GSD Holding A.S.

GSD Holding A.S.

BBIST:GSDHO
3.83
TRY
-0.10
(-2.54%)
0.46EPS
21.20P/E
5.17BMarket Cap

Total Valuation

TRY

As of June 30, 2026, GSD Holding A.S. carries a market capitalization of 5.17B, placing it among publicly traded companies globally. Its enterprise value stands at 6.48B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap5.17B
Enterprise Value6.48B

Share Statistics

As of June 30, 2026, GSD Holding A.S. has 875.77M shares outstanding.

Shares Outstanding875.77M

Valuation Ratios

As of June 30, 2026, GSD Holding A.S. trades at a trailing price-to-earnings ratio of 21.20. The price-to-sales ratio is 0.98, and the price-to-book ratio stands at 0.36.

PE Ratio21.20
PS Ratio0.98
PB Ratio0.36
P/TBV Ratio0.36

Enterprise Valuation

As of June 30, 2026, GSD Holding A.S. trades at an EV/EBITDA multiple of 2.68 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.21 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 2.68 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 6.48B versus a market cap of 5.17B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.21
EV / EBITDA2.68
EV / EBIT2.68

Financial Position

As of June 30, 2026, GSD Holding A.S. maintains a current ratio of 3.42, meaning it holds 3.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 50.61, indicating elevated leverage, while an interest coverage ratio of 7.35 demonstrates adequate ability to service its debt obligations.

Current Ratio3.42
Quick Ratio2.22
Debt / Equity50.61
Debt / EBITDA3.19
Interest Coverage7.35

Financial Efficiency

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Over the twelve months ended June 30, 2026, GSD Holding A.S. posted a return on equity (ROE) of 1.97, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.24 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 1.20, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 1.27, useful for judging operating efficiency across full business cycles. The company generates approximately 36.66M in revenue per employee across its workforce of 145.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 70.22 indicates how many times GSD Holding A.S. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)1.97
Return on Assets (ROA)1.20
Return on Invested Capital (ROIC)6.24
Return on Capital Employed (ROCE)1.27
Revenue Per Employee36.66M
Employee Count145.75
Inventory Turnover70.22

Taxes

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Over the twelve months ended June 30, 2026, GSD Holding A.S. recorded 371.51M in income tax expense. That works out to an effective tax rate of 47.65, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 779.68M, leaving 246.65M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax371.51M
Effective Tax Rate47.65

Stock Price Statistics

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As of the close on October 22, 2026, GSD Holding A.S.'s stock has declined approximately 16.38% over the past 52 weeks. The 50-day moving average sits at 4.41, while the 200-day moving average is 4.93.

52-Week Price Change-16.38%
50-Day Moving Average4.41
200-Day Moving Average4.93

Income Statement

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Over the twelve months ended June 30, 2026, GSD Holding A.S. generated 5.34B in revenue and converted that into 246.65M in net income, yielding earnings per share of 0.46. EBITDA reached 2.42B, while operating income came in at 2.35B.

Revenue5.34B
Gross Profit3.22B
Operating Income2.35B
Pretax Income779.68M
Net Income246.65M
EBITDA2.42B
EBIT2.42B
Earnings Per Share (EPS)0.46

Balance Sheet

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As of June 30, 2026, GSD Holding A.S. holds 7.45B in cash and equivalents against 7.71B in total debt, resulting in a net debt position of 3.79B. Total book value stands at 14.18B, with working capital of 8.11B providing operational flexibility.

Cash & Cash Equivalents7.45B
Total Debt7.71B
Net Debt3.79B
Equity (Book Value)14.18B
Book Value Per Share16.19
Working Capital8.11B

Cash Flow

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These figures cover the twelve months ended June 30, 2026.

Capital Expenditures-2.09B

Margins

Over the twelve months ended June 30, 2026, GSD Holding A.S. posted a gross margin of 60.25, reflecting its pricing power and cost economics. The operating margin of 44.04 and net profit margin of 4.62 provide insight into operational efficiency.

Gross Margin60.25
Operating Margin44.04
Pretax Margin14.59
Profit Margin4.62
EBITDA Margin45.20

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Total shareholder yield reaches 5.71, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to GSD Holding A.S. shareholders.

Shareholder Yield5.71

Stock Splits

GSD Holding A.S.'s most recent stock split took place on November 14, 2022 with a 9:20 split ratio.

Last Split Date11/14/2022
Split Ratio9:20

Scores

As of June 30, 2026, GSD Holding A.S. has an Altman Z-Score of 1.04, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.04