Frigo-Pak Gida Maddeleri Sanayi ve Ticaret A.S.

Frigo-Pak Gida Maddeleri Sanayi ve Ticaret A.S.

BBIST:FRIGO
1.86
TRY
-0.19
(-9.27%)
-0.13EPS
1.50BMarket 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
- -
0.01
0.03
0.04
- -
0.12
0.17
0.22
1.45
1.15
1.64
1.38
1.53
1.53
Basic EPS, GAAP
- -
- -
- -
- -
- -
0.01
0.02
0.04
0.06
-0.04
-0.11
0.18
-0.37
-0.13
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.09
-0.43
-0.14
-0.25
-0.25
0.15
0.22
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
0.01
0.01
- -
0.02
0.03
0.05
0.34
0.93
1.21
1.94
1.56
1.67
Tangible Book Value per Share
- -
- -
0.01
0.01
- -
0.02
0.03
0.05
0.34
0.92
1.21
1.94
1.56
1.67
Basic Weighted Avg Shares
4,609
4,609
886
886
106,350
489
489
489
111
666
666
800
800
825
Sales/Revenue/Turnover
20
25
30
32
35
57
81
107
160
766
1,090
1,101
1,227
1,266
Operating Margin (%)
-6.82
1.48
-3.57
-3.01
14.43
17.89
21.92
25.97
29.36
28.11
23.69
18.77
-23.62
-10.8
Depreciation Expense
1
1
1
1
1
2
3
2
4
30
37
60
90
93
Net Income, GAAP
-3
-1
-4
-1
1
4
11
18
7
-25
-76
141
-297
-108
Effective Tax Rate (%)
- -
- -
- -
- -
27.15
- -
- -
23.06
- -
194.56
- -
34.25
- -
- -
Profit Margin (%)
-16.22
-4.6
-12.03
-4.46
2.45
6.53
14.08
16.69
4.47
-3.22
-6.97
12.77
-24.17
-8.53
Working Capital
5
2
-2
-2
- -
10
15
31
117
310
398
836
373
313
LT Debt
11
9
9
8
- -
11
12
11
13
4
25
34
240
211
Total Equity
8
8
8
8
- -
21
31
55
229
616
805
1,556
1,246
1,421
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
37.68
- -
-44.78
- -
10.64
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
32.25
- -
-27.46
- -
12.04
- -
- -
Return on Common Equity (%)
-29.77
-14.37
-45.92
-18.44
- -
- -
43.95
41.57
5.07
-5.85
-10.69
11.91
-21.16
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
217
165
204
LT Borrowings
3
59
- -
LT Finance Leases
238
234
211
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
800
850
850
Market Capitalization
2,086
2,945
1,496

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,313
1,451
1,067
Cash, Cash Equivalents & STI
212
125
23
Accounts Receivable, Net
119
105
115
Inventories
645
876
650
Total Current Liabilities
940
889
754
Payables & Accruals
- -
- -
- -
ST Debt
217
165
204
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
118.42%
-19.92%
Free Cash Flow
-752.26%
-34.86%
-161.23%
Net Income, GAAP
-52.24%
-178.35%
-310.9%
Sales/Revenue/Turnover
63.35%
96.33%
11.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
332
146
469
- -
1,101
2025
340
505
263
257
1,227
2026
277
470
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
0.15
0.19
- -
0.18
2025
-0.18
-0.32
-0.04
0.08
-0.37
2026
-0.12
-0.05
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

CEO
Alistair Baran Blake
Full Time Employees
662
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Besiktas Turkey
IPO Date
Apr 25, 1995
Business
Frigo-Pak Gida Maddeleri Sanayi ve Ticaret A.S. is a Turkey-based food processing and beverage manufacturing company specializing in the production, packaging, and international distribution of preserved agricultural foods and non-alcoholic drinks. Founded in 1984 and headquartered in Inegol, Bursa, the company operates an integrated processing and packaging facility spanning approximately 27,000 square meters of enclosed area with an annual processing capacity exceeding 42,000 metric tons. Frigo-Pak operates through four core product divisions: Canned Products, encompassing canned citrus fruits such as mandarin orange, grapefruit, and orange segments, canned strawberries, cherries, roasted red and green peppers, artichoke hearts, roasted eggplant, and boiled pulses including red kidney beans; Frozen Products, utilizing Individually Quick Frozen (IQF) technology to process fruits and vegetables including blackberries, raspberries, strawberries, sour cherries, diced tomatoes, and bell peppers; Fruit Juices and Carbonated Beverages, producing 100% natural fruit juices, fruit nectars, carbonated soft drinks, sodas, and iced teas marketed under its proprietary Sunpride brand as well as extensive private-label manufacturing for global supermarket chains; and Purees and Concentrates, manufacturing aseptic fruit purees, vegetable purees, tomato paste, and specialized sauces. The company is primarily export-oriented, distributing its products to commercial food manufacturers, foodservice distributors, and major retail chains across more than 30 countries in Europe, North America, and Asia, with key export markets including Germany, the United Kingdom, the United States, and Japan. In recent operational and strategic developments, Frigo-Pak established a strategic partnership with agribusiness firm Merko Gida Sanayi ve Ticaret A.S., aligning management and cross-selling capabilities across tomato, citrus, and fruit product lines. The company has undertaken significant capital expenditure programs to expand overall production capacity by 55%, which includes the construction of a 6,000-square-meter modern storage and cold-chain logistics facility and the integration of advanced freeze-dry (lyophilization) processing lines to enter the high-margin freeze-dried fruit and vegetable market. Additionally, Frigo-Pak has optimized its balance sheet through treasury share sales to augment operational working capital, broadened its shareholder base with an equity stake acquired by AG Girisim Holding, and implemented green energy and circular economy practices by directing organic processing waste into bioenergy facilities for clean electricity and organic fertilizer generation.