Investor Takeaway
Anadolu Efes Biracilik ve Malt Sanayi Anonim Sirketi (AEBZY) is a discounted beverage producer headquartered in Turkey with a significant scale in the segment it operates. The earnings growth story supports a long thesis for investors seeking an enterprise with sufficient debt coverage on its books. Income investors could be particularly interested in the dividend reliability with the low payout ratio of the company. With the equity ownership in Coca-Cola's (KO) Turkish operations, the company has a strong position in the beverage market in Turkey, along with Eastern Europe.