Migros Ticaret A.S.
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Migros Ticaret A.S. Financial Snapshot
Operating Performance
Fast Facts
Turgut Ozal Caddesi 12, Istanbul, The company reported revenue of US$4,080.21
Headquarters Address
34758,Turkey million during the fiscal year 2010 (2010). The
company's revenue grew at a CAGR of 8.29% during
Telephone + 90 216 5793000
2006–2010, with an annual growth of 11.45% over
2009. In 2010, the company recorded an operating
Fax N/A margin of 3.55%, as against 4.66% in 2009.
Website www.migros.com.tr
Revenue and Margins
Ticker Symbol, Stock Exchange MGROS, Istanbul Stock Exchange
Number of Employees 20,272
Fiscal Year End December
Revenue (in US$ million) 4,080.21
Revenue (in TRL million) 6,365.12
SWOT Analysis Return on Equity
Strengths Weaknesses The company recorded a return on equity (ROE) of
3.16% for 2010, as compared to its peers, BIM
Broad product offerings Geographic concentration Birlesik Magazalar A.S. (Ticker: BIMAS), Tesco PLC
(Ticker: TSCO) and Metro AG (Ticker: MEO), which
recorded ROEs of 49.09%, 15.94% and 13.47%
Strong marketing activities respectively. The company reported an operating
margin of 3.55% in 2010.
Opportunities Threats
Return on Equity
Expansion through new store openings Competitive landscape
Growth in online retail
Increasing focus on private labels
Liquidity Position
The company reported a current ratio of 1.02 in 2010,
as compared to its peers, BIM Birlesik Magazalar
A.S., Tesco PLC and Metro AG, which recorded
current ratios of 0.96, 0.71 and 0.82 respectively. As
of December 2010, the company recorded cash and
short-term investments of worth US$566.78 million,
against US$39.18 million current debt. The company
reported a debt to equity ratio of 1.77 in 2010 as
compared to its peers, BIM Birlesik Magazalar A.S.,
Tesco PLC and Metro AG, which recorded debt to
equity ratios of 0.02, 0.91 and 1.31 respectively.
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Migros Ticaret A.S. - SWOT Profile Page 1
Migros Ticaret A.S.
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1