Risk factor
Considerable default risk
Profitability factor
Greatly overvalued vs peers
About
Hareket Proje Tasimaciligi Ve Yuk Muhendisligi Anonim Sirketi delivers specialized heavy lifting and transportation services, augmented by comprehensive engineering solutions, across a vast geographical area encompassing Turkey, Europe, Asia, the Middle East, and Africa. The company's service portfolio includes critical load-out operations, equipment rental, and bespoke renewable energy solutions. Furthermore, it provides expert rigging engineering, transport survey consultancy, meticulous project planning, thorough route surveys, precise lift engineering, dedicated project management, and efficient installation services. Catering to diverse sectors, Hareket supports the petrochemical, renewable energy, and power industries, alongside various offshore projects. The firm, established in 1957, maintains its headquarters in Istanbul, Turkey.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA.