Mega Metal Sanayi Ve Ticaret A.s. · BIST:MEGMT
Mega Metal Sanayi Ve Ticaret A.s — Investor Presentation (2024)
31 slides from Mega Metal Sanayi Ve Ticaret A.s's investor presentation, 2024
Slide 1: megametal.com.tr
g Y 5 Z = megametal.com.tr
Slide 2: About Mega Metal / Production and Capacity
With over 21 years of experience, Mega Metal is one As one of the leading manufacturers in of Turkey’s leading industrial companies in the the copper wire industry, Mega Metal production and capacity of oxygen-free electrolytic carries out its production at its facility copper wire. Our products, pr
Slide 3: Milestones
MİLESTONES 2018 INSTALLATION OF THE We define our journey from our establishment to the present SECOND UPCAST as an exciting path in which our roots have grown stronger. As We installed our second 2023 the Mega Metal Family, we remember the past clearly, we deeply value the present, and for that rea
Slide 4: Vision, Mission and Our Values
OUR VALUES VİSİON To become a leading global brand in Respect, Trust, and Commitment the conductor industry by delivering We build long-term relationships with our employees innovative and sustainable solutions based on trust, respect, and success; we prioritize our that create value for our stakeho
Slide 5: Our Strengths
OUR STRENGTHS Strong Industry Robust Quality High Delivery Europe’s Highest Knowledge and Management Performance Super Fine Wire and Experience Coil Transfer Capacity Sustainability - Use of Flexibility in Production of Visionary Management Approach Recyclable Materials Responding to Oxygen-Free Cus
Slide 6: Mega Metal at a Glance
AT A GLANCE MEGA METAL Over 21 Years of Annual 547 Million Experience Capacity of USD in 48,000 Tons Revenue Export to Over The Share of European 30 Countries Market the Leader in the Automotive Super Fine Sector in Sales - Wire Segment 21% 75.000 m 2 Publicly Total Area Traded Company 48.000 m 2 71
Slide 7: Locations
LOCATİONS U.S Office Connecticut Head Office Production U.S Office İstanbul Facility Connecticut Financial Kayseri Center, 157Church Head Office Street, Floor 19New Maslak Office Building Production Facility Haven, 06510CT, USA Maslak Organize Sanayi +1 475600 9181 Mah. Sümer Sok. Bölgesi No:4/12 12
Slide 8: Manufacturing System
MANUFACTURİNG SYSTEM Tin-Plated, Silver-Plated or Bare Mono Wires (0.07– 2.60 mm) Casting Facility Silver (Upcast) Mono Wire Electroplating Drawing Line Unit Wire Rod Medium Thick Wire 8.00 mm Uncoated Wire Drawing Unit Cu min. 99.99%, Drawing O₂ < 5 ppm Unit Tin Multiple Electroplating Wire Drawing
Slide 9: Products
PRODUCTS Multi-Strand Products Mega Metal's products, offering industrial copper wire solutions, Bare, silver-plated, or tin-plated multi-strand are grouped into six main categories. products, produced with state-of-the-art machinery, can be reduced to a single wire diameter as small as 0.05 mm. Oxy
Slide 10: With 21 years of experience, continue to add finesse to copper
With 21 years of experience, continue to add finenesse the copper.
Slide 11: Industries Where Our Products Are Used
INDUSTRIES WHERE OUR PRODUCTS ARE USED Communication and Transportation White Goods Industrial Applications Automotive Defense Industry Construction Medical Equıpment Energy Aerospace and Robotics Electronics Applications
Slide 12: Key Export Markets
KEY EXPORT Italy • Germany• France • Slovakia• Poland • Austria • Switzerland MARKETS The United Kingdom• Romania • The United States • Canada • The Czech Republic • Spain • Bosnia and Herzegovina We export to more than 30 countries, with 85% of our exports Bulgaria• Greece• Hungary• Portugal • Mexi
Slide 13: Industry Opportunities
INDUSTRY OPPORTUNİTİES Electrification and Renewable Energy Growth in the Electronics Sector Copper wire is a fundamental component in energy The expanding telecommunications industry is driving increased transmission and distribution. The increasing demand for demand for electronic devices. The pro
Slide 14: Sustainability and Efficiency
SUSTAINABILITY and EFFICIENCY Project Cost $4,5 M Commissioning of the Project: 2025 Q1 KÜTAHYA Project Area 75.000 m ² Capacity 10 DC M W ROI 6.2 Years Project Cost $7,15 M Commissioning of the Project: 2025 Q2 BİLECİK Project Area 150.000 m ² Capacity 11 DC M W ROI 6.3 Years Project Cost $6,35 M C
Slide 15: Strategic Road Map
STRATEJİC ROAD MAP Growth Digital Transformation In line with market growth expectations and the company’s vision, With the transition to the SAP ERP system, end-to-end integration of production capacity is planned to be increased by 50% in 2025, operational processes has been achieved, enabling inc
Slide 16: Capital and Shareholding Structure
CAPİTAL AND SHAREHOLDİNG STRUCTURE The company’s registered capital ceiling is 1,000,000,000 TRY, and its issued capital is 265,000,000 TRY. The company’s shares were publicly offered on December 7- 8, 2023, and began trading on the Borsa Istanbul Yıldız Market under the code "MEGMT" at a price of 2
Slide 17: 2024 at a Glance
AT A GLANCE 2024 Export Revenue Distribution *During the relevant period (01.01.2024–31.12.2024), the Company achieved a record-breaking sales volume of 45,168 tons, with a total revenue of TRY 17.9 billion for the year 2024.. %5 %15 Over 21 Strong %48 %52 %80 Years of Quality Experience Overseas Do
Slide 18: Summary of Financial Performance
SUMMARY OF FİNANCİAL FİNANCİAL PERFORMANCE ANALYSİS Summary of Financial İnfo (TL) 31.12.2024 31.12.2023 Change (%) Current Assets 5.468.040.443 4.168.103.692 31,19 Non-Current Assets 3.382.073.028 2.689.752.408 25,74 15.000 1.000 T o t a l Assets 8.850.113.471 6.857.856.100 29,05 Current Liabilitie
Slide 19: Human Resource
HUMAN RESOURCE As of December 31, 2024, a total of 714 employees are working at the Istanbul Headquarters and Kayseri production facility, with 601 of them working at the production facility. GENDER STAFF DİSTRİBUTİON DİSTRİBUTİON 67 194 647 520 Male Female Blue Collar White Collar WHİTE-COLLAR BLUE
Slide 20: MEGMT Relative Share Performance
90 230 50 70 190 170 150 210 130 110 15.12.2023 21.12.2023 29.12.2023 08.01.2024 15.01.2024 22.01.2024 29.01.2024 05.02.2024 12.02.2024 19.02.2024 26.02.2024 04.03.2024 11.03.2024 18.03.2024 25.03.2024 01.04.2024 has achieved a return of 2% 08.04.2024 18.04.2024 T 26.04.2024 06.05.2024 MEGM 13.05.20
Slide 21: Annual Development of International and Domestic Sales
ANNUAL DEVELOPMENT OF INTERNATIONAL AND DOMESTIC SALES Sales Revenue Composition (TL) Sales Revenue Composition(%) 10.000.000.000 9.000.000.000 8.000.000.000 7.000.000.000 2024 6.000.000.000 5.000.000.000 2023 4.000.000.000 3.000.000.000 2.000.000.000 2022 1.000.000.000 0 2022 2023 2024 0 10 20 30 4
Slide 22: Balance Sheet (TL)
BALANCE SHEET (TL) BALANCE SHEET ('000 TL) December 24 December 23 (%) December 24 December 23 (%) CASH AND CASH EQUIVALENTS 1.646.506 1.508.059 9% SHORT-TERM FINANCIAL BORROWINGS 3.167.373 1.777.639 78% FINANCIAL INVESTMENTS 132.702 OTHER SHORT-TERM FINANCIAL LIABILITIES 224.491 199.562 12% TRADE R
Slide 23: Income Statement (TL)
INCOME STATEMENT (TL) STATEMENT OF PROFİT/LOSS ('000 TL) ANNUAL December 2024 (%) December2023 (%) December2022 (%) Revenue 17.935.639 11.726.940 8.840.193 Cost of Sales (16.449.424) (10.633.580) (8.159.088) GROSS PFORİT 1.486.215 8,29% 1.093.360 9,32% 681.106 7,70% Operating Expenses (877.235) (421
Slide 24: Key Financial Ratios
KEY FİNANCİAL RATİOS 2024 2023 2022 2021 PROFITABILITY EBITDA (%) 5,33% 7,29% 6,15% 7,00% GROSS PROFİT (%) 8,29% 9,32% 7,70% 8,00% NET P R O F İ T (%) 2,36% 2,56% 0,92% 0,00% OPERATİNG PROFİTI (%) 3,40% 5,73% 4,80% 4,80% LIQUIDITY CURRENT RASYO (X) 1,20 1,2 0,9 1,00 NWC / ASSETS (%) 10% 10% -8% 0% L
Slide 25: Profitability
PROFITABILITY Profitability (%) 10,00 9,00 8,00 7,00 6,00 5,00 4,00 3,00 2,00 1,00 0,00 EBİTDA(%) GROSS PROFİT(%) NET PROFİT (%) 2024 5,33 8,29 2,36 2023 7,29 9,32 2,56 2022 6,15 7,70 0,92 2021 7,00 8,00 0,00
Slide 26: Liquidity
LIQUIDTY Liquidty 1,20 1,2 1,00 0,90 10,5 10 -8 0 CURRENT RASYO (%) NWC / ASSETS (%) 2024 1,20 10,5 2023 1,2 10 2022 0,90 -8 2021 1,00 0
Slide 27: Leverage
LEVERAGE Leverage 500 400 394 300 200 159 100 77 77 63 63 60 59 59 60 51 51 41 40 23 24 0 EQUİTY / NET DEBT (%) L E V E R AGE R ATİO (%) EQUITY / TOTAL ASSETS (%) SHORT TERM. LİA. / ASSETS (%) 2024 159 59 41 51 2023 394 60 40 51 2022 60 77 23 63 2021 70 77 24 63
Slide 28: Efficiency
EFFICIENCY Efficiency 50 48 40 37,93 36,28 34,87 32,23 30 23,13 23,27 23,89 20 10 8,61 7,63 5,58 5,24 0 EBİTDA / EQUITY (%) OPERATİNG EXPENSES / NET SALES (%) EQUITY TURNOVER (X) 2024 5,58 23,13 36,28 2023 5,24 23,27 34,87 2022 8,61 23,89 32,23 2021 7,63 37,93 48
Slide 29: Coverage
COVERAGE Coverage 4 3 3,05 2,71 2,70 2,54 2,40 2 2,04 1,97 1 0,86 0 NET DEBT / EBİTDA (X) EBİTDA/ INTEREST EXPENSE (X) 2024 2,40 3,05 2023 0,86 2,70 2022 2,54 1,97 2021 2,71 2,04
Slide 30: Copper Wire Market
COPPER WİRE MARKET Global Copper Europe Wire Market Markets • 2032 Market Growth 2023 Market Size Expectation 2023 Market Size 2032 Market • 20.3 Million Tons • European Market Figures • 33.2 Million Tons • Total Market Size in Growth • 5.6% Compound Annual Growth Rate Europe: 3.7 million tons Forec
Slide 31: Thank You
THANK YOU
Mega Metal Sanayi ve Ticaret A.S. — Investor Presentation (2024) on 6ix