TKC Stock Analysis: Turkcell Iletisim | NYSE
Telecom Services | NYSE, USA | Market Cap: 5.084m USD | 12M Return: -3.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.4M
EPS Trend: -39.0%
Rev. Trend: 79.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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: 14.3b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -2.00 > 1.0 |
| NWC/Revenue: 41.39% < 20% (prev 35.67%; Δ 5.72% < -1%) |
| CFO/TA 0.09 > 3% & CFO 53.1b > Net Income 14.3b |
| Net Debt (102b) to EBITDA (87.1b): 1.18 < 3 |
| Current Ratio: 1.69 > 1.5 & < 3 |
| Outstanding Shares: last quarter (870.3m) vs 12m ago -0.46% < -2% |
| Gross Margin: 27.74% > 18% (prev 26.22%; Δ 1.52% > 0.5%) |
| Asset Turnover: 35.19% > 50% (prev 44.81%; Δ -9.62% > 0%) |
| Interest Coverage Ratio: 3.70 > 6 (EBIT TTM 35.9b / Interest Expense TTM 9.69b) |
| A: 0.12 (Total Current Assets 185b - Total Current Liabilities 109b) / Total Assets 620b |
| B: 0.35 (Retained Earnings 219b / Total Assets 620b) |
| C: 0.07 (EBIT TTM 35.9b / Avg Total Assets 519b) |
| D: 0.89 (Book Value of Equity 292b / Total Liabilities 328b) |
| Altman-Z'' = 3.35 = A |
| DSRI: 1.44 (Receivables 47.1b/33.5b, Revenue 183b/187b) |
| GMI: 0.95 (GM 26.22% / 27.74%) |
| AQI: 1.21 (AQ_t 0.38 / AQ_t-1 0.31) |
| SGI: 0.97 (Revenue 183b / 187b) |
| TATA: -0.06 (NI 14.3b - CFO 53.1b) / TA 620b) |
| Beneish M = -2.61 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at USD 5.65 with a total of 1,249,407 shares traded. Over the past week, the price has changed by -4.24%, over one month by -0.88%, over three months by -11.58% and over the past year by -3.67%.
Current recommended Stop Loss: 5.40 (which is 4.4% 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 | 7.6 | 33.6% |
Market Cap TRY = 238b (5.08b USD * 46.8536 USD.TRY)
P/E Trailing = 12.9778
P/E Forward = 31.0559
P/S = 0.9682
P/B = 0.822
P/EG = 4.3726
Revenue TTM = 183b TRY
EBIT TTM = 35.9b TRY
EBITDA TTM = 87.1b TRY
Long Term Debt = 156b TRY (from longTermDebt, last quarter)
Short Term Debt = 38.4b TRY (from shortTermDebt, last quarter)
Debt = 223b TRY (from shortLongTermDebtTotal, last quarter) + Leases 16.2b
Net Debt = 102b TRY (calculated: Debt 223b - CCE 121b)
Enterprise Value = 341b TRY (238b + Debt 223b - CCE 121b)
Interest Coverage Ratio = 3.70 (Ebit TTM 35.9b / Interest Expense TTM 9.69b)
EV/FCF = 14.17x (Enterprise Value 341b / FCF TTM 24.0b)
FCF Yield = 7.06% (FCF TTM 24.0b / Enterprise Value 341b)
FCF Margin = 13.16% (FCF TTM 24.0b / Revenue TTM 183b)
Net Margin = 7.85% (Net Income TTM 14.3b / Revenue TTM 183b)
Gross Margin = 27.74% ((Revenue TTM 183b - Cost of Revenue TTM 132b) / Revenue TTM)
Gross Margin QoQ = 26.79% (prev 28.21%)
Tobins Q-Ratio = 0.55 (Enterprise Value 341b / Total Assets 620b)
Interest Expense / Debt = 4.34% (Interest Expense 9.69b / Debt 223b)
Taxrate = 44.75% (11.7b / 26.3b)
NOPAT = 19.8b (EBIT 35.9b * (1 - 44.75%))
Current Ratio = 1.69 (Total Current Assets 185b / Total Current Liabilities 109b)
Debt / Equity = 0.76 (Debt 223b / totalStockholderEquity, last quarter 292b)
Debt / EBITDA = 1.18 (Net Debt 102b / EBITDA 87.1b)
Debt / FCF = 4.26 (Net Debt 102b / FCF TTM 24.0b)
Total Stockholder Equity = 190b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.76% (Net Income 14.3b / Total Assets 620b)
RoE = 7.54% (Net Income TTM 14.3b / Total Stockholder Equity 190b)
RoCE = 10.38% (EBIT 35.9b / Capital Employed (Equity 190b + L.T.Debt 156b))
RoIC = 3.68% (NOPAT 19.8b / Invested Capital 540b)
WACC = 5.03% (E(238b)/V(461b) * Re(7.49%) + D(223b)/V(461b) * Rd(4.34%) * (1-Tc(0.45)))
Discount Rate = 7.49% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -60.0 | Cagr: -0.13%
[DCF] Terminal Value 75.14% ; FCFF base≈24.3b ; Y1≈23.9b ; Y5≈24.4b
[DCF] Fair Price = 319.8 (EV 381b - Net Debt 102b = Equity 278b / Shares 870.6m; r=8.35% [WACC [floored]]; 5y FCF grow -2.22% → 2.50% )
EPS Correlation: -38.96 | EPS CAGR: -14.59% | SUE: N/A | # QB: 0
Revenue Correlation: 79.27 | Revenue CAGR: 22.61% | SUE: 0.01 | # QB: 0
EPS current Year (2026-12-31): EPS=28.93 | Chg30d=-20.05% | Revisions=-25% | GrowthEPS=+35.5% | GrowthRev=+44.7%
EPS next Year (2027-12-31): EPS=52.03 | Chg30d=-19.84% | Revisions=+0% | GrowthEPS=+79.8% | GrowthRev=+22.1%
[Analyst] Revisions Ratio: -25% (up=0, down=1)