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Hitit Bilgisayar Hizmetleri A.S.

Hitit Bilgisayar Hizmetleri A.S.

BBIST:HTTBT
28.04
TRY
-1.04
(-3.58%)
1.37EPS
28.66P/E
11.78BMarket Cap
Nov 06Next Earn
Hitit Bilgisayar Hizmetleri A.S.
BIST:HTTBT
(Istanbul Exchange)

Recent

price

28.04

P/E

ratio

28.66

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
0.2
0.31
0.3
0.43
1.04
2.03
3.74
5.51
6.44
Revenue per Share
0.05
0.1
0.07
0.08
0.2
0.44
0.92
1.3
1.37
Basic EPS, GAAP
0.02
0.02
-0.02
-0.03
-0.31
-1.24
-0.77
-0.26
-0.6
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.17
0.28
0.42
0.89
2.89
4.99
6.98
9.89
11.44
Book Value per Share
0.07
0.1
0.13
0.13
1.59
2.46
2.22
2.34
2.3
Tangible Book Value per Share
300
300
300
300
300
300
300
300
300
Basic Weighted Avg Shares
60
94
89
128
311
609
1,122
1,653
1,933
Sales/Revenue/Turnover
17.02
29.99
25.83
26.02
29.18
24.25
23.77
21.78
19.55
Operating Margin (%)
4
7
11
20
54
101
206
345
415
Depreciation Expense
16
31
22
23
59
132
277
389
411
Net Income, GAAP
4.14
3.2
5.54
19.05
19.35
23.19
2.91
2.73
- -
Effective Tax Rate (%)
26.62
33.34
24.96
18.21
18.82
21.7
24.67
23.53
21.27
Profit Margin (%)
19
28
37
47
357
590
523
602
608
Working Capital
- -
- -
- -
14
- -
- -
24
44
38
LT Debt
52
83
127
266
868
1,497
2,095
2,968
3,433
Total Equity
- -
49.18
19.56
9.48
10.52
8.94
12.6
12.86
- -
Return on Invested Capital (%)
- -
46.07
18.59
9.82
9.55
10.99
15.39
16.69
- -
Return on Capital (%)
- -
46.44
21.11
11.87
10.32
11.18
15.42
15.36
13.75
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
197
17
139
LT Borrowings
- -
- -
- -
LT Finance Leases
44
41
38
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
300
300
300
Market Capitalization
12,588
11,130
11,784

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,116
935
1,068
Cash, Cash Equivalents & STI
552
300
376
Accounts Receivable, Net
442
501
549
Inventories
- -
- -
- -
Total Current Liabilities
513
354
460
Payables & Accruals
- -
- -
- -
ST Debt
197
17
139
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
97.82%
41.68%
Free Cash Flow
- -
217.49%
-66.27%
Net Income, GAAP
- -
86.31%
40.45%
Sales/Revenue/Turnover
- -
82.8%
47.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
216
263
303
341
1,122
2025
345
396
462
450
1,653
2026
495
527
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.26
0.23
0.28
0.92
2025
0.22
0.36
0.38
0.34
1.3
2026
0.28
0.38
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Hitit Bilgisayar Hizmetleri A.S. is a Turkey-based software and technology provider specializing in airline information technology and Software-as-a-Service (SaaS) solutions for the global aviation and travel industries. Founded in 1994 and headquartered in Istanbul, Turkey, the company designs, develops, and delivers enterprise-grade software infrastructure for scheduled commercial airlines, low-cost carriers, hybrid airlines, charter operators, air cargo carriers, ground handlers, and travel agencies across Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region. The company provides its comprehensive IT capabilities through its proprietary Crane product suite, which encompasses passenger service systems including Crane Pax for reservations, ticketing, and inventory management; Crane DCS for airport departure control and passenger check-in; Crane IBE for internet booking engines; Crane MA for mobile travel applications; and Crane LL for customer loyalty and frequent flyer program administration; airline operational solutions including Crane OCC for operations control and flight monitoring; Crane Crew for crew scheduling, pairing, and tracking; and Crane Weight & Balance for aircraft load optimization; financial and accounting solutions including Crane RA for passenger revenue accounting; Crane CA for cargo revenue accounting; Crane Cost for operating cost management; and Crane BI for advanced business intelligence and analytics; as well as air freight and distribution platforms including Crane Cargo for end-to-end air cargo booking, handling, and tracking; Crane Agency Portal for travel agency distribution; and IATA-certified New Distribution Capability (NDC) distribution gateways. In recent strategic and operational developments, Hitit Bilgisayar Hizmetleri A.S. has expanded its international footprint by securing new passenger service and cargo software implementation contracts with international airlines across Central Asia, Africa, and Europe, while expanding its overseas technical support network. Furthermore, the company has broadened its product portfolio with the rollout of cloud-native architecture enhancements, artificial intelligence-driven dynamic pricing and merchandising algorithms, and modernized Offer and Order Management capabilities aligned with next-generation IATA airline retailing standards, supported by expanded commercial partnerships with global payment systems and travel technology integrators.