Valuation Koç Holding

Equities

Market Closed - Borsa Istanbul Other stock markets 08:39:55 18/05/2026 pm IST			5-day change	1st Jan Change
195.00 ^TRY	-2.01%		-8.15%	+15.52%

11/05	Turkey - Factors to Watch on May 11	RE
08/05	Koc Holding Q1 net result turns to profit of 522 million lira yoy	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	71,969	2,12,255	3,59,590	4,52,911	4,28,060	5,04,644	-
Change	-	194.93%	69.41%	25.95%	-5.49%	17.89%	-
Enterprise Value (EV) ¹	2,49,926	2,12,255	4,86,555	10,38,257	14,40,188	15,21,333	16,96,979
Change	-	-15.07%	129.23%	113.39%	38.71%	5.63%	11.55%
P/E ratio	4.74x	3.04x	4.98x	347x	19.4x	7.39x	5.2x
PBR	1.12x	-	0.89x	0.86x	0.63x	0.54x	0.41x
PEG	-	0x	1.43x	-3.5x	0x	0x	0.1x
Capitalization / Revenue	0.21x	0.24x	0.22x	0.2x	0.16x	0.15x	0.12x
EV / Revenue	0.72x	0.24x	0.3x	0.45x	0.52x	0.45x	0.42x
EV / EBITDA	7.33x	1.28x	1.95x	7.96x	6.78x	5.43x	5.93x
EV / EBIT	8.68x	1.34x	2.23x	13.3x	10.4x	8.3x	9x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Dividend per Share ²	0.902	-	8	-	-	8.526	10.47
Rate of return	3.18%	-	5.64%	-	-	4.28%	5.26%
EPS ²	5.992	27.54	28.49	0.515	8.679	26.94	38.28
Distribution rate	15.1%	-	28.1%	-	-	31.7%	27.3%
Net sales ¹	3,46,689	9,01,857	16,04,647	23,17,907	27,57,295	33,98,287	40,43,353
EBITDA ¹	34,081	1,66,227	2,49,217	1,30,399	2,12,362	2,80,347	2,86,239
EBIT ¹	28,795	1,57,967	2,18,605	78,131	1,37,970	1,83,184	1,88,490
Net income ¹	15,193	69,806	72,230	1,306	22,001	30,081	39,078
Net Debt ¹	1,77,958	-	1,26,965	5,85,346	10,12,128	10,16,689	11,92,335
Reference price ²	28.38	83.70	141.80	178.60	168.80	199.00	199.00
Nbr of stocks (in thousands)	25,35,898	25,35,898	25,35,898	25,35,898	25,35,898	25,35,898	-
Announcement Date	17/02/22	10/02/23	15/03/24	18/02/25	12/02/26	-	-

¹TRY in Million²TRY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
KOÇ HOLDING	7.39x	0.45x	5.43x	4.28%	1.11TCr
HAL TRUST	11.45x	1.09x	4.36x	2.11%	1.74TCr
MERITZ FINANCIAL GROUP INC.	6.42x	13.58x	-	1.39%	1.18TCr
WHSP HOLDINGS LIMITED	6.32x	9.25x	27.01x	2.65%	1.16TCr
Average	7.90x	6.09x	12.27x	2.61%	1.3TCr
Weighted average by Cap.	8.30x	5.61x	11.19x	2.53%