Bagfas Bandirma Gubre Fabrikalari A.S.

Bagfas Bandirma Gubre Fabrikalari A.S.

BBIST:BAGFS
17.42
TRY
-0.48
(-2.68%)
0.18EPS
27.34P/E
614.25MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
2.82
3.13
2.84
2.63
3.67
3.97
4.13
2.84
6.94
8.25
38.46
55.38
21.35
2.73
Basic EPS, GAAP
0.64
0.21
0.02
0.27
1.86
-0.3
-0.08
-0.86
0.65
-0.33
3.43
12.31
-11.16
0.18
Free Cash Flow per Basic Share
-0.01
-0.55
-0.91
-1.5
-0.94
0.46
0.42
-0.26
1.42
2.25
11.49
-5.47
0.01
-1.39
Dividend per Share
- -
- -
0.09
- -
0.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.06
1.99
1.78
2.34
4.16
3.86
3.77
2.89
3.54
3.17
4.85
46.47
34.82
2.34
Tangible Book Value per Share
2.06
1.99
1.78
2.34
4.16
3.85
3.76
2.88
3.54
3.16
4.85
46.45
34.8
2.34
Basic Weighted Avg Shares
115
116
116
126
126
126
126
126
126
126
45
135
135
121
Sales/Revenue/Turnover
325
364
330
330
461
499
520
357
872
1,037
1,740
7,477
2,882
330
Operating Margin (%)
22.2
6.88
-9.94
6.41
11.68
6.77
12.96
-2.15
14.35
14.26
35.86
19.06
-34.51
6.38
Depreciation Expense
10
10
10
12
15
39
42
45
50
48
53
467
479
12
Net Income, GAAP
74
24
2
34
234
-38
-10
-108
82
-41
155
1,662
-1,507
22
Effective Tax Rate (%)
20
7.97
13.19
12.78
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.19
Profit Margin (%)
22.71
6.57
0.63
10.18
50.78
-7.53
-1.97
-30.2
9.38
-3.97
8.93
22.22
-52.3
6.55
Working Capital
165
108
84
81
21
45
32
-12
9
141
-32
1,493
591
81
LT Debt
- -
29
184
310
356
371
413
509
563
692
761
1,055
1,315
310
Total Equity
237
231
207
294
523
485
474
363
445
398
655
6,273
4,700
294
Return on Invested Capital (%)
25.29
14.84
-1.6
2.93
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.18
Return on Capital (%)
34.83
9.97
0.68
6.74
- -
- -
- -
- -
- -
- -
- -
- -
- -
4.4
Return on Common Equity (%)
34.89
10.2
0.95
13.41
57.25
-7.46
-2.13
-25.75
20.25
-9.77
29.51
47.97
-27.47
8.63

Capital Structure

TRY

•

in mil. unless spec.
Jun'14
Sep'14
Dec'14
ST Debt
3
4
4
LT Borrowings
312
318
310
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
116
126
126
Market Capitalization
445
515
614

Working Capital

TRY

•

in mil. unless spec.
Jun'14
Sep'14
Dec'14
Total Current Assets
237
226
197
Cash, Cash Equivalents & STI
101
107
65
Accounts Receivable, Net
37
28
10
Inventories
68
63
98
Total Current Liabilities
135
104
115
Payables & Accruals
- -
- -
- -
ST Debt
3
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
99.58%
181.82%
-25.07%
Free Cash Flow
-112.22%
-168.81%
-100.24%
Net Income, GAAP
285.72%
-4.96%
-190.7%
Sales/Revenue/Turnover
52%
99.88%
-61.46%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
1,740
2022
- -
- -
- -
- -
7,477
2023
- -
- -
- -
- -
2,882

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
3.43
2022
- -
- -
- -
- -
12.31
2023
- -
- -
- -
- -
-11.16

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

CEO
Yahya Kemal Gençer
Full Time Employees
218
Sector
Process industries
Industry
Chemicals: agricultural
Address
BAGFAS Building Istanbul IB Turkey 34433
IPO Date
Jan 3, 1986
Business
Bagfas Bandirma Gubre Fabrikalari A.S. is a leading Turkish manufacturer of chemical fertilizers, established in 1969 and headquartered in Istanbul, Turkey. The company operates one of Turkey's first integrated fertilizer production facilities, including acid and fertilizer plants. Its main products include Calcium Ammonium Nitrate (CAN), Granular Stabilized Ammonium Nitrate (AN), ammonium nitrate, di-ammonium phosphate (DAP), sulphuric acid, phosphoric acid, and composite fertilizers such as NPK and superphosphates. Bagfas serves both domestic agricultural markets in Turkey and exports its products internationally across multiple continents. The company is noted for its environmentally conscious production processes and commitment to high product quality aimed at improving agricultural productivity. In recent developments, Bagfas commenced production of Granular Calcium Ammonium Nitrate, expanding its product portfolio in 2025. The company has maintained a focus on strategic product development and operational efficiencies amid fluctuating financial performance in the fertilizer sector. Bagfas continues to adapt to market demands while supporting Turkish agriculture with competitive pricing and a comprehensive range of chemical fertilizers. Its ongoing operational improvements and product launches underscore its role as a key supplier in the chemical fertilizer industry in Turkey and abroad.