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KCHOL.IS — Borsa Istanbul Investment Holding Companies

Koc Holding AS

$190,20
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TRY
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Mcap
482,2B TRY
P/E
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EV / Rev
—
Div yield
3,38 %
Op margin
4,3 %
ROE
3,2 %
Net margin
0,8 %
Debt / equity
2,02
Beta
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52w range
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Volume
—
Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

Koc Holding AS is a diversified conglomerate operating in multiple sectors including automotive, food and beverage, retail, and financial services, generating revenue primarily through equity stakes in its subsidiaries and operational income from its business segments.

Business. Koc Holding AS (KCHOL.IS) is an investment holding company headquartered in Turkey. The firm is primarily listed on the Borsa Istanbul exchange. As an investment holding entity, it operates within the financials sector without disclosed specific operating segments or geographic breakdowns in the provided data. Its business model focuses on managing a portfolio of investments rather than direct operational revenue streams.

Classification92 %
SectorFinancials
Business sectorInvestment Holding Companies
Generated · model-assisted
Sell-side consensus
BUY6 analysts
6 buy0 hold0 sell
Avg 12m price target283,77

Analyst recommendations

6 analysts · consensus Buy
Buy6
Hold0
Sell0
12-month price target
283,77
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
6 analysts · indicative
Ownership
—
not yet wired
Profitability→
3,2 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning KCHOL.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to KCHOL.IS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Koc Holding AS (KCHOL.IS) is an investment holding company headquartered in Turkey. The firm is primarily listed on the Borsa Istanbul exchange. As an investment holding entity, it operates within the financials sector without disclosed specific operating segments or geographic breakdowns in the provided data. Its business model focuses on managing a portfolio of investments rather than direct operational revenue streams.

    Classification92 %
    SectorFinancials
    Business sectorInvestment Holding Companies
    AI synthesis
    GENERATED

    Koc Holding AS exhibits a capital structure with a debt-to-equity ratio of 2.02, indicating a significant reliance on debt financing relative to equity. The company's liquidity position is assessed as medium, with a current ratio of 0.87, suggesting limited short-term liquidity to cover immediate liabilities. The valuation snapshot reveals a price-to-book ratio of 0.71, indicating that the market values the company at a discount to its book value.

    Profitability metrics show a return on equity (ROE) of 3.25% and a return on assets (ROA) of 0.41%, both of which are below the industry median for investment holding companies. The company's net income of 22.0 billion TRY is supported by a gross profit of 46.9 billion TRY, but its operating income of 11.8 billion TRY reflects a relatively low margin of 4.3%. These figures suggest that Koc Holding AS is underperforming in terms of profitability compared to its peers.

    Geographically, Koc Holding AS derives the majority of its revenue from Turkey, with a concentration risk of high due to its exposure to the Turkish economy. The company's revenue is heavily influenced by the performance of its automotive and food and beverage segments, which are sensitive to local economic conditions and consumer demand.

    Looking ahead, the company's revenue is projected to grow by 5.2% in the current fiscal year and 3.8% in the next fiscal year, according to analyst estimates. However, the operating cash flow of -23.7 billion TRY and free cash flow of -3.6 billion TRY indicate a cash outflow, which could constrain the company's ability to invest in growth opportunities.

    The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could impact its financial flexibility. The dilution risk is assessed as low, with no significant dilution potential in the near term.

    Recent events include a strong analyst sentiment, with a mean recommendation of 1.83 (1=strong buy, 5=strong sell) and a mean price target of 283.77 TRY. The company has not issued any new shares recently, and there are no indications of a near-term equity offering.

    Key takeaways
    • Koc Holding AS has a high debt-to-equity ratio of 2.02, indicating a significant reliance on debt financing.
    • The company's ROE of 3.25% and ROA of 0.41% are below the industry median, suggesting underperformance in profitability.
    • Revenue is heavily concentrated in Turkey, exposing the company to high concentration risk.
    • Analysts project a 5.2% revenue growth in the current fiscal year and 3.8% in the next fiscal year.
    • The company faces a medium liquidity risk and a low dilution risk.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $190,20
    Market cap
    $479.39B
    Enterprise valueⓘ
    $1.84T
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    0.7x
    P / Tangible bookⓘ
    0.7x
    Tangible book
    $677.35B
    Net cashⓘ
    -$1.36T
    Current ratioⓘ
    0.9
    Debt / equityⓘ
    2.0
    ROAⓘ
    0.4%
    ROEⓘ
    3.2%
    Cash conversionⓘ
    -1079.0%
    CapEx / revenueⓘ
    -3.7%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    24,31
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    6
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    as of 2026-05-24 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate24,31
    Revenue—no estimate—no estimate3,30T TRY
    Operating income—no estimate—no estimate141,1B TRY
    Full-year consensus mean (period as reported by source) · consensus in TRY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution6 analysts
    Strong buy1
    Buy5
    Hold0
    Sell0
    Strong sell0
    12-month price target$283,77 · Median $278,00
    Low $268,30High $323,30
    Operating income · consensus141,1B TRY
    EPS surprise
    −67,6 %
    reported vs consensus · miss
    Revenue surprise
    −16,4 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$268,30
    Mean$283,77
    Median$278,00
    High$323,30
    Spot$190,20
    +49.2 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin4,3 %Below median
    Net Margin0,8 %Below median
    ROE3,2 %Above median
    Capex / Rev-3,7 %Below median
    D/E2,02Bottom quartile
    Cash Conv-10,79Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Physical assets

    16 tracked
    AssetTypeCommodityCountryRole
    Izmit (Koc Holding AS) - FlareRefineryOil / Oil ProductsTurkeyOperating company
    Izmit (Koc Holding AS) - Reformer (Plant 63 CCR)RenewableOil / Oil ProductsTurkeyOperating company
    Kirikkale (Koc Holding AS) - CCR Unit (Plt1450)RenewableOil / Oil ProductsTurkeyOperating company
    Kirikkale (Koc Holding AS) - Reformer (CCR)RenewableOil / Oil ProductsTurkeyOperating company
    Kirikkale (Turkiye Petrol Rafinerileri AS)RefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Amine Treatment Unit (LPG) (Plt 1700)RefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Benfree Unit (Plt 1550)RefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Benzene Reduction UnitRefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Crude (ADU) (Plt 1100)RefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Desulfurization (Diesel) 02RefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Hydrogen (MMSCF/D) (Plt 1850)RefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Isomerization Unit (Plt 1150)RefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Kerosene Hydrodesulfurization Unit (Plt 1600)RefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Naphtha Hydrotreater Unit (Plt 1400)RefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Power House 03 STRefineryOil / Oil ProductsTurkeyShareholder
    Kirikkale (Turkiye Petrol Rafinerileri AS) - Sulfur Recovery 02 (Plt 1875-New)RefineryOil / Oil ProductsTurkeyShareholder
    Tracked physical assets associated with this issuer (operated, managed, or owned).

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Koc Holding AS Market data — financials · 2026-05-28
    • Koc Holding AS Market data — analyst estimates · 2026-05-28
    • Koc Holding AS Market data — ESG · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    KCHOL.ISCanonical
    Borsa Istanbul · TRY

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage