Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi (AEFES) Stock Overview
Engages in the production, bottling, distribution, marketing, and sale of beer, malt, non-carbonated, and non-alcoholic beverages in Turkey and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
AEFES Community Fair Values
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Analyst Price Targets
Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₺20.40 |
| 52 Week High | ₺23.28 |
| 52 Week Low | ₺13.25 |
| Beta | 0.51 |
| 1 Month Change | -1.45% |
| 3 Month Change | 17.99% |
| 1 Year Change | 47.29% |
| 3 Year Change | 214.81% |
| 5 Year Change | 818.09% |
| Change since IPO | 9,659.60% |
Recent News & Updates
Narrative Update • Jun 05
AEFES: Higher Future P E And Steady Assumptions Will Support Further Upside
Analysts kept their TRY price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi broadly steady, citing largely unchanged fair value estimates and model assumptions around discount rate, revenue, profit margin and future P/E. What's in the News No recent company specific news, periodical coverage or key developments were identified in the provided sources for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi based on the latest data supplied.Narrative Update • May 18
AEFES: Higher Future P E Assumptions Will Support Further Upside
Narrative Update Analysts have adjusted their price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi slightly higher, from TRY25.13 to TRY25.43, citing updated assumptions for discount rate, revenue growth, profit margins, and future P/E multiples. Valuation Changes Fair Value: TRY25.13 to TRY25.43, risen slightly in the latest update.
Narrative Update • Apr 22
AEFES: Unchanged TRY 32 Fair Value Will Support Future Upside Potential
Analysts kept their TRY price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi unchanged, highlighting a balance between lower projected revenue growth and profit margin and a higher assumed future P/E multiple in their updated models. Valuation Changes Fair Value: TRY32.0 remains unchanged, indicating the updated model keeps the same central value estimate.Narrative Update • Apr 08
AEFES: Unchanged TRY 32 Fair Value Will Support Future Upside Potential
Analysts have maintained their TRY 32.00 price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi, citing slightly firmer revenue growth and profit margin assumptions, along with a marginally lower forward P/E estimate. Valuation Changes Fair Value: TRY 32.0 is unchanged, indicating no revision to the headline valuation level.Recent updates
Narrative Update • Jun 05
AEFES: Higher Future P E And Steady Assumptions Will Support Further Upside
Analysts kept their TRY price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi broadly steady, citing largely unchanged fair value estimates and model assumptions around discount rate, revenue, profit margin and future P/E. What's in the News No recent company specific news, periodical coverage or key developments were identified in the provided sources for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi based on the latest data supplied.Narrative Update • May 18
AEFES: Higher Future P E Assumptions Will Support Further Upside
Narrative Update Analysts have adjusted their price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi slightly higher, from TRY25.13 to TRY25.43, citing updated assumptions for discount rate, revenue growth, profit margins, and future P/E multiples. Valuation Changes Fair Value: TRY25.13 to TRY25.43, risen slightly in the latest update.Narrative Update • Apr 22
AEFES: Unchanged TRY 32 Fair Value Will Support Future Upside Potential
Analysts kept their TRY price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi unchanged, highlighting a balance between lower projected revenue growth and profit margin and a higher assumed future P/E multiple in their updated models. Valuation Changes Fair Value: TRY32.0 remains unchanged, indicating the updated model keeps the same central value estimate.Narrative Update • Apr 08
AEFES: Unchanged TRY 32 Fair Value Will Support Future Upside Potential
Analysts have maintained their TRY 32.00 price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi, citing slightly firmer revenue growth and profit margin assumptions, along with a marginally lower forward P/E estimate. Valuation Changes Fair Value: TRY 32.0 is unchanged, indicating no revision to the headline valuation level.Narrative Update • Mar 25
AEFES: Higher Future P/E Multiple Will Support Upside Potential
Analysts have kept their TRY 32.00 price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi unchanged, citing revised assumptions for revenue growth, profit margin and future P/E that still support this valuation level. Valuation Changes Fair Value: TRY32.00 remains unchanged, indicating no adjustment to the central valuation estimate.Narrative Update • Mar 09
AEFES: Higher Future P/E Assumptions Will Support Upside Potential
Analysts have lifted their price target on Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi from TRY 29.00 to TRY 32.00, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple. Valuation Changes Fair Value: Increased from TRY 29.0 to TRY 32.0, indicating a moderate uplift in the assessed share value.Narrative Update • Feb 23
AEFES: Higher Margins And Revenue Assumptions Will Support Future Upside
Analysts have lifted their price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi from TRY21.98 to about TRY25.13, citing updated assumptions around revenue growth, profit margins, the discount rate, and a lower future P/E multiple. Valuation Changes Fair Value: TRY21.98 to TRY25.13, representing a moderate upward adjustment in the implied valuation range.
Narrative Update • Feb 09
AEFES: Fair Value View Will Balance Modest Margin And P E Shifts
Analysts have maintained their fair value estimate for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi at $18.40 per share, attributing this to modest adjustments in revenue growth, profit margin and future P/E assumptions rather than any significant change in their overall view of the stock. Valuation Changes Fair Value Estimate: held steady at $18.40 per share, indicating no change in the central valuation outcome.Narrative Update • Jan 26
AEFES: Fair Value View Will Balance Higher Margins And Required Return
Analysts have raised their price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi from $16.00 to $18.40, citing updated assumptions around revenue growth, profit margins, and future P/E that contribute to a slightly higher fair value despite a modestly adjusted discount rate. Valuation Changes Fair Value: revised from $16.00 to $18.40, representing a modest upward shift in the assessed share value.Narrative Update • Jan 11
AEFES: Higher Margins And Revenue Assumptions Will Support Upside Potential
Analysts have kept their fair value estimate for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi unchanged at $29.00, citing updated assumptions for revenue growth, profit margin and a lower future P/E multiple as key drivers behind their latest target price work. Valuation Changes Fair value estimate remains unchanged at $29.00, indicating no adjustment to the headline valuation level.Narrative Update • Dec 14
AEFES: Stronger Margins Expected To Drive Share Price Higher
Analysts have raised their price target on Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi from $27.40 to $29.00, citing higher expected revenue growth, improving profit margins, and a more attractive forward P/E multiple. Valuation Changes Fair Value: increased from 27.40 TRY to 29.00 TRY, reflecting a modest upward revision in the intrinsic valuation estimate.Narrative Update • Oct 24
Expanding Premium Offerings And Emerging Markets Will Create Future Value
Analysts have slightly lowered their price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi from ₺22.26 to ₺21.98, citing marginally moderated revenue growth projections and a modest uptick in estimated profit margins. Valuation Changes Consensus Analyst Price Target has decreased marginally, moving from TRY 22.26 to TRY 21.98.Narrative Update • Oct 10
Expanding Premium Offerings And Emerging Markets Will Create Future Value
Analysts have revised their price target for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi downward from ₺23.23 to ₺22.26, citing a slightly higher discount rate as well as moderated expectations for revenue growth and profit margin. Valuation Changes Fair Value Estimate: Decreased from TRY 23.23 to TRY 22.26.Narrative Update • Aug 27
Expanding Premium Offerings And Emerging Markets Will Create Future Value
A decrease in Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi’s future P/E ratio indicates lowered earnings expectations, which has driven the consensus analyst price target down from TRY25.70 to TRY23.22. Valuation Changes Summary of Valuation Changes for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi The Consensus Analyst Price Target has fallen from TRY25.70 to TRY23.22.
New Narrative • Dec 22
Surging Beer Sales In Russia And CIS Markets Propel Revenue Growth And Earnings
Strong growth in the Russian beer market and effective strategies are expected to boost international revenue and profitability.Shareholder Returns
| AEFES | TR Beverage | TR Market | |
|---|---|---|---|
| 7D | 0.2% | -1.3% | -1.1% |
| 1Y | 47.3% | 37.2% | 46.5% |
Return vs Industry: AEFES exceeded the TR Beverage industry which returned 37.2% over the past year.
Return vs Market: AEFES matched the TR Market which returned 46.5% over the past year.
Price Volatility
| AEFES volatility | |
|---|---|
| AEFES Average Weekly Movement | 5.8% |
| Beverage Industry Average Movement | 5.8% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in TR Market | 10.6% |
| 10% least volatile stocks in TR Market | 4.9% |
Stable Share Price: AEFES has not had significant price volatility in the past 3 months compared to the TR market.
Volatility Over Time: AEFES's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1966 | 15,885 | Onur Alturk | www.anadoluefes.com |
Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi, together with its subsidiaries, engages in the production, bottling, distribution, marketing, and sale of beer, malt, non-carbonated, and non-alcoholic beverages in Turkey and internationally. The company operates in two segments, Beer and Soft Drinks. It offers carbonated and low alcoholic drinks, water, fruit juice concentrates, purees and fresh fruit.
Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi Fundamentals Summary
| AEFES fundamental statistics | |
|---|---|
| Market cap | ₺120.79b |
| Earnings (TTM) | ₺8.71b |
| Revenue (TTM) | ₺248.24b |
13.9x
P/E Ratio0.5x
P/S RatioIs AEFES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AEFES income statement (TTM) | |
|---|---|
| Revenue | ₺248.24b |
| Cost of Revenue | ₺153.57b |
| Gross Profit | ₺94.67b |
| Other Expenses | ₺85.96b |
| Earnings | ₺8.71b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.47 |
| Gross Margin | 38.14% |
| Net Profit Margin | 3.51% |
| Debt/Equity Ratio | 39.3% |
How did AEFES perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield7%
Payout RatioDoes AEFES pay a reliable dividends?
See AEFES dividend history and benchmarks| Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi dividend dates | |
|---|---|
| Ex Dividend Date | Oct 05 2026 |
| Dividend Pay Date | Oct 07 2026 |
| Days until Ex dividend | 114 days |
| Days until Dividend pay date | 116 days |
Does AEFES pay a reliable dividends?
See AEFES dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 22:52 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| A.Onder Zorba | Ata Invest |
| Hanzade Kilickiran | Barclays |
| Samar Chand | Barclays |