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Çelebi Hava Servisi

IBSE:CLEBI
Snowflake Description

Average dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CLEBI
IBSE
TRY1B
Market Cap
  1. Home
  2. TR
  3. Transportation
Company description

Çelebi Hava Servisi A.S. provides ground handling services and fuel supplies to domestic and foreign airlines, and private cargo companies primarily in Turkey. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • Çelebi Hava Servisi has significant price volatility in the past 3 months.
CLEBI Share Price and Events
7 Day Returns
14.2%
IBSE:CLEBI
-2.4%
Asia Infrastructure
4.7%
TR Market
1 Year Returns
-6.9%
IBSE:CLEBI
-29.4%
Asia Infrastructure
22.1%
TR Market
CLEBI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Çelebi Hava Servisi (CLEBI) 14.2% -25.7% -36% -6.9% 176.7% 100.3%
Asia Infrastructure -2.4% -14.7% -23.7% -29.4% -26.4% -33.8%
TR Market 4.7% -16.3% -11.7% 22.1% 40% 49.2%
1 Year Return vs Industry and Market
  • CLEBI outperformed the Infrastructure industry which returned -29.4% over the past year.
  • CLEBI underperformed the Market in Turkey which returned 22.1% over the past year.
Price Volatility
CLEBI
Industry
5yr Volatility vs Market

Value

 Is Çelebi Hava Servisi 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 Çelebi Hava Servisi 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 Çelebi Hava Servisi.

IBSE:CLEBI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in TRY TRY 5.300000
Payout Ratio Company Filings (2019-12-31) 5971.9%
Discount Rate (Cost of Equity) See below 22.5%
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:CLEBI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year TR Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 10%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.67
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.669 (1 + (1- 22%) (91.12%))
1.394
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.39
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (1.394 * 10%)
22.54%

Discounted Cash Flow Calculation for IBSE:CLEBI using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Çelebi Hava Servisi is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

IBSE:CLEBI Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= TRY5.3 / (22.54% - 8.6%)
TRY38.03
IBSE:CLEBI Discount to Share Price
Calculation Result
Value per share (TRY) From above. TRY38.03
Current discount Discount to share price of TRY62.60
= -1 x (TRY62.60 - TRY38.03) / TRY38.03
-64.6%

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

  • The current share price of Çelebi Hava Servisi 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 Çelebi Hava Servisi's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Çelebi Hava Servisi's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
IBSE:CLEBI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in TRY TRY7.92
IBSE:CLEBI Share Price ** IBSE (2020-04-06) in TRY TRY62.6
Asia Infrastructure Industry PE Ratio Median Figure of 146 Publicly-Listed Infrastructure Companies 9.84x
Turkey Market PE Ratio Median Figure of 279 Publicly-Listed Companies 9.9x

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

** Primary Listing of Çelebi Hava Servisi.

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

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

= 62.6 ÷ 7.92

7.91x

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

  • Çelebi Hava Servisi is good value based on earnings compared to the Asia Infrastructure industry average.
  • Çelebi Hava Servisi is good value based on earnings compared to the Turkey market.
Price based on expected Growth
Does Çelebi Hava Servisi's expected growth come at a high price?
Raw Data
IBSE:CLEBI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.91x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Infrastructure Industry PEG Ratio Median Figure of 49 Publicly-Listed Infrastructure Companies 1.05x
Turkey Market PEG Ratio Median Figure of 56 Publicly-Listed Companies 0.46x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Çelebi Hava Servisi, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Çelebi Hava Servisi's assets?
Raw Data
IBSE:CLEBI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in TRY TRY20.99
IBSE:CLEBI Share Price * IBSE (2020-04-06) in TRY TRY62.6
Asia Infrastructure Industry PB Ratio Median Figure of 160 Publicly-Listed Infrastructure Companies 0.79x
Turkey Market PB Ratio Median Figure of 371 Publicly-Listed Companies 1.36x
IBSE:CLEBI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 62.6 ÷ 20.99

2.98x

* Primary Listing of Çelebi Hava Servisi.

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

  • Çelebi Hava Servisi is overvalued based on assets compared to the Asia Infrastructure industry average.
X
Value checks
We assess Çelebi Hava Servisi'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 Infrastructure 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 Infrastructure industry average (and greater than 0)? (1 check)
  5. Çelebi Hava Servisi has a total score of 2/6, 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 Çelebi Hava Servisi expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Çelebi Hava Servisi has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
11.5%
Expected Infrastructure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Çelebi Hava Servisi expected to grow at an attractive rate?
  • Unable to compare Çelebi Hava Servisi's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Çelebi Hava Servisi's earnings growth to the Turkey market average as no estimate data is available.
  • Unable to compare Çelebi Hava Servisi's revenue growth to the Turkey market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
IBSE:CLEBI Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 11.5%
Asia Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 8.9%
Turkey Market Earnings Growth Rate Market Cap Weighted Average 19.3%
Turkey Market Revenue Growth Rate Market Cap Weighted Average 13.1%

*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:CLEBI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in TRY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
IBSE:CLEBI Future Estimates Data
Date (Data in TRY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
IBSE:CLEBI Past Financials Data
Date (Data in TRY Millions) Revenue Cash Flow Net Income *
2019-12-31 1,878 320 192
2019-09-30 1,610 480 216
2019-06-30 1,542 363 177
2019-03-31 1,422 338 202
2018-12-31 1,483 322 205
2018-09-30 1,231 139 159
2018-06-30 1,050 163 120
2018-03-31 960 183 95
2017-12-31 918 184 85
2017-09-30 861 106 72
2017-06-30 773 78 40
2017-03-31 723 52 22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Çelebi Hava Servisi is high growth as no earnings estimate data is available.
  • Unable to determine if Çelebi Hava Servisi is high growth as no revenue estimate data is available.
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:CLEBI 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 0 Analyst Estimates (S&P Global) See Below

All data from Çelebi Hava Servisi Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IBSE:CLEBI Future Estimates Data
Date (Data in TRY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
IBSE:CLEBI Past Financials Data
Date (Data in TRY Millions) EPS *
2019-12-31 7.92
2019-09-30 8.88
2019-06-30 7.28
2019-03-31 8.33
2018-12-31 8.42
2018-09-30 6.55
2018-06-30 4.95
2018-03-31 3.90
2017-12-31 3.51
2017-09-30 2.97
2017-06-30 1.64
2017-03-31 0.92

*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.
  • Unable to establish if Çelebi Hava Servisi will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Çelebi Hava Servisi is a dividend payer. Have a look at its current yield, dividend levels over time and whether analysts believe the payout ratio will be sustainable moving forward.
  2. Çelebi Hava Servisi's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Transportation companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Çelebi Hava Servisi'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.
Çelebi Hava Servisi has a total score of 0/6, 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 Çelebi Hava Servisi 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 Çelebi Hava Servisi's growth in the last year to its industry (Infrastructure).
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.
  • Çelebi Hava Servisi has delivered over 20% year on year earnings growth in the past 5 years.
  • Çelebi Hava Servisi's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Çelebi Hava Servisi's 1-year earnings growth is negative, it can't be compared to the Asia Infrastructure industry average.
Earnings and Revenue History
Çelebi Hava Servisi'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 Çelebi Hava Servisi Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IBSE:CLEBI 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 1,877.89 192.36 229.56
2019-09-30 1,609.93 215.68 237.05
2019-06-30 1,541.67 177.02 215.48
2019-03-31 1,421.85 202.34 201.04
2018-12-31 1,483.01 204.58 186.75
2018-09-30 1,231.02 159.08 150.33
2018-06-30 1,050.14 120.35 138.69
2018-03-31 959.55 94.70 129.38
2017-12-31 917.79 85.36 125.39
2017-09-30 860.68 72.28 124.08
2017-06-30 772.76 39.87 116.10
2017-03-31 723.41 22.26 109.22
2016-12-31 709.52 26.84 104.95
2016-09-30 714.74 42.21 102.91
2016-06-30 757.16 72.52 102.90
2016-03-31 760.02 83.21 101.00
2015-12-31 732.28 83.06 96.97
2015-09-30 699.68 79.21 95.74
2015-06-30 658.98 62.45 92.21
2015-03-31 644.69 62.70 90.45
2014-12-31 621.45 54.57 87.95
2014-09-30 598.39 41.76 81.53
2014-06-30 561.10 26.52 78.76
2014-03-31 522.87 10.07 78.01
2013-12-31 507.87 3.05 77.54
2013-09-30 501.58 -3.95 76.87
2013-06-30 504.48 -0.69 77.53

*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.
  • Whilst Çelebi Hava Servisi has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Çelebi Hava Servisi used its assets more efficiently than the Asia Infrastructure industry average last year based on Return on Assets.
  • Çelebi Hava Servisi has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Çelebi Hava Servisi'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 Infrastructure 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.
Çelebi Hava Servisi has a total score of 3/6, 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 Çelebi Hava Servisi'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 Çelebi Hava Servisi's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Çelebi Hava Servisi's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Çelebi Hava Servisi's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Çelebi Hava Servisi'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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x 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 Çelebi Hava Servisi Company Filings, last reported 3 months ago.

IBSE:CLEBI Past Debt and Equity Data
Date (Data in TRY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 572.44 802.21 209.13
2019-09-30 514.82 811.60 226.28
2019-06-30 407.11 847.85 118.48
2019-03-31 487.08 823.82 254.30
2018-12-31 353.09 711.52 197.02
2018-09-30 343.56 807.78 256.39
2018-06-30 176.63 514.38 138.82
2018-03-31 188.82 355.78 132.88
2017-12-31 168.86 333.15 113.57
2017-09-30 145.93 366.17 130.01
2017-06-30 89.43 395.24 103.24
2017-03-31 108.01 391.91 126.15
2016-12-31 101.70 322.20 65.48
2016-09-30 99.19 306.83 77.51
2016-06-30 74.95 292.20 37.74
2016-03-31 144.64 303.73 126.65
2015-12-31 144.29 317.95 127.92
2015-09-30 142.10 335.00 112.03
2015-06-30 85.12 346.80 66.24
2015-03-31 119.03 305.45 84.13
2014-12-31 106.45 297.80 79.95
2014-09-30 103.19 342.62 104.84
2014-06-30 64.78 318.90 44.39
2014-03-31 47.88 353.60 79.47
2013-12-31 46.84 317.18 60.31
2013-09-30 51.90 329.69 73.09
2013-06-30 33.04 322.42 52.74
  • Çelebi Hava Servisi's level of debt (140.1%) 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 (279.5% vs 140.1% today).
  • Debt is well covered by operating cash flow (39.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4x coverage).
X
Financial health checks
We assess Çelebi Hava Servisi'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. Çelebi Hava Servisi 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 Çelebi Hava Servisi'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
8.47%
Current annual income from Çelebi Hava Servisi dividends.
If you bought TRY2,000 of Çelebi Hava Servisi shares you are expected to receive TRY169 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?
  • Çelebi Hava Servisi's pays a higher dividend yield than the bottom 25% of dividend payers in Turkey (2.83%).
  • Çelebi Hava Servisi's dividend is above the markets top 25% of dividend payers in Turkey (8.11%).
Upcoming dividend payment

Purchase Çelebi Hava Servisi before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:CLEBI 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 0 Analyst Estimates (S&P Global) See Below
Asia Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 126 Stocks 3.5%
Turkey Market Average Dividend Yield Market Cap Weighted Average of 68 Stocks 7%
Turkey Minimum Threshold Dividend Yield 10th Percentile 1.4%
Turkey Bottom 25% Dividend Yield 25th Percentile 2.8%
Turkey Top 25% Dividend Yield 75th Percentile 8.1%

Industry and Market average data is calculated daily.

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

IBSE:CLEBI Future Dividends Estimate Data
Date (Data in TRY) Dividend per Share (annual) Avg. No. Analysts
IBSE:CLEBI Past Annualized Dividends Data
Date (Data in TRY) Dividend per share (annual) Avg. Yield (%)
2020-03-03 5.300 8.630
2019-03-08 5.300 5.898
2018-08-17 3.150 5.711
2018-03-12 3.150 8.560
2017-08-21 1.250 3.621
2017-03-13 1.250 4.862
2016-03-10 3.400 14.433
2015-11-09 0.000 0.000
2015-08-18 0.000 0.000
2015-05-11 0.000 0.000
2015-03-10 0.000 0.000
2013-11-27 0.000 0.000
2013-11-08 0.000 0.000
2013-09-16 0.000 0.000
2013-08-23 0.000 0.000
2013-05-29 0.000 0.000
2013-05-17 0.000 0.000
2013-05-02 0.000 0.000
2011-04-01 1.536 7.837
2010-03-30 1.094 5.768

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Çelebi Hava Servisi's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Çelebi Hava Servisi'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 Çelebi Hava Servisi afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Çelebi Hava Servisi has a total score of 4/6, 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 Çelebi Hava Servisi'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
Osman Yilmaz
TENURE AS CEO 3.9 years
CEO Bio

Osman Yilmaz has been the Chief Executive Officer at Celebi Hava Servisi AS since May 17, 2016.

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

Average tenure of the Çelebi Hava Servisi management team in years:

5.3
Average Tenure
  • The average tenure for the Çelebi Hava Servisi management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Can Çelebioglu

TITLE
Chairman of the Board
AGE
56

Osman Yilmaz

TITLE
Chief Executive Officer
TENURE
3.9 yrs

Isak Antika

TITLE
Executive Vice Chairman of the Board

Deniz Bal

TITLE
Head of Investor Relations
TENURE
9.3 yrs

Gökçen Dervisoglu

TITLE
Human Resources Director
TENURE
5.3 yrs
Board of Directors Tenure

Average tenure and age of the Çelebi Hava Servisi board of directors in years:

6.9
Average Tenure
59
Average Age
  • The tenure for the Çelebi Hava Servisi board of directors is about average.
Board of Directors

Isak Antika

TITLE
Executive Vice Chairman of the Board

Canan Tokgöz

TITLE
Non-Independent Director
AGE
53
TENURE
37.3 yrs

Can Çelebioglu

TITLE
Chairman of the Board
AGE
56

Turgay Kuttas

TITLE
Non-Independent Director
AGE
62
TENURE
7.9 yrs

Mehmet Çavusoglu

TITLE
Non-Independent Director
TENURE
6.9 yrs

Mehmet Çekin

TITLE
Non-Independent Director
TENURE
6.9 yrs

Ugur Dogan

TITLE
Independent Director
AGE
65
TENURE
2 yrs

Halil Yigitgüden

TITLE
Independent Director
TENURE
1.3 yrs
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 Çelebi Hava Servisi'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. Çelebi Hava Servisi 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

Çelebi Hava Servisi A.S. provides ground handling services and fuel supplies to domestic and foreign airlines, and private cargo companies primarily in Turkey. The company operates through Ground Handling Services, Security Services, and Cargo and Warehouse Services segments. Its ground handling services include representation, traffic, ramp, cargo, flight operations, aircraft maintenance service, etc. The company also provides aviation and other security services; and warehouse and cargo services. The company was founded in 1958 and is based in Istanbul, Turkey. Çelebi Hava Servisi A.S. is a subsidiary of Çelebi Havacilik Holding A.S.

Details
Name: Çelebi Hava Servisi A.S.
CLEBI
Exchange: IBSE
Founded: 1958
TRY1,383,885,000
24,300,000
Website: http://www.celebiyatirimci.com
Address: Çelebi Hava Servisi A.S.
Tayakadin Mahallesi Nuri Demirag Caddesi N 39,
Istanbul,
Turkey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IBSE CLEBI Group C Bearer Shares Borsa Istanbul (BIST) TR TRY 21. Nov 1996
Number of employees
Current staff
Staff numbers
13,475
Çelebi Hava Servisi employees.
Industry
Airport Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 17:52
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2019/03/08
Last earnings filing: 2020/03/03
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.