New Risk • 17h
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Market cap is less than US$100m (₺890.0m market cap, or US$19.5m). Annuncio • Apr 07
Yukselen Celik Anonim Sirketi, Annual General Meeting, Apr 28, 2026 Yukselen Celik Anonim Sirketi, Annual General Meeting, Apr 28, 2026. Location: osmangazi mah., 2647.sk no:40/1 34538 esenyurt, istanbul Turkey New Risk • Dec 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Turkish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 58% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₺855.0m market cap, or US$20.1m). Reported Earnings • Nov 12
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₺251.5m (down 37% from 3Q 2024). Net loss: ₺35.0m (loss narrowed 74% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 19
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₺200.6m (down 39% from 2Q 2024). Net income: ₺109.3m (up ₺206.6m from 2Q 2024). Profit margin: 55% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Annuncio • Mar 25
Yukselen Celik Anonim Sirketi, Annual General Meeting, Apr 16, 2025 Yukselen Celik Anonim Sirketi, Annual General Meeting, Apr 16, 2025. Location: osmangazi mah., 2647.sk no:40/1 34538 esenyurt, esenyurt, istanbul Turkey New Risk • Mar 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₺1.58b market cap, or US$41.5m). Reported Earnings • Mar 09
Full year 2024 earnings released: ₺1.55 loss per share (vs ₺0.59 loss in FY 2023) Full year 2024 results: ₺1.55 loss per share (further deteriorated from ₺0.59 loss in FY 2023). Revenue: ₺1.55b (up 10.0% from FY 2023). Net loss: ₺388.3m (loss widened 163% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 13
Third quarter 2024 earnings released: ₺0.53 loss per share (vs ₺0.024 profit in 3Q 2023) Third quarter 2024 results: ₺0.53 loss per share (down from ₺0.024 profit in 3Q 2023). Revenue: ₺399.1m (up 45% from 3Q 2023). Net loss: ₺133.6m (down ₺139.7m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 04
Second quarter 2024 earnings released: ₺1.52 loss per share (vs ₺0.06 loss in 2Q 2023) Second quarter 2024 results: ₺1.52 loss per share (further deteriorated from ₺0.06 loss in 2Q 2023). Revenue: ₺328.4m (up 136% from 2Q 2023). Net loss: ₺97.3m (loss widened ₺82.3m from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 23
First quarter 2024 earnings released: ₺0.49 loss per share (vs ₺0.17 profit in 1Q 2023) First quarter 2024 results: ₺0.49 loss per share (down from ₺0.17 profit in 1Q 2023). Revenue: ₺378.8m (up 16% from 1Q 2023). Net loss: ₺61.8m (down 400% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 65% per year, which means it is well ahead of earnings. New Risk • Jun 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Turkish stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₺2.68b market cap, or US$81.8m). Reported Earnings • May 13
Full year 2023 earnings released Full year 2023 results: Revenue: ₺1.41b (down 4.4% from FY 2022). Net loss: ₺147.5m (down 189% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₺22.42, the stock trades at a trailing P/E ratio of 50.8x. Average trailing P/E is 25x in the Metals and Mining industry in Turkey. Total returns to shareholders of 383% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₺20.72, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 23x in the Metals and Mining industry in Turkey. Total returns to shareholders of 351% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₺14.09, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 12x in the Metals and Mining industry in Turkey. Total returns to shareholders of 204% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₺15.77, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 13x in the Metals and Mining industry in Turkey. Total returns to shareholders of 235% over the past three years. Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: ₺0.049 (vs ₺0.03 in 3Q 2022) Third quarter 2023 results: EPS: ₺0.049 (up from ₺0.03 in 3Q 2022). Revenue: ₺276.0m (down 14% from 3Q 2022). Net income: ₺6.11m (up 64% from 3Q 2022). Profit margin: 2.2% (up from 1.2% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Oct 10
Upcoming dividend of ₺0.10 per share at 0.7% yield Eligible shareholders must have bought the stock before 17 October 2023. Payment date: 19 October 2023. Trailing yield: 0.7%. Lower than top quartile of Turkish dividend payers (2.0%). Lower than average of industry peers (7.2%). Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₺15.65, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 18x in the Metals and Mining industry in Turkey. Total returns to shareholders of 241% over the past three years. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₺13.40, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 16x in the Metals and Mining industry in Turkey. Total returns to shareholders of 170% over the past three years. Reported Earnings • Aug 13
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₺139.2m (down 64% from 2Q 2022). Net loss: ₺15.0m (down 122% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₺9.51, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 10x in the Metals and Mining industry in Turkey. Total returns to shareholders of 213% over the past three years. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: ₺0.17 (vs ₺0.41 in 1Q 2022) First quarter 2023 results: EPS: ₺0.17 (down from ₺0.41 in 1Q 2022). Revenue: ₺328.0m (down 13% from 1Q 2022). Net income: ₺20.6m (down 60% from 1Q 2022). Profit margin: 6.3% (down from 14% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 04
Full year 2022 earnings released Full year 2022 results: Revenue: ₺1.48b (up 118% from FY 2021). Net income: ₺166.1m (up 52% from FY 2021). Profit margin: 11% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₺11.38, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 8x in the Metals and Mining industry in Turkey. Total returns to shareholders of 259% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Hayrullah Dogan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: ₺0.03 (vs ₺0.17 in 3Q 2021) Third quarter 2022 results: EPS: ₺0.03 (down from ₺0.17 in 3Q 2021). Revenue: ₺319.6m (up 103% from 3Q 2021). Net income: ₺3.73m (down 82% from 3Q 2021). Profit margin: 1.2% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Upcoming Dividend • Jun 28
Upcoming dividend of ₺0.17 per share Eligible shareholders must have bought the stock before 05 July 2022. Payment date: 07 July 2022. Trailing yield: 0.4%. Lower than top quartile of Turkish dividend payers (3.6%). Lower than average of industry peers (14%). Reported Earnings • May 06
First quarter 2022 earnings released First quarter 2022 results: Revenue: ₺375.7m (up 327% from 1Q 2021). Net income: ₺51.5m (up 277% from 1Q 2021). Profit margin: 14% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Hayrullah Dogan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 21% share price gain to ₺7.79, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 8x in the Metals and Mining industry in Turkey. Total returns to shareholders of 61% over the past year. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: ₺678.7m (up 269% from FY 2020). Net income: ₺109.1m (up ₺96.5m from FY 2020). Profit margin: 16% (up from 6.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₺5.14, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 12x in the Metals and Mining industry in Turkey. Total returns to shareholders of 7.3% over the past year. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improved over the past week After last week's 21% share price gain to ₺6.51, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 13x in the Metals and Mining industry in Turkey. Total returns to shareholders of 36% over the past year. Reported Earnings • Nov 03
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₺157.3m (up 243% from 3Q 2020). Net income: ₺21.2m (up 451% from 3Q 2020). Profit margin: 14% (up from 8.4% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 05
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₺151.7m (up 363% from 2Q 2020). Net income: ₺18.0m (up ₺17.0m from 2Q 2020). Profit margin: 12% (up from 3.1% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Mar 03
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₺183.7m (up 7.7% from FY 2019). Net income: ₺12.7m (down 30% from FY 2019). Profit margin: 6.9% (down from 11% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Dec 31
New 90-day high: ₺7.55 The company is up 14% from its price of ₺6.62 on 02 October 2020. The Turkish market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 46% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: ₺6.47 The company is down 19% from its price of ₺8.00 on 30 July 2020. The Turkish market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 10.0% over the same period.