TKC Stock Overview

Turkcell has successfully increased its average revenue per user (ARPU) beyond the inflation rate and holds more than 40% of the market share, even with tough competition and economic challenges in Turkey. The company has been working on broadening its services, such as mobile payments, consumer financing, and digital TV, which now account for almost 20% of its revenue. While management is still investing in the business, particularly in fiber infrastructure, high capital expenditures do restrict the returns for shareholders.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 12:00 PM ET. The call will feature company representatives including Ozlem Yardim, the Investor Relations & Corporate Finance Director, Ali Taha Koc, the CEO, and Kamil Kalyon, the CFO. Participants from various financial institutions, such as Barclays and HSBC, will also be joining the call.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) will hold its Q2 2024 Earnings Conference Call on September 12, 2024, at 1:00 PM ET. The call will feature company representatives including Ozlem Yardim, the Investor Relations and Corporate Finance Director, and CEO Ali Taha Koc. Participants from various financial institutions will also join the call.

Turkcell's earnings are predicted to increase both compared to the previous quarter and the same time last year, keeping the company on track with its forecasts. However, external factors are still challenging for the business, and after a recent rise in stock price, I think it is now overpriced. Therefore, I am lowering my rating to sell with a price target of $7.00.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC ) Q1 2024 Earnings Conference Call May 27, 2024 1:00 PM ET Company Participants Ozlem Yardim - Investor Relations and Corporate Finance Director Ali Taha Koc - Chief Executive Officer Kamil Kalyon - Chief Financial Officer Conference Call Participants Tiron Cesar - Bank of America Ignebekçili Murat - HSBC Demirtas Cemal - Ata Invest Mandaci Ece - UNLU Securities Operator Ladies and gentlemen, thank you for standing by.

Turkcell is a top telecommunications provider in Turkey. Since I upgraded it to a buy rating in November, its stock has done well, increasing by around 25% due to its successful management of hyperinflation. If Turkcell keeps adjusting its prices faster than inflation, its profits and margins are likely to grow, leading to further share price appreciation.

Turkcell has successfully managed its business in the face of high and persistent inflation in Turkey. The company's Q3/2023 financial results showed revenue growth exceeding inflation, leading to margin expansion and a surge in earnings. Turkcell's valuation appears cheap compared to the Communications Sector, but macro risks in the Turkish economy remain.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC ) Q3 2023 Results Conference Call November 7, 2023 12:00 PM ET Company Participants Ozlem Yardim - IR Ali Taha Koc - CEO Kamil Kalyon - CFO Conference Call Participants Kayahan Demirak - AK Investment Nagy Nora - Erste Group Bank AG Murat Ignebekçili - HSBC Operator Ladies and gentlemen, thank you for standing by.

Turkcell Iletisim Hizmetleri A.S. is a wireless communications provider from Turkey that has been impacted by runaway inflation and a weakening Turkish Lira. Despite inflation, Turkcell has continued to grow and outpace the competition, with revenue beating earnings estimates and outpacing inflation in Q1 2023.