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Turkiye Halk Bankasi AS HALKB

Morningstar Rating
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HALKB is trading at a 25% discount.
Price
TRY 14.70
Fair Value
TRY 37.42
Uncertainty
Very High
1-Star Price
TRY 46.33
5-Star Price
TRY 4.48
Economic Moat
Zfn
Capital Allocation
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Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
6.85
Price/Sales
1.89
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Turkiye Halk Bankasi AS is a bank operating in Turkey. The bank's controlling shareholder is the Privatization Administration of Turkey, a government agency. Halkbank's strategic focus since its founding is customer service and small to midsize enterprise banking, with a significant portion of its total loan portfolio dedicated to this segment. Halkbank specifically offers loans and products tailored for SMEs. Net interest income constitutes a majority of the bank's net revenue, of which its SME segment is the majority contributor. A significant portion of its nonperforming loans come from the manufacturing industry.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Mid Value
Total Number of Employees
22,240

Comparables

Valuation

Metric
HALKB
TSKB
SKBNK
Price/Earnings (Normalized)
6.854.122.68
Price/Book Value
0.831.340.77
Price/Sales
1.892.050.89
Price/Cash Flow
1.102.53
Price/Earnings
HALKB
TSKB
SKBNK

Financial Strength

Metric
HALKB
TSKB
SKBNK
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
HALKB
TSKB
SKBNK
Return on Assets (Normalized)
0.60%4.90%4.13%
Return on Equity (Normalized)
9.74%42.76%39.08%
Return on Invested Capital (Normalized)
Return on Assets
HALKB
TSKB
SKBNK
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Banks - Regional Industry Comparables

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Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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USB
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PNC
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ITUB
Itau Unibanco Holding SA ADRTczdjyjXhym$56.9 Bil
TFC
Truist Financial CorpYrclxrwjPygwnr$51.9 Bil
MFG
Mizuho Financial Group Inc ADRDxrvwsyjhVmj$49.9 Bil
LYG
Lloyds Banking Group PLC ADRTqxpjktbzDmyqv$40.1 Bil
DB
Deutsche Bank AGBygJpfh$32.8 Bil
NWG
NatWest Group PLC ADRWpvNfdk$31.1 Bil

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