Risk factor
High price volatility
Profitability factor
Favourable analyst view
About
Headquartered in Istanbul, Turkey, and established in 2010, Odas Elektrik Üretim Sanayi Ticaret A.S. (Odas Electric) is a diversified enterprise with significant interests in energy generation and natural resource management. The company's primary focus involves producing and distributing electricity throughout Turkey and in international markets. Its robust power infrastructure includes a 140 MW natural gas combined cycle plant, a 0.25 MW solar energy facility, an 8.2 MW hydroelectric plant, and a substantial 340 MW thermal power plant. Beyond electricity production, Odas Electric is also a key player in the natural gas supply chain. It engages in the production, import, and wholesale distribution of natural gas, liquefied natural gas (LNG), and compressed natural gas (CNG), catering to exporters, wholesale companies, eligible consumers, and specific LNG/CNG clients. Additionally, the company operates within the natural resources industry, handling the extraction, acquisition, manufacturing, and global trade (import, export, sale, and installation) of various natural stones and mineral ores, notably gold, antimony, and coal.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.
Target Price
The average target price of ODAS.IS is 10.0 and suggests 40.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i