Hurriyet Gazetecilik ve Matbaacilik A.S.

Hurriyet Gazetecilik ve Matbaacilik A.S.

BBIST:HURGZ
3.94
TRY
-0.12
(-2.96%)
-2.41EPS
3.79BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.46
1.3
1.08
0.99
0.88
0.76
0.6
0.53
0.59
1.5
1.81
2.35
2.06
2.09
Basic EPS, GAAP
-0.11
-0.31
-0.06
-0.13
-0.48
0.49
-0.08
-0.14
0.09
-0.25
-2.02
-2.32
-1.4
-2.45
Free Cash Flow per Basic Share
0.22
-0.01
-0.02
- -
-0.01
-0.03
0.02
0.04
0.08
-0.11
-3.98
-3.22
-1.59
-1.55
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.22
0.75
0.67
0.75
0.55
1.08
1.11
1.08
1.5
5.39
6.05
5.57
4.3
3.16
Tangible Book Value per Share
0.03
0.16
0.2
0.24
0.51
1.06
1.08
1.06
1.48
5.32
5.98
5.5
4.23
3.09
Basic Weighted Avg Shares
552
552
552
552
552
555
592
592
592
592
592
592
592
592
Sales/Revenue/Turnover
806
720
596
544
486
422
357
316
351
887
1,070
1,394
1,219
1,239
Operating Margin (%)
-0.58
-4.91
-0.83
2.29
2.24
-14.08
-23.46
-36.63
-38.32
-80.25
-87.19
-80.25
-84.33
-112.44
Depreciation Expense
78
70
57
47
32
20
20
15
20
67
73
94
120
84
Net Income, GAAP
-61
-169
-30
-72
-265
269
-49
-81
55
-146
-1,196
-1,371
-829
-1,448
Effective Tax Rate (%)
- -
- -
- -
156.08
- -
6.48
- -
- -
10.34
- -
- -
- -
- -
- -
Profit Margin (%)
-7.58
-23.44
-5.12
-13.31
-54.47
63.82
-13.82
-25.6
15.73
-16.51
-111.76
-98.36
-68.07
-116.85
Working Capital
125
-20
-46
3
61
222
144
48
-62
-591
436
-575
541
438
LT Debt
266
92
62
140
150
12
12
13
37
30
44
106
112
29
Total Equity
723
427
353
417
303
640
655
640
884
3,185
3,576
3,287
2,528
1,856
Return on Invested Capital (%)
- -
- -
- -
-2.73
- -
-6.14
- -
- -
-6.59
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
-11.51
- -
46.61
- -
- -
9.24
- -
- -
- -
- -
- -
Return on Common Equity (%)
-9.02
-31.02
-7.74
-18.49
-74.14
57.19
-7.63
-12.47
7.22
-7.19
-35.33
-39.83
-28.39
-65.26

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
84
35
19
LT Borrowings
- -
- -
- -
LT Finance Leases
112
66
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
592
592
592
Market Capitalization
3,191
3,617
3,789

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,104
3,516
4,456
Cash, Cash Equivalents & STI
2
6
395
Accounts Receivable, Net
225
331
369
Inventories
77
78
64
Total Current Liabilities
2,563
2,974
4,018
Payables & Accruals
- -
- -
- -
ST Debt
84
35
19
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.16%
55.95%
-23.09%
Free Cash Flow
383.82%
630.01%
-50.8%
Net Income, GAAP
30.42%
31.62%
-39.5%
Sales/Revenue/Turnover
14.27%
40.45%
-12.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
306
308
306
326
1,394
2025
358
366
281
328
1,219
2026
302
328
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.41
-0.81
-0.39
-0.47
-2.32
2025
-0.39
-0.5
-0.74
0.08
-1.4
2026
-0.82
-0.97
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

Sector
Consumer services
Industry
Publishing: newspapers
Address
Istanbul Turkey
IPO Date
Feb 25, 1992
Business
Hürriyet Gazetecilik ve Matbaacılık A.Ş. is a Turkey-based media, publishing, and printing company engaged in newspaper publishing, digital news reporting, commercial printing, and advertising sales. Founded in 1948 and headquartered in Istanbul, Turkey, the company operates as a subsidiary of Demirören Holding. The company structures its core activities across print media, digital broadcasting, commercial press operations, and advertising solutions. Its primary product and service offerings comprise national and international daily newspapers, notably its flagship Turkish-language daily Hürriyet; English-language daily publication Hürriyet Daily News; entertainment, arts, and lifestyle supplement Kelebek; and various regional and thematic editorial inserts; digital journalism and media networks, including Hurriyet.com.tr, an online news and multimedia portal; Bigpara, a financial intelligence and capital markets data platform; Mahmure, a lifestyle and women-oriented portal; Hürriyet Aile, a parenting and family portal; and native mobile applications across iOS and Android; commercial printing and prepress services, utilizing multi-center rotary offset printing facilities across major metropolitan hubs to provide contract newspaper printing, magazine production, catalog printing, advertising inserts, and commercial distribution support for third-party publishers and corporate clients; and integrated advertising solutions, providing print classifieds, display advertisements, programmatic digital ad placements, video advertising, and custom branded content services. The company distributes its publications across Turkey and serves Turkish-speaking audiences internationally, primarily in Europe. In recent operational developments, Hürriyet Gazetecilik ve Matbaacılık has implemented structural rationalization measures to optimize costs and focus resources on digital growth under the Demirören Media Group. The company has consolidated its regional printing operations, divested non-core real estate assets and surplus printing equipment to streamline its asset base and strengthen liquidity, and expanded its digital advertising architecture with upgraded programmatic ad monetization technologies, enhanced video journalism platforms, and revamped mobile applications to drive digital engagement.