Alkim Kagit Sanayi ve Ticaret A.S.

Alkim Kagit Sanayi ve Ticaret A.S.

BBIST:ALKA
4.87
TRY
-0.33
(-6.35%)
0.08EPS
5.21P/E
298.20MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.16
0.17
0.2
0.24
0.32
0.48
0.53
0.54
0.95
4.82
4.69
4.86
3.93
0.52
Basic EPS, GAAP
0.01
-0.01
0.01
0.04
0.04
0.06
0.06
0.11
0.25
0.66
0.18
-0.25
-0.15
0.08
Free Cash Flow per Basic Share
0.01
- -
0.02
0.03
0.03
- -
0.07
0.04
0.21
0.05
1.19
-0.92
-0.77
0.1
Dividend per Share
0.01
0.01
- -
- -
0.03
0.03
0.04
0.02
0.1
0.26
0.28
- -
- -
- -
Book Value per Share
0.14
0.12
0.13
0.17
0.17
0.21
0.22
0.28
0.47
1.8
2.48
2.99
2.83
0.2
Tangible Book Value per Share
0.14
0.12
0.13
0.17
0.17
0.21
0.22
0.28
0.47
1.79
2.47
2.98
2.82
0.2
Basic Weighted Avg Shares
735
735
735
735
735
735
735
735
735
735
735
735
735
735
Sales/Revenue/Turnover
116
126
150
177
236
353
388
399
701
3,545
3,450
3,569
2,886
379
Operating Margin (%)
2.01
-9.41
-0.11
12.96
12
14.69
13.44
20.51
19.22
26.02
18.43
5.89
4.54
19.5
Depreciation Expense
6
6
6
6
6
6
5
4
4
38
47
55
51
5
Net Income, GAAP
4
-7
10
26
27
47
44
84
184
482
131
-184
-108
57
Effective Tax Rate (%)
21.51
- -
8.9
20.03
20.48
22.29
22
21.49
23
35.29
54.81
- -
2,235.4
21.79
Profit Margin (%)
3.6
-5.48
6.73
14.97
11.57
13.41
11.45
21
26.3
13.58
3.79
-5.16
-3.73
15.09
Working Capital
58
49
70
98
103
127
142
192
334
1,033
1,104
723
56
126
LT Debt
5
3
5
2
- -
- -
- -
- -
- -
- -
- -
122
76
- -
Total Equity
103
89
98
123
128
151
162
209
346
1,321
1,821
2,195
2,080
146
Return on Invested Capital (%)
4.93
- -
6.99
27.99
24.63
49.62
34.79
49.44
62.25
86.66
24.39
- -
-143.74
48.9
Return on Capital (%)
3.68
- -
9.25
19.42
18.82
33.05
27.41
41.28
66.44
58.13
8.35
- -
-32.87
37.37
Return on Common Equity (%)
4.07
-7.23
10.84
23.89
21.69
33.9
28.38
45.07
66.44
57.79
8.32
-9.17
-5.04
42.18

Capital Structure

TRY

•

in mil. unless spec.
Sep'19
Dec'19
Mar'20
ST Debt
63
36
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
735
735
735
Market Capitalization
214
293
298

Working Capital

TRY

•

in mil. unless spec.
Sep'19
Dec'19
Mar'20
Total Current Assets
225
212
221
Cash, Cash Equivalents & STI
1
103
72
Accounts Receivable, Net
159
56
78
Inventories
44
37
57
Total Current Liabilities
98
70
95
Payables & Accruals
- -
- -
- -
ST Debt
63
36
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.43%
80.1%
-5.25%
Free Cash Flow
428.07%
457.59%
-16.28%
Net Income, GAAP
24.64%
-14.78%
-41.52%
Sales/Revenue/Turnover
57.64%
92.63%
-19.14%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3,450
2024
- -
- -
- -
- -
3,569
2025
- -
- -
- -
- -
2,886

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.18
2024
- -
- -
- -
- -
-0.25
2025
- -
- -
- -
- -
-0.15

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.28
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

CEO
Mehmet Tekin Salt
Sector
Process industries
Industry
Pulp & paper
Address
Kemalpasa Turkey
IPO Date
Nov 2, 2000
Business
Alkim Kagit Sanayi ve Ticaret A.S. is a Turkey-based manufacturing company primarily engaged in the production, processing, and distribution of high-grade wood-free printing, writing, coated, and specialty paper products. The company operates as a key subsidiary of Alkim Alkali Kimya A.S. and serves commercial printers, publishers, stationery converters, packaging fabricators, and corporate end-users across domestic and international markets. The company's product portfolio is organized into four core segments: wood-free offset papers, comprising first-quality offset writing and printing papers, continuous form papers, and bristol board; coated papers, including one-side and two-side coated glossy, matte, and label-base papers; office papers, featuring cut-size A4 and A3 copying and multifunction xerographic papers commercialized under proprietary brand names such as Platinum Copy, Gold Copy, Best Copy, and All Copy; and technical and specialty papers, encompassing envelope papers, drafting and drawing papers, blueprint media, optical mark reader papers, shopping bag kraft papers, ivory board, chamois papers, interleaving grades, and wallpaper base substrates. Alkim Kagit was founded in 1996 as part of the broader industrial operations of the Alkim Group, tracing its chemical and mineral heritage to 1948, and commenced manufacturing operations in 1997. The company is headquartered in Kemalpasa, Izmir, Turkey, where it maintains an integrated production and converting complex equipped with computerized distributed control systems (DCS) and quality control systems (QCS). In addition to supplying its domestic market, Alkim Kagit exports a significant portion of its output to more than 30 countries throughout Europe, the Balkans, the Middle East, Central Asia, and Africa. In recent operational and corporate developments, Alkim Kagit has undertaken a major multi-phase capital expansion program to install a second high-capacity paper production line at its Kemalpasa manufacturing facility. This strategic investment is designed to raise the company's total annual output capacity from approximately 90,000 metric tons to 210,000 metric tons and broaden its substance range from 60 grams per square meter to 400 grams per square meter. To support the funding of the machinery installation, commissioning phases, and corresponding working capital requirements, the company approved a targeted equity capital increase from TRY 735,000,000 to TRY 955,500,000, fully backed by financial capital commitments from its parent entity, Alkim Alkali Kimya A.S.