Ihlas Ev Aletleri Imalat, Sanayi ve Ticaret A.S.

Ihlas Ev Aletleri Imalat, Sanayi ve Ticaret A.S.

BBIST:IHEVA
1.49
TRY
-0.03
(-1.97%)
0.19EPS
11.53P/E
722.03MMarket 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
0.56
0.51
0.6
0.56
0.73
0.99
0.93
1.06
1.53
6.25
8.67
10.76
10.64
11.17
Basic EPS, GAAP
-0.12
0.06
0.06
- -
-0.01
0.04
0.18
0.11
0.26
-0.57
-0.86
0.21
0.08
0.18
Free Cash Flow per Basic Share
0.04
-0.12
-0.06
0.16
0.07
-0.05
-0.13
0.21
-0.08
-0.21
0.17
0.08
-0.39
-0.07
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
- -
- -
- -
- -
Book Value per Share
0.88
0.98
1.05
0.95
0.95
0.98
1.13
1.23
1.41
3.59
4.22
5.72
5.81
6.72
Tangible Book Value per Share
0.66
0.98
1.05
0.92
0.9
0.93
1.1
1.19
1.37
3.42
3.97
5.4
5.35
6.17
Basic Weighted Avg Shares
194
194
194
194
194
194
243
351
351
351
351
351
351
351
Sales/Revenue/Turnover
108
98
117
109
141
193
227
372
536
2,192
3,037
3,770
3,728
3,915
Operating Margin (%)
4.33
-2.02
5.82
7.72
8.95
14.28
13.19
19.16
10.03
1.43
5.79
6.91
5.6
6.86
Depreciation Expense
2
2
2
1
1
1
3
4
5
38
66
117
102
83
Net Income, GAAP
-23
11
12
-1
-2
7
43
37
91
-200
-303
75
27
63
Effective Tax Rate (%)
- -
16.18
- -
267.35
- -
13.85
16.08
7.25
8.74
- -
- -
33.7
- -
- -
Profit Margin (%)
-21.53
11.5
10.7
-0.66
-1.19
3.54
18.87
10.05
16.99
-9.1
-9.98
1.99
0.71
1.6
Working Capital
97
142
165
143
123
131
232
261
230
779
867
1,143
1,105
566
LT Debt
- -
- -
- -
- -
- -
- -
5
12
9
43
52
92
164
182
Total Equity
186
191
210
185
184
191
396
430
495
1,259
1,480
2,009
2,045
2,365
Return on Invested Capital (%)
- -
1.61
- -
-5.88
- -
1.74
16.45
9.38
10.11
- -
- -
9.7
- -
- -
Return on Capital (%)
- -
8.12
- -
-6.12
- -
4.62
15.5
9.46
19.57
- -
- -
5.56
- -
- -
Return on Common Equity (%)
-12.53
6.26
6.31
-0.37
-0.91
3.64
14.61
9.04
19.67
-22.75
-22.13
4.3
1.32
3.06

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
57
64
82
LT Borrowings
43
38
44
LT Finance Leases
121
139
137
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
351
351
351
Market Capitalization
778
729
722

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,443
1,069
1,014
Cash, Cash Equivalents & STI
31
37
18
Accounts Receivable, Net
829
402
353
Inventories
498
545
548
Total Current Liabilities
338
436
448
Payables & Accruals
- -
- -
- -
ST Debt
57
64
82
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
33.15%
44.87%
1.79%
Free Cash Flow
-151.97%
-153.55%
-567.6%
Net Income, GAAP
-27.8%
-62.56%
-64.53%
Sales/Revenue/Turnover
55.6%
82.98%
-1.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
871
761
873
867
3,770
2025
977
1,135
825
1,129
3,728
2026
915
1,046
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.09
-0.12
0.08
0.28
0.21
2025
-0.03
-0.21
0.03
0.24
0.08
2026
-0.13
0.03
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

CEO
Ahmet Olgun
Full Time Employees
489
Sector
Consumer durables
Industry
Electronics/Appliances
Address
Yenibosna Turkey
IPO Date
Sep 26, 1996
Website
iea.com.tr
Business
Ihlas Ev Aletleri Imalat, Sanayi ve Ticaret A.S. is a Turkey-based manufacturing company that designs, develops, manufactures, and markets small domestic appliances, environmental hygiene systems, and water treatment equipment. Founded in 1990 and headquartered in Istanbul, Turkey, the company operates as a member of Ihlas Holding A.S. and maintains its primary production and research facilities in the Beylikduzu Organized Industrial Zone in Istanbul. The company organizes its principal operations into specialized consumer goods segments, with offerings categorized under its flagship Aura brand as well as through original design and equipment manufacturing partnerships. Its core product and service portfolio comprises residential reverse osmosis drinking water treatment and filtration systems marketed under the Aura Cebilon brand; multi-functional water-filtration cleaning robots, deep-cleaning vacuum extractors, carpet shampooers, and indoor air purification devices under the Aura Cleanmax and Aura Roboclean lines; instantaneous electric water heaters and digital water heating units; various small electrical domestic appliances and personal care devices; proprietary research and development and testing services through its dedicated R&D center; and post-sales technical maintenance and customer support. In addition to its core appliance manufacturing activities, the company operates in food catering services through its wholly owned subsidiary Sifa Yemek ve Gida Uretim Tesisleri Ticaret A.S., and provides freight transport, warehousing, and logistics services through its subsidiary KPT Lojistik Tasimacilik Turizm Reklam Pazarlama Ic ve Dis Ticaret A.S. Ihlas Ev Aletleri distributes its products domestically across Turkey through the extensive direct sales, dealership, and service network of affiliate Ihlas Pazarlama A.S., and exports its appliances to over 60 countries across Europe, the Middle East, Central Asia, Africa, and North America. In recent developments, Ihlas Ev Aletleri entered into a strategic manufacturing agreement with AquaShield Europe s.r.o. to produce Philips-branded digital water heaters and water treatment solutions, leveraging its manufacturing capabilities to supply both domestic retail markets via exclusive distributor Ihlas Pazarlama and international channels. Furthermore, the company has expanded its operational and quality compliance frameworks by securing ISO 10002 Customer Satisfaction Management and ISO 45001 Occupational Health and Safety Management certifications, while integrating mandatory sustainability disclosures in accordance with Turkish Sustainability Reporting Standards.