1. Türkiye Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Manufacturers
Tofas Türk Otomobil Fabrikasi Anonim Sirketi

Tofas Türk Otomobil Fabrikasi Anonim Sirketi

TOASO.IS
Tofas Türk Otomobil Fabrikasi Anonim SirketiTR flagIstanbul Stock Exchange
301.50
TRY
-0.50
- -
150.75BMarket Cap
Tofas Türk Otomobil Fabrikasi Anonim Sirketi
TOASO.IS
(Istanbul Stock Exchange)

Recent

price

301.50

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
12.82
14.9
13.79
14.43
15.24
20.34
29.21
35.74
38.2
38.53
47.73
60.66
253.92
375.23
338.02
663.58
792.93
Revenue per Share
0.77
0.95
0.88
0.87
1.15
1.66
1.94
2.57
2.66
2.96
3.57
6.56
18.75
43.55
13.67
16.71
22.74
Basic EPS, GAAP
0.43
-0.28
1.68
1.98
-0.08
-1.11
-0.23
0.96
1.55
5.9
1.35
3.12
36.56
18.26
-37.21
-12.14
-28.85
Free Cash Flow per Basic Share
0.26
0.5
0.5
0.96
0.65
0.97
0.73
0.7
1.6
1.76
2.4
3
14.88
12.98
32.85
14.27
21.55
Dividend per Share
2.69
3.07
3.41
3.24
3.69
4.32
5.47
7.27
8.17
9.41
10.58
14.08
29.07
67.41
59.52
60.57
52.52
Book Value per Share
1.68
2.01
2.76
2.55
2.69
2.6
2.37
3.76
4.25
5.34
5.18
7.65
40.51
94.19
112.41
95.54
91.69
Tangible Book Value per Share
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
Basic Weighted Avg Shares
6,410
7,452
6,894
7,216
7,621
10,169
14,605
17,869
19,099
19,265
23,867
30,328
126,962
187,616
169,009
331,790
396,466
Sales/Revenue/Turnover
6.05
6.28
7.23
6.6
6.34
6.69
5.6
6.53
7.94
7.43
9.38
15.04
8.22
11.9
3.44
1.47
1.9
Operating Margin (%)
266
298
347
324
299
360
523
697
775
760
759
1,199
7,294
5,674
8,115
7,481
6,597
Depreciation Expense
384
474
442
434
574
831
970
1,283
1,330
1,482
1,784
3,281
9,374
21,777
6,834
8,354
11,371
Net Income, GAAP
1.93
6.68
11.14
8.98
- -
- -
- -
- -
- -
- -
2.55
6.57
13.03
17.7
- -
5.48
7.18
Effective Tax Rate (%)
5.99
6.36
6.41
6.02
7.53
8.17
6.64
7.18
6.97
7.69
7.48
10.82
7.38
11.61
4.04
2.52
2.87
Profit Margin (%)
726
828
1,109
825
454
681
546
881
991
843
1,961
2,412
12,191
36,005
47,383
49,602
51,769
Working Capital
- -
1,582
1,345
1,281
1,312
2,554
2,979
3,231
2,971
2,104
3,863
3,621
3,112
7,353
22,204
37,415
44,259
LT Debt
1,706
1,789
2,062
1,899
2,241
2,582
2,957
3,583
3,707
4,329
4,469
5,743
25,849
53,246
61,652
60,031
58,965
Total Equity
24.25
14.48
10.18
10.09
- -
- -
- -
- -
- -
- -
22.48
34.64
35.65
33.61
- -
4.38
6.86
Return on Invested Capital (%)
40.83
20.43
13.3
11.59
- -
- -
- -
- -
- -
- -
18.28
28.95
69.38
66.63
- -
11.92
16.54
Return on Capital (%)
31.28
32.92
27.29
26.09
33.12
41.46
39.64
40.3
34.48
33.71
35.7
53.23
86.9
90.29
21.54
27.83
50.95
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
15,011
16,254
25,114
LT Borrowings
23,351
37,412
44,249
LT Finance Leases
4
3
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
500
500
500
Market Capitalization
129,625
123,500
136,875

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
100,739
120,393
142,693
Cash, Cash Equivalents & STI
17,848
19,874
20,824
Accounts Receivable, Net
41,645
50,686
51,517
Inventories
22,077
16,856
33,234
Total Current Liabilities
68,130
70,791
90,924
Payables & Accruals
- -
- -
- -
ST Debt
15,011
16,254
25,114
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
55.69%
99.55%
-2.63%
Free Cash Flow
44.45%
156.55%
-67.38%
Net Income, GAAP
44%
71.1%
22.23%
Sales/Revenue/Turnover
57.75%
95.97%
96.31%
Total Cash Common Dividend
65.08%
100.94%
-56.55%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
48,711
34,965
31,425
35,699
169,009
2025
34,906
72,003
90,132
133,854
331,790
2026
100,478
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.75
3.48
0.85
- -
13.67
2025
-0.37
3.5
2.42
- -
16.71
2026
5.98
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
2.2
- -
32.85
2025
- -
- -
0.95
- -
14.27
2026
20
- -
- -
- -
- -
Similar Companies
Faraday Future Intelligent Electric Inc. (FFAIW)
Chijet Motor Company, Inc. (CJET)
Vicinity Motor Corp. (VMC.V)
Bayerische Motoren Werke AG (BYMOF)
Suzuki Motor Corporation (7269.T)
Tata Motors Passenger Vehicles (TMPV.BO)
Business
Tofas Turk Otomobil Fabrikasi Anonim Sirketi (TOASO.IS) manufactures and sells passenger cars and light commercial vehicles primarily in Turkey; produces automotive spare parts; trades in automobiles and spare parts; and provides consumer financing and insurance services. The company offers products under the Fiat (including Egea family sedan and cross, Fiat Professional), Alfa Romeo, Jeep, Citroen, DS Automobiles, Opel, Peugeot, Maserati, and Ferrari brands, as well as Opar and Magneti Marelli aftermarket parts; operates an integrated dealer network for sales, after-sales service, spare parts, used vehicles, and vehicle financing across Turkey; and exports vehicles to 80 countries worldwide from its Bursa manufacturing plant. Founded in 1968 and headquartered in Istanbul with production in Bursa, Tofas functions as a key Stellantis manufacturing and R&D center, employing nearly 5,000 people with an annual capacity of 450,000 vehicles; its shares trade on Borsa Istanbul's BIST 30, BIST 100, Corporate Governance, and Sustainability indexes, with ownership split equally between Koc Holding and Stellantis following recent adjustments. In 2025, Tofas finalizes its EUR400 million acquisition of Stellantis's 37.8% stake in Stellantis Turkiye, assuming full import and distribution rights for Peugeot, Citroen, Opel, and DS Automobiles alongside its existing brands; signs new agreements with Stellantis for used vehicle sales, refurbishment, spare parts distribution, and after-sales services; commits to a EUR232 million investment for new multi-energy light commercial vehicles under Fiat, Opel, Citroen, and Peugeot brands starting production in 2026 with over 1 million units by 2032 and annual export capacity of 200,000-220,000 by 2027; and agrees to export 230,000 K0 light commercial vehicles to North America with a nearly $450 million investment.