Vakif Finansal Kiralama AS

Vakif Finansal Kiralama AS

BBIST:VAKFN
0.80
TRY
-0.04
(-4.76%)
8.15BMarket 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
0.02
0.02
0.02
0.03
0.03
0.05
0.06
0.06
0.12
0.22
0.77
1.29
1.1
- -
Basic EPS, GAAP
- -
- -
0.01
0.01
0.01
0.01
0.01
0.01
0.04
0.1
0.29
0.31
0.29
- -
Free Cash Flow per Basic Share
- -
- -
0.01
-0.01
- -
-0.01
0.01
- -
0.09
0.33
-0.08
0.01
-0.07
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.03
0.02
0.03
0.04
0.05
0.06
0.07
0.08
0.15
0.26
0.57
0.96
1.24
1.35
Tangible Book Value per Share
0.03
0.02
0.03
0.04
0.05
0.06
0.07
0.08
0.15
0.26
0.57
0.95
1.24
1.35
Basic Weighted Avg Shares
4,218
4,218
4,218
4,218
4,218
4,218
4,218
4,218
2,963
5,053
5,053
5,250
5,250
5,814
Sales/Revenue/Turnover
66
82
105
113
142
204
239
267
369
1,107
3,871
6,752
5,771
- -
Operating Margin (%)
-3.31
-19.3
7.34
0.94
18.61
1.73
7.22
18.62
27.04
23.77
28.56
25.09
25.69
- -
Depreciation Expense
- -
- -
1
1
1
1
2
2
3
3
6
11
13
- -
Net Income, GAAP
1
-4
24
23
34
40
32
60
128
519
1,443
1,652
1,529
- -
Effective Tax Rate (%)
- -
519.54
16.98
18.77
20.16
20.57
20
30.39
22.42
25.04
29.82
32.29
26.02
- -
Profit Margin (%)
1.99
-4.7
22.58
20.68
23.81
19.55
13.22
22.57
34.71
46.82
37.28
24.47
26.5
- -
Working Capital
719
829
491
1,603
1,980
2,738
2,845
1,330
4,758
4,665
4,589
1,047
5,374
1,295
LT Debt
643
755
383
1,465
1,799
2,690
2,601
1,119
4,176
4,238
13,004
8,592
16,651
10,358
Total Equity
109
105
144
170
205
247
283
355
702
1,325
2,863
5,731
7,456
8,113
Return on Invested Capital (%)
- -
-0.42
2.05
1.27
1.68
1.89
1.28
2.25
3.26
7.14
9.95
7.74
5.78
- -
Return on Capital (%)
- -
-21.99
6.33
4.27
4.72
6.55
5.51
4.67
5.89
5.76
8.04
6.22
4.85
- -
Return on Common Equity (%)
1.21
-3.61
19.03
14.85
18.03
17.68
11.91
18.89
24.22
51.16
68.92
38.45
23.19
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,568
10,346
17,207
LT Borrowings
16,645
15,618
10,354
LT Finance Leases
6
6
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,000
6,000
6,000
Market Capitalization
9,200
8,550
8,150

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,117
20,982
20,960
Cash, Cash Equivalents & STI
184
3,869
4,293
Accounts Receivable, Net
13,283
12,812
13,325
Inventories
- -
- -
- -
Total Current Liabilities
11,742
13,088
19,665
Payables & Accruals
- -
- -
- -
ST Debt
9,568
10,346
17,207
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
53.23%
86.55%
30.11%
Free Cash Flow
-1,438.85%
-2,823.01%
-1,338.89%
Net Income, GAAP
73.45%
120.51%
-7.44%
Sales/Revenue/Turnover
65.4%
109.53%
-14.53%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,618
1,828
1,905
1,401
6,752
2025
1,466
1,435
- -
1,336
5,771
2026
1,192
1,233
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.1
0.08
0.05
0.31
2025
0.05
0.05
- -
0.11
0.29
2026
0.08
0.04
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

CEO
Metin Özetci
Full Time Employees
82
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Istanbul Turkey
IPO Date
Apr 24, 1991
Business
Vakif Finansal Kiralama AS is a Turkey-based financial services institution primarily engaged in the provision of domestic and cross-border financial leasing, asset-backed financing, and investment equipment funding for corporate, commercial, and small and medium-sized enterprise (SME) clients. Founded in 1988 and headquartered in Istanbul, Turkey, the company operates as a subsidiary of Turkiye Vakiflar Bankasi TAO (VakifBank). Vakif Finansal Kiralama AS offers a comprehensive portfolio of leasing products and financing structures, including real estate leasing for commercial offices, manufacturing plants, logistics hubs, and warehouses; industrial machinery and production equipment leasing covering metal processing, textile, plastics, packaging, and printing technologies; heavy construction, mining, and earthmoving machinery leasing; transportation equipment leasing, including commercial vehicle fleets, maritime vessels, and logistics carriers; renewable energy and green asset financing, focusing on rooftop and land-based solar photovoltaic (PV) installations, biomass facilities, and energy efficiency upgrades; medical and healthcare equipment leasing, including diagnostic imaging and clinical laboratory apparatus; information technology, software, and telecommunications infrastructure leasing; and sale-and-leaseback transactions designed for corporate liquidity optimization and balance sheet management. The company distributes its services nationwide across Turkey through dedicated regional branch offices and the integrated multi-channel banking network of VakifBank. In recent developments, Vakif Finansal Kiralama AS has increased its registered and paid-in capital to expand its lending headroom and support portfolio growth, while continuously diversifying its liabilities through domestic lease certificate (sukuk) and bond issuances. The company has also expanded strategic vendor financing agreements with domestic and multinational machinery manufacturers, enlarged its portfolio allocation toward sustainable and renewable energy projects, and enhanced its digital leasing platform to automate application processing, credit underwriting, and document execution for commercial and SME customers.