Sekuro Plastik Ambalaj Sanayi A.S.

Sekuro Plastik Ambalaj Sanayi A.S.

BBIST:SEKUR
3.21
TRY
-0.29
(-8.29%)
0.11EPS
98.43P/E
1.96BMarket Cap
Sekuro Plastik Ambalaj Sanayi A.S.
BIST:SEKUR
(Istanbul Exchange)

Recent

price

3.21

P/E

ratio

98.43

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
0.18
0.22
0.31
0.42
0.62
0.73
0.91
1.45
2.82
3.16
6.06
6.44
9.03
Revenue per Share
- -
-0.02
- -
0.02
- -
0.01
-0.01
-0.04
0.08
-0.11
-0.09
-0.05
0.11
Basic EPS, GAAP
-0.08
- -
-0.04
-0.05
0.08
0.02
0.06
-0.04
- -
0.36
-1.28
-0.57
-0.78
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.09
0.07
0.08
0.21
0.29
0.34
0.41
0.73
0.95
1.37
1.89
2.99
3.21
Book Value per Share
0.09
0.07
0.08
0.21
0.29
0.33
0.41
0.73
0.94
1.34
1.89
2.99
3.21
Tangible Book Value per Share
208
208
208
208
208
208
208
208
208
208
192
251
216
Basic Weighted Avg Shares
37
45
64
87
130
151
189
302
587
658
1,162
1,618
1,955
Sales/Revenue/Turnover
4.94
4.59
13.65
12.48
10.77
9.95
9.25
13.43
8.02
7.49
6.66
7.67
8.98
Operating Margin (%)
1
2
2
3
6
8
9
11
22
30
48
58
59
Depreciation Expense
- -
-4
1
4
-1
2
-2
-7
16
-22
-17
-13
23
Net Income, GAAP
- -
- -
21.71
22.08
142.9
44.67
1,642.96
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-1.17
-9.16
1.26
4.21
-0.64
1.51
-1.05
-2.43
2.68
-3.35
-1.43
-0.82
1.17
Profit Margin (%)
12
9
1
11
11
20
4
-20
30
-81
-86
-112
-143
Working Capital
9
14
10
18
30
33
26
69
99
103
129
151
138
LT Debt
19
15
16
43
60
70
86
152
199
286
430
562
603
Total Equity
- -
- -
17.8
14.8
-5.16
6.82
-166.76
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
7.1
11.07
-2.67
5.96
-61.86
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
-24.15
5.25
12.36
-1.61
3.53
-2.56
-6.19
8.98
-9.11
-4.64
-2.67
4.41
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
547
616
639
LT Borrowings
130
18
122
LT Finance Leases
21
8
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
188
188
188
Market Capitalization
666
1,295
1,957

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
952
1,032
1,271
Cash, Cash Equivalents & STI
53
26
23
Accounts Receivable, Net
583
656
835
Inventories
297
328
342
Total Current Liabilities
1,064
1,238
1,414
Payables & Accruals
- -
- -
- -
ST Debt
547
616
639
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
49.02%
46.65%
30.64%
Free Cash Flow
573.82%
1,460.38%
-41.21%
Net Income, GAAP
-78.36%
-65.84%
-20.44%
Sales/Revenue/Turnover
45.15%
56.38%
39.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
274
264
317
307
1,162
2025
390
389
411
429
1,618
2026
480
635
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
0.07
-0.01
0.03
-0.09
2025
-0.07
-0.11
-0.09
0.3
-0.05
2026
0.16
-0.25
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Sekuro Plastik Ambalaj Sanayi A.S. is a Turkey-based packaging manufacturing company engaged in the development, production, and marketing of protective and flexible polyethylene packaging materials and film solutions. Founded in 1997 and headquartered in Istanbul, Turkey, the company operates an advanced manufacturing facility spanning 9,000 square meters of enclosed area within the Bozuyuk Organized Industrial Zone in Bilecik. Sekuro Plastik serves a broad spectrum of commercial and industrial clients across sectors such as automotive, electronics, consumer appliances and white goods, furniture, ceramics and glassware, food and beverage processing, agriculture, and logistics and e-commerce across domestic and export markets. The company offers a comprehensive product portfolio organized across specialized protective packaging and technical film lines, which include: polyethylene (PE) air bubble films engineered in standard 10mm and 30mm bubble diameters, manufactured in continuous rolls, pre-cut sheets, perforated formats, and custom bubble bags; laminated protective barrier materials combining polyethylene bubble films with high-density polyethylene (HDPE), kraft paper, aluminum foil, polyethylene foam, and custom-printed substrates for impact resistance, thermal insulation, and surface shielding; specialty performance films, including antistatic (ESD-safe) films, ultraviolet (UV)-stabilized films, flame-retardant films, and volatile corrosion inhibitor (VCI) bubble packaging for sensitive electronic components and metallic parts; flexible polyethylene films, encompassing plain PE extrusion films, single-layer and multi-layer lamination base films, and barrier films for flexible food packaging converters; and industrial shrink films, protective sleeves, and pallet wrapping covers tailored for weatherproofing, dust prevention, and transit stabilization. In recent developments, Sekuro Plastik has implemented significant corporate restructuring and strategic reorganization initiatives. In August 2026, the company finalized the sale of its 99.82% equity stake in subsidiary Polifilm Ambalaj Sanayi A.S. for 4.25 million USD to streamline operational assets and redeploy capital into high-value-added investment areas, concurrently completing the transfer of 73 manufacturing employees to Polifilm Ambalaj. In September 2026, major shareholder Murat Hakan Cil submitted an application to the Capital Markets Board of Turkey (SPK) regarding the transfer of a 27.18% equity stake (51 million shares) to Bulls Girisim Sermayesi Yatirim Ortakligi A.S., marking the entry of an institutional venture capital partner. Concurrently, following an extraordinary general assembly meeting in September 2026, the company reconstituted its board of directors and corporate governance structure to guide its strategic repositioning and long-term expansion plans.