GOKNUR GIDA MADDELERI ENERJI IMALAT ITHALAT IHRACAT TICARET VE SANAYI A.S.

GOKNUR GIDA MADDELERI ENERJI IMALAT ITHALAT IHRACAT TICARET VE SANAYI A.S.

BBIST:GOKNR
12.18
TRY
-0.23
(-1.85%)
1.22EPS
17.97P/E
7.67BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.98
3.35
5.66
25.43
31.74
47.27
43.23
43.5
Basic EPS, GAAP
- -
0.19
0.36
-0.36
1.12
4.44
1.34
1.22
Free Cash Flow per Basic Share
-0.27
0.46
-0.03
5.79
6.03
1.91
4.51
6.16
Dividend per Share
- -
0.03
- -
- -
- -
0.41
0.36
- -
Book Value per Share
0.73
0.84
2.34
8.41
17.44
26.92
27.82
31.1
Tangible Book Value per Share
0.73
0.81
2.32
8.41
17.43
26.9
27.79
31.08
Basic Weighted Avg Shares
350
350
350
350
350
350
350
351
Sales/Revenue/Turnover
693
1,172
1,982
8,900
11,109
16,546
15,130
15,270
Operating Margin (%)
5.59
20.01
16.33
10.01
11.11
13.71
9.63
8.73
Depreciation Expense
16
17
28
215
316
407
419
410
Net Income, GAAP
1
68
126
-124
393
1,554
468
428
Effective Tax Rate (%)
58.37
1.28
- -
538.34
48.19
- -
25.06
- -
Profit Margin (%)
0.21
5.81
6.38
-1.4
3.54
9.39
3.09
2.8
Working Capital
175
137
355
894
3,401
5,566
5,332
6,139
LT Debt
146
91
310
234
169
673
1
1
Total Equity
248
293
818
2,944
6,107
9,426
9,736
10,886
Return on Invested Capital (%)
- -
27.54
- -
-142.01
20.06
- -
10.68
- -
Return on Capital (%)
- -
9.04
- -
-19.73
8.64
- -
7.36
- -
Return on Common Equity (%)
- -
24.86
22.77
-6.61
8.7
20.01
4.89
4.49

Capital Structure

TRY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4,804
4,808
4,004
LT Borrowings
175
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
350
350
350
Market Capitalization
7,847
6,913
7,665

Working Capital

TRY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
11,836
11,989
12,210
Cash, Cash Equivalents & STI
3,049
2,952
1,602
Accounts Receivable, Net
2,260
3,064
2,845
Inventories
5,004
5,512
6,249
Total Current Liabilities
6,348
6,657
6,071
Payables & Accruals
- -
- -
- -
ST Debt
4,804
4,808
4,004
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
120.87%
3.29%
Free Cash Flow
- -
-3,525.8%
136.51%
Net Income, GAAP
- -
-60.79%
-69.87%
Sales/Revenue/Turnover
- -
96.67%
-8.55%
Total Cash Common Dividend
- -
- -
-10.4%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,555
3,312
3,623
4,212
16,546
2025
4,048
3,696
3,315
4,318
15,130
2026
3,943
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.98
1.45
0.47
1.03
4.44
2025
0.92
0.77
0.22
-0.52
1.34
2026
0.74
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.41
2025
- -
- -
- -
- -
0.36
2026
- -
- -
- -
- -
- -

Company Description

CEO
Osman Aslanali
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Etimesgut Turkey
IPO Date
Mar 9, 2023
Business
Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat Ticaret ve Sanayi A.S. is a Turkey-based integrated agribusiness and food manufacturing company primarily engaged in the cultivation, processing, packaging, and international distribution of organic and conventional fruit and vegetable products, as well as renewable energy generation. Founded in 1993 and headquartered in Ankara, Turkey, the company operates a vertically integrated farm-to-table business model encompassing company-owned agricultural orchards spanning approximately 30,000 decares, multiple industrial processing facilities across Turkey, and overseas assembly and logistics hubs. The company operates through three core business segments: Industrial Fruit and Vegetable Ingredients, Consumer Packaged Beverages, and Renewable Energy. Its comprehensive product portfolio comprises clear and cloudy fruit juice concentrates including apple, pear, pomegranate, sour cherry, peach, and apricot; fruit purees and puree concentrates; deionized and rectified fruit concentrates; natural fruit aromas, volatile flavor compounds, and cold-pressed citrus peel oils; not-from-concentrate direct juices; individual quick frozen fruits and vegetables; dried seeds and fruit derivatives; and consumer-packaged retail juices marketed under proprietary brands such as Fruit Drops, Get One, and Absolutely. In addition, the company provides industrial contract manufacturing; aseptic packaging and bottling; custom blending and formulation; cold chain warehousing; international logistics services; and organic waste-to-energy and solar power generation. Goknur Gida serves multinational food and beverage manufacturers, flavor houses, and retail supermarket chains across more than 85 countries, exporting approximately 85 percent of its production to key markets across North America, Europe, and the Asia-Pacific region. The company operates major domestic manufacturing and processing plants in Nigde, Mersin, Adana, and Afyonkarahisar with an aggregate daily processing capacity of 7,200 metric tons, supported internationally by foreign operating entities and distribution hubs including Pegoo Juice Food Technology Co. Ltd. in China, Rheinfrucht B.V. in the Netherlands, and United Juice S.P.C. in Bahrain, as well as facilities in the United States, Germany, and the United Kingdom. In recent developments, Goknur Gida completed its initial public offering on Borsa Istanbul in March 2023, listing under the ticker GOKNR to finance strategic capacity expansions, orchard development, and renewable energy programs. Following the listing, the company has accelerated investments in renewable energy infrastructure to achieve operational self-sufficiency, securing government investment incentive certificates to install extensive rooftop solar photovoltaic systems across its processing complexes in Adana and Afyonkarahisar. The company has also expanded its energy generation capacity through the operational optimization of its biogas subsidiaries, Mey Biogaz and Dinar Biogaz, while scaling organic fruit cultivation areas and modernizing cold storage and aseptic bottling lines to meet surging international demand for certified organic and clean-label fruit ingredients.