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Bak Ambalaj Sanayi ve Ticaret A.S.

Bak Ambalaj Sanayi ve Ticaret A.S.

BBIST:BAKAB
26.24
TRY
-0.44
(-1.65%)
-0.12EPS
3.65BMarket Cap
Bak Ambalaj Sanayi ve Ticaret A.S.
BIST:BAKAB
(Istanbul Exchange)

Recent

price

26.24

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
1.7
2.47
2.65
2.74
3.41
3.93
4.24
4.87
6.31
6.53
8.27
12.44
53.08
68.56
80.66
81.18
90.11
Revenue per Share
0.12
0.23
0.14
0.09
0.11
0.04
0.15
0.44
0.5
0.17
0.42
1.06
1.67
0.76
-5.39
-2.47
-0.12
Basic EPS, GAAP
-0.05
-0.07
-0.18
-0.04
-0.02
-0.24
-0.16
0.07
0.32
0.5
0.39
-0.55
-7.17
2.96
4.66
-1.64
3.2
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.22
- -
0.07
0.15
0.21
0.04
0.22
0.79
- -
- -
- -
- -
Dividend per Share
1.02
1.25
1.39
1.64
1.76
1.57
1.69
2
2.68
2.72
3.2
4.76
22.46
38.22
42.36
38.29
45.57
Book Value per Share
1.01
1.24
1.37
1.63
1.75
1.55
1.66
1.97
2.58
2.59
3.07
4.62
21.86
37.24
40.91
36.73
43.81
Tangible Book Value per Share
72
72
72
72
72
72
72
72
72
72
72
72
72
72
71
71
72
Basic Weighted Avg Shares
122
178
191
197
246
283
306
351
454
470
595
896
3,822
4,936
5,737
5,774
6,458
Sales/Revenue/Turnover
8.12
11.54
8.08
6.09
4.95
3.46
7.34
13.09
15.4
5.96
10.1
7.68
-1.63
3.67
-2.58
-0.09
-0.04
Operating Margin (%)
5
6
7
8
9
10
10
11
15
18
19
21
158
221
313
321
320
Depreciation Expense
9
17
10
7
8
3
11
31
36
13
31
76
120
55
-384
-175
-9
Net Income, GAAP
16.18
21.03
20.35
16.16
24.64
30.75
21.53
21
21.46
21.13
21.83
0.55
- -
61.81
- -
- -
- -
Effective Tax Rate (%)
7.28
9.34
5.31
3.34
3.09
0.93
3.54
8.93
7.92
2.66
5.14
8.5
3.15
1.11
-6.69
-3.04
-0.14
Profit Margin (%)
27
48
28
46
43
41
50
19
64
59
109
134
754
832
542
413
581
Working Capital
5
15
13
29
19
37
61
36
57
52
71
106
717
696
483
332
359
LT Debt
74
90
100
118
127
113
120
142
187
190
223
332
1,567
2,667
3,050
2,757
3,281
Total Equity
10.32
16.45
9.98
8.46
5.3
3.86
9.72
16.74
22.5
8.04
15.86
17.27
- -
6.76
- -
- -
- -
Return on Invested Capital (%)
11.38
18.38
9.28
5.68
5.53
3.05
8.3
15.07
14.62
5.17
10.36
18.1
- -
3.6
- -
- -
- -
Return on Capital (%)
12.91
20.3
10.64
6.03
6.18
2.18
9.28
23.93
21.86
6.64
14.8
27.44
12.66
2.58
-13.42
-6.04
-0.3
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
706
853
720
LT Borrowings
328
315
354
LT Finance Leases
5
3
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
72
72
72
Market Capitalization
2,686
2,860
3,650

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,615
3,133
3,404
Cash, Cash Equivalents & STI
230
558
469
Accounts Receivable, Net
1,435
1,555
1,589
Inventories
796
840
1,119
Total Current Liabilities
2,202
2,594
2,823
Payables & Accruals
- -
- -
- -
ST Debt
706
853
720
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
57.11%
99.15%
-9.6%
Free Cash Flow
93.01%
149.55%
-135.16%
Net Income, GAAP
-10.84%
-141.02%
-54.27%
Sales/Revenue/Turnover
50.56%
84.62%
0.64%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,306
1,216
1,454
1,194
5,737
2025
1,472
1,825
1,467
1,540
5,774
2026
1,687
1,764
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.5
-2.44
-1.68
-1.3
-5.39
2025
-1.58
-0.46
-0.34
-0.36
-2.47
2026
0.64
-0.08
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Bak Ambalaj Sanayi ve Ticaret A.S. is a Turkey-based packaging manufacturer engaged in the design, production, and distribution of printed, unprinted, and multi-layer laminated flexible packaging solutions. A member of Bakioglu Holding A.S., the company operates advanced manufacturing facilities situated in the Izmir Ataturk Organized Industrial Zone and supplies high-barrier flexible packaging to multinational and regional brand owners across the food, beverage, personal care, and industrial sectors. The company manufactures and converts a comprehensive range of flexible packaging products, including rotogravure-printed flexible films supporting up to 11-color printing; flexographic-printed substrates with up to 10-color printing capabilities; solvent-based and solvent-free multi-layer barrier laminates comprising up to four layers; cold-seal applied packaging for temperature-sensitive confectionery; perforated and plain wicketed bags for fresh bread and hygiene articles; shrink and stretch sleeves for bottle and container labeling; pre-formed pouch solutions including stand-up doypacks, side-gusseted bags, and flat-bottom pouches; laser-scribed easy-open and modified atmosphere packaging (MAP) films; and specialized rollstock engineered for high-speed automated form-fill-seal (FFS) packaging lines. These solutions cater to end-market applications such as biscuits, bakery, chocolate, confectionery, savory snacks, nuts, pasta, pulses, dry goods, frozen foods, coffee, tea, powdered beverages, pet food, detergents, home care, personal hygiene, and specialty chemicals. Founded in 1973 and headquartered in Izmir, Turkey, Bak Ambalaj exports between 70% and 80% of its total output to over 40 countries across Western Europe, the Americas, and the Middle East, maintaining international commercial, administrative, and logistics subsidiaries including Bak Flexibles B.V. in the Netherlands. In recent strategic developments, the company expanded its European operational footprint by establishing Bak Flexibles Germany in Dusseldorf to provide direct commercial and technical support across the DACH region; accelerated its sustainable product pipeline through the rollout of the Reborn mono-material recyclable packaging range and refill-oriented pouch formats designed to comply with EU Packaging and Packaging Waste Regulation (PPWR) standards; attained International Sustainability and Carbon Certification (ISCC Plus) verification and EcoVadis sustainability rating credentials for circular raw material tracking; and executed machinery modernization programs across its Izmir conversion and printing lines to expand production capacity, optimize energy efficiency, and advance corporate ESG standards under TSRS reporting frameworks.