TKC Stock Analysis: Turkcell Iletisim | NYSE
Telecom Services | NYSE, USA | Market Cap: 4.701m USD | 12M Return: -9% | US9001112047 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.6M
EPS Trend: -65.2%
Rev. Trend: 77.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) is a Turkey-based mobile telecommunications operator that runs GSM (Global System for Mobile Communications) networks across Turkey, Belarus, the Turkish Republic of Northern Cyprus, Germany, and the Netherlands. The company was founded in 1993 and is headquartered in Istanbul.
The business is organized into three segments: Turkcell Turkiye (domestic mobile operations), Turkcell International (overseas operations), and Techfin (financial technology services, including consumer financing and electronic payments). Beyond core mobile and fixed-line telecommunications, Turkcell offers television and on-demand content, cloud and data center services, digital education, and software developer training.
In addition to telecom, the company is involved in information technology, entertainment, R&D, insurance agency, property investments, electricity energy trade, and venture capital. This diversified portfolio places Turkcell within both the wireless telecommunications sector and the broader digital services and fintech space.
- Turkish lira depreciation pressures reported margins and revenue
- 5G spectrum auction increases capex and balance sheet exposure
- Techfin consumer financing accelerates segment revenue mix
| Net Income: 15.5b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.66 > 1.0 |
| NWC/Revenue: 29.33% < 20% (prev 36.88%; Δ -7.56% < -1%) |
| CFO/TA 0.13 > 3% & CFO 85.6b > Net Income 15.5b |
| Net Debt (113b) to EBITDA (93.4b): 1.21 < 3 |
| Current Ratio: 1.49 > 1.5 & < 3 |
| Outstanding Shares: last quarter (868.7m) vs 12m ago -0.21% < -2% |
| Gross Margin: 27.01% > 18% (prev 27.03%; Δ -0.03% > 0.5%) |
| Asset Turnover: 36.34% > 50% (prev 42.25%; Δ -5.91% > 0%) |
| Interest Coverage Ratio: 1.66 > 6 (EBIT TTM 36.1b / Interest Expense TTM 21.8b) |
| A: 0.09 (Total Current Assets 181b - Total Current Liabilities 122b) / Total Assets 662b |
| B: 0.35 (Retained Earnings 231b / Total Assets 662b) |
| C: 0.06 (EBIT TTM 36.1b / Avg Total Assets 560b) |
| D: 0.88 (Book Value of Equity 311b / Total Liabilities 351b) |
| Altman-Z'' = 3.09 = A |
| DSRI: 1.37 (Receivables 51.6b/35.9b, Revenue 203b/193b) |
| GMI: 1.00 (GM 27.03% / 27.01%) |
| AQI: 1.24 (AQ_t 0.39 / AQ_t-1 0.31) |
| SGI: 1.05 (Revenue 203b / 193b) |
| TATA: -0.11 (NI 15.5b - CFO 85.6b) / TA 662b) |
| Beneish M = -2.55 (Cap -4..+1) = A |
As of August 25, 2026, the stock is trading at USD 5.42 with a total of 1,273,923 shares traded. Over the past week, the price has changed by +0.00%, over one month by -2.52%, over three months by -4.75% and over the past year by -8.96%.
Current recommended Stop Loss: 5.20 (which is 4.1% or 1.8 ATR below the current price).
Turkcell Iletisim has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy TKC.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 7.4 | 36.3% |
Market Cap TRY = 226b (4.70b USD * 48.0875 USD.TRY)
P/E Trailing = 12.5581
P/E Forward = 31.0559
P/S = 0.9098
P/B = 0.7317
P/EG = 4.3726
Revenue TTM = 203b TRY
EBIT TTM = 36.1b TRY
EBITDA TTM = 93.4b TRY
Long Term Debt = 110b TRY (from longTermDebt, last fiscal year)
Short Term Debt = 37.2b TRY (from shortTermDebt, last quarter)
Debt = 229b TRY (from shortLongTermDebtTotal, last quarter) + Leases 16.2b
Net Debt = 113b TRY (calculated: Debt 229b - CCE 116b)
Enterprise Value = 339b TRY (226b + Debt 229b - CCE 116b)
Interest Coverage Ratio = 1.66 (Ebit TTM 36.1b / Interest Expense TTM 21.8b)
EV/FCF = 8.45x (Enterprise Value 339b / FCF TTM 40.1b)
FCF Yield = 11.84% (FCF TTM 40.1b / Enterprise Value 339b)
FCF Margin = 19.74% (FCF TTM 40.1b / Revenue TTM 203b)
Net Margin = 7.63% (Net Income TTM 15.5b / Revenue TTM 203b)
Gross Margin = 27.01% ((Revenue TTM 203b - Cost of Revenue TTM 148b) / Revenue TTM)
Gross Margin QoQ = 25.36% (prev 26.79%)
Tobins Q-Ratio = 0.51 (Enterprise Value 339b / Total Assets 662b)
Interest Expense / Debt = 9.53% (Interest Expense 21.8b / Debt 229b)
Taxrate = 42.04% (11.2b / 26.7b)
NOPAT = 20.9b (EBIT 36.1b * (1 - 42.04%))
Current Ratio = 1.49 (Total Current Assets 181b / Total Current Liabilities 122b)
Debt / Equity = 0.74 (Debt 229b / totalStockholderEquity, last quarter 311b)
Debt / EBITDA = 1.21 (Net Debt 113b / EBITDA 93.4b)
Debt / FCF = 2.81 (Net Debt 113b / FCF TTM 40.1b)
Total Stockholder Equity = 213b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.77% (Net Income 15.5b / Total Assets 662b)
RoE = 7.29% (Net Income TTM 15.5b / Total Stockholder Equity 213b)
RoCE = 11.18% (EBIT 36.1b / Capital Employed (Equity 213b + L.T.Debt 110b))
RoIC = 3.69% (NOPAT 20.9b / Invested Capital 568b)
WACC = 6.84% (E(226b)/V(455b) * Re(8.17%) + D(229b)/V(455b) * Rd(9.53%) * (1-Tc(0.42)))
Discount Rate = 8.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -38.97 | Cagr: -0.23%
[DCF] Terminal Value 77.97% ; FCFF base≈34.0b ; Y1≈39.0b ; Y5≈57.3b
[DCF] Fair Price = 861.3 (EV 863b - Net Debt 113b = Equity 750b / Shares 870.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -65.16 | EPS CAGR: -31.78% | SUE: N/A | # QB: 0
Revenue Correlation: 77.04 | Revenue CAGR: 15.19% | SUE: 0.01 | # QB: 0
EPS current Year (2026-12-31): EPS=25.67 | Chg30d=-11.27% | Revisions=-25% | GrowthEPS=+20.2% | GrowthRev=+44.4%
EPS next Year (2027-12-31): EPS=45.90 | Chg30d=-11.77% | Revisions=+0% | GrowthEPS=+78.8% | GrowthRev=+20.3%
[Analyst] Revisions Ratio: -25% (up=0, down=1)