Eregli Demir ve Çelik Fabrikalari T.A.S.

Eregli Demir ve Çelik Fabrikalari T.A.S.

ERELY
Eregli Demir ve Çelik Fabrikalari T.A.S.US flagOther OTC
8.02
USD
-0.98
- -
1.08BMarket 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
13.97
16.41
17.02
16.62
26.77
38.59
39.24
45.78
97.47
188.35
219.06
303.58
310.79
276.04
Basic EPS, GAAP
1.31
2.29
1.61
2.17
5.36
8
4.74
4.73
22.18
26.54
5.97
20.06
0.76
10.5
Free Cash Flow per Basic Share
1.31
3.59
4.51
2.65
4.09
4.67
8.31
7.39
2.65
-3.61
-14.96
-5.73
73.95
59.3
Dividend per Share
0.73
1.14
2.01
1.5
2.11
4.25
6.98
1.17
9.75
23.17
- -
2.61
2.56
- -
Book Value per Share
1.25
1.47
1.8
2.24
2.75
4.18
4.47
5.87
12.13
17.05
27.58
35.25
42.81
47.4
Tangible Book Value per Share
1.22
1.45
1.77
2.21
2.72
4.14
4.42
5.81
11.55
16.26
26.38
33.86
41.16
45.65
Basic Weighted Avg Shares
700
700
700
700
700
700
700
700
700
678
675
672
672
672
Sales/Revenue/Turnover
9,781
11,484
11,915
11,637
18,736
27,015
27,465
32,048
68,227
127,783
147,900
204,060
208,910
185,562
Operating Margin (%)
14.89
17.98
12.76
17.85
25.56
28.4
15.66
16.46
35.7
18.11
7.31
5.92
4.25
4.7
Depreciation Expense
396
437
561
658
720
908
1,150
1,525
2,052
3,494
5,373
8,837
11,296
13,814
Net Income, GAAP
920
1,601
1,126
1,516
3,754
5,598
3,317
3,309
15,527
18,005
4,033
13,481
512
7,061
Effective Tax Rate (%)
23.05
15.51
36.18
30.81
21.33
32.28
31.05
37.96
32.77
15.64
51.01
- -
81.13
211.33
Profit Margin (%)
9.41
13.94
9.45
13.03
20.03
20.72
12.08
10.33
22.76
14.09
2.73
6.61
0.24
3.81
Working Capital
3,533
4,266
5,385
6,837
9,317
14,625
14,686
19,073
42,216
44,748
45,226
106,567
133,714
116,689
LT Debt
2,020
1,348
1,904
1,618
1,365
1,400
2,142
2,813
6,961
8,408
10,980
84,577
118,324
101,541
Total Equity
8,707
10,310
12,538
15,660
19,228
29,255
31,247
41,122
84,548
118,662
191,529
244,424
297,280
328,781
Return on Invested Capital (%)
9.33
13.4
6.56
8.04
16.9
17.08
7.87
7.49
21.29
15.37
2.56
- -
0.41
- -
Return on Capital (%)
8.86
13.29
8.13
8.91
17.24
18.69
9.36
7.85
20.53
15.27
3.18
- -
0.59
0.89
Return on Common Equity (%)
11.74
17.34
10.15
11.07
22.15
23.8
11.31
9.44
25.43
18.19
2.67
6.37
0.2
2.41

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
40,017
38,032
59,533
LT Borrowings
117,458
116,699
100,648
LT Finance Leases
866
896
894
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,722
6,722
6,722
Market Capitalization
1,654,028
1,828,813
2,822,489

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
250,627
257,051
265,475
Cash, Cash Equivalents & STI
115,477
124,156
121,561
Accounts Receivable, Net
27,448
27,036
25,958
Inventories
89,386
88,430
99,517
Total Current Liabilities
116,913
126,599
148,786
Payables & Accruals
- -
- -
- -
ST Debt
40,017
38,032
59,533
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.48%
51.32%
21.62%
Free Cash Flow
-134.08%
-286.99%
-1,389.53%
Net Income, GAAP
63.6%
89.13%
-96.2%
Sales/Revenue/Turnover
37.75%
51.25%
2.38%
Total Cash Common Dividend
- -
- -
-2.11%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49,748
50,470
48,729
55,113
204,060
2025
53,545
41,413
- -
60,995
208,910
2026
59,685
64,883
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.33
6.27
1.14
- -
20.06
2025
0.63
1.94
- -
- -
0.76
2026
0.57
12.72
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.61
2025
- -
- -
- -
- -
2.56
2026
- -
- -
- -
- -
- -

Company Description

CEO
Niyazi Askin Peker
Full Time Employees
12,824
Sector
Basic Materials
Industry
Steel
Address
Barbaros Mahallesi ArdC Sokak No: 6 Istanbul IB Türkiye 34746
IPO Date
Dec 16, 2010
Business
Eregli Demir ve Çelik Fabrikalari T.A.S. Eregli Demir ve Çelik Fabrikalari T.A.S. (Erdemir) produces and sells iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke, and by-products primarily in Turkey and internationally; its flat products include hot rolled flat steel products, cold-rolled flat steel products, galvanized/galvanealed flat steel products, tin/chrome coated flat steel products, plates, and tinplate; it also manufactures integrated, electrical, and siliceous steel, pellets, iron and magnesite ores, refractory materials, and industrial gases. The company provides after-sales services, laboratory and calibration services, steel service center operations, port services through the Port of Erdemir, management and consultancy services, renewable energy production, trading, recycling, and special purpose business activities. Erdemir serves the automotive, white goods, pipe profile, rolling mill, general manufacturing, electrical electronics, machinery, energy, heating equipment, shipbuilding, defense, packaging, construction, and renewable energy industries, with operations centered in Turkey including major facilities at Karadeniz Eregli, Zonguldak on the Black Sea and İskenderun, Hatay Province. Founded in 1960 and headquartered in Istanbul, Turkey, the company operates as part of the OYAK Group following the Turkish Armed Forces Pension Fund's acquisition of a significant stake in 2005, with key subsidiaries including Iskenderun Demir ve Celik A.S. (Isdemir), Erdemir Madencilik Sanayi ve Ticaret A.S., Erdemir Celik Servis Merkezi Sanayi ve Ticaret A.S., and Erdemir Muhendislik Yonetim ve Danismanlik Hizmetleri A.S. Recent developments include the completion and commissioning of a new 1st blast furnace investment at subsidiary Isdemir and No.4 coke battery modernization in May 2025, alongside the introduction of a USD3.2 billion net-zero strategy targeting 25% emissions reduction by 2030 and 40% by 2040, sales guidance for approximately 7.8 million tonnes in 2025, and a CEO appointment in August 2025.

Company News

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