CEM ZEYTIN ANONIM SIRKETI

CEM ZEYTIN ANONIM SIRKETI

BBIST:CEMZY
5.83
TRY
-0.07
(-1.19%)
-0.18EPS
32.48BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.38
0.64
1.04
1.29
1.22
1.24
Basic EPS, GAAP
0.08
0.09
0.28
0.05
-0.22
-0.18
Free Cash Flow per Basic Share
0.19
0.01
-0.21
-0.34
0.09
0.16
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
0.34
0.46
0.83
1.92
1.71
1.89
Tangible Book Value per Share
0.34
0.46
0.83
1.92
1.71
1.89
Basic Weighted Avg Shares
2,300
2,300
2,300
2,300
2,300
2,318
Sales/Revenue/Turnover
875
1,469
2,382
2,975
2,801
2,876
Operating Margin (%)
24.78
34.87
42.5
16.78
20.71
19.79
Depreciation Expense
3
4
37
63
70
74
Net Income, GAAP
184
197
642
119
-497
-416
Effective Tax Rate (%)
27.54
21.74
1.89
38.16
- -
- -
Profit Margin (%)
20.97
13.44
26.96
4.01
-17.75
-14.48
Working Capital
528
441
962
2,967
2,650
2,501
LT Debt
48
42
183
144
366
88
Total Equity
789
1,051
1,913
4,426
3,929
4,343
Return on Invested Capital (%)
- -
24.92
39.25
7.24
- -
- -
Return on Capital (%)
- -
17.18
35.16
9.84
- -
- -
Return on Common Equity (%)
- -
21.47
43.34
3.76
-11.9
-10.56

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
784
716
646
LT Borrowings
366
366
88
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,300
2,300
2,300
Market Capitalization
17,286
26,130
32,476

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,603
3,942
3,310
Cash, Cash Equivalents & STI
499
802
774
Accounts Receivable, Net
741
910
892
Inventories
2,251
2,011
1,563
Total Current Liabilities
952
879
810
Payables & Accruals
- -
- -
- -
ST Debt
784
716
646
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-11.23%
Free Cash Flow
- -
- -
-126.34%
Net Income, GAAP
- -
- -
-516.97%
Sales/Revenue/Turnover
- -
- -
-5.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
910
478
719
571
2,975
2025
928
690
589
842
2,801
2026
838
607
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
-0.01
0.02
0.01
0.05
2025
-0.12
-0.07
0.01
-0.07
-0.22
2026
0.04
-0.16
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Havran Turkey
IPO Date
Sep 9, 2024
Business
Cem Zeytin Anonim Sirketi is a Turkey-based food processing company primarily engaged in the sourcing, processing, fermentation, packaging, and distribution of table olives and olive-derived products. The company's core product portfolio encompasses a comprehensive selection of black and green table olives marketed under its proprietary Cem and Cem Zeytin brand names, as well as customized private-label production for commercial retail and foodservice clients; brine-cured and naturally fermented black olives; Gemlik-style dry-cured black olives (kuru sele); cracked and scratched green olives derived from Ayvalik and Domat varieties; stuffed green olives, including red pepper and garlic fillings; grilled and marinated specialty olives; pitted, sliced, and whole table olives; and extra virgin and refined olive oils. The company delivers its products across multiple packaging formats, including tin cans, glass jars, thermoform vacuum packs, and food-grade plastic containers. Founded in November 1994 as Okullu Gida Maddeleri Sanayi Limited Sirketi, the company converted to a joint-stock entity in 2016 and adopted its current name in September 2021. Cem Zeytin is headquartered in Havran, Balikesir, Turkey, where it operates an integrated 53,000-square-meter processing and storage complex, supplemented by an additional production site in Mut, Mersin. In recent major developments, Cem Zeytin completed its initial public offering (IPO) on Borsa Istanbul in September 2024 under the ticker symbol CEMZY, directing the proceeds toward working capital expansion, balance sheet optimization, and plant modernization. In June 2024, the company commissioned its Mut production facility in Mersin to scale aggregate annual processing capacity toward 50,000 metric tons. Additionally, the company is investing in rooftop solar photovoltaic (GES) generation systems across its facilities to improve operational energy efficiency and comply with green transition standards for export markets across Europe, the Americas, and the Middle East.