Aygaz A.S. (AYGAZ.IS)
Sisli, TR
Aygaz A.S., a prominent energy firm established in 1961 and headquartered in Sisli, Turkey, operates as a subsidiary of Koç Holding A.S. Its primary business involves sourcing and supplying liquefied petroleum gas (LPG) to retailers for subsequent distribution to customers throughout Turkey. The company's diverse activities are segmented into Gas and Petroleum Products, Electricity, and Other operations. Beyond its core LPG supply chain, Aygaz is also a manufacturer, producing essential LPG-related equipment like cylinders, storage tanks, valves, and various supplementary materials. Its product line extends to consumer goods such as cylinder-hood sets, hoses, pressure regulators, small gas devices, barbecues, and outdoor patio heaters. Aygaz's distribution network covers LPG for vehicles (autogas), domestic cylinder gas, and bulk gas for industrial use. It also sells appliances designed to run on LPG and is involved in the maritime transport of LPG. Additionally, the company sells bottled water and trades in fuels and lubricants through its numerous autogas service stations. In the natural gas sector, Aygaz provides pipeline delivery to customers and supplies liquefied natural gas (LNG) via specialized cryogenic trailers. The company also operates a shipping division, which procures, constructs, leases, and manages vessels for transporting a wide range of commodities, including crude oil, petroleum products, LPG, natural gas, and other solid or liquid cargo. Furthermore, Aygaz is active in the electricity market, engaging in power generation, distribution, and sales. As of December 31, 2021, its generation assets included eight hydroelectric power plants, one wind power facility, and a natural gas combined cycle plant, collectively boasting an installed capacity of 436 megawatts. The company reaches its customers through an extensive network comprising 2,259 cylinder gas dealers and 1,718 autogas stations.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.34% | -4.50% | -17.36% | -3.34% | +13.14% | +19.46% | +85.34% | +265.54% | +1,589.90% | +2,006.38% | +3,975,617.34% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 3 | 0 |
| Hold | 2 | -1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Regulated Gas: +4.9%+9.6% ★ Q1'26: +13.0% (vs Q1'25)
-
EPS growth Regulated Gas: +13.8%+135.3% ★ Q1'26: +1,031.7% (vs Q1'25)
-
FCF margin FCF growth · Regulated Gas: +30.8%-0.3% Q1'26: -7.6% (vs Q1'25)
-
EBIT margin Regulated Gas: +12.9%+1.5% Q1'26: +1.7% (vs Q1'25)
-
ROIC Regulated Gas: +4.7%+1.7% Q1'26: +1.2% (vs Q1'25)
-
Share dilution Regulated Gas: 0.0%+0.0% ★ Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×1.18× ★ Q1'26: 0.99× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 3 Rev. Ana. 1 EPS Ana. |
Dec 2027 3 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
6.42B
est: 6.91B (-7.1%)
|
6.75B
est: 6.60B (+2.3%)
|
8.47B
est: 8.65B (-2.0%)
|
9.55B
est: 10.20B (-6.3%)
|
10.21B
est: 10.46B (-2.4%)
|
10.14B
est: 9.98B (+1.7%)
|
15.89B
est: 16.22B (-2.0%)
|
37.51B
est: 37.12B (+1.0%)
|
64.83B
est: 59.24B (+9.4%)
|
81.77B
est: 74.70B (+9.5%)
|
89.66B
est: 88.32B (+1.5%)
|
114.29B
96.21B – 125.60B
+29.4% YoY
|
100.90B
77.57B – 121.05B
-11.7% YoY
|
142.34B
114.71B – 163.47B
+41.1% YoY
|
| EBITDA |
359.03M
est: 287.97M (+24.7%)
|
616.82M
est: 275.08M (+124.2%)
|
415.55M
est: 360.38M (+15.3%)
|
239.75M
est: 425.11M (-43.6%)
|
543.83M
est: 436.20M (+24.7%)
|
576.34M
est: 415.86M (+38.6%)
|
707.87M
est: 676.02M (+4.7%)
|
838.68M
est: 1.55B (-45.8%)
|
1.94B
est: 1.90B (+2.1%)
|
4.48B
est: 2.39B (+87.2%)
|
2.71B
est: 2.83B (-4.5%)
|
3.66B
3.08B – 4.03B
+29.4% YoY
|
3.23B
2.49B – 3.88B
-11.7% YoY
|
4.56B
3.68B – 5.24B
+41.1% YoY
|
| EBIT |
503.40M
est: 198.27M (+153.9%)
|
532.88M
est: 189.40M (+181.4%)
|
330.64M
est: 248.13M (+33.3%)
|
153.32M
est: 292.69M (-47.6%)
|
420.34M
est: 300.33M (+40.0%)
|
422.59M
est: 286.33M (+47.6%)
|
527.43M
est: 465.45M (+13.3%)
|
7.71B
est: 1.07B (+624.1%)
|
1.13B
est: 1.38B (-17.9%)
|
3.35B
est: 1.74B (+92.7%)
|
1.31B
est: 2.06B (-36.5%)
|
2.66B
2.24B – 2.92B
+29.4% YoY
|
2.35B
1.81B – 2.82B
-11.7% YoY
|
3.31B
2.67B – 3.81B
+41.1% YoY
|
| Net Income |
418.38M
est: 259.03M (+61.5%)
|
415.67M
est: 278.39M (+49.3%)
|
577.02M
est: 418.33M (+37.9%)
|
228.38M
est: 206.19M (+10.8%)
|
273.48M
est: 197.61M (+38.4%)
|
-24.89M
est: -23.25M (-7.1%)
|
670.11M
est: 406.64M (+64.8%)
|
4.73B
est: 4.29B (+10.3%)
|
5.95B
est: 4.89B (+21.7%)
|
2.12B
est: 2.76B (-23.0%)
|
5.00B
est: 4.21B (+18.8%)
|
8.01B
5.41B – 8.63B
+90.5% YoY
|
7.06B
5.41B – 8.63B
-11.9% YoY
|
4.97B
3.71B – 5.93B
-29.6% YoY
|
| SGA |
271.78M
est: 262.78M (+3.4%)
|
304.03M
est: 251.02M (+21.1%)
|
315.70M
est: 328.86M (-4.0%)
|
329.93M
est: 387.93M (-15.0%)
|
347.86M
est: 398.05M (-12.6%)
|
324.03M
est: 379.49M (-14.6%)
|
432.19M
est: 616.90M (-29.9%)
|
1.03B
est: 1.41B (-27.1%)
|
3.77B
est: 2.49B (+51.4%)
|
3.72B
est: 3.14B (+18.4%)
|
4.65B
est: 3.71B (+25.4%)
|
4.80B
4.04B – 5.28B
+29.4% YoY
|
4.24B
3.26B – 5.09B
-11.7% YoY
|
5.98B
4.82B – 6.87B
+41.1% YoY
|
| EPS |
1.39
est: 1.18 (+18.0%)
|
1.39
est: 1.27 (+9.7%)
|
1.92
est: 1.90 (+0.9%)
|
0.76
est: 0.94 (-19.0%)
|
0.91
est: 0.90 (+1.2%)
|
-0.08
est: -0.11 (+21.5%)
|
2.23
est: 1.85 (+20.5%)
|
17.32
est: 19.52 (-11.3%)
|
27.09
est: 22.25 (+21.7%)
|
9.66
est: 10.52 (-8.2%)
|
22.73
est: 21.71 (+4.7%)
|
32.93
24.62 – 39.28
+51.7% YoY
|
32.93
24.62 – 39.28
+0.0% YoY
|
22.60
16.90 – 26.96
-31.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-26 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-25 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-22 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-21 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-20 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-18 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-15 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-14 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-13 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-12 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-11 | A+ | 4/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-08 | A+ | 5/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 5/5 |
| 2026-05-07 | A+ | 5/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 5/5 |
| 2026-05-06 | A+ | 5/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 5/5 |
| 2026-05-05 | A+ | 5/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 5/5 |
| 2026-05-04 | A+ | 5/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 5/5 |
| 2026-04-30 | A+ | 5/5 | 5/5 | 2/5 | 5/5 | 4/5 | 4/5 | 5/5 |
| 2026-04-29 | A | 4/5 | 5/5 | 2/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-28 | A | 4/5 | 5/5 | 2/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-27 | A | 4/5 | 5/5 | 2/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-24 | A | 4/5 | 5/5 | 2/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-22 | A | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-21 | A | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-20 | A | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-17 | A | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-16 | A | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 4/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | State Street SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) EDVD.L | 0.84% | 1.47M | 0.55% |
| 2 | iShares MSCI Turkey ETF TUR | 0.26% | 528.4K | 0.59% |
| 3 | JPMorgan Diversified Return Emerging Markets Equity ETF JPEM | 0.15% | 564.0K | 0.44% |
| 4 | iShares MSCI EM Small Cap UCITS ETF IEMS.L | 0.02% | 85.0K | 0.74% |
| 5 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.02% | 20.7K | 0.42% |
| 6 | iShares MSCI Emerging Markets Small-Cap ETF EEMS | 0.02% | 63.9K | 0.72% |
| 7 | State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L | 0.01% | 80.5K | 0.55% |
| 8 | FlexShares Morningstar Emerging Markets Factor Tilt Index Fund TLTE | 0.00% | 17.0K | 0.58% |
| 9 | Goldman Sachs MarketBeta Emerging Markets Equity ETF GSEE | 0.00% | 4.7K | 0.45% |
| 10 | Vanguard Emerging Markets Ex-China ETF VEXC | 0.00% | 7.4K | 0.07% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Ahmet Ercüment Polat | Assistant General Manager of Sales | — | male |
| Ayse Abamor Bilgin | Assistant General Manager of Technical Affairs & Investments | — | female |
| Didem Kalkan Erdem | Director of Marketing | — | female |
| Esra Topkoç | Director of Human Resources | — | female |
| Gokhan Dizemen | Assistant General Manager of Finance | — | male |
| Kozan Nabi Ciftci | Corporate Finance & Investor Relations Manager | — | — |
| Melih Poyraz | General Manager | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for AYGAZ.IS
Short-term intention
Target Price Distribution
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