Risk factor
Considerable default risk
Profitability factor
Very low or no dividends
About
Hareket Proje Tasimaciligi Ve Yuk Muhendisligi Anonim Sirketi provides heavy lifting and transportation services with engineering solutions in Turkey, Europe, Asia, the Middle East, and Africa. It offers load out services, equipment rental, and renewable energy solutions, as well as rigging engineering and transport survey consultancy. The company also provides project planning, route surveys, lift engineering, project management, and installation services. It serves petrochemical, renewable energy, and power industries, as well as offshore projects. The company was founded in 1957 and is headquartered in Istanbul, Turkey.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is neutral on EV/EBITDA.
