Segmen Kardesler Gida Uretim ve Ambalaj Sanayi AS

Segmen Kardesler Gida Uretim ve Ambalaj Sanayi AS

BBIST:SEGMN
13.20
TRY
-1.16
(-8.08%)
0.45EPS
158.70P/E
9.77BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.59
8.27
11.64
13.53
16.15
18.2
Basic EPS, GAAP
0.09
0.03
0.11
1.27
1.6
0.34
Free Cash Flow per Basic Share
-0.57
-0.48
-0.03
-2.82
-3.1
-0.52
Dividend per Share
- -
- -
0.24
0.4
0.61
- -
Book Value per Share
5.8
5.49
11.52
23.21
28.03
32.5
Tangible Book Value per Share
5.8
5.49
11.51
23.21
28.01
32.48
Basic Weighted Avg Shares
179
179
179
179
179
179
Sales/Revenue/Turnover
1,180
1,481
2,083
2,421
2,890
3,251
Operating Margin (%)
14.5
25.04
31.15
13.39
10.7
7.06
Depreciation Expense
28
26
28
48
71
89
Net Income, GAAP
17
6
19
228
286
61
Effective Tax Rate (%)
80.25
94.03
55.17
- -
- -
- -
Profit Margin (%)
1.41
0.39
0.93
9.42
9.88
1.89
Working Capital
671
636
791
1,921
1,575
1,771
LT Debt
2
1
92
50
1
- -
Total Equity
1,038
982
2,061
4,155
5,057
5,870
Return on Invested Capital (%)
- -
2.2
17.61
- -
- -
- -
Return on Capital (%)
- -
0.58
1.42
- -
- -
- -
Return on Common Equity (%)
- -
0.57
1.28
7.34
6.23
1.3

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
45
34
22
LT Borrowings
1
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
179
179
179
Market Capitalization
3,295
8,724
9,773

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,990
2,245
2,249
Cash, Cash Equivalents & STI
281
223
358
Accounts Receivable, Net
597
856
666
Inventories
909
941
944
Total Current Liabilities
415
529
478
Payables & Accruals
- -
- -
- -
ST Debt
45
34
22
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
21.69%
Free Cash Flow
- -
- -
10.09%
Net Income, GAAP
- -
- -
25.25%
Sales/Revenue/Turnover
- -
- -
19.37%
Total Cash Common Dividend
- -
- -
52.21%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
591
423
562
581
2,421
2025
858
698
691
885
2,890
2026
955
720
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.25
0.13
0.59
1.27
2025
0.48
0.22
0.15
0.85
1.6
2026
0.08
-0.74
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
0.61
2026
- -
- -
- -
- -
- -

Company Description

CEO
Okan Bayrak
Full Time Employees
356
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Ahi Evran OSB Mah Sincan AN Turkey 06935
IPO Date
Jul 4, 2024
Business
Segmen Kardesler Gida Uretim Ve Ambalaj Sanayi AS (SEGMN.IS) manufactures and wholesales a wide range of packaged food products in Turkey, focusing on jams, honey, spreads, confectionery, and spices. The company produces fruit jams including diabetic, sugar-free, and probiotic varieties; honeys such as flower and pine honey; halva and diabetic halva; nut-based spreads like hazelnut cream, peanut butter, and biscuit spreads; tahini and molasses products including grape, mulberry, carob, and tahini-molasses mixes; Turkish delight (lokum); an assortment of spices encompassing red pepper flakes, black pepper, cumin, sesame, mint, sumac, and cinnamon; herbal teas; butter; purees and sauces; frozen fruits and vegetables; and contract-manufactured items such as cream cheese and triangular cheese. It operates four production facilities—three in Ankara and one in Afyonkarahisar—along with an accredited laboratory and regional directorates in Istanbul, Izmir, and Antalya, serving domestic markets through wholesale, retail, and online channels while exporting to international markets. Founded in 1938 by three brothers as a grocery store in Ankara, Turkey, where it maintains headquarters, the company transitioned to a collective enterprise in 1958 and expanded into modern manufacturing with facilities in Sincan Industrial Zone; it employs approximately 321 people under General Manager Okan Bayrak. Recent developments include sustained revenue growth to TRY 1.85 billion with 11.4% sales increase reported for fiscal year-end December 2025, alongside operational enhancements from a 2.36 MW rooftop solar power plant supporting energy needs and ongoing product diversification in health-oriented lines like sugar-free and probiotic offerings.