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Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi

Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi

VESTL.IS
Vestel Elektronik Sanayi ve Ticaret Anonim SirketiTR flagIstanbul Stock Exchange
24.50
TRY
-0.42
- -
8.22BMarket Cap
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi
VESTL.IS
(Istanbul Stock Exchange)

Recent

price

24.50

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
15.77
20.8
20.95
18.54
23.15
27.58
28.44
36.07
47.26
51.2
64.23
96.9
331.27
482.97
556.95
412.12
360.21
Revenue per Share
0.11
-0.11
-0.33
-0.3
0.29
0.18
0.5
0.16
1.11
0.97
5.28
5.65
-0.33
6.24
-43
-88.48
-78.06
Basic EPS, GAAP
-0.13
0.65
-0.63
0.47
0.54
-0.68
1.95
-0.15
0.81
7.21
3.98
-0.11
-32.4
6.89
-41.37
4.59
-20.81
Free Cash Flow per Basic Share
0.08
0.02
0.01
- -
- -
0.02
0.02
0.03
0.04
0.08
0.03
7.39
0.73
0.49
1.21
0.05
- -
Dividend per Share
0.5
0.38
0.26
-0.01
0.29
0.5
1
1.19
2.43
3.43
9.5
10.03
23.46
42.66
12.83
-75.4
-91.45
Book Value per Share
2.41
2.3
2.8
2.72
2.65
3.07
3.71
4.8
7.69
8.84
19.43
27.44
80.31
159.02
178.07
76.66
73.51
Tangible Book Value per Share
335
335
335
335
335
335
335
335
335
335
335
335
335
335
335
335
335
Basic Weighted Avg Shares
5,290
6,977
7,029
6,218
7,767
9,250
9,540
12,101
15,852
17,174
21,546
32,506
111,125
162,016
186,831
138,250
120,823
Sales/Revenue/Turnover
3.17
5.63
-1.54
2.45
5.09
6.11
7.26
5.43
11.67
9.99
13.52
14.21
1.96
4.28
1.8
-8.93
-11.79
Operating Margin (%)
209
181
188
238
271
295
321
367
457
627
753
927
3,777
6,217
6,628
8,490
8,032
Depreciation Expense
38
-35
-111
-100
97
60
168
55
371
324
1,773
1,895
-111
2,093
-14,425
-29,681
-26,184
Net Income, GAAP
13.43
- -
- -
- -
17.68
7.55
- -
- -
9.55
- -
1.65
- -
43.7
22.68
- -
- -
- -
Effective Tax Rate (%)
0.73
-0.51
-1.58
-1.6
1.25
0.64
1.76
0.46
2.34
1.89
8.23
5.83
-0.1
1.29
-7.72
-21.47
-21.67
Profit Margin (%)
374
165
52
-164
291
390
647
-1,245
-3,521
-5,044
-3,347
-9,731
-28,235
-43,361
-52,306
-57,308
-67,839
Working Capital
366
212
387
439
1,198
1,720
2,233
1,024
749
568
1,834
1,045
1,798
3,656
24,914
46,549
46,471
LT Debt
1,142
1,132
1,342
1,345
1,371
1,574
1,839
2,278
3,318
3,780
7,426
10,312
30,227
58,993
68,597
35,193
35,224
Total Equity
7.73
- -
- -
- -
12.43
15.13
- -
- -
19.46
- -
20.71
- -
2.76
6.34
- -
- -
- -
Return on Invested Capital (%)
2.24
- -
- -
- -
15.74
13.58
- -
- -
15.35
- -
23.55
- -
8.98
12.84
- -
- -
- -
Return on Capital (%)
8.35
-24.04
-102.59
- -
- -
44.82
66.69
15.03
61.18
32.99
81.73
57.87
-1.98
18.87
-154.99
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
54,504
42,229
48,474
LT Borrowings
27,781
45,256
45,177
LT Finance Leases
1,396
1,293
1,293
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
335
335
335
Market Capitalization
12,209
9,627
9,372

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
53,430
48,526
39,469
Cash, Cash Equivalents & STI
2,205
2,138
2,098
Accounts Receivable, Net
17,400
14,646
9,889
Inventories
27,110
20,470
21,223
Total Current Liabilities
118,613
105,834
107,308
Payables & Accruals
- -
- -
- -
ST Debt
54,504
42,229
48,474
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
49.15%
58.95%
-48.7%
Free Cash Flow
2,787.7%
5,653.08%
-111.1%
Net Income, GAAP
-164.03%
-552.46%
105.76%
Sales/Revenue/Turnover
42.26%
65.57%
-26%
Total Cash Common Dividend
2,579.47%
5,130.42%
-95.59%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
36,781
42,369
44,700
43,584
186,831
2025
41,172
34,614
34,548
30,636
138,250
2026
21,025
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.89
-3.87
-11.96
- -
-43
2025
-19.81
-21.64
-14.04
- -
-88.48
2026
-8.45
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.21
2025
- -
- -
- -
- -
0.05
2026
- -
- -
- -
- -
- -
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Business
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi manufactures and sells consumer electronics, household appliances, and mobility solutions primarily in Turkey, Europe, and over 160 countries worldwide. The company, a subsidiary of Zorlu Holding A.S. and headquartered in Istanbul with its main production facility in Manisa, was founded in 1983. It operates through two main segments—Consumer and Mobility Electronics, and Household Appliances—offering television sets including LED and smart TVs, digital display solutions and digital signage, set-top boxes, mobile products, electric vehicle chargers, in-vehicle displays and automotive electronics such as telematics control units, LED lighting products, battery solutions, electronic cards; refrigerators and freezers, dishwashers, washing machines, tumble dryers, cooking appliances, air-conditioners, water heaters, vaccine storage cabinets; and small domestic appliances including vacuum cleaners, irons, electric kitchen appliances, coffee machines, mixers, choppers, and electric hair care products. Vestel serves as a leading original design manufacturer (ODM) in Europe, ranking among the top three in the LCD TV market and top five in home appliances, with production across Vestel City, Europe's largest integrated industrial complex for these products. Recent developments include the acquisition of Scandinavian brand Cylinda, a strategic partnership with VIDAA smart TV platform formalized in July 2025 following a 2024 memorandum of understanding through which Vestel acquired a 4.64% stake to enhance recurring revenues and connected home solutions, a collaboration with Roku to support U.S. market entry, and ambitious expansion plans targeting a tripling of U.S. exports to $150 million by 2028 from adapted product lines like dishwashers and refrigerators. The company, employing nearly 20,000 people across 31 entities with 20 abroad, continues to lead Turkey's electronics exports for 27 consecutive years while advancing Industry 4.0 initiatives with AI, IoT, and smart factory transformations.