Turk Tuborg Bira ve Malt Sanayii AS

Turk Tuborg maintains a conservative capital structure with a debt-to-equity ratio of 0.25 and a current ratio of 1.33, indicating adequate short-term liquidity coverage. The balance sheet shows total assets of 47.33 billion TRY against total liabilities of 23.74 billion TRY, resulting in total equity of 23.59 billion TRY. Long-term debt stands at 5.99 billion TRY, while cash and equivalents provide a buffer of 7.43 billion TRY. The company generates positive operating cash flow of 1.80 billion TRY, though free cash flow is lower at 746.34 million TRY due to significant capital expenditures of 4.41 billion TRY.

Profitability metrics demonstrate efficient capital utilization, with a return on equity of 14.31% and a return on assets of 7.13%. The company trades at a price-to-earnings ratio of 12.13 and a price-to-book ratio of 1.74, suggesting a moderate valuation relative to its earnings and book value. The enterprise value to EBITDA multiple is 5.77, and the EV-to-revenue ratio is 0.97, reflecting a compact valuation profile. Gross profit of 22.61 billion TRY on revenue of 40.91 billion TRY indicates a gross margin of approximately 55.26%, supporting the operating income of 6.85 billion TRY.