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Zorlu Enerji Elektrik Uretim A.S. (ZOREN.IS)

TRY2.64 -0.01 (-0.38%)
TR IST Utilities Regulated Electric
Address Büyükdere Avenue 34394
Istanbul, IST, TR
CEO Ibrahim Sinan Ak
IPO 2000-05-26
ISIN TRAZOREN91L8

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Description

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.

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
TRY2.64 -0.01 (-0.38%)
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Volume Profile
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Liquidity & share structure
Average Volume
67M
Beta
0.24
Float Shares
1.89B
Free Float %
37.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +1.64% +0.98% -8.31% -4.63% +0.65% +6.19% -37.32% +57.65% +117.22% -93.91%
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
2.64
DCF (Unlevered) 28.45 +977.7%
DCF (Levered) 9.46 +258.2%

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) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.08
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
2 / 10
No MOAT
Operational MOAT
✗ Below peers
  • 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)
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 (1.31) × ERP
WACC = 21% × Ke + 79% × Kd (16.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 28.45 Current price: 2.64
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 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
Historical Ratings (3M)
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

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-3.20B
OE per share TTM
-0.64
Owner's Yield
-20.72%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
128.0%

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 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

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
675.5K
Shares Outstanding
5.00B

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
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
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 history

Earnings history

Earnings reports

Stock splits