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Turcas Holding A.S.

Turcas Holding A.S.

BBIST:TRCAS
39.96
TRY
-0.82
(-2.01%)
10.65BMarket 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
0.18
0.22
- -
- -
- -
0.18
0.18
0.25
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
0.09
-0.05
-0.15
0.07
0.24
-0.5
-0.11
-0.48
-0.31
3.01
4.67
4.6
2.41
- -
Free Cash Flow per Basic Share
-0.22
-0.05
0.57
0.56
-0.37
-0.01
0.14
0.11
0.38
2.38
-1.74
-0.24
-1.86
-2.33
Dividend per Share
0.03
0.04
0.05
0.05
0.06
- -
- -
- -
- -
- -
- -
0.7
1.88
4.12
Book Value per Share
2.91
2.8
2.56
2.58
2.77
2.27
2.11
1.48
0.77
24.66
40.17
56.58
57.27
68.77
Tangible Book Value per Share
2.91
2.8
2.56
2.35
2.31
2.05
1.89
1.27
0.77
24.66
40.17
56.57
57.27
68.77
Basic Weighted Avg Shares
270
270
248
270
270
256
256
256
256
256
256
256
256
256
Sales/Revenue/Turnover
49
60
1
- -
- -
46
45
64
- -
- -
- -
- -
- -
- -
Operating Margin (%)
-28.05
-23.45
-2,622.56
- -
- -
15.96
4.91
30.35
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
2
1
2
2
11
11
11
3
15
22
38
39
35
Net Income, GAAP
25
-15
-36
18
66
-127
-29
-124
-80
769
1,193
1,175
616
- -
Effective Tax Rate (%)
- -
3,051.4
- -
7.71
25.39
- -
- -
- -
- -
2.29
- -
0.92
4.56
- -
Profit Margin (%)
51.96
-24.67
-4,780.25
- -
- -
-274.53
-63.82
-193.86
- -
- -
- -
- -
- -
- -
Working Capital
75
196
140
53
6
-4
16
-22
-209
129
231
657
1,131
1,171
LT Debt
403
351
347
404
510
615
629
715
586
552
257
- -
- -
- -
Total Equity
707
680
633
641
689
561
520
365
191
6,095
9,928
13,983
14,155
16,996
Return on Invested Capital (%)
- -
-37.31
- -
0.32
0.21
- -
- -
- -
- -
-4.33
- -
0.61
-2.5
- -
Return on Capital (%)
- -
-39.86
- -
3.16
6.85
- -
- -
- -
- -
20.54
- -
9.81
4.38
- -
Return on Common Equity (%)
3.61
-2.13
-5.55
2.83
9.91
-20.46
-5.31
-28.02
-28.83
24.47
14.89
9.83
4.38
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
247
247
247
Market Capitalization
10,351
9,975
10,652

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,178
1,467
1,203
Cash, Cash Equivalents & STI
1,165
1,442
1,185
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
47
40
32
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
310.28%
629.98%
1.23%
Free Cash Flow
-10.05%
239.69%
681.8%
Net Income, GAAP
-101.46%
-217.87%
-47.61%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
166.63%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.1
0.71
2.45
1.19
4.6
2025
-0.12
2.04
- -
-0.74
2.41
2026
3.02
0.4
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.7
2025
- -
- -
0.67
1.07
1.88
2026
- -
2.37
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Saffet Batu Aksoy
Full Time Employees
37
Sector
Utilities
Industry
Electric utilities
Address
Istanbul Turkey
IPO Date
Sep 30, 1999
Website
turcas.com.tr
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Business
Turcas Holding A.S. is a Turkey-based investment holding company primarily engaged in fuel retail, lubricants distribution, power generation, and diversified asset investments. The company conducts its core business operations through strategic joint ventures, providing a systematic range of energy products, retail solutions, and industrial services: retail automotive fuels, including gasoline, diesel, and autogas; commercial, fleet, and aviation fuels; automotive, commercial, and industrial lubricants, motor oils, and specialized greases produced at its Derince manufacturing facility; non-fuel retail goods, packaged foods, and beverages distributed via Shell Select convenience stores; automotive car care and car wash services; base-load and peak electricity generated from natural gas-fired combined-cycle and solar assets; and terminal storage, import, export, and logistics management for petroleum products. Turcas manages its downstream petroleum retail and lubricant distribution through Shell & Turcas Petrol A.S., an alliance operating a nationwide network of approximately 1,250 mobility stations, and manages power generation through RWE & Turcas Guney Elektrik Uretim A.S., which owns and operates the 800 MW Denizli Natural Gas Combined Cycle Power Plant. In recent strategic developments, the company officially rebranded from Turcas Petrol A.S. to Turcas Holding A.S. to facilitate a structured corporate reorganization and diversification program expanding beyond conventional energy into global real estate, technology, and venture capital. In support of this mandate, Turcas established wholly owned international subsidiaries, including Turcas International Holding A.S. and Turcas USA 1, LLC, completing an equity acquisition in a luxury residential development in Manhattan, New York, as well as capital commitments to venture funds such as BEK Ventures Digital East Fund II. Furthermore, within its power generation joint venture, the company obtained regulatory license amendments and commenced construction of an integrated 20 MW hybrid solar photovoltaic power plant at its Denizli generation site. Founded in 1931 as Turkpetrol and publicly traded on Borsa Istanbul under the ticker TRCAS, Turcas Holding A.S. is headquartered in Istanbul, Turkey.