1. Türkiye Stocks

  2. •

    Consumer Defensive

  3. •

    Grocery Stores
BIM Birlesik Magazalar A.S.

BIM Birlesik Magazalar A.S.

BIMAS.IS
BIM Birlesik Magazalar A.S.TR flagIstanbul Stock Exchange
371.00
TRY
+14.00
- -
439.92BMarket Cap
BIM Birlesik Magazalar A.S.
BIMAS.IS
(Istanbul Stock Exchange)

Recent

price

371.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.41
6.74
8.16
9.76
11.91
14.35
16.53
20.49
26.85
33.41
45.86
58.77
233.5
397.08
569.79
602.26
630.5
Revenue per Share
0.2
0.25
0.27
0.34
0.33
0.48
0.55
0.71
1.04
1.02
2.15
2.44
13.88
18.67
20.38
15.56
18.23
Basic EPS, GAAP
0.16
0.23
0.16
0.27
0.13
0.24
0.52
0.66
0.5
1.91
2.85
3
7.01
12.61
13.98
16.39
12.65
Free Cash Flow per Basic Share
0.11
0.15
0.16
0.18
0.2
0.22
0.27
0.38
0.47
0.8
0.25
3
2.92
4.15
7.87
6.78
4.82
Dividend per Share
0.36
0.43
0.52
0.66
0.76
0.99
1.19
1.49
1.87
2.29
3.81
3.27
31.9
59.79
88.8
96.19
111.06
Book Value per Share
0.41
0.51
0.65
0.82
0.94
1.37
1.56
2.43
2.9
3.49
5.89
6.44
48.59
84.1
129.76
139.29
159.26
Tangible Book Value per Share
1,214
1,214
1,214
1,214
1,214
1,214
1,214
1,209
1,204
1,204
1,210
1,203
1,196
1,194
1,194
1,197
1,196
Basic Weighted Avg Shares
6,574
8,189
9,906
11,849
14,463
17,428
20,072
24,779
32,323
40,212
55,495
70,699
279,253
474,200
680,073
721,063
754,078
Sales/Revenue/Turnover
4.5
4.39
4.11
4.19
3.42
4.12
3.97
4.28
4.78
5.24
6.85
5.85
2.19
1.44
1.2
2.48
2.89
Operating Margin (%)
65
77
95
114
137
168
214
257
349
1,083
1,370
1,803
8,122
15,004
22,530
26,637
25,836
Depreciation Expense
246
299
332
413
395
583
671
863
1,250
1,225
2,607
2,932
16,596
22,293
24,329
18,632
21,808
Net Income, GAAP
19.73
20.87
21.02
21.49
22.78
22.14
21
21.25
23.13
23.01
22.22
24.53
13.96
29.94
28.23
40.7
39.04
Effective Tax Rate (%)
3.74
3.65
3.35
3.49
2.73
3.35
3.34
3.48
3.87
3.05
4.7
4.15
5.94
4.7
3.58
2.58
2.89
Profit Margin (%)
-38
-19
-29
-70
-209
-239
-313
-228
-289
-1,192
115
-1,853
-753
556
-827
3,130
9,273
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
3,280
4,716
6,349
15,588
25,525
37,736
39,682
43,933
LT Debt
500
616
796
999
1,150
1,670
1,901
2,958
3,512
4,237
7,176
7,809
58,307
100,692
155,158
167,095
190,794
Total Equity
51.83
47.09
38.4
34.74
28.4
32.09
28.94
29.02
30.4
24.48
25.76
20
10.84
4.4
3.39
4.9
6.13
Return on Invested Capital (%)
64.34
63.17
57.48
56.55
45.39
54.44
50.77
53.1
60.97
36.9
35.69
30.83
52.44
30.52
22.14
14.24
16.27
Return on Capital (%)
63.58
62.8
57.6
57.47
45.91
55.12
50.81
53.1
61.53
48.87
70.72
68.58
78.86
40.69
27.43
16.85
19.44
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
11,228
13,044
14,142
LT Borrowings
- -
- -
- -
LT Finance Leases
37,624
39,682
43,933
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,188
1,186
1,186
Market Capitalization
322,580
319,897
408,431

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
115,145
111,487
145,377
Cash, Cash Equivalents & STI
19,031
14,152
29,958
Accounts Receivable, Net
33,391
34,807
38,562
Inventories
55,459
54,447
62,819
Total Current Liabilities
114,323
108,357
136,103
Payables & Accruals
- -
- -
- -
ST Debt
11,228
13,044
14,142
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
96.81%
157.99%
7.69%
Free Cash Flow
69.26%
49.01%
17.55%
Net Income, GAAP
69.78%
99.7%
-23.41%
Sales/Revenue/Turnover
57.31%
88.33%
6.03%
Total Cash Common Dividend
128.82%
240.68%
-13.54%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
143,308
147,544
167,868
152,107
680,073
2025
193,318
153,239
179,681
208,295
721,063
2026
212,862
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.49
6.43
4.85
- -
20.38
2025
2.98
2.26
4.41
- -
15.56
2026
5.38
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
1.36
- -
7.87
2025
- -
- -
2.14
- -
6.78
2026
0.02
- -
- -
- -
- -
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BIM Birlesik Magazalar A.S. (BMBRF)
Business
BIM Birlesik Magazalar A.S. (BIMAS.IS) operates as Turkey's leading hard-discount retailer, offering consumers basic food items and consumer goods through a limited portfolio of approximately 900 products emphasizing high quality and affordable prices; its core offerings include meat products, breakfast and dairy items, beverages, legumes and bakery goods, snacks and sweets, fruits and vegetables, frozen foods, cleaning supplies, televisions, cooking pans, and toys, with a strong focus on private label products. Founded in 1995 and headquartered in Istanbul, Turkey, at Abdurrahmangazi Mahallesi Ebubekir Caddesi No:73 Sancaktepe, the company maintains the highest market share in Turkey's organized retail sector, employing 95,630 personnel across 13,583 stores as of end-2024, including 12,089 in Turkey, 789 in Morocco, and 418 in Egypt. BIM pioneered the hard-discount model in Turkey through efficient cost management, decentralized operations, and a dynamic logistics network that prioritizes 80% of household daily needs while minimizing unnecessary expenses on packaging, promotions, and store decor. In recent developments, BIM expanded aggressively with 886 new stores in Turkey, 102 in Morocco, and ongoing growth in Egypt during 2024, reaching 14,231 total stores by September 2025; it reported nine-month 2025 sales of TRY 512.8 billion and net income of TRY 11.25 billion, approved a shift to registered capital up to TRY 5 billion in September 2025 pending shareholder approval, and accelerated Egypt operations targeting 1,000 stores by end-2026 alongside new logistics centers in Minya, Beni Suef, and 10th of Ramadan City. Through subsidiaries BIM Stores SARL in Morocco and Bim Stores LLC in Egypt, BIM sustains international growth in North Africa while upholding its low-cost model and customer-centric policies like unconditional returns.