
Aygaz A.S. (AYGAZ.IS)
ValueMarkers Composite Index
66% above intrinsic value ($4)
Aygaz A.S. (AYGAZ.IS) — VMCI valuation read
AYGAZ.IS prints VMCI 63/100 inside the Utilities sector, where the median sits at 50. The 13-point above-median delta is the cleanest single-number summary of Aygaz A.S.'s composite stance, and in the mid-cap bucket it places the share ahead of the typical peer on the five-pillar mix.
On AYGAZ.IS, the SEC EDGAR Form 4 stream shows no insider buys or sells in the past 30 days. Quiet tapes happen; they just remove a signal that bull and bear cases sometimes lean on for confirmation.
**Investor frame.** AYGAZ.IS trades at 20.0x earnings, 11% above the Utilities median of 18.0x; that is the value line. ROIC of 10.0% sits 0.0pp above the Utilities median (10.0%); that is the quality line. net debt to EBITDA of 1.4x leaves covenant headroom; that is the risk line for Aygaz A.S. on the trailing financials.
AYGAZ.IS rose 0.5% over the trailing 7 days, with a +3.3% read on a 30-day basis.
Aygaz A.S., together with its subsidiaries, purchases and delivers liquid petroleum gas (LPG) to retailers for distribution to customers in Turkey. The company operates through three segments: Gas and Petroleum Products, Electricity, and Other. It also manufactures LPG cylinders, LPG tanks, valves, and other supplementary materials; and cylinder-hood sets and hoses, regulators, small cylinder gas devices, barbecues, and patio heaters. In addition, the company distributes LPG autogas, cylinder gas, and bulk gas; produces and sells LPG-operated devices; carries out LPG marine transportation activities; sells carboy water; and trades in fuel and lubricants through its autogas stations. Further, it engages in the delivery of natural gas to customers through pipelines; and liquefied natural gas to customers through cryogenic trailers. Additionally, it purchases, builds, rents, and operates vessels, which transports crude oil, petroleum products, liquid petroleum gas, natural gas and solid, liquid, and liquefied products; and generates, distributes, and sells electricity. As of December 31, 2021, it operated 8 hydroelectric power plants, 1 wind power plant, and 1 natural gas cycle plant with a total installed capacity of 436 MW. The company provides its services through 2,259 cylinder gas dealers; and 1,718 autogas stations. Aygaz A.S. was incorporated in 1961 and is headquartered in Sisli, Turkey. Aygaz A.S. is a subsidiary of Koç Holding A.S.
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