1. Turkey Stocks

  2. •

    Consumer non-durables

  3. •

    Apparel/Footwear
Mavi Giyim Sanayi ve Ticaret A.S.

Mavi Giyim Sanayi ve Ticaret A.S.

BBIST:MAVI
34.40
TRY
-0.76
(-2.16%)
2.20EPS
15.17P/E
30.65BMarket Cap
Dec 09Next Earn
Mavi Giyim Sanayi ve Ticaret A.S.
BIST:MAVI
(Istanbul Exchange)

Recent

price

34.40

P/E

ratio

15.17

div

yld

0.26%

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
TRY
1.13
1.33
1.65
2.24
2.96
3.6
3.02
5.81
26.48
47.03
63.34
60.07
65.11
Revenue per Share
0.02
0.04
0.06
0.11
0.12
0.12
0.01
0.5
2.4
3.19
4.48
2.89
2.58
Basic EPS, GAAP
0.06
0.07
0.08
0.24
0.24
0.63
0.36
1.52
2.9
7.14
7.87
7.88
9.25
Free Cash Flow per Basic Share
0.04
- -
- -
- -
0.03
- -
- -
0.04
0.25
1.17
1.72
1.4
0.09
Dividend per Share
0.08
0.12
0.19
0.31
0.42
0.58
0.64
1.4
6.45
11.28
16.8
17.72
19.46
Book Value per Share
0.06
0.1
-0.01
0.13
0.17
0.3
0.31
0.81
4.92
9.29
14.46
15.36
16.84
Tangible Book Value per Share
795
795
795
795
795
795
795
795
795
795
795
795
792
Basic Weighted Avg Shares
895
1,053
1,308
1,782
2,353
2,863
2,402
4,619
21,038
37,368
50,326
47,729
51,559
Sales/Revenue/Turnover
8.74
9.19
9.42
10.65
12.65
12.57
3.01
14.37
12.67
12.64
12.52
11.89
11.31
Operating Margin (%)
29
40
47
62
70
280
312
358
1,519
2,288
3,067
3,437
3,653
Depreciation Expense
19
33
50
86
92
95
5
400
1,906
2,535
3,559
2,294
2,043
Net Income, GAAP
34.32
27.37
24.32
19.81
23.86
21.55
35.54
21.52
19.77
34.19
27.12
40.28
52.5
Effective Tax Rate (%)
2.11
3.18
3.83
4.82
3.89
3.31
0.19
8.67
9.06
6.78
7.07
4.81
3.96
Profit Margin (%)
-8
10
-39
19
88
-4
1
286
2,422
5,712
7,740
6,970
6,699
Working Capital
45
42
105
69
92
325
366
277
478
1,320
944
1,599
1,935
LT Debt
62
96
140
247
337
478
534
1,193
5,419
9,477
13,614
13,932
15,141
Total Equity
- -
26.36
25.79
28.29
34.24
29.33
3.7
24.13
37.73
29.39
30.45
18.8
15.12
Return on Invested Capital (%)
- -
20.71
20.09
23.11
23.49
25.01
7.64
25.1
45.83
35.86
40.07
22.43
18.77
Return on Capital (%)
- -
42.54
40.98
43.1
31.37
23.89
0.94
49.31
61.1
35.99
31.91
16.84
15.15
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Jan'26
Apr'27
Jul'27
ST Debt
2,863
3,672
4,363
LT Borrowings
- -
- -
- -
LT Finance Leases
1,599
1,717
1,935
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
784
784
784
Market Capitalization
37,879
33,946
30,655

Working Capital

TRY

•

in mil. unless spec.
Jan'26
Apr'27
Jul'27
Total Current Assets
17,960
20,678
21,468
Cash, Cash Equivalents & STI
8,519
9,267
9,485
Accounts Receivable, Net
2,845
3,647
2,784
Inventories
5,853
6,831
8,074
Total Current Liabilities
10,990
12,970
14,770
Payables & Accruals
- -
- -
- -
ST Debt
2,863
3,672
4,363
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
81.12%
119.69%
2.33%
Free Cash Flow
89.65%
113.24%
0.1%
Net Income, GAAP
908.75%
1,810.26%
-35.56%
Sales/Revenue/Turnover
65.3%
110.98%
-5.16%
Total Cash Common Dividend
- -
- -
-18.61%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
11,405
9,917
12,317
11,447
50,326
2026
12,941
12,599
12,156
14,149
47,729
2027
12,701
12,553
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.67
0.86
1.23
0.38
4.48
2026
1.4
0.38
1.27
0.11
2.89
2027
0.86
0.33
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
0.1
0.1
1.72
2026
- -
- -
- -
0.09
1.4
2027
- -
- -
- -
- -
- -
Similar Companies
Nike, Inc. (NYSE:NKE)
lululemon athletica inc. (NASDAQ:LULU)
On Holding AG (NYSE:ONON)
LVMH Moet Hennessy Louis Vuitton SE (EURONEXT:MC)
Hermes International SCA (EURONEXT:RMS)
Deckers Outdoor Corporation (NYSE:DECK)
Business
Mavi Giyim Sanayi ve Ticaret A.S. Mavi Giyim Sanayi ve Ticaret A.S. engages in the design, manufacture, wholesale, and retail of premium denim apparel and casual lifestyle products primarily for women, men, and children. The company offers an extensive range of core products including jeans across premium lines such as Mavi Edition, Blue Black, Lux Black, Pro, and Icon; knit and woven shirts, t-shirts, sweaters, jackets, skirts, dresses, shorts, pants, blouses, bags, and accessories; sustainable collections like All Blue featuring Regenerative Jeans with regenerative cotton, MT1012 R3-IMAGINED upcycled denim, Mavi Archive, Natural Dye, Recycle Blue, and Better Cotton products; as well as non-denim tops and sportswear that complement its Perfect Fit philosophy. Founded in 1991 and headquartered in Istanbul, Turkey, Mavi Giyim operates approximately 485 branded stores and nearly 4,000 sales points across 34 countries, including Turkiye, the USA, Canada, Germany, Russia, Australia, the Netherlands, and Gulf markets, with subsidiaries in key regions and e-commerce platforms like mavi.com serving global customers through retail stores, franchises, wholesale partners such as Nordstrom and Bloomingdale's, and omnichannel services. The company, publicly traded on Borsa Istanbul since 2017, targets fashion-savvy young adults via its Kartus loyalty program with over 10 million members, driving personalized CRM and acquiring 1.5 million new customers annually; recent developments include 16 net store openings and expansions in Turkiye increasing retail space to 188,500 square meters in fiscal 2024, launch of the Mavi Edition men's collection and women's "The Jean is Mavi" campaign, omnichannel enhancements boosting in-store online sales 190%, new Kartus Youth program for under-25s, mavi.com globalization into Europe and Gulf countries, circularity projects with Nivogo, collaborations like Wunder X Mavi and Marche X Mavi, sustained leadership in sustainability with TIME's 8th ranking in World's Best Companies for Sustainable Growth 2025 and CDP double A scores, and plans for 20 new stores plus 15 expansions in Turkiye and 8 openings in North America in 2025.