Afyon Cimento Sanayii T.A.S.

Afyon Cimento Sanayii T.A.S.

BBIST:AFYON
10.66
TRY
-0.14
(-1.30%)
0.10EPS
127.95P/E
5.20BMarket Cap
Afyon Cimento Sanayii T.A.S.
BIST:AFYON
(Istanbul Exchange)

Recent

price

10.66

P/E

ratio

127.95

div

yld

-1.58%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
0.21
0.21
0.19
0.25
0.35
0.23
0.23
0.61
0.64
1.63
0.79
1.02
6.16
9.39
10.57
9.63
11.11
Revenue per Share
- -
-0.02
-0.03
0.01
0.06
0.05
0.04
0.2
0.01
-0.61
0.05
0.19
0.39
3.58
1.4
0.6
0.1
Basic EPS, GAAP
- -
-0.04
-0.02
0.01
0.08
-0.01
-0.12
-0.02
0.29
0.24
0.16
-0.07
1.4
0.47
2.86
-0.11
1.51
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.09
0.41
0.63
1.18
-0.17
Dividend per Share
0.24
0.21
0.18
0.18
0.24
0.6
0.63
0.83
0.84
0.62
1.23
1.42
7.73
14.33
19.53
18.94
20.17
Book Value per Share
0.24
0.21
0.17
0.18
0.24
0.6
0.63
0.83
0.84
0.62
1.23
1.42
7.71
14.31
19.52
18.78
19.99
Tangible Book Value per Share
219
219
219
221
220
280
265
276
276
100
341
405
399
400
401
402
405
Basic Weighted Avg Shares
45
46
41
56
77
64
61
168
175
163
270
413
2,456
3,758
4,241
3,868
4,505
Sales/Revenue/Turnover
-1.71
-14.59
-20.78
4.8
21.7
16.4
0.98
17.67
15.77
-9.04
4.3
12.67
15.29
20.95
19.81
15.41
15.48
Operating Margin (%)
3
3
4
3
3
3
3
22
29
30
30
31
206
322
447
445
465
Depreciation Expense
1
-5
-7
2
13
14
10
54
4
-61
17
77
156
1,433
562
241
41
Net Income, GAAP
21.18
- -
- -
20.72
20.21
11.27
- -
- -
- -
- -
- -
- -
59.1
- -
38.71
42.99
91.43
Effective Tax Rate (%)
1.26
-11.61
-17.54
3.63
16.84
22.07
15.79
32.12
2.24
-37.35
6.31
18.59
6.33
38.13
13.24
6.23
0.91
Profit Margin (%)
25
20
13
15
24
154
-205
-149
-220
-231
-45
-12
464
887
1,736
1,438
1,356
Working Capital
- -
- -
- -
- -
- -
165
170
219
118
174
27
17
27
31
16
5
4
LT Debt
53
47
38
40
53
165
175
229
233
172
491
567
3,090
5,734
7,811
7,577
8,070
Total Equity
-1.14
- -
- -
5.21
27.7
4.33
- -
- -
- -
- -
- -
- -
7.75
- -
7.29
4.04
0.79
Return on Invested Capital (%)
1.06
- -
- -
5.12
27.62
7.08
- -
- -
- -
- -
- -
- -
9.31
- -
8.35
3.13
0.56
Return on Capital (%)
1.07
-10.68
-16.99
5.13
27.67
13.01
5.64
26.76
1.7
-30.17
5.15
14.54
8.51
32.48
8.29
3.13
0.56
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
2
192
LT Borrowings
- -
- -
- -
LT Finance Leases
5
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
400
400
400
Market Capitalization
5,192
6,596
5,204

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,498
2,725
2,703
Cash, Cash Equivalents & STI
1,066
892
797
Accounts Receivable, Net
885
857
1,134
Inventories
463
876
688
Total Current Liabilities
1,060
1,508
1,347
Payables & Accruals
- -
- -
- -
ST Debt
2
2
192
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
77.75%
115.92%
-2.99%
Free Cash Flow
-263.66%
-375.63%
-103.85%
Net Income, GAAP
-28.97%
231.21%
-57.1%
Sales/Revenue/Turnover
83.77%
120.8%
-8.8%
Total Cash Common Dividend
- -
- -
86.78%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
756
907
1,174
982
4,241
2025
898
982
1,053
1,234
3,868
2026
926
1,292
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.49
0.09
0.59
1.4
2025
0.29
-0.33
0.19
0.42
0.6
2026
-0.18
-0.33
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.04
0.03
0.63
2025
- -
- -
-0.21
0.05
1.18
2026
- -
- -
- -
- -
- -
Business
Afyon Cimento Sanayii T.A.S. is a Turkey-based building materials manufacturer primarily engaged in the production, processing, and commercial distribution of clinker, cement, and ready-mixed concrete products. Founded in 1954 and headquartered in Afyonkarahisar, Turkey, the company operates as a subsidiary of Cimsa Cimento Sanayi ve Ticaret A.S. under the umbrella of Haci Omer Sabanci Holding A.S. The company manufactures and supplies a specialized portfolio of cementitious and building materials, structured into product categories that include standard and high-early-strength Portland cements (such as CEM I 42.5 R and CEM I 52.5 N); Portland composite and limestone cements (such as CEM II/A-LL 42.5 R, CEM II/B-LL 32.5 R, and CEM II/B-M 32.5 R); pozzolanic and blended hydraulic cements; grey Portland clinker; and ready-mixed concrete solutions spanning standard and high-durability strength classes designed for infrastructure, industrial, residential, and commercial construction applications. Afyon Cimento primarily caters to regional construction and infrastructure markets across Central Anatolia, the Aegean, and Mediterranean regions of Turkey, while distributing selected volumes to overseas markets. In recent operational and strategic developments, the company has implemented extensive energy transition and sustainability initiatives, including the installation of rooftop and ground-mounted solar photovoltaic systems at its manufacturing facilities to increase self-generated renewable energy capacity and reduce grid dependency. In addition, Afyon Cimento has expanded its co-processing of alternative fuels and secondary raw materials to lower kiln carbon emissions, upgraded automation and digital control systems across its clinker grinding lines, and broadened its low-clinker green cement product lineup in accordance with Sabanci Group's overarching decarbonization and circular economy roadmap.