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AgeSA Hayat ve Emeklilik A.S.

AgeSA Hayat ve Emeklilik A.S.

BBIST:AGESA
200.10
TRY
-9.10
(-4.35%)
38.60EPS
6.48P/E
45.05BMarket Cap
Oct 26Next Earn
AgeSA Hayat ve Emeklilik A.S.
BIST:AGESA
(Istanbul Exchange)

Recent

price

200.10

P/E

ratio

6.48

div

yld

3.25%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
1.95
2.23
1.87
2.16
2.48
2.67
3.21
4.28
5.52
8.5
12.65
26.88
41.24
87.94
134.77
253.67
575.66
Revenue per Share
0.17
0.18
0.27
0.4
0.48
0.35
0.58
0.8
1.11
1.43
1.64
2.51
4.86
7.72
15.95
30.86
38.6
Basic EPS, GAAP
- -
- -
0.02
-0.02
0.3
0.11
0.51
0.45
0.48
3.68
4.29
5.51
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
0.13
0.19
0.15
0.22
0.16
0.11
0.24
0.51
0.51
1.11
- -
0.78
1.57
5.23
6.5
Dividend per Share
0.68
0.84
1.34
1.51
1.85
1.97
2.38
3.05
3.45
4.73
3.77
4.9
9.59
17.22
30.27
56.06
70.65
Book Value per Share
0.68
0.83
1.32
1.45
1.7
1.89
2.28
2.87
3.18
4.41
3.25
3.92
7.92
13.75
23.42
44.35
56.39
Tangible Book Value per Share
180
180
180
180
180
180
180
180
180
180
180
180
180
180
180
180
180
Basic Weighted Avg Shares
351
402
337
390
446
481
578
770
993
1,530
2,276
4,838
7,424
15,830
24,259
45,660
103,618
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
3
- -
3
4
5
4
4
7
14
31
39
61
93
150
263
475
675
Depreciation Expense
30
32
49
72
87
63
105
145
201
258
295
452
875
1,390
2,871
5,555
6,947
Net Income, GAAP
7.65
17.89
24.32
21.4
20.72
20.68
20.53
20.15
22.52
22.68
23.42
27.58
19.85
30.96
29.06
28.65
27.45
Effective Tax Rate (%)
8.48
7.96
14.63
18.38
19.53
13.08
18.17
18.8
20.19
16.84
12.96
9.34
11.78
8.78
11.84
12.17
6.7
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
21
25
22
29
51
160
207
218
LT Debt
123
151
242
272
334
355
428
549
621
852
679
882
1,726
3,100
5,449
10,090
12,717
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
26.92
22.86
24.88
27.81
28.7
18.21
26.75
29.55
34.27
34.86
37.61
55.93
65.46
56.43
65.04
69.06
68.19
Return on Capital (%)
27.44
23.31
25.1
27.87
28.78
18.25
26.82
29.62
34.27
34.97
38.52
57.87
67.06
57.6
67.18
71.5
70.45
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
117
114
101
LT Borrowings
- -
- -
- -
LT Finance Leases
207
229
218
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
180
180
180
Market Capitalization
39,816
41,076
45,045

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
20,702
21,407
24,626
Accounts Receivable, Net
403,125
443,735
449,714
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
117
114
101
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
44.48%
73.21%
85.18%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
59.2%
81.15%
93.47%
Sales/Revenue/Turnover
60.6%
84.13%
88.22%
Total Cash Common Dividend
- -
- -
234.34%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,924
4,856
6,313
7,166
24,259
2025
10,229
10,980
12,020
12,432
45,660
2026
64,115
15,051
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.63
3.45
3.98
4.9
15.95
2025
6.57
7.91
8.26
8.11
30.86
2026
9.77
12.45
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.57
2025
5.12
0.11
0.01
- -
5.23
2026
6.36
0.14
- -
- -
- -
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Business
AgeSA Hayat ve Emeklilik A.S. is a Turkey-based financial services company primarily engaged in the provision of private pension and life insurance products. The company operates through three main business segments: Private Pension, Life Insurance, and Personal Accident Insurance. Its core offerings include individual pension plans (BES), corporate group pension schemes, automatic enrollment systems (OKS), and tailored pension plans for individuals under the age of 18; term life insurance, credit-linked life insurance, return-of-premium life policies, critical illness insurance, disability coverage, and education assurance plans; personal accident insurance; and a comprehensive suite of pension investment funds spanning equity, fixed-income, precious metals, foreign currency, and ESG-themed portfolios. AgeSA distributes its products through a multi-channel network comprising an exclusive bancassurance partnership with Akbank, direct sales teams, independent agencies, corporate brokers, and digital platforms. Founded in 2007 and headquartered in Istanbul, Turkey, the company operates as a joint venture between Sabanci Holding and Ageas Insurance International N.V., with its shares publicly traded on Borsa Istanbul. In recent developments, the company underwent a major corporate rebranding to AgeSA Hayat ve Emeklilik following Ageas's acquisition of Aviva's stake, expanded its market leadership in the under-18 pension segment, enhanced its digital ecosystem with the deployment of the AgeSA Mobile platform and AI-powered advisory tools, launched thematic sustainable investment funds, and broadened its bancassurance product integration across Turkey.