Ihlas Gazetecilik A.S.

Ihlas Gazetecilik A.S.

BBIST:IHGZT
0.79
TRY
-0.02
(-2.47%)
0.23EPS
5.70P/E
1.06BMarket Cap
Ihlas Gazetecilik A.S.
BIST:IHGZT
(Istanbul Exchange)

Recent

price

0.79

P/E

ratio

5.70

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
0.24
0.27
0.34
0.28
0.32
0.28
0.3
0.37
0.45
0.5
0.59
0.42
1.11
2.17
2.92
3.11
3.28
Revenue per Share
0.02
- -
-0.01
0.01
0.16
-0.01
- -
-0.01
-0.02
0.07
-0.08
0.25
-0.19
-1.32
0.19
0.29
0.23
Basic EPS, GAAP
- -
-0.02
-0.01
-0.03
-0.16
-0.01
- -
- -
-0.01
-0.03
-0.02
-0.97
-0.58
-0.21
-0.11
-0.07
-0.67
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.7
0.7
0.7
0.72
0.87
0.87
0.87
0.87
0.85
0.92
0.85
1.24
3.42
3.57
4.84
5.13
5.8
Book Value per Share
0.51
0.51
0.51
0.54
0.69
0.69
0.7
0.7
0.71
0.77
0.71
1.18
2.66
3.08
3.89
4.15
4.65
Tangible Book Value per Share
297
297
224
297
297
297
297
297
297
297
240
471
800
800
800
800
800
Basic Weighted Avg Shares
71
80
76
82
96
84
88
111
133
149
140
198
888
1,734
2,335
2,486
2,620
Sales/Revenue/Turnover
2.3
-6.61
-11.28
-23.75
-26.11
-25.93
-16.8
-5.19
-11.33
4.79
-13.72
-14.6
-25.71
-13.09
-1.74
-1.18
-1.36
Operating Margin (%)
7
3
3
4
3
3
3
2
2
4
5
7
33
60
89
79
71
Depreciation Expense
6
1
-1
2
46
-3
-1
-2
-6
20
-20
117
-152
-1,058
150
231
185
Net Income, GAAP
19.14
39.81
- -
- -
0.35
- -
159.33
- -
- -
20.03
- -
12.92
- -
- -
15.62
- -
- -
Effective Tax Rate (%)
8.67
0.89
-1.49
2.78
48.07
-3.5
-1.66
-1.8
-4.47
13.63
-14.37
59.3
-17.13
-61.01
6.41
9.3
7.07
Profit Margin (%)
59
58
59
58
93
93
91
84
83
113
81
554
892
743
683
1,255
1,644
Working Capital
2
1
1
1
- -
3
3
2
16
14
26
23
27
112
93
95
248
LT Debt
207
208
207
214
259
258
259
259
253
272
251
988
2,737
2,855
3,873
4,102
4,638
Total Equity
0.63
-1.26
- -
- -
-8.72
- -
-0.64
- -
- -
6.58
- -
-3.69
- -
- -
-3.32
- -
- -
Return on Invested Capital (%)
4.22
0.81
- -
- -
20.88
- -
-1.33
- -
- -
10.22
- -
18.6
- -
- -
9.29
- -
- -
Return on Capital (%)
3.01
0.34
-0.55
1.08
19.43
-1.14
-0.56
-0.77
-2.33
7.73
-7.72
18.92
-8.17
-37.85
4.45
5.8
4.66
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
10
46
LT Borrowings
- -
- -
159
LT Finance Leases
95
92
89
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
800
800
800
Market Capitalization
1,248
1,088
1,056

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,567
1,756
1,952
Cash, Cash Equivalents & STI
202
226
29
Accounts Receivable, Net
723
745
1,025
Inventories
168
201
230
Total Current Liabilities
312
267
308
Payables & Accruals
- -
- -
- -
ST Debt
9
10
46
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
51.46%
103.3%
5.89%
Free Cash Flow
1,012.84%
1,652.45%
-40.46%
Net Income, GAAP
-82.88%
-75.07%
54.54%
Sales/Revenue/Turnover
58.3%
105.32%
6.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
509
487
523
564
2,335
2025
630
700
623
745
2,486
2026
608
645
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.14
-0.11
-0.11
0.43
0.19
2025
-0.1
-0.11
- -
0.47
0.29
2026
-0.09
-0.14
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Ihlas Gazetecilik A.S. is a Turkey-based media, printing, and publishing company primarily engaged in national newspaper publishing, commercial printing, digital journalism, and packaging manufacturing. Founded in 1970 and headquartered in Istanbul, Turkey, the company operates as a key media subsidiary of Ihlas Yayin Holding under the Ihlas Holding conglomerate, with its shares publicly listed on Borsa Istanbul under the ticker symbol IHGZT. The company serves individual readers, corporate advertisers, private publishers, and commercial enterprises across domestic and international markets. The company provides an extensive array of publishing, graphic arts, and commercial production services, including the publication, editing, and distribution of its flagship national daily newspaper, Turkiye Gazetesi; digital news publishing, online journalism, and multimedia content delivery via its web portal turkiyegazetesi.com.tr and related mobile platforms; full-service commercial offset, web, and rotary printing for third-party newspapers, consumer and trade magazines, promotional catalogs, brochures, books, and encyclopedias; prepress preparation, graphic design, layout, plate imaging, and post-press finishing, binding, and folding services; industrial packaging, custom folding carton, and box manufacturing; and integrated print and digital advertising placement, classifieds, and media marketing solutions. Ihlas Gazetecilik A.S. conducts its nationwide printing operations through six strategic printing facilities located in Istanbul, Ankara, Izmir, Adana, Trabzon, and Antalya. In recent developments, Ihlas Gazetecilik A.S. has diversified its industrial operations by establishing dedicated packaging and paper carton manufacturing lines to capitalize on its high-capacity offset machinery. The company has continued to accelerate its digital transformation initiatives by upgrading its digital publishing architecture, integrating artificial intelligence and analytics into content dissemination, and expanding monetization channels on turkiyegazetesi.com.tr. To advance its corporate sustainability agenda, the company earned the ISO 14064-1 Corporate Carbon Footprint certification, becoming the first printing and press enterprise in Turkey to receive this standard. Furthermore, Ihlas Gazetecilik A.S. has maintained a stable paid-in capital base of 800 million Turkish Lira while advancing operational modernization through enterprise resource planning systems and collaborative synergies within the wider Ihlas Holding media and commercial network.