Zorlu Enerji Elektrik Uretim A.S. (ZOREN.IS)
Istanbul, IST, TR
Zorlu Enerji Elektrik Üretim A.S., together with its subsidiaries, engages in the trading, distribution, retailing, and sales of electricity in Turkey and internationally. It is also involved in wholesale purchase of electrical energy and capacity and sales activities; engineering and consultancy activities for energy projects; operation and maintenance activities for energy projects and other; maintenance, repair, installation, and sale of charging stations; rental, leasing and other services of motorized light land vehicles and cars without adrives; aggregation, balancing service and other services; solar panel production and inverter sales; carbon selling; and panel production. Zorlu Enerji Elektrik Üretim A.S. was founded in 1993 and is based in Istanbul, Turkey.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | +1.64% | +0.98% | -8.31% | -4.63% | +0.65% | +6.19% | -37.32% | +57.65% | +117.22% | -93.91% |
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 | 0 | 0 |
| Hold | 2 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Regulated Electric: +9.0%+22.1% ★ Q1'26: -3.0% (vs Q1'25)
-
EPS growth Regulated Electric: +12.7%-525.5% Q1'26: +9.0% (vs Q1'25)
-
FCF margin FCF growth · Regulated Electric: +35.5%-21.8% Q1'26: -29.2% (vs Q1'25)
-
EBIT margin Regulated Electric: +19.9%+3.6% Q1'26: -7.2% (vs Q1'25)
-
ROIC Regulated Electric: +4.4%+1.2% Q1'26: -1.5% (vs Q1'25)
-
Share dilution Regulated Electric: +0.0%+0.0% Q1'26: +0.7% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×7.51× Q1'26: 17.83× (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 2013 actual |
Dec 2014 actual |
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. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
636.24M
est: 636.24M (+0.0%)
|
806.95M
est: 825.27M (-2.2%)
|
575.04M
est: 575.00M (+0.0%)
|
1.19B
est: 1.20B (0.0%)
|
3.87B
est: 3.64B (+6.3%)
|
6.73B
est: 6.73B (0.0%)
|
8.36B
est: 7.53B (+11.0%)
|
8.58B
est: 9.40B (-8.8%)
|
11.63B
est: 10.69B (+8.8%)
|
38.81B
est: 30.36B (+27.8%)
|
39.39B
est: 23.61B (+66.8%)
|
29.66B
est: 29.52B (+0.5%)
|
36.20B
est: 32.46B (+11.5%)
|
47.06B
47.06B – 47.06B
+45.0% YoY
|
56.47B
56.47B – 56.47B
+20.0% YoY
|
| EBITDA |
71.37M
est: 215.79M (-66.9%)
|
191.07M
est: 279.90M (-31.7%)
|
301.48M
est: 195.02M (+54.6%)
|
577.05M
est: 405.30M (+42.4%)
|
859.04M
est: 1.24B (-30.5%)
|
1.59B
est: 2.28B (-30.2%)
|
2.18B
est: 2.55B (-14.7%)
|
2.30B
est: 3.19B (-27.9%)
|
2.52B
est: 3.63B (-30.4%)
|
20.56B
est: 10.30B (+99.6%)
|
16.41B
est: 7.73B (+112.3%)
|
7.84B
est: 9.67B (-18.9%)
|
7.58B
est: 10.63B (-28.7%)
|
15.41B
15.41B – 15.41B
+45.0% YoY
|
18.49B
18.49B – 18.49B
+20.0% YoY
|
| EBIT |
-58.36M
est: 152.68M (-138.2%)
|
177.16M
est: 198.05M (-10.5%)
|
156.97M
est: 137.99M (+13.8%)
|
377.92M
est: 286.78M (+31.8%)
|
573.53M
est: 874.19M (-34.4%)
|
1.13B
est: 1.62B (-29.8%)
|
1.66B
est: 1.81B (-8.0%)
|
1.70B
est: 2.26B (-24.8%)
|
1.83B
est: 2.57B (-28.5%)
|
16.85B
est: 7.29B (+131.3%)
|
12.12B
est: 4.90B (+147.3%)
|
3.01B
est: 6.13B (-50.8%)
|
1.29B
est: 6.74B (-80.8%)
|
9.77B
9.77B – 9.77B
+45.0% YoY
|
11.72B
11.72B – 11.72B
+20.0% YoY
|
| Net Income |
-309.17M
|
-224.24M
|
-267.38M
est: -811.10M (+67.0%)
|
-4.03M
est: -946.30M (+99.6%)
|
51.93M
est: 99.35M (-47.7%)
|
34.55M
est: 31.62M (+9.3%)
|
-138.72M
est: -110.56M (-25.5%)
|
73.85M
est: 138.20M (-46.6%)
|
-86.45M
est: -181.65M (+52.4%)
|
9.49B
est: 211.92M (+4,379.8%)
|
10.92B
est: 47.01B (-76.8%)
|
-2.36B
est: 3.10B (-176.3%)
|
-14.71B
est: 700.00M (-2,201.0%)
|
-3.50B
-3.50B – -3.50B
-600.0% YoY
|
—
— – —
+100.0% YoY
|
| SGA |
26.36M
est: 17.96M (+46.8%)
|
35.85M
est: 23.30M (+53.9%)
|
37.49M
est: 16.23M (+130.9%)
|
54.54M
est: 33.73M (+61.7%)
|
232.99M
est: 102.83M (+126.6%)
|
214.84M
est: 189.99M (+13.1%)
|
258.98M
est: 212.57M (+21.8%)
|
302.98M
est: 265.47M (+14.1%)
|
399.94M
est: 301.85M (+32.5%)
|
766.52M
est: 857.06M (-10.6%)
|
950.64M
est: 850.58M (+11.8%)
|
817.72M
est: 1.06B (-23.1%)
|
2.69B
est: 1.17B (+130.0%)
|
1.70B
1.70B – 1.70B
+45.0% YoY
|
2.03B
2.03B – 2.03B
+20.0% YoY
|
| EPS |
-0.27
|
-0.19
|
-2.16
est: -0.16 (-1,231.5%)
|
-0.03
est: -0.19 (+84.3%)
|
0.19
est: 0.02 (+856.3%)
|
0.01
est: 0.01 (+50.2%)
|
-0.04
est: -0.02 (-73.2%)
|
0.04
est: 0.03 (+33.9%)
|
-0.04
est: -0.04 (-10.1%)
|
2.30
est: 0.04 (+5,326.6%)
|
4.76
est: 9.40 (-49.4%)
|
-0.47
est: 0.62 (-175.8%)
|
-2.94
est: 0.14 (-2,200.0%)
|
-0.70
-0.70 – -0.70
-600.0% YoY
|
—
— – —
+100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-26 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-25 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-22 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-21 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-20 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-18 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-15 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-14 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-13 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-12 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-11 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-08 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-07 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-06 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-05 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-04 | B | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 | 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- | 3/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-24 | B- | 3/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-22 | B- | 3/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-21 | B- | 3/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-20 | B- | 3/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-17 | B- | 3/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-16 | B- | 3/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
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 | iShares Global Clean Energy Transition UCITS ETF INRA.AS | 0.09% | 419.2K | 0.65% |
| 2 | iShares Global Clean Energy Transition UCITS ETF INRG.SW | 0.09% | 3.09M | 0.65% |
| 3 | iShares Global Clean Energy ETF ICLN | 0.09% | 2.30M | 0.39% |
| 4 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.01% | 13.2K | 0.42% |
| 5 | Avantis Emerging Markets Equity ETF AVEM | 0.01% | 2.64M | 0.33% |
| 6 | Invesco FTSE All-World UCITS ETF FWRA.SW | 0.00% | 215.5K | 0.15% |
| 7 | Invesco FTSE All-World UCITS ETF FTWG.L | 0.00% | 215.1K | 0.15% |
| 8 | Amundi Prime Emerging Markets UCITS ETF DR (C) PRAM.L | 0.00% | 57.8K | 0.10% |
| 9 | Avantis Emerging Markets ex-China Equity ETF AVXC | 0.00% | 9.1K | 0.33% |
| 10 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.00% | 34.0K | 0.26% |
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 |
|---|---|---|---|
| Ali Kindap | General Manager of Investments, Operations & Maintenance | — | male |
| Bekir Cem Koksal | Executive Director | — | male |
| Burak Simsek | Investor Relations Manager | — | — |
| Elif Yener | Chief Executive Officer | — | female |
| Fulya Bicak Mustu | Director of Technology & Digital Business Development | — | female |
| Funda Kucukosmanoglu | Marketing & Corporate Communications Group Manager | — | female |
| Murat Kubilay Simsek | General Manager of Financial Affairs | — | male |
| Ozdemir Manavci | Deputy General Manager of Accounting | — | male |
| Ramazan Harbili | Human Resources Director | — | male |
| Selen Zorlu Melik | Executive Director | — | female |
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 ZOREN.IS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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