Ford Otomotiv Sanayi A.S.

Ford Otomotiv Sanayi A.S.

FOVSY
Ford Otomotiv Sanayi A.S.US flagOther OTC
8.00
USD
-0.69
- -
561.46MMarket 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
16.25
16.99
23.86
26.06
36.11
47.44
55.87
70.46
101.31
459.6
847.38
1,109.69
1,183.82
943.32
Basic EPS, GAAP
0.91
0.85
1.2
1.36
2.12
2.4
2.79
5.98
12.54
39.51
100.92
72.48
48.43
30.74
Free Cash Flow per Basic Share
-0.26
-0.06
1.26
1.57
1.93
1.5
2.52
9.18
8.99
30.03
37.02
-13.57
105.4
30.55
Dividend per Share
0.43
0.25
0.57
0.95
1.13
1.72
1.83
1.56
5.1
19.55
36.84
43.88
40.69
48.19
Book Value per Share
0.64
0.78
0.87
0.9
1.05
1.11
1.33
2.01
2.89
14.57
30.04
42.98
44.46
51.06
Tangible Book Value per Share
0.52
0.64
0.72
0.74
0.86
0.87
1.09
1.75
2.47
10.48
22.31
34.83
35.44
40.92
Basic Weighted Avg Shares
702
702
702
702
702
702
702
702
702
702
702
702
702
702
Sales/Revenue/Turnover
11,405
11,925
16,746
18,289
25,341
33,292
39,209
49,451
71,101
322,556
594,705
778,801
830,828
662,039
Operating Margin (%)
5.44
4.83
6.44
6.11
6.53
7.13
6.84
9.16
12.22
7.93
9.04
4.85
4.37
4.39
Depreciation Expense
186
305
405
456
474
569
776
917
1,054
7,196
8,756
14,022
17,205
17,480
Net Income, GAAP
641
595
842
955
1,490
1,683
1,959
4,195
8,801
27,730
70,826
50,869
33,986
21,574
Effective Tax Rate (%)
- -
- -
2.76
1.53
- -
4.42
- -
- -
- -
- -
- -
- -
13.89
0.21
Profit Margin (%)
5.62
4.99
5.03
5.22
5.88
5.06
5
8.48
12.38
8.6
11.91
6.53
4.09
3.26
Working Capital
46
-14
207
368
777
176
1,511
5,124
12,032
15,119
12,686
40,010
42,833
52,755
LT Debt
1,220
1,360
1,301
1,504
1,820
1,679
2,560
4,148
10,799
40,699
60,338
103,273
99,823
110,398
Total Equity
2,237
2,754
3,060
3,164
3,696
3,893
4,665
7,044
10,149
51,142
105,408
150,818
156,021
179,191
Return on Invested Capital (%)
- -
- -
19.47
18.81
- -
28.78
- -
- -
- -
- -
- -
- -
9.88
9.17
Return on Capital (%)
- -
- -
16.62
17.11
- -
22.12
- -
- -
- -
- -
- -
- -
17.38
13.57
Return on Common Equity (%)
30.31
23.84
28.96
30.7
43.44
44.36
45.79
71.65
102.38
90.49
90.48
39.71
22.15
13.5

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
63,345
54,782
57,627
LT Borrowings
98,379
106,831
108,981
LT Finance Leases
1,444
1,513
1,416
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,509
3,509
3,509
Market Capitalization
1,763,752
1,922,142
1,504,563

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
223,457
219,730
238,889
Cash, Cash Equivalents & STI
63,974
56,688
56,042
Accounts Receivable, Net
88,853
74,466
83,065
Inventories
49,331
67,903
68,560
Total Current Liabilities
180,624
174,688
186,133
Payables & Accruals
- -
- -
- -
ST Debt
63,345
54,782
57,627
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
69.7%
120.13%
3.45%
Free Cash Flow
-40.04%
-151.66%
-876.95%
Net Income, GAAP
63.18%
83.78%
-33.19%
Sales/Revenue/Turnover
64.25%
103.89%
6.68%
Total Cash Common Dividend
73.98%
122.12%
-7.29%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
171,508
144,203
188,918
190,329
778,801
2025
210,563
257,341
- -
248,467
830,828
2026
192,443
221,129
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.66
11.5
16.26
- -
72.48
2025
12.1
11.5
- -
16.56
48.43
2026
7.84
6.34
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
2.31
- -
43.88
2025
- -
- -
- -
30.94
40.69
2026
18.2
1.28
- -
- -
- -

Company Description

CEO
Güven Özyurt
Full Time Employees
25,002
Sector
Consumer Cyclical
Industry
Auto - Manufacturers
Address
Akpinar Mahallesi Istanbul IB Türkiye 34885
IPO Date
Feb 1, 2012
Business
Ford Otomotiv Sanayi A.S. operates as a leading automotive manufacturer in Turkey, engaging in the full scope of activities from production and assembly to the import, export, and distribution of Ford-branded motor vehicles and associated spare parts. The company's extensive product portfolio encompasses popular light and medium commercial vehicles, including the Transit, Transit Custom, and Transit Courier, alongside heavy commercial trucks such as the F-Max, and passenger car models like the Puma. Beyond vehicle manufacturing, Ford Otosan also develops and produces essential engines and powertrains. As a significant joint venture between Ford Motor Company and Koç Holding, the company serves as Europe's largest commercial vehicle production center for Ford and a major export hub, with a substantial portion of its sales directed to international markets. Established in 1959, the firm is at the forefront of the automotive industry's electrification trend, actively investing in next-generation electric and connected vehicle technologies and expanding its production capabilities to include electric versions of key models. Ford Otosan manages several production facilities across Turkey, including those in Kocaeli and Eskişehir, and has strategically expanded its international footprint with the acquisition of the Craiova plant in Romania, complemented by an active R&D center.

Company News

  • Ford Otomotiv Sanayi A.S. (FOVSY) Q2 2026 Earnings Call Transcript

  • Ford Otomotiv Sanayi A.S. (FOVSY) Q1 2026 Earnings Call Transcript