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1-Financial information of a company is as follows: Sales: 180 500 000 TL Cost of Sales: 46 200 000 TL. Selling, Marketing, Distribution Exp:enses:

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1-Financial information of a company is as follows: Sales: 180 500 000 TL Cost of Sales: 46 200 000 TL. Selling, Marketing, Distribution Exp:enses: 24 000 000 TL General Ad. Exp and R&D Expense: 29 500 000 TL Other Income From Operating Activities: 18 000 000 TL. Other Expense From Operating Activites : 5 000 000 TL Income From Investing Activities: 8 000 000 TL. Loss From Investing Activities: 6 000 000TL Financial Income: 10 00 000 TL Financial Expense: 28 000 000 TL. Cash and Near Cash: 4 800 000 TL Short Term Financial Investments: 1 220 000 TL Corporate Tax: %20 Calculate Gross Profit, Operating Profit, Profit Before Tax, Net Profit. Calculate EBITDA adjusted for Other Income/Expense From Operating Activities if depreciation + amortization is 16 600 000 TL. 2- The cumulative net profit of a company traded in BIST is given below. Net Profit/ (Cumulative) 09/2019 494 192 299 TL 12/2019 502 247 817 TL 03/2020 06/2020 09/2020 112 936 945 -97 237.576 645 167 863 TL TL TL This company is now trading at 62 TL per share in Borsa Istanbul. Share Capital is 102 272 000 TL. Calculate P/E multiple of this stock. If the average P/E ratio of comparable firms in the same industry is 7, would you invest in this stock, is it overvalued or undervalued? Calculate expected price per share. 3- Arelik (traded in BIST) financial information is as follows. Closing Market Price: 14.99 TL Equity (zkaynak) 8 961 332 000 TL Share Capital (denmi Sermaye) 675 728 205 TL Find Price/Book ratio, and book value per share. If the median of Price/Book ratio of international comparable peers is 1.5. would you buy this stock, is it overvalued or undervalued. Calculate the expected stock price according to international peers. 2/2 4- The chart below shows P/E and P/B multiples of BIST100 and MSCI EM index The green line is MSCI EM index and the white line is BIST100 index. Current P/E ratio of BIST100 index is 9.64 and P/B ratio is 0.94 while MSCI EM index is trading at 19.97 P/E and 1.75 P/B. 5 year average P/E of MSCI EM is 14.7 and 5 year average P/B is 1.55. 5 year average P/E of BIST100 index is 8.95 and 5 year average P/B is 1.13. Write a short summary comparing 2 indexes according to P/E and P/B ratios. Please mention the reasons if one of them is under or over valued according to eachother.

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