HomeVESTL • IST
Vestel Elektronik Sanayi ve Ticaret AS
₺83.50
Apr 30, 6:19:01 PM GMT+3 · TRY · IST · Disclaimer
StockTR listed securityTR headquartered
Previous close
₺86.00
Day range
₺83.35 - ₺87.25
Year range
₺37.26 - ₺98.70
Market cap
28.01B TRY
Avg Volume
13.59M
P/E ratio
19.32
Dividend yield
-
Primary exchange
IST
CDP Climate Change Score
B
Market news
Financials
Income Statement
Revenue
Net income
(TRY)Dec 2023Y/Y change
Revenue
50.41B-30.00%
Operating expense
9.40B-19.30%
Net income
980.22M191.58%
Net profit margin
1.94230.20%
Earnings per share
EBITDA
405.18M156.93%
Effective tax rate
60.80%
Total assets
Total liabilities
(TRY)Dec 2023Y/Y change
Cash and short-term investments
2.29B-10.29%
Total assets
125.18B11.67%
Total liabilities
84.32B2.99%
Total equity
40.86B
Shares outstanding
335.46M
Price to book
0.80
Return on assets
-4.53%
Return on capital
-8.49%
Net change in cash
(TRY)Dec 2023Y/Y change
Net income
980.22M191.58%
Cash from operations
3.00B213.48%
Cash from investing
-1.98B49.77%
Cash from financing
-227.94M-103.64%
Net change in cash
-213.73M91.54%
Free cash flow
834.27M112.08%
About
Vestel is a Turkish home and professional appliances manufacturing company consisting of 18 companies specialised in electronics, major appliances and information technology. Vestel's headquarters and production plant are located in Manisa, while the company's parent conglomerate is the Istanbul based Zorlu Holding. Vestel, together with its subsidiary brands has a significant share in the European market of consumer electronics and home appliances, in particular TV sets. As of 2006, Vestel was the largest TV producer in Europe with more than 8 million units sold, accounting for a quarter of the European market. Vestel also has a subsidiary brand Vestfrost, used for white goods, and Luxor, used for televisions, sold in the Nordic countries. In 2014, Vestel entered the smartphone market. Most TVs produced by Vestel are sold under licensed brand names such as Toshiba, Hitachi, Polaroid, JVC, Bush, Alba and many own brand labels. In 2021, Vestel Customer Services received two awards from the 4th CX Awards Turkey and one award from the Istanbul Marketing Awards. Wikipedia
Founded
1984
Employees
19,304
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