Cengiz Eroldu - Tofas Turk CEO, Member of the Board

TOASO Stock  TRY 201.20  1.70  0.84%   

CEO

Mr. Cengiz Eroldu is Board Member and Chief Executive Officer of Tofas Turkish Automobile Factory Co. Inc. He graduated from the Business Administration Faculty of Istanbul University and completed the MBA program at LUISS University . He began his career as an Audit Specialist at Ko Holding in 1989. He was appointed to the position of Assistant Accounting and Industrial Governance Manager for Tofas in 1995, working in the Accounting and Industrial Governance Department and the Budget and Governance Department from 2001 to 2008, and in the Finance Department between 2008 until 2015. Since 2015, he was serving as Member of the Tofas Board of Directors and CEO. since 2015.
Tenure 9 years
Professional MarksMBA
Phone90 212 275 33 90
Webhttps://www.tofas.com.tr

Tofas Turk Management Efficiency

The company has return on total asset (ROA) of 0.187 % which means that it generated a profit of $0.187 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 1.004 %, meaning that it generated $1.004 on every $100 dollars invested by stockholders. Tofas Turk's management efficiency ratios could be used to measure how well Tofas Turk manages its routine affairs as well as how well it operates its assets and liabilities.
Tofas Turk Otomobil has accumulated 1.88 B in total debt with debt to equity ratio (D/E) of 190.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tofas Turk Otomobil has a current ratio of 1.07, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Tofas Turk until it has trouble settling it off, either with new capital or with free cash flow. So, Tofas Turk's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tofas Turk Otomobil sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tofas to invest in growth at high rates of return. When we think about Tofas Turk's use of debt, we should always consider it together with cash and equity.
Tofas Trk Otomobil Fabrikasi A.S. manufactures and sells passenger cars and light commercial vehicles in Turkey. The company was founded in 1968 and is headquartered in Istanbul, Turkey. TOFAS OTO operates under Auto Manufacturers classification in Turkey and is traded on Istanbul Stock Exchange. It employs 7583 people. Tofas Turk Otomobil (TOASO) is traded on Istanbul Stock Exchange in Turkey and employs 6,012 people.

Management Performance

Tofas Turk Otomobil Leadership Team

Elected by the shareholders, the Tofas Turk's board of directors comprises two types of representatives: Tofas Turk inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tofas. The board's role is to monitor Tofas Turk's management team and ensure that shareholders' interests are well served. Tofas Turk's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tofas Turk's outside directors are responsible for providing unbiased perspectives on the board's policies.
Fabrizio Renzi, CFO, Finance Director
Arzu Yazgan, Co Director
Orcun Sarica, HR Director
Mehmet CFA, Financial Mang
Omer Cetinoglu, Information and Communication Technologies Director
Cengiz Eroldu, CEO, Member of the Board
Devran Aydin, Accounting Exec
Mahmut Karacan, Lancia, Alfa Romeo, Jeep Business Unit Director

Tofas Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tofas Turk a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Other Information on Investing in Tofas Stock

Tofas Turk financial ratios help investors to determine whether Tofas Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tofas with respect to the benefits of owning Tofas Turk security.