Kardemir Karabük Demir Çelik Sanayi Ve Ticaret A.S.

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret A.S.

KRDMD.IS
Kardemir Karabük Demir Çelik Sanayi Ve Ticaret A.S.TR flagIstanbul Stock Exchange
36.30
TRY
-1.24
- -
41.38BMarket Cap
Kardemir Karabük Demir Çelik Sanayi Ve Ticaret A.S.
KRDMD.IS
(Istanbul Stock Exchange)

Recent

price

36.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.88
1.4
1.48
1.59
1.92
1.96
2.05
3.48
4.9
5.33
6.6
12.95
47.71
65.64
65.31
58.93
56.86
Revenue per Share
0.02
0.16
0.17
0.09
0.32
-0.02
-0.11
0.22
0.71
0.07
0.05
3.38
0.98
2.02
-3.5
-1.48
-0.06
Basic EPS, GAAP
-0.1
0.04
-0.1
0.26
-0.28
- -
0.07
1.1
-0.12
0.59
1.18
4.19
-9.04
6.49
-4.15
-2.1
4.12
Free Cash Flow per Basic Share
- -
- -
0.04
- -
- -
0.08
- -
- -
- -
0.24
- -
- -
1.81
0.45
- -
- -
- -
Dividend per Share
0.74
0.92
1.04
1.08
1.4
1.31
1.21
1.44
2.16
1.96
2.05
5.46
22.98
34.24
41.13
39.65
43.35
Book Value per Share
0.71
0.86
0.99
1.04
1.35
2.03
1.93
2.11
3.55
3.38
3.4
8.71
32.09
46.61
59.16
74.45
81.76
Tangible Book Value per Share
1,140
1,140
1,140
1,140
1,140
1,140
1,140
1,140
1,140
1,140
1,140
1,140
1,135
1,135
1,132
1,132
1,137
Basic Weighted Avg Shares
1,009
1,591
1,687
1,812
2,189
2,231
2,337
3,973
5,583
6,076
7,520
14,765
54,168
74,529
73,954
66,719
64,672
Sales/Revenue/Turnover
3.03
14.51
12.96
12.38
20.1
4.91
7.55
14.04
27.95
6.3
12.62
30.83
5.87
1.82
2.42
4.84
6.17
Operating Margin (%)
64
66
83
95
83
102
127
140
146
200
225
245
1,506
2,342
2,933
3,125
3,202
Depreciation Expense
21
185
194
100
370
-21
-124
252
814
81
61
3,853
1,108
2,293
-3,968
-1,680
-66
Net Income, GAAP
3.9
7.58
18.62
17.7
7.93
- -
- -
- -
23.62
- -
21.19
13.75
66.32
- -
- -
4,303
104.47
Effective Tax Rate (%)
2.09
11.64
11.52
5.53
16.89
-0.96
-5.3
6.33
14.59
1.33
0.81
26.09
2.05
3.08
-5.37
-2.52
-0.1
Profit Margin (%)
89
247
350
187
345
116
3
-72
808
178
113
2,747
8,494
8,646
9,549
10,840
12,921
Working Capital
124
224
462
646
951
1,395
1,600
1,404
1,492
1,528
1,533
1,575
846
575
433
2,133
1,997
LT Debt
810
995
1,144
1,197
1,565
2,349
2,237
2,447
4,087
3,881
3,903
9,962
36,606
53,195
67,325
84,653
93,415
Total Equity
3.1
18.74
11.69
9.83
16.88
- -
- -
- -
22.73
- -
12.43
41.09
3.99
- -
- -
-162.94
-0.22
Return on Invested Capital (%)
2.15
20.5
13.52
11.11
19.4
- -
- -
- -
40.39
- -
15.54
65.66
10.36
- -
- -
-242.89
-0.41
Return on Capital (%)
2.53
19.65
17.4
8.26
26.1
-1.38
-8.63
16.66
39.67
3.43
2.65
90.05
6.86
7.06
-9.29
-3.67
-0.15
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
7,043
6,581
6,192
LT Borrowings
2,557
2,131
1,994
LT Finance Leases
2
2
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,140
1,140
1,140
Market Capitalization
32,302
28,730
35,145

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
35,187
36,571
41,794
Cash, Cash Equivalents & STI
2,354
2,945
4,544
Accounts Receivable, Net
8,019
7,817
9,084
Inventories
20,715
21,366
24,150
Total Current Liabilities
24,170
25,731
28,873
Payables & Accruals
- -
- -
- -
ST Debt
7,043
6,581
6,192
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
58.75%
104.06%
25.74%
Free Cash Flow
580.3%
-89.05%
-49.29%
Net Income, GAAP
624.3%
1,191.42%
-57.67%
Sales/Revenue/Turnover
53.81%
78.05%
-9.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,860
14,943
19,394
15,483
73,954
2025
18,861
14,619
16,058
18,520
66,719
2026
15,475
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.01
-1.1
-1.14
- -
-3.5
2025
-1.71
1.15
-0.6
- -
-1.48
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.Ş. Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.Ş. (KRDMD.IS) manufactures and sells iron, steel, and coke products in Turkey. The company produces steel products including blooms, billets, and beam blanks; rolling mill products such as hot-rolled round steel bars, deformed rebars, steel nip beams, profiles, railway rails, wheels, and billets; coke products comprising cast, metallurgic, and nut coke, ammonium sulfate, pressed naphthalene, tar paint, carbolic oil, benzole, refined and washed oil, and crude tar; and other products like pig iron, granule blast furnace slag, sodium sulfate, metallurgical lime, oxygen, nitrogen, argon, and GI and TH sections for mine support. Founded in 1937 and headquartered in Karabük, Turkey, Kardemir operates primary production facilities in Karabük, serving domestic industry and exporting to over 110 countries, with a crude steel capacity exceeding 2.5 million tons annually. In recent developments, the company increased crude steel production by 4.8% to 2.51 million tons and net finished products by 3.22% to 2.39 million tons in 2024, while boosting exports by 47.2% and achieving record levels in 14 production areas. Kardemir signed a strategic cooperation agreement with AMSTED Rail, the U.S.-based global leader in railroad equipment, to enhance innovation in high value-added products like railway rails, wheels, and wheel sets targeting Europe, the Middle East, North Africa, and South America. It also partnered with Primetals Technologies for digital transformation in sinter plants and plans investments in a large-section rolling mill to raise rolled products capacity by 50% to 2.3 million tons annually, alongside a 2025 sales target of 2.5 million tons and 10% turnover growth.