Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Haci Ömer Sabanci Holding

IBSE:SAHOL
Snowflake Description

Good value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SAHOL
IBSE
TRY16B
Market Cap
  1. Home
  2. TR
  3. Diversified Financials
Company description

Haci Ömer Sabanci Holding A.S. operates primarily in the finance, manufacturing, and trading sectors worldwide. The last earnings update was 44 days ago. More info.


Add to Portfolio Compare Print
  • Haci Ömer Sabanci Holding has significant price volatility in the past 3 months.
SAHOL Share Price and Events
7 Day Returns
2.8%
IBSE:SAHOL
15.2%
TR Diversified Financial
9.9%
TR Market
1 Year Returns
-4.5%
IBSE:SAHOL
39.6%
TR Diversified Financial
32.2%
TR Market
SAHOL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Haci Ömer Sabanci Holding (SAHOL) 2.8% -15.6% -26% -4.5% -25.1% -20.4%
TR Diversified Financial 15.2% -11.1% -24.9% 39.6% 97.7% 113.5%
TR Market 9.9% -3.9% -10.5% 32.2% 46.8% 61.5%
1 Year Return vs Industry and Market
  • SAHOL underperformed the Diversified Financial industry which returned 39.6% over the past year.
  • SAHOL underperformed the Market in Turkey which returned 32.2% over the past year.
Price Volatility
SAHOL
Industry
5yr Volatility vs Market

Value

 Is Haci Ömer Sabanci Holding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Haci Ömer Sabanci Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Haci Ömer Sabanci Holding.

IBSE:SAHOL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= TRY13.66 * 12.9%
TRY1.77
Book Value of Equity per Share Median Book Value from the past 5 years. TRY13.66
Discount Rate (Cost of Equity) See below 28.6%
Perpetual Growth Rate 10-Year TR Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for IBSE:SAHOL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year TR Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 10%
Diversified Financial Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.731 (1 + (1- 22%) (509.53%))
2.766
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (2 * 10%)
28.6%

Discounted Cash Flow Calculation for IBSE:SAHOL using Excess Returns Model Model

The calculations below outline how an intrinsic value for Haci Ömer Sabanci Holding is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

IBSE:SAHOL Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (12.9% – 28.6%) * TRY13.66)
TRY-2.14
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= TRY-2.14 / (28.6% - 8.6%)
TRY-10.69
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= TRY13.66 + TRY-10.69
TRY2.97
IBSE:SAHOL Discount to Share Price
Calculation Result
Value per share (TRY) From above. TRY2.97
Current discount Discount to share price of TRY7.61
= -1 x (TRY7.61 - TRY2.97) / TRY2.97
-156.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Haci Ömer Sabanci Holding is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Haci Ömer Sabanci Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Haci Ömer Sabanci Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
IBSE:SAHOL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in TRY TRY1.85
IBSE:SAHOL Share Price ** IBSE (2020-04-09) in TRY TRY7.61
Turkey Diversified Financial Industry PE Ratio Median Figure of 9 Publicly-Listed Diversified Financial Companies 9.81x
Turkey Market PE Ratio Median Figure of 279 Publicly-Listed Companies 10.48x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Haci Ömer Sabanci Holding.

IBSE:SAHOL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= IBSE:SAHOL Share Price ÷ EPS (both in TRY)

= 7.61 ÷ 1.85

4.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Haci Ömer Sabanci Holding is good value based on earnings compared to the TR Diversified Financial industry average.
  • Haci Ömer Sabanci Holding is good value based on earnings compared to the Turkey market.
Price based on expected Growth
Does Haci Ömer Sabanci Holding's expected growth come at a high price?
Raw Data
IBSE:SAHOL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
17.9%per year
Asia Diversified Financial Industry PEG Ratio Median Figure of 18 Publicly-Listed Diversified Financial Companies 0.65x
Turkey Market PEG Ratio Median Figure of 56 Publicly-Listed Companies 0.49x

*Line of best fit is calculated by linear regression .

IBSE:SAHOL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 4.11x ÷ 17.9%

0.23x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Haci Ömer Sabanci Holding is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Haci Ömer Sabanci Holding's assets?
Raw Data
IBSE:SAHOL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in TRY TRY16.33
IBSE:SAHOL Share Price * IBSE (2020-04-09) in TRY TRY7.61
Turkey Diversified Financial Industry PB Ratio Median Figure of 10 Publicly-Listed Diversified Financial Companies 0.93x
Turkey Market PB Ratio Median Figure of 371 Publicly-Listed Companies 1.4x
IBSE:SAHOL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= IBSE:SAHOL Share Price ÷ Book Value per Share (both in TRY)

= 7.61 ÷ 16.33

0.47x

* Primary Listing of Haci Ömer Sabanci Holding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Haci Ömer Sabanci Holding is good value based on assets compared to the TR Diversified Financial industry average.
X
Value checks
We assess Haci Ömer Sabanci Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Diversified Financial industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Diversified Financial industry average (and greater than 0)? (1 check)
  5. Haci Ömer Sabanci Holding has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Haci Ömer Sabanci Holding expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Haci Ömer Sabanci Holding expected to grow at an attractive rate?
  • Haci Ömer Sabanci Holding's earnings growth is expected to exceed the low risk savings rate of 8.6%.
Growth vs Market Checks
  • Haci Ömer Sabanci Holding's earnings growth is positive but not above the Turkey market average.
  • Haci Ömer Sabanci Holding's revenue growth is expected to exceed the Turkey market average.
Annual Growth Rates Comparison
Raw Data
IBSE:SAHOL Future Growth Rates Data Sources
Data Point Source Value (per year)
IBSE:SAHOL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 17.9%
IBSE:SAHOL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 58.2%
Asia Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 7.2%
Asia Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 12.6%
Turkey Market Earnings Growth Rate Market Cap Weighted Average 19.3%
Turkey Market Revenue Growth Rate Market Cap Weighted Average 13%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
IBSE:SAHOL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in TRY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
IBSE:SAHOL Future Estimates Data
Date (Data in TRY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 67,362 5,435 2
2020-12-31 64,854 4,560 5
2020-04-09
IBSE:SAHOL Past Financials Data
Date (Data in TRY Millions) Revenue Cash Flow Net Income *
2019-12-31 17,918 27,225 3,780
2019-09-30 16,870 7,491 3,329
2019-06-30 17,400 11,774 3,555
2019-03-31 17,730 8,221 3,821
2018-12-31 17,437 -7,880 3,830
2018-09-30 18,007 15,177 4,545
2018-06-30 17,167 -7,467 4,236
2018-03-31 16,846 3,560 3,875
2017-12-31 15,609 5,268 3,478
2017-09-30 14,882 -3,978 3,102
2017-06-30 14,069 -286 2,768
2017-03-31 13,640 -9,298 2,695

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Haci Ömer Sabanci Holding's earnings are expected to grow by 17.9% yearly, however this is not considered high growth (20% yearly).
  • Haci Ömer Sabanci Holding's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
IBSE:SAHOL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Haci Ömer Sabanci Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IBSE:SAHOL Future Estimates Data
Date (Data in TRY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 2.66 2.66 2.66 1.00
2020-12-31 2.23 2.23 2.23 1.00
2020-04-09
IBSE:SAHOL Past Financials Data
Date (Data in TRY Millions) EPS *
2019-12-31 1.85
2019-09-30 1.63
2019-06-30 1.74
2019-03-31 1.88
2018-12-31 1.88
2018-09-30 2.23
2018-06-30 2.08
2018-03-31 1.90
2017-12-31 1.70
2017-09-30 1.52
2017-06-30 1.36
2017-03-31 1.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Haci Ömer Sabanci Holding is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Haci Ömer Sabanci Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Haci Ömer Sabanci Holding has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Haci Ömer Sabanci Holding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Haci Ömer Sabanci Holding's growth in the last year to its industry (Diversified Financial).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Haci Ömer Sabanci Holding's year on year earnings growth rate has been positive over the past 5 years.
  • Haci Ömer Sabanci Holding's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Haci Ömer Sabanci Holding's 1-year earnings growth is negative, it can't be compared to the TR Diversified Financial industry average.
Earnings and Revenue History
Haci Ömer Sabanci Holding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Haci Ömer Sabanci Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IBSE:SAHOL Past Revenue, Cash Flow and Net Income Data
Date (Data in TRY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 17,918.18 3,779.89 8,975.10
2019-09-30 16,870.15 3,328.72 8,848.94
2019-06-30 17,399.69 3,554.92 8,484.48
2019-03-31 17,730.18 3,820.98 8,354.40
2018-12-31 17,436.58 3,830.31 7,889.97
2018-09-30 18,007.10 4,544.61 7,770.90
2018-06-30 17,167.01 4,235.92 7,412.49
2018-03-31 16,845.71 3,874.54 6,797.06
2017-12-31 15,609.36 3,477.58 6,510.77
2017-09-30 14,881.55 3,102.37 6,426.81
2017-06-30 14,069.02 2,768.34 6,172.70
2017-03-31 13,640.49 2,694.95 6,203.00
2016-12-31 13,073.85 2,669.48 6,222.05
2016-09-30 12,537.17 2,473.87 6,158.81
2016-06-30 12,146.74 2,403.95 6,291.45
2016-03-31 11,482.20 2,149.89 6,172.61
2015-12-31 11,112.04 2,141.47 6,059.87
2015-09-30 11,003.45 2,193.54 5,943.06
2015-06-30 10,852.05 2,157.23 5,675.97
2015-03-31 10,713.07 2,235.34 5,502.88
2014-12-31 10,250.34 2,003.79 5,233.70
2014-09-30 9,546.16 1,545.73 4,885.94
2014-06-30 9,158.89 1,468.05 4,808.25
2014-03-31 9,070.14 1,478.71 4,357.86
2013-12-31 9,240.83 1,639.44 4,313.29
2013-09-30 9,368.81 2,141.28 4,232.86
2013-06-30 9,282.39 2,273.52 3,936.61

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Haci Ömer Sabanci Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Haci Ömer Sabanci Holding used its assets less efficiently than the TR Diversified Financial industry average last year based on Return on Assets.
  • Unable to establish if Haci Ömer Sabanci Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Haci Ömer Sabanci Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Diversified Financial industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Haci Ömer Sabanci Holding has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Haci Ömer Sabanci Holding's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Haci Ömer Sabanci Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Haci Ömer Sabanci Holding's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Haci Ömer Sabanci Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Haci Ömer Sabanci Holding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Haci Ömer Sabanci Holding Company Filings, last reported 3 months ago.

IBSE:SAHOL Past Debt and Equity Data
Date (Data in TRY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 66,477.44 77,102.52 45,698.57
2019-09-30 63,311.31 79,328.76 44,957.28
2019-06-30 60,793.05 86,706.43 43,926.55
2019-03-31 58,730.79 100,271.36 45,580.16
2018-12-31 56,395.80 92,970.63 36,111.23
2018-09-30 55,702.62 131,402.84 68,366.63
2018-06-30 53,788.64 101,614.58 22,435.83
2018-03-31 52,532.88 88,156.25 12,005.65
2017-12-31 51,997.94 89,621.62 16,018.04
2017-09-30 49,688.81 79,250.11 11,748.81
2017-06-30 47,941.53 79,571.60 13,305.42
2017-03-31 45,962.36 81,253.42 12,515.76
2016-12-31 44,807.34 79,677.25 9,691.74
2016-09-30 43,520.38 72,581.29 13,495.49
2016-06-30 42,456.08 75,316.99 10,013.50
2016-03-31 40,631.50 71,217.13 8,504.88
2015-12-31 39,971.44 66,779.05 10,310.13
2015-09-30 38,252.29 67,943.72 10,432.18
2015-06-30 38,139.70 67,092.76 13,683.80
2015-03-31 37,091.10 70,362.03 11,889.50
2014-12-31 36,857.88 63,442.36 6,363.14
2014-09-30 35,234.48 61,188.82 6,524.55
2014-06-30 34,659.73 60,480.35 6,968.61
2014-03-31 32,512.81 60,493.39 8,779.07
2013-12-31 32,014.66 54,391.06 6,448.83
2013-09-30 31,765.70 52,646.51 9,509.86
2013-06-30 30,457.63 53,792.69 7,835.35
  • Haci Ömer Sabanci Holding's level of debt (116%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (172.3% vs 116% today).
  • Debt is well covered by operating cash flow (35.3%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Haci Ömer Sabanci Holding's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Haci Ömer Sabanci Holding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Haci Ömer Sabanci Holding has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Haci Ömer Sabanci Holding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.94%
Current annual income from Haci Ömer Sabanci Holding dividends. Estimated to be 4.9% next year.
If you bought TRY2,000 of Haci Ömer Sabanci Holding shares you are expected to receive TRY79 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Haci Ömer Sabanci Holding's pays a higher dividend yield than the bottom 25% of dividend payers in Turkey (2.7%).
  • Haci Ömer Sabanci Holding's dividend is below the markets top 25% of dividend payers in Turkey (7.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
IBSE:SAHOL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Asia Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 88 Stocks 5%
Turkey Market Average Dividend Yield Market Cap Weighted Average of 68 Stocks 6.8%
Turkey Minimum Threshold Dividend Yield 10th Percentile 1.4%
Turkey Bottom 25% Dividend Yield 25th Percentile 2.7%
Turkey Top 25% Dividend Yield 75th Percentile 7.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

IBSE:SAHOL Future Dividends Estimate Data
Date (Data in TRY) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.41 2.00
2020-12-31 0.36 4.00
2020-04-09
IBSE:SAHOL Past Annualized Dividends Data
Date (Data in TRY) Dividend per share (annual) Avg. Yield (%)
2019-05-10 0.300 3.399
2019-02-25 0.300 3.699
2018-05-23 0.300 3.773
2018-02-26 0.300 2.925
2017-08-18 0.200 1.885
2017-02-24 0.200 1.894
2016-05-06 0.100 1.074
2016-02-29 0.150 1.567
2015-05-11 0.100 1.117
2015-03-03 0.100 1.053
2014-03-07 0.100 1.039
2013-06-13 0.100 1.106
2013-03-22 0.100 0.892
2012-09-10 0.100 1.061
2012-03-30 0.100 1.343
2011-09-09 0.150 2.379
2011-04-01 0.150 2.200

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Haci Ömer Sabanci Holding has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Haci Ömer Sabanci Holding only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Haci Ömer Sabanci Holding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (6.5x coverage).
X
Income/ dividend checks
We assess Haci Ömer Sabanci Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Haci Ömer Sabanci Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Haci Ömer Sabanci Holding has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Haci Ömer Sabanci Holding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Cenk Alper
AGE 50
CEO Bio

Mr. Cenk Alper serves as Chief Executive Officer & Director at Haci Ömer Sabanci Holding AS and also has been it Industry President since April 1, 2017. Mr. Alper served as the Chief Executive Officer and President at Kordsa Global Endüstriyel Iplik ve Kord Bezi Sanayi ve Ticaret A.S. from June 17, 2013 to April 04, 2017 and served as its Vice President of Operations since October 2010. Mr. Alper served as the Vice President of Technology & Market Development at Kordsa Global Endüstriyel Iplik ve Kord Bezi Sanayi ve Ticaret A.S. from 2009 to 2010 and served as its Chief Technology Officer since 2007. He had been the President Commissioner of PT. Indo Kordsa Tbk from June 25, 2015 to June 6, 2017 and served as its Vice President Commissioner since June 5, 2013. He served as Commissioner of PT. Indo Kordsa Tbk from 2012 to June 06, 2017. He served as a Director for PT. Indo Kordsa Tbk since 2007. He started his business career at Beksa as a process engineer and served in different managerial levels in their Technology and Production Departments. In 2002, he served as a Project Director at the Technology Center of Bekaert Belgium. In Tennessee he also worked as Technical Director responsible for North and South America Factories. Mr. Alper consequently returned from Belgium as Kordsa Global's New Products Development Director at the Technology Center. He has been Chairman at Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS since June 20, 2017. He has been Chairman at Kordsa Global Endüstriyel Iplik ve Kord Bezi Sanayi ve Ticaret A.S. since April 04, 2017. He has been a Director at Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS since June 20, 2017. He served Director of Enerjisa Üretim Santralleri A.S. until 2020. He served as a Director of Enerjisa Enerji A.S. He holds a BSc degree in Mechanical Engineering from Middle East Technical University in 1991 and MS degree in Mechanical Engineering from the same University in 1994. He holds an MBA from Sabanci University in 2002.

CEO Compensation
  • Insufficient data for Cenk to compare compensation growth.
  • Insufficient data for Cenk to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Güler Sabanci

TITLE
Chairman & MD
AGE
64

Cenk Alper

TITLE
CEO, Director & Industry President
AGE
50

Baris Oran

TITLE
Chief Financial Officer
AGE
46
TENURE
4.3 yrs

Levent Demirag

TITLE
Head of Financial Affairs
AGE
60

Guven Oktay

TITLE
Director of Risk & Compliance

Filiz Tuzun

TITLE
Director of Corporate Communication

Hakan Timur

TITLE
Human Resources Group President
AGE
46
TENURE
2.2 yrs

Tamer Saka

TITLE
President of Cement
AGE
46

Haluk Dinçer

TITLE
President of restructured Insurance Group
AGE
57

Fuat Öksüz

TITLE
Head of Audit
Board of Directors

Güler Sabanci

TITLE
Chairman & MD
AGE
64

Cenk Alper

TITLE
CEO, Director & Industry President
AGE
50

Erol Sabanci

TITLE
Vice Chairman
AGE
81

Nafiz Paker

TITLE
Independent Director
AGE
77

Mehmet Basol

TITLE
Independent Director
AGE
62

Sevil Sabanci

TITLE
Director
AGE
46
TENURE
23.3 yrs

Serra Sabanci

TITLE
Director
AGE
44

Suzan Sabanci Dinçer

TITLE
Director
AGE
54

Ahmet Erdem

TITLE
Independent Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (TRY) Value (TRY)
X
Management checks
We assess Haci Ömer Sabanci Holding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Haci Ömer Sabanci Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Haci Ömer Sabanci Holding A.S. operates primarily in the finance, manufacturing, and trading sectors worldwide. It operates through Banking, Industry, Retail, Cement, and Other segments. The company offers corporate and investment, private, commercial, SME, retail, and international banking services, as well as payment systems, treasury transactions, and insurance brokerage services; and asset management and financial leasing services. It serves through a network of head office, 771 branches, 5,100 ATMs, and 600,000 POS terminals, as well as Internet and mobile banking services, and call center. The company also retails food and non-food products through a network of 634 stores, including 30 hypermarkets, 370 supermarkets, 25 gourmets, 208 mini markets, and 1 franchise market. In addition, it is involved in the retail of technology products through a network of 200 stores, as well as teknosa.com and a mobile application. Further, the company offers white and grey cement products; and clinker and ready-mixed concrete products. Additionally, it provides tire, construction reinforcement, and composite technologies; and buses, trucks, agricultural, and construction vehicles. The company also offers life and non-life insurance products, and pension products; textile products, tourism services, and information technology solutions; sells and services Mitsubishi Motors passenger and commercial vehicles, and spare parts; and distributes construction vehicles, heavy vehicles, and industrial products, as well as operates hotels. In addition, it engages in the electricity production, distribution, selling, and trading business with 3,607 MW installed capacity through hydroelectric, wind, natural gas, solar, and lignite sources. Haci Ömer Sabanci Holding A.S. was founded in 1967 and is headquartered in Istanbul, Turkey.

Details
Name: Haci Ömer Sabanci Holding A.S.
SAHOL
Exchange: IBSE
Founded: 1967
TRY15,527,473,914
2,040,403,931
Website: http://www.sabanci.com
Address: Haci Ömer Sabanci Holding A.S.
Sabanci Center,
4. Levent,
Istanbul,
34330,
Turkey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IBSE SAHOL Ordinary Shares Borsa Istanbul (BIST) TR TRY 12. Aug 1997
Number of employees
Current staff
Staff numbers
62,051
Haci Ömer Sabanci Holding employees.
Industry
Multi-Sector Holdings
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 20:24
End of day share price update: 2020/04/09 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2020/02/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.