Ford Otomotiv Sanayi A.S.

Ford Otomotiv Sanayi A.S.

66.55
TRY
-0.30
(-0.45%)
296.69BMarket Cap
Oct 28Next Earn
Ford Otomotiv Sanayi A.S.
BIST:FROTO
(Istanbul Exchange)

Recent

price

66.55

P/E

ratio

- -

div

yld

14.48%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
2.18
2.98
2.78
3.25
3.4
4.77
5.21
7.22
9.49
11.17
14.09
20.26
91.92
169.48
221.94
236.76
- -
Revenue per Share
0.14
0.19
0.2
0.18
0.17
0.24
0.27
0.42
0.48
0.56
1.2
2.51
7.9
20.18
14.5
9.69
- -
Basic EPS, GAAP
0.11
0.21
-0.06
-0.05
-0.01
0.25
0.31
0.39
0.3
0.5
1.84
1.8
6.01
7.4
-2.71
21.08
6.11
Free Cash Flow per Basic Share
0.11
0.15
0.17
0.09
0.05
0.11
0.19
0.23
0.34
0.37
0.31
1.02
3.91
7.37
8.78
8.14
9.64
Dividend per Share
0.5
0.54
0.57
0.64
0.78
0.87
0.9
1.05
1.11
1.33
2.01
2.89
14.57
30.04
42.98
44.46
51.06
Book Value per Share
0.49
0.53
0.5
0.52
0.64
0.72
0.74
0.86
0.87
1.09
1.75
2.47
10.48
22.31
34.83
35.44
40.92
Tangible Book Value per Share
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
3,509
Basic Weighted Avg Shares
7,649
10,445
9,768
11,405
11,925
16,746
18,289
25,341
33,292
39,209
49,451
71,101
322,556
594,705
778,801
830,828
- -
Sales/Revenue/Turnover
7.98
6.9
7.31
5.44
4.83
6.44
6.11
6.53
7.13
6.84
9.16
12.22
7.93
9.04
4.85
4.37
- -
Operating Margin (%)
175
146
141
186
305
405
456
474
569
776
917
1,054
7,196
8,756
14,022
17,205
17,480
Depreciation Expense
505
662
685
641
595
842
955
1,490
1,683
1,959
4,195
8,801
27,730
70,826
50,869
33,986
- -
Net Income, GAAP
18.48
17.25
- -
- -
- -
2.76
1.53
- -
4.42
- -
- -
- -
- -
- -
- -
13.89
- -
Effective Tax Rate (%)
6.6
6.34
7.01
5.62
4.99
5.03
5.22
5.88
5.06
5
8.48
12.38
8.6
11.91
6.53
4.09
- -
Profit Margin (%)
1,101
1,358
805
46
-14
207
368
777
176
1,511
5,124
12,032
15,119
12,686
40,010
42,833
52,755
Working Capital
- -
650
896
1,220
1,360
1,301
1,504
1,820
1,679
2,560
4,148
10,799
40,699
60,338
103,273
99,823
110,398
LT Debt
1,755
1,898
1,996
2,237
2,754
3,060
3,164
3,696
3,893
4,665
7,044
10,149
51,142
105,408
150,818
156,021
179,191
Total Equity
28.44
25.72
- -
- -
- -
18.7
18.71
- -
27.71
- -
- -
- -
- -
- -
- -
11.58
- -
Return on Invested Capital (%)
34.73
29.92
- -
- -
- -
16.62
17.11
- -
22.12
- -
- -
- -
- -
- -
- -
17.38
- -
Return on Capital (%)
29.64
36.25
35.18
30.31
23.84
28.96
30.7
43.44
44.36
45.79
71.65
102.38
90.49
90.48
39.71
22.15
- -
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
63,345
54,782
57,627
LT Borrowings
98,379
106,831
108,981
LT Finance Leases
1,444
1,513
1,416
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,509
3,509
3,509
Market Capitalization
325,118
354,770
296,694

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
223,457
219,730
238,889
Cash, Cash Equivalents & STI
63,974
56,688
56,042
Accounts Receivable, Net
88,853
74,466
83,065
Inventories
49,331
67,903
68,560
Total Current Liabilities
180,624
174,688
186,133
Payables & Accruals
- -
- -
- -
ST Debt
63,345
54,782
57,627
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
69.7%
120.13%
3.45%
Free Cash Flow
-40.04%
-151.66%
-876.95%
Net Income, GAAP
63.18%
83.78%
-33.19%
Sales/Revenue/Turnover
64.25%
103.89%
6.68%
Total Cash Common Dividend
73.98%
122.12%
-7.29%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
171,508
144,203
188,918
190,329
778,801
2025
210,563
257,341
- -
248,467
830,828
2026
192,443
221,129
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.53
2.3
3.25
3.76
14.5
2025
2.42
2.3
- -
3.31
9.69
2026
1.57
1.27
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.46
1.75
8.78
2025
- -
- -
-0.45
6.19
8.14
2026
3.64
0.26
- -
- -
- -
Business
Ford Otomotiv Sanayi A.S. (Ford Otosan) manufactures and exports commercial vehicles, engines, and powertrains as a joint venture between Ford Motor Company and Koç Holding, each holding 41% ownership with 18% publicly traded; the company, founded in 1959 and headquartered in Istanbul, Turkey, operates plants in Kocaeli (Gölcük and Yeniköy), Eskişehir, and Sancaktepe in Turkey, plus the Craiova plant in Romania. It produces Ford Transit, Transit Custom, Tourneo Custom, and Courier light commercial vehicles; Ford Trucks heavy commercial vehicles including tractors, road trucks, and construction series; Duratorq, Ecoblue, and Ecotorq diesel engines; and 1.0 EcoBoost engines, Puma passenger cars, and EcoSport models; the Eskişehir plant uniquely manufactures vehicles, engines, and powertrains in one facility, while Kocaeli plants serve as Europe's largest commercial vehicle base with a total capacity exceeding 934,500 vehicles, 430,000 engines, and 112,000 powertrains annually. Ford Otosan imports and sells passenger cars and spare parts in Turkey, manages after-sales services through authorized dealers, and exports to over 90 countries across five continents, leading Turkey's automotive exports for 14 years and overall goods exports for 10 years with engineering from its Sancaktepe R&D center, Turkey's largest automotive R&D facility. Recent developments include the 2022 acquisition of Ford Romania (Craiova plant) for EUR 625 million plus EUR 140 million conditional, enabling production of next-generation Courier (with full-electric versions from 2024), Puma (adding all-electric in 2024), and expanding total capacity beyond 900,000 vehicles; the Yeniköy plant's EUR 2 billion redesign as a "factory of the future" inaugurated in 2023 for next-generation Transit Custom (2024 International Van of the Year winner, with plug-in hybrid and all-electric E-Custom by 2024) under Ford-Volkswagen alliance; launch of F-LINE truck series and plans for E-Truck electric heavy vehicle in 2025 plus hydrogen engine projects; and production capacity growth to 746,500 units in 2023 with record 589,758 vehicles produced.

Company News

  • Ford Otomotiv Sanayi A.S. (FOVSY) Q2 2026 Earnings Call Transcript

  • Ford Otomotiv Sanayi A.S. (FOVSY) Q1 2026 Earnings Call Transcript