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    Electric utilities
Dogu Aras Enerji Yatirimlari AS

Dogu Aras Enerji Yatirimlari AS

BBIST:ARASE
70.75
TRY
-5.75
(-7.52%)
3.89EPS
9.95P/E
9.69BMarket Cap
2018 Y
2019 Y
2020 Y
TTM
Revenue per Share
6.85
8.1
11.06
44.84
Basic EPS, GAAP
0.86
1.71
1.85
3.89
Free Cash Flow per Basic Share
0.45
1.55
2.21
-0.97
Dividend per Share
- -
0.38
0.49
- -
Book Value per Share
1.77
3.09
4.45
8.41
Tangible Book Value per Share
0.88
2.26
3.67
7.72
Basic Weighted Avg Shares
250
250
250
250
Sales/Revenue/Turnover
1,713
2,025
2,764
11,209
Operating Margin (%)
14.68
11.2
14.68
11.9
Depreciation Expense
13
27
46
27
Net Income, GAAP
214
428
462
973
Effective Tax Rate (%)
13.97
9.55
- -
7.56
Profit Margin (%)
12.52
21.13
16.71
8.68
Working Capital
-196
-69
178
307
LT Debt
261
180
126
741
Total Equity
442
773
1,113
2,103
Return on Invested Capital (%)
- -
41.86
- -
- -
Return on Capital (%)
- -
51.57
- -
- -
Return on Common Equity (%)
- -
70.42
48.94
- -

Capital Structure

TRY

•

in mil. unless spec.
Mar'21
Jun'21
Sep'21
ST Debt
39
146
165
LT Borrowings
191
378
740
LT Finance Leases
5
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
250
250
250
Market Capitalization
5,862
5,672
9,688

Working Capital

TRY

•

in mil. unless spec.
Mar'21
Jun'21
Sep'21
Total Current Assets
2,284
2,508
2,511
Cash, Cash Equivalents & STI
31
130
219
Accounts Receivable, Net
1,050
1,135
1,085
Inventories
46
66
72
Total Current Liabilities
1,792
2,025
2,203
Payables & Accruals
- -
- -
- -
ST Debt
39
146
165
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
43.94%
Free Cash Flow
- -
- -
42.19%
Net Income, GAAP
- -
- -
7.92%
Sales/Revenue/Turnover
- -
- -
36.52%
Total Cash Common Dividend
- -
- -
26.97%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
- -
- -
- -
- -
2,764
2021
3,448
3,658
1,481
2,623
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
- -
- -
- -
- -
1.85
2021
0.91
0.29
0.42
2.28
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
- -
- -
- -
- -
0.49
2021
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Umit Kiler
Full Time Employees
921
Sector
Utilities
Industry
Electric utilities
Address
Murat Pasa Neighborhood Erzurum EZ Turkey 25050
IPO Date
Nov 11, 2021
Website
doguaras.com
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Business
Dogu Aras Enerji Yatirimlari AS (ARASE.IS) operates as an energy investment company focused on renewable energy projects, primarily developing, constructing, and operating hydroelectric power plants in Turkey. The company offers engineering, procurement, and construction (EPC) services for hydropower facilities; electricity generation and sales through its operational plants; and energy project development including feasibility studies, permitting, and financing arrangements. Its portfolio includes small to medium-sized hydroelectric plants with capacities ranging from several megawatts, emphasizing sustainable energy production in regions with favorable hydro resources such as eastern and central Anatolia. Founded in 2012 and headquartered in Istanbul, Turkey, Dogu Aras primarily serves the Turkish electricity market, selling power under long-term take-or-pay contracts with state utilities like Enerji Piyasasi Isletme AS (EPIAS). The company operates exclusively within Turkey, targeting utility-scale renewable energy infrastructure to contribute to the nation's green energy transition. In recent developments, Dogu Aras expanded its operational capacity through the commissioning of a new 15 MW hydroelectric plant in 2024, enhancing its total installed capacity to over 100 MW; it also secured a strategic partnership with a major Turkish construction firm for accelerated project execution on two upcoming hydro developments in 2025.