “buy” ratings, and no “hold” or “sell” recommendations.
A look at Turkcell Iletisim Hizmet As Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.6 |
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
Analysts utilizing the Smartkarma Smart Scores have assessed Turkcell Iletisim Hizmet As across various key factors important for its long-term outlook. With a solid score for Value and Dividend, it indicates that the company is viewed positively in terms of its financial health and potential returns to investors. Additionally, a good score for Growth suggests that Turkcell has promising prospects for expanding its operations and increasing its market share. However, the slightly lower scores for Resilience and Momentum imply that there may be some challenges to overcome in terms of adapting to market changes and maintaining a strong growth trajectory.
Turkcell Iletisim Hizmet As, a company providing mobile and fixed voice, data, and television services in Turkey, presents a mixed picture in the Smartkarma Smart Scores evaluation. While showing strengths in Value, Dividend, and Growth, the company may need to focus on enhancing its Resilience and Momentum to drive sustainable long-term performance. Investors looking at Turkcell should consider these factors in conjunction with the overall outlook to make informed investment decisions.
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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