Is Yatirim Menkul Degerler (ISMEN)

Business description

Is Yatirim Menkul Degerler is a leading Turkey-based brokerage group established by Turkiye Is Bankasi Yatirim Menkul Degerler. In addition to its core investment banking operations, offering brokerage, corporate finance, investment advisory and portfolio management services, the group includes four subsidiaries engaged in portfolio management, non-performing loan management and private equity, and an investment trust.

Strength in diversity

Outlook | Financials | 19/04/2011

Is Yatirim Menkul Degerler (ISY) has diversified financial earnings, enabling it to withstand market volatility. 2010 results were in line with expectations, with commission income driving growth. ISY offers upside to stable or rising equity markets and interest rates, with gearing to company flotations. Management continues to invest in new revenue opportunities. The stock trades on a 2011 P/E of 6.4x, and a 2011e P/BV of 1.2x. A 2010 yield of 4% and an ROE in 2010 of 18.2% reflect a conservative balance sheet.

Edison's research is freely available. We will never ask for your credit card details and you do not need to register. By downloading this research you are agreeing to our terms and conditions, which you can read in full here.

Company news

Is Yatirim Menkul Degerler

Mon, 30 Apr 2018 16:07:30 GMT

Is Yatirim Menkul Degerler

Tue, 06 Feb 2018 06:35:55 GMT

Is Yatirim Menkul Degerler

Thu, 19 Oct 2017 11:48:45 GMT

Is Yatirim Menkul Degerler

Tue, 06 Feb 2018 10:26:40 GMT

Is Yatirim Menkul Degerler

Mon, 24 Apr 2017 04:52:30 GMT