Naturel Yenilenebilir Enerji Ticaret A.S.

Naturel Yenilenebilir Enerji Ticaret A.S.

BBIST:NATEN
3.11
TRY
-0.16
(-4.89%)
-1.26EPS
5.33BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.01
0.05
0.02
0.05
0.11
0.48
1.44
3.23
2.31
1.96
1.83
Basic EPS, GAAP
- -
- -
0.01
0.05
0.06
0.47
-0.07
0.26
-0.08
-1.36
-1.06
Free Cash Flow per Basic Share
- -
- -
-0.06
0.06
-0.05
-0.48
-0.93
-0.5
0.59
0.51
-0.91
Dividend per Share
- -
- -
- -
- -
- -
- -
0.08
0.1
- -
- -
- -
Book Value per Share
- -
0.01
0.08
0.16
0.41
1.84
3.67
8.53
9.6
7.86
11.63
Tangible Book Value per Share
-0.01
- -
0.08
0.16
0.41
1.84
3.67
8.53
9.59
7.78
11.53
Basic Weighted Avg Shares
1,296
1,296
1,296
1,296
1,296
1,296
1,296
824
822
821
822
Sales/Revenue/Turnover
11
62
21
63
143
623
1,868
2,662
1,902
1,607
1,506
Operating Margin (%)
-16.61
3.73
31.12
11.73
45.26
26.67
24.89
5.95
-18.23
-16.08
-25.58
Depreciation Expense
- -
- -
3
10
7
91
308
351
435
504
449
Net Income, GAAP
-5
4
9
68
78
612
-95
215
-65
-1,114
-869
Effective Tax Rate (%)
- -
24.47
39.89
- -
- -
0.52
- -
- -
- -
- -
- -
Profit Margin (%)
-42.98
6.49
41.11
108.22
54.65
98.18
-5.06
8.06
-3.41
-69.37
-57.69
Working Capital
-4
-32
-36
-107
180
683
1,438
-350
-583
-2,235
-168
LT Debt
18
32
81
142
339
979
1,790
2,788
2,579
2,063
4,532
Total Equity
-3
7
100
214
742
4,393
8,761
13,047
15,994
13,389
21,356
Return on Invested Capital (%)
- -
5.12
6.83
- -
- -
14.85
- -
- -
- -
- -
- -
Return on Capital (%)
- -
23.97
6.7
- -
- -
8.4
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
15.9
43.15
21.02
42.07
-2.65
3.64
-0.87
-15.48
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,455
3,419
3,692
LT Borrowings
2,001
4,600
4,464
LT Finance Leases
62
63
68
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
825
825
825
Market Capitalization
7,153
5,866
5,330

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,409
1,482
5,451
Cash, Cash Equivalents & STI
424
211
3,747
Accounts Receivable, Net
74
139
112
Inventories
47
49
45
Total Current Liabilities
3,644
5,247
5,619
Payables & Accruals
- -
- -
- -
ST Debt
2,455
3,419
3,692
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
129.3%
-16.29%
Free Cash Flow
- -
147.81%
-14.17%
Net Income, GAAP
- -
346.02%
1,618.29%
Sales/Revenue/Turnover
- -
106.95%
-15.52%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,470
343
257
-273
1,902
2025
668
438
425
244
1,607
2026
386
451
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.06
0.15
-0.43
-0.89
-0.08
2025
0.24
-0.07
-0.13
-1.37
-1.36
2026
0.95
-0.5
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
204
Sector
Industrial services
Industry
Engineering & construction
Address
Ankara Turkey
IPO Date
Aug 8, 2019
Business
Naturel Yenilenebilir Enerji Ticaret A.S. is an independent renewable power producer and engineering services provider primarily engaged in the generation, wholesale supply, and infrastructure development of clean electricity, with a specialized focus on solar photovoltaic power. Founded in 2013 and headquartered in Ankara, Turkey, the company operates across the renewable energy generation, project development, and contracting sectors. Through its corporate structure and consolidated subsidiaries, including Esenboga Elektrik Uretim A.S. and Margun Enerji Uretim Sanayi ve Ticaret A.S., the company serves commercial, industrial, and utility-scale customers with end-to-end solar solutions. The company's primary products and services comprise: electricity generation and wholesale power distribution from utility-scale ground-mounted photovoltaic plants; turnkey engineering, procurement, and construction (EPC) solutions for industrial and commercial rooftop solar installations; project development, site identification, technical feasibility studies, and regulatory permitting; high-voltage substation and electrical grid interconnection engineering; ongoing plant operation, maintenance, performance monitoring, and asset management; renewable energy certificates (I-REC) and carbon credit monetization; and battery energy storage system (BESS) engineering and integration. Geographically, the company maintains extensive operational solar power plants and contracting operations across Turkey, while advancing international renewable project pipelines and investments in Western Europe, including Italy, Germany, and the United Kingdom, as well as the United States through its subsidiary Margun Enerji. In recent operational developments, Naturel Yenilenebilir Enerji has expanded its strategic focus toward storage-integrated power generation assets following license allocations from the Energy Market Regulatory Authority (EPDK) for battery-supported solar and hybrid facilities. The company has also accelerated the execution of high-capacity self-consumption rooftop solar EPC contracts for energy-intensive industrial clients across Turkey, advanced the licensing and authorization phases of its European solar pipeline, and executed capital restructurings across its listed subsidiaries to fund ongoing capacity additions and energy transition initiatives.