6-month results continue to come in the stock market. 260 companies announced balance sheets. The total profit of these companies, which was 72 billion TL in the six-month period of 2021, increased to 240 billion TL in the six-month period of this year.
502 companies are traded on the stock exchange. As of August 12, there are 260 publicly traded companies whose first 6-month balance sheets have been announced. While the total profit of these companies was 72 billion TL in the six-month period of 2021, it increased to 240 billion TL in the six-month period of 2022. There are 10 listed companies that stand out in 6 growth and 3 profit margin criteria. It is observed that the profit margins of the 10 companies that have grown over 100 percent are also high.
rapid growth effect
We ranked the balance sheets of the 260 companies announced according to six growth criteria: active growth, operating profit growth, EBITDA growth, net profit growth, net sales growth and equity growth. According to the aforementioned criteria, 21 companies stood out in growth. We also ranked these companies according to those that performed above 20 percent in the Main Operating Profit Margin, Net Profit Margin, and EBITDA Margin criteria. In such a ranking, 10 companies were listed in growth and profit margin. The companies in the list are as follows according to their market value: Sasa Polyester, Şişe Cam, Borusan Investment and Marketing, Çemtaş, Alkim Kağıt, Kiler GMYO, Intema, Vakıf Leasing, Mia Teknoloji, Özderici GMYO.
over 10 billion
Among the 10 companies that stand out in terms of growth and profit margin, there are three companies with a market value of more than TL 10 billion. These companies are: Sasa Polyester, Şişe Cam and Borusan Yatirim ve Pazarlama. The market value of Sasa is 117.8 billion TL. The company’s core operating profit margin is 23.9 percent; net profit margin is 35.7 percent and EBITDA margin is 22.52 percent. The company’s growth rates are over 150 percent.
Keep going stronger
In Sasa, Şişecam and Borusan Investment and Marketing, the main operating profit margin growth is over 250 percent. The median growth in the core operating profitability of companies is important for the continuation of growth and profitability. Stable growth can only be achieved when companies turn to their core activities. Companies that manage to maintain their core operating profit margins in times of crisis continue to grow stronger. In an environment where the policy rate is 14 percent, companies operating with a profit margin of more than 20 percent provide an advantage for investors. However, it should not be overlooked that a profit margin below inflation will not indicate a real growth.
Weak outlook continues in ‘Euro’
Europe’s energy crisis shows that there will be a difficult period in the winter months. In this process, the euro may continue to be weak compared to the dollar rate. Because the tension between Russia and Ukraine will continue to keep the energy problem in Europe on the agenda. The Euro zone is Turkey’s largest export market. The crisis to be experienced in this region will also affect Turkey. However, it is clear that the pressure on the euro will continue. On the other hand, international credit rating agency Moody’s announced that it has downgraded Turkey’s credit rating from “B2” to “B3” and changed its rating outlook from negative to stable.
The stock market is not slowing down
While the average value increase in stocks in one week in the stock market was 4.14 percent, the BIST 100 Index has increased by 54 percent since the beginning of the year. Interest in stocks continues. In dollar terms, the index is at 159.4. What brings the rise in the stock market is the strong growth in index shares. With the effect of inflation, there was an increase in the turnover and profitability of the companies.
Service industry pioneer
In the rise in the stock market, the shares of the service sector, which is the sector most affected during the pandemic process, are leading. The services sector index finished the week by gaining 6.39 percent. While the increase in the sports sector, which is among the sub-branches of the sector, was 18.74 percent, the weekly value increase in the trade sector was 11.48 percent. Turkish Airlines, which has been in the service sector since the beginning of the year, increased by 211 percent, while Aksa Energy and Odaş from the energy sector gained 202 percent and 201 percent.
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