• Economy,  Stock Analysis,  Various

    Şişecam 2023/q4

    Türkiye Şişe ve Cam Fabrikaları A.Ş. was founded in 1935 by İş Bank and currently consists of a holding company with 56 subsidiaries, 1 joint venture (Rudnik Krecnjaka Vijenac D.O.O.), 3 associates (Saint Gobain Glass Egypt S.A.E, ICRON Teknoloji Bilişim Anonim Şirketi and Solvay Sisecam Holding AG) and 2 joint activities (Pacific Soda LLC and Stockton Soda Ash Port LLC). Şişecam is among the world’s most prestigious manufacturers and with its 89 years of corporate history, it has a considerable experience and high degree of specialisation. As a global company Şişecam has production activities spanning 14 countries on 4 continents, and sales in more than 150 countries. Following the merger,…

  • Economy,  Research,  Stock Analysis

    Şişecam 2023/q3

    Türkiye Şişe ve Cam Fabrikaları A.Ş. was founded in 1935 by İş Bank and currently consists of a holding company with 57 subsidiaries, 1 joint venture (Rudnik Krecnjaka Vijenac D.O.O.), 2 associates (Saint Gobain Glass Egypt S.A.E and Solvay Sisecam Holding AG) and 2 joint activities (Pacific Soda LLC and Stockton Soda Ash Port LLC). Şişecam is among the world’s most prestigious manufacturers and with its 88 years of corporate history, it has a considerable experience and high degree of specialisation. As a global company Şişecam has production activities spanning 14 countries on 4 continents, and sales in more than 150 countries. Following the merger, which was completed as of…

  • Economy,  Stock Analysis

    Arçelik Stock Buyback

    (Please click to read the Thread in Turkish)Arçelik A.S. is a Turkey-based multinational manufacturer of home appliances, including white goods like refrigerators, washing machines, and ovens as well as electronics. Arçelik was founded in 1955 and currently with its 12 different brands, 30 production facilities and 45.000 employees worldwide it is a leading company in Turkey and Europe. With its 82 subsidiaries in 53 countries and 29 R&D and design centers and offices Arçelik is a global actor in its sector. As a part of valuation studies, I have previously updated Prof. Aswath Damodaran’s work and shared my notes in Turkish at this post. And since then I have investments…

  • Stock Analysis

    Carl Zeiss 2023/q1

    Carl Zeiss Meditec AG is one of the world’s leading medical technology companies, and it offers products and workflow solutions for the diagnosis and treatment of eye diseases. By providing innovations, equipment and network, the company not only enhance the workflows and doctors’ capabilities, but also improves the patients’ quality of life. Carl Zeiss is an international company headquartered in Jena, Germany, and it has additional subsidiaries around the globe. It is listed in the MDAX and TecDAX on the German Stock Exchange. The company as we know today, was created from a merger of the ZEISS Ophthalmology division with a medical lasers specialist Asclepion-Meditec AG, in 2002. But this…

  • Economy,  Stock Analysis

    ŞİŞECAM Valuation 2023/q1

    Thread in TurkishTürkiye Şişe ve Cam Fabrikaları A.Ş. was founded in 1936 by İş Bank and currently consists of a holding company with 57 subsidiaries, 1 joint venture 2 associates and 1 joint activity. Şişecam is among the world’s most prestigious manufacturers and with its 87 years of corporate history, it has a considerable experience and high degree of specialisation. As a global company Şişecam has production activities spanning 14 countries on four continents, and sales in more than 150 countries. Following the merger, which was completed as of 01 October 2020, Şişecam aims to become one of the top three global producers in all its core business lines. As…