TURKCELL ILETISIM HIZMET-ADR (TKC) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:TKC • US9001112047
6.71 USD
+0.19 (+2.91%)
At close: Feb 3, 2026
6.73 USD
+0.02 (+0.3%)
After Hours: 2/3/2026, 4:24:01 PM
Overall TKC gets a fundamental rating of 6 out of 10. We evaluated TKC against 22 industry peers in the Wireless Telecommunication Services industry. Both the profitability and the financial health of TKC get a neutral evaluation. Nothing too spectacular is happening here. TKC is not overvalued while it is showing excellent growth. This is an interesting combination. This makes TKC very considerable for growth investing!
1. Profitability
1.1 Basic Checks
- TKC had positive earnings in the past year.
- In the past year TKC had a positive cash flow from operations.
- TKC had positive earnings in each of the past 5 years.
- Each year in the past 5 years TKC had a positive operating cash flow.
1.2 Ratios
- TKC has a Return On Assets of 4.82%. This is in the better half of the industry: TKC outperforms 68.18% of its industry peers.
- Looking at the Return On Equity, with a value of 9.74%, TKC is in line with its industry, outperforming 59.09% of the companies in the same industry.
- TKC has a better Return On Invested Capital (9.40%) than 77.27% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for TKC is below the industry average of 6.55%.
- The last Return On Invested Capital (9.40%) for TKC is above the 3 year average (3.62%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.82% | ||
| ROE | 9.74% | ||
| ROIC | 9.4% |
ROA(3y)4.95%
ROA(5y)6.04%
ROE(3y)9.71%
ROE(5y)14.37%
ROIC(3y)3.62%
ROIC(5y)6.29%
1.3 Margins
- Looking at the Profit Margin, with a value of 7.30%, TKC is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
- In the last couple of years the Profit Margin of TKC has grown nicely.
- Looking at the Operating Margin, with a value of 16.64%, TKC is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
- In the last couple of years the Operating Margin of TKC has declined.
- With a Gross Margin value of 27.66%, TKC is not doing good in the industry: 81.82% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of TKC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.64% | ||
| PM (TTM) | 7.3% | ||
| GM | 27.66% |
OM growth 3Y-14.84%
OM growth 5Y-9.76%
PM growth 3Y0.26%
PM growth 5Y1.79%
GM growth 3Y-6.05%
GM growth 5Y-5.09%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TKC is destroying value.
- The number of shares outstanding for TKC remains at a similar level compared to 1 year ago.
- The number of shares outstanding for TKC has been increased compared to 5 years ago.
- TKC has a better debt/assets ratio than last year.
2.2 Solvency
- TKC has an Altman-Z score of 2.62. This is not the best score and indicates that TKC is in the grey zone with still only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.62, TKC belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
- TKC has a debt to FCF ratio of 13.71. This is a negative value and a sign of low solvency as TKC would need 13.71 years to pay back of all of its debts.
- TKC's Debt to FCF ratio of 13.71 is in line compared to the rest of the industry. TKC outperforms 40.91% of its industry peers.
- TKC has a Debt/Equity ratio of 0.54. This is a neutral value indicating TKC is somewhat dependend on debt financing.
- TKC has a Debt to Equity ratio (0.54) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 13.71 | ||
| Altman-Z | 2.62 |
ROIC/WACC0.99
WACC9.49%
2.3 Liquidity
- A Current Ratio of 1.75 indicates that TKC should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.75, TKC belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
- TKC has a Quick Ratio of 1.75. This is a normal value and indicates that TKC is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.75, TKC belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.75 |
3. Growth
3.1 Past
- The earnings per share for TKC have decreased by -3.18% in the last year.
- The Earnings Per Share has been growing by 48.75% on average over the past years. This is a very strong growth
- Looking at the last year, TKC shows a very strong growth in Revenue. The Revenue has grown by 70.48%.
- The Revenue has been growing by 45.99% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-3.18%
EPS 3Y67.24%
EPS 5Y48.75%
EPS Q2Q%-5.95%
Revenue 1Y (TTM)70.48%
Revenue growth 3Y66.79%
Revenue growth 5Y45.99%
Sales Q2Q%326.16%
3.2 Future
- Based on estimates for the next years, TKC will show a very strong growth in Earnings Per Share. The EPS will grow by 25.61% on average per year.
- The Revenue is expected to grow by 30.99% on average over the next years. This is a very strong growth
EPS Next Y-12.55%
EPS Next 2Y18.06%
EPS Next 3Y25.61%
EPS Next 5YN/A
Revenue Next Year42.5%
Revenue Next 2Y35.24%
Revenue Next 3Y30.15%
Revenue Next 5Y30.99%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 10.82, which indicates a very decent valuation of TKC.
- Based on the Price/Earnings ratio, TKC is valued cheaply inside the industry as 86.36% of the companies are valued more expensively.
- TKC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.41.
- TKC is valuated cheaply with a Price/Forward Earnings ratio of 7.76.
- Based on the Price/Forward Earnings ratio, TKC is valued cheaply inside the industry as 95.45% of the companies are valued more expensively.
- TKC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.82 | ||
| Fwd PE | 7.76 |
4.2 Price Multiples
- TKC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TKC is cheaper than 95.45% of the companies in the same industry.
- 72.73% of the companies in the same industry are cheaper than TKC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.24 | ||
| EV/EBITDA | 2.3 |
4.3 Compensation for Growth
- TKC has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as TKC's earnings are expected to grow with 25.61% in the coming years.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y18.06%
EPS Next 3Y25.61%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.10%, TKC has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 6.47, TKC has a dividend in line with its industry peers.
- TKC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
5.2 History
- On average, the dividend of TKC grows each year by 45.17%, which is quite nice.
- TKC has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of TKC decreased in the last 3 years.
Dividend Growth(5Y)45.17%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- TKC pays out 49.02% of its income as dividend. This is a bit on the high side, but may be sustainable.
- TKC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP49.02%
EPS Next 2Y18.06%
EPS Next 3Y25.61%
6.71
+0.19 (+2.91%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)11-06 2025-11-06
Earnings (Next)02-25 2026-02-25/bmo
Inst Owners11.92%
Inst Owner Change1.13%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.85B
Revenue(TTM)324.26B
Net Income(TTM)23.68B
Analysts82.86
Price Target8.14 (21.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
Yearly Dividend0.19
Dividend Growth(5Y)45.17%
DP49.02%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.96%
PT rev (3m)-4.49%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.67%
EPS NY rev (3m)-5.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.82 | ||
| Fwd PE | 7.76 | ||
| P/S | 0.78 | ||
| P/FCF | 19.24 | ||
| P/OCF | 3.29 | ||
| P/B | 1.05 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 2.3 |
EPS(TTM)0.62
EY9.24%
EPS(NY)0.86
Fwd EY12.88%
FCF(TTM)0.35
FCFY5.2%
OCF(TTM)2.04
OCFY30.41%
SpS8.56
BVpS6.41
TBVpS3.81
PEG (NY)N/A
PEG (5Y)0.22
Graham Number9.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.82% | ||
| ROE | 9.74% | ||
| ROCE | 14% | ||
| ROIC | 9.4% | ||
| ROICexc | 14.36% | ||
| ROICexgc | 23.1% | ||
| OM | 16.64% | ||
| PM (TTM) | 7.3% | ||
| GM | 27.66% | ||
| FCFM | 4.08% |
ROA(3y)4.95%
ROA(5y)6.04%
ROE(3y)9.71%
ROE(5y)14.37%
ROIC(3y)3.62%
ROIC(5y)6.29%
ROICexc(3y)5.04%
ROICexc(5y)8.99%
ROICexgc(3y)8.58%
ROICexgc(5y)15.05%
ROCE(3y)5.61%
ROCE(5y)9.7%
ROICexgc growth 3Y-15%
ROICexgc growth 5Y-13.41%
ROICexc growth 3Y-17.01%
ROICexc growth 5Y-12.51%
OM growth 3Y-14.84%
OM growth 5Y-9.76%
PM growth 3Y0.26%
PM growth 5Y1.79%
GM growth 3Y-6.05%
GM growth 5Y-5.09%
F-Score6
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 13.71 | ||
| Debt/EBITDA | 1.16 | ||
| Cap/Depr | 107.09% | ||
| Cap/Sales | 19.77% | ||
| Interest Coverage | 2.88 | ||
| Cash Conversion | 67.94% | ||
| Profit Quality | 55.84% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.75 | ||
| Altman-Z | 2.62 |
F-Score6
WACC9.49%
ROIC/WACC0.99
Cap/Depr(3y)90.31%
Cap/Depr(5y)105.08%
Cap/Sales(3y)28.83%
Cap/Sales(5y)27.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.18%
EPS 3Y67.24%
EPS 5Y48.75%
EPS Q2Q%-5.95%
EPS Next Y-12.55%
EPS Next 2Y18.06%
EPS Next 3Y25.61%
EPS Next 5YN/A
Revenue 1Y (TTM)70.48%
Revenue growth 3Y66.79%
Revenue growth 5Y45.99%
Sales Q2Q%326.16%
Revenue Next Year42.5%
Revenue Next 2Y35.24%
Revenue Next 3Y30.15%
Revenue Next 5Y30.99%
EBIT growth 1Y336%
EBIT growth 3Y42.04%
EBIT growth 5Y31.74%
EBIT Next Year328.99%
EBIT Next 3Y89.5%
EBIT Next 5Y64.04%
FCF growth 1Y-7.6%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y106.72%
OCF growth 3Y32.41%
OCF growth 5Y37.83%
TURKCELL ILETISIM HIZMET-ADR / TKC FAQ
What is the fundamental rating for TKC stock?
ChartMill assigns a fundamental rating of 6 / 10 to TKC.
What is the valuation status of TURKCELL ILETISIM HIZMET-ADR (TKC) stock?
ChartMill assigns a valuation rating of 6 / 10 to TURKCELL ILETISIM HIZMET-ADR (TKC). This can be considered as Fairly Valued.
What is the profitability of TKC stock?
TURKCELL ILETISIM HIZMET-ADR (TKC) has a profitability rating of 6 / 10.
What is the financial health of TURKCELL ILETISIM HIZMET-ADR (TKC) stock?
The financial health rating of TURKCELL ILETISIM HIZMET-ADR (TKC) is 5 / 10.
What is the expected EPS growth for TURKCELL ILETISIM HIZMET-ADR (TKC) stock?
The Earnings per Share (EPS) of TURKCELL ILETISIM HIZMET-ADR (TKC) is expected to decline by -12.55% in the next year.