Kardemir Karabük Demir Çelik Sanayi Ve Ticaret A.S. (KRDMD) Stock Price, Fundamentals & Analysis

What KRDMD does

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret A.S. (KRDMD) manufactures and sells iron and steel, coke, and coke-by products in Turkey. The company also engages in steel structure manufacturing and assembly; casting and machining; energy business; and intra-city and intercity freight transportation activities. Kardemir Karabük Demir Çelik Sanayi Ve Ticaret A.S. was incorporated in 1995 and is headquartered in Karabük, Turkey. It trades on the Borsa Istanbul and is part of the BIST 100. In the Turkish steel space, peers include Tekfen Holding Anonim Sirketi (TKFEN), Eregli Demir ve Çelik Fabrikalari T.A.S. (EREGL), and Petkim Petrokimya Holding Anonim Sirketi (PETKM).

Key numbers explained

• 46.96 TRY is the latest price for one share of Kardemir Karabük Demir Çelik Sanayi Ve Ticaret A.S. on the Borsa Istanbul.
• The trailing P/E ratio of 11.5 divides the current share price by the last twelve months of earnings per share (4.09 TRY); a lower P/E can suggest the stock is priced more conservatively relative to recent earnings.
• The forward P/E ratio of 333 is based on expected future earnings and can appear elevated when the market prices in a significant turnaround or recovery.
• Dividend yield is 0%, and the ex-dividend date was Nov 28, 2023; the company paid out 0% of earnings as dividends over the trailing twelve months.
• Beta of 0.47 suggests the stock has historically moved less than the overall market, often interpreted as lower volatility.
• The 52-week range of 23.5 – 48.44 TRY shows the lowest and highest traded prices in the past year; the current price sits closer to the high end of that range.
• Market capitalisation of 53.53 mld. TRY reflects the total value of all outstanding shares at the current price.
• Revenue, trailing twelve months, is 64.57 mld. TRY, with a year-over-year growth of 7.7%; profit margin is 7.2% and operating margin is 6.9%.

What to watch

• Steel demand is tied to construction, infrastructure, and manufacturing cycles, which can drive revenue and margin swings.
• Input costs for iron ore, coking coal, and energy can compress margins if they rise faster than steel prices.
• Currency movements of the Turkish lira affect the TRY-denominated results of companies with international exposure or imported inputs.
• Regulatory and environmental policies in Turkey can influence production costs and operating conditions for steel producers.
• Broad market sentiment on the Borsa Istanbul and sector rotation into or out of Basic Materials can impact the stock’s valuation multiples.