Tek Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS

The company's capital structure is characterized by a low debt-to-equity ratio of 0.09, indicating a relatively conservative leverage position. However, the liquidity position is weak, as evidenced by a current ratio of 0.29, suggesting that the company may struggle to meet its short-term obligations with its current assets. The negative operating and free cash flows of -4,443,860 TRY and -74,281,720 TRY, respectively, further highlight the company's liquidity challenges.

Profitability metrics are severely negative, with a return on equity of -1.99% and a return on assets of -1.51%. These figures indicate that the company is not generating returns for its shareholders or effectively utilizing its assets to generate profit. The operating income of -34,374,630 TRY and net income of -81,507,890 TRY underscore the company's financial distress.

The company's revenue is concentrated in a single segment, as disclosed in its financial statements, with no significant geographic diversification reported. This concentration increases the company's exposure to sector-specific risks and limits its ability to mitigate revenue volatility through geographic diversification.

The company's growth trajectory is negative, with a significant decline in operating and net income. The recent financial performance, including a net income of -81,507,890 TRY, indicates a deteriorating financial position. The company's revenue of 1,525,400 TRY is insufficient to cover its operating expenses, leading to a substantial net loss.

The company faces several risk factors, including liquidity constraints and the potential for dilution. The risk assessment indicates a medium liquidity risk and a low dilution risk. The negative free cash flow and high operating expenses contribute to the liquidity risk, while the low dilution risk suggests that the company is not currently issuing a significant number of new shares.

Recent events, including the company's financial filings, indicate a challenging operating environment. The company's negative operating and net cash flows, along with its high operating expenses, suggest that it is struggling to maintain profitability. The company's financial statements also reveal a significant decline in its operating income, which is a critical indicator of its financial health.

The company achieved a 40.2% revenue CAGR over four years, indicating strong historical top-line growth momentum.

Debt-to-equity ratio of 0.09 is above the cohort median of 0.29, suggesting a relatively conservative leverage position.

Free cash flow improved by 132.4% year-over-year, demonstrating a significant recent recovery in cash generation capabilities.

Dilution risk is assessed as low, providing some protection for existing shareholders against equity value erosion.

Net margin of -53.4% places the company in the bottom quartile of the construction and engineering cohort.

Operating margin of -22.5% ranks in the bottom quartile, signaling severe inefficiencies in core business operations.

The company faces high credit risk, which may increase borrowing costs and limit financial flexibility for future operations.

Cash conversion of 0.05 is below the cohort median of 0.63, highlighting weak ability to turn earnings into cash.

Revenue TRY 123.2M, +1,9% YoY; Operating income +34,5% YoY.

• ▍Revenue TRY 123.2M, +1,9% YoY
• ▍Operating income +34,5% YoY
• ▍Net income −31,6% YoY
• ▍Free cash flow −37,6% YoY
• ▍Net margin -549.4%

Revenue TRY 120.9M, +39,8% YoY; Operating income −307,7% YoY.

• ▍Revenue TRY 120.9M, +39,8% YoY
• ▍Operating income −307,7% YoY
• ▍Net income −771,8% YoY
• ▍Free cash flow −85 669,1% YoY
• ▍Net margin -425.2%

Revenue TRY 86.5M, −0,8% YoY; Operating income +83,9% YoY.

• ▍Revenue TRY 86.5M, −0,8% YoY
• ▍Operating income +83,9% YoY
• ▍Net income −60,0% YoY
• ▍Free cash flow −99,7% YoY
• ▍Net margin 88.5%

Revenue TRY 22.6M; Operating income -TRY 27.9M.

• ▍Revenue TRY 22.6M
• ▍Operating income -TRY 27.9M
• ▍Net margin -421.8%