San-El Muhendislik Elektrik Taahhut Sanayi ve Ticaret A.S.

San-El Muhendislik Elektrik Taahhut Sanayi ve Ticaret A.S.

BBIST:SANEL
23.42
TRY
-0.38
(-1.60%)
-3.37EPS
441.78MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.94
2.47
2.56
2.2
2.71
3.05
1.64
1.4
1.26
3.51
7.66
15.76
18.81
18.21
Basic EPS, GAAP
0.21
0.16
0.03
0.02
- -
-0.25
0.21
-0.46
-0.21
-0.9
-1.8
2.58
6.07
-4.6
Free Cash Flow per Basic Share
-0.06
-0.32
0.06
-0.19
0.06
0.28
0.09
-0.01
0.02
0.01
0.04
1.18
5.44
- -
Dividend per Share
- -
0.18
0.09
0.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.32
1.27
1.23
1.22
1.22
0.93
0.93
0.46
0.26
1.08
-0.4
2.44
7.71
8.21
Tangible Book Value per Share
1.31
1.27
1.23
1.22
1.22
0.93
0.92
0.45
0.26
1.03
-0.45
2.41
7.56
8.17
Basic Weighted Avg Shares
18
18
18
18
18
18
13
18
18
18
18
18
18
18
Sales/Revenue/Turnover
35
45
47
40
50
56
22
26
23
64
140
288
343
332
Operating Margin (%)
11.76
7.35
-0.24
0.5
-0.43
-13.12
37.86
-30.37
-31.32
-13.51
-0.75
28.05
17.33
23
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
1
1
3
5
4
9
- -
Net Income, GAAP
4
3
1
- -
- -
-4
3
-8
-4
-16
-33
47
111
-84
Effective Tax Rate (%)
21.13
19.89
22.68
35.38
57.75
- -
24.94
- -
- -
- -
- -
11.64
11.42
- -
Profit Margin (%)
10.66
6.36
1.14
0.84
0.11
-8.05
12.51
-32.93
-16.9
-25.59
-23.51
16.39
32.25
-25.25
Working Capital
23
22
22
21
23
12
9
-1
-7
-18
-63
-28
-51
10
LT Debt
- -
- -
- -
- -
3
2
- -
- -
- -
- -
2
1
- -
2
Total Equity
24
23
23
22
22
17
20
12
9
34
15
151
248
216
Return on Invested Capital (%)
18.41
9.88
1.45
0.53
0.94
- -
36.81
- -
- -
- -
- -
122.05
28.02
- -
Return on Capital (%)
22.28
12.12
3.57
1.98
1.54
- -
21.84
- -
- -
- -
- -
52.6
42.61
- -
Return on Common Equity (%)
22.86
12.32
2.37
1.51
0.23
-22.85
15.99
-66.39
-58.95
-133.44
- -
- -
119.49
- -

Capital Structure

TRY

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
- -
1
1
LT Borrowings
- -
- -
2
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
438
431
442

Working Capital

TRY

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
156
220
235
Cash, Cash Equivalents & STI
2
8
6
Accounts Receivable, Net
51
88
89
Inventories
1
3
28
Total Current Liabilities
179
248
224
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
114.58%
238.86%
64.56%
Free Cash Flow
320.01%
715.3%
360.96%
Net Income, GAAP
-914.17%
51.79%
134.9%
Sales/Revenue/Turnover
39%
82.29%
19.42%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
55
- -
44
103
288
2025
131
- -
- -
- -
343
2026
102
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.36
- -
0.74
0.56
2.58
2025
-6.27
- -
- -
- -
6.07
2026
3.22
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

CEO
Osman Duman
Sector
Producer manufacturing
Industry
Electrical products
Address
Istanbul Turkey
IPO Date
Nov 21, 2013
Website
san-el.com
Business
San-El Muhendislik Elektrik Taahhut Sanayi ve Ticaret A.S. is a Turkey-based electrical engineering, contracting, and manufacturing company engaged in the design, installation, and commissioning of comprehensive power distribution, transmission, and industrial automation systems. Founded in 1988 and headquartered in Istanbul, Turkey, the company delivers integrated electrical solutions across industrial facilities, energy generation plants, infrastructure developments, and commercial buildings in domestic and international markets. The company provides a diversified portfolio of products and services, including: low-voltage and medium-voltage electrical switchboards, motor control center (MCC) panels, power factor compensation panels, and synchronization boards; turnkey electrical contracting services, encompassing transformer substation installations, busbar trunking systems, internal and external lighting, cable tray networks, and high-voltage grid connections; industrial automation and SCADA systems, comprising programmable logic controller (PLC) design, instrumentation, and centralized monitoring networks; renewable energy engineering, procurement, and construction (EPC) solutions for ground-mounted and rooftop solar photovoltaic (PV) power plants; and electrical maintenance, technical consulting, energy auditing, harmonic measurement, and after-sales engineering services. In recent developments, San-El Muhendislik has strategically expanded its operations within the renewable energy sector, securing new solar EPC and electrical infrastructure contracts for commercial and industrial clients. Additionally, the company has undertaken corporate capital restructuring initiatives to bolster working capital, enhanced its project execution capabilities in smart grid and energy management automation, and pursued strategic alliances to broaden its contracting footprint across regional energy and infrastructure markets.