Tera Yatirim Menkul Degerler As · BIST:TERA
Tera Yatirim Menkul Degerler As — Tera Yatırım Menkul Değerler A.Ş. — Investor Presentation (September 2023)
22 slides from Tera Yatirim Menkul Degerler As's investor presentation, September 2023
Slide 1: September 2023
©PTERAYAT September 2023
Slide 2: Experienced, Creative, Progressive, Reliable
Experienced Creative Progressive Reliable Since 1990, the right address for investments 1
Slide 3: Tera Invest founded in 1990
Tera Invest is one of Turkey's leading investment banking and brokerage firms, providing research and brokerage services to domestic and foreign clients. Tera Invest is a member of Borsa Istanbul (BIST). Tera Invest was founded in 1990 and named after the ancient Roman goddess of abundance and ferti
Slide 4: Shareholding Structure
Shareholding Structure Shareholder % Oğuz Tezmen 31,43% 31% 31% Emre Tezmen 28,62% Gül Ayşe Çolak 8,52% 9% 29% Free Float 31,43% Total 100% Oğuz Tezmen Emre Tezmen Gül Ayşe Çolak Halka FreeAçık Float 3
Slide 5: Board of Directors and Top Management
Board of Directors 5 board members, of which 2 are independent • Emre Tezmen, CFA – Chairman • Gul Ayse Colak, CFA – Vice Chairman • Emir Munir Sarpyener – Executive Board Member • Kadir Boy – Independent Board Member (Audit Expert) • Ali Altintas - – Independent Board Member Top Management • Emir S
Slide 6: Intermediary Institution with "Broad" License Category
Intermediary Institution with “Broad” License Category Departments ▪ Brokerage Services to Institutional Clients (Equity, Futures, Bonds) ▪ Brokerage Services to Retail Clients (Equity, Futures, Bonds) ▪ Corporate Finance & Investment Banking (IPO, M&A, Securitization, etc.) ▪ Research (Macro, Equit
Slide 7: Markets in Tera Operates
Markets in Tera Operates ▪ Turkish & Global Equity Markets ▪ Debt Securities Market (Outright Purchases, Repo/Reverse Repo, Offerings, International Bonds) ▪ Derivatives Market (Futures, Options) ▪ International ADR, GDR Markets ▪ 6 offices (3 in Istanbul including the headquarters, Ankara, Antalya,
Slide 8: Why Tera Invest?
Why Tera Invest? ▪ A highly seasoned management team with an average of +25 years experience in all areas of capital markets. Two shareholders/board members are CFA charter holders. ▪ Recently established an Investment Bank in Turkey with TRY500 mn paid-in capital. Among many contestants, Tera Group
Slide 9: Why Tera Invest?
Why Tera Invest? ▪ With 9 deals closed in the last 1 ½ years Tera is among the leading firms in IPO transactions in Turkey. The company also has a strong IPO & Investment Banking deal backlog for 2023-2024. ▪ High profitability & strong equity base with c.TRY 348mn shareholders’ equity. ▪ TERA Group
Slide 10: Acquisitions
Acquisitions • Tera Invest acquired and merged with Ticaret Securities in 2015. • Tera Invest acquired and merged with Erste Securities, Turkey in 2019. • Both acquisitions provided Tera Invest with a corporate tax shield and cost savings. • Tera Invest acquired BGC Partners Securities Turkey in 202
Slide 11: Tera Yatırım – Recent IPOs (2021-2022-2023)
Tera Yatırım – Recent IPOs (2021-2022-2023) Manas Enerji Yönetimi A.Ş. Orçay Ortaköy Çay A.Ş. İhlas Haber Ajansı A.Ş. Pasifik GYO A.Ş. USD 9.0 mn US$ 9.6 mn US$ 10.5 mn US$ 72.7 mn 19,000 investors 45,000 investors 74,000 investors 118,000 investors 27.07.2021 02.09.2021 03.11.2021 16.12.2021 LDR Tu
Slide 12: Corporate Finance Activities
Corporate Finance Activities 2021 2022 2023 Total Tera Investment is the 4th company that has brokered İnfo Yatırım 5 7 6 19 Garanti Yatırım 6 5 5 16 the most public offerings among all brokerage firms in Halk Yatırım 3 2 6 11 the last 3 years. Tera Yatırım 4 2 3 9 Gedik Yatırım 1 4 1 8 Realized Pub
Slide 13: Secondary Public Offering and Block Sale Transaction Experiences
Tera Yatırım and the team’s Secondary Public Offering and Block Sale Transaction Experiences KAREL ELEKTRONIK GALATA WIND TUKAS ODAS Enerji Rhea Girisim Banvit Private Placement Leader Private Placement Leader Private Placement Leader Restricted Rights Issue Private Placement Leader Private Placemen
Slide 14: Corporate Bond Issues, Valuation Reports
Corporate Bond Issues, Valuation Reports Denge Yatırım Tera Yatırım Re-pie Portföy Turknet İletişim Uşak Seramik Holding 2023 2023 2023 2021 2019 Bond Issue Valuation Report Valuation Report Valuation Report Bond Issue Arena Finans Avrupa Hospital Altınyağ Karadeniz Bereket Sigorta Factoring Hastane
Slide 15: Company Roadshows (deal / non-deal)
Tera Yatırım and the teams’ Company Roadshows (deal / non-deal) Deputy Energy Minister Turkey Conference Turk Traktor Turkey Conference Turkey Aviation Turkey Conference Turkey Aviation Murat Mercan Conference Conference London London Boston London London London London 2016 2016 2015 2015 2014 2014
Slide 16: Company Roadshows (deal / non-deal) cont.
Tera Yatırım and the teams’ Company Roadshows (deal / non-deal) cont. Turkey Conference CBTR Deputy Governer Central Bank of Finance Minister Turk Traktor Otokar Tofas Ibrahim Turhan Republic of Turkey Mehmet Simsek London London London Copenhagen London London New York 2011 2011 2011 2011 2011 2011
Slide 17: Financial Highlights: Total Assets
FINANCIAL HIGHLIGHTS Total Assets 1,600,000,000 Total Assets (TRY) 1,464,683,431 1,400,000,000 1,200,000,000 1,104,472,494 1,000,000,000 800,000,000 600,000,000 400,000,000 323,767,140 217,152,202 200,000,000 174,004,754 117,203,209 0 2018 2019 2020 Seri1 2021 2022 2023/06 15
Slide 18: Financial Highlights: Net Profit
FINANCIAL HIGHLIGHTS Net Profit Net Profit (TRY) 70,000,000 65,543,167 61,320,809 60,000,000 50,000,000 40,000,000 32,710,401 30,000,000 20,000,000 10,000,000 8,548,722 2,121,648 0 2019 2020 2021 2022 2023/06 16
Slide 19: Financial Highlights: Equity and Return on Equity
FINANCIAL HIGHLIGHTS Net Profit Equity Average Return on Equity 400,000,000 50% 347,965,566 43% 350,000,000 45% 306,630,210 40% 300,000,000 35% 250,000,000 31% 30% 200,000,000 25% 150,000,000 20% 16% 91,822,392 15% 100,000,000 50,704,085 59,254,403 10% 50,000,000 37,255,446 5% 5% 0 0% 2018 2019 2020
Slide 20: Tera Investment Stock Performance
Tera Investment Stock Performance 16
Slide 21: JCR Eurasia Rating: A (tr)
JCR Eurasia Rating: Long-Term National Issuer Credit rating is A (tr) 16
Slide 22: Follow Us
FOLLOW US ON OUR SOCIAL NETWORKS www.terayatirim.com
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