Communication Services · Telecommunications Services
Price
$5.88
Market Cap
$5.1B
Employees
23,795
Beta
0.68
Avg Volume
1,392,383
CEO
Ali Taha Koc
Business Description
Turkcell Iletisim Hizmetleri A.S. operates as a leading provider of various digital services, extending its reach across Turkey, Ukraine, Belarus, Northern Cyprus, Germany, and the Netherlands. The company's diverse operations are managed through three primary divisions: Turkcell Turkey, Turkcell International, and Techfin. Its offerings for corporate clients include a comprehensive suite of business communication solutions, such as mobile connectivity, fixed-line internet for enterprises, business phone systems, and specialized customer loyalty programs. Additionally, Turkcell delivers an extensive range of digital business services, ensuring reliable network access, robust cybersecurity measures, advanced data center capabilities, Internet of Things (IoT) applications, big data analytics, e-transformation tools, various technological innovations, managed IT services, and cloud computing solutions. The company also supplies an array of devices, hardware, software, and tailored financing options. For individual consumers, Turkcell presents a myriad of digital services, from search functionalities and billing/top-up facilities to a broad spectrum of information, entertainment, and application-based platforms. These include TV+, which allows subscribers to access series and other television content on demand; fizy, its dedicated digital music platform; Magazine Holder, a service for digital magazines and newspapers; and the Yaani mobile web browser. Further enhancing its digital ecosystem, Turkcell developed BiP, an all-in-one communication application; Goals Pocket, an app for sports news and video highlights; and the Digital Operator application, designed to streamline transactions and technology purchases. The company also provides home internet and television services for residential customers. Turkcell Iletisim Hizmetleri A.S. was established in 1993 and is headquartered in Istanbul, Turkey.
Business History
Price Overview
Last updated: Jul 1, 2026 4:44am (just now)$5.88
-0.08 (-1.34%)
Day Range
$5.77 – $5.90
52-Week Range
$5.35 – $7.18
50-Day MA
$6.10
200-Day MA
$6.09
Volume
3,824,493.00
Share Structure
Outstanding
870,576,988.00
Float
470,234,208.00
Free Float
54.0%
Normal free float
— 54.0% of shares trade freely, ~46% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
12.70
Stock Price: $5.88
EPS (Diluted): 22.33
EPS (Diluted): 22.33
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
33.54
Stock Price: $5.88
Total Equity: $6.04B
Shares: 861,818,000
Total Equity: $6.04B
Shares: 861,818,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
3.19
Market Cap: $5.12B
Total Debt: $3.40B
Cash: $2.16B
EBITDA: $2.64B
Total Debt: $3.40B
Cash: $2.16B
EBITDA: $2.64B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$204.0B
Market Cap: $5.12B
Total Debt: $3.40B
Cash: $2.16B
Total Debt: $3.40B
Cash: $2.16B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
28.7%
Gross Profit: $1.75B
Revenue: $6.10B
Revenue: $6.10B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
17.0%
Operating Income: $1.04B
Revenue: $6.10B
Revenue: $6.10B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
7.3%
Net Income: $444.87M
Revenue: $6.10B
Revenue: $6.10B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
7.3%
Net Income: $444.87M
Total Equity: $6.04B
Total Equity: $6.04B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
4.2%
Operating Income: $1.04B
Tax Rate: 43.0%
Equity: $6.04B
Total Debt: $3.40B
Cash: $2.16B
Tax Rate: 43.0%
Equity: $6.04B
Total Debt: $3.40B
Cash: $2.16B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.70
Current Assets: $3.65B
Current Liabilities: $2.14B
Current Liabilities: $2.14B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.56
Short-Term Debt: $835.96M
Long-Term Debt: $2.57B
Total Debt: $3.40B
Total Equity: $6.04B
Long-Term Debt: $2.57B
Total Debt: $3.40B
Total Equity: $6.04B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$7.08
Revenue: $6.10B
Shares: 861,818,000
Shares: 861,818,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$7.00
Total Equity: $6.04B
Shares: 861,818,000
Shares: 861,818,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$85.75
Operating CF: $121.62B
CapEx: -$47.71B
Shares: 861,818,000
CapEx: -$47.71B
Shares: 861,818,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
4.8%
Last Dividend: N/A
Stock Price: $5.88
Stock Price: $5.88
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $444.87M
Net Income: $444.87M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares TKC against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 1, 2026 4:44am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $108.6B | $135.0B | $107.1B | $166.7B | $6.1B |
| Cost of Revenue | $86.1B | $117.9B | $84.4B | $125.5B | $4.4B |
| Gross Profit | $22.5B | $17.0B | $22.7B | $41.2B | $1.7B |
| Operating Expenses | $10.4B | $12.8B | $14.9B | $6.0B | $709.8M |
| Operating Income | $12.1B | $4.3B | $7.8B | $35.1B | $1.0B |
| Net Income | $7.1B | $9.9B | $12.6B | $23.5B | $444.9M |
| EBITDA | $44.0B | $61.7B | $45.2B | $60.8B | $2.6B |
| EPS | $5.75 | $12.65 | $14.38 | $26.98 | $22.33 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 1, 2026 4:44am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $30.6B | $42.8B | $72.2B | $68.9B | $2.2B |
| Total Current Assets | $48.6B | $77.3B | $148.1B | $113.7B | $3.6B |
| Total Assets | $151.3B | $235.0B | $356.7B | $344.3B | $12.1B |
| Current Liabilities | $28.3B | $48.5B | $83.3B | $90.8B | $2.1B |
| Long-Term Debt | $42.6B | $57.6B | $81.3B | $48.7B | $2.6B |
| Total Liabilities | $85.9B | $125.6B | $180.3B | $157.3B | $6.0B |
| Total Equity | $65.4B | $109.4B | $176.5B | $187.0B | $6.0B |
| Retained Earnings | $44.6B | $77.4B | $125.8B | $177.6B | $4.5B |
Cash Flow (Annual)
Last updated: Jul 1, 2026 4:44am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.4B | $61.0B | $60.2B | $75.0B | $121.6B |
| Capital Expenditure | -$623.8M | -$40.8B | -$42.6B | -$30.7B | -$47.7B |
| Free Cash Flow | $1.7B | $20.2B | $17.6B | $44.3B | $73.9B |
| Acquisitions (net) | $11.6M | -$1.5B | -$784.5M | $30.8M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | -$50.8M | -$328.0M | -$279.5M |
| Net Change in Cash | -$193.0M | -$11.1B | $16.0B | -$9.1B | $8.1B |
Analyst Estimates (Annual)
Last updated: Jul 1, 2026 4:44am (just now)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$5.5B $5.2B – $5.6B
|
$7.0B $6.7B – $7.3B
|
$8.4B $7.3B – $9.1B
|
$10.3B $9.4B – $11.0B
|
| EBITDA |
$2.3B $2.2B – $2.3B
|
$2.9B $2.8B – $3.0B
|
$3.5B $3.0B – $3.8B
|
$4.3B $3.9B – $4.6B
|
| Net Income |
$436.8M $387.2M – $476.0M
|
$592.0M $524.9M – $645.2M
|
$889.4M $788.6M – $969.4M
|
$1.0B $918.8M – $1.1B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 1, 2026 4:44am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +24.3% | -20.6% | +55.6% | -96.3% |
| Gross Profit Growth | -24.1% | +33.2% | +81.3% | -95.8% |
| Operating Income Growth | -64.8% | +83.2% | +349.6% | -97.0% |
| Net Income Growth | +39.2% | +26.4% | +87.4% | -98.1% |
| EBITDA Growth | +40.2% | -26.7% | +34.6% | -95.7% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-18 | Dolaz Serhat | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Caglar Ugur | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Gungor Vehbi Cagri | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Durdu Erkan | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Sarisoy Idris | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Demirhan Mustafa | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Olpak Nail | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Ermut Salim Arda | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Uysal Ali | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Kazanci Senol | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Yasin Meliksah | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Tugtag Metin | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Akguc Murat | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Kucukozdemir Murat | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Koc Ali Taha | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Yildiz Atilla | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Bahcekapili Ayse Nur | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Yayla Erdal | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Kilic Figen | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Arpaci Gurkan | 0.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jul 1, 2026 4:44am (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2025-12-29 | $0.11 | 2025-04-09 | 2025-12-29 | 2026-01-07 |
| 2025-06-23 | $0.11 | 2025-04-09 | 2025-06-23 | 2025-07-01 |
| 2024-12-06 | $0.20 | 2024-05-22 | 2024-12-06 | 2024-12-16 |
| 2023-12-20 | $0.09 | 2023-08-09 | 2023-12-21 | 2023-12-29 |
| 2022-07-26 | $0.08 | 2022-06-21 | 2022-07-27 | 2022-08-03 |
| 2021-10-29 | $0.10 | 2021-10-07 | 2021-11-01 | 2021-11-08 |
| 2021-07-30 | $0.12 | 2021-07-08 | 2021-08-02 | 2021-08-09 |
| 2021-04-30 | $0.12 | 2021-04-16 | 2021-05-03 | 2021-05-10 |
| 2020-11-30 | $0.12 | 2020-12-01 | 2020-12-08 | |
| 2019-10-31 | $0.20 | 2019-09-13 | 2019-11-01 | 2019-11-08 |
| 2018-12-17 | $0.14 | 2018-11-21 | 2018-12-18 | 2018-12-26 |
| 2018-09-17 | $0.11 | 2018-07-16 | 2018-09-18 | 2018-09-25 |
| 2018-06-18 | $0.15 | 2018-02-28 | 2018-06-19 | 2018-06-26 |
| 2017-12-15 | $0.30 | 2017-11-24 | 2017-12-18 | 2017-12-26 |
| 2017-09-15 | $0.32 | 2017-07-05 | 2017-09-18 | 2017-09-25 |
| 2017-06-15 | $0.32 | 2017-06-02 | 2017-06-19 | 2017-06-23 |
| 2015-04-01 | $1.71 | 2015-04-06 | 2015-04-14 | |
| 2010-05-14 | $0.61 | 2010-05-18 | 2010-05-27 | |
| 2009-05-14 | $0.81 | 2009-05-18 | 2009-05-29 | |
| 2008-05-19 | $0.59 | 2008-05-21 | 2008-05-30 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for TKC — it's generated by the pipeline (
market-narrative step).
No community reviews yet for TKC.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.360 · 7b6df9be · 2026-06-30 17:24:24