Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret A.S.

Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret A.S.

BBIST:SAYAS
30.96
TRY
-1.86
(-5.67%)
2.48EPS
20.67P/E
3.96BMarket Cap
Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret A.S.
BIST:SAYAS
(Istanbul Exchange)

Recent

price

30.96

P/E

ratio

20.67

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
0.66
0.48
1.64
1.61
0.65
0.47
0.91
1.96
4.5
15.69
17.06
28.42
26.17
33.13
Revenue per Share
0.05
0.06
0.12
-0.25
0.01
-0.2
-0.01
0.24
0.86
1.88
2.25
0.33
1.99
2.48
Basic EPS, GAAP
0.06
-0.14
-0.6
-0.3
0.09
0.38
0.03
-0.3
0.44
1.54
0.56
-1.71
-2.12
2.74
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.52
0.54
0.71
0.41
0.43
0.23
0.22
0.42
1.31
5.79
10.4
13.97
15.94
20.33
Book Value per Share
0.52
0.49
0.51
0.19
0.36
0.21
0.21
0.41
1.3
5.76
10.36
13.93
15.91
20.3
Tangible Book Value per Share
65
77
77
77
77
77
77
77
77
77
77
77
77
78
Basic Weighted Avg Shares
43
37
127
124
50
36
70
152
348
1,212
1,318
2,195
2,022
2,588
Sales/Revenue/Turnover
11.97
21.93
14.16
-14.95
9.54
2.02
-0.42
17.54
19.94
23.7
20.13
10.15
15.86
17.33
Operating Margin (%)
1
1
3
4
3
3
3
3
3
14
20
36
48
43
Depreciation Expense
3
5
10
-19
1
-16
- -
19
66
145
174
26
154
194
Net Income, GAAP
15.95
19.82
20.63
- -
- -
- -
- -
19.81
24.69
32
30.23
44.67
32.81
42.32
Effective Tax Rate (%)
7.85
13.08
7.48
-15.62
1.83
-42.63
-0.69
12.29
19.1
11.99
13.21
1.17
7.61
7.49
Profit Margin (%)
19
47
14
41
15
8
14
37
101
421
716
813
822
1,006
Working Capital
- -
31
14
41
10
10
8
10
13
20
57
142
168
72
LT Debt
34
42
54
31
33
17
17
35
101
447
803
1,079
1,232
1,571
Total Equity
- -
9.87
14.03
- -
- -
- -
- -
39.61
64.69
72.16
37.61
12.94
19.15
19.87
Return on Invested Capital (%)
- -
12.36
11.66
- -
- -
- -
- -
39.5
68.72
49.08
28.03
4.19
12.77
13.12
Return on Capital (%)
- -
12.75
19.75
-44.85
2.82
-61.19
-2.83
71.79
97.27
52.96
27.83
2.72
13.32
14.9
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
151
196
239
LT Borrowings
96
87
- -
LT Finance Leases
73
72
72
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
77
77
77
Market Capitalization
3,033
3,088
3,963

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,341
1,615
1,699
Cash, Cash Equivalents & STI
257
278
423
Accounts Receivable, Net
546
835
778
Inventories
474
445
398
Total Current Liabilities
519
688
693
Payables & Accruals
- -
- -
- -
ST Debt
151
196
239
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
68.08%
131.57%
14.13%
Free Cash Flow
-165.64%
-88.22%
23.91%
Net Income, GAAP
-542.24%
162.21%
501.5%
Sales/Revenue/Turnover
56.43%
89.02%
-7.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
558
414
542
460
2,195
2025
426
726
443
616
2,022
2026
717
812
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.65
0.44
-0.14
-0.55
0.33
2025
-0.94
2.24
0.74
0.21
1.99
2026
0.21
1.29
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret A.S. is a Turkey-based industrial manufacturing company specializing in the design, engineering, and fabrication of equipment and structural components for the renewable energy and commercial sectors. Founded in 1989 and headquartered in Izmir, Turkey, the company operates primarily within the global wind power, solar energy, and corporate visual identity industries. Its core product and service offerings comprise wind turbine tower internal components, including working platforms, safety ladders, cable trays, busbar brackets, and elevator adaptation fixtures; generator, nacelle, and rotor sub-assemblies, including stator parts, cooling units, and structural frames; specialized logistics equipment, including wind blade transport frames, tower adapter fixtures, and installation tools; solar energy hardware, including single-axis solar tracking system torque tubes, ground-mounted steel mounting racks, and rooftop photovoltaic mounting systems; comprehensive sheet metal processing and industrial manufacturing services, including high-precision laser cutting, CNC bending, robotic welding, and machining; industrial surface treatment services, including hot-dip galvanizing, electrostatic powder coating, and wet painting; and corporate architectural elements, including visual identity systems, large-scale illuminated totems, and exterior building cladding. The company operates specialized production facilities in the Izmir industrial basin, including plants situated in the Aliaga Organized Industrial Zone (ALOSBI), and serves leading international original equipment manufacturers and energy infrastructure developers across Europe, the Americas, the Middle East, and Asia. Its principal client base includes global wind energy original equipment manufacturers such as Enercon, Nordex Group, Siemens Gamesa, and General Electric. In recent developments, Say Yenilenebilir Enerji has advanced its strategic positioning as a tier-one supplier to the global renewable energy supply chain through major capacity expansions and strategic multi-year commercial agreements. The company has secured extensive multi-million-euro supply contracts and framework agreements with key European wind turbine manufacturers for the production of next-generation tower internals, stator components, and heavy transport equipment. To support increasing export volumes, the company has expanded its manufacturing footprint in Aliaga with capital investments in automated robotic cutting and welding cells, enhanced CNC processing capabilities, and advanced surface coating infrastructure. Additionally, the company has broadened its portfolio in utility-scale solar tracking mechanics, expanded its component qualification programs for offshore wind turbine platforms, and integrated on-site rooftop solar power generation across its primary factories to fulfill European supply chain decarbonization standards.