1. Turkey Stocks

  2. •

    Consumer durables

  3. •

    Motor vehicles
Tofas Turk Otomobil Fabrikasi A.S.

Tofas Turk Otomobil Fabrikasi A.S.

BBIST:TOASO
223.70
TRY
-4.20
(-1.84%)
25.42EPS
12.11P/E
154.00BMarket Cap
Oct 28Next Earn
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
14.43
15.24
20.34
29.21
35.74
38.2
38.53
47.73
60.66
253.92
375.23
338.02
663.58
860.16
Basic EPS, GAAP
0.87
1.15
1.66
1.94
2.57
2.66
2.96
3.57
6.56
18.75
43.55
13.67
16.71
25.42
Free Cash Flow per Basic Share
1.98
-0.08
-1.11
-0.23
0.96
1.55
5.9
1.35
3.12
36.56
18.26
-37.21
-12.14
-59.48
Dividend per Share
0.96
0.65
0.97
0.73
0.7
1.6
1.76
2.4
3
14.88
12.98
32.85
14.27
18.87
Book Value per Share
3.8
4.48
5.16
5.91
7.17
7.41
8.66
8.94
11.49
51.7
106.49
123.3
120.06
131.48
Tangible Book Value per Share
2.55
2.69
2.6
2.37
3.76
4.25
5.34
5.18
7.65
40.51
94.19
112.41
95.54
104.13
Basic Weighted Avg Shares
500
500
500
500
500
500
500
500
500
500
500
500
500
500
Sales/Revenue/Turnover
7,216
7,621
10,169
14,605
17,869
19,099
19,265
23,867
30,328
126,962
187,616
169,009
331,790
430,082
Operating Margin (%)
6.6
6.34
6.69
5.6
6.53
7.94
7.43
8.83
15.04
8.22
11.9
3.44
1.47
1.88
Depreciation Expense
324
299
360
523
697
775
760
759
1,199
7,294
5,674
8,115
7,481
5,791
Net Income, GAAP
434
574
831
970
1,283
1,330
1,482
1,784
3,281
9,374
21,777
6,834
8,354
12,712
Effective Tax Rate (%)
8.98
- -
- -
- -
- -
- -
- -
2.55
6.57
13.03
17.7
- -
5.48
10.23
Profit Margin (%)
6.02
7.53
8.17
6.64
7.18
6.97
7.69
7.48
10.82
7.38
11.61
4.04
2.52
2.96
Working Capital
825
454
681
546
881
991
843
1,961
2,412
12,191
36,005
47,383
49,602
50,985
LT Debt
1,281
1,312
2,554
2,979
3,231
2,971
2,104
3,863
3,621
3,112
7,353
22,204
37,415
40,791
Total Equity
1,899
2,241
2,582
2,957
3,583
3,707
4,329
4,469
5,743
25,849
53,246
61,652
60,031
65,741
Return on Invested Capital (%)
7.92
- -
- -
- -
- -
- -
- -
20.74
31.09
31.46
30.28
- -
3.22
5.79
Return on Capital (%)
10.73
- -
- -
- -
- -
- -
- -
19.4
31.43
55.71
47.53
- -
8.46
11.48
Return on Common Equity (%)
21.93
27.74
34.45
35.03
39.23
36.5
36.88
40.56
64.26
59.34
55.07
11.9
13.73
22.31

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
16,254
25,114
29,574
LT Borrowings
37,412
44,249
40,781
LT Finance Leases
3
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
500
500
500
Market Capitalization
123,500
136,875
154,000

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
120,393
142,693
152,293
Cash, Cash Equivalents & STI
19,874
20,824
10,914
Accounts Receivable, Net
50,686
51,517
58,307
Inventories
16,856
33,234
43,397
Total Current Liabilities
70,791
90,924
101,308
Payables & Accruals
- -
- -
- -
ST Debt
16,254
25,114
29,574
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
55.69%
99.55%
-2.63%
Free Cash Flow
44.45%
156.55%
-67.38%
Net Income, GAAP
44%
71.1%
22.23%
Sales/Revenue/Turnover
57.75%
95.97%
96.31%
Total Cash Common Dividend
65.08%
100.94%
-56.55%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
48,711
34,965
31,425
35,699
169,009
2025
34,906
95,122
90,132
133,854
331,790
2026
100,478
105,619
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.75
3.48
0.85
0.39
13.67
2025
-0.37
4.63
2.42
10.85
16.71
2026
5.98
6.18
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
2.2
1.48
32.85
2025
- -
- -
-3.13
0.6
14.27
2026
20
1.4
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Cengiz Eroldu
Full Time Employees
4,612
Sector
Consumer durables
Industry
Motor vehicles
Address
BUeyUekdere Cad. No: 145 Tofas Han Istanbul IB Turkey 34394
IPO Date
Jul 1, 1991
Website
tofas.com.tr
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Business
Tofas Turk Otomobil Fabrikasi Anonim Sirketi (TOASO.IS) manufactures and sells passenger cars and light commercial vehicles primarily in Turkey; produces automotive spare parts; trades in automobiles and spare parts; and provides consumer financing and insurance services. The company offers products under the Fiat (including Egea family sedan and cross, Fiat Professional), Alfa Romeo, Jeep, Citroen, DS Automobiles, Opel, Peugeot, Maserati, and Ferrari brands, as well as Opar and Magneti Marelli aftermarket parts; operates an integrated dealer network for sales, after-sales service, spare parts, used vehicles, and vehicle financing across Turkey; and exports vehicles to 80 countries worldwide from its Bursa manufacturing plant. Founded in 1968 and headquartered in Istanbul with production in Bursa, Tofas functions as a key Stellantis manufacturing and R&D center, employing nearly 5,000 people with an annual capacity of 450,000 vehicles; its shares trade on Borsa Istanbul's BIST 30, BIST 100, Corporate Governance, and Sustainability indexes, with ownership split equally between Koc Holding and Stellantis following recent adjustments. In 2025, Tofas finalizes its EUR400 million acquisition of Stellantis's 37.8% stake in Stellantis Turkiye, assuming full import and distribution rights for Peugeot, Citroen, Opel, and DS Automobiles alongside its existing brands; signs new agreements with Stellantis for used vehicle sales, refurbishment, spare parts distribution, and after-sales services; commits to a EUR232 million investment for new multi-energy light commercial vehicles under Fiat, Opel, Citroen, and Peugeot brands starting production in 2026 with over 1 million units by 2032 and annual export capacity of 200,000-220,000 by 2027; and agrees to export 230,000 K0 light commercial vehicles to North America with a nearly $450 million investment.