Ulker Biskuvi Sanayi AS
IST:ULKER.E
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EV/S
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Valuation Scenarios
If EV/S returns to its 3-Year Average (0.6), the stock would be worth ₺113.55 (7% downside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.7 | ₺122.2 |
0%
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| 3-Year Average | 0.6 | ₺113.55 |
-7%
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| 5-Year Average | 0.6 | ₺113.55 |
-7%
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| Industry Average | 1.3 | ₺240.54 |
+97%
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| Country Average | 2.1 | ₺392.92 |
+222%
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Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
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₺69.2B
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/ |
Jan 2026
₺111.9B
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= |
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₺69.2B
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/ |
Dec 2026
₺145.1B
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= |
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₺69.2B
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/ |
Dec 2027
₺177.6B
|
= |
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₺69.2B
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/ |
Dec 2028
₺212.8B
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= |
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₺69.2B
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/ |
Dec 2029
₺288.6B
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= |
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₺69.2B
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/ |
Dec 2030
₺285.3B
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= |
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₺69.2B
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/ |
Dec 2031
₺332.6B
|
= |
|
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₺69.2B
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/ |
Dec 2032
₺386.1B
|
= |
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Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| TR |
|
Ulker Biskuvi Sanayi AS
IST:ULKER.E
|
45.8B TRY | 0.7 | 9.3 | |
| JP |
G
|
Goyo Foods Industry Co Ltd
TSE:2230
|
53.2T JPY | 23 896.4 | 540 752.8 | |
| CH |
|
Nestle SA
SIX:NESN
|
207B CHF | 2.8 | 23 | |
| US |
|
Mondelez International Inc
NASDAQ:MDLZ
|
73.6B USD | 2.4 | 30.4 | |
| FR |
|
Danone SA
PAR:BN
|
43.1B EUR | 1.8 | 23.8 | |
| ZA |
T
|
Tiger Brands Ltd
JSE:TBS
|
48.6B ZAR | 1.3 | 12.7 | |
| US |
|
Hershey Co
NYSE:HSY
|
37.8B USD | 3.6 | 43.1 | |
| CN |
|
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
|
232.8B CNY | 6.9 | 33.1 | |
| CN |
|
Muyuan Foods Co Ltd
SZSE:002714
|
230.9B CNY | 2 | 23.6 | |
| ZA |
A
|
Avi Ltd
JSE:AVI
|
33.1B ZAR | 2 | 12.8 | |
| CH |
|
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
|
23.2B CHF | 4.1 | 31.7 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.2 |
| Median | 2.1 |
| 70th Percentile | 4.4 |
| Max | 2 746.9 |
Other Multiples
Ulker Biskuvi Sanayi AS
Glance View
In the bustling city of Istanbul, Ulker Biskuvi Sanayi AS has carved out a delicious legacy, emerging as a symbol of Turkey's rich confectionery tradition. Founded in 1944, the company started with humble beginnings, crafting biscuits from a modest factory. Over the decades, it has grown into a diverse purveyor of snacks, biscuits, chocolates, and confectionery items. With a keen focus on quality and taste, Ulker has captivated the palates of millions, leveraging nostalgic flavors and innovative recipes that echo its roots while embracing modern trends. Its strong brand identity is bolstered by continual investments in state-of-the-art production facilities and an agile supply chain that efficiently caters to a global market. Ulker's business model thrives on its ability to balance traditional craftsmanship with mass production efficiencies, ensuring affordability without compromising on quality. One of its core strengths lies in its diverse distribution network, which extends from local shops in Turkey to international markets, driving substantial revenue growth. By expanding its product lineup and adapting to regional tastes, Ulker has successfully captured significant market share across the Middle East, Europe, and beyond. Moreover, as part of the larger Yildiz Holding, the company capitalizes on synergies and economies of scale, enhancing its competitive edge in a global landscape where consumer preferences are constantly evolving. In this sweet symphony of operations, Ulker remains a cherished staple in households, intertwining business acumen with the simple joy of a well-baked biscuit.