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Ihlas Yayin Holding A.S.

Ihlas Yayin Holding A.S.

BBIST:IHYAY
0.85
TRY
-0.04
(-4.49%)
-0.54EPS
720.00MMarket Cap
Ihlas Yayin Holding A.S.
BIST:IHYAY
(Istanbul Exchange)

Recent

price

0.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
0.45
0.63
0.63
0.7
0.72
0.64
0.63
0.71
0.88
0.97
0.94
0.74
3.05
5.69
7.22
7.49
8.13
Revenue per Share
0.01
0.02
-0.03
-0.03
0.09
-0.04
-0.05
-0.03
-0.04
0.01
0.02
0.07
-0.35
-1.17
-0.66
-0.76
-0.79
Basic EPS, GAAP
0.06
-0.13
-0.03
-0.06
-0.27
-0.01
0.01
- -
-0.01
0.03
-0.47
-0.92
-1.16
-1.26
-0.31
0.28
-0.98
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.65
0.74
0.63
0.62
0.65
0.62
0.55
0.53
0.46
0.41
0.81
0.94
2.35
2.28
2.35
1.58
1.22
Book Value per Share
0.39
0.45
0.35
0.36
0.4
0.39
0.34
0.33
0.29
0.23
0.72
0.84
0.98
1.4
0.64
-0.19
-0.85
Tangible Book Value per Share
245
245
245
245
245
245
245
245
245
245
269
450
450
450
450
450
444
Basic Weighted Avg Shares
111
153
153
171
176
156
154
173
214
237
252
333
1,375
2,559
3,249
3,373
3,608
Sales/Revenue/Turnover
-0.31
-7.88
-4.4
-5.34
-17.6
-13.2
-8.45
-6.94
-9.29
0.92
0.73
-11.55
-19.38
-12.47
-11.14
-12.34
-12.46
Operating Margin (%)
9
5
6
7
7
6
6
5
5
9
10
13
78
123
186
174
168
Depreciation Expense
1
5
-6
-7
22
-10
-12
-8
-10
1
6
32
-159
-526
-297
-340
-348
Net Income, GAAP
27.08
4.47
- -
- -
- -
- -
- -
- -
- -
27.87
- -
15.31
- -
- -
- -
- -
- -
Effective Tax Rate (%)
1.22
3.26
-4.03
-4.31
12.26
-6.4
-7.76
-4.77
-4.65
0.58
2.55
9.57
-11.56
-20.57
-9.15
-10.08
-9.65
Profit Margin (%)
84
84
66
58
108
108
99
82
77
88
338
733
1,146
903
646
782
846
Working Capital
3
4
4
4
3
6
5
3
17
29
46
40
47
157
166
165
314
LT Debt
275
280
250
249
266
257
246
240
232
226
483
1,169
3,131
3,248
4,049
3,824
4,054
Total Equity
-0.09
-4.05
- -
- -
- -
- -
- -
- -
- -
5.32
- -
-4
- -
- -
- -
- -
- -
Return on Invested Capital (%)
1.06
2.13
- -
- -
- -
- -
- -
- -
- -
1.61
- -
-3.62
- -
- -
- -
- -
- -
Return on Capital (%)
0.76
2.79
-3.66
-4.8
13.92
-6.45
-8.18
-6
-8.04
1.27
2.76
8.08
-21.47
-50.53
-28.52
-38.42
-59.5
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
15
16
52
LT Borrowings
- -
- -
- -
LT Finance Leases
165
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
450
450
450
Market Capitalization
882
747
720

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,478
1,612
1,694
Cash, Cash Equivalents & STI
274
307
60
Accounts Receivable, Net
861
941
1,157
Inventories
168
201
230
Total Current Liabilities
696
794
848
Payables & Accruals
- -
- -
- -
ST Debt
15
16
52
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
43.36%
66.56%
-5.57%
Free Cash Flow
-317.74%
-0.56%
-189.35%
Net Income, GAAP
26.47%
-0.4%
14.28%
Sales/Revenue/Turnover
51.36%
92.35%
3.81%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
735
674
759
740
3,249
2025
870
961
832
1,002
3,373
2026
851
924
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.22
-0.21
-0.26
0.05
-0.66
2025
-0.36
-0.31
-0.36
0.15
-0.76
2026
-0.34
-0.24
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Ihlas Yayin Holding A.S. is a Turkey-based media and publishing conglomerate that operates across television and radio broadcasting, news agency operations, newspaper and magazine publishing, commercial printing, digital media, and advertising services. Founded in 2003 and headquartered in Istanbul, Turkey, the company functions as the primary media subsidiary of Ihlas Holding A.S. The company provides a comprehensive portfolio of media products and services structured across core operating units, including worldwide news reporting and content distribution services through Ihlas Haber Ajansi (IHA), which delivers real-time breaking news, video news feeds, high-definition satellite news gathering (SNG) uplinks, photo archives, and wire services to global and domestic broadcasters; television and radio broadcasting through network channels such as TGRT Haber, TGRT EU, TGRT Belgesel, and TGRT FM, providing continuous news coverage, documentary programming, thematic broadcasts, and tailored content for Turkish diaspora audiences in Europe; print media publishing through Ihlas Gazetecilik A.S., which produces the national daily newspaper Turkiye Gazetesi as well as specialized educational, lifestyle, and children's magazines; commercial and security printing solutions utilizing industrial offset facilities for books, periodicals, marketing materials, and commercial packaging; digital media publishing, online streaming, and mobile software applications operating platforms such as turkiyegazetesi.com.tr and tgrthaber.com.tr; and comprehensive advertising agency, sponsorship management, programmatic ad-network operations, and media planning services. The company caters to individual viewers and readers, corporate advertisers, government agencies, and institutional media enterprises across Turkey, Europe, Central Asia, the Middle East, and North America. In recent developments, Ihlas Yayin Holding A.S. has accelerated digital transformation initiatives by integrating artificial intelligence and automated content production workflows across its newsrooms; expanded international satellite news transmission capabilities and mobile digital broadcasting units at Ihlas Haber Ajansi; consolidated its digital media and ad-tech operations to scale programmatic monetization; and implemented capital structure optimizations and corporate restructuring across its publicly traded media subsidiaries to support expanded multimedia infrastructure.