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Celebi Hava Servisi A.S.

Celebi Hava Servisi A.S.

BBIST:CLEBI
1,222.00
TRY
-23.00
(-1.85%)
149.33EPS
11.20P/E
38.47BMarket 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
20.9
25.57
30.13
29.2
37.77
61.03
77.28
63.44
105.36
249.88
447.11
522.67
750.11
755.6
Basic EPS, GAAP
0.13
2.25
3.42
1.1
3.51
8.42
7.92
-6.96
21.95
44.44
68.63
146.77
149.68
141.33
Free Cash Flow per Basic Share
2.23
5.66
2.88
1.01
5.71
3.91
5.3
14.42
22.09
55.07
81.48
142.44
45.95
123.6
Dividend per Share
0.75
- -
2
3
1.25
3.15
5.3
1.98
2.38
6.75
53.72
71.41
147.5
- -
Book Value per Share
1.67
3.93
5.47
3.6
6.54
13.84
20.99
14.68
55.72
114.92
190.78
294.02
345.35
288.5
Tangible Book Value per Share
-3.69
-1.5
-0.74
-3.27
-1.85
3.01
9.25
0.76
21.92
69.93
119.29
210.98
290.13
231.14
Basic Weighted Avg Shares
24
24
24
24
24
24
24
24
24
24
24
24
24
24
Sales/Revenue/Turnover
508
621
732
710
918
1,483
1,878
1,542
2,560
6,072
10,865
12,701
18,228
18,361
Operating Margin (%)
10.9
14.64
16.06
8.04
15.51
17.92
15.22
10.32
20.65
25.79
23.21
23.76
22.77
23.72
Depreciation Expense
33
33
35
36
38
67
127
154
206
366
627
946
1,046
1,041
Net Income, GAAP
3
55
83
27
85
205
192
-169
533
1,080
1,668
3,566
3,637
3,434
Effective Tax Rate (%)
127.42
22.15
20.07
28.31
19.54
2.96
9.05
- -
10.33
20.72
32.92
9.76
9.9
12.76
Profit Margin (%)
0.6
8.78
11.34
3.78
9.3
13.8
10.24
-10.97
20.84
17.79
15.35
28.08
19.95
18.7
Working Capital
-15
-30
-5
-62
80
81
-168
-141
240
1,053
1,253
1,978
2,688
2,092
LT Debt
236
179
158
169
283
488
705
1,087
1,697
2,000
3,851
4,140
7,262
6,948
Total Equity
47
106
144
102
169
353
572
446
1,670
3,252
5,215
7,676
9,395
8,029
Return on Invested Capital (%)
-4.84
18.87
22.04
9.6
25.63
33.74
18.58
- -
14.2
23.04
20.31
20.95
21.38
21.43
Return on Capital (%)
0.24
18.6
23.37
8.68
21.2
28.33
18.92
- -
18.62
21.83
19.28
29.77
23.28
23.02
Return on Common Equity (%)
6.33
80.22
72.71
24.35
69.3
82.64
45.45
-39.04
62.37
52.09
44.9
60.55
46.82
55.85

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,446
4,101
3,814
LT Borrowings
3,591
3,363
3,091
LT Finance Leases
3,670
3,583
3,857
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
37,009
41,869
38,467

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,033
10,365
9,921
Cash, Cash Equivalents & STI
3,811
4,549
4,357
Accounts Receivable, Net
2,106
1,811
2,150
Inventories
230
212
205
Total Current Liabilities
7,345
8,221
7,829
Payables & Accruals
- -
- -
- -
ST Debt
3,446
4,101
3,814
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
68.46%
99.77%
22.4%
Free Cash Flow
83.46%
51.49%
-67.74%
Net Income, GAAP
-4.65%
-28.52%
1.98%
Sales/Revenue/Turnover
43.91%
68.52%
43.52%
Total Cash Common Dividend
118.9%
207.96%
106.55%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,526
4,632
5,807
5,213
12,701
2025
3,321
4,406
5,851
2,081
18,228
2026
4,583
5,846
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21.01
25.08
57.42
43.25
146.77
2025
20.4
7.64
57.8
57.25
149.68
2026
0.27
26.02
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
8.41
71.41
2025
- -
- -
- -
- -
147.5
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Osman Yilmaz
Full Time Employees
8,496
Sector
Transportation
Industry
Other transportation
Address
Tayakadin Mahallesi Istanbul IB Turkey 34798
IPO Date
Nov 18, 1996
Website
celebiyatirimci.com
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Business
Çelebi Hava Servisi A.S. is a Turkey-based company specializing in ground handling, cargo, and warehouse services for domestic, foreign, and charter airlines as well as private air cargo companies. Its core services include aircraft ramp handling, passenger services such as luggage reception, boarding and deboarding assistance, cargo loading and unloading, flight operations support, warehouse management, aircraft maintenance services, refueling, security services including luggage and document inspection, and premium passenger services through its Çelebi Platinum brand. The company operates primarily in Turkey across major airports including Istanbul, Ankara, Antalya, Izmir, and several others, and extends its operations internationally with recent expansion into Indonesia and plans for cargo operations in Southeast Asia. Founded in 1958 and headquartered in Istanbul, Çelebi Hava Servisi is a subsidiary of Çelebi Aviation Holding A.S. In recent years, Çelebi has pursued strategic growth and modernization initiatives. Notably, in 2025 it secured an €18 million loan from the European Bank for Reconstruction and Development to acquire and convert its ground support equipment to electric-powered fleets across ten Turkish airports, enhancing sustainability and operational efficiency. The company expanded its international footprint by initiating cargo terminal operations at Indonesia’s Kualanamu International Airport and is advancing into the German market with the acquisition of Aviapartner Cargo. Çelebi also launched the Çelebi Platinum personalized premium service in Rize Airport, Turkey, further enhancing its service portfolio. Leadership changes in 2023 included new appointments to strengthen sales and marketing functions within the group. These initiatives position Çelebi as a leading integrated ground handling and cargo service provider with a focus on expanding global operations and sustainable aviation services.