Alves Kablo Sanayi ve Ticaret A. S.

Alves Kablo Sanayi ve Ticaret A. S.

BBIST:ALVES
0.49
TRY
-0.02
(-3.92%)
0.06EPS
51.58P/E
5.15BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.1
0.26
0.51
2.89
4.41
6.04
7
Basic EPS, GAAP
- -
0.01
0.03
0.26
0.09
0.06
0.06
Free Cash Flow per Basic Share
-0.03
0.03
-0.05
-0.26
-0.69
-0.89
-0.57
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.01
-0.01
0.12
0.6
1.63
1.7
1.88
Tangible Book Value per Share
0.01
-0.01
0.12
0.58
1.59
1.65
1.83
Basic Weighted Avg Shares
1,600
1,600
1,600
1,600
1,600
1,600
1,575
Sales/Revenue/Turnover
166
423
809
4,626
7,062
9,665
11,022
Operating Margin (%)
-0.07
6
8.45
15.27
16.65
20.1
19.36
Depreciation Expense
1
1
1
63
164
205
246
Net Income, GAAP
2
16
44
421
136
103
98
Effective Tax Rate (%)
- -
- -
- -
15.06
- -
68.49
75.36
Profit Margin (%)
1.33
3.81
5.44
9.1
1.93
1.06
0.89
Working Capital
1
-43
-14
160
656
818
798
LT Debt
23
14
29
62
83
94
77
Total Equity
21
-10
196
960
2,615
2,716
3,005
Return on Invested Capital (%)
- -
- -
- -
46.23
- -
11.25
8.72
Return on Capital (%)
- -
- -
- -
46.14
- -
10.2
8.79
Return on Common Equity (%)
- -
- -
- -
72.81
7.62
3.86
3.77

Capital Structure

TRY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,513
3,363
4,105
LT Borrowings
447
30
34
LT Finance Leases
69
65
44
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,600
1,600
1,600
Market Capitalization
4,854
4,109
5,152

Working Capital

TRY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,727
6,038
6,797
Cash, Cash Equivalents & STI
204
236
182
Accounts Receivable, Net
1,879
1,645
2,277
Inventories
1,723
2,931
2,976
Total Current Liabilities
3,929
5,220
6,000
Payables & Accruals
- -
- -
- -
ST Debt
2,513
3,363
4,105
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-340.06%
3.89%
Free Cash Flow
- -
41.12%
29.87%
Net Income, GAAP
- -
314.33%
-24.41%
Sales/Revenue/Turnover
- -
161.55%
36.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,698
1,173
1,497
1,544
7,062
2025
1,887
2,692
2,678
2,544
9,665
2026
3,109
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
-0.11
0.09
-0.02
0.09
2025
0.01
0.03
- -
0.02
0.06
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Nejat Namik Bocnak
Full Time Employees
170
Sector
Producer manufacturing
Industry
Electrical products
Address
Fatih Mah. Karatay Cad. No: 6 Kahramankazan AN Turkey 06980
IPO Date
Feb 29, 2024
Business
Alves Kablo Sanayi ve Ticaret AS (ALVES.IS), formerly Alves Enerji Kablo Uretim Sanayi ve Dis Ticaret AS, manufactures and wholesales energy cables up to 3 kilovolts in Turkey and internationally; core products include installation cables, underground cables, armored cables, halogen-free cables, aluminum cables, solar energy cables, control cables, custom cables, grounding cables, lightning rod conductors, vehicle charging station cables, and renewable energy transmission cables, produced from 8 mm electrolytic copper wires in ISO 9001, ISO 14001, and ISO 45001 certified facilities. Founded in 2014 by Deniz Karamercan and Hikmet Alabicak and headquartered in Kahramankazan, Ankara, the company serves public projects, industrial clients, automotive, defense, marine, petrochemical, construction, automation, and telecommunications sectors with operations focused on Turkey and exports to multiple countries. Its second factory became operational in late 2023, copper smelting plant launched in 2025, it listed on Borsa Istanbul in February 2024 under ALVES, approved a 900% stock dividend capital increase from TRY 160 million to TRY 1.6 billion in August 2025 using internal reserves, and issued TRY 1.1 billion in asset-backed securities from February to June 2025.