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Turcas Petrol AS
IST:TRCAS.E

Watchlist Manager
Turcas Petrol AS
IST:TRCAS.E
Watchlist
Price: 46.2 TRY 1.32% Market Closed
Market Cap: ₺11.8B

P/B

0.8
Current
4%
More Expensive
vs 3-y average of 0.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.8
=
Market Cap
₺10.5B
/
Total Equity
₺14.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.8
=
Market Cap
₺10.5B
/
Total Equity
₺14.2B

Valuation Scenarios

Turcas Petrol AS is trading above its 3-year average

If P/B returns to its 3-Year Average (0.8), the stock would be worth ₺44.61 (3% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-3%
Maximum Upside
+84%
Average Upside
57%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.8 ₺46.2
0%
3-Year Average 0.8 ₺44.61
-3%
5-Year Average 1.5 ₺80.51
+74%
Industry Average 1.5 ₺80.58
+74%
Country Average 1.5 ₺84.87
+84%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
TR
Turcas Petrol AS
IST:TRCAS.E
11.8B TRY 0.8 19.2
JP
Fuji Oil Co Ltd
F:ACK
77.2T EUR 223 801.7 -1 805 607.9
IN
Reliance Industries Ltd
NSE:RELIANCE
18.5T INR 2.2 22.8
US
Valero Energy Corp
NYSE:VLO
71.2B USD 3 30.8
US
Marathon Petroleum Corp
NYSE:MPC
67B USD 4 16.9
US
Phillips 66
NYSE:PSX
65.8B USD 2.3 15.2
PL
Orlen SA
PSE:PKN
846.6B CZK 1 13.1
PL
Polski Koncern Naftowy Orlen SA
WSE:PKN
149B PLN 1 13.4
FI
Neste Oyj
OMXH:NESTE
20.6B EUR 2.9 145.8
JP
ENEOS Holdings Inc
TSE:5020
3.5T JPY 1.1 18.9
IN
Indian Oil Corporation Ltd
NSE:IOC
2T INR 1 5.6
P/E Multiple
Earnings Growth PEG
TR
T
Turcas Petrol AS
IST:TRCAS.E
Average P/E: 30.2
19.2
N/A N/A
JP
Fuji Oil Co Ltd
F:ACK
Negative Multiple: -1 805 607.9 N/A N/A
IN
Reliance Industries Ltd
NSE:RELIANCE
22.8
14%
1.6
US
Valero Energy Corp
NYSE:VLO
30.8
28%
1.1
US
Marathon Petroleum Corp
NYSE:MPC
16.9
6%
2.8
US
Phillips 66
NYSE:PSX
15.2
6%
2.5
PL
O
Orlen SA
PSE:PKN
13.1
8%
1.6
PL
Polski Koncern Naftowy Orlen SA
WSE:PKN
13.4
8%
1.7
FI
Neste Oyj
OMXH:NESTE
145.8
118%
1.2
JP
ENEOS Holdings Inc
TSE:5020
18.9
17%
1.1
IN
Indian Oil Corporation Ltd
NSE:IOC
5.6
29%
0.2

Market Distribution

Lower than 80% of companies in Turkey
Percentile
20th
Based on 382 companies
20th percentile
0.8
Low
0.2 — 1.1
Typical Range
1.1 — 3.1
High
3.1 —
Distribution Statistics
Turkey
Min 0.2
30th Percentile 1.1
Median 1.5
70th Percentile 3.1
Max 4 866.1

Turcas Petrol AS
Glance View

Market Cap
11.8B TRY
Industry
Energy

Turcas Petrol AS is an investment holding company, which engages in the fuel distribution, oil refining, power generation and trading, and import and wholesale of natural gas in the liberalizing energy markets. Its joint venture, Shell and Turcas Petrol, is engaged in retail and commercial sales, marketing and distribution of fuel products and lubricants. Its joint venture, RWE and Turcas South Power Generation, operates a natural gas fired combined cycle power plant in the city of Denizli, Turkey. The firm also develops geothermal, solar and wind power projects and invests in a geothermal power plant site at Aydin district, Turkey under the name of Turcas Kuyucak Geothermal Power Generation. Its segments are: Oil, which includes lubricants, engine oil and fuel products; Electricity, which consists of the production, wholesale and distribution of electricity products, and Natural Gas, which consists of wholesale business of natural gas. Its subsidiaries include: Turcas Enerji Holding AS, Turcas Elektrik Uretim AS, Turcas Elektrik Toptan Satis AS and Turcas Yenilenebilir Enerji Uretim AS.

TRCAS.E Intrinsic Value
27.4 TRY
Overvaluation 41%
Intrinsic Value
Price ₺46.2
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