The Industrials Sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.
Today I'm reviewing a Small Cap Turkey-based Infrastructure Operations firm engaged in the construction of terminal buildings, management and operation of terminals or airports.
The company's name is TAV Havalimanlari Holding A.S. It's trading ticker symbol is TAVHY.
TAV Havalimanlari Holding A.S., together with subsidiaries, constructs terminal buildings and manages and operates terminals or airports in Turkey, Georgia, Macedonia, Tunisia, and internationally. It operates through Terminal Operations, Catering Operations, Duty-Free Operations, Ground Handling and Bus Operations, and Other segments.
TAVHY also provides software and system services. The company was formerly known as Tepe Akfen Vie Yatirim Yapim ve Isletme A.S. and changed its name to TAV Havalimanlari Holding A.S. in August 2006. TAVHY was founded in 1997 and is headquartered in Istanbul, Turkey.
I use three key data points gauge the value of any dividend equity or fund like TAV Havalimanlari Holding A.S.:
(1) Price
(2) Dividends
(3) Returns
After those three, four more keys will finally unlock an equity or fund in which to invest.
However, it's those first three primary traits that best tell whether a company has made, is making, and will make money.
TAVHY Price
TAV Havalimanlari's price was $21.01 per share at Friday's market close. A year ago its price was $16.53 for a gain of $4.48 per share in the past year.
Assuming TAVHY's price will trade in the range of $18.00 to $28.00 next year, its price could grow another $4.48 from $21.01 to $25.49 by early May 2019.
TAVHY Dividends
TAV Havalimanlari's most recent variable annual dividend was $1.13 per share declared in March and paid April 13th. That $1.13 annual dividend for 2018 yields 5.4% at yesterday's $21.01 stock price.
Gains For TAVHY?
The $4.48 estimated year over year price gain plus an anticipated dividend of $1.13 makes a projected gross annual gain of $5.61 per share, which will be reduced by costs to trade those shares.
$1,000.00 invested today at the $21.01 price buys 48 shares.
A $10 broker fee paid half at purchase and half at sale subtracts about $0.21 per share
Taking that $0.21 brokerage cost out of the estimated $5.61 gross gain per share leaves a net gain of $5.40 X 48 shares
= $259.20
or a 25.7% potential net gain on a $1,008.48 investment.
Therefore, TAV Havalimanlari Holding A.S. (whose ticker symbol is TAVHY), now shows a possible 25.7% net gain including a 5.4% dividend yield.
No analysts cover this stock. However, Y Charts rates the stock "attractive" for an overall "Y" rating. They rate it "excellent" in value on a 10 for 10 scale; "strong" in fundamentals at 7 for 10, and 6.76% under a $22.54 historical multiple valuations.
Those forward-looking numbers were conjecture based on past year performance. Actual results remain to be seen. They could turn out to be far higher or lower. More study is required for you to determine if TAV Havalimanlari Holding A.S. is worth your time and money.
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