Seker Finansal Kiralama A.S.

Seker Finansal Kiralama A.S.

BBIST:SEKFK
2.92
TRY
-0.32
(-9.88%)
1.20EPS
4.70P/E
1.03BMarket 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
0.19
0.24
0.22
0.23
0.3
0.46
0.43
0.55
0.63
2.02
2.97
6.02
8.53
9.3
Basic EPS, GAAP
0.03
0.03
0.04
0.04
0.03
0.02
-0.03
0.07
0.26
0.56
1.05
0.89
1.08
1.2
Free Cash Flow per Basic Share
-0.35
0.23
-0.11
-0.36
-0.06
0.09
-0.09
0.27
0.33
0.55
1.58
3.81
4.47
2.64
Dividend per Share
- -
- -
- -
- -
0.03
- -
- -
- -
- -
0.02
0.06
0.09
- -
- -
Book Value per Share
0.28
0.32
0.35
0.37
0.37
0.46
0.43
0.51
0.93
1.55
2.83
3.85
5.2
5.87
Tangible Book Value per Share
0.28
0.32
0.35
0.37
0.37
0.46
0.43
0.51
0.93
1.54
2.81
3.8
5.15
5.83
Basic Weighted Avg Shares
173
173
173
173
173
171
182
182
182
182
182
182
182
180
Sales/Revenue/Turnover
34
41
38
39
51
78
78
100
114
366
540
1,094
1,549
1,675
Operating Margin (%)
6.43
-23.83
-28.92
-43.52
-16.6
-33.63
-47.97
-46.77
-51.16
6.85
-8.24
5.11
6.87
-7.7
Depreciation Expense
- -
3
2
- -
- -
- -
6
19
18
6
10
12
11
- -
Net Income, GAAP
5
6
7
7
5
4
-5
13
48
102
191
161
197
217
Effective Tax Rate (%)
19.02
- -
14.98
1.44
- -
51.72
- -
25.19
12.98
- -
- -
17.45
8.98
- -
Profit Margin (%)
15.52
13.5
18.07
17.41
10.21
5.25
-5.94
13.51
41.99
27.93
35.46
14.71
12.71
12.94
Working Capital
374
190
258
317
259
220
229
257
59
-45
-246
-935
-443
-1,577
LT Debt
330
162
224
231
279
263
300
347
345
349
224
727
1,339
822
Total Equity
48
55
61
65
65
84
78
94
169
282
514
699
944
1,067
Return on Invested Capital (%)
0.42
- -
1.87
-4.18
- -
0.74
- -
2.03
-2.39
- -
- -
6.65
5.13
- -
Return on Capital (%)
1.61
- -
1.7
1.54
- -
0.72
- -
2.01
5.49
- -
- -
6.36
5.14
- -
Return on Common Equity (%)
11.37
10.84
11.76
10.87
8.1
5.52
-5.7
15.72
36.51
45.5
48.19
26.54
23.95
23.21

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,384
2,664
3,929
LT Borrowings
1,105
684
526
LT Finance Leases
234
290
297
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
182
182
182
Market Capitalization
800
1,060
1,027

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,089
2,085
2,502
Cash, Cash Equivalents & STI
186
129
134
Accounts Receivable, Net
201
153
184
Inventories
- -
- -
- -
Total Current Liabilities
2,531
2,942
4,079
Payables & Accruals
- -
- -
- -
ST Debt
2,384
2,664
3,929
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.87%
60.14%
35.09%
Free Cash Flow
-28.61%
87.42%
17.16%
Net Income, GAAP
-18.56%
92.59%
22.34%
Sales/Revenue/Turnover
54.17%
85.46%
41.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
254
209
275
356
1,094
2025
369
367
409
403
1,549
2026
414
449
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.36
0.1
-0.03
0.47
0.89
2025
0.29
0.22
0.23
0.35
1.08
2026
0.41
0.22
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.09
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Rahime Özlem Baysal
Full Time Employees
32
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Istanbul Turkey
IPO Date
Jul 23, 2004
Business
Seker Finansal Kiralama A.S. (operating as Şeker Leasing) is a Turkey-based financial services company primarily engaged in providing financial leasing, operational leasing, and asset-backed investment financing solutions to corporate, commercial, and small and medium-sized enterprise (SME) clients. Incorporated in 1997 and headquartered in Istanbul, Turkey, the company operates as a financial services subsidiary of Şekerbank T.A.Ş. and serves businesses nationwide. The company provides a comprehensive range of equipment and asset financing products, including financial leasing for industrial production machinery and manufacturing systems; construction, excavation, and earthmoving machinery; commercial transport vehicles, light and heavy commercial vehicle fleets, and logistics transport units; maritime transport assets, including commercial cargo vessels, tankers, and sea transport equipment; renewable energy installations, solar energy systems, and energy efficiency infrastructure; healthcare, medical, and diagnostic imaging equipment; information technology hardware, servers, telecommunication infrastructure, and office automation technologies; commercial real estate, including factories, office buildings, manufacturing plants, and tourism facilities; sale-and-leaseback (sale-leaseback) financing structures designed to optimize working capital and corporate liquidity; specialized funding programs for startups, small businesses, and women entrepreneurs; and complementary lease-related insurance agency services. In recent strategic and operational developments, Seker Finansal Kiralama A.S. completed a major paid-in capital increase in 2026, doubling its issued share capital from TRY 100 million to TRY 200 million following approvals from the Capital Markets Board of Turkey (SPK) and execution of its preemptive rights offerings to strengthen its capital adequacy and support portfolio expansion. The company has also maintained active domestic bond and commercial paper issuance programs marketed to qualified institutional investors, registered amendments to its articles of association to modernize its governance framework, sustained a high corporate governance rating from Kobirate, and broadened its sustainable financing initiatives to support green asset acquisitions and renewable energy transitions among Turkish industrial and SME clients.