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Why NYSE:TKC qualifies as a high growth stock.

By Mill Chart

Last update: Feb 20, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if TURKCELL ILETISIM HIZMET-ADR (NYSE:TKC) is suited for growth investing. Investors should of course do their own research, but we spotted TURKCELL ILETISIM HIZMET-ADR showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Why NYSE:TKC may be interesting for canslim investors.

  • The EPS of TURKCELL ILETISIM HIZMET-ADR has exhibited growth from one quarter to another (Q2Q), with a 70.35% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
  • TURKCELL ILETISIM HIZMET-ADR has achieved 73.53% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
  • The EPS of TURKCELL ILETISIM HIZMET-ADR has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
  • The Return on Equity (ROE) of TURKCELL ILETISIM HIZMET-ADR stands at 38.29%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
  • The Relative Strength (RS) of TURKCELL ILETISIM HIZMET-ADR has consistently been strong, with a current 77.58 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. TURKCELL ILETISIM HIZMET-ADR demonstrates promising potential for sustained price momentum.
  • TURKCELL ILETISIM HIZMET-ADR maintains a healthy Debt-to-Equity ratio of 1.78. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • TURKCELL ILETISIM HIZMET-ADR demonstrates a balanced ownership structure, with institutional shareholders at 3.34%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Deciphering the Technical Picture of NYSE:TKC

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Overall TKC gets a technical rating of 7 out of 10. Although TKC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
  • TKC is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 76% of 22 stocks in the same industry.
  • TKC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TKC is lagging the market slightly.
  • When comparing the yearly performance of all stocks, we notice that TKC is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
  • In the last month TKC has a been trading in the 5.15 - 5.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of TKC contains the most current technical analsysis.

What else is there to say on the fundamentals of NYSE:TKC?

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to TKC. TKC was compared to 22 industry peers in the Wireless Telecommunication Services industry. While TKC has a great profitability rating, there are some minor concerns on its financial health. TKC is growing strongly while it also seems undervalued. This is an interesting combination These ratings would make TKC suitable for value and growth investing!

For an up to date full fundamental analysis you can check the fundamental report of TKC

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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TURKCELL ILETISIM HIZMET-ADR

NYSE:TKC (4/19/2024, 7:19:47 PM)

After market: 5.64 -0.1 (-1.74%)

5.74

+0.1 (+1.77%)

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