Risk factor
Considerable default risk
Profitability factor
Excellent dividends
About
Operating primarily in Turkey, Çelebi Hava Servisi A.S. delivers a full spectrum of aviation support services, encompassing ground handling, freight management, and warehousing. The company serves both domestic and international airlines, along with private air cargo businesses. Its ground handling offerings are extensive, covering aspects like airline representation, traffic control, ramp operations, cargo logistics, flight operational assistance, and crucial aircraft maintenance. Furthermore, Çelebi Hava Servisi A.S. provides aircraft refueling services. The company was founded in 1958, has its headquarters in Istanbul, Turkey, and functions as a division of Celebi Havacilik Holding A.S.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITDA