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Otokar Otomotiv ve Savunma Sanayi A.S.

Otokar Otomotiv ve Savunma Sanayi A.S.

OTKAR.IS
Otokar Otomotiv ve Savunma Sanayi A.S.TR flagIstanbul Stock Exchange
350.00
TRY
-16.00
- -
42.00BMarket Cap
Otokar Otomotiv ve Savunma Sanayi A.S.
OTKAR.IS
(Istanbul Stock Exchange)

Recent

price

350.00

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
4.31
7.42
8.37
11.68
10.26
11.95
13.62
14.88
13.99
20.26
24.24
37.57
148.49
327.73
367.6
433.02
366.73
Revenue per Share
0.17
0.46
0.65
0.8
0.61
0.66
0.58
0.83
1.37
2.93
5.15
8.68
16.82
23.68
-33.86
-12.16
-17.53
Basic EPS, GAAP
1.01
-1.11
0.07
-0.98
2.48
-1.14
2.76
0.87
1.25
1.99
-3.03
3.77
-31.65
-6.12
-39.85
4.4
68.08
Free Cash Flow per Basic Share
0.17
0.12
0.4
0.53
0.83
0.67
0.6
0.5
0.58
0.6
1.67
3.33
9.18
- -
9.85
- -
1.1
Dividend per Share
0.87
1.19
1.41
1.62
1.32
1.25
1.17
1.45
2.17
4.44
7.76
12.78
43.96
87.12
69.03
56.87
60.98
Book Value per Share
0.98
1.18
1.18
1.22
0.86
0.75
0.51
0.53
0.91
2.21
4.22
6.31
21.08
53.37
15.45
-9.36
4.98
Tangible Book Value per Share
120
120
120
120
120
120
120
120
120
120
120
120
120
120
120
120
120
Basic Weighted Avg Shares
517
891
1,004
1,402
1,232
1,434
1,635
1,785
1,679
2,431
2,909
4,509
17,819
39,327
44,112
51,962
44,003
Sales/Revenue/Turnover
4.96
7.84
10.89
10.39
10.79
9.16
8.73
8.61
12.59
16.49
20.93
21.14
6.11
5.62
-3.71
1.98
-1
Operating Margin (%)
16
22
30
40
46
48
49
62
61
79
97
105
689
1,316
1,986
2,027
1,877
Depreciation Expense
21
55
78
97
73
80
70
99
164
352
618
1,042
2,018
2,841
-4,063
-1,459
-2,103
Net Income, GAAP
- -
11.22
7.02
10.8
11.02
9.49
- -
- -
- -
- -
1.11
- -
7.07
- -
- -
- -
10.65
Effective Tax Rate (%)
4.02
6.16
7.79
6.89
5.91
5.54
4.27
5.57
9.79
14.46
21.26
23.1
11.33
7.22
-9.21
-2.81
-4.78
Profit Margin (%)
68
-11
150
129
32
235
384
559
934
905
1,052
1,108
1,745
4,607
9,902
1,748
1,653
Working Capital
- -
82
236
332
274
509
425
190
500
548
979
1,261
2,143
3,332
15,646
14,578
4,116
LT Debt
174
213
242
273
244
245
243
284
390
638
1,007
1,497
6,527
11,988
10,718
8,549
8,934
Total Equity
- -
20.7
22.68
20.75
17.98
16.78
- -
- -
- -
- -
28.36
- -
8.91
- -
- -
- -
- -
Return on Invested Capital (%)
- -
29.8
26.43
22.55
18.75
18.25
- -
- -
- -
- -
35.78
- -
29.82
- -
- -
- -
78.47
Return on Capital (%)
19.83
44.5
50.31
53.1
41.24
51.73
48.19
63.46
75.69
88.56
84.41
84.51
59.28
36.13
-43.37
-19.31
-29.76
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
12,188
12,882
16,618
LT Borrowings
15,514
7,258
3,997
LT Finance Leases
132
110
119
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
120
120
120
Market Capitalization
58,135
59,245
49,164

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
34,532
34,008
34,038
Cash, Cash Equivalents & STI
1,926
6,060
2,195
Accounts Receivable, Net
15,562
8,841
9,988
Inventories
15,658
18,030
18,897
Total Current Liabilities
24,630
33,179
32,385
Payables & Accruals
- -
- -
- -
ST Debt
12,188
12,882
16,618
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
61.23%
87.51%
-20.24%
Free Cash Flow
-136.56%
-160.98%
-111.04%
Net Income, GAAP
18.13%
-20.82%
-64.1%
Sales/Revenue/Turnover
58.26%
100.18%
17.8%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,761
10,350
9,721
12,465
44,112
2025
10,416
11,400
21,025
- -
51,962
2026
9,547
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-4.8
-10.36
-10.04
- -
-33.86
2025
-5.05
3.43
- -
- -
-12.16
2026
-13.34
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.66
- -
9.85
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Otokar Otomotiv ve Savunma Sanayi A.S. (OTKAR.IS) designs, manufactures and markets commercial vehicles and defense industry products including urban, interurban and tourism buses such as Centro, Doruk, Vectio, Kent Electra and Doruk Electra; light trucks including the Atlas series; trailers, tankers and car transporters; and military vehicles encompassing tactical wheeled armored platforms like Arma 6x6, Arma 8x8, Akrep, Cobra II and Kaya, tracked armored vehicles, unmanned systems and turret systems. Founded in 1963 and headquartered in Arifiye, Sakarya, Turkey, with registered offices in Istanbul, the company, a subsidiary of Koc Holding A.S., operates production facilities in Turkey and exports to over 60 countries worldwide, serving public transportation, logistics, and defense sectors with a focus on in-house R&D for wheeled, tracked and hybrid/electric technologies. Recent developments include a November 2024 contract worth RON 4.26 billion to supply 1,059 Cobra II vehicles to Romania, followed by an April 2025 joint venture with Automecanica S.A. for local production of approximately 800 units in Medias starting late 2025; a March 2025 acquisition of Mauri Bus System S.r.l. in Italy to bolster European bus market presence with zero-emission vehicles; a November 2025 strategic cooperation agreement with Guardiaris for military vehicle simulators including Cobra II and Arma 8x8; and a production agreement with Daimler Buses, alongside steady European growth and successful testing of the autonomous e-Centro by TÜV Rheinland.