Risk factor
Good trading liquidity
Profitability factor
Undervalued vs peers
About
Petkim Petrokimya Holding Anonim Sirketi, a Turkish petrochemical enterprise based in Istanbul, conducts its operations across two primary divisions: petrochemical manufacturing and port services. The company's extensive product range encompasses thermoplastics such as low-density polyethylene, high-density polyethylene, polypropylene, and polyvinyl chloride; raw materials for fibers including acrylonitrile, mono-ethylene glycol, and pure terephthalic acid; aromatic compounds like benzene, paraxylene, orthoxylene, and toluene; and olefins, specifically polymer and chemical grade propylene along with ethylene. Furthermore, it supplies other chemicals such as crude C4, C5 mixture, aromatic oil, pygas, diethyleneglycol, sodium hydroxide, and phthalic anhydride. These products are integral to various sectors, including plastics, chemicals, packaging, piping, paints, construction, agriculture, automotive, electricity, electronics, textiles, pharmaceuticals, detergents, and cosmetics. Founded in 1965, the organization functions as a subsidiary of Socar Turkey Petrokimya AS.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/
Target Price
The average target price of PETKM.IS is 20.5 and suggests 1.24% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommend