Aksa Enerji Uretim A.S.

Aksa Enerji Uretim A.S.

BBIST:AKSEN
59.65
TRY
-6.55
(-9.89%)
3.40EPS
29.96P/E
99.64BMarket Cap
Nov 10Next Earn
Aksa Enerji Uretim A.S.
BIST:AKSEN
(Istanbul Exchange)

Recent

price

59.65

P/E

ratio

29.96

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
0.79
1.14
1.5
1.46
1.6
1.87
2.59
2.94
3.81
4.55
5.9
11.32
71.03
41.41
33.77
34.56
32.64
Revenue per Share
0.06
-0.11
0.18
-0.11
0.03
-0.18
-0.3
0.29
0.02
0.27
0.38
1.37
4.55
6.47
2.14
2.98
2.71
Basic EPS, GAAP
-0.19
-0.13
0.07
0.13
0.29
-0.1
-0.08
-0.08
-0.35
0.56
0.79
-1.49
-1.8
3.96
-6.34
-5.31
-6.73
Free Cash Flow per Basic Share
0.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.06
1.68
1.97
- -
- -
Dividend per Share
0.8
0.69
0.98
0.87
0.88
0.72
0.4
1.31
1.33
2.85
3.44
7.87
24.08
37.36
43.38
48.57
55.9
Book Value per Share
0.79
0.68
0.97
0.87
0.87
0.71
0.35
1.25
1.26
2.77
3.35
7.69
23.48
36.05
41.65
45.75
52.72
Tangible Book Value per Share
1,155
1,155
1,226
1,226
1,226
1,230
1,226
1,226
1,226
1,226
1,226
1,226
1,226
1,226
1,226
1,226
1,228
Basic Weighted Avg Shares
912
1,315
1,841
1,786
1,957
2,307
3,178
3,599
4,669
5,579
7,231
13,887
87,102
50,782
41,412
42,385
40,100
Sales/Revenue/Turnover
12.8
12.05
11.67
10.88
10.79
12.76
7.61
7.66
14.01
17.33
14.55
13.59
11.17
18.24
17.06
21.49
24.79
Operating Margin (%)
72
93
105
112
121
147
191
225
394
485
466
568
2,395
2,233
2,638
3,287
3,517
Depreciation Expense
69
-122
220
-133
39
-219
-368
357
26
329
470
1,680
5,582
7,936
2,627
3,652
3,332
Net Income, GAAP
16.61
- -
2.92
- -
- -
- -
- -
- -
16.3
17.43
21.06
23.55
23.05
14.5
37.25
42.12
42.88
Effective Tax Rate (%)
7.61
-9.27
11.95
-7.46
2.01
-9.51
-11.58
9.93
0.56
5.9
6.5
12.1
6.41
15.63
6.34
8.62
8.31
Profit Margin (%)
318
20
233
-130
-447
-630
-616
-670
-397
-260
166
857
5,651
4,800
-9,032
-6,247
-12,760
Working Capital
- -
891
756
1,063
1,380
1,852
1,618
1,295
1,601
1,177
910
2,503
6,369
7,554
19,414
34,659
39,739
LT Debt
919
797
1,203
1,071
1,079
881
490
1,661
1,818
3,819
4,625
10,584
32,414
50,007
58,287
65,131
74,809
Total Equity
12.92
- -
8.36
- -
- -
- -
- -
- -
10.75
12.51
10.87
12.6
24.68
14
5.3
5.12
5.04
Return on Invested Capital (%)
31.74
- -
13.47
- -
- -
- -
- -
- -
7.28
9.6
10.07
16.18
19.81
15.36
4.58
3.7
3.08
Return on Capital (%)
9.4
-14.22
21.98
-11.72
3.67
-22.33
-53.47
34.09
1.61
12.84
12.19
24.22
28.49
21.07
5.31
6.48
5.67
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
19,765
21,962
23,608
LT Borrowings
34,451
35,169
39,541
LT Finance Leases
208
183
199
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,226
1,226
1,226
Market Capitalization
88,910
94,551
99,640

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
19,991
18,453
20,101
Cash, Cash Equivalents & STI
6,520
4,394
3,870
Accounts Receivable, Net
7,648
7,179
8,502
Inventories
2,224
2,512
3,236
Total Current Liabilities
26,238
29,316
32,860
Payables & Accruals
- -
- -
- -
ST Debt
19,765
21,962
23,608
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
75.27%
83.53%
11.74%
Free Cash Flow
-77.54%
-172.87%
-16.16%
Net Income, GAAP
148.63%
100.79%
39.02%
Sales/Revenue/Turnover
69.13%
112.29%
2.35%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,095
8,075
10,930
10,006
41,412
2025
12,602
13,029
9,533
11,277
42,385
2026
9,954
9,336
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.82
0.79
0.72
-0.24
2.14
2025
0.43
1
0.78
1.01
2.98
2026
0.46
0.46
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.13
0.09
1.97
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Aksa Enerji Üretim A.S. operates as an independent power producer primarily engaged in the generation and sale of electricity with a comprehensive portfolio that includes energy production from coal, fuel oil, biogas, natural gas, wind, and hydroelectric sources. The company manufactures and operates approximately 30 power plants across Turkey, Asia, and Africa, serving diverse markets with a broad spectrum of energy solutions. Aksa Enerji undertakes the entire lifecycle of power plant projects, including design, procurement, construction, and operation, emphasizing sustainability, efficiency, and technological innovation. Founded in 1997 and headquartered in Istanbul, Turkey, Aksa Enerji functions as a subsidiary of Kazancı Holding and holds a significant position in the independent power producer sector. Recent strategic developments include the acquisition of majority shares in DeltaGen, a South Africa-based manufacturer of gen-sets and renewable energy systems, enhancing Aksa Enerji's production capacity and market presence in Southern and Central Africa. The company signed a 20-year guaranteed power purchase agreement with Burkina Faso's national electricity company (Sonabel) and commenced a project to build a 119 MW fuel oil power plant in Ouagadougou, Burkina Faso, reflecting its growing footprint in African energy markets. Additionally, Aksa Enerji secured a $150 million financing agreement with the Africa Finance Corporation to fund new natural gas-powered energy facilities in Côte d’Ivoire, Ghana, and Senegal. The company is also expanding its capacity in the Republic of the Congo by upgrading the Djeno gas-to-power plant to 100 MW. These initiatives are part of Aksa Enerji’s broader strategy to strengthen its global presence, particularly in Africa, and to advance sustainable and accessible energy solutions. Aksa Enerji’s product and service offerings include electricity generation across various fuel types; power plant design, construction, and operational management; and provision of innovative energy solutions tailored to industrial, commercial, and governmental clients. The company operates within several countries including Turkey, multiple African nations such as Ghana, Senegal, Burkina Faso, Republic of the Congo, and regions in Asia. Its continuous focus on expanding renewable energy and gas-powered projects aligns with global sustainability trends and the company’s strategic growth objectives. These comprehensive operational and strategic expansions position Aksa Enerji Üretim A.S. as a leading global energy company with a diversified energy production portfolio, a sustained focus on innovation, and strategic growth particularly in emerging markets across Africa and Asia. The firm maintains a robust financial and operational structure supporting its long-term ambitions in the energy sector.