Turk Altin Isletmeleri A.S.

Turk Altin Isletmeleri A.S.

TRALT.IS
Turk Altin Isletmeleri A.S.TR flagIstanbul Stock Exchange
50.80
TRY
-0.90
- -
158.88BMarket Cap
Turk Altin Isletmeleri A.S.
TRALT.IS
(Istanbul Stock Exchange)

Recent

price

50.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.11
0.15
0.25
0.33
0.29
0.28
0.32
0.3
0.5
0.89
1.01
1.25
3.5
3.66
3.57
5.29
6.5
Revenue per Share
0.05
0.07
0.14
0.19
0.16
0.15
0.12
0.17
0.37
0.55
0.57
0.94
-1.03
0.18
0.25
1.28
1.58
Basic EPS, GAAP
0.03
0.06
0.12
0.13
0.04
0.13
0.14
0.08
0.23
0.42
0.31
0.66
0.91
-1.08
-0.52
0.35
1.71
Free Cash Flow per Basic Share
0.02
0.01
0.01
0.03
0.05
0.1
- -
- -
- -
- -
- -
- -
1.55
0.71
- -
- -
- -
Dividend per Share
0.07
0.14
0.27
0.43
0.53
0.58
0.73
0.88
1.25
1.8
2.36
3.3
7.27
9.3
12.09
13.36
15.2
Book Value per Share
0.07
0.13
0.26
0.42
0.52
0.58
0.73
0.87
1.24
1.79
2.36
3.3
7.24
9.25
12.07
13.35
15.19
Tangible Book Value per Share
3,205
3,202
3,203
3,202
3,202
3,202
3,202
3,202
3,202
3,202
3,202
3,202
3,202
3,202
3,202
3,202
3,202
Basic Weighted Avg Shares
342
472
806
1,043
929
886
1,039
968
1,611
2,849
3,250
4,002
11,207
11,705
11,435
16,935
20,802
Sales/Revenue/Turnover
53.63
59.83
65.34
64.93
48.05
51.84
41.81
44.72
50.32
56.81
52.37
44.96
37.55
10.17
1.88
21.91
33.75
Operating Margin (%)
76
66
76
81
139
142
72
92
84
225
225
219
1,001
1,059
1,641
1,017
1,047
Depreciation Expense
147
235
460
618
498
495
395
532
1,174
1,767
1,810
3,004
-3,305
586
791
4,104
5,051
Net Income, GAAP
19.93
18.3
17.72
17.89
4.72
11.25
33.5
18.91
17.67
21.75
23
25.22
- -
- -
36.26
29.64
39.26
Effective Tax Rate (%)
42.88
49.88
57.15
59.25
53.58
55.86
38.04
54.97
72.88
62.03
55.71
75.06
-29.49
5.01
6.91
24.24
24.28
Profit Margin (%)
67
192
540
951
1,025
1,225
1,655
2,022
2,989
4,411
5,794
8,274
16,396
13,876
17,481
17,631
19,568
Working Capital
29
18
7
- -
- -
- -
- -
- -
- -
1
9
29
25
9
2
1
1
LT Debt
231
439
859
1,365
1,693
1,869
2,349
2,815
3,988
5,758
7,564
10,568
23,273
29,770
38,707
42,770
48,672
Total Equity
60.87
59.97
61.51
48.01
27.57
22.72
13.65
13.7
19.78
25.84
19.45
14.47
- -
- -
0.4
6.39
10.27
Return on Invested Capital (%)
63.5
68.65
72.54
55.88
32.7
30.67
18.89
20.61
34.51
36.25
27.14
33.02
- -
- -
2.3
10.07
12.36
Return on Capital (%)
76.47
70.37
70.97
55.58
32.56
27.79
18.74
20.6
34.51
36.27
27.18
33.14
-19.53
2.21
2.31
10.07
12.37
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
18
12
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,202
3,202
3,202
Market Capitalization
80,767
131,238
134,185

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
21,363
21,579
28,197
Cash, Cash Equivalents & STI
18,333
18,462
24,097
Accounts Receivable, Net
1
- -
2
Inventories
1,327
2,722
1,699
Total Current Liabilities
3,128
3,948
8,630
Payables & Accruals
- -
- -
- -
ST Debt
1
18
12
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.13%
45.68%
10.5%
Free Cash Flow
-8.63%
-58.13%
-167.17%
Net Income, GAAP
38.03%
38.43%
419.16%
Sales/Revenue/Turnover
42.12%
50.68%
48.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,046
2,819
2,477
1,145
11,435
2025
5,523
2,752
5,589
3,579
16,935
2026
8,883
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
-0.02
0.32
- -
0.25
2025
0.21
0.36
0.86
- -
1.28
2026
0.5
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Turk Altin Isletmeleri A.S. (Turkish Gold Mining Company) engages in the exploration, development, production, processing, and sale of gold and related precious metals. Main products and services include gold ore extraction; mine development and operational support; mineral processing and refining; by-product recovery (silver, copper, and other metals where applicable); toll processing and contract mining arrangements; and sales of dore gold, refined gold bars, and concentrate to international bullion markets. The company also provides project management, geological surveying, assaying, and environmental and tailings management services associated with its mining operations. Latest major company changes include strategic partnerships and joint ventures to expand mining licenses and resource bases; acquisitions of exploration assets to broaden reserve portfolios; launches of new processing facilities and upgrades to improve recoveries and efficiency; reorganization of corporate structure to optimize operations and reporting; and geographic expansions into neighboring jurisdictions to access new ore bodies. Additional context: Turk Altin Isletmeleri A.S. operates within the precious metals mining sector, focusing on gold-centric output across early-stage exploration, development-stage projects, and producing mines. Target markets encompass wholesale bullion buyers, refiners, and institutional investors, with customers globally in Europe, Asia, and the Middle East. Geographic operations span Turkey and potentially regional projects abroad, with subsidiaries or affiliates aiding exploration, extraction, processing, and sales. Founding year and headquarters location are in Turkey; parent-subsidiary relationships exist within a corporate group structure aligned with mining and metals trading activities.