Nuh Cimento Sanayi A.S.

Nuh Cimento Sanayi A.S.

BBIST:NUHCM
204.50
TRY
-4.90
(-2.34%)
33.15BMarket Cap
Nuh Cimento Sanayi A.S.
BIST:NUHCM
(Istanbul Exchange)

Recent

price

204.50

P/E

ratio

- -

div

yld

10.51%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
5.15
5.6
5.97
6.41
6.68
6.59
6.15
6.67
7.79
8.45
11.36
16.6
97.66
128.76
134.92
117.46
- -
Revenue per Share
0.35
0.5
0.43
0.59
1.13
1.16
1.17
1
1
1.07
3.8
4.28
14.31
18.51
15.99
4.97
- -
Basic EPS, GAAP
0.27
-0.14
-0.32
0.55
0.86
1.13
1.16
-0.25
0.46
3.27
2.68
-0.06
16.31
19.55
11.48
15.75
5
Free Cash Flow per Basic Share
0.3
0.3
0.32
0.32
0.37
0.74
0.85
0.9
0.9
0.7
0.7
1.5
4.74
10.85
10.17
15.81
21.49
Dividend per Share
5.36
5.57
5.67
5.94
6.65
7.08
7.39
7.5
7.6
7.94
11.98
14.46
110.86
128.12
169.67
162.77
165.21
Book Value per Share
5.34
5.21
5.31
5.62
6.33
6.76
7.07
7.18
7.3
7.65
11.69
14.17
108.12
125.46
166.3
159.2
160.96
Tangible Book Value per Share
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
Basic Weighted Avg Shares
774
841
897
963
1,004
990
923
1,002
1,169
1,269
1,706
2,493
14,670
19,342
20,266
17,644
- -
Sales/Revenue/Turnover
5.25
9.81
5.97
10.3
18.13
24.51
20.68
12.97
16.95
14.13
23.37
19.2
14.7
16.67
17.31
12.56
- -
Operating Margin (%)
51
52
54
57
58
63
65
68
75
84
83
92
672
988
1,543
1,524
1,542
Depreciation Expense
53
76
64
88
170
174
175
150
150
161
570
642
2,149
2,781
2,401
746
- -
Net Income, GAAP
16.54
12.47
22.1
24.71
22.52
27.5
21.33
4.56
23.85
18.43
14.22
0.87
- -
17.75
33.62
64.14
- -
Effective Tax Rate (%)
6.81
8.97
7.18
9.13
16.92
17.59
19.01
14.95
12.84
12.67
33.42
25.77
14.65
14.38
11.85
4.23
- -
Profit Margin (%)
173
182
123
202
280
331
318
286
343
299
461
803
3,866
5,486
11,611
10,437
8,530
Working Capital
- -
151
135
177
149
119
93
167
241
127
134
336
602
2,302
1,380
524
460
LT Debt
805
836
852
892
999
1,064
1,110
1,126
1,142
1,193
1,799
2,172
16,652
19,246
25,487
24,450
24,816
Total Equity
3.94
8.26
3.38
6.43
12.82
14.92
13.23
9.63
10.84
9.4
19.09
21.49
- -
12.85
9.46
3.16
- -
Return on Invested Capital (%)
6.13
9.3
7.19
8.43
15.61
14.9
14.57
13.07
12.55
13.94
32.73
26.54
- -
14.08
10.47
3.28
- -
Return on Capital (%)
6.58
9.2
7.64
10.08
17.97
16.89
16.14
13.41
13.24
13.77
38.12
32.36
22.83
15.49
10.74
2.99
- -
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
990
959
921
LT Borrowings
420
443
343
LT Finance Leases
104
119
117
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
150
150
150
Market Capitalization
33,483
35,135
33,152

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,466
11,085
12,205
Cash, Cash Equivalents & STI
8,897
5,866
6,145
Accounts Receivable, Net
1,281
1,390
3,562
Inventories
1,398
1,600
1,517
Total Current Liabilities
3,029
3,679
3,675
Payables & Accruals
- -
- -
- -
ST Debt
990
959
921
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
79.38%
146.28%
-4.07%
Free Cash Flow
-2,890.36%
-5,817.82%
37.26%
Net Income, GAAP
44.21%
38.8%
-68.92%
Sales/Revenue/Turnover
61.97%
111.64%
-12.94%
Total Cash Common Dividend
- -
101.68%
55.49%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,902
4,740
5,119
3,629
20,266
2025
4,264
5,547
- -
4,940
17,644
2026
4,006
5,510
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.99
1.12
6.25
5.77
15.99
2025
-1.24
2.76
- -
1.04
4.97
2026
-5.72
3.42
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.55
0.51
0.68
0.46
10.17
2025
17.19
1.21
-3.25
0.66
15.81
2026
22.5
1.58
- -
- -
- -
Business
Nuh Çimento Sanayi A.S. (NUHCM.IS) manufactures and markets cement, clinker, and mineral additives; produces ready-mixed concrete through its subsidiary Nuh Beton A.S.; and supplies lime, aerated concrete, aluminum paste, and related building materials via Nuh Yapı Ürünleri A.S., including trademarked products such as Thermocube aerated concrete thermal insulation plates, Alupore aluminum paste, and Nuh Alçı alpha plaster and anhydride products. Specific cement varieties encompass CEM I 42,5 R, CEM II/B-S 42,5 R, CEM I 52,5 N, oil well cement Class G HSR, CEM I 42,5 R SR5, CEM V/A (S-P) 32,5 N, CEM II/A-LL 42,5 R, and CEM II/A-S 42,5 R; clinker types include ordinary, sulfate-resistant, low alkali, and low Cr(VI) options; and mineral additives feature milled blast kiln slag. The company operates an integrated facility with Turkey's highest single-roof clinker production capacity of 4.6 million tons annually and cement capacity of 5.7 million tons, supported by a 57,000 square meter port in Hereke, Kocaeli, accommodating ships up to 80,000 deadweight tons for efficient imports and exports; it distributes domestically via a dealer network and exports to over 50 countries across five continents, including Western Europe, Africa, North and South America, and the Middle East. Founded in 1966 and headquartered at Hacı Akif Mah. D-100 Karayolu Cad. No:92, Hereke, Körfez, Kocaeli, Turkey, Nuh Çimento maintains 100% affiliate ownership of key subsidiaries such as Nuh Beton (ready-mixed concrete), Nuh Yapı Ürünleri (lime and aerated concrete), Nuh Gayrimenkul İnşaat (construction), Navig Holding Trade B.V. (import-export), Çim-Nak Taşımacılık (logistics), and Nuh Agro Tarım (agricultural products), with minority stakes in entities like Çimpaş and Cementos Esfera S.A. Recent developments include strengthening Nuh Beton's fleet in 2022 with 11 additional transmixers, nine mobile pumps, five loaders, and seven tow trucks for aggregate support; implementing the OKR goal management system across group companies for digital performance tracking; advancing sustainability initiatives such as recovering 417,000 tons of waste from 69 partners across 12 sectors, producing 28.4% of energy from renewables, and progressing the world's first diesel-to-electric conversion of 10 long-haul rock trucks in partnership with ABB to cut 2,500 tons of annual CO2 emissions; and maintaining robust financials with consolidated net profit of TL 2.09 billion in 2022 amid record exports representing 18% of Turkey's cement sector total.