Usak Seramik Sanayi AS

Usak Seramik Sanayi AS has a debt-to-equity ratio of 0.46, indicating a relatively conservative capital structure. However, the company's liquidity position is rated as medium, and its current ratio of 1.1 suggests limited short-term liquidity cushion. The negative net cash position after subtracting total debt raises concerns about its ability to meet short-term obligations without external financing.

Profitability metrics are weak, with a return on equity of -4.95% and a return on assets of -2.48%. These figures are below the industry median for both metrics, indicating underperformance relative to peers. The company reported a net loss of 132.1 million TRY and an operating loss of 42.7 million TRY, reflecting significant operational challenges.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic downturns and regulatory shifts. The absence of segment or geographic breakdown in the financial data limits the ability to assess risk distribution.

Growth prospects are constrained, with the company reporting a net loss in the latest period. Analyst estimates suggest a revenue of 315.5 million TRY, but this is not indicative of growth. The company's capital expenditures were 24.3 million TRY, but with negative free cash flow of 153.5 million TRY, it is unclear how these investments are being funded.

The risk assessment highlights liquidity concerns, with a medium risk rating. The company's negative net cash position and operating cash flow deficit of 289.2 million TRY indicate a need for external financing. Dilution risk is rated as low, but the company's negative net income and operating cash flow suggest potential pressure to raise capital through equity or debt issuance.

Recent financial filings show a deteriorating financial position, with a net loss and negative operating cash flow. The company's financial health is further compromised by a negative return on equity and assets. These factors suggest a need for operational restructuring or external financing to stabilize the business.

Revenue grew 16.7% year-over-year to 3.8 billion TRY, demonstrating top-line expansion momentum in the latest fiscal period.

Net income improved by 32.8% year-over-year, indicating a significant recovery in profitability compared to the prior period.

Cash conversion ratio of 2.19 exceeds the cohort median of 1.01, suggesting superior efficiency in generating cash from operations.

Debt-to-equity ratio of 0.46 is below the cohort median of 0.29, indicating a relatively conservative leverage position among peers.

Free cash flow surged 169.6% year-over-year, highlighting a substantial improvement in cash generation capabilities during the period.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations or servicing existing debt levels.

Net margin of -14% places the firm in the bottom quartile of its cohort, reflecting severe profitability challenges relative to peers.

Return on equity of -4.95% ranks in the bottom quartile, indicating poor capital efficiency and value destruction for shareholders.

Medium liquidity risk flags potential constraints in meeting short-term financial obligations, posing a threat to operational stability.

Revenue TRY 1.37B, +6,2% YoY; Operating income +49,6% YoY.

• ▍Revenue TRY 1.37B, +6,2% YoY
• ▍Operating income +49,6% YoY
• ▍Net income −35,6% YoY
• ▍Free cash flow −529,9% YoY
• ▍Net margin 13.0%

Revenue TRY 1.25B, +20,6% YoY; Operating income −126,2% YoY.

• ▍Revenue TRY 1.25B, +20,6% YoY
• ▍Operating income −126,2% YoY
• ▍Net income −243,2% YoY
• ▍Free cash flow −111,2% YoY
• ▍Net margin -26.3%

Revenue TRY 1.16B, +41,3% YoY; Operating income +91,7% YoY.

• ▍Revenue TRY 1.16B, +41,3% YoY
• ▍Operating income +91,7% YoY
• ▍Net income +537,6% YoY
• ▍Free cash flow +503,2% YoY
• ▍Net margin 37.1%

Revenue TRY 779.4M, −17,4% YoY; Operating income +469,3% YoY.

• ▍Revenue TRY 779.4M, −17,4% YoY
• ▍Operating income +469,3% YoY
• ▍Net income −40,5% YoY
• ▍Free cash flow −22,7% YoY
• ▍Net margin -23.8%

Revenue TRY 1.29B; Operating income TRY 79.1M.

• ▍Revenue TRY 1.29B
• ▍Operating income TRY 79.1M
• ▍Net margin 21.4%

Revenue TRY 1.04B; Operating income TRY 131.5M.

• ▍Revenue TRY 1.04B
• ▍Operating income TRY 131.5M
• ▍Net margin -9.3%

Revenue TRY 822.9M; Operating income TRY 149.1M.

• ▍Revenue TRY 822.9M
• ▍Operating income TRY 149.1M
• ▍Net margin -12.0%

Revenue TRY 4.76B, +11,0% YoY; Operating income +29,2% YoY.

• ▍Revenue TRY 4.76B, +11,0% YoY
• ▍Operating income +29,2% YoY
• ▍Net income +69,2% YoY
• ▍Free cash flow −1 532,8% YoY
• ▍Net margin -0.5%

Revenue TRY 4.29B, +13,1% YoY; Operating income +2,9% YoY.

• ▍Revenue TRY 4.29B, +13,1% YoY
• ▍Operating income +2,9% YoY
• ▍Net income −131,1% YoY
• ▍Free cash flow −132,7% YoY
• ▍Net margin -1.8%