1. Turkey Stocks

  2. •

    Electronic technology

  3. •

    Electronic equipment/Instruments
GIRISIM ELEKTRIK SANAYI TAAHHUT VE TICARET A.S.

GIRISIM ELEKTRIK SANAYI TAAHHUT VE TICARET A.S.

BBIST:GESAN
30.30
TRY
-1.10
(-3.50%)
3.40EPS
18.55P/E
32.89BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.91
1.23
2.2
2.68
16.34
32.8
43.21
44.78
47.82
Basic EPS, GAAP
-0.02
0.05
0.51
0.48
1.41
2.16
3.83
1.96
3.86
Free Cash Flow per Basic Share
-0.4
0.04
0.1
-0.43
-0.12
-8.81
-2.08
-5.8
-4.65
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.16
0.28
0.67
1.98
8.39
19.5
27.7
29.65
37.45
Tangible Book Value per Share
0.16
0.28
0.65
1.93
7.81
18.16
25.75
27.4
34.82
Basic Weighted Avg Shares
400
400
400
460
460
460
460
460
444
Sales/Revenue/Turnover
362
492
880
1,232
7,515
15,089
19,879
20,597
21,232
Operating Margin (%)
18.9
6.82
37.6
29.82
21.42
31.21
25.93
15.36
18.38
Depreciation Expense
11
13
6
14
90
292
383
509
554
Net Income, GAAP
-7
18
203
220
650
992
1,760
903
1,712
Effective Tax Rate (%)
- -
4.7
15.94
16.43
29.06
34.05
33.69
27.89
44.27
Profit Margin (%)
-1.93
3.75
23.02
17.9
8.66
6.58
8.86
4.39
8.06
Working Capital
41
52
276
734
2,652
8,197
11,555
13,157
17,672
LT Debt
145
74
127
203
441
671
746
2,245
2,824
Total Equity
90
152
341
994
4,317
12,330
17,832
18,867
23,442
Return on Invested Capital (%)
- -
9.09
53.77
30.12
29.29
24.38
13.76
12.64
8.7
Return on Capital (%)
- -
4.7
38.79
20.08
18.22
7.89
11.08
3.82
8.74
Return on Common Equity (%)
- -
17.96
92.06
36.1
27.27
15.47
16.21
6.85
11.78

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,819
2,356
3,331
LT Borrowings
2,245
2,739
2,824
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
460
460
460
Market Capitalization
21,344
21,114
32,890

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
21,250
27,294
33,062
Cash, Cash Equivalents & STI
826
516
1,517
Accounts Receivable, Net
2,688
2,711
4,700
Inventories
5,998
8,805
10,676
Total Current Liabilities
8,094
11,480
15,389
Payables & Accruals
- -
- -
- -
ST Debt
1,819
2,356
3,331
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
152.39%
5.8%
Free Cash Flow
- -
1,355.59%
178.54%
Net Income, GAAP
- -
57.02%
-48.68%
Sales/Revenue/Turnover
- -
137.25%
3.61%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,663
2,821
5,637
5,552
19,879
2025
5,188
4,030
6,367
6,433
20,597
2026
6,823
1,608
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
1.5
1.3
0.78
3.83
2025
1.17
0.08
1.37
0.19
1.96
2026
0.39
2.03
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Ramin Malek
Full Time Employees
1,875
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
Saray Mahallesi Atom Caddesi Kahramankazan AN Turkey 06980
IPO Date
Aug 19, 2021
Website
girisimelk.com.tr
Similar Companies
Advantest Corp. (TSE:6857)
Unusual Machines, Inc. (AMEX:UMAC)
FuelCell Energy, Inc. (NASDAQ:FCEL)
Lasertec Corp. (TSE:6920)
Hitachi Energy India Limited (NSE:POWERINDIA)
Keysight Technologies Inc. (NYSE:KEYS)
Business
Girisim Elektrik Sanayi Taahhut Ve Ticaret A.Ş. (GESAN) engages in electrical contracting, engineering, and construction services with a focus on turnkey power generation and distribution projects. Core activities include electrical system design, procurement, installation, testing, and commissioning; high, medium, and low voltage electrical works; renewable energy project development and EPC services; industrial and commercial electrical installations; maintenance, after-sales support, and retrofit/upgrades for energy infrastructure; project management and site supervision; and related consulting services. The company operates as a multidisciplinary contractor delivering comprehensive solutions across the power sector, including generation, transmission, and distribution infrastructure. Latest major changes include strategic partnerships and alliances within the energy and construction sectors to expand project pipelines; targeted acquisitions or equity investments to strengthen capabilities in EPC, turnkey solutions, and renewable energy development; launches of new service lines such as advanced grid modernization, digitalization, and smart energy management offerings; organizational restructurings to align with growth markets and improve project execution; expansion of geographic footprint to serve regional markets with increased local presence. Industry and business segments: electrical contracting, engineering, procurement, and construction (EPC) services for power and industrial projects; renewable energy development; maintenance, retrofits, and upgrades; consulting and project management. Target markets include utilities, industrials, commercial developers, and government projects requiring integrated electrical infrastructure. Geographic operations focus on Turkey with projects and clients in regional markets, leveraging local expertise and supplier networks. Founding year and headquarters: established in the late 20th century with corporate headquarters in Turkey. Subsidiaries and parent relationships are aligned to support diversified EPC capabilities and project delivery.