Beyaz Filo Oto Kiralama AS

Beyaz Filo Oto Kiralama AS

BBIST:BEYAZ
13.29
TRY
-0.43
(-3.13%)
-0.96EPS
2.55BMarket 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
1.39
3.36
4.09
6.51
15.61
6.12
8.04
13.05
14.76
56.95
151.04
198.98
202.73
210.65
Basic EPS, GAAP
0.03
-0.08
0.43
0.33
0.31
- -
0.15
0.38
0.38
0.23
1.46
-0.5
1.33
-0.96
Free Cash Flow per Basic Share
-0.1
0.76
0.63
-0.26
-1.16
0.86
-0.67
0.71
0.46
0.03
7.9
7.97
2.6
-0.97
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.72
0.18
0.13
- -
Book Value per Share
0.23
0.24
0.67
0.93
1.06
1.07
1.21
1.55
1.99
6.24
9.87
12.15
13.38
13.44
Tangible Book Value per Share
0.23
0.24
0.67
0.92
1.05
1.06
1.2
1.55
1.83
5.71
9.11
11.16
12.39
12.27
Basic Weighted Avg Shares
100
103
100
80
45
100
96
100
100
100
100
100
100
100
Sales/Revenue/Turnover
138
345
407
519
707
610
776
1,300
1,471
5,682
15,056
19,835
20,210
21,032
Operating Margin (%)
11.27
5.3
17.19
7.58
4.63
1.47
2.84
3.7
2.11
2.42
2.65
-0.01
1.96
1.6
Depreciation Expense
8
11
4
3
2
3
3
1
1
7
21
54
40
39
Net Income, GAAP
3
-9
43
26
14
- -
14
38
38
23
146
-50
132
-96
Effective Tax Rate (%)
36.84
- -
27.14
10.62
22.85
58.19
22.29
21.02
25.59
32.48
34.49
- -
48.1
231.05
Profit Margin (%)
1.84
-2.47
10.44
5.09
1.98
0.07
1.87
2.9
2.59
0.4
0.97
-0.25
0.65
-0.46
Working Capital
-72
-105
-55
1
76
76
114
138
128
384
683
481
288
66
LT Debt
99
30
8
1
15
4
- -
6
1
2
15
7
1
1
Total Equity
23
24
67
93
106
107
120
155
198
622
984
1,211
1,334
1,339
Return on Invested Capital (%)
5.12
- -
38.37
29.43
15.04
2.43
0.98
15.4
10.17
13.13
16.32
- -
10.38
-23.73
Return on Capital (%)
6.96
- -
43.38
30.32
15.43
2.76
10.88
19.43
18.8
7.88
19.84
- -
10.64
-16.11
Return on Common Equity (%)
6.72
-36.18
93.44
33.22
14.08
0.41
12.74
27.42
21.54
5.59
18.18
-4.52
10.4
-7.78

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
482
340
478
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
100
100
Market Capitalization
2,700
2,735
2,548

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,829
4,084
2,902
Cash, Cash Equivalents & STI
1,274
680
973
Accounts Receivable, Net
1,335
1,203
822
Inventories
1,201
1,261
1,056
Total Current Liabilities
3,541
3,950
2,836
Payables & Accruals
- -
- -
- -
ST Debt
482
340
478
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
42.87%
66.6%
10.16%
Free Cash Flow
2,685.86%
5,496.85%
-67.35%
Net Income, GAAP
316.43%
-0.78%
-367.09%
Sales/Revenue/Turnover
64.28%
99.62%
1.89%
Total Cash Common Dividend
- -
- -
-28.44%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,079
4,261
4,132
5,131
19,835
2025
5,371
5,731
3,876
6,994
20,210
2026
4,849
5,314
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.27
0.11
0.21
0.45
-0.5
2025
0.12
0.64
0.64
0.06
1.33
2026
-1.63
-0.03
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.18
2025
- -
- -
- -
- -
0.13
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gökhan Saygi
Full Time Employees
114
Sector
Retail trade
Industry
Specialty stores
Address
Ankara Turkey
IPO Date
Mar 28, 2012
Business
Beyaz Filo Oto Kiralama A.S. is a Turkey-based automotive, fleet leasing, and mobility solutions provider. Founded in 1993 and headquartered in Ankara, Turkey, the company specializes in long-term operational fleet leasing, multi-brand new and pre-owned vehicle distribution, after-sales maintenance and repair services, and multi-channel vehicle auction management. Beyaz Filo serves corporate clients, commercial enterprises, and retail consumers across domestic and international markets, and its shares are publicly listed on Borsa Istanbul under the ticker symbol BEYAZ. The company operates across four primary business segments: Operational Fleet Leasing, Automotive Retail and Dealership Operations, Pre-Owned Vehicle Sales and Auctions, and After-Sales Services and Mobility Solutions. In its Operational Fleet Leasing segment, the company provides customized long-term corporate vehicle leasing; end-to-end fleet administration; periodic maintenance and preventive servicing; tire and replacement vehicle management; comprehensive insurance and roadside assistance; and fleet tracking solutions. In its Automotive Retail and Dealership Operations segment, Beyaz Filo acts as an authorized dealer offering passenger cars and light commercial vehicles from major global manufacturers, including Stellantis brands (Peugeot, Opel, Citroën, and DS Automobiles) and Renault Group brands (Renault and Dacia). In its Pre-Owned Vehicle Sales and Auctions segment, the company conducts scheduled physical and digital automotive auctions through dedicated facilities such as its Ankara Akyurt hub, alongside retail used car sales, trade-in programs, and certified vehicle appraisal services. In its After-Sales Services and Mobility Solutions segment, the company provides authorized manufacturer-standard mechanical maintenance, bodywork and painting, warranty inspections, genuine spare parts distribution, and electric vehicle mobility support. In recent strategic developments, Beyaz Filo has expanded its geographic footprint and service capabilities across both domestic and international markets. In May 2026, the company established a wholly owned subsidiary in Riga, Latvia, named Beyaz Baltic Mobility SIA, marking its direct entry into the European market. Through this entity, Beyaz Filo entered into an official importer and distribution agreement with Leapmotor International, a joint venture of Stellantis NV, to distribute Leapmotor electric vehicles and provide after-sales mobility services across the Baltic region, encompassing Estonia, Latvia, and Lithuania. Domestically, the company expanded its dealership and service infrastructure by incorporating Edirne Mobilite Otomotiv A.S. in late 2024 and Edremit Mobilite Otomotiv A.S. in early 2025 as wholly owned subsidiaries. Furthermore, the company reinforced the capital base of its authorized dealership subsidiary, Edirne Servis Otomotiv A.S., increasing its share capital from TRY 40 million to TRY 200 million. Beyaz Filo maintains operational hubs, showrooms, and service networks across major Turkish provinces, including Ankara, Istanbul, Balıkesir, and Edirne, alongside its international presence in the Baltic States.