Update shared on 03 Dec 2025
Narrative Update on Turkcell Iletisim Hizmetleri
Analysts have maintained their price target for Turkcell Iletisim Hizmetleri at approximately TRY 141.78, as slightly stronger long term revenue growth expectations offset modest pressure on forecast profit margins and a marginally higher future P E multiple.
What's in the News
- Turkcell formed a major strategic partnership with Google Cloud to launch a new cloud region in Turkiye, significantly expanding its data center capacity and positioning the country as a regional hub for digital and AI innovation (Key Developments).
- As part of the Google Cloud alliance, Turkcell will resell Google Cloud solutions, leverage its technologies to enhance its own operations, and provide low latency cloud services focused on data analytics, cybersecurity, and digital business solutions to enterprises across Turkiye (Key Developments).
- The company revised its 2025 guidance, targeting around 10% revenue growth, underpinned by an anticipated approximately 43% increase in data center and cloud revenues (Key Developments).
- Turkcell secured 160 MHz of 5G spectrum for about USD 1.224 billion, giving it roughly 42% of total available frequencies in Turkiye and reinforcing its position to deliver the highest 5G speeds in the market (Key Developments).
- The 5G licenses extend the validity of Turkcell's 2G, 3G, and 4.5G authorizations until December 31, 2042, with 5G commercial launch planned from April 1, 2026 and spectrum payments spread over 2026 and 2027 (Key Developments).
Valuation Changes
- Fair Value: Unchanged at approximately TRY 141.78, indicating no revision to the overall intrinsic value assessment.
- Discount Rate: Stable at around 29.57 percent, reflecting no change in the risk and return assumptions applied to future cash flows.
- Revenue Growth: Risen slightly from about 34.09 percent to roughly 34.17 percent, signaling a modestly more optimistic long term top-line outlook.
- Net Profit Margin: Fallen slightly from around 13.82 percent to approximately 13.32 percent, suggesting marginally higher cost or investment expectations in the forecast period.
- Future P E: Increased slightly from about 10.85x to roughly 11.24x, implying a modestly higher valuation multiple on projected earnings.
Have other thoughts on Turkcell Iletisim Hizmetleri?
Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.
Create NarrativeDisclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.