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Tekfen Holding Anonim Sirketi (TKFEN.IS)

TRY141.80 +0.00 (+0.00%)
TR IST Industrials Engineering & Construction
Address KUeltUer Mahallesi 34340
Istanbul, TR
CEO Namik Ulke
IPO 2007-11-23
ISIN TRETKHO00012

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Also trades on Istanbul Stock Exchange · TKFEN.IS (TRY) Other OTC · TKFHY (USD)
Description

Founded in 1956 and headquartered in Istanbul, Turkey, Tekfen Holding Anonim Sirketi, along with its various subsidiaries, conducts a wide array of business operations both within Turkey and internationally. Its core activities span engineering and construction, chemicals, agriculture, services, and investments. Through its engineering and contracting arm, the company executes diverse projects, including the construction of petrochemical facilities, pipelines, land and marine terminals, offshore platforms, tank farms, oil refineries, pumping stations, and power generation plants. This also extends to vital infrastructure like highways, subways, bridges, and tunnels, as well as electrical and instrumentation systems, manufacturing facilities, commercial and technical building complexes, and sports arenas. In the chemical and agricultural sectors, Tekfen manufactures a range of fertilizers, specifically mineral, specialized water-soluble, and organic/organomineral varieties. It also contributes to renewable energy by producing biogas and electricity from biogas sources. Additionally, its agricultural endeavors involve cultivating, distributing, and trading seedlings and saplings, alongside exporting fresh produce such as cherries, apricots, pomegranates, plums, persimmons, and figs. Furthermore, the company offers a comprehensive suite of services, encompassing terminal administration, guidance, towage, agency representation, free zone management, insurance, and the complete management of buildings and facilities.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TRY141.80 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
7M
Beta
0.04
Float Shares
154.10M
Free Float %
43.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-4.99% -11.78% +16.20% +59.86% +90.15% +94.60% +8.39% +407.41% +746.20% +1,929.63% +2,748.23%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
141.80
DCF (Levered) 343.13 +142.0%

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.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.37
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    -7.4% Q1'26: +8.7% (vs Q1'25)
  • EPS growth Engineering & Construction: +20.8%
    -1,558.2% Q1'26: +25.0% (vs Q1'25)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    -3.4% Q1'26: -0.1% (vs Q1'25)
  • EBIT margin Engineering & Construction: +7.0%
    -4.4% Q1'26: -1.9% (vs Q1'25)
  • ROIC Engineering & Construction: +6.4%
    -6.1% Q1'26: -2.8% (vs Q1'25)
  • Share dilution Engineering & Construction: +0.0%
    -3.3% Q1'26: -2.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    33.51× Q1'26: 7.93× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* 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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.07) × ERP
WACC = 80% × Ke + 20% × Kd (11.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 141.80
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
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
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
3.89B
est: 4.10B (-5.1%)
4.74B
est: 4.63B (+2.4%)
7.49B
est: 7.33B (+2.1%)
12.15B
est: 11.47B (+5.9%)
14.60B
est: 14.85B (-1.6%)
11.73B
est: 12.93B (-9.3%)
16.22B
est: 15.95B (+1.7%)
54.99B
est: 27.22B (+102.0%)
43.14B
est: 39.34B (+9.6%)
58.19B
est: 54.45B (+6.9%)
53.91B
est: 51.70B (+4.3%)
69.50B
69.50B – 69.50B
+34.4% YoY
83.69B
83.69B – 83.69B
+20.4% YoY
EBITDA
297.74M
est: 215.67M (+38.1%)
523.43M
est: 243.40M (+115.0%)
892.34M
est: 385.91M (+131.2%)
1.89B
est: 603.70M (+213.3%)
2.14B
est: 781.24M (+174.1%)
466.42M
est: 680.13M (-31.4%)
1.66B
est: 839.17M (+97.2%)
3.50B
est: 1.43B (+144.2%)
-410.40M
est: 1.82B (-122.6%)
3.91B
est: 2.52B (+55.4%)
426.04M
est: 2.39B (-82.2%)
3.21B
3.21B – 3.21B
+34.4% YoY
3.87B
3.87B – 3.87B
+20.4% YoY
EBIT
300.81M
est: 96.50M (+211.7%)
486.66M
est: 108.91M (+346.8%)
963.95M
est: 172.67M (+458.2%)
1.70B
est: 270.13M (+529.8%)
1.85B
est: 349.57M (+430.4%)
157.25M
est: 304.33M (-48.3%)
1.22B
est: 375.49M (+225.9%)
2.90B
est: 640.87M (+351.9%)
-2.28B
est: 476.86M (-578.3%)
1.69B
est: 659.89M (+156.6%)
-2.36B
est: 626.62M (-476.1%)
842.30M
842.30M – 842.30M
+34.4% YoY
1.01B
1.01B – 1.01B
+20.4% YoY
Net Income
185.47M
est: 201.73M (-8.1%)
324.41M
est: 297.91M (+8.9%)
771.30M
est: 673.28M (+14.6%)
1.40B
est: 1.33B (+5.5%)
1.42B
est: 1.71B (-17.0%)
-60.13M
est: 382.05M (-115.7%)
839.23M
est: 1.62B (-48.1%)
3.47B
est: 2.41B (+44.3%)
-1.15B
est: 655.45M (-275.4%)
404.09M
est: 868.78M (-53.5%)
-5.72B
est: 345.05M (-1,758.2%)
535.80M
535.80M – 535.80M
+55.3% YoY
1.66B
1.66B – 1.66B
+210.7% YoY
SGA
152.87M
est: 197.63M (-22.7%)
166.93M
est: 223.04M (-25.2%)
203.52M
est: 353.63M (-42.4%)
263.05M
est: 553.20M (-52.4%)
419.74M
est: 715.90M (-41.4%)
796.92M
est: 623.24M (+27.9%)
460.15M
est: 768.98M (-40.2%)
964.67M
est: 1.31B (-26.5%)
3.07B
est: 1.72B (+78.0%)
3.27B
est: 2.38B (+37.2%)
2.46B
est: 2.26B (+8.9%)
3.04B
3.04B – 3.04B
+34.4% YoY
3.66B
3.66B – 3.66B
+20.4% YoY
EPS
0.50
est: 0.55 (-8.5%)
0.88
est: 0.81 (+9.0%)
2.09
est: 1.82 (+14.5%)
3.79
est: 3.60 (+5.2%)
3.84
est: 4.64 (-17.2%)
-0.16
est: 1.04 (-115.5%)
2.27
est: 4.38 (-48.2%)
3.75
est: 6.52 (-42.5%)
-3.11
est: 1.84 (-269.3%)
1.10
est: 2.44 (-54.8%)
-16.04
est: 0.97 (-1,758.2%)
1.50
1.50 – 1.50
+55.3% YoY
4.67
4.67 – 4.67
+210.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-08 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-07 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-06 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-05 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-04 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-04-30 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-04-29 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-04-28 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-04-27 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-1.22B
OE per share TTM
-3.07
Owner's Yield
-2.19%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
32.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 33 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares Agribusiness UCITS ETF ISAG.L 0.12% 558.4K 0.55%
2 JPMorgan Diversified Return Emerging Markets Equity ETF JPEM 0.11% 436.3K 0.44%
3 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.04% 51.6K 0.42%
4 Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L 0.02% 61.2K 0.35%
5 Avantis Emerging Markets ex-China Equity ETF AVXC 0.02% 75.5K 0.33%
6 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.01% 44.9K 0.56%
7 Avantis Responsible Emerging Markets Equity ETF AVSE 0.01% 20.3K 0.33%
8 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.01% 675.1K 0.39%
9 Dimensional - Emerging Markets Value ETF DFEV 0.01% 135.1K 0.46%
10 Avantis Emerging Markets Value ETF AVES 0.01% 87.1K 0.36%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-186.9K
Shares Outstanding
356.57M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Erhan Hersek Vice President of Human Resources & CHRO male
Kenan Alpdundar Vice President of Financial Affairs & Chief Financial Officer male
Nahit Akarkarasu Director of Legal Affairs of Group Companies male
Namik Ulke President & Chief Executive Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits